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Medianline

NVDA - Why And When I Short Nvidia Yes, NVDA is stretched. Price got so pumped with all the AI (fake?) news that it looks now like a Pump & Dump pattern. However, it's not a reason to play Lotto. We better wait for facts. What are the actual facts in the eyes of a TA? a) Pendulum Swings give context b) the daily chart reveals where price has a high potential to turn sour. It's when price is opening within the Pitchfork, where we will short it and ride down to the Center Line. c) RSI gives context about a strong divergence and underpins the story. So, no no need to rush here. And if we miss it? Then there's always another trade §8-)
NASDAQ:NVDAShort
by Tr8dingN3rd
3
ES - S&P Example Of Multiple Reactions Off Of A ActionSo, here comes a little lessen, that could have a huge impact on your Trading. Many of you know that in my arsenal of tools I use the Medianline/Pitchfork tool very often. It's my best tool to project the path of price, find extremes and centers in the markets. One day, I was stepping back in the world of Action/Reaction and started to research on the wisdom of Dr. Allan Andrews and Babson. I modified their Action/Reaction model in a new way. Here's what I have found so far: 1. Identify the correct "last" Pivot (Anker 1). 2. Identify the last Low (Anker 3). 3. Wait, until Anker Pivot 1 is broken, and the market did a pullback (Anker Pivot 2). If you're at point 3., this means that price already shoot up again above the Anker Pivot 1, and preferable even higher as the last Pivot above Anker Pivot 1. From now on, you can observe, how price is behaving at the Reaction lines (Yellow R's). How to trade it, use it? Well, that's upon yourself. Or, you may wait for a course I'm maybe planning. But I highly recommend you study it and make your hands dirty §8-) Happy Trading
CME_MINI:ES1!
by Tr8dingN3rd
12
DXY - USD Approaching Last Resort Of SupportSounds dramatic, I know. :-) We see where price got rejected near the Centerline (white). We see that price broke the little (blue) shelf which inflects with the orange Centerline. So, orange Centerline is broken too. According to the rules of the Medianlines, we can expect a pullback to it. And it would be a little Gift to enter Short, or load up the boat. However, the last support before a massive breakdown is the white Lower Medianline Parallel. If we break through this level, the new target is huge, down at the L-MLH of the orange Medianline (Target Zone). To me, this would also open other opportunities. For example a Bold Long in Crude Oil.
TVC:DXYShort
by Tr8dingN3rd
2
Market Frequency - Kite Analysis - UsdJpy H1 - ShortAnalysis - Black: D1 long fork (between the median and the upper parallel) - Red: H4 long fork (over the lower parallel) and previous week's levels - Orange: H1 short fork (over the lower parallel) and previous day's levels - Yellow: m15 short fork (upper parallel) Next move - Purple: H1 trendlines - Blue: H1 levels to be retested - Long correction and short trend. If the m15 fork breaks, it is long. Target is the low of the H1 short fork.
Short
by MarketFrequency
BABA - How About A Collar Trade?The green zone is long term support. The Pitchfork projects path of price, on a Pendulum Swing basis. The sliding parallel (white) marks the overshoot and projected support. As we see, the steep down sloping yellow dotted resistance line was broken 5 weeks ago. But that's no reason to rush in. Why not wait for more facts? Do we have facts now? Yes, we have. a) support at the sliding b) today we see a close above the last high AND a break of the (grey horizontal) resistance. How can we play this with low risk? What about a Collar? 1. Buy Stock 2. Buy Put ATM Optional: - sell a longer dated Call (potentially limiting stock profit to finance the put) - sell lesser Calls, to let the rest of the stock position ride, if price close ITM and calls away your (partial) position. That's just an idea how to play it save. Why save? What if BABA tanks? - sell Put profit and buy more stocks to bring down the cost basis. Repeat until B/E or in profit. Additionally you can sell more Calls if they are above calculated cost basis. Highest Risk: If the stock go to zero, then the initial investment of stocks is gone. Could it happen? Yes. High chance of happening? Don't think so. Would love any input about this idea. Happy weekend §8-)
NYSE:BABALong
by Tr8dingN3rd
CL - Crude Oil is respecting the Lower extremes ProjectionI've been often asked, how I choose the A/B/C Points when I apply a Pitchfork. Just use context and learn the Swing rules. Then you cannot go wrong, and you will get the correct information from the market when you throw a Pitchfork on the Chart. Be open minded, but don't force your meaning to the market. The market is doing what he wants. So, we look for a change in behavior. Something obvious. FACTS. Don't FOMO. There's plenty for you, even if you miss a couple points or eve $s. Let's put the stalking Hat on.
NYMEX:CL1!
by Tr8dingN3rd
HOOD - Is someone loading the boat?We see the long base. It looks like accumulation to me. The Pitchforks L-MLH shows good support in the angle price is flowing. Now that price climbed above the 200 D. MA, it's even more worth putting HOOD on the watch list, or even start to buying in. In such situations, where it looks good, but no clear indication by my strategy fires, I reverse pyramid my position, for example like: 1. Buy = 50% 2. Buy = 25% 3. Buy = 12.5% ...and so on, until I have my full stake on the plate. And of course I look for profit taking on the way up, selling 1., then 2. then 3. .... And I always try to optimize with Options Strategies. So, what ever happens, I sleep like a Baby §8-)
NASDAQ:HOODLong
by Tr8dingN3rd
Market Frequency - Kite Analysis - UsdJpy H1 - ShortAnalysis - Black: D1 long fork (between the median and the upper parallel) - Red: H4 long fork (median line) and previous week's levels - Orange: H1 long fork (over the lower parallel) and previous day's levels - Yellow: m15 short fork (lower parallel) Next move - Purple: H1 trendlines - Blue: H1 levels to be retested - Long correction and short trend. If the m15 fork breaks, it is long. Target is the top of the H1 short fork.
Short
by MarketFrequency