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Thestrat

Potential 2Down 2Up Weekly Reversal For HIIPotential 2Down 2Up Weekly Reversal For HII : Per the Strat, this week I'm watching ticker HII (Huntington Ingalls Industries Inc) for a weekly entry trigger at 198.89 (last weeks high). If that trigger is met, I'll look for it to reach a magnitude of 202.85 (week before last weeks high). If it can reach magnitude, then it could also continue up to previous highs. Just look out for a reversal if it continues up after the original 202.85 magnitude.
NYSE:HII
by Whooski
Potential 2Down 2Up Weekly Reversal For HPE Potential 2Down 2Up Weekly Reversal For HPE : Per the Strat, this week I'm watching ticker HPE (Hewlett Packard Enterprise CO) for a weekly entry trigger at 13.60 (last weeks high). If that trigger is met, I'll look for it to reach a magnitude of 14.41 (week before last weeks high). If it can reach magnitude, then it could also continue up to previous highs. Just look out for exhaustion risk to the upside if it continues up after the original 14.41 magnitude.
NYSE:HPE
by Whooski
Potential 2Down 2Up Weekly Reversal For IP Potential 2Down 2Up Weekly Reversal For IP : Per the Strat, this week I'm watching ticker IP (International Paper Co) for a weekly entry trigger at 57.70 (last weeks high). If that trigger is met, I'll look for it to reach a magnitude of 59.13 (week before last weeks high). If it can reach magnitude, then it could also continue up to previous highs. Just look out for exhaustion risk to the upside if it continues up after the original 57.70 magnitude.
NYSE:IP
by Whooski
BTCUSD Waiting for Monthly candle breakBTC could have a big move in either direction. Since the end of the month is less than a week away, I believe it’s wise to wait for a break of the current monthly candle by the candle that hasn’t formed yet which is August’s monthly candle to break in either direction. Currently we have an inside monthly candle. That could change before the month finishes. The green lines represent what an entry would look like if the current monthly candle for July had already closed. Obviously it hasn’t so wherever it closes, you would put green entry lines on the top and bottom of the candle and take your entry on the break. Pink lines above and below represent possible targets.
COINBASE:BTCUSD
by YogaJen
#TheStrat BELUSDT 2-2 Rev Back Into TFC on 45M - Trade Set upNot a trade I am taking as I am getting ready for bed, but this was setting up nicely as an example to show the concept of timeframe continuity, and how we use it with reversals to create winning positions. The idea here is to re-enter after a strong first initial rally then retracement as soon as we see signs of full time frame continuity heading back in the direction of the major trend. We got our first trigger on the 15, which hit its magnitude at the trigger of the 45 min 2-2 reversal. We will see whether it continues to our target. From what I have seen so far, if we can maintain full timeframe continuity without getting stuck in a consolidation, price kind of just goes where it is supposed to. The entry and targets are on the 45 for anyone that wants to check back on this.
Long
by outlier1500
2
#TheStrat 3H 2-2 rev BELUSDT Trade Analysis - Billiard AnalogyA trade I took per Rob Smith's #TheStrat. Been using this strategy for about 2 months, and in that time been adapting my style of trading the strat to the crypto markets. When I entered this trade, I already had several 2-2-2 continuations in force on the 45 ,15, and 30. I entered on the hourly continuation which was triggered by the 2-1-2 continuation on the 5er, this also triggered the 3 hour 2-2 reversal, which was the main trigger I was wanting to trade. You can see on the chart that our first target also happened to be the trigger for the 6-hour 3-2 continuation. This goes back to the billiards analogy that Rob always makes. You always want to be thinking in terms of what other "balls" are you setting up while knocking others in. What does your next 2 create, negate, or do? If you trigger on a lower timeframe, how will that affect your higher timeframes? So this particular trade illustrates that well. We entered using multiple triggers on multiple timeframes, each confirming one another, and we look to trigger more higher timeframe triggers on our way to magnitude.
by outlier1500
BTCUSDT 2-2 Reversal on Daily - Pivot Machine Gun (The Strat)Just a journal entry for a position I took using the strat. Trigger was at 50,680 on the 2-2 reversal to the upside. We had exhaustion on the downside and the hammer gave use our actionable signal on the daily timeframe. Full timeframe continuity to the upside. The series of previous lower lows gives u a pivot machine gun where we will stop out the bears at the the pivots, rocketing us straight up to our targets. Stop was at 49,800 with a target at 56,600, making this a 7.4R trade given we continue the move towards the targets
by outlier1500