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C-FORK

USDCHF D - Opportunity to buy?The monthly Chart tells us "no no!". But the dayli may carry this opportunity for us. The Fork catched the frequency of support & resistance (blue circles). We know that price is reaching the centerline over 80% of time. But this doesn't mean, that it's going straight to the CL. If you observe the price behaviour, you clearly se the last "sinewave" move (green "flash"). It's also kinda mesured move, which is over now - what brings me to the conclusion that price has a high potential to fall down again. If price is heading south, next natural stop is the CL. of the blue fork. And this again is exactly where the last Pivot-High was, which gives us a natural support too. P! Learn Action/Reaction Basics here (free4you): mytradingcoach.teachable.com
Long
by Tr8dingN3rd
1
IUX Russel - Rejection from the TrendBarrierWhat is important on this chart is not the trade! It is how you can see support and resistance at the lines. If you know how to use these tools your chance of profit increase dramatically, because all these lines do is follow the law of Action/Reaction - Newtons law. It's not a holy grale or such. But when something is happening over 80% of time, then we should pay attention to it and think about how we can use this for our trading. And yes, price is going to the centerline (CL.) over 80% of time. This is only one rule of many, of the A/R freamweork. I like to trade small, very small, but trade many occurences to increase my chance of making a profit at the end. That is why i like to sell options very much! Selling options have a built in success of expiring out of the money over 70%! Now combine this with this fantastic Action/Reaction framework and you have a hell of a great system to make money from the markets. I have put togheter a very basic Action/Reaction and Fork course where you can attend for free. Use this for your advantage and take you seat and start to dive in the world of Newtons law of Action/Reaction on this website: mytradingcoach.teachable.com P!
IShort
by Tr8dingN3rd
NASDAQ - "PARTY IS OVER"...is it?Holy Moly... I use Newtons law of Action/Reaction many years now. And again - i'm floored once more, how one can do a little "magic" with this knowledge. Time will tell if we go down from here, but hey - If I see the previous FACTS in front of me, I really don't bet anything for another move up! Thanks to all my followers for your support! P! Get your seat on the FREE Action/Reaction course and enroll today: mytradingcoach.teachable.com
NASDAQ:NDAQShort
by Tr8dingN3rd
5