Skip to Content
Last modified by Drunk Monkey on 2023-01-14 05:38
From version 11.1
edited by Drunk Monkey
on 2020-06-28 19:43
Change comment: There is no comment for this version
To version 7.2
edited by Drunk Monkey
on 2020-06-28 19:25
Change comment: There is no comment for this version

Summary

Details

Page properties
Content
... ... @@ -43,94 +43,51 @@
43 43  * Note the following:
44 44  ** institutional levels
45 45  ** old monthly high at 1.1720 (1.17137 rounded)
46 -** price runs down until it hits the 20 level (1.1720), rallies and creates a new short term high (old - middle red line, new STH, top red line. It's also called a "market structure break"
46 +** price runs down until it hits the 20 level (1.1720), rallies and creates a new short term high (old - middle red line, new STH, top red line.
47 47  ** the new STH makes for a more likely trade opportunity. (market maker model) and opens up the chance for an OTE.
48 -** also, a high, with two lower highs on either side makes that high more significant.  when this high is broken, it's a more convincing move than breaking the other shorter term highs, thus giving us the opportunity to find a likely OTE.
49 -** at the fib, we see price rockets away from a STL
48 +**
50 50  * when old highs/lows are broken, trades will tend to reach back to those old positions (retail calls it "support")
51 51  
52 52  == Introduction ==
53 53  
54 -* how to annotate the charts to look for specific price patterns
55 -* study for the patterns for a month, and it'll start to become more easily recognizable as you train your brain to recognize it, then see if you can see it live
56 -*
57 -
58 58  == Example 1 ==
59 59  
60 -* example
61 -
62 62  == Example 2 ==
63 63  
64 -* example
65 -
66 66  == Example 3 ==
67 67  
68 -* example
69 -
70 70  == Example 4 ==
71 71  
72 -* example
73 -
74 74  == Example 5 ==
75 75  
76 -* example
77 -
78 78  == Example 6 ==
79 79  
80 -* example
81 -
82 82  == Example 7 ==
83 83  
84 -* example
85 -
86 86  == Example 8 ==
87 87  
88 -* example
89 -
90 90  == Example 9 ==
91 91  
92 -* example
93 -
94 94  == Example 10 ==
95 95  
96 -* example
97 -
98 98  == Example 11 ==
99 99  
100 -* example
101 -
102 102  == Example 12 ==
103 103  
104 -* example
105 -
106 106  == Example 13 ==
107 107  
108 -* example
109 -
110 110  == Example 14 ==
111 111  
112 -* example
113 -
114 114  == Example 15 ==
115 115  
116 -* example
117 -
118 118  == Example 16 ==
119 119  
120 -* example
121 -
122 122  == Example 17 ==
123 123  
124 -* example
125 -
126 126  == Example 18 ==
127 127  
128 -* example
129 -
130 130  == Example 19 ==
131 131  
132 -* example
133 -
134 134  == Example 20 ==
135 135  
136 -* example
93 +