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

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... ... @@ -43,51 +43,94 @@
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.
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"
47 47  ** the new STH makes for a more likely trade opportunity. (market maker model) and opens up the chance for an OTE.
48 -**
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
49 49  * when old highs/lows are broken, trades will tend to reach back to those old positions (retail calls it "support")
50 50  
51 51  == Introduction ==
52 52  
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 +
53 53  == Example 1 ==
54 54  
60 +* example
61 +
55 55  == Example 2 ==
56 56  
64 +* example
65 +
57 57  == Example 3 ==
58 58  
68 +* example
69 +
59 59  == Example 4 ==
60 60  
72 +* example
73 +
61 61  == Example 5 ==
62 62  
76 +* example
77 +
63 63  == Example 6 ==
64 64  
80 +* example
81 +
65 65  == Example 7 ==
66 66  
84 +* example
85 +
67 67  == Example 8 ==
68 68  
88 +* example
89 +
69 69  == Example 9 ==
70 70  
92 +* example
93 +
71 71  == Example 10 ==
72 72  
96 +* example
97 +
73 73  == Example 11 ==
74 74  
100 +* example
101 +
75 75  == Example 12 ==
76 76  
104 +* example
105 +
77 77  == Example 13 ==
78 78  
108 +* example
109 +
79 79  == Example 14 ==
80 80  
112 +* example
113 +
81 81  == Example 15 ==
82 82  
116 +* example
117 +
83 83  == Example 16 ==
84 84  
120 +* example
121 +
85 85  == Example 17 ==
86 86  
124 +* example
125 +
87 87  == Example 18 ==
88 88  
128 +* example
129 +
89 89  == Example 19 ==
90 90  
132 +* example
133 +
91 91  == Example 20 ==
92 92  
93 -
136 +* example