Swing trading with Andrew's pitchforks and volume analysis journal

nice HnS pattern with some divergence on this overextended market 6 pts or so.

some good divergence with reversal follow through taking out pivot in CL

there's some buying on the dip but looks like we are overbought on the histogram...

still some buying on the dip in gold half off at top of flag formation about 220 ticks

reversal confirmed now in cl bar never closed down still trailing second half about 70 ticks now in oil.

gc 8hr chart next channel projection about 1309

gold still moving higher 260 ticks or so now, nasdaq retracing to prior tops at 3785 filled on half just trailing there now...great day today CL still positive on last half as well.

just trailing oil now up to next resistance are 80 ticks or so now on last half all out now in nasdaq...may be a good place to buy if we hold here.

pulling the plug here at resistance area about 90 ticks or so...all done for the day

Was stopped out long in oil in the overnight ...re-entered and got it all back, still open 1 contract gold 250 ticks or so

Here's my trade setup for long oil today...divergence TL break long on the entry chart, higher time frame showing good frequency on the quartiles resistance becomes support.

Close up on oil on 60min and renko chart looks like there may be a stop run in place at the top of the flag formation...sharp V top hard to take that...

Here's one way I like to use an oscillator in a strong trend like this in gold...you can measure how much higher in price (in uptrend) from one cycle low to the next...Keep in mind a cycle low is only valid if it makes a new high after...at some point the market will over-correct usually with some divergence in the background and make a lower high finally...that would be time to exit or tighten your stop.

case in point...out now but I think you get the idea

Thank you for sharing .

Sure this is how it looked in nasdaq today...

Some new upsloping lines I'm watching...would like to see a new high pivot on the open for confirmation to hold for a bit..

gold long playing out very nicely partial profit taken at 1315.8 90 ticks or so on the second half now..

current open trades all done for the day looking very slow nothing else to do here...have a good weekend, good trading all

filled on half cl 25 ticks or so same for nq about 5 pts. Just trailing the rest now