The S&P 500 has frustrated traders for months as a tightening range punishes both bulls and bears. Picking levels in a market like this can be a huge challenge because prices keep revisiting the same spots as they narrow. It’s a bit like trench warfare, with armies battling futilely for weeks over a few yards of territory. But one basic technique has provided...
In this video I go over how I trade with my custom mean-reversion histogram and overlay indicator, explaining the logic behind my entires and profit-taking levels. This example is taken from $SPY on the 1-minute chart, and I examine all four of the alerts that the indicator gave today. Comment below with any questions!
Death Cross, 5 Key things to watch The "death cross" is a market chart pattern that occurs when a short-term moving average falls below a long-term moving average, indicating recent price weakness. It is often studied using the 50-day and 200-day moving averages. The death cross pattern is more reliable when confirmed by other indicators such as high trading...
Well ladies and gentlemen I think I have created a monster and I'm really happy to call it the heiken Ashi algo and the Mass Effect moving average combination. Don't worry I have not been leaving you hanging. It's just been very busy and I want to make sure that this thing works beautifully for you. So what is the heiken Ashi algo oscillator? it is an...
🔵 Relative Strength Index (RSI) The relative strength index (RSI) is a popular technical analysis indicator used to measure the speed and magnitude of a security's price changes. It is displayed as an oscillator on a scale of 0 to 100, with traditional thresholds of 70 and 30 indicating overbought and oversold conditions, respectively. By evaluating the RSI,...
SK Chart Overlay by Stephen Kalayjian and TradeEZ is advertised as a "cutting edge proprietary chart overlay, with built-in predictive analytics for trading" . The same set of indicators and similar chart setups were used by Stephen Kalayjian in his previous failed projects KnowVera and Ticker Tocker . A closer look into these projects reveals that these...
Part 1 of the video. Part 2 will be linked below in the related section. "Master" stop under/over the price for swing trades. "First" long and short filters. Automated trading.
"Master" stop under/over the price for swing trades. "First" long and short filters. Automated trading. Part 2 of the video.
BINANCE:BTCUSDT In this post, I'll make an attempt to share everything I've learned over the Relative Strength Index (RSI) Over the past 24 months. Nothing described in this post is financial advice, it's just me, sharing thoughts and ideas with you. nb: this post is more suited for traders and investors that are already educated about the RSI...
Always combine technical analysis with fundamental analysis Successful traders always combine the two types of analysis. This is because technical analysis tends to focus on the past events and fundamental analysis focuses on the present and future issues. In addition, there are certain situations where technical analysis will not provide adequate solutions....
Continuing the topic of spreads between related commodities, the Hard Red Winter Wheat – Soft Red Winter Wheat spread is another one trading at an extreme level now. A brief explanation on the different types of wheat we are referring to here: 1) The Hard Red Winter Wheat (HRW) is the most widely grown class of wheat. A high protein product, used for breads,...
Download this Oscillator Free: My Tradingview Profile: www.tradingview.com Welcome to the coffee shop everyone this is your host and baristo Eric, You know what we do around here so pull up a seat at the table and get ready for your caffeine overdose . I am happy to say that as of today we are at the final stage of development basically on The Heiken Ashi Algo...
Price pulled back and closed at the 38.2% Fibonacci Retracement Level ; 50% Fibonacci Retracement Level ; Horizontal Support Resistance Level ; EMA 10 Support Level ; EMA 20 Support Level. These conditions created a favorable environment for a long position in the currency market. Watch for more of these conditions for high probability trade set ups.
The RSI is a versatile indicator, and can be used to provide entry signals during a trend. To get the signals a moving average is applied to the RSI. 1. Trades are only taken in the direction of the trend. For an uptrend only take longs. For a downtrend only take shorts (puts). 2. During a downtrend the RSI must move above 60 to indicate a pullback. When the...
Watch the video to get FULL details and listen to some commentary. Always feel free to ask questions below. I love talking with you guys. Here is how we do it: Set your RSI and VWAP as its Moving average in the CSC-HARSI The lower the RSI setting, the more S/R levels you'll find. So don't set your RSI to a low setting on a large timeframe chart. For example:...
What Is the Relative Strength Index (RSI)? 1. The relative strength index (RSI) is a popular momentum oscillator introduced in 1978. 2. The RSI is displayed as an oscillator (a line graph) on a scale of zero to 100. 3. An asset is usually considered overbought when the RSI is above 70 and oversold when it is below 30. 4. The RSI line crossing below the...
GOLDEN CROSS 1. A golden cross occurs when a faster-moving average crosses a slower moving average. 2. Specifically, you need the 50-period and 200-period simple moving averages. 3. Anything other than these two periods and it is not a true golden cross. 4. The golden cross is a powerful trade signal, but this does not mean you should buy every cross of...
TRADE ENTRY 1. To enter a 50-day moving average trade, you should wait for a breakout. 2. Whenever the price breaks the 50-day SMA, you should open a trade in the direction of the breakout. 3. In most cases, the price action will continue in the direction of the breakout. STOP LOSS 1. If the price breaks the 50 SMA upwards, we need to go long,...