RalphStPierre

RalphStPierre

First two short attempts on the lower TFs failed. Nice H&S pattern developing on the Daily Chart. We are going to go short if we have a daily close below the trend line. With 1.618 projection of wave 3 for the target.

RalphStPierre

A trendlind break triggers a Breakout 3 trade. Target is recent low. If price makes a deeper correction. A Breakout 4 trade can be placed short with trendline break and recent low as target also.

RalphStPierre

BO4 trade potential

RalphStPierre

retrace time ? see what you see...double bottom...end of wave 4 (although it slighty traded in wave 1 area ) possible head and shoulders. etc etc etc

RalphStPierre

A trend following trend we are following. Rob Hoffams institutional candle setup. it similar to out trend following BO3 trade set up. First. You need the 20 EMS in a 45 degree angle. In an uptrend a control trend candle that ends up closing with at least 45 percent of its candle as a wick. The trigger is when prics trades 1 pip above candle. Ths Stop is one pip...

RalphStPierre

Double Top Suggests a pending reversal. Divergence on both the AO and Stochastics. A close below the wave triggers a Short.

RalphStPierre Updated 

Complex as complex gets.

RalphStPierre

A close above the wave triggered a Fill the Gap trade with the tunnel as the target. A count adjustment downgraded our 1.80 forecast to 1.50. A retrace into the wave for an internal wave iv is projected before price trades to the tunnel.

RalphStPierre

Wave ii Flat suggests a sharp wave iv correction

RalphStPierre

Trendline break and close above Wave triggers BO2 trade.

RalphStPierre

Had good success trading the 4 HR 1-2 leg. Stopped out on an early long trading the 4HR 2-3 leg with and entry off the 15min TF. Currently Long 1 on a Fill The Gap entry off the 1 HR TF. (that is negative 17 pips that looks like its in Wave 2 1 HR TF ) SL set below previous low.

RalphStPierre Updated 

Its not pretty...close below the wave triggers short trade.

RalphStPierre Updated 

A close above the Wave triggers long position with the Tunnel as the target.

RalphStPierre

Trade came close to stopping out. But is still active. Looking for the 42 dollar area.

RalphStPierre

Looking for a reversal pattern on the 1HR TF to trigger a short

RalphStPierre

Price is in the reversal zone for wave ii. Looking for a reversal pattern on the lower time frame. Keeping in mind wave ii can retrace 100% of wave i and still be valid.

RalphStPierre Updated 

Close below the wave triggers short. Off Multiple Tops. And AO Divergence. And bearish Butterfly pattern n the 1H TF

RalphStPierre Updated 

Double top. Close below the wave triggers short