travis18haney

travis18haney

On the hourly chart, looking for a bullish pullback at/near the rising hourly 21ema. Looking for a sideways consolidation to go sideways until the 21ema catches up. The green line inside of the consolidation is Tuesday's closing price. Stop will be 75 ticks and Target is up there around 200 ticks

travis18haney

A technique that I use is during a downtrend, the first pop above the 200sma 9/10 will produce a lower low and continue down to break the lows. Price is currently popping above the 200sma I will show you various examples of this technique from the last two years Using this information, I will expect the lows to be broken and a new lower low will...

travis18haney Updated 

I am waiting for the dump back down to the flat hourly 200sma and support of Friday's close. Depending on how Tuesday and Wednesday trade out. I will be looking at the pivot lows for stop loss hunts. Same setup as Thursday October 12th on the hourly chart. Same broken down market trading in a negative position.

travis18haney Updated 

I will be looking for a false break reversal sell around NY session time to poke above the high a tad and continue in the down direction. This market is in a downtrend and is making lower highs and lower lows. I will expect a deeper pullback at some time to retest the 200sma again. This of course depends on how it plays out tomorrow

travis18haney

I will try to formulate a gameplan for Friday's NY session for a possible day trade Starting with the daily chart Price was in a spike and channel pattern that just got broken out of with its 850 point drop from its high of day. This is a sell signal for people that trade the daily chart. Thursday surged off of the daily 21ema and the 21ema is now curling...

travis18haney Updated 

One of my favorite setups that I found through Oliver Velez is called the Violence into 200. It is one of my go to bread and butters when it happens. Below I will explain what to look for and how to play it Step One: Look for space between the 21ema and the 200sma which indicates a contraction back to the mean. The 21ema will be declining. Don't try to buy a...

travis18haney Updated 

Using the teal line as the mean, every time price moves roughly 650 ticks above the mean, it snaps back. We are pushing off the mean now and I believe will continue bullish up to 40,500 which is roughly 650 ticks above the mean. Monday I expect a bullish continuation higher. After the move is complete, I will be looking for the revert back to the mean. I don't...

travis18haney

The Hourly Chart's 200sma is the same as the Daily Chart's 21ema Price is mean reverting back and forth between the mean Price is above the Hourly 200sma/ Daily 21ema, Bullish Price does not respect the Hourly 21ema and trades back and forth between it. The Hourly 21ema is the same as the 5 Minute's 200sma The 5 Minute mean reverting back and forth above...

travis18haney Updated 

Upon further investigation, I have concluded that the current bull trend is similar to the bull trend number 2 from 1942-1965. Both trends are showing a rather flat 43 degrees up movement. A slow and steady trend. It is not as steep as the dot com bull run with its 53 degrees. Bull trend appreciated 970% over the course of 286 months. Using the same criteria...

travis18haney Updated 

A couple of pieces of information that I think will cause a sell off down to 39,150 A declining Hourly 21ema A gap at 39,150 A rising 200sma that has been poked through last two times Ramped volume from the FOMC 600 ticks seems really excessive for one session. Maybe two sessions. Do I go for the throat and hold for a massive trade or do I take the base hit...

travis18haney Updated 

The market only moves from narrow to wide states and repeats. Currently, the market is in state 4 out of the 5 states. State 1: Narrow state before the move higher ( Narrow ) State 2: The trending move higher ( Trending ) State 3: The expanded move away from the mean ( Wide ) State 4: The reversion back down to the mean ( Trending ) State...

travis18haney Updated 

I need to get better at 1. Identifying what state the market is in 2. What number 1-5 in the cycle it is in 3. Avoiding numbers 1,3,5 4. Only trading in cycles 2 and 4 The market only goes between narrow states and wide states My strategy is the 21ema and the 200sma I use the 5 minute, the 15 minute and the 1 hour timeframe for Intra Day Trading I tend...

travis18haney Updated 

Looking at the week ahead on the hourly chart, the first thing I notice is that the hourly 21ema is now trending down and declining. The hourly 200sma looks to remain flat and a cross is set to happen later in the week. I am looking for a pullback into the declining 21ema, whether it stalls right at it or pops above it by a little bit. I see two spots on the...

travis18haney Updated 

The 1 hour time frame on the ETH chart is identical to the 15 minute chart on the RTH session chart. I prefer the RTH session chart due to the cleanliness of the price action. 15 Minute RTH 1 Hour ETH

travis18haney Updated 

I see the start of a down move over the course of the next 6-8 weeks to drift down to the bottom of the range in order to achieve a couple of objectives. 1. Fill the Gap from January 19th 2. Hit all the stops from Longs along the way 3. Hit the 1X range expansion of the High/Low from Feb 23rd- Mar 5th I am bullish over the next decade but right now it looks...

travis18haney Updated 

I have been getting my behind kicked the last two months due to this range bound market. Something that I just now noticed is that on the hourly, the 21ema (purple line) is the same exact average as the 5 minute's 200sma. They are one and the same. Since price is not respecting the hourly's 21ema, then logically, it will not respect the 5 minute's 200sma and...

travis18haney Updated 

Just like January 19th how price closed above the 21ema after a couple of down/sideways days, it went on to continue the bull trend. Today did the same thing. Closed above the 21 after a couple of down/sideways days. After placing a trendline at the exact 50% mark of today, I believe price should stay above it and the 21ema IF the bullish trend is to...

travis18haney

Friday's close has given me clues as to what is likely to happen. Using only the 5 minute chart, I have come up with my gameplan on how to attack Monday. I expect it to be choppy and will wait until a pullback into my strike zone.