Protecting Your Trades With Fibonacci Price Theory. Learn to understand the BELTLINE range (50%) and why it is so important for structuring your trades for profit. Not all trades will be successful - plan for FAILURE. Planning for FAILURE = Long-Term SUCCESS. Follow my research. The rabbit-hole of knowledge I've amassed over the past 25+ years is deep. I...
After 25+ years of research, study, and application of some of the most incredible trading strategies - I'm sharing one of the MOST IMPORTANT structural price theories with all of you... The Fibonacci Price Theory. The primary rule of the Fibonacci Price Theory is: Price is ALWAYS seeking NEW HIGHS or NEW LOWS. Price is never NOT attempting to reach NEW HIGHS...
Even though I got cut off after about 25 minutes, I'm sharing this with all of you to teach you how to use one fo the most important PRICE STRUCTURE features for any chart Fibonacci Price Theory. The consensus of all TA is that PRICE tells us everything. Fibonacci Price Theory is the REAL DEAL. Use it on a 1 minute, 5 minute, 60 minute, or Daily - ANY...
I love trading these patterns. They are my favorites when I trade. Sometime it's difficult to spot because they need to complete the formation. Diagonals aka wedges, usually people are confused with continuation triangle and get squeezed. Has 2 types: leading and ending. Leading has 2 entry points. If it breaks the first entry, wait for second one to enter an...
In this video I go over how I trade with my custom mean-reversion histogram and overlay indicator, explaining the logic behind my entires and profit-taking levels. This example is taken from $SPY on the 1-minute chart, and I examine all four of the alerts that the indicator gave today. Comment below with any questions!
spx could have bull or bear technical numbers on my chart depending on the path these indicators take. if they go up with the price thats bullish, and if they move lower with the price thats bearish. im bearish on touches of the upper levels marked out as the index rises or breaks of lower levels while it sinks, and im bullish on support from lower levels or...
Island Reversal are powerful reversal signals so as a swing trader I'm always searching these out and/or watching them form. The most powerful Island Reversals generally occur around some sort of news event (or sometimes prior to a news event if Wall Street is in the "know") and typically leads to fairly violent initial move to the upside or downside. What is...
A special today... I just saw this and thought it was a good opportunity to show how I use Fibonacci and geometric symmetry to help do some projections. Here are the steps for the SPY hourly charts currently... 1. Draw a Fibo retracement from the last high (22/7) to the last low (22/7) 2. Note that the rebound (currently) only got to the 0.5 (50%) Fibo...
This video is about describing the principals of a strategy I am currently running which shows amazing stats! Disclaimer: This is not a financial advice and remember, past performance are not a guarantee of future performances. Thanks,
During the week the 380 level had proven to be fairly resilient however with our early warning triggers indicating a potential move to the upside and support holding we could see that a larger move was on the cards. We received our initial "start building" trigger around 10:30am on 1 July and despite the choppy price action, taking early steps to build a trade to...
Here is a live example of how to draw your support & resistance lines for day trades
This is a little, pseudo-study I did on SPY (SPX) analysing bearish chart patterns and whether or not there was a statistically significant relationship between bearish chart patterns and sell-offs and if so, to what degree? Most of the literature says that chart patterns and technical analysis are not useful and that chart patterns are the circumstances of...
All over financial news we're being told that the yield curve is inverting, spreads are flattening, the recession clock is ticking, there's impending doom around every corner. CNBC, Bloomberg, Yahoo Finance, The Wall Street Journal, Forbes, The Economist, you pick your favorite news source and they're talking about 2's and 10's, 10's and 30's, it's...
There are a number of reversal patterns that playout time and time again. The most reliable of the reversal patterns is the "Head & Shoulders" top and bottom. Some technicians don't like to use the term head & shoulders as it's used quite a bit and not all reversal patterns are confirmed and end end up being consolidation patterns instead. Whatever you like to...
Hello all! Just posting this for education purposes, maybe for myself as well. Post comments about your disagreements or thoughts. Looks like a full impulse wave, happened on 3-11, I have not plugged this into the overall Elliott Wave trend so I can not point you in one way or the other. I was working on this for a friend and thought I would post here too.
lets review Risk On Risk Off Helpful simple process Spy VS Btc VS Dollar Dxy also Remember trading is risky . Hi traders over the past 28 years trading this correlation has been simple and helpful as an added barometer of assets movements that you can add and watch in your tradingview charts with no extra indicators. Over time the dollar has always been...
Here I put up a series of deflactors on the Nasdaq 100 Total Return... I like to use Total Return Indexes becuase they acurately reflect the actual growth of the invested money, rather than simple price indexes... I picked the Nasdaq because as you may have noticed from previous posts the Nasdaq is the absolute winner in terms of performance in the last 15...
They do not scream "SELL" just yet, but these indicators offer strong caution of further market correction. Please take some time to study the charts so you understand the story they tell. I am not an economist; I am a trader who has been learning more about bonds and macro indicators. (I have ignored the pandemic drop because it was extraneous to normal...