microtrends

Stock Indexes setup for a move

CBOT:YM1!   None
Market Geometry like this normally results in some kind of significant move - especially when you factor in price...
and the other stock indexes, S&P500             , The Russell, NYSE - all have this.

I don't need to have an opinion - all i need to do is to use a system that can leverage this condition.
I would be looking to line up at a session open... with the event of breaking the high, bouncing double top or a fakeout of the high with a continuation down towards the areas i have marked. - so really 3 possible signals to enter - bounce, break or fake...

Intraday entry could be the open range breakout at a high energy time sat 9.30 to 11.30 on - perhaps in addition to some seasonal day of the week - - or price cycle range breakout - 1 or more congested days.... for example some other fundamental timing or release etc... I will demonstrate this technique on an intra-day             chart

I have also been assisted here by the MTAutoFib to show me likely retracement levels as well as extension...
In addition the MTHLevels - is set here to show peaks and trough levels of Support... and Resistance...

These indicators are available in Charts > Indicators > Market Place AddOns > MicroTrends
more details of the indicators can be found here: http://www.indicatorfactory.com/tradingview-indicators/


EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out