Yesterday I put my main setup on the Activision Blizzard with SMA 20,50,100,200; Horizontal Ray and the trendlines. Many would see that in the past the price often had support at the range of 89-90 Dollar and would think that the share price would jump again including with the SMA200 support. But with implementing the Trendline-Function by connecting dots of...
Hi traders Ever woundered - "can i beat the market ?" or "what is my Edge ?" try the 70 Ema !! i will use daily chart and look for clear trend direction apply indicator called Moving Avarage Exponential and set it to 70 -- UPTREND -- on an uptrend look if the line support the price. you will want to go long when price reach the blue line. on the other hand,...
Sometimes just a simple line is not working and this is the time that zone gets its meaning. so instead of using so many lines, we can use <> and create some support and resistance zones instead of simple support and resistance. here take look at the Bitcoin example in previous weeks: But let's take look at the 30K support zone instead of the 30K support: ...
Hi, I decided to share my profitable trading strategy which is really simple by the way. I use trend lines, supports and resistances. I don't use any other indicator. It is maybe not the best but for sure the best that fit my psychology and my lifestyle. Hope this helps !
Note: This indicator will be published soon In short, this indicator is a tool designed for different purposes: 1) Automatic drawing of trend lines 2) Classification of trend lines based on the reaction of price chart and trading volume 3) Receiving trend lines breakout alerts 4) Analyzing smaller time frames is time consuming and tedious, but this tool makes it...
I personally trade breakouts with volume conformations because after the breakout the resistance become support. And that gives me very good risk to reward. Do you trade breakouts? Lets us know what you think about this educational idea in comments!
Note: This indicator will be published soon In short, this indicator is a tool designed for different purposes: 1) Automatic drawing of trend lines 2) Classification of trend lines based on the reaction of price chart and trading volume 3) Receiving trend lines breakout alerts 4) Analyzing smaller time frames is time consuming and tedious, but this tool makes it...
Note: This indicator will be published soon In short, this indicator is a tool designed for different purposes: 1) Automatic drawing of trend lines 2) Classification of trend lines based on the reaction of price chart and trading volume 3) Receiving trend lines breakout alerts 4) Analyzing smaller time frames is time consuming and tedious, but this tool makes it...
Note: This indicator will be published soon In short, this indicator is a tool designed for different purposes: 1) Automatic drawing of trend lines 2) Classification of trend lines based on the reaction of price chart and trading volume 3) Receiving trend lines breakout alerts 4) Analyzing smaller time frames is time consuming and tedious, but this tool makes it...
Note: This indicator will be published soon In short, this indicator is a tool designed for different purposes: 1) Automatic drawing of trend lines 2) Classification of trend lines based on the reaction of price chart and trading volume 3) Receiving trend lines breakout alerts 4) Analyzing smaller time frames is time consuming and tedious, but this tool makes it...
Note: This indicator will be published soon In short, this indicator is a tool designed for different purposes: 1) Automatic drawing of trend lines 2) Classification of trend lines based on the reaction of price chart and trading volume 3) Receiving trend lines breakout alerts 4) Analyzing smaller time frames is time consuming and tedious, but this tool makes it...
Trend lines are lines that are drawn on the charts connecting a series of prices together . They helps traders to find the further support and resistance . Further there are two types of Trend Lines: 1. Body to Body Trend lines . 2. Wick to Wick Trend lines . How often you use Trend Lines? Lets us know what you think about this educational idea in comments!
Note: This indicator will be published soon In short, this indicator is a tool designed for different purposes: 1) Automatic drawing of trend lines 2) Classification of trend lines based on the reaction of price chart and trading volume 3) Receiving trend lines breakout alerts 4) Analyzing smaller time frames is time consuming and tedious, but this tool makes it...
Note: This indicator will be published soon In short, this indicator is a tool designed for different purposes: 1) Automatic drawing of trend lines 2) Classification of trend lines based on the reaction of price chart and trading volume 3) Receiving trend lines breakout alerts Trend lines are classified into 6 levels, of which only 3 are enabled by...
The late iconic forex trader Bill Williams formed the Williams Alligator technical study indicator in 1995. He gave the indicator his name. In addition, he was developed other primary indicators usually used by traders today. Certain of those indicators are Williams Fractal, Awesome Oscillator, and Accelerator / Decelerator Oscillator. The Alligator indicator...
HOW TO CHOOSE WHICH ORDER BLOCKS TO USE PART 2 (smart money concepts., institutional trading)
Wolfe Waves:Example of a bullish Wolfe wave on 15 mn GbpChf chart. Can be both bearish or bullish and on any time frames. The key to recognizing the setup is symmetry. Ideally, waves 1-3-5 are established with very regular timing intervals between moves. The other key ingredient is that the wave 4 should revisit the price range established by waves 1-2 for the...
Example of a bullish flag on 1 hour GbpAud chart: Any time frame and can be bearish too. These are almost similar to wedges in characteristics. The only significant difference between the two of them is the trend line. Trend lines in flags are said to be parallel and not converging like the wedges. Flags can be both bullish or bearish, depending on the...