BTCUSD - Walking The ForkHere we see, that price is trading very nice within the Fork.
Until we break out of it, there is no doubt that we heading south.
Observe!
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Actionreaction
SandP 500 E-Mini Futures 60 CME Updated 1/24/2018 Price has broke through the upper median line, and is now following the sliding parallel to the upside.
SandP 500 E-Mini Futures D CME Updated 1/24/2018Price is now at the middle median line. Look to see if price will hit resistance here and pull back. We are at an extreme now in price.
ES E-Mini: Price arrived at the Reaction line!In my prior post (see related link below), I showed you how Action/Reaction works. In my Blog (see footer), I go over this in detail.
Now price has arrived the the next Reaction line.
This is a great time to observe from here, how the market reacts to this line.
Will it trade through it?
Will it be punched back and go south from here?
Learn to earn - observe, make notes and enhance your knowledge with such great opportunities.
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SandP 500 E-Mini Futures D CME Updated 1/23/2018We are at resistance now at the median line. Look to see what price does here.
SandP 500 E-Mini Futures 240 CME Updated 1/23/2018 Price has hit the warning lines as resistance every time we have tried to break higher. Look now to see what price does here, as we are at resistance again.
SandP 500 E-Mini Futures 60 CME Updated 1/23/2018Price has gone up through the median line and 2800 and is now possibly retesting the middle median as support. Look for price to continue higher.
GC - Gold Chart with 4 different concepts.1. Forks
2. Action/Reaction
3. Support/Resistance
4. Frequency
Learn to earn is the best way to become a independent trader.
Check out my website and start today.
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WEAT - Potential to turn?Since my last video post, price banged it's head precisely at the L-MLH and fell back to the virtual Centerline (red-dotted).
This is no surprise, because more often then not, we see test/retest after one of the Fork's lines are broken.
At this time, price has a good chance to turn trend, since it's stretched and most of the longs have puked out the last dime.
No hurries here.
Let's let price crawl above the L-MLH and decide from there.
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TWTR - Twitter is stretched, but bulls are below.Now that price failed the second time at the U-MLH, the rules tell me that there's a very high chance to shoot ...oh sorry...to short Tweety §8-)
Target would be at least the Centerline (as explained in my free course material - see footer).
Be aware that earnings are ahead next month!
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GC - Gold and a quick Action/Reaction lessonOn my private blog (see footer), I teach about the pure Action/Reaction and show prove of concept on the ES-E-Mini.
Here we have Gold and this shall be a tiny appetizer, before you grab the whole menu.
Watch and learn.
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§8-)
Action & Reaction At WorkThis is how Action/Reaction roughly works:
1) take the center of a major swing
2) mesure back and
3) project it forward.
Observe how price is acting/reaction at the R-Lines.
This is the same principle like: "If you push to a wall, the wall is pushing back."
On my new Blog-Post for registered FreeFTG members, I'm going into details about this technique that stem from Newtons 3rd law of motion, and adapted to the charts by Dr. W. Babson, who made a fortune and started the Babson Collage.
It pays out to know more then just common trading knowledge...
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WEAT - Is the drag over?In this video I explain, why there's a good chance that the drag could be over.
I talk about:
- Forks ...of course ;-)
- Action/Reaction
- Weekly/Daily Charts
- Drag & Pressure
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SandP 500 E-Mini Futures D CME Updated 12/29/2017Price is gaining momentum to the upside. Lets see if we can break 2700 and break higher to continue again towards the middle median line.
SandP 500 E-Mini Futures 240 CME Updated 12/29/2017 Price has started to rise to the upside after hitting 2682 as support. We are not at resistance at 2698 so price needs to break through with a possible retest as support to continue higher.
SandP 500 E-Mini Futures 240 CME Updated 12/28/2017 Price is consolidating at support here at 2682 level and also warning line 1. Look to see if we can bounce here from support to the upside.
SandP 500 E-Mini Futures D CME Updated 12/28/2017 Price is at possible support on the marked sliding parallel, trying to go higher. look to see if price rises from here over the next week.
SandP 500 E-Mini Futures 60 CME Updated 12/28/2017 Price has come down to 2684 and bounced. Look to see if price continues to come dwn to 2675 to find possible support.
SandP 500 E-Mini Futures 60 CME Updated 12/27/2017Price is near support at 2684. Look to see if price can gain some momentum here and try to push higher past 2698. If we drop look for 2675 and 2663 areas as support.
SandP 500 E-Mini Futures D CME Updated 12/27/2017 Price near the top of a sliding parallel here. Look to see if price can continue higher. We look a bit over extended at the moment, so price may drift down slowly before finding support again.
SandP 500 E-Mini Futures 240 CME Updated 12/27/2017Price has stayed at support at 2684. Look to see if price is going to hold here and try to rise again to warning line 2, or if we will pull back to 2666 and 2650 areas.
