RocketScience: Instantaneous BB

Trading Three Pushes
The three pushes pattern is a trading strategy used to identify potential trend reversals. It involves observing three consecutive price movements (pushes) in one direction, followed by a reversal. The push starts with an impulse (make sure to know what an impulse is), and is confirmed with a low (bullish) testing the median or lower. The pattern is often seen on chart trading and can be applied to various markets, including stocks, forex, and commodities. Look at the arrows. The first push is confirmed by the lows at the median or lower...we count one. The second push extended, and then retraced to the median. This last third push is waiting for a retracement. At this point walk the band. Walking a band is waiting for the price to reach the median...to not exit prematurely.

To trade the three pushes pattern, traders should:

Identify the three pushes: Look for three consecutive price movements in one direction.

Confirm the pattern: Ensure the third push is followed by a reversal in price.

Set entry and exit points: Enter the trade after the third push and exit when the price reverses or reaches a predetermined target.

Trading Inner Quarters
Inner quarters theory is a concept used by traders to identify key support and resistance levels based on whole numbers and quarter points. Notice the chart, the upper inner range is resistance...it is bought through and "stood" on during child retracements. The theory suggests that banks, institutions, and countries use these levels to transact with foreign currencies, making them significant areas of price action.

To trade inner quarters, traders should:

Identify the inner quarters: define by the inner color-fill range.

Look for support and resistance: Identify key levels where the price has previously reversed or consolidated...usually a price reaction near the support or resistance.

Use these levels for entry and exit points: Enter trades at support levels and exit at resistance levels, or vice versa.