Trading Lesson: Price & Time Vibrations before a News Event Happens


Jeff Greenblatt Image Jeff Greenblatt Director, Lucas Wave International, LLC

To capitalize on special Kairos moments, first, you must have the patience and discipline to wait. Then see these clusters line up at key points, asserts Jeff Greenblatt, director of Lucas Wave International and editor of The Fibonacci Forecaster.

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Last month I showed you how price and time square outs/vibrations can lead to a good trading move in the Forex arena.

To summarize, Gann said when price and time square the pattern changes direction. Gann never had access to the powerful technology in the 21st century. We are blessed to be able to scale down and find the Kairos moment, that supreme moment where everything lines up.

In this case, we are working on the 1-minute YM from last Thursday. You’ll remember it as the mini-crash when the news event of Bob Mueller impaneling a grand jury manifested. As an important aside, the market has shown us all year it does not like anything getting in the way of the Trump growth agenda since tax reform is already baked in the cake.

But the real setup materialized way before the big drop. Those of you familiar with my work know I’ve been working with Fibonacci cycles for years. These cycles work on a monthly, weekly and all the way down to a 1-minute chart. In this case, a high to high retest of resistance peaked at 233 (Fibonacci) minutes. Additionally, the prior high leading to the 233-minute-high was 33 minutes. So, there was a cluster.