Heading back into the range?If the 151 low holds this is potential a great play back into the range area near the earnings gap at 206. As long the overall market holds up and volatility continues toward 20 and below SPLK might be able to make an advance
Algotrading
Only clear skies ahead?Our range play has turned into a full continuation phase to the upside. We couldn't have predicted this strong of a bounce it has even outperformed AMZN. I could list a series of "fundamental stories" for why it has had a great run but when you trade with a model you don't have any. As long as shop holds above its previous range state and the net up vs down volume stays positive we will continue to hold.
Sell Signal: 3628.50Stop: 3730.00
Just as with the DJIA the model is picking up a potential reversal back into the previous range. At minimum this will hedge our long stock exposure
Finally a further move to the downsideAfter getting stopped out once trying short earlier this month, our most recent short is finally making some progress. A reminder to stick to your process and always be patient. There is never anything wrong with being stopped out because it allows you to re enter a position at a better level no matter what your strategy is.
Ingenuity Trading Model is an algorithm used in- Stock, Forex, Futures, and Crypto markets. The model is a Geometric Markov Model : Focuses on reversal and continuation wave structures
In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal sine wave structure you can find on any chart you look at across any market and across all time dimensions.
Our model focuses on the current sine wave formation (current state)- geometric price formation along with its volume and volatility over a given time period and using that information to predict the future state- future price movement. For questions or more information feel free to contact me in the comment section or via private chat
Buy Signal: 0.6976Stop: 0.6885
First target: 0.7100
Adding to out long Canadian dollar exposure this time against the swiss franc. Our model continue to point to further gains and possibly a breakout higher out of this range it has been in for months now.
Ingenuity Trading Model is an algorithm used in- Stock, Forex, Futures, and Crypto markets. The model is a Geometric Markov Model : Focuses on reversal and continuation wave structures
In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal sine wave structure you can find on any chart you look at across any market and across all time dimensions.
Our model focuses on the current sine wave formation (current state)- geometric price formation along with its volume and volatility over a given time period and using that information to predict the future state- future price movement. For questions or more information feel free to contact me in the comment section or via private chat. To view the entire portfolio and track our performance visit our site.
Sell Signal: 1.7188Stop: 1.7300
Looking for the down wave to continue and test recent lows
Ingenuity Trading Model is an algorithm used in- Stock, Forex, Futures, and Crypto markets. The model is a Geometric Markov Model : Focuses on reversal and continuation wave structures
In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal sine wave structure you can find on any chart you look at across any market and across all time dimensions.
Our model focuses on the current sine wave formation (current state)- geometric price formation along with its volume and volatility over a given time period and using that information to predict the future state- future price movement. For questions or more information feel free to contact me in the comment section or via private chat
Potential continuation? The jets etf and many of the airlines within it have broken out of there previous range state and now appear to be in an expansion or continuation phase. If price can hold above 20 then you can imagine the next move for the sector is back toward 2020 highs.
BANKNIFTY Strategy for 21st November, 2020Higher Time Frame Analysis -
4 HR - Clear channel formed
Major Trendline Broken - In effect from 13 November, 2020
1 HR - 30584 acting as dynamic support
For a gap up opening - Clear no trade zone between 30800-30940, long only above this channel
For a flat opening - 30615-30580 as support, and short below it till the lower end of the 15 min trendline
For gap down opening - Clear no trade zone - 30435-30360, and short below these levels
Bias towards a neutral to negative market due to the breakdown of the 4HR trendline and entering a narrow channel
HAPPY TRADING!
Potential bounce? As FXI enters back into its previous range this could be setting up for a continuation to new highs. The previous range was over 4 months and this is the first retest so barring a downtown in global markets the index should at minimum see a bounce
Buy Signal: 213.06Stop: 202.00
Looking for continuation out of range. Another healthcare addition to the portfolio and a non correlated stock to the broader economy
Buy Signal: 28.90Stop: 28.00
We see potential continuation out of this broad range. We have tight stop so this is more of a momentum play by the model.
Buy Signal: 215.05Stop: 205.00
Model range play back toward highs.
Ingenuity Trading Model is an algorithm used in- Stock, Forex, Futures, and Crypto markets. The model is a Geometric Markov Model: Our model focuses on the transitions between 3 geometric states- Range, Continuation, and Reversal
In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal sine wave structure you can find on any chart you look at across any market and across all time dimensions.
For questions or more information feel free to contact me in the comment section or via private chat. To view the entire portfolio and track our performance visit our site.
Buy Signal: 196.50 Stop: 189.00
Model picking up a continuation signal out of the previous range state.
Ingenuity Trading Model is an algorithm used in- Stock, Forex, Futures, and Crypto markets. The model is a Geometric Markov Model :Our model focuses on the transitions between 3 geometric states- Range, Continuation, and Reversal
In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal sine wave structure you can find on any chart you look at across any market and across all time dimensions.
For questions or more information feel free to contact me in the comment section or via private chat. To view the entire portfolio and track our performance visit our site.
Buy Signal: 21.80Stop: 21.00
Model picking up a potential reversal signal. Hoping for the 25.00 area
Ingenuity Trading Model is an algorithm used in- Stock, Forex, Futures, and Crypto markets. The model is a Geometric Markov Model : Focuses on reversal and continuation wave structures
In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal sine wave structure you can find on any chart you look at across any market and across all time dimensions.
Our model focuses on the current sine wave formation (current state)- geometric price formation along with its volume and volatility over a given time period and using that information to predict the future state- future price movement. For questions or more information feel free to contact me in the comment section or via private chat
MULTIBAGGER SMALL CAPBuy above weekly closing of 41.50-42
SL - Daily close below 37.20
T1 - 48.35
T2 - 58.35
ALGO.USDT (Y20.P5.E1.v2).One of the good onesHi All,
This is a continuation from the previous post, link below.
OBSERVATIONS:
> Structure and momentum after the bounce
> Fib levels
> Previous fractal
> Bullish indicators on the daily
Just seems to be winding up for a 1, 2, 3 impulse.
How to trade this?
Buy either at the buy zone below otherwise, wait for it to break the micro formation and daily closes above the daily resistance.
All the best,
Regards,
S.SAri
DAILY Chart
4 HRLY Chart
WEEKLY Chart
Buy Signal: 80.53Stop: 69.00
We are looking for a continuation toward 52 weeks highs after settling above the previous range state (highlighted box). Litecoin has lagged Bitcoin and has a long way to go to the upside if this recent surge in crypto assets holds and advances
Buy Signal: 50.77Stop: 48.00
Looking for a continuation trade toward highs and would be invalidated below 48.00
Buy Signal: 11.61Stop: 11.00
Our model is signaling a continuation trade back up toward 52 week highs. As long as price holds above the most recent range this could be a great play going into the end of the year
