Synopsis If you trade Forex then you know the weekends are the best time to analyse the market. Everybody likes to talk about how volatile EURUSD is, but what they don't tell you is that the market is ranging a good 80%-90% of the time; good deals do NOT last long. In fact, half of a days price movement can play out in 15-45 minutes, It's that fast. The best...
Moving average is an average of price closes over a certain amount of time, so at a base level they rise when price rises and fall when price falls, so why are they important? Because they give you a sense of the average direction of price over a certain amount of time, if you take the chart at face value you are not even witnessing one price close at that...
Here I have shown how the EMA8 and EMA89 can lead to good results by using the EMA89 as a baseline and applying the rule, buys above the average and sells below. To find entries look for pullbacks to the average of breakdown and breakout of order blocks, things like inside bar to find momentum should also find results, you could experiment with oscillators in...
I have seen multiple post including some educational ones focusing or showing how to use the Moving Average (MA) as a sell or buy signal. Here, we have one of the many examples of why it can be dangerous to use a single tool as a "buy" or "sell" signal, especially when that tool is a technical analysis tool. I'm sure there are plenty of example of consistent...
Hey traders, In this post, we will discuss two efficient ways to apply the moving average(s) indicator in your trading. Please, note that the settings for a moving average depend on many factors and can not be universal. Time frame, your style of trading and many other factors should be taken into consideration when you define the settings. 1️⃣The first very...
S&P 500 Index (SPX) Trying to dive into some Elliott wave theory and I have a more "interactive" chart to present based off of historical data. I chose this sequence and timeframe because it seems easiest to understand with confirmed examples from some of my own reading materials. This was notated by previously known EWT masters to be a "Double Zigzag"...
Hi traders in this post would like to share a trade setup i use for a while. first - supertrand indicator second - 20-50-200 sma indicator for supertrand - click on indicators and search for supertrend - choose the 3rd 1 from the list u see. change settings to - atr period - 5 source - hlcc4 - and atr multiplier - 1 now u have a system which will print out buy...
Hello traders 🐺 . this is an educational idea and it's about the EMA Ribbon . In this idea I want to talk about how to using EMA Ribbon in trading so make sure to read this idea until to the end if you are one of the Moving averages fans . I like to start with an example of trading by using the EMA Ribbon , then I explain more about the EMA Ribbon and how...
1. Introduction The Moving Average Convergence Divergence (MACD) indicator created by Gerald Appel in 1979 (1) is part of the pantheon of technical indicators, being one of the most used and influential ever created. The popularity of the MACD allowed further studies and more varied applications of the indicator, from signal processing in neuroscience (2),...
I'm not suggesting here that the broader equity market is going to violently sell-off soon or anything like that. I figure that posting an idea on such a scenario might be useful just in case volatility picks up a few knots with some foreseeable seasonal headwinds. Also, the broader equity market is probably going to sell off soon. Now that the possibility of...
Hello Investors!!! This is a detailed video overview of the “Jerry J5 Dashboard & Buy Sell Strategy” release. I will post the link to the strategy within a few minutes after this video goes live on TradingView in either the Related Ideas, or as a comment below with the link. This is my first idea post and hopefully I set it up correctly. Thank you for your...
Hey traders, The moving average is one of the most popular technical indicators. It is applied in stocks/forex/crypto trading and proved its high level of efficiency. There are hundreds of trading strategies based on MA. In this post, we will discuss the 4 most popular ways to apply the moving average. 1️⃣The first method is applied to identify the market...
Here is my quick and dirty introduction/explanation of what the Moving Average Convergence Divergence (MACD) indicator………… indicates. The Moving Average Convergence Divergence (MACD) is a trend following momentum indicator that follows the intimate relationship between a 12-Period EMA and a 26-Period EMA on a price chart in whatever timeframe you are in. The...
Hello everyone, today, we´re gonna talk about an RSI and how to use it. What is an RSI? Basically, it´s an indicator that shows if the asset is overpriced or underpriced. Basic information RSI is 0-100 if the price is at 0-30, the asset is underpriced and theoretically it should go up. if the price is at 70-100, the asset is overpriced and theoretically it...
💫An Education🎓 Series Continuation Prior Episodes Found In The Content Below ❔ What Are Bonds Bonds Are The Foundation Of A Debt Based Monetary System Bonds Define The Cost Of Money Over Time Put Simply Bonds Are Future Dollars Read That Again🔂 US Treasury Bonds Are Future US Dollars Deliverable At A Specified Time In The Future I.e 30 Years...
Doesn't matter which coin I used, KAVA was picked at random for back testing. The 7, 30, and 100 are used for trend analysis. When both the RSI and MFI are in confluence with support, that is the entry trigger. When above the 7, 30, 100 ride the trend and only exit when bear div on 4hr is apparent, MFI RSI in confluence at overbought, price drops below the 30....
Price closed above horizontal support resistance level. Set Buy Limit Order. Set entry at horizontal level. Note: Trend is up; Horizontal Level has 4 touches. EMA 10 EMA 20 has a positive slope.
Price closed above 90.334. Now, wait for a price action signal at 90.334. First price action signal is engulfing candlestick. Enter at 90.505. Second price action signal is engulfing candlestick. Enter at 90.538. Set Take Profit at 91.185. Set Stop Loss at 90.312. The Reward:Risk Ratio is 2.86. Note: The EMA 10, EMA 20, and Trend Line have a...