Tr8dingN3rd

Tr8dingN3rd

Nature is beautiful. It's always balancing the underlying energy. That's what we see here. Wheat spurted down too fast. The down-swing can be put in context by the Medianlines. Here, price has reached it's balance again at the CL. What's next? I bet for sideways to short action, until we crack the orange CIB line. Stalking Hat on...

Tr8dingN3rd

Yes, NVDA is stretched. Price got so pumped with all the AI (fake?) news that it looks now like a Pump & Dump pattern. However, it's not a reason to play Lotto. We better wait for facts. What are the actual facts in the eyes of a TA? a) Pendulum Swings give context b) the daily chart reveals where price has a high potential to turn sour. It's when price is...

Tr8dingN3rd Updated 

So, here comes a little lessen, that could have a huge impact on your Trading. Many of you know that in my arsenal of tools I use the Medianline/Pitchfork tool very often. It's my best tool to project the path of price, find extremes and centers in the markets. One day, I was stepping back in the world of Action/Reaction and started to research on the wisdom of...

Tr8dingN3rd

Sounds dramatic, I know. :-) We see where price got rejected near the Centerline (white). We see that price broke the little (blue) shelf which inflects with the orange Centerline. So, orange Centerline is broken too. According to the rules of the Medianlines, we can expect a pullback to it. And it would be a little Gift to enter Short, or load up the...

Tr8dingN3rd

The green zone is long term support. The Pitchfork projects path of price, on a Pendulum Swing basis. The sliding parallel (white) marks the overshoot and projected support. As we see, the steep down sloping yellow dotted resistance line was broken 5 weeks ago. But that's no reason to rush in. Why not wait for more facts? Do we have facts now? Yes, we have....

Tr8dingN3rd

I've been often asked, how I choose the A/B/C Points when I apply a Pitchfork. Just use context and learn the Swing rules. Then you cannot go wrong, and you will get the correct information from the market when you throw a Pitchfork on the Chart. Be open minded, but don't force your meaning to the market. The market is doing what he wants. So, we look for a...

Tr8dingN3rd Updated 

We see the long base. It looks like accumulation to me. The Pitchforks L-MLH shows good support in the angle price is flowing. Now that price climbed above the 200 D. MA, it's even more worth putting HOOD on the watch list, or even start to buying in. In such situations, where it looks good, but no clear indication by my strategy fires, I reverse pyramid my...

Tr8dingN3rd

Hey traders! Today, I want to share my analysis on why I believe shorting NVDA could be a compelling opportunity. 1. Price at Upper Extreme: NVDA's price is currently at an upper extreme, indicated by the U-MLH of the Pitchfork. This suggests a potential reversal or correction. 2. Overhyped by AI News: NVDA may be overhyped by AI-related news, leading to...

Tr8dingN3rd

So, here it comes down. Target & potential support is the Lower Medianline Parallel. Tinfoil: The economy is crashing soon. On that day, everybody and his Pets fleeing into Crypto §8-) Trade small, trade save and use Stops!

Tr8dingN3rd

The quick rise of BTC evokes the Short Ghost from the Chart ;-) Stoch is also overdue. I wait for a pullback and take it long if setup shows up.

Tr8dingN3rd Updated 

P5 target is reached, now comes the turn. Economy is in line with P5, and the Morons have done their work. Now it's time to to either wait to buy, or to take the whole ride to the downside. ...just reading Coffee-Ground. §8-) Stay well & be happy about the little miracles in live.

Tr8dingN3rd

Erationality at it's best. However, markets do what they do and we follow. Target 4300ish.

Tr8dingN3rd

Erationality at it's best. However, markets do what they do and we follow. Target 4300ish.

Tr8dingN3rd Updated 

Ok, it's more of a joke. But hey, watch the chart. Is it really so out of the universe? What's it called? A BearFlag?...jeah...whatever. Trade what you see, have a good RR and live will be easier. #SuperSecretTechnicalBitCoinAnalysis

Tr8dingN3rd

The count speaks for it self. However, P5 started a new count to the downside. The under- and overshoot where wonderful. Picture perfect I would say. But price traded back into the Fork again, not able to reach the Centerline. We (Medianline & Pitchforker) call this a HAGOPIAN. So, price should go back farther than from where it came (P5). But so far it...

Tr8dingN3rd Updated 

Looks like a nice short for a intraday play. The Centerline is the partial target. The L-MLH is the final target. Let's gooooo §8-)

Tr8dingN3rd Updated 

With the "cooked" CPI, let us examine the ES Chart. 1. The dotted yellow TL's show the OVERShoot and UNDERShoot, which are perfectly in line with the Medianlines. 2. Price was going up from the Zero to Five Count and broke the confirmed Pivot 4. This leads into a potential new start of the next Downtrend. 3. From the red 1, up to where we are now (2023/01/12),...

Tr8dingN3rd Updated 

Here's where Santa will land. Happy Santa Rally §8-)