DLavrov

DLavrov Updated 

If we look at daily chart, we'll see up trend and possible reversal from Moving Averages with period 100. MACD gives a confirmation for opening long trades on shorter time frames. Based on 4H chart, we have price reversal from support level 44.50, double bottom and bullish divergence. Is it clear signal for opening long trades? I think yes. Entry level is 45.80,...

DLavrov

Price is near Moving Average with period 20 and it's possible reversal zone. If MACD starts rising, we'll have confirmation for opening long trades on daily chart. Bearish candle and RSI reversal give us opportunity to search entry levels for buy positions on hourly chart.

DLavrov Updated 

Bearish divergence is an amazing type of signals for opening trades against the up trend. Sometimes it's profitable and allow to enter in the short trade near the top of the market. Entry level is 4564, stop order should be placed above 4590 and target 4535.

DLavrov Updated 

It's trend market conditions on 4H chart and we can join to the main price movement. Price bounced from Moving Average with period 50. RSI confirms price reversal and MACD gives a signal for opening short trade.

DLavrov Updated 

Daily chart - MACD and DMI confirms short trade. 1H chart - ADX is above 20 and it's trend market conditions. We have to follow the trend. MACD and RSI confirms price reversal from Moving Average with period 20 and it's a confirmation for short trades. Entry level is 46.25. Place stop order above 46.70 and take profit near 45.15 which is near Moving Average 100 on...

DLavrov Updated 

Daily chart - price is near up Bollinger Band. MACD is falling and we can try to find entry levels for short trades on hourly charts. 1H chart - we have range market conditions. ADX is below 20 and Moving Averages are intertwined. MACD and RSI confirm price reversal from Bollinger Bands and short trades. Entry 1364.00, stop is above resistance level 1375.15 and...

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The questions is, if price has not moved lower, will it rise to a resistance level near 1.1400? We have confirmation from MACD and RSI that price has bounced from a support level and Bollinger Bands. And we can think about long trades on hourly charts. ADX still rises and it's better to wait for the reversal. If price can't move below the support level, we'll have...

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Daily chart shows us the picture of possible price movement and entry levels. We have range market conditions and we must wait for price reversal from up Bollinger Band and a resistance level. I don't think that price will be able to move higher. Weekly chart also tells us about range market. Now we can't open any trades. It's not funny to buy near resistance...

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It's not the perfect bullish divergence which could be. But price has not moved below 1.2790 for several days. May be it's time to think about long trades? What do we have for this? On daily chart MACD and RSI confirm long trades. We can try to open trades with close profit targets on hourly charts. As for 4H we have bullish divergence on MACD and RSI. I'm not...

DLavrov Updated 

Daily chart, price is near up Bollinger Band. It looks like that we'll have reversal and correction to Moving Averages 20 at least. Why not to try get this movement? Based on 4H chart we have a signal for short trade. Bearish Divergence is formed by MACD and RSI. ADX starts falling and it's a confirmation that the up movement is not so strong now. Open short trade...

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If we look at the daily chart for EURUSD, we'll see range market conditions. In such case it's better to search entry levels near Bollinger Bands and place profit targets near the middle of such channel or the opposite line. Now we don't have perfect levels from higher time frame but still. We have a strong bearish candle and rising ADX. Will it be the perfect...

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We have up trend. Price was stopped near resistance level 51 and it looks like that bulls have no power for pushing price higher. DMI indicator confirms that we don't have strong up movement. So, how to trade? I offer just my view. My trading idea is: open short trades using 1H and 4H charts with target near Moving Averages 100. If price reverses from MA 100 open...

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Let's think about how to trade GBPUSD. After the great fall the pair stopped between 1.3200-1.3500 and it's near Bollinger Band. We have possible reversal and buy zone between 1.3120-1.3530 and for opening long trades we'll need confirmation from MACD and RSI. ADX must reverse and start falling. Only after that we can open long trades with targets near Moving...

DLavrov Updated 

Bollinger Bands indicator is very interesting technical tool and perfectly shows volatility changes of financial instruments. Usually, when we have range market conditions, low volatility and price movement in a narrow channel give us a good trading opportunity. Periods of low volatility are followed by periods of high volatility. Bollinger Bands form the border...

DLavrov Updated 

Trend-following strategies produce good profit, when markets fall or rise. But when we face with range market conditions, such trading strategies give a lot of false signals for opening deals. What should we do? The answer is simple - we must have rules for range markets. Sometimes it's not easy, and trading in range need more knowledge, experience and deep...

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We have the perfect range market conditions. Price bounced from Bollinger Band and formed reversal candlestick pattern. MACD and RSI confirm reversal and long trades.

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EURJPY has been falling for 7 months already. And one day it must reverse, may be we have such day now? Look at Super Bullish Divergence formed by MACD and RSI. As for ADX line, we can see that after each price lows the indicator could not form new highs. It also could be a signal that bears are not so strong now. For long trades entry level is 122.350. Stop must...

DLavrov Updated 

MACD and RSI reversed and gave Bullish Divergence. It could be interesting trade with close stop loss and good profit target. Open the trade if price pass the high of previous candle. Entry level is 1211.50. Place stop order below 1199.50. Targets could be 1235.50, or Moving Averages 50 and 100.