Hi Everybody,
The S&P Index (ES) is now at it's Daily Decision Point (DP) level. So will a high unfold at this level, or will we just see a small stall before a continuation to new Highs ?
Either way, the ES is now at a possible junction when it is worth keeping a closer than normal eye on this market.
Thanks
Please note: this is not a trade recommendation,...
Hi Everybody,
The Weekly SPY is exactly a Year on from last years high, please see the Chart. We are also at the MTPredictor maximum DP resistance zone, so I wonder whether this gives the market a reason for making a reversal from this level?
For me, the yearly anniversary (Week of Feb 18, last year), to last week (week of Feb 16), is a significant point in...
In this help tutorial, we take a look at the MTPTrend colour and show how you should not simply consider all MTPredictor trade setups that fall with the MTP Trend colour, which is Blue for up, Red for down and Grey for in the process of making a reversal. MTPredictor is not a 100% mechanical "Black-Box" system that is designed to be traded all of the time. This is...
Hi Everybody,
The Nasdaq (on the Daily time frame) is still at DP resistance, so the big question is whether this resistance level will hold and the Nasdaq decline from here ?
Initial signs of weakness came with yesterday's big down day, so we will be watching the next few days closely to see if this initial sign of weakness continues into the next few days....
Saturday March 10th through Friday 16th
I see BitCoin fighting between the areas of
9720 and 8365
up and down between a 12% range
mixed emotions on both sides.
all feeling the highs , lows , and uncertainty of the future.
once it breaks above 9720 and holds, then it should confirm the uptrend and i would expect a minimum of 10-13%
prediction is
Friday...
Wednesday, Jan. 20th we saw the ES complete a wave 3 down into MTPredictor daily Decision Point support. Our MTPredictor volume indicator (VSA) closed red which indicated that professionals may be buying this level. This was confirmed at the close when we finished the day with blue buyers candle. When Wednesday’s high was taken out on Thursday, the rally into...
This is my 8th public idea with setup below:
Short: 4240
Protecting Stop: 4371
Target: 3929
Risk/Reward Ratio: 2.4
MTPredictor gave automatic trade setup TS2 (2015-09-09) to take short position in Nasdaq. In this kind of situations where we have completed ABC pattern (up), markets have tendency to correct in opposition direction (down).
GER30 long with risk/reward ratio 3,4
This is possible 'holy grail' long setup. GER30 has finished ABC pattern and markets have tendency to correct last pivot high, that's given in chart in advance (Decision point RR 3,4)
MSFT analysis in 1 hour chart.
MSFT completed minimum wave C of the ABC pattern and also nailed top of the day into the leading indicator called Decision Point. After MSFT opened the day into resistance, it start to create swing down. In this analysis i have created two support levels where i am waiting MSFT to nail lows.
I have high confidence that MSFT will...
MTPredictor software did recognize ABC pattern or also known as 'holy grail' setup. MTPredictor did not give any automatic trade setup to buy, but it is known that after ABC pattern markets have tendency to correct up to last pivot's decision point (at least).
In this trading idea Long, Stop and Target are set manually.
MTPredictor finished 5 way sequence down into important low. I am waiting rally up to decision point of wave 4 high because markets have tendency to correct up wave 4 decision point after end of 5 wave sequence. I am waiting resistance somewhere in 1,1263 level.
MTPredictor software have found major and intermediate Elliott Wave petterns in GER30. I have applied manually Risk/Reward targets. My current target is Elliott Wave major down wave 5 @ 9314 with Risk Reward ratio 21.
I am risking 1 unit to get 21 units rewards.
