I had my fair share of profitable adventures with my linemen when
dealing with 3rd or 2nd Liners. And I think it's about time I wrote
and shared it to you guys.
Let's start it off with
"The Zeus' Strike!"
The only lightning strike you'll be wanting to catch.
dealing with 3rd or 2nd Liners. And I think it's about time I wrote
and shared it to you guys.
Let's start it off with
"The Zeus' Strike!"
The only lightning strike you'll be wanting to catch.
Now whenever my linemen, the moving averages, like the 20MA or the 50MA go below prices,
I noticed that most of the time, a short term rally happens.
But when the 100MA dives under the prices,
It takes the rally into another whole new rampaging level!
Now I don't know how you call it in your village, but I call it Zeus'
Strike because of that Blue 100MA that kinda reminds me of Zeus'
Lightning bolt strikes that sends things flying whenever it hits the ground.
Just like this Fulgarite:
When you see the 3 moving averages in this order :
where 20MA > 50MA > 100MA,
That means the Alignment of the Stars have favored the Bulls.
And we can all sit tight and start counting our growing profits.
These lines and parameters are the Trend Follower's Favorite.
. . .
But I also remember some scenes where the alignment caused
"FREE-DOOM!"
"We're Screwed!"
You can Call this "The Reverse Alignment"
And yes, there's also A Reverse Zeus' Strike.
But when dealing with 3rd liners (and some jockeyed 2nd liners),
it is sometimes important that you also watch its weekly chart.
Not all 3rd liners can sustain big and long runs.
So by doing this, you'll be able to get hints if a Zeus' Strike
or The Alignment Of The Stars is a sign of more God Smitin',
Mayan Ass Whopping, Price Action in the days to come!
I noticed that most of the time, a short term rally happens.
But when the 100MA dives under the prices,
It takes the rally into another whole new rampaging level!
ZHI Daily Chart |
Now I don't know how you call it in your village, but I call it Zeus'
Strike because of that Blue 100MA that kinda reminds me of Zeus'
Lightning bolt strikes that sends things flying whenever it hits the ground.
"Smite that downtrend my brother and bring my ipitsky position to life!" |
Just like this Fulgarite:
Posted by Ken Smith from Australia
A lighting strike in the sand has melted the sand along the fingers of electricity
and then wind has blown the sand away leaving incredible sculptures.
and then wind has blown the sand away leaving incredible sculptures.
Taken From http://natgeotv.com.au/natgeosnap/3321-fulgarite.aspx
I heard these things are worth a lot of moolah!
Well . . .
So when you see that 100MA getting close to the prices,
you better be locked and loaded.
. . .
On to the next shall we?
"The Alignment Of The Stars"
I'm sure this isn't the first time you've heard about this right?
I've heard and seen this a lot in movies. And they say that this
phenomenon usually brings "Good Fortune"
Well . . .
"Damn Right Mortals" |
So when you see that 100MA getting close to the prices,
you better be locked and loaded.
. . .
On to the next shall we?
"The Alignment Of The Stars"
I'm sure this isn't the first time you've heard about this right?
I've heard and seen this a lot in movies. And they say that this
phenomenon usually brings "Good Fortune"
When you see the 3 moving averages in this order :
where 20MA > 50MA > 100MA,
EEI Daily Chart |
That means the Alignment of the Stars have favored the Bulls.
And we can all sit tight and start counting our growing profits.
These lines and parameters are the Trend Follower's Favorite.
"The gods have given us an UPTREND!" |
. . .
But I also remember some scenes where the alignment caused
"FREE-DOOM!"
"Look my king! The stars are foretelling of some shiny Mayan asses getting whopped later!" |
NI Daily Chart |
"We're Screwed!"
You can Call this "The Reverse Alignment"
And yes, there's also A Reverse Zeus' Strike.
But when dealing with 3rd liners (and some jockeyed 2nd liners),
it is sometimes important that you also watch its weekly chart.
Not all 3rd liners can sustain big and long runs.
So by doing this, you'll be able to get hints if a Zeus' Strike
or The Alignment Of The Stars is a sign of more God Smitin',
Mayan Ass Whopping, Price Action in the days to come!
ZS = Zeus' Strike
When 100MA Dives Under Prices
AOTS = Alignment Of The Stars
20 MA > 50 MA > 100 MA
(Click Images To Enlarge)
(Click Images To Enlarge)
Additional Notes
In the case of Blue Chips and fundamentally sound 2nd Liners,
ZS and AOTS in the Daily Chart is enough.
Additional Charts
(2nd Half 2015)
Click Images to Enlarge.