


Sunday evening; WE RALLIED AT THE OPEN OF THE Sunday futures session. Typically there will be a reversal to go back down to pivot/VWAP by the MONDAY CASH open. Since Mondays typically are Bullish, according to backtesting... "they" will sell overnight until London opens, this could lead to. big rally by NYSE open. So i'd like to go long with london. Later in...
My 3 year backtesting shows typically mondays are up and fridays end down. That doesn't mean we short all day... I think we go up from here based on trend, candles, elliot, and this new chart overaly with my friend AnotherDAPTrader's strategy DAP Scalp 1 MAX.. Any questions ask him please. point is we have a doji above pivot and a 3 day ABC correction...
QQQ from $110 to $20.... lasted 3 years... , 50 EMA well below 200 EMA.. only 2 recessions since 2000 massive losses as money moves from Retail to The Bilderbergs hands.
Price has to get back inside the PP Range, fact. All we need for that to happen is about a .236 fib retracement. The white lines, on top of the blue fib retracement are where i think S6 and r6 will be tomorrow. an educated guess. 30 years of watching price go from extreme to extreme tells me we are oversold, the rubberband is wound too tight, VAWP and P. P. by...
but B wave up first to fill the gap. TP's in blue for both the small B wave up, and the big C wave down after There are 4 possible B wave levels we have reached the first one, so we could just go straight down
It is a lot more relaxing to trade a longer timeframe, 30 " to 60" work best with Pivot Trading. This trade is based on riding this wave up to one of these levels, in blue, these fib based numbers show most bearish to most bullish level. I got here looking at a 5" candle which also looked promising: we completed an ABC down on 5" to the elliot level predicted,...
gyazo.com This was the situation then, PL1! had gone up to recent ATH and set a new record for recent months. I looked at the contract 1 month out, PLQ2024 and found them way overbought, and at the top of wave 5, and there were only 3 buys that took PLQ2024 to the same high as the current contract PLN2024. Because of all these factors, reasoned that when...
PL 976.5: I suggested we sell PL, eventually it went down to 955, see my Ideas to verify. There was a complex ABCDE UP wave correction up Monday June 10th we were long all day but sold the close @ R6. We rode it down to 958.6 and went long where you see the first buy. Please feel free to verify my posts. ;p All I have been doing it using my brokers platform...
I showed 6 months of trades and channelged people to find a day that closed outside the PP range. usually efore the market closes if we are below S6 we rally back up into the range. If we are above R6 we fall down back into the range. This is a high probability trade, especially if you measure how far we fell, from 1,100 to 972, there is a lot of ground to retest.
The next wave will likely be a wave 5 up. Current PT 1133 That selloff was paper Selling, I hope everyone used stop losses. However now we are here near the bottom of wave 4. just above S5, a powerfull buying level. I don't know exactly when the selling ends but right now there are the potential buy levels.
It looks like are going into a 5th wave complex, in trend, and impulsive. looks at this time that the 4th wave i s complets, sideways correction we will see
It looks to me like we are at the top of wave 5 and about to do an ABC down. RSI overbought stochs MACD weighted also overbought
PL is very volatile, by comparison with NQ it makes the NASDAQ look a little tame. Today I called for VWAP and we reached it, 1016.10 Then I called for long term support at 1022.4 we reached 1020. BUT beware a fast selloff. Right now we are cimbing up from 1008, at 1012.20. I think we can easily get back up to VWAP and long term suipport. Be sure you use...
We ae at major support, a recent TOP wave 1 in blue. This is a counter trend corrective wave 4. When the trend returns I expect a wave 5 up. Long complex, trend based... The longest wave often. Mucho profit, more later will b e added I have made many good and profitable calls to go long on PL in the please review then if you are unsure.
Friday we went up from S5 to R6. This is the ultimate SELL zone. TTM Squeeze Pro has placed 3 orange SELL dots above the last 15" Bearish harami. Between this evening,. Sunday's overnight market, and mondays open we might go a little higher first or make the move in the overnight session, but one way or the other we reversa and go xown either this evening or...
This is the additional Pivot level we added to the Indicator CD_Camarilla All_Levels, so it is the extreme of the extreme buy level. Buying at this level S6 is very safe, just like selling an ALL time High R6, which has never cost me. If you dob't know about The Pivots study my Ideas. We had. run for 3 months with over 99 trades before we had a loss ( We sold...
I'm seeing EWT numbers as high as Fibonacci 1.618 or 5443.75.... However my knowledge of the pivots tells me, we are at just about at S 4.3 5009 and I think the market will raise. to R5 or R6 the normal Pivots cycle from daily lows, S5-S6 where we buy and daily highs R5-R6 where we sell. Kauai Dave's Pivots Traders.
At the last new ATH I published a suggestion that we had hit a major top. That we might continue down for a while... It happen on a 2 hour chart we are in wave c down. PTs in blue at Fibonacci levels, with Squeeze stochs changing to strong selling. These levels match Pivot Point levels S5, S6 and beyond. But i don't expect us to go beyond S6 and stay there...