I should have made this chart on last friday (europe) morning when I was screaming my lungs out in Stocks chat to help people make a good trade here. Sadly it did not work and all thought me crazy again... Same happened as I was in Chat on the Day the Iran Deal was made in 2016 and the Oil bottom was formed ... I said dont sell dont sell anymore its over and all...
There is a way I have to see when a stop hunt will go on and right now the low at 106.7 is doomed to get farmed!! Just to show what these signals can do :)
OK this is one example of how we can reach the level of around 111 on USD/JPY Right now you can ignore the sell signal on hourly chart and buy yourself into the direction of the higher Timeframe Day and 4H. Weekly and Monthly are in a sell but are moving back from oversold so this trade has a high chance to win. As I wrote earlier I will not give SL levels so...
Then Go long NOW for close of GAP at 9500!
Hey, I would like to demonstrate the power of D-levels here. Take note how the COPs and OPs here gave good bounces and with that good chances to enter short again into the main Trend as shown in weekly and monthly chart. Also note how the recent COP gave almost no resistance and this is a very nice sign that Price should continue rather quick to the next Target....
Hi folks, this is the current setup on the e mini from a D-level perspective. Right now we still have a monthly Double RePo in play, as described in some other charts from me. Currently we have most interesting situation as we are above the invalid zone of said DRPO but we would need a close here on monthly bases for the setup to be invalidated. I can show you...
This is the Gold example I mentioned. The price had tested the invalid area and moved below it but then closed above it and keeping the pattern valid. Since this was a Daily Double RePo the close had to be on a DAILY basis :)
Well not certain that we reach it but according to D-levels this is the best possible short scenario in this market. The Confluence area is very strong and the XOP is a excellent place to hide a Stop behind as it almost never gets broken on first touch and you could easy exit at Break even should we touch XOP and move back to 43.5 Further we would touch the old...
As you know I trade D-levels and I usually dont care so much about harmonics but this time could be quite good chance to long this chart at the shown area. The XOP alone WILL power this chart up when its reached, there is no question about that but if we get a bit help by the harmonics folk we could be in for some seruous upside :) Enjoy
Hey folks, Joe Dinapoli wrote in his book from 1998 on page 85 : "If we get a monthly Double RePo sell on the Dow or in the S&P, say good-bye to stocks!" This happened two times after his words and as you can imagine brought him much fame and he also needed to answer a lot of questions, too ;) The DRPO is defined as a close below, above and below the 3x3...
If you check hourly chart you can see that we had two retracements to the 61.8fib level of the most recent upmove there. Both times we came right back up and had a close well above the 3x3 DMA (Green). If you are not long already, right now could be a good spot to open a position for a move to the next Target on this chart. Interesting is that this Target stands...
This is another approach of determining FInal target for DRPO signal. Its actually more accurate than 50% retracement cause it leaves less room for interpretation. I have just applied it myself the first time on this chart and think its interesting to see that the OP has held the market two times already. Still until we get a monthly close above 2000level the...
Hey Traders, This is my take on EUR/USD and my first analysis here where I try to show some of the tools I use to trade and make Market Predictions with as much Accuracy as possible. Feel free to comment and follow me if you like what you see and want more of it :) Ok, here we go:.. 1. We have a rejection of the Big Confluence Area I marked on the Chart (these...
As you can see in the link below I have expected price to test and bounce from this area 6 days ago. I just saved it private for me because I only decided this weekend, that I would start sharing my whole arsenal of trading strategies and methods here on Tradingview. I fully expect a move to the OP (1.48) this time as the combination of the 0.618Fib level and the...
Hey folks, This is my take on USD/JPY The Signals I show here, like the Bread and Butter (also called "The Single Penetration) are defined and can be expected and traded when you know what to look for! Fundameltally I expect stocks to rise a bit this week(UK deal relief and other reasons) and this will help to play out the Scenario I show here. In fact I will...
First time price below 125 since mid 2013 and touch on lower channel. Read belw why I also think JPY will retrace this week
Hey Traders, here is a little more explanation about this Trade. To understand what is going on here allow me to introduce you to one of the most powerful tools in my trading Arsenal. The Stop Grabber This pattern is initiated by a penetration of the MACD Predictor line and by a quick retrace back above said line. If this happens then the Consequence of this...