Tr8dingN3rd

Tr8dingN3rd Updated 

Many indication point to a near term short. 1. The blue Arrows measures the pullback swings. Currently we are exactly at the highs, where price usually turned south. 2. Price got rejected again right at the KillZone 3. The A/R Resistance converge with the current high. 4. The indicators MACD & RSI signal short. So, what's a Trader to do here? Could price move...

Tr8dingN3rd

Unsurprising AAPL scenario. After my last post about AAPL, this ugly fruit does test the Lowr Medianline Parallel. The next candle, or even this one, has high chance to convert to a short. Either the red Centerline or the second white WL will be the target. #BewareOfFallingApples

Tr8dingN3rd Updated 

So far, price trades within the big pitchfork. The current sideways PA is the silence before the crack. I can imagine to buy COIN at $40 to $30 or even lower.

Tr8dingN3rd Updated 

Wonderful how the Count 0-5 works out. At P4, price should reach the U-MLH. But instead it turned south, leaving a void up to the U-MLH, which in a Pitchfork-Trader term is a "Hagopian". The Rule Of Dr. Hagopian: Price will move more in the opposite direction than from where it came. In this case, price came from the CL (Centerline). And therefore price moves...

Tr8dingN3rd Updated 

OK, so the battery released it's energy to the south. So far so good. Now it's decision time for a further plunge, or a rebound. Rebound Price is sitting at the orange center line and the 50 week MA. If those don't give support, then a plunge is very certain. Plunge The plunge could last to the white WL = Warning line or to the orange L-MLH. =...

Tr8dingN3rd Updated 

After the breach of the Sine-Wave low, price found support at the center line. Now price trades in a Mini-Pitchfork, projecting the most probable path of price. With this spark from yesterday, I see price trading at least up to the U-MLH (Upper-Medianline-Parallel). Nice to see how even the indicators go with the flow.

Tr8dingN3rd Updated 

...and the unloading is near. The dashed line just shows the frequency of Apple. The white pitchfork shows the most probable path of price. The right leg down (orange) is about the same as the leg up. If the down leg plays out, we will see price at least on the centerline of the white pitchfork. I think this sideways trading has it's reason. We will see...

Tr8dingN3rd Updated 

The Red Pitchfork ...projects the most probable path of price. Price has a high tendency to trade within this projection. Don't fool yourself - it's not just a Channel. It's nature derives from teh law of physics. That's the reason why pitchforks are so accurate. The SHIFT in price was a perfect one. It's not ususal that a shift in price shows up that...

Tr8dingN3rd Updated 

First of all we see that the uptrend is not broken so far. They washed the longs out (red box), made a new high and then dropped with a "Scary Drop" to flush the new longs out again. Nice how they came down to the center line. Now, back above the CL, it seems that the Battery is loading again. However, the could make a new low of course. But in this current...

Tr8dingN3rd Updated 

I read a ton of stories, how Gold & Silver will skyrocket. I agree, but not now. Here is my analysis, why I oad the Boat at lower prices. The white pitchfork shows the most probable path of price. If price breaches the L-MLH (Lower-Medianline-Parallel), then it is a sign of a turn in direction. ( read again: "A sign", not a "prediction" ). The Test/Retest :...

Tr8dingN3rd

1. The slope of the blue slanted lines are derived from the two consecutive lows. 2. Then this line is projected to the next highest, and in time farthest point. 3. The slope catches the low of the -$40 level. 4. When projected backwards, we see that a high in the past is catched by the lines. 5. The lines catch the bounce. 6. A high potential target is the...

Tr8dingN3rd Updated 

Price acted nicely as expected and the Short was a great profit. Now that the Sine-Wave center was cleared out, price peaked through the centerline and recaptured it. In the same time, we see RSI oversold and a big volume spike from the PinBar, which recaptured the centerline. This is a very strong sign for a reversal to the upside. I'm long with my first...

Tr8dingN3rd Updated 

Howdy! How's it going? Weirdo markets right now in my opinion. But there's always a market we can play. Let's see what we have on Crude Oil: Isn't that price behavior wonderful? The max. excursion line marks the upper resistance on the weekly time frame. Go, watch crude on the weekly. There's a observation to make, right at the top of EACH of these turning...

Tr8dingN3rd Updated 

The 0 to 5 count is very helpful in determining the current state of Swings & Pullbacks. Any Swing or Pullback can be counted from 0 to 5. When 5 is reached, it restarts from 0, again to 5, just in the opposite direction. This count is most effective when you count the real Swings. By "real" I mean, if you follow these Rules: Up-Swings: A new high is CONFIRMED...

Tr8dingN3rd Updated 

OK, that was a nice drop, as mentioned in here: Now it's time for a short term pullback. Because centers of sine waves get broken, before price continues, I see that we have a nice CL and th 68.10% near. So it's absolutely possible that we hit both. Price = stretched, at support RSI = oversold and diverge on lower TF #ESOvernightPullback

Tr8dingN3rd

I always can expect 5 waves, before markets switch direction to a new trend. In this Gold longterm chart, we clearly see that we are approaching wave 5, expecting the target at or even above the U-ML (Upper Medianline Parallel).

Tr8dingN3rd Updated 

Just study the chart and you see the process. The scene of the crime as my mentor always said ;-) is where price broke down hard the first time. Often than not, price has the tendency to come back to these levels. As it did today. Price ran into the "Scene Of The Crime" or the "KillZone" and got hit on the head several times. Here you had 3 chances to short the...

Tr8dingN3rd

What we see here is a red pitchfork, catching price at the center and the upper extreme. After the drop, we see the sharp run-up. Price got rejected exactly at the confluence point by the U-MLH (Upper-Medianline-Parallel). Tomorrow is friday and - this is a weekly chart. If pirce is closing down that much, it screams "Trouble Ahead" for the Stock...