Recent content by Kleft

I'm not tick perfect by any means and my lines were a little scrappy, I've cleaned it up a little to be more exact with what I imagined, still open to dissection though. Edit: If this is only "what appears to be a hinge" is it chop/indecision? what happens next (the climax) is unknowable at...

Saw it develop in real time, hinge formed, then a selling climax breakdown, a return to the apex where I noted an equidistant move up into Fridays lows, price then failed to make much progress before retesting the climax low then moving higher. This was happening at a point where there were a...

Similar pattern of behaviour on a slightly higher time frame later in the day.

Still a short. A more detailed explanation behind a short.

The price drop into the circled area is a little sharper than the last drop, the volume has increased for the drop but not all that climactic and at the hard right price is retracing on much lower volume. This could lead into a test but I think price will go lower, its a late short though.

It'll be interesting to see how this plays out, if the ret confirms one can draw a supply line to track the move. Depending on how one enters, the short would likely be triggered on the daily, the lower time frame has seen a breakout and retest of a level that has supported price over the last...

2 cents. FWIW I'm not so much an interday trader, but I still keep tabs on what is happening on the higher time frames as part of planning my day ahead (slightly different daily than whats been posted). As far as the DL's go, a tighter DL at a known trading opportunity (the UL of the trending...

Where are we? I'm trying to figure out what is most relevant in regards to the NQ moving forward, weekly and daily charts attached. Price had largely moved sideways from July 2015 until August 2016 when it eventually pushed higher but this BO didn't get far and price ranged again. The daily...

Could get interesting. In the area of the upper limit and close to last years highs. Possible opportunity for a reversal coming up.

Alternatively. With a channel being identified one might choose to take the trade at the LL as a reversal rather than wait for a stride break and ret. Given that price is in a channel and has tagged the LL the most probable direction is towards the UL, if demand is strong enough there might...

Daily: Price has moved back towards the LL, supply line is still in play but AMT would have the line of least resistance as up. Hourly: Price could be forming a hinge, overnight saw price RET beyond 50% of the most recent Lo-Hi (could be further weakness). 10 Minute: The overnight drop was...

Weekly and daily has price at the LL of the channel but the daily has a little overhead to overcome. Hourly has broken a sharper SL and the 10 minute is tentatively heading higher but the BO PM has failed to follow through.

recap Completed 2 trades prior to the reversal at 4440. Price opened ranging below the apex, 7 minutes passed before price broke higher with an entry being triggered on a ret. Whilst the ret confirmed PA backed up immediately (first warning) then broke the swing point and stride in quick...

prep A small PB back towards the mean of the weekly, daily is pushing lower under a SL and the hourly is between 4440 and 3675. 10 minute is possibly in a hinge.

1st trade I am ok with, it was a dicey area and staying on a low TF alerted me to the change in balance quickly allowing me to do something about it. Whilst what happens after the exit on 2 is unknowable at the time, I expected a little recoil in the area. With the trade under way I shoulda...