Compare & Contrast with Christopher Lewis
- Thread starter expiated
- Start date
The guy is trying to say that you can combine FA with TA on an intraday cycle of a few hours. It is impossible to navigate. Recall what happened the last time Powell spoke.
Cliffs please.
My trading computer is off. Just look at about 3 or 4 Wednesdays ago When Powell gave his tale at the Economic Forum. The markets went so apeshit that day.
Ok, I'll take a look at the Vid myself then lol
Another scenario which will constitute one of the MAIN structures I'll regard as prime setup material is represented by the lower panel in the image below. It's when the River Current and/or Local Canal are flowing in one direction (as indicated by the gray and dark khaki histograms) and the intraday trend lines and/or trend channel pull back in the opposite direction (as indicated by the blue and black oscillators).
A few such potential trade setups/opportunities are highlighted in the image above by the green and red boxes. These opportunities should present themselves much more frequently than ventures to the "wrong side" of the global belt, as described in Post #397.
Last edited:
Forecast from a Four-hour Perspective...
Since landfall for AUDJPY is ultimately to the north, should the rate happen to suddenly take a plunge, it will become a strong buy candidate.
Given that landfall for EURJPY is also to the north, with the four-hour baseline currently headed south, this pair will also become a candidate for a long position as soon as the four-hour measure reverses direction. The same is true of GBPJPY, USDCHF and USDJPY. In fact, GBPJPY might already be attempting such a move.
Landfall for AUDUSD is to the south, but the four-hour baseline is currently (gently) headed north. This pair is therefore a (mild) candidate for a short position as soon as the four-hour measure reverses its sentiment/bias. The same is true of EURUSD and GBPUSD.
Landfall for EURGBP is more-or-less equatorial, and though currently bullish, USDCAD already came out of a pullback about twelve hours prior to last week’s close. However, given that it spent the last five hours of the week in descent, it could very well offer a second buy opportunity shortly after this week’s open.
If any of the above forecasts play out, the safest trades to make would be to enter positions in the direction of the one-hour trend as rates are coming out of temporary pullbacks inside the Local Canal and/or inside the River Flow, which can best be observed on 15-, five- and one-minute charts.
The original idea behind this thread was to compare and contrast the analysis of Christopher Lewis with, not only my own, but also that of others such as Cristian Moreno, Raman Gill, Brad Gilbert, Jarrat Davis, etc; and to also note the market perspectives of individuals such as AJ Monte, Stephen Whiteside and Peter Reznicek.
However, I’ve become too involved with my own analysis to spend much time comparing it with others. So, for the time being at least, I’ll be using this thread primarily to record my (numerous) thoughts so I can evaluate them later in comparison with what actually unfolds in real time.
However, I’ve become too involved with my own analysis to spend much time comparing it with others. So, for the time being at least, I’ll be using this thread primarily to record my (numerous) thoughts so I can evaluate them later in comparison with what actually unfolds in real time.