THT
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Will watch the date
THT
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So we have a load of ways to "TIME" the market
Here's a simple basic one based off actual past swings of the market
The timing here, calculates all the prior swings of the markets and forecasts a "ZONE" for an expected high - obviously if the market is not playing out to the tune of past swings, it's not going to, but this is the fun of trading!
So we have a "ZONE" marked in the Indicator window - The grey part is the "overlap" of timing dates and that naturally becomes the "HOT" zone - again that is not to say it will happen and it could happen after the hot zone overlap
We're just using basic mathematics to analyse past swings of actual price action and find out when a TOP/HIGH should occur based on the movements of the past - projected from the vertical dashed market line swing low
So we are looking for the period in TIME that hopefully this market stalls - it could be a top or just a temporary pause - we are just trying to find the zone when this rally fails or pauses - This method is not accurate enough to be able to say "The rally is over" etc, we have to have other factors for that
Lets see if anything happens
PS - The swings were created simply by using a factor of ATR - I could of used price moves x% to form the swing too, but I just stuck with the software's default settings and its a WEEKLY chart of the SP500 Index
Here's a simple basic one based off actual past swings of the market
The timing here, calculates all the prior swings of the markets and forecasts a "ZONE" for an expected high - obviously if the market is not playing out to the tune of past swings, it's not going to, but this is the fun of trading!
So we have a "ZONE" marked in the Indicator window - The grey part is the "overlap" of timing dates and that naturally becomes the "HOT" zone - again that is not to say it will happen and it could happen after the hot zone overlap
We're just using basic mathematics to analyse past swings of actual price action and find out when a TOP/HIGH should occur based on the movements of the past - projected from the vertical dashed market line swing low
So we are looking for the period in TIME that hopefully this market stalls - it could be a top or just a temporary pause - we are just trying to find the zone when this rally fails or pauses - This method is not accurate enough to be able to say "The rally is over" etc, we have to have other factors for that
Lets see if anything happens
PS - The swings were created simply by using a factor of ATR - I could of used price moves x% to form the swing too, but I just stuck with the software's default settings and its a WEEKLY chart of the SP500 Index
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