Timing is key

Timing the Aussie on the 240 Minute!

FX:AUDUSD   Australian Dollar/U.S. Dollar
426 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
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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Timing is key IvanLabrie
Yes Ivan, staying with trend is super important, that's why when my timing hits the top of a retracement/counter trend high ( or low ), It will usually coincide with a level or line, then I'm all over it as all of the above = low risk, and that's what I like, counter trend trades, over time, fail more often statistically, and the moves are compressed so if you take them you have to be conservative. As I said earlier, This move will need to take out all these high's and there are 2 big obstacles in the way see chart
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IvanLabrie PRO Timing is key
Look how that level matches this:

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Placing my stop above it and selling now.
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Timing is key IvanLabrie
It's also a round number and the number 75! ( Really significant if your a Gann Trader ie 270 Degrees or 3/4 of a 360 Degree Circle ) Will also be a Double Top Trade with 74955. Let's see if it reacts to the level
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IvanLabrie PRO Timing is key
I think it will, probably once Sidney opens, but hard to say.
The chart calls for the move during NY tomorrow, but doesn't fit any big news related to the Aussie.
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