C-FORK
ZCL ANON FORK SCENARIOSThis what can happen with incoming ANON Fork on 10 September.
Be Safe and like always... keep an eye on BTC movements.
Happy Tr4Ding !
BTCUSD - Where to buy?This is an Action/Reaction Model, paired with two Forks. What do they show you?
- Extremes of swings
- Center of swings
If you apply the 7 rules of this analysis framework, you know when it's time to buy or sell. No, it's not 100% exact every time. But how about over 80%?
Gather knowledge and get my signals while you learn to earn. Go to my website and register for free.
P!
zclassic upcoming fork trend should continue after fork snapshot as wider exchange support for zcl and anon comes in the next few weeks, have fun, general market sentiment turning.
EURGBP - Do it again SamOK, here's the same idea with more information (more bars) then this previous one (see the previous chart below):
Now we even now that "they" have built a so called "feeding zone" (orange), where the whales in the pond eat all they can, just to pull the strings later.
But first the whales wash out the stops below. And as we see, they even are fishing below the Centerline, just to go long again and leave the ordinary trader behind them.
I expect the same jump above the zone as they did to the downside, but then a pullback to scare the hell out of the breakout traders. This is the exact zone where I load up the boat even more and go long, riding as a Guppy on the back of the whale.
May Neptun with his Fork be with you §8-)
P!
If you like to learn more about the Pitchforks and how they produce great trades, then here's how you can get your free beginners course:
1. Klick the link at the bottom of this post (on TradinvView.com) to get to our website.
2. Register for the FREE MEMBERSHIP
3. Login and start the course
Happy learning & earning.
ZCL %1000 Posibility. Bullish Rise Already StartedThe chart says everything,
Hold for 20 days.
it is not a trading advice.
EURGBP - Waiting for confirmation, pullback and long.I first want to see price staying above the down-sloping Centerline.
Then I wait for the pullback and go with the up-sloping Pitchfork, for the main target at Centerline.
Taking partial profit at the Resistance (Sine-Wave Center) or trail profit-stop up to there is also not a bad plan.
For stops, I would place it below the last P-Low.
P!
BTCUSD - Bitcoin approaching the first CenterlineWe see two opposing forces.
The orange A/R lines and the white Fork.
The orange dashed Centerline will be first resistance.
But the good news is, that if price can manage to jump above the orange Centerline, then the next target is the white Centerline.
And once above the white Centerline, stage #3 is the orange U-MLH (Upper-Medianline-Parallel).
This is a natural way how Bitcoin comes to live again, producing swinging volatility which we can trade with simple rules.
Happy harvesting §8-)
P!
If you like to learn more about the Pitchforks and how they produce great trades, then here's how you can get your free beginners course:
1. Klick the link at the bottom of this post (on TradinvView.com) to get to our website.
2. Register for the FREE MEMBERSHIP
3. Login and start the course
Happy learning & earning.
This Bitcoin Diamond thing is a mystery to meEver heard of Bitcoin Diamond? No. Join the club. Still, once in a while this coin shoots up like there's no tomorrow. No news, no announcements, no pump (I guess). What's the deal with this project? Is it simply that promising? Is the tech amazing? Or the team? Anyway, I see two major trends competing, and considering the current market situation, I will have a close look on this one tomorrow morning. I feel like it's gonna rocket again. And if so, I still won't be able to understand why. We'll know tomorrow.
Google back to balanceAfter price left the first HAGOPIAN, it reached the Centerline (CL.). After this first CL. touch, the reverse lasted not long, only to leave another HGPN to the downside.
Now price approaches the Centerline again and we can now observe a potential reversal, or if it blows through, a trade to the upside.
The blue dashed A/R's give us an idea, how price is currently swinging on a pivot level.
Let's see if we can catch a reversal.
P!
If you like to learn more about the Pitchforks and how they produce great trades, then here's how you can get your free course:
1. Klick the link at the bottom to get to our website.
2. Register for the FREE MEMBERSHIP
3. Login and start the course
Happy learning
Pitchfork Trading - Video 2Video Nr. 2
I continue the analysis from Video Nr. 1 and show you, why the market is so extremely stretched, and why you need to be super cautious these days.
If you like to learn more about the Pitchforks and how they produce great trades, then here's how you can get your free course:
1. Klick the link at the bottom to get to our website.
2. Register for the FREE MEMBERSHIP
3. Login and start the course
Thanks for watching and if you like it, give a thumb up :)
P!
The ForPtions Trade In Crude OilDo you know what a ForPtions Trade is?
It's a combination of two high probability methods - Pitchforks & Options.
All we needed was our simple rules, a Options strategy and we where good to go.
Nothing special, at least in the world of a ForkTrader. BUT a trader who is using standard technical analysis had little or no chance to see what developed on the chart in front of our one eyes.
So this was another trade in our members area that payed over 80% of the yearly, and 2.50 times of the quarterly membership. A nice and quick $505 p.c. in two days.
If you're interested in this strategy and want to know the benefits of this "Behind The Curtain" trade, then go to my website and read the newest article in the official ForkTrading Blog.
And yes, the next trades are already simmering on the fire...
May The Fork Be With You!
P!
EURGBP 60 Minute ContextSometimes we have just too much bars on the chart. But even then, it's possible to get what's going on if you give yourself some context.
Most important are the real swings.
Pitchforks of course project the most probable path of price, show extremes and even the balance at the centerline.
So what's up here?
Well, price is at the Centerline of the white Fork, after it overshoot the upper extreme the second time.
From here, building a position could make sense if you want to play on the long side.
P!
YM - DJI climbing up to the confluenceYM1! is on the hunt for shorts, as the other Indexes too. I'm curious if price makes it up to the confluence point.
The sine-wave's center is broken, now back to new highs? I have posted a couple times about this pattern. It looks like it plays out perfectly again but...this would indicate new highs...
Observation mode on...
P!
NQ - Nasdaq InsightsWOW - In this market I see a ton of information we can use to our advantage.
1. The (green) mesured move
2. HAGOPIAN (yellow & white Fork)
3. Confluence on white & yellow Centerline
This tells a great story...
Want to know more how we profit on this information?
Just choose a subscription on my site as many others did in the last day since the opening of the Members Area which includes Trade Ideas.
P!
USOIL Lower TF Trend Fading Short SetupUSOIL bears are entering around 0.618 retracement level and potentially could take this down to 0.382. That would be 2x1 Gann line and demand is expected to step in around this level. In order to secure some ticks to reverse long at 0.382 (around 6700-6750), a .5R short setup from here seems reasonable. Buy stops are around 1R levels.
BTCUSD At CrossroadsBTCUSD has been going through an extended pullback pattern. The minor trend remains down and the time for breakout or pullback failure is drawing near. The supply line currently sits around the level $6700, failure to breakout around this area will potentially mean that BTCUSD is going much lower to find demand. The spring daily candle around previous lows is an encouraging factor for bulls, but breaking the trend line would serve as additional signal for further bullishness of BTCUSD. As of now, monitoring price action around these levels is reasonable.
2618 Sell Pattern USOILUSOIL is seemingly done painting a pullback pattern. It reached 0.618 retracement level of previous bear leg, as well the 0.236 fib extension is pointing to the same level. If this market continues with the recent downtrend, these two levels should attract supply and a break to previous lows can potentially occur. The inside fork's MLH on bear impulse move pivots ABC is also anticipated to attract supply around these levels. This is a pullback trend continuation play with a decent R:R but lower probability. Worth the risk as per me.