marttrader

marttrader Updated  Jan 9, 2019

This morning you can tell me I have no plan because I am not clear! There is a lot of stuff on my chart this morning. Daily the price is still in my reversal zone, but this chart looks upside again. Maybe one more. The market will open higher and 25 minutes before the open we see for now a little sell off, so in my opinion it looks nice for a long at the...

marttrader Updated  Jan 8, 2019

Yesterday I made a good day LONG on SP500 even if I think it will not go high forever. Today I see a possible run up at the open but I think some reversal could happen between 2580-2600 because of the levels FIB gives me and the usual reversal levels. It could reverse right at the open because we reach 0.618 of the last impulse and it's an important level and the...

marttrader Updated  Jan 7, 2019

I think it's still dangerous to be long on indices for mid term or long term but this breakout will happen. Trying to enter for a quick trade. CHART COLORS: GREEN = WEEKLY & GREATER ---- BLUE = DAILY ---- PINK = H4 ---- PURPLE = H1 CHART LINES AND ARROWS: SOLID = PAST MOVE ---- DOTTED = ANTICIPATED MOVE MY TRADING STYLE I took a lot of time learning Elliot...

marttrader Updated  Jan 7, 2019

With this huge move from Friday, I think the SP500 will go higher, not sure I will take position long but will see. I see a low after the open and then the up move will continue. I will updated the idea while it moves. CHART COLORS: GREEN = WEEKLY & GREATER ---- BLUE = DAILY ---- PINK = H4 ---- PURPLE = H1 CHART LINES AND ARROWS: SOLID = PAST MOVE ---- DOTTED...

marttrader Updated  Jan 4, 2019

It becomes interesting... It's a nice pop on Fed meeting but it won't last forever, it's a trader's poping day!

marttrader Updated  Jan 4, 2019

Because I am still short indices, I don't want to take a long position today, so this is the best pattern I found today... Not the best one, will see. CHART COLORS: GREEN = WEEKLY & GREATER ---- BLUE = DAILY ---- PINK = H4 ---- PURPLE = H1 CHART LINES AND ARROWS: SOLID = PAST MOVE ---- DOTTED = ANTICIPATED MOVE MY TRADING STYLE I took a lot of time learning...

marttrader Updated  Jan 4, 2019

I really like this pattern, looks like an impulse that needs to be completed. I may take a starting position now to be sure to not miss the impulse. A textbook play, I may be wrong but it looks nice! CHART COLORS: GREEN = WEEKLY & GREATER ---- BLUE = DAILY ---- PINK = H4 ---- PURPLE = H1 CHART LINES AND ARROWS: SOLID = PAST MOVE ---- DOTTED = ANTICIPATED MOVE...

marttrader Updated  Jan 4, 2019

As I think the sell off is not over, I think this is a possibility for SP500. After the impulse down, consolidation and more downside. Will see! CHART COLORS: GREEN = WEEKLY & GREATER ---- BLUE = DAILY ---- PINK = H4 ---- PURPLE = H1 CHART LINES AND ARROWS: SOLID = PAST MOVE ---- DOTTED = ANTICIPATED MOVE MY TRADING STYLE I took a lot of time learning...

marttrader Updated  Jan 3, 2019

The weekly trendline is broken. This pair is flagging in daily and could go down for a long time to reach the green line.

marttrader Updated  Dec 21, 2018

There are my levels and targets if the market decide to go up today. I think it may be a slow day, without direction, I would not be surprised if we stay inside the yesterday's candle. I will wait for a good set-up in M5 before to do something. I notice often that in a daily downtrend, a strong upside premarket generally leads to a sell off when we hit...

marttrader Updated  Dec 21, 2018

There are my levels if we continue to the downside today. I think it may be a slow day, without direction, I would not be surprised if we stay inside the yesterday's candle. I will wait for a good set-up in M5 before to do something. CHART COLORS: GREEN = WEEKLY & GREATER ---- BLUE = DAILY ---- PINK = H4 ---- PURPLE = H1 CHART LINES AND ARROWS: SOLID = PAST...

marttrader Updated  Dec 20, 2018

There are my levels for the market to go down. CHART COLORS: GREEN = WEEKLY & GREATER ---- BLUE = DAILY ---- PINK = H4 ---- PURPLE = H1 CHART LINES AND ARROWS: SOLID = PAST MOVE ---- DOTTED = ANTICIPATED MOVE MY TRADING STYLE I took a lot of time learning Elliot waves and it changed the way I look at charts. It’s much clearer when you know where the market is...

marttrader Updated  Dec 20, 2018

Good morning, there are the levels to watch this morning if the market goes up. CHART COLORS: GREEN = WEEKLY & GREATER ---- BLUE = DAILY ---- PINK = H4 ---- PURPLE = H1 CHART LINES AND ARROWS: SOLID = PAST MOVE ---- DOTTED = ANTICIPATED MOVE MY TRADING STYLE I took a lot of time learning Elliot waves and it changed the way I look at charts. It’s much clearer...

marttrader Updated  Dec 19, 2018

The perfect reversal level would be 2575 as it's the high of yesterday and a good Fib target, 100% of the consolidation and 61.8% of the last impulse up, using Fib extended levels. Wait and see if we reach the level and what happens there. CHART COLORS: GREEN = WEEKLY & GREATER ---- BLUE = DAILY ---- PINK = H4 ---- PURPLE = H1 CHART LINES AND ARROWS: SOLID =...

marttrader Dec 19, 2018

This chart is too attractive, a beauty. The way I see the currencies market is they are always consolidating long term, no major currency will never go to 0, so they are always consolidate. USDCAD looks so good for a long term short. The chart is telling everything. CHART COLORS: GREEN = WEEKLY & GREATER ---- BLUE = DAILY ---- PINK = H4 ---- PURPLE = H1...

marttrader Dec 18, 2018

In this chart, according to my trading style and to Fibbonacci, IF the sell off continue at this pace, we could see those levels coming soon. They are the levels mostly reached with violent impulses. We also could see a long consolidation again. In my opinion, the sell off will continue and if it reach 2278, it will be roughly a 24% move down from the top, at...

marttrader Updated  Dec 18, 2018

The chart is clear. Will it go right now? CHART COLORS: GREEN = WEEKLY & GREATER ---- BLUE = DAILY ---- PINK = H4 ---- PURPLE = H1 CHART LINES AND ARROWS: SOLID = PAST MOVE ---- DOTTED = ANTICIPATED MOVE MY TRADING STYLE I took a lot of time learning Elliot waves and it changed the way I look at charts. It’s much clearer when you know where the market is...

marttrader Dec 17, 2018

We have a beautiful chart this morning suggesting that Silver short could be good. To level to enter. My profit target 14.50, if I am right, should be reached today. CHART COLORS: GREEN = WEEKLY & GREATER ---- BLUE = DAILY ---- PINK = H4 ---- PURPLE = H1 CHART LINES AND ARROWS: SOLID = PAST MOVE ---- DOTTED = ANTICIPATED MOVE MY TRADING STYLE I took a lot...