Tr8dingN3rd

Tr8dingN3rd Updated 

That's a ...ummmhh..surprise at least. And it's crazy. I never thought this could happen. But we better shall believe, that ECH - Everything Can Happen! So, is the target reached for 2024? Nobody knows, right? But, I start to further close positions and take my profits in these Index and the correlating Markets. Don't let Greed eat your Brain §8-) As for my...

Tr8dingN3rd Updated 

The **Tulip Mania** of the 1630s was the original bubble—and it was as absurd as it was dramatic. Picture this: a single tulip bulb sold for the price of a luxurious Amsterdam townhouse. Traders flipped tulips like hotcakes, fortunes were made overnight, and the humble flower became a symbol of outrageous wealth and speculation. Then, in February 1637, the fever...

Tr8dingN3rd Updated 

Price bounced many times at the Green Support-Zone. It's the same level where the Huge Pendulums Fork Center-Line is (white-dashed). Next, we have the Yellow Fork. Price traded outside the L-MLH, bounced a couple times at the Support-Zone and eat up time. But now, I think the "Plate" is almost empty. Why? Price arrived at a decision point, a confluence point....

Tr8dingN3rd Updated 

Price is back to balance at the Center-Line. From here we have a 50/50 chance that it will either shoot through it, or turn and trade in the opposite direction. My bias is short because of the overall market situation. (Partial) Target is the GAP-Fill at the L-MLH, which a Stop I can afford and not even think about it when it get hit.

Tr8dingN3rd Updated 

Here's a daily view of MSTR. I expect a classical Trend-Barrier Reversal. Let's see how this plays out. Happy Christmas all §8-)

Tr8dingN3rd Updated 

Now THIS is a heck of a scary pullback! But the sime time, for me it's a gift from the trading God to Enter/Re-Enter with a start position, if not already in. Price got rejected at the 1/4 line, which I find it does often. But this doesn't mean that the party is over. The Pitchfork/Medianlines give us the projection in time. And the white Pitchfork is pointing...

Tr8dingN3rd

In the S&P 500, we observe a very similar scenario to the Nasdaq (see link to the NQ chart). It’s worth noting that we’ve seen this situation a few times before: the price traded outside the orange fork, moved back into the fork, but then left behind a "Hagopian" and shot back above it. This is irrational market behavior caused by artificial buying pressure...

Tr8dingN3rd

It hasn’t made any sense for a long time now how the markets keep climbing. Manipulation? Self-perpetuation? Honestly, who cares why. As the saying goes: “The dwarves dug too deep. And what they unearthed was their doom.” Or, in another version: “The greedy vultures flew too high, and all they found was gravity.” In the chart, we see two pitchforks: ...

Tr8dingN3rd

The markets are beyond stretched—they’re squeezed all the way to the moon. Today, I heard some major news: Big Money has already left the party, and others are following suit. This is HUGE. It’s also that classic moment when the barber starts sharing his “secret” stock tips. Now, if you pair this with my recent Bitcoin post—where I outlined how a tulip-like...

Tr8dingN3rd Updated 

As in my last post "Arguments For Bulls" I do my Analysis for NVDA with eyes of a Bear. We see the red down sloping Pendulum Swing Pitchfork. Because the A-Point is LOWER than the C Point, it's a Pullback Fork that would give us the potential downfall target at the Center-Line, before the Pendulum of price would swing to the upside again. - the "Trend Barrier...

Tr8dingN3rd

The open was above the Center-Line and everything else lined up nicely. To me this is a fair Long, with a good Stop below the last MoMo Candle. I like to take partial profits, so I have two in this case. The first at the 1/4 line, since price has a tendency to bounce there. The second one is the Upper-Medianline-Parallel (U-MLH). Let the fireworks begin

Tr8dingN3rd

Just drawing in a relaxed state can uncover new insights. I learn this decades ago, and it is very valuable to me. Maybe it helps you too, when you do your Zen Chart Work §8-)

Tr8dingN3rd

The Pendulum Fork gives us good context of where Major Upper and Lower extremes are in this picture. The rejection at the L-MLH is really a Tell, and should not be ignored then. Multiple opportunities there to go Short. Then a small slanted support came into play, which also gives us another chance for a short. Potential Targets are displayed by the yellow Arrows.

Tr8dingN3rd

There are just too many signs to not take a Short in META. - failed to reach the Warning-Line. - massive resistance - breach of the Trend-Barrier - insanely overextended Potential (partial) targets are the - U-MLH - Orange CL - White CL - L-MLH of both May Santa be with us §8-)

Tr8dingN3rd Updated 

See the support NQ had? Super nice how the the Medianlines and the A/R set reveals it. But now there is some trouble in the Kitchen. After reaching the white Center-Line, price is struggling to punch through the orange U-MLH. If price can't fight ti's way through this resistance, it will turn south - probably very sharp. To me, this is a cheap Short. If I'm...

Tr8dingN3rd Updated 

From Sep. 2022, we see the bounces at the white Centerline. This created great support, until recently Sep. 03/24. The Base support is broken, and price failed to move up from the white Centerline. Well, if price is not going up, it probably goes down. Potential targets are indicated by the arrows.

Tr8dingN3rd Updated 

When I started with trading over 3 decades ago, I was told that the DJI is often the forecaster of the bigger market direction. This week, it looks like the DOW is out of Gas. Struggling at the U-MLH indicates the need to find balance. Balance is at the Center-Line, so DOW(n) we go. With end of year staring at us, it's time to reduce exposure, or at least...

Tr8dingN3rd Updated 

What's this? ..just a Pattern. ..a recurring pattern. ..a very similar, recurring pattern. So what is this post good for? Maybe just a heads-up? Or just that you can roast me to point out that BTC is stretched, and has a high chance of pulling back or even going South. However, be happy, not angry §8-)