OK, here's the same idea with more information (more bars) then this previous one (see the previous chart below):
Now we even now that "they" have built a so called "feeding zone" (orange), where the whales in the pond eat all they can, just to pull the strings later.
But first the whales wash out the stops below. And as we see, they even are fishing below the Centerline, just to go long again and leave the ordinary trader behind them.
I expect the same jump above the zone as they did to the downside, but then a pullback to scare the hell out of the breakout traders. This is the exact zone where I load up the boat even more and go long, riding as a Guppy on the back of the whale.
May Neptun with his Fork be with you §8-)
P!
If you like to learn more about the Pitchforks and how they produce great trades, then here's how you can get your free beginners course:
1. Klick the link at the bottom of this post (on TradinvView.com) to get to our website.
2. Register for the FREE MEMBERSHIP
3. Login and start the course
Happy learning & earning.
Now we even now that "they" have built a so called "feeding zone" (orange), where the whales in the pond eat all they can, just to pull the strings later.
But first the whales wash out the stops below. And as we see, they even are fishing below the Centerline, just to go long again and leave the ordinary trader behind them.
I expect the same jump above the zone as they did to the downside, but then a pullback to scare the hell out of the breakout traders. This is the exact zone where I load up the boat even more and go long, riding as a Guppy on the back of the whale.
May Neptun with his Fork be with you §8-)
P!
If you like to learn more about the Pitchforks and how they produce great trades, then here's how you can get your free beginners course:
1. Klick the link at the bottom of this post (on TradinvView.com) to get to our website.
2. Register for the FREE MEMBERSHIP
3. Login and start the course
Happy learning & earning.
Comment:
Ooooon the way §8-)
Comment:
Approaching U-MLH.
Comment:
Snugging up my SL to .0.8900 - So already another winner...
Trade closed: target reached:
Profit stopped.