


Timing_is_key
Hello all, My chart is showing the Mod Schiff lower parallel lining up with the blue median line at around 1.91330 a cycle bottom. If it overshoots my vertical time line before prices reach my target we will most likely see lower prices. Let's see how this unfolds. Sincerely, TIK
Hello all, Today I have an almost complete W formation double top trade that has the potential to go 6:1 or greater reward to risk. There would be some juicy stops sitting over 0.82144 ( previous top ) before heading back down to 0.81038 which fits in nicely to the Fibonacci 61.8% and median line targets. Lets see if I find my fill on blueberry hill:)
Hello all, This idea is pretty straight forward, showing confluence with numbered sequences from Fibonacci, Lucas and Gann Degrees of a Circle. I am also using my own unique forecasting tool ie "The Mod.Schiff Nodal Point" which has already called the Low on the Median Line and is now forecasting a LOW on the lower parallel at around 1.92650 late on the 11th/ &...
Hello all, Today is the last day of 2014, so let me begin by thanking all my followers for your support including all the other contributors for your insightful analysis and trades ( Both winners and losers ), I would also like to take this opportunity to thank everyone behind the scenes at tradingview.com for giving us everyone a fantastic platform that will...
Hello all, This idea is based on an expanding pivot or ( megaphone ) pattern as the market is now showing signs of exhaustion at the upper parallel of the RED pitchfork. Together with a nice 5 alternate candle reversal pattern and an 89 bar fib count from pivot 3. I had my order in at 2066 which was the GAP price which I had a hunch would be filled. This entry...
Nice Rollover trade setup on a breach of small pitchfork lower parallel and Reaction Line 1. A nice continuation trade on it's way to the Schiff Median Line. Let's see how this unfolds.
The following idea is based on a reversal at the large median line on a potential P5 count. I also have converging reaction lines meeting price at the potential P5 extreme. The target is the lower median line parallel. let's see how this unfolds with a conservative 19 pip stop and good Risk/Reward. The pullback is all that's needed.
As this market completes an expanding pivot at P5 it is also a nice megaphone pattern that has already breached a lower parallel of the smaller pitchfork and is now challenging the same on the larger pitchfork. It is also just bounced off the 0-4 line which if breached should see more downside based on the larger weekly down trend ( see linked chart ) There is...
Idea: Simple long trade on breach of sliding parallel! We have two downward sloping median lines where price has met support and then cleared out the previous high. I am using a special "mini" median line based on the closing price and a 5 day moving average for the entry. My logical target is the apposing white dashed median line. Please Note: if my entry is...
Hello all, This chart shows a longer term view of where the GU is headed. The "Zoom" weekly bar tells me there is more downside to this move as it not only takes out the downward green median line but also confirms a price failure of the upward blue fork lower parallel. In light of this information and the high probability of reaching the minimum target of...
Hello all, This idea is based on a potential price failure trade on the GU and a possible reaction line reversal. If we get an entry on a pullback and it reverses & takes out the most recent swing bottoms on the 15 minute. The bigger picture shown the market may drop into the bigger daily median line for a nice extended short. I have a decent stop should it make...
Hello All,, Today's idea is based on a simple upper parallel reversal trade with an early warning Doji candlestick @ the upper parallel. It is also a possible completion of a nice expanding pivot 5 formation signifying a nice CIT. My bias is short however I will be open to reverse position should the run continue to a higher P5 point at my upper "Warning Line"...
Hello all, We have 2 confirmed lower swing tops, a break of the last swing bottom and sliding parallel. Will see if this market breaks to the downside towards the downward purple dotted Median Line. Sincerely, TIK
Hello all, This chart is showing a potential P7 pivot reversal and is showing good symmetry with a Midpoint Schiff ML and 0-4 Line. Lets see how this unfolds
Hello all, This is a simple pullback trade against the lower parallel and channel line to forecast the high probability large median line and warning line target. Let's see how this unfolds. PS: The bigger trade was accidently dragged to the right when this chart was posted, so the entry was identical to the first one except for the extended target. Tks
I posted this chart as an update to the original but I feel it needs to be posted on it's own merits as it is showing very good symmetry. The market has now broken multiple median lines and has cracked the upper parallel of the downward purple fork on it's way to challenging the existing all time high on the 19th Sep @ 17350. It is eerily following the white...
Hello, The chart was originally posted on my Dow chart ( See Link ) and has already had the 1st reaction on the RED upward fork upper parallel as expected and judging by the savage move down I expect another test at the converging lines before a larger correction is anticipated. lets see how this unfolds. Sincerely, TIK
This idea shows the following weakness clues; 1. Price left a gap @ larger blue median line after test & retest ( weakness clue ) 2. Three rejections of smaller downward RED upper parallel 3. Test & rejection of upper grey parallel. 4. Possible completion of 5 "contracting" pivots 5. ( Not Shown ) A break & pullback "test" of a LARGE fork lower parallel price...