If you trade options like me, then you will take a very close look at the VIX. So here we are, at the Lower Medianline Paralle of the black downsloping Fork. What does this mean? It means, that the VIX has pulled back to equlibrium - to a energy zone of equal, where all is possible again. Most of the time we can see price turns at the L-MLH in the opposite...
GLD banged it's head at the centerline (blue), which is basically the center of the A/R set. Next support is the downsloping centerline of the bigger A/R set. P!
It's really astonishing how the ancient rules of Action/Reaction work out. Newton was a REAL genius. Next stop - Centerline. P! mytradingcoach.teachable.com
On a monthly basis, this looks also very obvious. What's the job?...Observe... P! mytradingcoach.teachable.com
Your eyes looking at a real Action/Reaction Chart. If you can master this, then you are on a very good way with you trading. There is much, much more to come...stay tuned and start with the free and very basic A/R & Fork Course today: mytradingcoach.teachable.com P! ...today is a good day to start over, enjoy live and be thankful for what we have.
I missed the BZ entry. Now price is attacking the A/R again, where i previous fell back from above. But price hold in the middle of the air, now try to break the A/R resistance. P! A/R Class For Free: mytradingcoach.teachable.com
Price has attacked the U-MLH (Upper Extreme) a couple times now. And it was in the SZ (SellerZone), where it got rejected. A bounce to the centerline is very possible. P! Free Forks: mytradingcoach.teachable.com
...down again? hmmm.... As we can see the lower centerline was allready reached. If price can work it's way above the upsloping centerline, then we are going much high, potentially above the GAP. But if price will be rejected at the centerline, then a new low or a second touch of the downsloping centerline is highly possible. P! Learn this stuff for free at:...
What do i see in this chart? - solid uptrend - reacting big Centerline - prior support at the red Centerline too - support zone - price at the L-MLH of the black fork I go with the trend, so my trade would be long. P! Have you allready took your free seat at: mytradingcoach.teachable.com ?
Here we go - Trade is over and now let's see if this bounce on the Centerline will produce the raction up to the U-MLH. P! Your 100% free A/R & Fork course seat is waiting for you ;-) : mytradingcoach.teachable.com
Here is the second hidden hint i was able to reveale from the same chart, that gave me the heads up for a high probability short. P! Basic Action/Reaction for free: mytradingcoach.teachable.com
How is this possible? How can one find those spots (red dot), to initiate a trade with a high probability of over 80%? Yes - if you short the upper Medianline Parallel, then you have a chance of >80% that price reaches the Centerline (grey). The "secret" lies in KNOWLEDGE. If you know WHY you choose the spot where you draw your lines, then you know the reason...
Looks like this pair could not get over the L-MLH. So, next stop would be the Warning Line 1 (WL1). P! mybe you like this FREE course: mytradingcoach.teachable.com
Be careful with this chart. It's just a projection that lines up very nice with some of the tools i use in my Analysis. Alltough i don't use hte Fibs, i was just courious how it could fit the highs & lows and well, i'm surpriesed so far. Pay close attention to the A/R Set and the projection (grey bars). It looks very promising. But keep in mind that this is...
Courious if it repeats.... P! Go4Knowledge: mytradingcoach.teachable.com
Such pressing we can observe in the ES will lead most often to a brak in the opposite direction. That what my stats are telling me. Allways keep in mind that stats are...only stats... P! 4You: mytradingcoach.teachable.com
U-MLH got broken and price even made it above the big-boy Centerline. On the mini-Fork, price reached the Centerline the second time and now I expect a Pullback to the black and / or even down to the U-MLH. Anyhow, the potential is present that price could sky rocket up to the U-MLH or further to the TrendBarrier. P! Fork rules? Here they are:...
So, here is how I play a H&S, with the tools of Action/Reaction & Forks, to be in very early of a H&S trade. This leads to much more profit and for many, to smaller stops too. 1. Down to the base then 2. down to the original target of the H&S P! Free A/R & Fork Course: mytradingcoach.teachable.com