Watch for the reaction off the 200 from the 5M

The Student Handbook

Which is what I did when the 5M painted a goofy looking ABCD

The Student Handbook

I would like to point out an observation I just made. Notice on the attached chart that price has moved to and is currently favoring the lower trend line. Notice also if you will the AO's momentum is slowing to the downside. Again until there is a ...

The Student Handbook

Moved your SL to lock in pips? Very nice! Good job

The Student Handbook

Folks I apologize for my absenteeism today. have some matters I am tending to. Wanted to post the progress of the premise I posted yesterday. Notice from the charts the progression from the lower trend line (which corresponded with Pivot). The last ...

The Student Handbook

I'm sorry I don't speculate over the long term. I am intra-day and how it effects my trading right now

The Student Handbook

Yes - as it occurs. nice mock up by the way!

The Student Handbook

On the 1H?

The Student Handbook

Perfectly inline. The only aspect that effects our Bias at the moment is that price has breached the upper Trend line on the weekly chart. My speculation is price may continue to push upwards as the RSI swooped below 50 a few weeks back and is ...

The Student Handbook

You can see on the 1H chart the completion of an ABCD. Price acknowledges and moves sideways and slightly downwards to the lower trend line and daily pivot. Notice also the RSI has dropped below 60 and at the completion of the ABCD even swooped in ...

The Student Handbook

Glad to see it!

The Student Handbook

Well I take that back. Upon further review of the 4H chart. I painted what I presume to be the completion of an ABCD pattern. Will this be strong enough for a reversal? Not sure, but it may be enough to move us to the lower trend line and sufficient ...

The Student Handbook

The 4H chart like the daily is trading right up the middle of the channel. Price is currently sitting on the daily pivot. A few candles back you can see where the RSI spiked to 71.43. Again - believe we may see a push up to start the day and bearish ...

The Student Handbook

Sending you a PM

The Student Handbook

Daily: You can see from the attached chart that we are in a strong uptrend. I am still of the mindset that the current path is the formation of the X to A leg. The daily TF is trading right up the middle of this channel. Yesterday's candle closed ...

The Student Handbook

Thread Rules: Respect, Integrity always Never EVER speak in this thread of conspiracy theories, stop hunting brokers etc. If you manage your trades properly, neither of these should affect you anyway. Do not attempt to introduce any system, ...

The Student Handbook

OK - we need to reel things in just a bit. As I feared would happen we have a bunch of traders trying to chime in or show their knowledge. While I appreciate that, I need for you to stick to the topic at hand. When you do this keep your post to the ...

The Student Handbook

As I painted the trend lines for my last post, it occurred to me that I have overlooked a pretty strong premise. The upper and lower trend lines correspond nicely to RSI (using either as a signal or confirmation of each other) Notice on the 1H chart ...

The Student Handbook

Might just be me - but I believe your ealier post summed it up well. Bullish seems to be the bias. Check the attached 1H. There have been no attempts to downside trend line in some time. The divergence is about to make me batty - PA has been ...

The Student Handbook

Love it

The Student Handbook