| PLEASE NOTE: Prediction uploaded 10-15 minutes before the open.The prediction is an impression of how the intraday chart may turn out today.The prediction is based on a theory that the intraday chart patterns repeat in a sequence.However,sometimes the pattern will 'invert' (appear upside down) or a part of it may invert.Therefore you should not base trading decisions purely on these predictions even though they are often very similar to the actual chart on the day,but perhaps attempt to incorporate them into your existing strategy. Many traders know that there are patterns that repeat in all timeframes.The patterns repeat because traders are human and human behaviour doesn't really change.If you believe this to be true then it is not a big step to believe that an entire intraday chart can repeat.I believe that they repeat in a sequence which is why they form a part of my trading decisions. I would add that since most traders appear to use the same freely available indicators,and most traders lose (up to 90% according to whose figures you believe) it maybe worthwhile attempting to think 'outside the box'.Of course,many successful traders do use indicators.You may judge for yourself whether this is an area worthy of further investigation. FREE LIVE CALLS INVERSIONS STRATEGY HOME LEAVE A COMMENT |
| Expecting mixed trading today with the earnings reports and a probable 11-11.30am cycle turn |
| The story here is an inversion between 10.30 and 12.30-the rest of the prediction was correct and importantly,there was a definate cycle turn around 11am as predicted |
| This is how the pattern looked last time it appeared and i haven't made any changes to it as it seems to fit in with todays trading so far (10.18am) |
| The result is a lot closer than it first appears.The intraday range today was much bigger which tends to smooth out the chart. Both charts show a markup in early trading with the high at 1.30pm with profit taking from that point into the close. |
| This is how the pattern looked last time it appeared i have uploaded this prediction very late today (mid day) and so far it is looking similar |
| Well, i am constantly amazed by this phenomena,its the best piece of research in nearly 3 years of full time studying the market |
| We didn;t quite make it back into positive territory and the reversal from the lows came an hour later than indicated otherwise the prediction was close.I drew the prediction above as an inversion to how it appeared last time and that was the correct interpretation |
| I dont think there is much doubt that the patterns do repeat,of course,you wouldn't expect it to be a carbon copy but definately another tool a trader can use |
| Reasonably close today,all you had to do was sell the early high and hold all day or you could have bought previous resistance (1364) which is now support and the market has held above there closing at 1367 |
| Last time this pattern appeared the market opened up then drifted higher. An inversion would mean the opposite (open down,drifting lower) However i have drawn it up,then drifting lower and so far (at 12.06pm) that prediction is the correct one,meaning the open was as last time but the rest of the day will be an inversion-(down) |