Forks
ES - ...but a question of WHEN!Yes, i could be dead wrong, as everybody else too.
But to me, it's not a question IF the ES will tank...more a question of WHEN.
When i see the last closes (pink area), my neck hair shoot straight up to the moon and i think, what else can i sell in my household, to invest in this short §8-))
...don't take it too serious - it's nothing more then my opinion, which is bad anyway...having a opinion...
P!
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USDCAD Long ScenarioYes, now would be the time to enter, if one would like to take a quickie, up to the black A/R line.
But unfortunately there is no structure to hide the stop, so i personally let it go.
If the the scenario plays out with the pullback back to the green support zone, then i would consider a long, up to the centerline.
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EURUSD D - I don't like this one, but i "have to" take it.Here we can see price in context of a Fork & A/R set.
I really don't like to go long here, because my stomache is crunching when i go long here...
But it's not about my stomache, or my feelings, or my big toe's nail.
It's all about numbers = statistics, risk, reward, occurences etc...
And most of all, i know price is reaching the centerline over 80% of time.
Soooo....if i really want to follow a profitable longterm trading startegy, i HAVE to take this trade, and i took it, even my big toe's nail's now broken §8-)
P!
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RUT - Characteristics...very interesting... if it continues the up move characteristics, we should see a hit on the upper MLH.
P!
EURUSD W - Exponential BehaviourI see this lower sideways action as accumulation.
As soon if price break up this sideways action, we
probably will see a pullback to scare everyone who's
long on the break, then it will takeof to double this
range, at least...
P!
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USDCHF 8h - Natural A/R ResistanceHere we can see Action/Reaction in "action".
Price stopped dead where the natural reaction sits.
If you closely inspect the A/R set, then you can see
from where it is derived.
P!
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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!
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USDCHF ST - Potential Turn @ CenterlineThis shoot up is usally not sustainable for a continuation.
Price haltet right at the centerline, and where the zone of the last breakdown is looming.
A jump above the centerline would indicate a continuation in the direction.
I prefere to with the trend, even the flow right now is up i think the stream will correct it.
P!
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