Potential 2Down 2Up Weekly Reversal For APD Potential 2Down 2Up Weekly Reversal For APD : Per the Strat, this week I'm watching ticker APD (Air Products and Chemicals Inc) for a weekly entry trigger at 261.71 (last weeks high). If that trigger is met, I'll look for it to reach a magnitude of 272.03 (week before last weeks high). If it can reach magnitude, then it could also continue up to previous highs. Just look out for a reversal after the original 272.03 magnitude.
Thestrat
Potential 2Down 2Up Weekly Reversal For EMR Potential 2Down 2Up Weekly Reversal For EMR : Per the Strat, this week I'm watching ticker EMR (Emerson Electric Co) for a weekly entry trigger at 97.77 (last weeks high). If that trigger is met, I'll look for it to reach a magnitude of 101.30 (week before last weeks high). If it can reach magnitude, then it could also continue up to previous highs. Just look out for a reversal after the original 101.30 magnitude.
Potential 2Down 2Up Weekly Reversal For GWW Potential 2Down 2Up Weekly Reversal For GWW : Per the Strat, this week I'm watching ticker GWW (W.W. Grainger Inc) for a weekly entry trigger at 406.74 (last weeks high). If that trigger is met, I'll look for it to reach a magnitude of 417.79 (week before last weeks high). If it can reach magnitude, then it could also continue up to previous highs. Just look out for a reversal if it continues up after the original 406.79 magnitude.
Potential 2Down 2Up Weekly Reversal For HIIPotential 2Down 2Up Weekly Reversal For HII : Per the Strat, this week I'm watching ticker HII (Huntington Ingalls Industries Inc) for a weekly entry trigger at 198.89 (last weeks high). If that trigger is met, I'll look for it to reach a magnitude of 202.85 (week before last weeks high). If it can reach magnitude, then it could also continue up to previous highs. Just look out for a reversal if it continues up after the original 202.85 magnitude.
Potential 2Down 2Up Weekly Reversal For HONPotential 2Down 2Up Weekly Reversal For HON : Per the Strat, this week I'm watching ticker HON (Honeywell International Inc) for a weekly entry trigger at 221.37 (last weeks high). If that trigger is met, I'll look for it to reach a magnitude of 225.71 (week before last weeks high). If it can reach magnitude, then it could also continue up to previous highs. Just look out for a reversal if it continues up after the original 225.71 magnitude.
Potential 2Down 2Up Weekly Reversal For HPE Potential 2Down 2Up Weekly Reversal For HPE : Per the Strat, this week I'm watching ticker HPE (Hewlett Packard Enterprise CO) for a weekly entry trigger at 13.60 (last weeks high). If that trigger is met, I'll look for it to reach a magnitude of 14.41 (week before last weeks high). If it can reach magnitude, then it could also continue up to previous highs. Just look out for exhaustion risk to the upside if it continues up after the original 14.41 magnitude.
Potential 2Down 2Up Weekly Reversal For IP Potential 2Down 2Up Weekly Reversal For IP : Per the Strat, this week I'm watching ticker IP (International Paper Co) for a weekly entry trigger at 57.70 (last weeks high). If that trigger is met, I'll look for it to reach a magnitude of 59.13 (week before last weeks high). If it can reach magnitude, then it could also continue up to previous highs. Just look out for exhaustion risk to the upside if it continues up after the original 57.70 magnitude.
Potential 2Down 2Up Weekly Reversal For MmmPotential 2Down 2Up Weekly Reversal For Mmm: Per the Strat, this week I'm watching ticker MMM (3M Co) for a weekly entry trigger at182.85 (last weeks high). If that trigger is met, I'll look for it to reach a magnitude of 187.92 (week before last weeks high). If it can reach magnitude, then it could also continue up to previous highs. Just look out for exhaustion risk to the upside if it continues up after the original 187.92 magnitude.
Potential 2down 2up reversal on the weekly chart for LLYPer the Strat, this week I'm watching ticker LLY (Eli Lilly & CO) for a weekly entry trigger at 235.39 (last weeks high). If that trigger is met, I'll look for it to reach a magnitude of 241.15 (week before last weeks high). If it can reach magnitude, then it could also continue up to previous highs. Just look out for exhaustion risk to the upside if it continues up after the original 241.15 magnitude.
BTCUSD Waiting for Monthly candle breakBTC could have a big move in either direction. Since the end of the month is less than a week away, I believe it’s wise to wait for a break of the current monthly candle by the candle that hasn’t formed yet which is August’s monthly candle to break in either direction. Currently we have an inside monthly candle. That could change before the month finishes. The green lines represent what an entry would look like if the current monthly candle for July had already closed. Obviously it hasn’t so wherever it closes, you would put green entry lines on the top and bottom of the candle and take your entry on the break. Pink lines above and below represent possible targets.
Wyckoff Accumulation & 2-2 reversal STRAT off Buyers Candle D TF2-2 Strat reversal Daily off the buyers candle
Bottom of STRAT Broadening formation on the Daily
Declining volume-possible sign of whales taking supply out of the market
multiple retests
price above 9 MA with retest
above VP Point of control+ price imbalance areas in volume profile gaps
All the above = Long
Be Fearful when others are greedy and greedy when others are fearful
#TheStrat BELUSDT 2-2 Rev Back Into TFC on 45M - Trade Set upNot a trade I am taking as I am getting ready for bed, but this was setting up nicely as an example to show the concept of timeframe continuity, and how we use it with reversals to create winning positions. The idea here is to re-enter after a strong first initial rally then retracement as soon as we see signs of full time frame continuity heading back in the direction of the major trend. We got our first trigger on the 15, which hit its magnitude at the trigger of the 45 min 2-2 reversal. We will see whether it continues to our target. From what I have seen so far, if we can maintain full timeframe continuity without getting stuck in a consolidation, price kind of just goes where it is supposed to. The entry and targets are on the 45 for anyone that wants to check back on this.
#TheStrat 3H 2-2 rev BELUSDT Trade Analysis - Billiard AnalogyA trade I took per Rob Smith's #TheStrat. Been using this strategy for about 2 months, and in that time been adapting my style of trading the strat to the crypto markets. When I entered this trade, I already had several 2-2-2 continuations in force on the 45 ,15, and 30. I entered on the hourly continuation which was triggered by the 2-1-2 continuation on the 5er, this also triggered the 3 hour 2-2 reversal, which was the main trigger I was wanting to trade. You can see on the chart that our first target also happened to be the trigger for the 6-hour 3-2 continuation. This goes back to the billiards analogy that Rob always makes. You always want to be thinking in terms of what other "balls" are you setting up while knocking others in. What does your next 2 create, negate, or do? If you trigger on a lower timeframe, how will that affect your higher timeframes? So this particular trade illustrates that well. We entered using multiple triggers on multiple timeframes, each confirming one another, and we look to trigger more higher timeframe triggers on our way to magnitude.
BTCUSDT 2-2 WEEKLY BEARISH REVERSAL #TheStrat ExampleA trade you could have taken per Rob Smith's #theStrat. Most of this movement occured over only a few hours and played out hitting perfectly at the bottom of the broadening formation. You could have set your take profit once it made a lower low on the broadening formation, or if you are conservative taken profit on the 2 up before the reversal as shown.
BTCUSDT 2-2 Reversal on Daily - Pivot Machine Gun (The Strat)Just a journal entry for a position I took using the strat. Trigger was at 50,680 on the 2-2 reversal to the upside. We had exhaustion on the downside and the hammer gave use our actionable signal on the daily timeframe. Full timeframe continuity to the upside. The series of previous lower lows gives u a pivot machine gun where we will stop out the bears at the the pivots, rocketing us straight up to our targets. Stop was at 49,800 with a target at 56,600, making this a 7.4R trade given we continue the move towards the targets
Trading the Strat - 4/24 ADAUSDTPERP 2-2 Reversal (Long)I will be publishing trades that I am currently in, or that I will be taking . I trade using "the Strat" trading strategy that was invented by Rob Smith, so if you want to see how we trade feel free to follow. The reason I am doing this is to document my trades, see which ones worked out, and come back to them later to figure out how to improve
I entered this trade on the daily trigger. We had the the hammer on the previous candle giving us an actionable signal once our current candle broke the top wick. We also see full time frame continuity on the 15 min, 1-hr, 4-hr, and daily. This is what a high probability set-up looks like using the strat. Note that the series of lower lows on the daily gives us a pivot machine gun. We anticipate stopping out players at these pivot points further accelerating price action upwards, taking profit once we hit the end of these series of pivots