1) Very tight channel detect here with 3 excess and currently forming 4rd an excess. I prefer to sell when price with excess at a value high. 2) The tail should be in excess is more accurate. --> First condition meet here, short at a higher price will be great. Each trade must have a protective stop, therefore keep your stop above resistance. ---> Wait...
There’s a better way to do things. I don’t care what you’re using, maybe, just maybe, there’s a way to improve your strategy. I can confirm this idea is seen as wildly offensive. Ask someone why their strategy works and they’ll cringe like you just asked them if their spouse is cheating. “How dare you question their effectiveness! I’ll let you know we have a long...
Here is a great example of how TV's free indicator "Pivot Points Standard" can be used. EU started this Month in a Picture Perfect fashion, for anybody watching Pivot Points. Pivot traders take Swings that start or end at the Central Pivot, of the timeframe of interest. Pivot Strategy : If rejected from Daily Central, target the daily M1. If rejected from...
I love fading the AUD pairs after news. I love it when they spike. Just saying. Here's an episode of the podcast where I talked about trading the news. Nothing to buy, just something to share. traderspodcast.com
This is a current example of TV's free ''Pivot Points Standard'' indicator. All of those Pivot lines are drawn at the beginning of each period. They do not 'repaint' like most other indicators, making for good targets. Last week was a perfect Pivot trade, weekly R1 to S1, a common swing. This week the Monthly (new for Jan.) Pivot was found to be support. So it is...
XMRBTC is at an interesting price, for anybody watching Pivot Points. That term ''Pivot'' is used to describe many different things by different people. BUT there is only ONE true ''Pivot Point'', per each period. The above chart is showing Weekly (green) and Monthly (brown) pivots. See my three chapter Guide to Pivot Points: one of TV's greatest free tools'' below:
This is a 9 minute video that covers how to ensure you are trading on the right side of the trend. Lots of good stuff on this topic, unfortunately it's impossible to cover everything in the 10 minute limit provided by TradingView for videos, so if you have any questions please feel free to get in touch.
First of all, this is the ICT Breaker concept from ICT (Inner Circle Trader) on YouTube, all credit goes to him. I've outlined a nice example of this strategy in the chart. I use this a lot and it's really simple to understand and notice once you catch a few of them. I'd love to see you try to find more examples. Feel free to post them in the comments and we...
2018 has been a marvelous year of range between the R3 and S3 Year Camarilla pivots for multiple instruments including metals, currencies, and indices. This is the busiest chart I will show and for a reason. I only buy gold 2X per year, the seasonal July top in the equity market (July 22 on average) and December 15 after the 4th Quarter Fed announcement. ...
Using pivots, Fibonacci and trend lines. Blue boxes are zones. If the price breaks any of the zones, I predict the price to go on that direction once there is confirmation on the hourly chart e.g. engulfing candle. Currently, box has broken for a downtrend. This is just a test and in the future will add in targets and stop losses (but the blue box zones can be an...
How I use the free Pivot Points indicator. There is a lot of be said about "Pivots" and a lot of people mean different things with that word. What I am showing is the ''Old-School'' definition of that term. Pivots are as simple as this: (H+L+C)/3 of the previous period = Center Pivot (P) in current period. The the 'Support' (Sx) and 'Resistance' (Rx) pivots...
Hello everyone! This is my second video and first educational video. It is about Fibonacci pivot points and how can someone use them in his trading. Enjoy
This technique pans out more often than not and is easy to chart with the tradingview tools.
Hi all. I've had some PM's about the price spike we had for CTR/BTC over the last 24 hours, given that I did some analysis on this a few days back. I've recorded this vid to provide some context around what you should have been looking for! There's also some time spent on what not to do, which will hopefully be useful for newer traders. Hope it's useful. Let...
BTCUSD broke to a new high at $8375. Possibly looking to correct between the 7650 - 8290 range. Resistand : 8290 Support : 7650
The wave is currently finalized and is working as planned: I ended the previous post pointing at the lack of the volume required to confirm trend reversal at supposed point 5. And in fact, for quite a while the price kept slowly drifting up and down without substantial moves in any direction. This situation lasted until bearish volume spike on 07/11 that...
You might want to read and watch some You Tube video's on: Day Trading with Pivot Points Strategy * Always use 5 minute time frames to do the following: Previous days: High, Low & Close Pivot Point (P)= (High + Low + close) divided by 3 Support 1 (S1) = (P x 2) – High Support 2 (S2) = P – (High – Low) Resistance 1 (R1) = (P x 2) – Low Resistance 2 (R2) = P...
CM_Pivot Points_M-W-D-4H-1H_Filtered ***Special Thanks to TheLark...AKA...The Coding Genius For Providing His Expertise... ***New Feature - Ability to turn On/Off Pivot Moving Average ***New Feature - Ability to turn On/Off Filtered Pivots (Explained Below) Available Timeframes (Change In Inputs Tab): 1 Hour 4 Hour Daily Weekly Monthly Yearly ***All Features...