Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

walterw

Timing Alternatives

Recommended Posts

Hello my dear fellow traders.... this will be a simple thread where I will start to discuss some of the simple timing methods I use and have in consideration...

 

Its no brainer and its nothing new at all... but may be very nice to give some light for newbies in terms of how to organize their "click" moment...

 

Timing for me is the click moment when you press you mouse button and send an order on your dom... trading soft etc...

 

but timing can also be more than that, its your straregy of "when" "where" on the entire price action picture you do enter a trade... thats an entire arena that will depend on the type of strategy you will trade...

 

In this little compendium, the idea actually is to give some hints on how to enter a trade based on x simple criteria... previous to that you actually need a setup... I am NOT discussing setups on this thread at all, just diferent type of timings that you can use "After" an x given setup...

 

so there we go.... I am not being 100% active as before, so be patient for answers in case of questions.... cheers Walter.

Share this post


Link to post
Share on other sites

Markets are permanently doing "pivots"... that famous "V" shape... so you can use those V`s to organize your timing moments...

 

For example lets deal with two scenarios where we can take two diferent types of timing methods :

 

1) The Pivot Swing Timing

 

attachment.php?attachmentid=5311&stc=1&d=1203978755

 

in this case you enter a trade with the criteria of swinging an x pivot... some kind of a break trader...

 

2) The Pivot Inflection Timimg

 

attachment.php?attachmentid=5312&stc=1&d=1203978755

 

 

In this case you are timing right on the V formation actually, you can use averages crossing themselfs or oscillators crossing levels like I use to do with cci... ( you may want to check the flip thread, lots of cci timing examples there)...

 

So those are two types of timimg methods you may use acording to your strategy needs... cheers Walter.

5aa70e406e0a9_swingpivottiming.thumb.png.e28ee7c06edf7568c655328e6c5529a0.png

5aa70e407526e_pivotinflectiontiming.thumb.png.7a50f61897a798e07461838e610a4731.png

Share this post


Link to post
Share on other sites

Thank you very much for starting this thread Walter. I am very interested in the various timing methods traders use to enter trades. $TICK is one of them for me but I also use the 10 period CCI on a 5min to time entries. Will look forward to reading about your techniques.

Share this post


Link to post
Share on other sites

Wow lol long time since i posted up here! I'm not an afficionado on indicators so can you explain how an oscilator like the CCi differs from the MA crossovers? I understand the MA crossovers and used them like almost everyone when I first ever started trading but quickly found them to be lagging so dropped them except on my long term swing trades.

What are the advantages of using your timing with a CCi?

Share this post


Link to post
Share on other sites
Wow lol long time since i posted up here! I'm not an afficionado on indicators so can you explain how an oscilator like the CCi differs from the MA crossovers? I understand the MA crossovers and used them like almost everyone when I first ever started trading but quickly found them to be lagging so dropped them except on my long term swing trades.

What are the advantages of using your timing with a CCi?

 

I use CCI hooks to wait for price retracement. If I see a long setup I am reading price bars and volume but will have a tendency to wait until the CCI is hooking upwards. (similar to how I use TICK) I use CCI only for this purpose.

Share this post


Link to post
Share on other sites
Thank you very much for starting this thread Walter. I am very interested in the various timing methods traders use to enter trades. $TICK is one of them for me but I also use the 10 period CCI on a 5min to time entries. Will look forward to reading about your techniques.

 

I use CCI hooks to wait for price retracement. If I see a long setup I am reading price bars and volume but will have a tendency to wait until the CCI is hooking upwards. (similar to how I use TICK) I use CCI only for this purpose.

 

 

I asume James you are using the cci hook at the end or almost at the end of the bar... is that the case ?

 

 

cheers Walter.

Share this post


Link to post
Share on other sites
Wow lol long time since i posted up here! I'm not an afficionado on indicators so can you explain how an oscilator like the CCi differs from the MA crossovers? I understand the MA crossovers and used them like almost everyone when I first ever started trading but quickly found them to be lagging so dropped them except on my long term swing trades.

What are the advantages of using your timing with a CCi?

 

NIck in terms of average crossovers, not any regular averages... I use a combo of hull with sma... you also have the vma aproach as well...

 

cci can be leading and readings can be very simple... but the final product is very similar...

 

Remember that if the setups concepts are not the right ones, even on good timing methods you will lose money... you first need good setups and then implement the timing method that suits your personality... cheers Walter.

Share this post


Link to post
Share on other sites

Thanks Walter and Soultrader...could either or both of you post a pic of an entry showing your timing. It would be good to see the CCI and $Tick...

 

So is the CCI (or $Tick) signalling the end of the retracement?

Share this post


Link to post
Share on other sites

Another idea Walter that kind of piggybacks on yours is to use simple support/resistance areas. For example - as price breaks a level, look for a reason to either go with the break or anticipate a false break.

 

Here's an example from today:

 

attachment.php?attachmentid=5316&stc=1&d=1204042935

 

Here you can see an obvious box from the open till about 10:50am.

 

And then blast off on the 10:51 candle that breaks the zone like it wasn't there.

 

As the saying goes - old resistance becomes new support.

5aa70e4089343_tles.png.a4323d1694147224b538aace7b4aba12.png

Share this post


Link to post
Share on other sites

In the example I posted above, if you waited for a test of the old resistance/new support level, you'd be up a nice little profit currently.

 

Entry: approx 1371

Current: 1378

 

Idea being using obvious support/resistance zones for reasons to look for trade - either on the break OR level being held and then use whatever you use to time your entries. Here, good old candlesticks gave us at least 3 opportunities to get long.

Share this post


Link to post
Share on other sites

Nice nice charts as usual Brown ¡¡ on this case you whent right into posible setups... on my vocabulary the two type of setups you refer to, would be "coil break" and "flip"... the coil break was the break of that wonderfull rectangle (coil) and the flip would be the re-test of old S&R levels....

 

Thru candles we can have a complete new set of simple timing methods as also discussed on the corner... one is the close itself of a key candle on a key area setup... the other can be the swing high/low of a key candle on a key level setup... NOW... adding candles to price action readings as Brown gave us this powerfull examples can be one of the most simple and yet efective way to trade the markets....

 

the setups : coil breaks, false breaks, flips, continuations, extreme reversals are just a few to mention on the setup world that can be so well detected thru the powerfull candle aproach... thanks Brown for great inputs ¡¡ as always it is a pleasure to interact with you ¡¡ more insights will be strongly apreciated ... cheers Walter.

Share this post


Link to post
Share on other sites

OK let me add a very small detail I am actually using on my timing that can give you a very interesting edge... this is on the case of a "pivot swing" timing... remember I am a scalper myself so its viewed from a scalper point of view, but may also be tested on diferent time frames...

 

on this case you have the pivot swing type of timing being slightly modified... instead of taking the first break, you may want to take the trade on the second attempt... this way you can avoid false breaks and have more confidence on the entry...

 

on this chart you can see the concept :

 

attachment.php?attachmentid=5319&stc=1&d=1204119974

 

and a real world example :

 

attachment.php?attachmentid=5320&stc=1&d=1204120159

 

screen time is the best way to see this timing edge... normally you get a small bounce before doing the real break...

 

ok... thats my latest 2 cents, cheers Walter.

5aa70e409989d_2ndatemptswingpivottypetimimg.thumb.png.1a94c7c6aa77ae64d8686fb389e1eb72.png

example.thumb.png.89b409cf77ad33fd752f74a780b1feea.png

Share this post


Link to post
Share on other sites
Here's another one that formed today Walter:

 

attachment.php?attachmentid=5324&stc=1&d=1204136304

 

 

The key for me here is to see OBVIOUS Support/Resistance and then consider a play until it fails. And it WILL fail sooner or later.

 

Nice one Brownsfan. Excellent opportunities for rangebound trading after the initial move up. Notice the stopping volume at the 5min WRB also. Showing clear selling.

 

Note: Also the resistance is teasing the VAH and previous day high level. Good level to play.

Share this post


Link to post
Share on other sites
Nice one Brownsfan. Excellent opportunities for rangebound trading after the initial move up. Notice the stopping volume at the 5min WRB also. Showing clear selling.

 

Note: Also the resistance is teasing the VAH and previous day high level. Good level to play.

 

All sorts of things to consider James!

 

I did not know that VAH and PDH was there as well. The more, the merrier!

Share this post


Link to post
Share on other sites
And another from today Walter:

 

3 Min ES chart from 2-27-08 AM session

 

attachment.php?attachmentid=5321&stc=1&d=1204127226

 

good good good... so we have in this case a piercing pattern right on old resistance new support (flip)... in terms of "timing" would the swing of the high of the piercing pattern be the place to enter ( above the high of the green candle )... or other alternatives ? thanks Brown.

Share this post


Link to post
Share on other sites
good good good... so we have in this case a piercing pattern right on old resistance new support (flip)... in terms of "timing" would the swing of the high of the piercing pattern be the place to enter ( above the high of the green candle )... or other alternatives ? thanks Brown.

 

Walter - there's a few ways to enter:

 

1) Aggressive - have a resting order there to buy.

2) Buy @ close.

3) Buy above the high.

 

Just depends on how quick you want to get in, of course knowing that you can take some heat, esp. on resting orders.

Share this post


Link to post
Share on other sites

Brown,

 

I'm curious as to why you would not take a trade long on the test of the red candle with the long wick/shadow. What is it you are watching/looking for etc. If it were me, I would have thought I missed the trade after if broke 74.75 and tested it and went on up to 80.75, or I would have chased. Thanks

 

David

Share this post


Link to post
Share on other sites
Brown,

 

I'm curious as to why you would not take a trade long on the test of the red candle with the long wick/shadow. What is it you are watching/looking for etc. If it were me, I would have thought I missed the trade after if broke 74.75 and tested it and went on up to 80.75, or I would have chased. Thanks

 

David

 

I'm guessing you are referring to this one (screenshots help when trying to explain one candle when I've posted 2 different charts):

 

attachment.php?attachmentid=5326&stc=1&d=1204204009

 

On that hammer, you could long there for sure.

 

And depending on how you enter, you may or may not have been filled. From that point forward, it's about trade management.

5aa70e40be8ad_tles.png.c93e3c6473f66e9246714fcbeb185d1c.png

Share this post


Link to post
Share on other sites
Walter - there's a few ways to enter:

 

1) Aggressive - have a resting order there to buy.

2) Buy @ close.

3) Buy above the high.

 

Just depends on how quick you want to get in, of course knowing that you can take some heat, esp. on resting orders.

 

 

yeap, I see and obviously that will give diferent RRR`s as well...

 

cant get more clear than that... thanks Brown.

Share this post


Link to post
Share on other sites

well nice setup and timing thru candles and key S&R levels presented by Brownsfan... the Flip (S&R changing roles) is a very simple way to aproach the markets, in this case its interesting to see it on a 3 min scale...

 

I add this chart wich has one of Browns examples, notice on the same day how we got another clear flip on ES

 

attachment.php?attachmentid=5333&stc=1&d=1204239881

 

 

for more concepts on flips this thread http://www.traderslaboratory.com/forums/f34/the-flip-trade-support-and-resistance-1714.html it has some good info, now it is more a scalper type trading, on 3 min we can go for more longer trades...

 

another example :

 

attachment.php?attachmentid=5334&stc=1&d=1204240264

 

maybe we should start a ES candle flip thread... cheers Walter.

5aa70e40f1bb8_flipsonES.thumb.png.d34cbd84266dea9032f613f9fc47d51e.png

5aa70e41082a6_flipsones2.thumb.png.1bcbf1ce41e5ec29ea94f8a5c6e1401c.png

Share this post


Link to post
Share on other sites

maybe we should start a ES candle flip thread... cheers Walter.

 

Hi Walter,

 

well, I think that you don't know me yet, but I really like your work here (just to all others, that I don't mention here, here are a lot of very good people).

 

Currently, I've implemented some of your ideas. So far mostly the indicators (and the developers will be remembered, thanks a lot).

 

Anyway, while I was watching my current chart today (1000 tick, 2000 tick, it really doesn't matters), I saw a long, long flip for scalping to the short side at, lets say, 1368.00.

 

Yes, maybe you should start a new thread.

 

I would really appreciate it.

 

 

Regards,

 

Hal

 

P.S.: And I have to say thank you anyway.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • Date: 4th April 2025.   USDJPY Falls to 25-Week Low as Safe Havens Surge and Markets Eye NFP Data.   Safe haven currencies and the traditional alternative to the US Dollar continue to increase in value while the Dollar declines. Investors traditionally opt to invest in the Japanese Yen and Swiss Franc at times of uncertainty and when they wish to avoid the Dollar. The Japanese Yen continues to be the best-performing currency of the week and of the day. Will this continue to be the case after today’s US employment figures?   USDJPY - NFP Data And Trade Negotiations The USDJPY is currently trading at a 25-week low and is witnessing one of its strongest declines this week. The exchange rate is no longer obtaining indications from the RSI that the price is oversold. The current bullish swing is obtaining indications of divergence as the price fails to form a higher high. Therefore, short-term momentum is in favour of the US Dollar, but there are still signs the Japanese Yen can regain momentum quickly.       USDJPY 1-Hour Chart     The price movement of the exchange rate in both the short and long term will depend on 3 factors. Today’s US employment data, next week’s inflation rate and most importantly the progress of negotiations between the US and trade partners. If today’s Unemployment Rate increases above 4.1%, the reading will be the highest seen so far in 2025. Currently, the market expects the Unemployment Rate to remain at 4.1% and the Non-Farm Payroll Change to add 137,000 jobs. The average NFP reading this year so far has been 194,000.   If data does not meet expectations, US investors may continue to increase exposure away from the Dollar and to other safe-haven assets. Previously investors were expecting only 2 rate cuts this year from the Federal Reserve, however, most investors now expect up to 4. If today’s employment data deteriorates, economists advise the Federal Reserve may opt to cut interest rates sooner.   Therefore, it is important to note that today’s NFP will influence the USDJPY to a large extent. Whereas in the longer-term, trade negotiations will steal the spotlight. If trade partners are able to negotiate the US Dollar can correct back upwards. Whereas, if other countries retaliate and do not negotiate the US Dollar will remain weak.   USDJPY - The Yen and the Bank of Japan The Japanese Yen is the best-performing currency in 2025 increasing by 6.70% so far. Risk indicators such as the VIX and High-Low Indexes continue to worsen which is positive for the JPY as a safe haven currency.   Yesterday Japan released March business activity data that came in weaker than expected: the Services PMI dropped from 53.7 to 50.0, while the Composite PMI fell from 52.0 to 48.9. The data is the lowest in two years. These figures could hinder further interest rate hikes by the Bank of Japan. However, most economists still expect the Bank Of Japan to hike at least once more. It's also important to note, that even if the BOJ opts for a prolonged pause, a cut is not likely.   Additionally, a 24% tariff was imposed on Japanese exports to the US yesterday. Prime Minister Mr Ishiba expressed disappointment over Japan's failure to secure a tariff exemption and pledged support measures to help domestic industries manage the impact.   Key Takeaway Points: US Dollar Weakens, Safe Havens Rise: The Japanese Yen and Swiss Franc continue to gain as investors shift away from the US Dollar. USDJPY Under Pressure: USDJPY trades at a 25-week low, with short-term momentum favouring the Dollar but long-term trends pointing to potential Yen strength. NFP and Unemployment Crucial: Today’s Non-Farm Payrolls and unemployment figures will heavily influence short-term USDJPY. On the other hand, trade negotiations will dictate longer-term trends. Japan Faces Mixed Signals: Despite weak PMI data and new US tariffs, the Japanese Yen remains strong. Economists expect at least one more rate hike from the Bank of Japan, but no cuts are in sight. Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Michalis Efthymiou HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • YUM Yum Brands stock, nice breakout with volume +34.5%, from Stocks to Watch at https://stockconsultant.com/?YUM
    • Date: 3rd April 2025.   Gold Prices Pull Back After Record High as Traders Eye Trump’s Tariffs.   Key Takeaways:   Gold prices retreated after hitting a record high of $3,167.57 per ounce due to profit-taking. President Trump announced a 10% baseline tariff on all US imports, escalating trade tensions. Gold remains exempt from reciprocal tariffs, reinforcing its safe-haven appeal. Investors await US non-farm payroll data for further market direction. Fed rate cut bets and weaker US Treasury yields underpin gold’s bullish outlook. Gold Prices Retreat from Record Highs Amid Profit-Taking Gold prices saw a pullback on Thursday as traders opted to take profits following a historic surge. Spot gold declined 0.4% to $3,122.10 per ounce as of 0710 GMT, retreating from its fresh all-time high of $3,167.57. Meanwhile, US gold futures slipped 0.7% to $3,145.00 per ounce, reflecting broader market uncertainty over economic and geopolitical developments.   The recent rally was largely fueled by concerns over escalating trade tensions after President Donald Trump unveiled sweeping new import tariffs. The 10% baseline tariff on all goods entering the US further deepened the global trade conflict, intensifying investor demand for safe-haven assets like gold. However, as traders locked in gains from the surge, prices saw a modest retracement.   Trump’s Tariffs and Their Market Implications On Wednesday, Trump introduced a sweeping tariff policy imposing a 10% baseline duty on all imports, with significantly higher tariffs on select nations. While this move was aimed at bolstering domestic manufacturing, it sent shockwaves across global markets, fueling inflation concerns and heightening trade war fears.   Gold’s Role Amid Trade War Escalations Despite the widespread tariff measures, the White House clarified that reciprocal tariffs do not apply to gold, energy, and ‘certain minerals that are not available in the US’. This exemption suggests that central banks and institutional investors may continue favouring gold as a hedge against economic instability. One of the key factors supporting gold is the slowdown that these tariffs could cause in the US economy, which raises the likelihood of future Federal Reserve rate cuts. Gold is currently in a pure momentum trade. Market participants are on the sidelines and until we see a significant shakeout, this momentum could persist.   Impact on the US Dollar and Bond Yields Gold prices typically move inversely to the US dollar, and the latest developments have pushed the dollar to its weakest level since October 2024. Market participants are increasingly pricing in the possibility of a Fed rate cut, as the tariffs could weigh on economic growth.   Additionally, US Treasury yields have plummeted, reflecting growing recession fears. Lower bond yields reduce the opportunity cost of holding non-yielding assets like gold, making it a more attractive investment.         Technical Analysis: Key Levels to Watch Gold’s recent rally has pushed it into overbought territory, with the Relative Strength Index (RSI) above 70. This indicates a potential short-term pullback before the uptrend resumes. The immediate support level lies at $3,115, aligning with the Asian session low. A further decline could bring gold towards the $3,100 psychological level, which has previously acted as a strong support zone. Below this, the $3,076–$3,057 region represents a critical weekly support range where buyers may re-enter the market. In the event of a more significant correction, $3,000 stands as a major psychological floor.   On the upside, gold faces immediate resistance at $3,149. A break above this level could signal renewed bullish momentum, potentially leading to a retest of the record high at $3,167. If bullish momentum persists, the next target is the $3,200 psychological barrier, which could pave the way for further gains. Despite the recent pullback, the broader trend remains bullish, with dips likely to be viewed as buying opportunities.   Looking Ahead: Non-Farm Payrolls and Fed Policy Traders are closely monitoring Friday’s US non-farm payrolls (NFP) report, which could provide critical insights into the Federal Reserve’s next policy moves. A weaker-than-expected jobs report may strengthen expectations for an interest rate cut, further boosting gold prices.   Other key economic data releases, such as jobless claims and the ISM Services PMI, may also impact market sentiment in the short term. However, with rising geopolitical uncertainties, trade tensions, and a weakening US dollar, gold’s safe-haven appeal remains strong.   Conclusion: While short-term profit-taking may trigger minor corrections, gold’s long-term outlook remains bullish. As global trade tensions mount and the Federal Reserve leans toward a more accommodative stance, gold could see further gains in the months ahead.   Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Andria Pichidi HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • AMZN Amazon stock, nice buying at the 187.26 triple+ support area at https://stockconsultant.com/?AMZN
    • DELL Dell Technologies stock, good day moving higher off the 90.99 double support area, from Stocks to Watch at https://stockconsultant.com/?DELL
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.