I don't use indicators, they're not my style, they lag, they repaint; and in my opinion they don't work. The 200 EMA on DAILY can be useful because of how slow it is. We can use it to filter the direction of which way we trade. Price ABOVE 200 ema = ONLY BUY Price BELOW 200 ema = ONLY SELL Then drop timeframes for your entries via your strategy whatever that...
The double death cross strategy employs one more moving average that will help you anticipate when the death cross signal will occur. The third moving average is the 100-day MA, which is a medium-term MA situated between the other two moving averages. Step #1: Wait for the 50-day EMA to cross below the 100-day EMA. The two moving averages also need to converge...
HOW TO USE 200 EMA TO BUY COMMODITIES. 1 - 200 EMA standard measurement of bullish or bearish trends in commodity market. 2 - MA breakouts have multiple false breakouts. 3 - Wait for a breakout and then a retest of EMA. 4 - Buy at breakout of high of breakout candle. If you want to predict which commodity trading levels are worth to base your trade-off, then...
My TA is based around the 21 EMA weekly price which is around 9.4 k this week. If it holds and acts as a support then I predict that the BTC prices will rise come October, however if the price is breached and holds with a 21 EMA weekly candle then down we go maybe up to 6.3k. Any comment and analysis are welcome . Note: This is for educational purpose only and...
Good morning, traders. Bitcoin attempted to push above $3950 this weekend but could not make it happen. As I have been mentioning, there is strong resistance up toward $4000 and overcoming it won't be a walk in the park. Last night's downward move bounced off the daily 21 EMA, finding support on the HVN. An H1 gap was created around $3888 and RSI just bounced off...
As referenced in ETH's daily chart, within the past month, the following price fluctuations were observed upon its 20Day EMA crossing with the 100Day EMA: On February 10th, subsequent to 20/100 Day EMA crossing (upward), ETH price increased approximately 8.31% (or $9.61) within 24hrs; On March 3rd, subsequent to 20/100 Day EMA crossing (downward), ETH price...
This defines a trend in such in clear terms that it applies to any time frame, any symbol, any market, any time of day. Here are some definitions I have heard what is a trend A trend demonstrates higher highs, or lower lows. Really? how many bars of "higher highs" or "lower lows" are required to define a trend? The trend is your friend until it ends," because...
Hey guys, quick another Trendfollowing-Strategy with three EMA`S easily to remember. :-) I hope you enjoy it and that this is going to inspire you! Peace and happy learning Irasor Trading2ez Wanna see more? Don`t forget to follow me. Any questions? Need detailed saignals or education? PM me. :-)
Hey tradomaniacs and becoming traders, here some more education for you and especially for those who started trading and heared about that weird thing called Moving Average. I hope you enjoy it and learn something. If you need more education just check my videos and posts tagged as education. Peace and happy learning Irasor Trading2ez Wanna see more? Don`t...
As long as price stays above the 50 ema there is a bullish trend. Pull backs to the 50 ema are entry points. Tight SL under 50 ema. How would you make re-entry trades on this bullish trend for the BTCJPY. Leave a comment below about your trade idea.
Hi guys, I would like to present to you this educational trading method that was adopted by Rayner Teo-1.72% . ( search him up , he is a great trader and mentor ) Basically the moving averages act as a support and resistance levels and can indicate an ongoing trend , you can use them to time your entries and ride the trend. Keep your SL trailed alongside with...
When price gets trapped between current timeframe and higher timeframe EMAs expect ranging price action.