Here is the second hidden hint i was able to reveale from the same chart, that gave me the heads up for a high probability short. P! Basic Action/Reaction for free: mytradingcoach.teachable.com
How 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...
Looks like this pair could not get over the L-MLH. So, next stop would be the Warning Line 1 (WL1). P! mybe you like this FREE course: mytradingcoach.teachable.com
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...
Courious if it repeats.... P! Go4Knowledge: mytradingcoach.teachable.com
Such pressing we can observe in the ES will lead most often to a brak in the opposite direction. That what my stats are telling me. Allways keep in mind that stats are...only stats... P! 4You: mytradingcoach.teachable.com
U-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:...
So, 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
Let's see if dhe AUD$ will hit his head on the TrendBarrier Wall, to tumble back to the Centerline... P! Give it a try, it's free: mytradingcoach.teachable.com
The last move, we where able to catch from the upsloping centerline, down to the red centerline. From what i see, i know it's very possible that price shoots down again, just to trade up much more then from where it came. In this case, my target would be the U-MLH of the downsloper. Let's see if price comes down and stick in the zone. P! Free Basic Fork...
Not much to say and do... Let's see if the old big support zone is valid. A real change in Flow occures when price leave the red downsloping Fork. P! Want know the rules of the Forks? Here we go - it's 100% free: mytradingcoach.teachable.com
What can a trader count on? As far as i know: FACTS and HIGH CHANCES from one statistics. If we filter all the noise and mark out the facts, then we have what's really going on in a chart. So, what facts do we have in the USDWTI Chart? 1. a mesure of the big up- swing, copied to where i see, price has changed direction. 2. price left the orange down Fork at the...
Looking to sell when we get at break of the trend line in the RSI
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...
...probably down again. If price is not able to cross the Centerline again, then there's a high chance that price makes it to the L-MLH. P! FREE for you: mytradingcoach.teachable.com
I can see it drop. The resistance is really remarkable. Trade save - important news ahed! P! Your Freebe: mytradingcoach.teachable.com
If price can't make it to the Energy Point or CL, then we have a longer party to the south i think. In my prev. NASDAQ post from yesterday i told, that it's "ova". Time will tell. P! Like the Action/Reaction? Her's a gift for you: mytradingcoach.teachable.com
Relax, sit back in you chear and just let the chart go into your Trader Brain. Enroll your free course : Action/Reaction & Forks Basics mytradingcoach.teachable.com