ES E-Mini - Ups...it did it again...The legacy of Newton, Babson and Andrews - Action/Reaction .
>>> Price is going back to center over 80% of time. <<<
And here we have it again, and again, and again....
Many Traders looking for the quick & easy money.
Trading with Action/Reaction and the Forks can be easy too.
But first one has to learn how to apply these tools to the markets.
That's why i share my passion and my knowledge with you. Realize that
every Diva want's to be persuade. And so does the universal law of Action/Reaction.
Give it a try, and don't give up. And soon you can embrace a new world in Technical analysis.
Here's your start: mytradingcoach.teachable.com
Be happy, stay healthy, be kind.
P!
...i am prepeairing something BIG for you all, who are interested in A/R.
FORK
AAPL - Ready For Another Run Up.Now that price has close outside the U-MLH, we also have a additional little confirmation with the MACD, for thoes who give credit to the Oscilators.
The stop behind the structure and the lower extreme gives me no headache.
Here's your free Action/Reaction & Fork Mini-Course, enjoy:
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EURGBP - Party Down To The Centerline?As far as i know, price is going to the Centerline over 80% of time.
And price reached its max. with overshoot at the U-MLH.
Let's see how physics unfold...
...oh btw. - some call the pattern that was built since 2016-02-10 a H&S ;-)
P!
Give your learning curve a try - it's free: mytradingcoach.teachable.com
USDCHF - Rebound after Head Banging on the CLLast week we had ECB decision about int. rat. to zero, what caused the flash down to the A/R line to the tick.
Now, the Action is over and the reaction can follow.
Price landed in the Buyers Zone again, which was first washed out by the Sine-Wave move down to equilibrium.
Then we see the normal "Bubble-Up" (the reaction from priors action) up to the CL, which price reaches over 80% of time.
From down here, a new story is starting beeing telled....
P!
Free for you: Action/Reaction and Forks
IWM - From Extreme To CenterFrom extremes to center - in any context.
1) Price is at lower extreme of the black, big fork
2) ...runs back to centerline of the black fork
3) and comes back to another center, the small red upsloping forks one. It's just another context.
Will it rest there?
Dunno...nobody knows.
But if you observe, make your one stats and can beleieve in them, then you know what to to, when price reaches a centerline, a upper or lower extreme or just sitting in the middle of nowhere.
If you like this natural laws of center and extremes, of action and reaction, then you can find a small very basic course online in here i've made for starters, fro free:
mytradingcoach.teachable.com
P!
CL - Crude is approaching the Trend BarrierNear the TB, priceaction becomes nervous very often.
So, i would not wonder if price pokes through the TB, even up to the WL (Wanring Line - Dashed Black) and then fall again, even back to the U-MLH (Upper Medianline Parallel) or to the L-MLH.
Interested in Action/Reaction and the Forks?
Here is a very basic course for you - free:
mytradingcoach.teachable.com
Gold forkThis fork describes price action for the last couple of weeks. We are now in the lower part of the channel and possibly going to re test 1240 in days to come. Long positions may be taken at lower support and closed when reaching red center line.
The 50/200 MA crossing confirms we are now in a well established uptrend market.
RUT - Turn At Extremes On A DimeUnderstanding where extremes in markets luring, can be very helpful.
Most of my trades are with options for credit
See where the green circle is - it's where the lower extreme sitting to shoot up price again like a cannon.
The opposite is at the CL (Centerline), where the red circle is. This is where the energy is running out.
Now we will see price back to the red CL. Again, a equilibrium in a smaller universe.
Observe to learn!
...her's a very basic A/R course:
mytradingcoach.teachable.com
Serve yourselfThis fork frames quite well price action for the past few weeks and is quite aligned with last top. Even if uptrend is not so strong inside it, price will remain inside the green channel for some time. Yesterday's low was on the 0,38 Fib retracement and this could be a good time to place a new long.
Idea invalidated below 400 where price could drop on the blue channel around 390.
Bullish Crab - Short - Watch for Fork Break! + Pattern!Currently retracing from .382 fib level, look for price to bounce off the next .382 for trend to continue downwards.
Or if it breaks, wait for the price to move to the blue line of the fork,
from 2.08158 to the .382 retracement at that level and then continue lower!
Overall POSITIVE downtrend!
If Head and Shoulders pattern completes, look to take off profit at the .782 retracement level! (Set SL just under the last shoulder peak & Enter just under the LOW of the peak for the best entry point.
All the best in your trading!
CharlieFX
USD - Hell of a range and on the way to the south?P5 is reached...at least it looks like.
The tiny lower close is very suspicious...
At least price broke out of the "creative" downsloping Fork and reached the CL.
From here price either zooms through the CL, or comes down to the L-MLH.
Chance for the walk to the south are 80% - same as going to the CL!
And why NOW?...well, as i said, price reached the CL. So it's at the center OR
it is at a potential extreme. If you think about it for a while - the CL could be the
upper extreme...if you threw in a WL (Warning line = 50% projection to the downside)...
Think about this...
P!
NSC - Dead End for the Bears?This Company was mentioned in my options group
and it looked very interesting to me. So i got my
hands on it and found a nice potential trade.
The fast run down seems to have a end.
Frequency catched up bevor, then shifted and now
we find price at the WL (Warning Line), where the
shifted Frequency meets Action/Reaction.
Potential for a long with a nice stopp below 71
seems a fair bet for a PTG between 95/100.
P!