was intested in how we finally got above dec fake tick on daily spy
The great thing in Bitcoin is that everything moves very naturally without much or any chart manipulation from cutting edge Wall Street strategies. So you can see how a classic chart pattern naturally forms. Especially after the market hit 100% of the selling climax in the currently analyzed time-frame. I was watching this uptrend wave unfold since "Spring" (I...
EURUSD creating big triangle in wave (4). In this chart I connected cycle analyse and Elliott wave count. In my main scenario is that the pair will making wave (d), which must be complete nearly on the 12th of May (+/- few days). If look on middle of the cycle , that the pair have: a. time interval to get a new low level RSI b. completed wave count in wave...
Above chart screwed up by update, fixed version: ______________________________ A way to predict not just time and price of the next bottom but also the target of the bounce to follow, you've asked for? Well there you have it! I have been trading this phenomenon for a few months on smaller timeframes already and it turned out my orders in January weren't that...
The last 3 market cycles have something in common - they all seem to last for about 7 years with a rising trend for the first 5 years and a consecutive decline for the next 2. Irrational exuberance or?... Some arguments for reflection follow: 1) rising USD would/should hurt U.S. equity earnings in near term. If innovation does not negate the effect of rising...
Just wait till half of the month, then buy SPX500. Every month, without an exception SPX500 decreases for half of the month, then reaches new high by the end of month. So, I would suggest to wait till 15th of March. Wish you a lot of profits
Volume and OBV are both not supporting the bullishness of this wave (III) We are likely to continue forming the wedge (in 5 waves ideally) on lower volume and break down right after. Sell here and buy at the level of green support trend line. For further analysis check out my other published charts that I linked bellow. Cheers : ]
Is silver’s seasonality about to monkey hammer prices lower? As market complacency is regained through a positive non-farm payroll headline, precious metals have been retreating on a stronger dollar and the assumption that the Greece v. European Union tension will end up honky-dory. However, are silver prices about to get pounded lower? Looking at a chart of...
XOM shows a fairly good example of a 7 Day Cycle - of which one could calibrate their options trades in respect to the overall move in 7 days. Take the IV Rank of the month option chain and multiply by 0.408 to get the "true" IV for that time frame. (Tastytrade provided the Volatility to Scaling formula: 7.5 days - IV*0.408) The FEB (22) Option Month shows a...
Hey everyone, I'm happy to be back :) had lots of fun trading this crazy market lately, I hope you did as well! Same old strategy, here's my current setup.
Final dip occurs this week before $spx heads to 2129-2153 $spx for 2014 annual close
Looking at the tops of 2000, and 2007, it is interesting to see where we are 06. Nov 2014 in price and time related to these two former tops. Calculating the time from the Sept. 2000 to the October 2007 top, and then extend the 85 bars from 2007 to November 2014. Markets can be due for longer correction. Adding the pitchfork shows the index streched on price....
Hello guys, After the recent break of crude oil out of a really lengthy consolidation phase (Triangle), as anticipated we're seeing lower lows ever since. This trending environment makes every Elliott Wave trader happier than any other time. In the previous 14 days we've been sitting in the retracement of the recent down-move. We're heading towards a sweet...
Above i have drawn out my thoughts on time symmetry and bearish cycles in the Crude Oil market. Though in a long term bullish structure on the weekly and monthly, at the tops of these weekly bullish cycles, we see extended bearish cycles, or an "Unwinding" of long positions. We are currently in the process of another of these unwinding cycles. The Willy21MA13...
I thought i would chart out this study and show how previous highs and lows in the crude oil market can act as liquidity pockets for reactions and possible reversals. Highlighted in blue are previous levels where you could expect traders to place their stops. From these stops we have seen numerous reactions in the past. Crude oil has shown on the weekly and...
The Fibb retrace shows support at 88,47, and the cycle line shows the pattern the bulls may be getting ready to rally. All that and a hammer yesterday, SNYT may be ready to move up.
I was encouraged to look at shorter time frames - including the 4-hour - to see trends in the Bitcoin. It is a good practice and I generally do look at time frames down to about the 30-minute. As you can see by looking at the 4-hour Keltner Channels the top of the channels is around $506.45, so you may not want to get too excited by the recent price movement...