Try Trident Algo Swing indicator
i use it on 30 min chart
one chart VIX, SPX on other.
nothing realy to config on indicator settings, u can disable some funtion if its to messy.
Here u can see todays action on VIX.
here i used orb tactics to project short entry on $SPX
1 & 2 - draw lines @ high and low of the upcoming resistance area.
3. use fib retrace tool to mark 50% retrace of previous area u marked.
project it to future and watch the market stuck into it ... :)
from there market drop to 38% retrace of last up move ...
in this post would like to share a trade setup i use for a while.
first - supertrand indicator
second - 20-50-200 sma indicator
for supertrand - click on indicators and search for supertrend - choose the 3rd 1 from the list u see.
change settings to - atr period - 5
source - hlcc4 - and atr multiplier - 1
now u have a system which will print out buy...
Will Putin Knoked out Bulls ?
IF (and thats a BIG 1) C Point @ 4100 will hold, then we could be watching a cypher advanced formation, which, if so, we will look to SHORT @ D point - around 4680
Until then, Let's not fight guys
PEACE and LOVE
SPX been moving strong and it's time
to take some profits
also a gartley pattern forming
look for short signs
a bullish retrace will be 38.2% so we look |@ about 4470 as first target
another harmonic pattern which
will give us a better chance of SHORTING opertunity @ D point.
If this 1 playes out then look for sell signal around D point - 16195.
C point should hold to validate idea
Ever woundered - "can i beat the market ?" or "what is my Edge ?"
try the 70 Ema !!
i will use daily chart
and look for clear trend direction
apply indicator called Moving Avarage Exponential and set it to 70
-- UPTREND --
on an uptrend look if the line support the price.
you will want to go long when price reach the blue line.
on the other hand,...