SPY - Red skies in the morning; sailors take warningPlease enjoy, a little thrown together but I wanted to get this out there.
Russel
IONSFundamental score of 30
I just love that formation and CLEAR PRECISE trendline. It will get broken soon and fall alot. GL
RUT - Russel is going for the sweeties...Just relentless - You should NOT trade against this sweetie-monster, but trade WITH it.
Although the Centerline is not superior, we catch the path of price with this Fork.
...go RUT...get my sweetie §8-)
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RUT - Nice symmetry in Russel and a shift in movement.Not much to say.
Just study the chart to learn a little more about forks and how the market moves.
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RUT - Tabula rasaAfter the high close last Friday, I decided to clear the RUT chart and dig deeper.
Here's what I found, the reason why RUT was not convinced to break the sliding in the prior chart.
So, until the centerline is broken, I'm slightly bullish and just trade Theta (Optionstrading...collecting money by selling deep out of the money options and low volatility strategies).
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RUT - Russel in test modeAfter missing the lower (orange) centerline, RUT has made a first test of the L-MLH.
It's hard to say, where this market will go.
The Hagopian indicates a further surge, the test a potential new fall to the south.
Sitting on my hands and collecting theta meanwhile.
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RUT - Russel @ decision point - Russel an EntscheidungpunktNot much to say here - if it can break the actual pressing, then we probably will see RUT climbing to new highs.
The downside seems harder to break, since we can see lot's of support.
However - neutral to light skewed positions are not a bad idea IMO.
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Hier gibt's nicht viel zu sagen - Schafft es der Markt das aktuelle Pressing zu durchbrechen, werden wir höchstwahrscheinlich neue Hochs sehen.
Für die Short Seite wird es meiner Meinung nach schwieriger, da wir etlichen support haben.
Wie auch immer - neutrale bis leicht ge-Skewete positionen sind meiner Meinung nach keine schlechte Idee.
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RUT - Russels mini explosion and pullback to the sliding.After the explosion to the upside (see this post : ), RUT was pulling back after missing the centerline by just a couple points.
Normally this indicates a further drop then from where it came (Hagopian rule).
But in this case, it could be the opposite - feeding the fire with fuel and shooting this rocket to stage three.
This is the time, where no clear view and momentum action is obvious.
Just a poker face...wanting me to jump in and do "something", just to satisfy my hunger to trade.
But I just smile and sit back in my chear, waiting for his nose wing to twitch...hehe...
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RUT - Russel pressing could release soon.Here we have
a) the broken sine wave
b) the pressure cooker
...and a flow to the north.
This pressing could explode soon.
It's a pattern I observe since years, and it works very well.
After the explosion, the steam settles first, bevor floating upwards again.
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RUT - Russel ready to start climbing.Here is why I see that the Russel could climb again:
The orange up sloping frequency shift is reached.
From there, RUT jumped up - in addition, the sine-wave center was breached and hence price is ready to turn.
Besides all these facts, there is one bar that caught my attention: The green marked one showed a nice intention to the upside - watch the close!
So, I'm happy with my Butterflys, watching them getting fatten from day to day as time decay §8-)
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RUT - 2 Bars too early but...Here we go.
Russel did a test/retest and is now on the way south.
My Put Debit Spreads gain $ and I observe what will happen at the sliding parallel.
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RUT - Russel below the centerlineThe zoom below the centerline gave us a high potential of a test/retest, and here we are.
Most likely price will go south from here.
The potential target is the sliding parallel.
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RUT - Russel likes to bounce it's head on the ceilingAs bevor in 2015, price bounced twice on the ceiling.
The tiny support is not really something, but it is kinda confirming with the last down Bar.
From here the pullback shall happen so we can enter short or buy more Butterflys for a soar into profits hehe...
Happy new week to all.
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RUT - Russel nerve wreckingIt's a tiny little bit nerve wrecking with the RUT and others too.
So far nothing to do, just observing.
I wait for a potential break of the small trendline, then observe further, waiting for a potential pullback.
standby...
RUT - Russel arrived at the bounce pointEven in the Daily TF we see a high potential for a bounce to the downside.
WL1 (Warning Line 1) is reached. This will be a nice bet next week.
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Russel - RUT / IUX confirmation for Markets going north?Amazing how A/R and Forks catch important resistance and support.
It looks like RUT is leading the pack and it is like confirmation for the other important indices.
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RUT - IUX...where it will open today?For our Options Butterfly Traders:
Here we can see the close from yesterday 23.6.16
Watch how price act on the Forks & Action/Reaction lines.
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Larn To Earn: mytradingcoach.teachable.com
RUSSEL - RUT @ Decision PointWith the centerline, there is also a natural resistance from the past (red zone).
A break of this zone would imply a further move, at least up to the U-MLH.
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IWM - Some Chart Alchemy §8-)Sinewave masures the last major up move.
...sit back, study and let your brain work ;-)
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mytradingcoach.teachable.com
IUX Russel - Rejection from the TrendBarrierWhat is important on this chart is not the trade!
It is how you can see support and resistance at the lines.
If you know how to use these tools your chance of profit increase dramatically, because all these lines do is follow the law of Action/Reaction - Newtons law.
It's not a holy grale or such. But when something is happening over 80% of time, then we should pay attention to it and think about how we can use this for our trading. And yes, price is going to the centerline (CL.) over 80% of time.
This is only one rule of many, of the A/R freamweork.
I like to trade small, very small, but trade many occurences to increase my chance of making a profit at the end.
That is why i like to sell options very much! Selling options have a built in success of expiring out of the money over 70%!
Now combine this with this fantastic Action/Reaction framework and you have a hell of a great system to make money from the markets.
I have put togheter a very basic Action/Reaction and Fork course where you can attend for free.
Use this for your advantage and take you seat and start to dive in the world of Newtons law of Action/Reaction on this website: mytradingcoach.teachable.com
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RUT - 3rd time similar patternGap filled and now down we go...
Let's see if the third pattern evolves the same way.
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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.
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Learn this stuff for free at: 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.
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Fork rules? Here they are: mytradingcoach.teachable.com
