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T-distribution

Road Map Cypher Trading System by Charter XHello, This is a System I have developed after months of case studies to trace a map when price reach Buying Climax (BC) on a Wyckoff Distribution System or just a simple BC. I'm pretty sure that all of you have wondered sometime where do the measures come from after BC and where will the price could go. Well if you have never asked that question maybe this is the moment, and if you do, this is the possible answer. This study and research i have been doing is based in the study of Fractals or Harmonics that takes place in trading. Measures are done using Fibonacci Retracement tools and with the help of Chuvashov Fork System to verify some of the stages after Wyckoff Distribution System. I usually use Cypher tool for representations as you could probably have seen in previous analysis. If you have not, i invite you to take five minutes of your time and check other analysis (like XAUUSD for instance). But i believe this will be an easier way to visualize it. It is not easy to detect fractals at simple view since they may vary in different time frames. Take in count that if one of the points are broken, it probably means that the fractal in Stage 0 could have been miss calculated, or the time frame is not the right one, or as simple as it has been a mayor change in market due external causes. I would try to use this case on XBTEUR as a sample to explain how it works along time. I hope this helps you out on your tradings and gives you a little bit more of knowledge about Harmonics, Fibonacci Retracement, Chuvashov Fork, Wyckoff and other systems and tools, all combined in one. Cheers! Charter X PS: I leave you the first snapshot to keep track.
by CharterX
5
Euro Triangle Breakout Before ECB...Load up Bears!!!Consolidation triangle has a breakout.... Looking for a simple retest of the 1.1040 area which is a nice retrace of the current move.... Also we finally broke below the moving averages so retesting in that same area of confluence.. Ill be looking to add in this confluence area in addition to my shorts from earlier in the weak (idea attached) Note: Macd is poised to cross Zero threshold so a momentum move is near Positioning for ECB which should be dovish Aiming for the lows 1.097 for TP1 and 1.088 TP2 Happy Huntin' Happy Trappin' BooBii
Short
by rickyboobii
BITCOINCASH - How i analyse cryptocurrency with wyckoff!_______________________________________________________________________________________________________________________________________ Hello traders investors and community, today i want to share with you an example on how to analyze with the wyckoff market theory. There is an interesting example of an wyckoff distribution which i detected in BCHUSD, formed the last days. The wyckoff market theory is an approach to determine a reversal in the market wether it is up or down (Accumulation and Destribution). Today i want to show an real example of an distribution (reversal to the downside) happening in BCHUSD, it is already in the end-stages of the pattern. I marked all phases and price-levels with the correct describtion and will explain now further. It is more an psychological indicator which indicates take-profits and sell-offs from large operators. _______________________________________________________________________________________________________________________________________ Lets get to the technical side: _______________________________________________________________________________________________________________________________________ Phase A - Marks the stopping of the prior uptrend. - Up to this stage demand has been dominant. - Supply is entering the market. - PSY (preliminary supply) - Large interest unload their positions, volume expands and price spread widens. - BC (buying climax) - Buying reaches a climax with heavy volume and momentum, FOMO by public, take profit by professionals. - AR (automatic reaction) - Heavy supply and volume takes place and pushes price down > exactly seen in the chart. - ST (secondary test) - Price revisits the area of BC to test the supply/demand balance, supply must outweight demand. _______________________________________________________________________________________________________________________________________ Phase B - Building a cause for a new downtrend - Professionals unloading LONG positions and opening SHORT positions. - Exhaustion of as much demand possible from professional market participants. - SOW (sign of weakness) - a move to or slightly pas the lower boundarie of trading range, weak demand and strong supply. - UT (upthrust) - price-move above resistance also known as shake-out, provides a definite test of the demand/supply balance. _______________________________________________________________________________________________________________________________________ Phase C - Bull-trap - Shows it self via an upthrust or uphrust after distribution. - Price move above the trading range resistance. - Professionals misleading public about future price moves and selling at favorable prices before mark-down begins. - UTAD (upthrust after distribution) - A UT or UTAD is a price move above resistance, trapping the public in a bull-trap. Sometimes a UT happens only or an UT and UTAD. It is also a test of the demand/supply balance. _______________________________________________________________________________________________________________________________________ Phase D - Forms after the UTAD in phase C shows last demand. - Phase D shows supply is clearly dominant. - Clear break of support. - LPSY (last point of supply) - Price has bad issues to advance higher and supply pushes price down, weakness shows with low volume rallys such as an triangle (seen in my chart), also it is trading below the 50 and 100 EMA (crossover happened). - SOW (sign of weakness) - increased momentum and volume pushes price down, supply is now dominant. _______________________________________________________________________________________________________________________________________ Phase E - Shows the final confirmation of down-trend. - Supply is now completely dominant while sell volume and momentum increases. - Normally marked with a failed rally to support. - Best point to open a short position because downtrend is confirmed. _______________________________________________________________________________________________________________________________________ We are currently in the last stages of Phase D. Phase E will occur the next day. Probably i will update. For more insight information support with a follow. May all the happiness come to you folks! _______________________________________________________________________________________________________________________________________
KRAKEN:BCHUSDShort
by VincePrince
4
AUD/USD - SECOND DISTRIBUTION PATTERN FORMING - HEADING LOWER?A clear second distribution pattern is forming. We have selling into the moves higher on the recent BC and ST by the looks of the volume. We are also approaching a re-test of the AR in the first larger distribution pattern. The downward trend that has formed also indicates a re-test approaching. Watching this closely for some reversal signals to get into a longer term short trade. Do your own research and good luck.
Short
by AussieWyckoff
5
USD/CAD WEEKLY TREND BREAKOUT Price Action (Technical Analysis): It is not rare nor surprising to see price repeat itself, Weekly time frame I have anticipated this breakout as we saw price previously breakout and distribute itself all the way to our Weekly support. I'm expecting Sellers to dominate as we are ready for a short opportunity, we do not see price breaking higher highs and higher lows weekly, in lower time frames we are gaining more reason to go short. A big push down (Impulse) would give us more confidence to enter this Distribution Phase. Fundamental Analysis: We do not have any Major News today that would put our idea into a 50/50 idea.. however we do have very important news happening tomorrow with the Greenbacks. Following ahead of Tuesday we have G20 News starting up & USD-CHN Trade War can easily affect all price action ideas. Stay updated with News and anticipate big moves happening. I''m not one to push this as much as this is just an Idea for Traders to see opportunity in but use very good risk management and be patient as the market does not just move Up, Down, Sideways.. as Traders we should expect fake outs. This is why having a Price Action Strategy with a set of rules can build confidence and a Highly Improved Trader. Best of luck to everyone this week...
Short
by RiosTrades
BTCUSD 1H chart (6/12/2019)Good morning, traders. Bitcoin continues to trade sideways while printing higher lows toward the $8100 resistance on the lower TFs. It doesn't amaze me anymore that novice traders think highly bearish in spite of this development. Many of y'all are still in disbelief at this 6 month bull market. Sadly, what they fail to understand is that even a correction toward $6000 is not bearish. It's a pullback in a bull market. It's one of the most bullish things that can happen as it gives traders the opportunity to ride the next wave up. The biggest thing that novice traders have to overcome is their emotion and they can start by choosing to use non-emotional words. The higher lows on the lower TFs don't guarantee that price will go up, but they should at least give traders pause when being so bearish. The higher TFs are showing higher lows and higher highs, however price has been trading sideways for a month now while printing a higher high and currently a possible higher low. The daily shows price consolidating against resistance. A couple of days ago price left the descending channel it had been in for two weeks prior. It then retested channel resistance as support yesterday and since then has been printing higher lows and highs. I have two support lines noted on the 1H RSI and 1H Stoch RSI is consolidating just under overbought. The higher lows toward resistance has me thinking that we should see a good pop upward through that resistance. As a reminder, the red line is the monthly pivot, the dashed purple line is the 2018 TR EQ, and the horizontal black line around $8400 is the top of the TR that price has been printing for about a month now. Price is also currently back above the 1H pivot. There are a couple of targets to watch at this time based on channels and TRs. The red target is based on the large descending channel and targets that fresh supply in the blue zone from the recent swing high. The blue target is based on the blue TR and targets the 2018 TR EQ. The purple target is one that traders should also keep an eye on. There is the possibility that price has printed a triple bottom as noted in purple. If price can close above that swing high at $8115, then we could see price targeting ~$8800 and that gets it pretty close to the red channel target at ~$8970. If price falls further, then I will continue watching the same support levels that I have been mentioning for a while now including the noted demand zones on this chart. Every day, we have a choice to act positively or negatively, so if you get a chance, do something decent for someone today which could be as simple as sharing a nice word with them. You just might change their day, or even their life. You can always click on the "share" button in the lower right hand of the screen, under the chart, and then click on "Make it mine" from the popup menu in order to get a live version of the chart that you can explore on your own.
BITSTAMP:BTCUSDLong
by Chris_Inks
2
Wyckoff on BTC for last 6 months; daily chartA look at the supply and demand shifts for BTC during the past 180 days. It looks like we are nearing the end of a full cycle, from accumulation to mark up and now entering the end of distribution. We begin phase D of distribution once/if price returns to the former trading range of $7600-$8400. I do believe that we are in a clear bull market, my expectation for the markdown (phase E) would be a bottom somewhere in between the .382 - .5 fib ($6100ish-$6700ish). This has confluence with a touch of the 50 day MA, a common retest during BTC bull markets.
BITSTAMP:BTCUSDShort
by chazd
Bitcoin Started to Distribution of Phase DWeekly rsi was overbought and it has sell pressure from the weekly ma50 so I think we just started to Phase D of distribution. Before to rise again, rsi needs to take breath also we need to check support lines. This brings a short opportunity here. Short between 5250-5150. Tp1 : 4920 Tp2 : 4780 If support lines broke, Tp3 : 4620 Tp4 : 4480 Stop Loss: over 5350. This is my first post in here so all kindly criticism and suggestions are welcome. All the best and good luck for you.
BITSTAMP:BTCUSDShort
by BtcBtr
1
SPX distribution TR?Distribution TR? - Diverging volume (only converging with price rise during reactionary bounce through TR's EQ) - Overall decreasing volume and candle spread - RSI falling through support - Stoch RSI double top in overbought and will print bearish cross if price settles here or lower for the week - Current doji candle may be signalling an imminent reversal - Price falling through blue C-Fork (Chuvashov Fork) support should indicate upcoming series of lower highs. - Failure of HVN at $2650 to hold should mark end of market distribution and further movement into markdown.
SP:SPXShort
by Chris_Inks
JSE:S32 South32 Looking WeakA little like Kumba S32 is looking week in a strong sector. The relative strength to the resources sector is rolling over. I previously looked at the structure as accumulation but this seems to have been an upthrust (UT) that met with supply (Increased volume on UT). The volatility to the downside has increased from 19 to 28 to 34%. The upward stride has been broken and is being retested. This looks weak and probably is distribution. The recent rally was without any conviction, even though it was over the holiday period.
JSE:S32Short
by SteynTrade
JSE:MND Mondi Change of CharacterI prefer identifying horizontal trading ranges (TR) but in the case of Mondi I will make an exception due to the clear change of character (CoC) that was seen in the previous decline. At the end of 2018 we have seen a decline that has never been seen in the stock before, with some volume. The attempted rally has been weak and I am expecting a markdown to begin. The TR also started with the largest decline at the time and volatility has been increasing as the slanting TR developed indicating distribution.
MShort
by SteynTrade
from accumulation to distribution: trading plan for pound aud hey traders, on pound aussie we have a very good example of market phases. pair is now approaching a decent level of resistance, and the market leaves multiple clues of bulls exhaustion. first of all, analyzing volumes, we see that smart money dont buy anymore, and prefer rather to sell: also, we have weakening overbought rsi with clear divergence, and formation of a head and shoulders pattern. all these things signify the distribution market phase. last thing that we are waiting for is the violation of a neckline. then we can freely sell the market with the targets based on structure. good luck!
Short
by VasilyTrader