Forks
AUDUSD - Some Rules Of A/ROne of the rules (the Hagopian rule) of Action/Reaction is as follow:
" If price miss to go to the nextd line, there is a high probability that the market is going back from where it came, or farther in this direction".
Here we have the WL1, the Warning Line, which marks a area where price is running out of steam, and will pullback.
Check
Next we have the Hagopian rule. OK, price got rejected at the WL1 and is starting to go back from where it came
Check
...or further -> This one is optional, but in my stats proven that price is most often going back more then from where it came.
In this scenario price seems to stick at the Centerline, which is a normal A/R support in nature of this axiom.
So - where do we go from here?
I dunno...we are in the middle of the extremes, and there it can happen everything...
Ding Ding Ding - Shool is over, you can go home now §8-)
If you like this Action/Reaction & Forks method, take you free seat here in this very basic A/R course: mytradingcoach.teachable.com
I am in the midst of creating a whole braindumped course for you guys & gals.
If you want to be informed when its going live, just attend the free course above and i will send you a "ping" ;-)
P!
VIX - Attention Options TradersIf you trade options like me, then you will take a very close look at the VIX.
So here we are, at the Lower Medianline Paralle of the black downsloping Fork.
What does this mean?
It means, that the VIX has pulled back to equlibrium - to a energy zone of equal, where all is possible again.
Most of the time we can see price turns at the L-MLH in the opposite direction, since the energy (price) is
now at a stage of the opposite extreme, and/or at the center of the upcomming other extreme...
...can follow? ;-)
No problem if you can't. All what it means is, that we Option Sellers are probably looking for strategies, where
we more then not use strategies to buy, instead of selling options. For example some RiskReversals etc.
Let's see how this unfolds in the upcomming days and weeks.
P!
GBPJPY - A Real Newtonian...Your eyes looking at a real Action/Reaction Chart.
If you can master this, then you are on a very good way with you trading.
There is much, much more to come...stay tuned and start with the free
and very basic A/R & Fork Course today: mytradingcoach.teachable.com
P!
...today is a good day to start over, enjoy live and be thankful for what we have.
RUT/IWM - Pullback to centerline and then......down again?
hmmm....
As we can see the lower centerline was allready reached.
If price can work it's way above the upsloping centerline, then we are going much high, potentially above the GAP.
But if price will be rejected at the centerline, then a new low or a second touch of the downsloping centerline is highly possible.
P!
Learn this stuff for free at: mytradingcoach.teachable.com
USDWTI - At Support with solid uptrendWhat do i see in this chart?
- solid uptrend
- reacting big Centerline
- prior support at the red Centerline too
- support zone
- price at the L-MLH of the black fork
I go with the trend, so my trade would be long.
P!
Have you allready took your free seat at: mytradingcoach.teachable.com ?
GC - GOLD - Take 1: It looks very promising to meHow is this possible?
How can one find those spots (red dot), to initiate a trade with a high probability of over 80%?
Yes - if you short the upper Medianline Parallel, then you have a chance of >80% that price reaches the Centerline (grey).
The "secret" lies in KNOWLEDGE.
If you know WHY you choose the spot where you draw your lines, then you know the reason behind it.
And then you know what to EXPECT from your TA with Action/Reaction.
Start today and enhance your analysis arsenal with Action/Reaction for free: mytradingcoach.teachable.com
P!
DAX - Ready To Drop?Be careful with this chart.
It's just a projection that lines up very nice with some
of the tools i use in my Analysis.
Alltough i don't use hte Fibs, i was just courious how it could
fit the highs & lows and well, i'm surpriesed so far.
Pay close attention to the A/R Set and the projection (grey bars).
It looks very promising. But keep in mind that this is just a
projection, even if is one made with specific thougts - AR thinking.
P!
Course Material For Free: mytradingcoach.teachable.com
Russel 2000 Index on steroids...but now a pause is expectedU-MLH got broken and price even made it above the big-boy Centerline.
On the mini-Fork, price reached the Centerline the second time and now
I expect a Pullback to the black and / or even down to the U-MLH.
Anyhow, the potential is present that price could sky rocket up to the
U-MLH or further to the TrendBarrier.
P!
Fork rules? Here they are: mytradingcoach.teachable.com
EURGBP 240 - H&S Play with A/R & Fork StyleSo, here is how I play a H&S, with the tools of Action/Reaction & Forks, to be in very early of a H&S trade.
This leads to much more profit and for many, to smaller stops too.
1. Down to the base then
2. down to the original target of the H&S
P!
Free A/R & Fork Course: mytradingcoach.teachable.com