


Tr8dingN3rd
PremiumNice how the rules play out here. ES is bouncing exactly at the Centerline. This means, there is a high probability that we see at least a pullback to the North if we hold this level on the close. Let's observe.
FedEx landed on the CL to the dime. Can it go lower? Sure, but chances are high for a bounce at this tretched level. Me <--- rather long than short.
According to the Rules of the Medianlines (Pitchforks), there is a high potential of a reaction from the Warning Lines (here WL1). On strong Trends, price will trade through it and down the the ML (Medianline). Be prepared for both scenarios.
Perfect Re-Test. Interesting enough CPI news pushed price up to the L-MLH and immediately rejected it. Thant's crazy, but it's no wonder. Allen Andrews Action/Reaction just works. Why? It's the law of nature. Newton exposed it, Allen Andrews brought it to the markets.
After the 114 level seems to be nailed, higher targets are on the plate. There is not much to say here. Price just roars further north. The A/R and Pitchforks project the highly potential price targets. Read again: "project", not predict ;-) Trade small, trade save.
After the P5 Low, we have a super nice count to the upside. Now we may have to face that the little party is over. Potential P5 is in and if it's true, we go down at least the the U-MLH. An opposite view is, that price will advance to the upside even more. If that's the case the potential to reach the second Warning-Line WL2 is baked in. The Stochastics faster...
The Pattern: Sometimes it's too obvious to call it a coincidence. The Pitchforks: And as you can see, knowing how to use a tool can help to make intelligent decisions in trading. The short time-frame: The Pendulum Swing: The Trade: What if the trade fails? What if this fractal pattern is not playing out as expected? Then it just was a trade. Trading...
Last days where pretty crazy again. So let's dig in to the daily TF and see what the chart reviles us. We had the move down to P 5/0. From where we expect a new 0-5 wave up. Since price trades lower than P1, we can say that this guy is confirmed. From P1 price moves down, and up again. This is just another wave count in a lower TF, because we would need to see...
CL reached the extremes short term. From here I expect a bounce up, with a potential to the yellow CL (Center Line). The idea is supported by the Stochastic, where the faster is overbought and the longterm is sloping up. Risking small, aiming big, that's what I do in CL. In contrarian I take profits quickly if it's not playing out like I want.
Silver comes right back to where it broke out in 2010. The 0 to 5 count could be complete, exactly where the Lower Medianline (L-MLH). is catching price. Now we don't just jump the gun. We wait for a signal, a change in behavior. Put your observation hat on.
In this short video, I show you what I expect from what I do, using Action/Reaction. It's on purpose, that I don't give any further explanation - just stay curious, try to figure it out, learn, prove, and earn with what you come up with from the study. It's only you that can make it possible. Happy trading
I'l watching very closely for a bounce at the white dotted sliding parallel. Just a hint with good probability. Trade save, it's very vicious out there.
OK, sometimes it's just too much and your ETF will give you a hint. In I think she's getting it now...? #YourETFHelpsYou
Allen Andrews gave us great rules. The P5 rule is one of them. As we see in the chart, P5 could be reached. What does this mean? It's an indication that price is at it's peak and a potential turn is ahead. Furthermore we have reached the center-line, where a) price will beak through, revisit and continues or b) price will turn and trade to the opposite...
If you followed the projections of the S&P 500, you where able see live, day by day, how the pitchfork/medianline tools and framework is applied to the markets. And more important, how we as trader can rely on these tools and rules. In the chart you see that the market swung up to create P4. It's really picture perfect so far. Now we approach P5. But know that...
OK, that's creepy to me. On this long term chart we see that price respects the Pitchfork very nicely. But that's not creepy, that's what I see day in and out. But here it comes: IF this is a monster Bull Flag we see in the grey shaded area, the USD will explode to the upside in the comming months. That means, that with the higher and higher inflation in the...
This is a reverse Andrews Pitchfork. The A Point is higher than the C Point. The Andrews Pitchfork is a tool, nothing more or less. This tool, applied correctly, projects the most probable path of price. So nothing magic or secret. The Andrews Pitchfork roots from a physical basis. And that's the reason why we can apply it on EVERYTHING that fluctuates. So, if...
The current target is still the center line of the pitchfork. From there we have a high probability to get at least a bounce. I would not expect a trend change, since BTC is clearly following the bear market. And why wouldn't it? BTC is a currency. People use it as a thing of barter the same way as with Fiat-Money. What ever you use to buy, it's value comes...