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There was this blog https://www.allinthechart.com/ which I started following in the summer. Now its closed to the public. The guy had a much better knack for explaining the material then the original kewltech blog.
There is also the old Spaztik stock planet blog which had some useful info there too.
Re All in the charts. From what have been told, just redressing whats been covered in prior blog to make a dollar but misses the mark. Got idea from another who drank from same cup but also missed the mark.
So best imo to read original info, disect and take away from it WHAT YOU DECIPHER and run with it.
Sad fact is that it is a common theme re lots of charlatans in financial markets because of the $$$ that can be made so there is a never ending supply of possible victims!
I have quite a few journal entries discussing kewltech ideas on my price action trading journal PriceBasedTrading.com.
(Note: there are no ads, nothing for sale and never will be anything for sale there. PriceBasedTrading.com is my personal live futures trading journal).
my biggest hurdle right now is trying to understand the progression and what is to be tested next. Usually levels from the leg we are retracing come into play but sometimes its levels from the previous leg which kind throws me for a loop. I am studying the 1 hour charts on CL trying to piece it together, unless there is no logic in the progression but something tells me there is.
Its always in the CURRENT MOVE/Leg NOW and the move/leg being retraced NOW N HOW IT FITS to/from CURRENT IMPORTANT H/L if those didnt give the IMPORTANT H/L. Just whether ITS BEEN TESTED IN THE NOW or tested in the process of moving from R to S or from S to R n what that did to momo. Built Bearish or bullish momo. Thats what MOST MISS OUT ON. ONCE S OR R IS FOUND, HOW DOES IT FIT W THE BIGGER TF n what has to happen or HAS TO HAVE HAPPENED because of the momo of the move GENERATED BY MOVING TO THAT R OR S N EACH TIME THEREAFTER.
IMO really need to understand how trend/momo works and what really is S/R.
Ok... Here is my analysis for GC for March 20th day.
60 min Chart
1000 CVB Chart
I see a possible test of the 1314 area and support to be found there. It's a historical level that's been in play over the last couple of weeks. Also it looks like its the leg start of this last retracement. Should provide support on first test.
Now in regards to what level to target, this is where I get confused. The next untested support lost from the intermediate leg (Pink Dashed Line) is 1333.5 but there a lot of tested levels on the way which may still provide resistance. I guess this is where the decision needs to be made whether to scalp or not.
