Tr8dingN3rd

Tr8dingN3rd Updated 

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...

Tr8dingN3rd

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...

Tr8dingN3rd Updated 

The white pitchfork is a "pullback fork". This huge monster measures the whole swing, from April 2020 to the highest point ever reached in the NQ. What is the benefit of such a pitchfork? 1. We see where the center is. Above the center, the market is very strong. It's likely that the market continues in the projected direction. Below the CL (Center Line) it's...

Tr8dingN3rd Updated 

A LONG SCENARIO We see the RED numbers. They show the Pendulum Swings. Then we see the BLUE numbers, showing the minor Pivot Swings. For both I apply the 0 - 5 rule. This means, if 5 is reached, a turn is highly potential. The problem here is, that you don't know then the 5 is over. From the RED perspective, the market has not jet reached it's low. But from...

Tr8dingN3rd

Big shout out to the TradingView.com team! On May 4th I asked them, if one day, they could implement the Font Size into the Fib Tool, since my eyes are not the strongest anymore. And on my huge Monitor, the numbers where tiny. And just now I got a friendly message from their awesome support, it's done. I do not take such an effort for granted! So, once more, a...

Tr8dingN3rd Updated 

The #IWM has traded in a wonderful way. Watch how the #Medianlines , the whole #Pitchfork provided support, resistance and - if you know the rules, how they could be applied to make some $s. However, we arrived on the P5, which is potentially morphing to P0 for the next move to the upside. Alltough I personally don't believe it because of this market...

Tr8dingN3rd Updated 

Given the nice turn at the Center Line, we have a new target for the IWM: L-MLH...at least IMO. The yellow pitchfork is here to see, if the ongoing flow, the direction will change, and if the momentum is increasing or not. If not, price will trade outside the U-MLH. Otherwise we will see a fast and hard drop.

Tr8dingN3rd

That's a peace of a drag. I only consider a buy when it crawls up above the CL. In no other circumstances I would buy it. So, another Stock for the LT watchlist. #watchlist #dkng

Tr8dingN3rd

"If price reaches "a" ML, it will either gap (trade) through it, or bounce and trades back from where it came." ML = Medianline. This can be the U-MLH (Upper-Medianline-Parallel) or the L-MLH (Lower-Medianline-Parallel) or the CL Centerline. Knowing the Framework of the pitchforks holds definitely $alue §8-) #learntoearn

Tr8dingN3rd Updated 

From yesterdays session, they strangled the S&P too high too fast. This will probably lead in a nice short micro crash to the center line. Do you see the daily chart? Price is exactly at the center line, and a 50% warning line confluence. Price just follow the rules of the Andrews Medianlines: "If price breaks through any Medianline, it pulls back to it, before...

Tr8dingN3rd Updated 

Yes, SP500 is down a lot. Many indicators show oversold. But what I see here is nothing more than a natural pullback, which seems to align with the Pitchforks 50% Parallel. To me this could be a gift from the god to load up a little more. My target is still the Centerline. From there, we will see how the market behave. #planyourtradeandtradeyourplan

Tr8dingN3rd Updated 

Observing unusual Options activity is often a good indication on how big players are betting. ( The snippet here was taken from the YTuber Maverick Of Wallstreet. I watch his channel every single day. I learned so much from him, and everyone else can too - 100% free btw.) Here we see large PUT buying volume for the 120 Strike. However, you can't take this as...

Tr8dingN3rd Updated 

§8-) So funny the comments I get sometimes. For example, one was. "LOL, so wrong". What does such a comment tell us? Well, this Trader has a lot to learn. For example, that it's not about wrong or right - right? ;-) However, he's right...for now...ummmh... And that's OK. Let's see in which direction this loading "Battery" does unload, until the massive Pump...

Tr8dingN3rd Updated 

After the break of the white dashed CL, price came back to test it. Textbook like according to the rule-set. Next target is a) the L-MLH and then b) the red CL Would not be surprised if we see a Re-Test of the white CL. Next...

Tr8dingN3rd Updated 

The 0 - 5 count could be over in a couple days. When price reaches the L-MLH, then we know that it's stretched extremely. As a Pitchforker you know that these are the greatest opportunities to trade. So let's observe it and maybe we find a good Risk-Reward entry.

Tr8dingN3rd Updated 

Here's the video for the chart: Let's observe it and see how it plays out. #learntoearn

Tr8dingN3rd

SP500 at extreme, meausred by the Pitchfork. Here's a high potential bounce. Let's see how this convergion point plays out. Happy weekend

Tr8dingN3rd

Beginning from the left, we see where price broke out, where many made and lost millions. From there on, price went down with huge up-swings in between. What's that orange inside pitchfork? This pitchfork gives us a kind of a Swing-Frequency. What does this mean? Well, it's nothing more then a measurement of this stocks swing volatility. Furthermore it combines...