Here we have a Directional Movement Index crossover at POINT A. See how price reacts at POINT B leaving the price at point A (where the indicator crossed) the highest point in the pattern. Instead of continuing to rally, prices stall. POINT A is the SWING HIGH
CALCULATING +DM and -DM
Up Move = today's high – yesterday's high
Down Move = yesterday's low – today's low
if Up Move > Down Move and Up Move > 0,
then +DM = Up Move, else +DM = 0
if Down Move > Up Move and Down Move > 0,
then −DM = Down Move, else −DM = 0
CALCULATING +DI and -DI
+DI = 100 times the ...
We have a nice swing trade op in this pair, go long at market, stop loss should be placed below the recent low.
I think the pair has room to rally back to resistance (see red line on chart). Linear regression and speed lines help us, along with oscillators and bar by bar analysis, as well as the use of RgMov, to determine the trend and where trend following or ...
We kind of know that the dollar will dominate the market eventually but it was kept delayed.
The dollar has struggled to break new high since its peak 2 months ago.
And 2 months of ranging market also means that the phrase is about to change anytime.
As of now, we have an inverted H&S where the dollar successfully rebounded off from the second shoulder with a very ...
On my last TRXC post, I whiffed on my prediction that we'd probably see the rebound begin late last week. The difference appears to be the result of bond yields' effect on the overall market, which particularly impacted the stocks that have been most bullish this year. Our charts and positions don't exist in a vacuum, and this served as a reminder that we have ...
Results when I used 2 averaged lines to buy and sell at the crosspoints, little noisy atm, results are from 3 ETH, NO LEVERAGING! :D Still working on limiting noise, buy a VERY effective indicator nonetheless!
GOLD POTENTIAL LONG
After this recent week of market activity the commodity market had displayed a strong buyer interest move on Gold. After looking at the daily timeframe chart you can see that price had been holding around the lows since early August of this year. After some time this last week the market had shown strong buyer interest based on the strength ...
GBPJPY POTENTIAL SHORT
When I had done my pre-market analysis this weekend I wasn't seeing anything that had showed me it could be a high probable trading setup. After watching some liquidity come into the market GBPJPY had caught my attention. GBPJPY is at structure highs on the 1D timeframe and has been showing strong signs of buyer exhaustion and seller ...
EURUSD WATCH THIS PAIR
I wanted to make a post on this pair because EURUSD has been in an interesting spot lately, or I should say a few spots. The market was displaying to me that it was due to the fact that many different people had their outlooks on this pair therefore it led to indecisiveness in this currency pair. If you look at this daily time frame here ...
I've been watching ENPH for a couple of months. Recent retracement has been encouraging but there's been significant consolidation the last few days between 4.80 and 5.00. A very large percentage of the float has been shorted. Jurik indicators show rising RSX (smoothed RSI) and that the negative VEL (MOM) has been eliminated. The squeeze is on and ENPH is ...
GBPNZD POST ANALYSIS FROM AUGUST 8TH 2018.
I want to post quality content for the people on TradingView and I believe that one of the most valuable tools is knowledge through experience. In trading there are a lot of failures, trust me. I have made and lost 6 figures in trading. But I have come back from those failures better, stronger, and more consistent than ...
Price has held below both ma's
Price will Likely fall to bottom of range
Macd is below zero line & resting on red signal line
EURAUD made short move so GBPAUD may follow
My sell stop is 1.8023
My take profit is 1.7955
SL above fractal high
EURGBP POTENTIAL LONG
So after battling myself for a little while I decided to make a post on this EURGBP currency pair. I was battling myself on this due to the fact that the EUR pairs aren't having any great correlation at the moment and the GBP pairs aren't totally decisive either, BUT the momentum on this trade was displaying to me a decent trading ...
Ethereum found resistance at a key Fibonacci resistance and currently trading at the DPOC of the range.
Structure is very bearish and further decline is to be expected. There is a chance of 5th wave truncation since there is a deep pullback on the 4th.
Bitcoin is making a series of sideways 3s structures. This is yet another one, which hints to a potential ending diagonal and favor the scenario that this correction is coming to an end very soon.
My bias is to the downside since i expect pullbacks on the majority of the alts in the short term.
COP riding the cheap energy supply of LNG with technology and gas sales (LNG, CNG).
Looks like good buy based on trend and MACD for next year for those looking for safe haven. Dividend could be 4x higher. 1.5% Dividend
LNG expands to 600 x its volume to make natural gas, so as compressed liquid cheap to transport provided storage ...
Hey guys, curious if there are ways to adjust the MACD indicator inputs to avoid some false signals. This mainly is happening during MACD line and MACD signal line crossovers, which I circled in yellow.
If these are unavoidable, what other indicators are you using in tandem with MACD to avoid these loss situations?