I continue to cobble together a trading system that will help me let my winners run while finding potential reversal points as I have gotten fairly good at buying the dip or finding longer term reversals but I leave to much on the table or I get out too soon. So lets break this down:
The VSTOP system is pretty simple. The regular setting helps track areas of...
My use of VSTOP and the Multiple Time frame VSTOP has become part of my "autocharting" procedures to identify a price action that triggers a VSTOP to flip and then price action will trigger the VSTOP to flip and then price action to impulse to the MTF VSTOP. We see the black circle and arrow a time where the VSTOP flipped to bullish and shorly thereafter the...
The bump and run formation is something that is usually looked for with a lead in of six to eight weeks and not six to eight years, but as I charted silver futures against the NASDAQ I saw what was there. This post is long silver against everything, especially the NASDAQ
The Bump and Run Top is one of the preeminent charts for understanding blow off tops and the...
I have been looking at the 2020 open as a key level for a while now and in contemplation it appears that it has provided the resistance for the shoulders of a head and shoulders. Full performance would get us to this rising wedge I have also been looking at. A wider shot sees price action at the orange wedge resistance for the third time for a wedge drawn as...
SPX first due to its longer history. The year chart is absolutely dreadful as twice before the price action has tested the support generated by the sequential to devastating affect to the market. This potential ways off at this point. What isn't is is our chance for a waterfall drop on the daily chart.
The NASDAQ doesn't have the same history as the S&P 500 but...
Previously I looked at a potential "bullish" MACD cross on the Covid death numbers. Its been about five days since that cross has been established and I have added the Rate of Change to the death rates with an estimated path if the ROC continues as if it were a deep saucer formation. The deaths are going chart is going to be on the standard (non-log) scale for...
Very quick post here. The bollinger band on default settings is suppose to contain some 95% of price action and being at the top can signal limited upside. The TD sequential often ends a trend at 9 or 13 so this is kinda a risky place to be be. The red arrows show where you could have made a decent entry in a day or swing trade, at least, and the blue show where...
The Nine Season Rainbow, by some sort of black box logic unbeknownst to me, is starting to show stress similar to when the dump happened in February. The Purple box shows the signal was in on the lower time frames and the EMAs quickly crossed bearishly. From there the spill was intense and the 48 period EMA was very controlling n the way down, locking in the...
I have been charting the bearish case for silver for about six months and this chart has popped up in one form or another several times. It is still obvious that price action is being compressed between the 200W and 400W SMAs. When price action slipped the 200W last there was basically a flash crash to 1500W. What did this legendary rally get us on the daily...
Introduction
BTCUSD is being tracked on the BLX chart as it has the longest history and likewise Gold is on the Futures ticker likewise for the history and both are on the weekly time frame. Due to the speed of crypto the cart covers less time overall. The main chart is BLX and the chart below is gold centered on 2008 to 2016.
Key Concepts
Fundamental...
The left chart has our current set of circumstances on the 12H settings and the right has the previous bear flag on the 4H settings. As this move matures we will have to look at higher and higher time frames to determine which one is controlling.
The rising red arrow shows on both MACD histograms shows classic bearish divergence between the indicator and price...
"Too Terrible to Contemplate" would be the byline of this post if I wasn't struck by the fascination of contemplating if this was a Second Great Depression where would by target be? Either for my short position or when would I finally go long again?
Data on the SPX was pretty sparce in the olden days as there was a lot of math and charting to be done by hand. ...
