Did you learn the lesson I showed Wednesday titled "Using YPODIAiRESIS prediction intraday starting? If not, here is yet another opportunity to learn an important lesson – history repeats itself the set-nurseries/pattern almost exactly today formed on Wednesday.
Let's look at the current chart as another example of vital this concept:
Click for full-size image.
I will not have time to explain all the concepts that I did in the previous entry in the provision of intraday starting with YPODIAiRESIS – be sure to view the location for complete details.
The idea is that YPODIAiRESIS can achieve a mark of punching One-Two "when it comes to intraday futures index or ETF trading.
The first punch is the multi-swing negative deviation of YPODIAiRESIS, which you can see above. The value pushed and successively higher intraday highs, extreme YPODIAiRESIS did not confirm the high – resulting in a multi-swing divergence.
The second "Punch" is kick-starting signal, wherein YPODIAiRESIS pushes into new intraday highs when value clearly does not produce a new intraday low.
When you receive a multi-swing YPODIAiRESIS deviation followed by YPODIAiRESIS Kick-offs, the first thing to do is close your longs immediately.
Secondly, for aggressive traders – or just your typical experience of intraday trader – you can see a profit for a high-probability (although never guaranteed) Intraday reversal triggered through analysis of a price trend line.
I can show you three opportunities to get short term:
1. the more aggressive entry was about changing the trendline morning before kick-starting signal
2. the allocation of values just after lunchtime gave the first kick off signal as price broke the little support of the 134.55 $ low. The suspension will go over the immediate swing high at $ 134.65 or, preferably, more than intraday high at $ 134.70.
3. the allocation "Bear flag" is one of my very favorite occupations, and came with a small deviation YPODIAiRESIS. This entry is a little less than $ 134.40 (line voltage) and stop over $ 134.50.
Remember if you use ETFs, the values will be different, just as you would have if you are trading futures contract @ ES (my preference for intraday trading), but the new structure/logic/concepts/set-enterprises will be similar.
You can still receive the SPY trade outside the trigger, and then run in your preferred commercial vehicles.
As always, these are lessons that describe/teach ideates report each day for the TRADE.
And why is it important to take time to learn these lessons and concepts?
Because they repeat. What happened today occurred Wednesday (and many times in the past) – those who were aware and prepared had a much better opportunity to recognize this evolution in real time and thus benefit from the opportunity.
Here is the chart of Wednesday as comparison report:
What happened Wednesday both top and bottom are almost identical to what happened today.
Needs time to learn a few concepts and trading intraday tricks – history will repeat … sometimes sooner than we all think.
Corey Rosenbloom, CMT
Afraid to Trade.com
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