new days daily pivot on the tick...to the right of the developing late night cup and handle

How to predict markets, Catch the moves at value

Yes its fine, the Pivot is always the center line and yes P1 ----the ones with R means Resistance and the ones with S means Support. Pivots are predictive as there constant and they dont repaint, So daily Pivot points start at the open of the day ...

How to predict markets, Catch the moves at value

Thanks bro thats it for tonight, I see a cup and handle developing on GU

How to predict markets, Catch the moves at value

...............So when we buy at perceived value. Good value to a day trader at 50 is bad value for a position trader who wants to buy at 10 and sell for 50........

How to predict markets, Catch the moves at value

Swing traders doing there thing on the Weekly pivot points

How to predict markets, Catch the moves at value

As posted earlier on so starting to make sense now ..............................>> types of Professional Traders "Your ability to determine which market participants are influencing price will allow you to judge the conviction and behavior of price ...

How to predict markets, Catch the moves at value

So now you understand the participants a bit more. Those Position traders and there game play - Buy at value / Hedge on fear take profit at goals

How to predict markets, Catch the moves at value

yUP .........................

How to predict markets, Catch the moves at value

Here is the same Chart purely from the perspective of a Position Trader, however on 1 hour time frame so you can see there in on S1 monthly pivot point entry from last month. Do you see they covered there longs last month when the Central monthly ...

How to predict markets, Catch the moves at value

Hi Dave hehe....good questions that a 200 sma and I forget to take it of my charts its saved under my profile...I dont take much notice of it unless i switch to longer time frames. That will come apparent when we cover market cycles much later on

How to predict markets, Catch the moves at value

Just to simplify things for newer traders. do you see that the CPR in the chart below white and orange lines helps you determine a daily center of gravity. And the Grey lines which are daily pivot points help you to determine reasonable targets. See ...

How to predict markets, Catch the moves at value

Heres your lovely GU, I know you like it, 2 consecutive days with inside values and on the Central pivot range then very tight initial balance on the break out day. Note how the Central pivot range expanded and opened higher then the prior day, that ...

How to predict markets, Catch the moves at value

Exactly in the red box initial balance on your chart

How to predict markets, Catch the moves at value

"Your ability to determine which market participants are influencing price will allow you to judge the conviction and behavior of price movement"

How to predict markets, Catch the moves at value

So we have got this far ! on the chart are two days showing Initial Balance at open. So from a initial balance perspective they are your first line in the sand in which you can determine if to get your feet wet....................line in the sand ...

How to predict markets, Catch the moves at value

image

How to predict markets, Catch the moves at value

Initial balance in chart

How to predict markets, Catch the moves at value

I am assuming your charts shows the opening range at the start of the day i.e The Initial Balance Range established from the first hour of trading based on daily pivot point being set on standard Eastern to show the day open. So the IB is from the ...

How to predict markets, Catch the moves at value

Try to visualize the box with the initial balance on open in the above chart. Its narrow and with its initial range you can plot its high and low! Therefore if the first distribution fails and pulls back below the initial opening balance then you ...

How to predict markets, Catch the moves at value

Types of Market Days 2 -Double Distribution Trend Day The double distribution trend day opens with a narrow initial balance. The initial balance is the base for any day 's trading. A narrow initial balance breaks easerly, but a wide initial balance ...

How to predict markets, Catch the moves at value