Introducing Don's "T R A D E - M A P" Approach: Part 2 Of 5, MO
Here are the letters and what "TRADE-MAP" means to me (first the letters in TRADE):
1. T : Time and space (Fractals); 2. R : Repeating Cycles; 3. A : Advancing Trend; 4. D : Declining Trend; 5. E : Energy in Phase Forces.
Now the letters in MAP:
6. M : Momentum and Velocity; 7. A : Analysis of Structure; 8. P : Price Performance. There you have it: Don's personal "TRADE-MAP".
When I mention "Don's Top Ten Technicals", I use the elements of the "TRADE-MAP" approach: 1. The Ichimoku Cloud is rising. 2. Prices are trading above the cloud. 3. Prices are trading above the thick red Ichimoku Cloud Conversion line. 4. The thick red conversion line is also rising. 5. The thick black line is the Ki jun-Sen baseline of the Ichimoku Cloud , which is rising and above the cloud. 6. The indicator on the top of the page is RSI / Stochastic , and this is strong. 7. The top middle indicator is vortex and it is extremely strong (green over red). 8. The Top (bar-type) indicator measures the "phase energy" of the stock, and this is strong. 9. The green fractal arrows are up. 10. Look to the far right on the chart, around $63.00. You will note a yellowish line on top (lips), with black dots below (teeth), and a blue line (jaw) below the black dots. Now, all three are rising, correct? This is where I ask you to use your imagination and envision these three items as the "widely separated jaws of a feeding alligator". This is a very positive indication because the alligator is FEEDING in the uptrend. Altria Group is RISING, and I believe it will continue to do so until the confluence of technicals tells me differently. The Fibonacci time cycles (long blue vertical lines) indicated a breakout on 10-01-15, top of first breakout run 10-25-15, end of sell down 11-18-15, continued consolidation phase 12-14-15, second breakout wave 02-03-15, and, the next time cycle is 04-18-15. The Fibonacci time cycle is giving me a clue that this is an important date. Please move to Part 3 of this series, the 4 hour chart for MO. I hope my "TRADE-MAP" approach has been entertaining and informative. Yours for better trading, Don.
1. T : Time and space (Fractals); 2. R : Repeating Cycles; 3. A : Advancing Trend; 4. D : Declining Trend; 5. E : Energy in Phase Forces.
Now the letters in MAP:
6. M : Momentum and Velocity; 7. A : Analysis of Structure; 8. P : Price Performance. There you have it: Don's personal "TRADE-MAP".
When I mention "Don's Top Ten Technicals", I use the elements of the "TRADE-MAP" approach: 1. The Ichimoku Cloud is rising. 2. Prices are trading above the cloud. 3. Prices are trading above the thick red Ichimoku Cloud Conversion line. 4. The thick red conversion line is also rising. 5. The thick black line is the Ki jun-Sen baseline of the Ichimoku Cloud , which is rising and above the cloud. 6. The indicator on the top of the page is RSI / Stochastic , and this is strong. 7. The top middle indicator is vortex and it is extremely strong (green over red). 8. The Top (bar-type) indicator measures the "phase energy" of the stock, and this is strong. 9. The green fractal arrows are up. 10. Look to the far right on the chart, around $63.00. You will note a yellowish line on top (lips), with black dots below (teeth), and a blue line (jaw) below the black dots. Now, all three are rising, correct? This is where I ask you to use your imagination and envision these three items as the "widely separated jaws of a feeding alligator". This is a very positive indication because the alligator is FEEDING in the uptrend. Altria Group is RISING, and I believe it will continue to do so until the confluence of technicals tells me differently. The Fibonacci time cycles (long blue vertical lines) indicated a breakout on 10-01-15, top of first breakout run 10-25-15, end of sell down 11-18-15, continued consolidation phase 12-14-15, second breakout wave 02-03-15, and, the next time cycle is 04-18-15. The Fibonacci time cycle is giving me a clue that this is an important date. Please move to Part 3 of this series, the 4 hour chart for MO. I hope my "TRADE-MAP" approach has been entertaining and informative. Yours for better trading, Don.