Today we have a fun one because I love making money. There is nothing better than nailing down an awesome trade and today I am going to teach you about something called 'divergence'. It might seem a bit complicated at first but it will be well worth it. As you can see in the BITFINEX:BTCUSD chart above, the prediction is stupid accurate.
The Basics
You are...
Similar price action with EOS but may be forming a triangle while EOS is either on a complex B or an ending diagonal (this is more likely).
5H RSI similar to Bitcoin, its either do or die as we get closer to the weekend.
There is no good entry here at this time although the closer it is to 54$ the better.
Running flats are uncommon this is just for monitoring .
With the RSI there was highlighted, in the pair BTC/USD, the overbought condition, when the line is above 70, and oversold condition, when the line is under 30.
Hi all,
I would like to present to you an educational piece regarding a particular trading methodology. This involves using the Stoch RSI indicator as your primary utility. This trading strategy is only as good as your money management strategies are. Everyone employees different money management strategies, so how you approach this is up to you. This can be used...
I have seen many traders recently use this in a questionable manner and I don't want new traders to get the wrong idea.
I have briefly explained how I use the indicator and what ways it could be useful to you.
This is not the only way I use it I do confirm it with other signals that I have not mentioned in the video but as the Joker says in the Dark Knight
'if...
The basic function/use of HighPhaser:
How to use HighPhaser
Price trends steadily above HighPhaser,
then, crosses under HighPhaser but follows it.
Price attempts at making HighPhaser support for more moving up, but it then breaks it to fall more.
USDJPY Uptrend:
USDJPY Downtrend:
Hi guys, This my first video and I wanted to share with you a simple strategy I use to find opportunities with RSI.
This strategy gives amazing results in scalping and daytrading in order to grab 15 to 25 pips per trades.
Hope you gonna like it. Do not hesitate to like it or give comments.
XtremePhaser = Thin Cyan line
HighPhaser = Thin Blue line
HighMBL = Thin Orange line
Phaser = Thick Blue line
Midline = Thick Black line
& others.
Just like the traditional use of moving averages, HighPhaser and XtremePhaser allows for higher time frame trend (by their nearness and crossover) to be seen and recognized by traders allowing them to respect...
We here learn to observe the higher time frame 360, and analyse 1D that RSIPL are crossed down parallel. So lower than daily time frame= 540, 360 allows for trend entry at a 360 RSIPL and 'TSL initial cross down for max profit.
On 180 as on 360 allowed for entry using the RSIPL/TSL crosses down. Also observing Phaser very near price as it 'pushed' priced down...
To find a divergence you have to take in account for the movement at each point in time. For example, make sure your divergences include a contiguous downtrend or uptrend or else they are invalid. Furthermore, don't build opinions over a single timeframe or indicator: always be sure to use multiple. Another good tactic is to discuss with people who might have...
Traders Dynamic Index serves for crossover signals and are essential for trade entries and most beneficial when identified on over 30-minute Time Frames as on hourly time frames.
I have made the options available of the oversold (green) 32 level line overlay which is useful in identifying potential buy zones/price.
In KK_Traders Dynamic Index_Bar Highlighting it...
It's always easier to look back and see what should have been obvious at the time. This is a short case study of how one COULD have traded Bitcoin successfully from it's last epic run of 2017. This should be a precursor to what happens in 2018 and going forward. It isn't a 'method', but is an observation and an opinion that will guide my own trading going...
Welcome to the first lesson from Lets Go Crypto! We aim to educate people who are struggling to understand indicators, and how to use them when it comes to trading. Hope this is helpful for all of you people out there, who are looking for some kind of lessons. If at the end, you do not understand or have any questions, feel free to ask in comments below.
Today,...
Ultimate Oscillator:
This is a range-bound indicator, which means the value fluctuates between 0 and 100. Similar to the RSI, levels below 30 are deemed to be oversold, and levels above 70 are deemed to be overbought. Transaction signals are derived by finding situations where the price is going in opposite directions than the indicator. Once this divergence has...
![BTCUSDT: 4] How to use Traders Dynamic Index and Complementary Overlay](https://s3.tradingview.com/b/B3NA4xbi_mid.png "4] How to use Traders Dynamic Index and Complementary Overlay")
![EURUSD: 3] How to use Traders Dynamic Index and Complementary Overlay](https://s3.tradingview.com/w/W73doVyv_mid.png "3] How to use Traders Dynamic Index and Complementary Overlay")
![EURUSD: 2] How to use Traders Dynamic Index and Complementary Overlay](https://s3.tradingview.com/y/ykU4dGEM_mid.png "2] How to use Traders Dynamic Index and Complementary Overlay")
![BTCUSD: 1] How to use Traders Dynamic Index and Complementary Overlay](https://s3.tradingview.com/s/S0OIsmhr_mid.png "1] How to use Traders Dynamic Index and Complementary Overlay")
