Hello there, Traders and Hunters, For those of you who follow the tread you know I was monitoring for a 78% retracement. After the breakdown of the channel which I hope now acts as resistance, we have another opportunity for a nice trade. What you see in the picture is an almost textbook Gartley 222 […]
Hunting for a Gartley 222 trade in S&P500 Read More »
The selling pressure in the market was huge yesterday nicely indicated by the big volume. It didn’t give us the 78% retracement trade opportunity in #sp500 I was waiting for. It sold off just below the 61.8% Fibonacci level and never looked back. Short the rallies trading mode now, a test of the channel trend
Strong selling pressure Read More »
ARES worked nicely on the daily charts and allowed securing profits for those who stage out at 1 to 1. There is still room for movement till we reach some upper resistance. Now something interesting for today. In case you’ve missed the daily entry you can still enter as we see another setup that appears
Maximizing Profit Potential with ARES: Weekly Opportunity to Add to a Winning Trade Read More »
I have been absent a bit lately I know… from blogging, not from trading. I was refocusing what I do a little bit more towards stocks so wanted to backtest and research a few things. For ages, I knew adding the fundamentals to the picture could raise my hit rate. So here we have a
Springs and Fundamentals – a Spicy Setup in ARES Read More »
Today I present you the Upthrust – the twin brother of the Spring pattern As they say, it’s the same thing only different. What we do in trading is mainly pattern recognition. One of the exercises I constantly do is collecting examples and checking the charts for my pattern. Identifying support and resistance lines. What
The Upthrust – trading and pattern recognition Read More »
The Spring Hunter’s Way Spring and Upthrust setup. My own notes. As a trader, I’ve tried many things in the markets. Familiarized myself with different trading strategies and methodologies to come to my favorite. Scalped bar-by-bar candlestick patterns. Looked for day trading harmonic patterns. Traded Stochastic divergences, and basic price action figures. Then I’ve made
Trading Springs – One Trading Setup to Rule All Financial Markets Read More »
