This is intended more as educational material on a strategy for using renko charts. To begin with, I'll be using USOil in the examples but will include other markets as I continue through the series. The material is not intended to prescribe or recommend actual trades as the decision to place trades is the responsibility of each individual who trades as they...
This is intended more as educational material on a strategy for using renko charts. To begin with, I'll be using USOil in the examples but will include other markets as I continue through the series. The material is not intended to prescribe or recommend actual trades as the decision to place trades is the responsibility of each individual who trades as they...
The Basics of Trading with EMAs using Multi Timeframes MTF Explained To be able to trade successfully you need to understand how timeframes influence price movements. Here I'm using the Litecoin D1 chart to illustrate. On a chart you can see 3 sets of EMAs from different timeframes with crosses marked by dots: 12 (aqua), 26 (purple), 50 (red), 200 (blue) D1,...
This is intended more as educational material on a strategy for using renko charts. To begin with, I'll be using USOil in the examples but will include other markets as I continue through the series. The material is not intended to prescribe or recommend actual trades as the decision to place trades is the responsibility of each individual who trades as they...
This is intended more as educational material on a strategy for using renko charts. To begin with, I'll be using USOil in the examples but will include other markets as I continue through the series. The material is not intended to prescribe or recommend actual trades as the decision to place trades is the responsibility of each individual who trades as they...
A change has come up to my thought... Now I share shortly, how to use 1 time frame window for low time frame without TDI Pro, while you still use it on the 2nd window. This way TDI Pro does not confuse anyone on the lower time frame scanning to now give filtered better analysis on the charts.
First Trade Analysis based on 3 indicators and Trend Analysis. Trade is ordered on Demo.
Summary Introduction Type 1 Type 2 Type 3 Conclusion Introduction Trends are not created equal, there are 3 types of trends, I am not a trend trader that much but I can identify trends and tell the difference. This is what I know about myself: 1- Strong trends Examples: Ways to define these strong trends - Eyesight - With a momentum...
beginning of April we started a short bear trend. is the short term bear (wave 4) complete? will there be another push up? looking to see what the chart data has to show at the end of April.
Keeping it simple with less noise will help you determine a general trend of pricetime and where it's headed. By using different candles, indicators and Gann angle relationships, you might be able to see a clearer picture outside your bias and belief of what a stock is going to do. Did this help. Let me know. I love feedback... M~
The DXY being weighted as follows: EUR - 57.6% JPY - 13.6 % GBP - 11.9% CAD - 9.1% SEK - 4.2% CHF - 3.6% As you may imagine, there's a lot more interest in using the DXY for a correlation / confluence tool when trading the EURUSD . The EURO equates to over half of the overall weight of the index, meaning there's a majority interest in the EUR vs USD. We...
FX_IDC:PKRUSD Chart shows that the relationship between FX_IDC:PKRUSD have gone stronger. PKR has declined massively in past 12 months as per our analysis covering the Tenure of March 2018 to 2019 the period of May to July has shown massive Decline. Perhaps Bailout packages and friendly aid can might help the graph go upwards to a few bars, However the...
Most of the information can be found on the chart. I decided to analyze the relationship of several different Simple Moving Averages on weekly candles. I chose to use BLX as the price history goes back the longest. This allowed me to even consider 300 and 400 week moving averages. Comment with any follow up questions you might have. First, I studied the SMA...
Here I've plotted historical examples of daily crossovers of the 50 SMA and 200 SMA, and crossunders of the same metrics. Does this look like a winning strategy? CrackingCryptocurrency.com
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...
PIvot Point: 0.7035 Alternative scenario: on 0.7035, bullish price target set at 0.7050 and then to 0.7065.
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...
I'll just leave it here. It doesn't matter how low it will fall, 1300-1800, 3000-3300. Wait for another 5 years, in exponential projection of 2017th growth/(2015-2017) recuperation related to a potential 20** growth (probably 200k+)/(2018-~2025)... Make your own calculations. The cycles are still repeating, for the last 9 years. Keep in touch people and just have...