Timing is key

Timing the Aussie on the 240 Minute!

FX:AUDUSD   Australian Dollar/U.S. Dollar
425 24 6
Hello all,

This chart looks a little strange however it is a technique I use to isolate timing zone's where I can zero into a possible trade.

The RED diagonal is a multi-pivot line being used to narrow down a time zone where there is a high probability of either a trend reversal or a breakout in the middle of an established move either long or short. I run horizontal vectors from a few medium term lows, the crossing of which, gives me a time zone. As the candle comes and meets these zones I will update this chart with some pitchforks to see if I can isolate a trade location either bullish or bearish . If I am unable to find confluence I will move onto the next time zone, then rinse and repeat.

Let's see how this technique unfolds

Sincerely

TIK
Welcome back Timing! As you come, you bring us something new and interesting! Why do you chose these zone to draw pitchforks?
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Hello URIFX
Think of these zones pure timing areas, the lines on this chart show how I constructed them. The forks come later as at this early stage we don't know what will happen in these areas. In the last 30mins to 60min of the last candle before these zones I will draw some pitchforks to see if I the market is already or close to leaning on one of the pitchfork lines. If so great, we will have confluence. If no, then I will do nothing and move on to the next time line. This is a good way not to be glued to the screen for too long:) hope that explains the idea. Take care
TIK

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URIFX Timing is key
Thanks for your explanation. It's great idea. Wait and see how flitch forks play with theses zones.
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Watching.
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Timing is key IvanLabrie
I'll be out of town at these times however I will bring my laptop to see if I can update this chart at the times indicated.....
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I have located my modified "TIK" pitchfork at my first timing point which is currently rubbing up on the lower parallel AND also a much larger Median Line. I have just managed to put on a position with a tight stop. Let's see how this unfolds
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IvanLabrie PRO Timing is key
I think aud might get a boost with gold as a risk off rally on Monday.
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The following update shows my observations so far

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Timing is key Timing is key
As predicted, a retest of the ML before a continuation towards the lower parallel, Will evaluate my next timing line soon for another trade opportunity.

TIK

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Timing is key Timing is key
Further update: The market fell into my second timing zone beautifully, even though it was short of the yellow lower parallel it was reacting perfectly with the warning line of the blue parallel by touching it not only once but twice!.......Because of the trade location and the position of the market, probabilities where not on my side, however for those who like to trade counter trend with low risk the timing line/warning line confluence created a possible trade with say a five pip stop with an easy 40-60 PIP Take profit. Or an 8R:R. Let me know what you think of this idea

Sincerely,

TIK

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IvanLabrie PRO Timing is key
Excellent!
Right in time for the FOMC minutes.
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Timing is key IvanLabrie
It still amazes me how early you can predict turns that co - inside with News:) Tks Ivan
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IvanLabrie PRO Timing is key
What do you see in GBPUSD? I think it might be a large scale reversal.
Stop is 90 pips for me. Target is over 700.
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Timing is key IvanLabrie
I had a quick look at the 240 minute on Cable, I have 2 possible large ML's that are likely to be hit. the closer one is at 153200. But the larger one has bit to go and seems to be respecting the 50% & 25% divisions. It may retrace temporarily before getting there however this thing is falling like a knife:) Good R if you can catch it....best of luck
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Hey guy's, Today I will update this idea as my final timing line came in on Queue. The update below is really cool as I have included a few tools that can help anyone to get on a trend once it has started and to have up to 2 predetermined exits that will take full advantage of the move. I also show from where I triangulated my timing points and how I used a standard Andrews Pitchfork to tell me ( in advance ) of the impending weakness, I also go on to describe Warning Lines and how I used them to tell me where the market was headed. Hope you can take away a few ideas that can help you in your trading
Sincerely
TIK
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IvanLabrie PRO Timing is key
I was actually about to short AUDUSD today!
(already short audnzd, filled today)
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Timing is key IvanLabrie
The mini fork and second warning line bounce are giving me an early warning that the bulls might be coming in the short term, also previous to the bullish break the bears could only retrace 1/2 of the bullish candle at pivot 3 after 12 hours of selling! ..still consolidating.. will need to break above the retracement highs to be sure, worth a low risk crack. The multi Pivot line would be a good target.
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IvanLabrie PRO Timing is key
I'd rather fade the rally once it's overbought.
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IvanLabrie PRO IvanLabrie
(the red line in my chart would be a nice short entry).
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IvanLabrie PRO IvanLabrie
Not too thrilled about this level, but the background is of a weekly downtrend, and a 4h corrective uptrend has ran out of time now.

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