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Daytraders Intraday Time and Cycles 3/7


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#21 SemiBizz

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Posted 07 March 2018 - 02:34 PM

It's probably Daylight Savings Time coming up that has it messed up...

 

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What a concept... Save Daylight...

 

We could light farts too and save matches...

 

yes.gif


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#22 Rocketman

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Posted 07 March 2018 - 02:38 PM

In emotional markets (as today), the ideal intraday cycle Lows and Highs gets stretched, we should still see a last hour High


Edited by Rocketman, 07 March 2018 - 02:40 PM.


#23 ryanoo

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Posted 07 March 2018 - 02:53 PM

In emotional markets (as today), the ideal intraday cycle Lows and Highs gets stretched, we should still see a last hour High

How does tomorrow look?  Trump is set to 'formally' sign his tariff plan.  another low early in the morning?



#24 SemiBizz

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Posted 07 March 2018 - 03:15 PM

So the News is...

 

White House softens stand on Tariffs...

 

"some exemptions"


Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

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#25 saltlake

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Posted 07 March 2018 - 03:53 PM

Pretty impressive Rocket, the low this morning off of the the first bar was easy to play according to your script, the afternoon a little trickier but definitely playable.

#26 Rocketman

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Posted 07 March 2018 - 04:03 PM

 

 

There is an 80% chance we see a last hour High of Day (HOD).

 

4.00 pm Final result: 

 

5%2Bmin%2Bspx.gif

 

From the 2.00 pm CIT Low, we saw an 18 SP rally into a last hour 3.50 pm High of day, filling the morning's Gap.

 

This rally was supported by the daily Cycles as the MC was looking for a 3/2 swing Low and we remain in a volatile rally phase into the next swing High.

 

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