


JDubTickTrader
#DOCU nice short at the open using W5T Rollercoaster indicator on TradingView. Framed the chart on a daily channel, marked out the gap (body to body not wick to wick just my preference) dropped it down to a 5 min chart using W5T #BITS indicator to locate trades inside the gap. There were 2 nice trades $25 and $13 possible plays going down and one up.
#AMRN quick 5th wave move short on a 15 min time frame. #BITS indicator confirmed entry with stochastic crossover at the 4th wave point and retest of the 6/4 moving average line. $1.60 move on a $6 stock is a pretty darn good move!
If you missed yesterdays run up on Zoom and weren't sure what to do today....W5T Elliot Wave & BITS indicators found a nice 5th wave move on the 5 min time frame.
#ATOM stock W5T BITS indicator picked up the initial move on the 60 min chart. Drop down to a 15 min, isolated the wave count, and had a nice wave 3 worth $2 a share potential profit. We have a clean wave 4 pullback right now. I like to be above our 6/4 moving average lines before I would take another long on this one.
I framed this chart with a 60 min channel, dropped down to a 15 min chart, and used our BITS indicator to find a great move. Added on Rollercoaster and found another confirmation this was a great trade. Isolated the wave count and found a nice 5th wave move during this trade. Dropped down to a 5 min chart to find my precise entry.
I was on SIM account earlier testing a new alert on @tradingview using our W5T BITS indicator. I assigned an alert for the cyan line crossing the yellow either direction. It alerted earlier and I took it. Turned into a $650 winner the end of the day. I'm testing out alerts on several time frames and symbols right now with great results in my back testing.
Running through the process of framing your chart, grading a trade, and taking signal entry locations. BITS confirmed a great trade with 9-11 yes reasons to take the trade and only 1 maybe/no reasons. Nice 30 plus point move 120 ticks. Reach out if you would like a personal live stream demo of these indicators.
Using the W5T Elliot Wave, BITS, and Roller Coaster indicators found a nice 22 point/88 tick short move today. I posted a previous video giving notice of the possible move, here is the completed move with analysis of why I took it and when the entry looked right to me.
Met all requirements for a 5th wave short on ES.
W5T Rollercoaster indicator nails a 112 tick move on ES globex open today. Our BITS indicator confirmed the the signal from Rollercoaster as well.
Using our W5T Roller Coaster, BITS, and Elliot Wave indicator picked up a super nice 50+ tick move in 10-12 minutes. Check it out!
This how to set up Trading View the first time for new users and how to add our W5T indicators.
Here is my normal "grading a trade" mental checklist to see where we are. Weekly and Daily are wave 4 pullbacks and should gap down at the open for a 5th short. Resistance the last time at the center channel line was for 12-trading days before it finished it's drive to the top of the channel. This daily channel has been respected the last 29-months. Just my...
Nice 200 point drop in the ES that John and I predicted 9 days ago almost to the tick. If you aren't using high time frame channels to frame your charts you are missing out on really big moves! Check out Trading Views auto fib and anchored VWAP indicator. The W5T Roller Coaster indicator picked up some nice 400 tick moves on the way up. If you follow my Wednesday...
I was asked by a fellow trader if the W5T indicators on the Trading View platform gave an early signal before the NFP report on 6/5/20 8:30am Eastern. Our Roller Coaster indicator caught the potential move and alerted to a long opportunity. In this video I went through how to grade the trade if I would take it. 6-7 reasons that said "yes" to going long and 0 or...
Quick run down on ES today. Long term daily channel has been respected almost to the tick. Last 10 trading days has not broken the center channel line. 15 min chart shows a possible 4th wave pull back right now. Keep an eye on it. We are above the 6/4 moving average makes me look twice. I don't like trading the day after a holiday. 5 Min Roller Coaster W5T...
This was a follow up to Wednesday's W5T weekly webinar on Trading View. 15 min channels and isolated on candle 10050. Draw a channel on the 4th wave pullback from the high of wave 3 to the low of wave 4 with channel settings at "close", all other channels I draw I use HLC divided by 3. 90/140 fib on the 5/35 oscillator did not violate it, BIAS gave you...
4th wave pullback on ES right now 5 min and other time frames. I would wait for a further dip to the 1 hour channel bottom before my entry up. Nice W5T Roller Coaster wave 3 up and wave 4 down. Not trading advice - educational purposes only