pkealoha76

pkealoha76 26 views ・

This one looks like priority for me next week. Don’t know where to start. I like the Fib confluence. The return to the Vegas Wave. The market acceptance of the POC Of the market profile. Looking for this pair to finish its breather and then it’s descent down.

pkealoha76 31 views ・

I don’t love this but I’m seeing a low risk entry on a minor retracement back to areas of previous resistance and support or market acceptance at the POC of the volume profile. The MACD and RSI looks poised to head upward? If it does retrace back the way presented I’m definitely looking for the corresponding short trade. I may test this one out however, with a...

pkealoha76 46 views ・

What a very technical impulse wave there! It just about followed every rule in the book! Well my friends, it was nice while it lasted... Correction time. I’m looking for a retracement to complete a wave B up to the HVN area of the volume profile which coincides nicely with the .236 Fib. Then looking to hopefully catch a sell trade down to the .50-.618 Fib Level...

pkealoha76 52 views ・

Looks like a wave 5 here. Got all the symptoms. 1.618 min extension of the wave 1, divergence on the RSI, “snake” formation on the stochastic. There is nice subdivision on the lower frame. I’m not looking to trade this as wave 5’s are tricky to trade. If it does follow through I’m looking for the following correction to trade.

pkealoha76 33 views ・

Debating going short on a counter trend to the 50-62% level where things could get interesting. I’m not seeing any further downside afterwards looking at the 4H and the daily charts. The better trade would be the possible retracement to the bullish side after the 50-62% level. Tried to get impulse counts out of these but I don’t force counts. I keep to my rules...

pkealoha76 30 views ・

This looks like an excellent trade opportunity to trade with about a 20-30 PIP risk! It’s at the “golden zone” currently. I’ll be putting my trade in tomorrow. Win or lose the upside is tremendous. Almost doesn’t get any better than this? I love seeing “50 backs”, and “equal legs” trades, but when they happen simultaneously OMG! We’ll see where it goes?

pkealoha76 21 views ・

I don’t like this count but impulse waves don’t channel. Looks like a leading diagonal may be developing but I don’t know anyone who trades those. Im looking for a bullish trend change nevertheless. If it hits the 61.8 level or the 100% equal leg extension where the Fib levels are clustering I’m in baby! Nothing to much to see here yet but a nice triple...

pkealoha76 24 views ・

Here’s a really nice impulse wave sequence with beautiful subdivision! I’m seeing a possible wave 5 trade on this retrace. I’m actually waiting on a 13 swing sequence to end and trade the following correction? We’ll see.

pkealoha76 26 views ・

Looking to go long on a wave C correction when the market opens. Nice R/R ratio for a swing trade to see if it goes anywhere. If it does hit the 100%-1.618% I'll be definitely taking the trade on a short for an impulse wave down. I use EWT for possible trend direction as well as entry, exits, and SL. I trade using RENKO'S and moving averages once trend direction...

pkealoha76 86 views ・

I’m definitely looking for short trades here. With the 100 being hit I may take a long term with an SL beyond the 1.236 as the RR is wonderful now. That may be a month long trade to provide the equity to swing trade this bearish sequence. See what happens?

pkealoha76 204 views ・

I’ll be looking for trades going short next week. I think we’re in a wave C of a flat so I’m hoping for an impulse wave down to complete the correction. Trade with the trend :-)

pkealoha76 53 views ・

Awaiting a better entry for maximum risk reward. May go back down to the.382 and I’ll take the trade. Or I could take it immediately and hope it hits 100% of wave 1? Doubt that. The 50% retracement is a deal breaker or at least invalidates an upcoming wave 5 in my experience. I’ll just hurry up and wait.

pkealoha76 38 views ・

A nice setup for next week to try and jump in early. It’s pulled back into the 50%. Highly probable and early entry with a nice RR.

pkealoha76 171 views ・

This looks like a bullish high probability trade for me to get into next week.

pkealoha76 130 views ・

Did an Elliott count and my RENKO chart said otherwise. Been making money with my RENKO project. My EWT not as easy. We’ll see how this goes? The MACD on the RENKO seems to work well thus far.

pkealoha76 166 views ・

Just wanted to post this out there for entertainment reasons. There is more to it as to how I arrived at this but simply put, here it is. I’m definitely buying at around 6500 and selling off at 10000. Just in time for the 4th of July!

pkealoha76 101 views ・

Such strong divergence! Waiting for a nice corrective sequence to occur. I wouldn’t sell anytime soon.

pkealoha76 81 views ・

My best guess is my worst enemy. Waiting to short this.