Timing_is_key

Timing_is_key

IDEA: THE USE OF THE 0-3 LINE TO DETERMINE NOT ONLY PREDICTIVE TURNING POINTS, BUT ALSO, THE SLOPE OF THE NEXT MOVE!! This chart may seem confusing at first glance, however I will explain how to interpret it the best I can. First , Each parallel pairing is color coded with 1 Center Line (C/L), 1 Action Line (A/L) & 1 Reaction Line (R/L) and are equidistant to...

Timing_is_key

Hello all, Looking for a break of the Sliding Parallel ( Orange Line ) which has been hit 4 times previously. Still above 50% horizontal and first higher bottom in place. If these current tops are taken out we should have a BIG move to the upside:) The next 24 hours should reveal its hand. PS: I have reset the right side handle of the Purple Upward Fork to...

Timing_is_key

Hello all, I have detailed 6 reasons on the chart telling me to go long on this pair. The apposing forks really tell the story on this one. My timing lines have also been highly accurate to date (+/- 1)......Take a look all of them leading up to V10 ( it was pre-determined a while back. Also a price failure to the latest ML is just about confirmed. PS: If this...

Timing_is_key

Hello all, Looking at some long term technical signals that is supporting a weaker EURO OUTLOOK: Lower Prices Idea Supported by the following technical observations Major Pitchfork: Headed to the Black ML from P2 (1 July 2008) Green Upward Pitchfork: Breach of Lower MLH and now Sliding Parallel constitutes a price failure, Therefore counter move should be...

Timing_is_key

Nice Setup

Timing_is_key

Hello all, This is a continuation of the linked chart below. In anticipation of a reversal I have 2 forks that tell the story. 1. The yellow fork: If P2 confirms ( Therefore fails to reach median line ) I can expect strong selling pressure past P1 2. The purple modified schiff fork: If the above scenario plays out the next logical target is the lower MLH ( Median...

Timing_is_key

Hello all, I pulled up a full retracement on the previous range and noticed the market was respecting the big 50% and then pulled up nicely on the horizontal 25% ( Also 50% of last range down ) level as well. I then drew a nice downward fork to see if I can predict the next move to the Median Line and as you can see I have a test of the upper parallel and...

Timing_is_key

I have a good setup on this, I'll let the chart speak:) Sincerely TIK

Timing_is_key

Hello all, I had a quick look this pair and noticed a nice clean top after the low at 1.93398. I have only placed vertical timing lines 4 to 6 so to isolate the possible plays ( See Blue & Purple bent arrows ). You will also notice some spectacular hits on the horizontal support & resistance lines which tells me the grid is working. These plays are based on the...

Timing_is_key

Hello all, Well my grid is working to perfection, Timing Line 7 (Green Dotted Line) came in and met all 3 major criteria for the trade: see the 3 green arrows To recap. 1. Horizontal Support on predetermined 12.5% level 2. Vertical Support ( Timing Line 7 green dotted line) 3. Angular Support on Opposing Purple Pitchfork parallel ( Perfect Hit! ) Now....because...

Timing_is_key

I will continue with the exercise beginning with timing line 3 & ending with timing line 6, for the record, this journey began with a blank grid ( See linked Charts ) ---------------------------------------------------------------------------------------------------------------------------------------------------------- Major Criteria ( At minimum it must satisfy...

Timing_is_key

As you can see, vertical timing lines 1 & 2 came in nicely at the 25% Price Level (See Purple Cross's). Admittedly, they were slightly out on price and time & were quite small runs, but it does illustrate that a simple strategy like a 2:1 Risk/Reward TP along with a 1:1 Risk/Reward B/Even Cover can produce some good safe profits. Sad to see that I missed the dip...

Timing_is_key

Hello all, Assumption: This grid has been constructed with the assumption that the P5 is in, so a breach of P5 may invalidate the grid. I will be watching the vertical lines 1-16 as the market retraces from the probable P5 area. Not every vertical will produce a turn, but where the verticals cross the horizontals as well as the interaction within the pitchfork...

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This idea is based on a Classic P0 - P3/P4 Andrew pitchfork which was used primarily for picking Powerful Pivot 5's and the resulting change in trend. What you will find when you look at this chart is that once you get the touch of the ML (P5) you can draw a new pitchfork and conclude that if indeed it is a P5 Pivot the market 80% of the time will reach the...

Timing_is_key

This chart is a little busy, however please note that it was drawn from the big black dotted vertical line. There where no bars past this point at that time. All the information to construct this chart was known the minute the lowest low was confirmed. The validity of this grid was known when the first top was confirmed ( As shown to the left of the black dotted...

Timing_is_key

Hello all, When I see both a long term & short term P5 area I am looking for a reversal at least to the lower MLH & if P5 fails to reach the ML on the modified schiff I will be expecting a lower push past the P0,P4 Low. PS: the market may attempt a final spike to the ML before reversing let's see what happens

Timing_is_key

As promised probability tells me the EUR/CAD is headed towards the next ML. The retest is a good sign so lets see if it can break the previous two minor swing tops as that will be a stronger indicator of the ML Target areas being reached. PS: I am yet to do my timing lines on the P4/Probable P5 swing.

Timing_is_key

I noticed this ML double hit on the Andrews Modified Schiff. The P0 - P3/P4 was one of his tools for nailing P5 reversals. Let's see if we can break the Upper Parallel:). PS: I will draw the next Median Line Set based on this probable P5 to see where this market can go! ( ie. Toward the ML of course)