OverSold(Blue) in small time frame 15m based on Bull, BullRest, CrazyBought - Green series in large time frames( > 1H) is one of the best Pattern to Long.
OverBought(Yellow) in 2H is a negative signal, but it should work with OverSold in small time frame for Shorting.
LTC 15M Day Trade Plan using 9 Season Rainbow
Entry Point 1: 56 - 56.5 40%
Double bottom confirmed for AUDJPY on higher time frames and whilst we have a wedge forming, I do not think it will be able to break below the yearly lows at it's current state. This could be invalidated by fundamentals such as the trade war with the USA, but lets see how the technical analysis handles.
Today we're looking at how the Directional Momentum Flux (DMF) strategy performed against Aurora Cannabis Inc (NYSE: ACB) during a two-week study period. Overall performance of ACB was not very strong during the period (7/15 to 7/31/2019), but DMF was able to identify many momentum inflection points and capture quite a decent return of around 44%....
Good Morning Guys, its a busy day for us short traders, i will give my opinion on NASDAQ:IRBT, we are below all Moving Averages, the set up its great, we are down on earnings, and we have a massive pocket if we are able to break the trend line and the 71.27 level, my first PT is 69.00, from there i will scale out, i usually manage my trades as long as the price...
Today we're looking at how the Directional Momentum Flux Strategy (DMF) performed against the TRON/TetherUS (TRXUSDT) trading pair on Binance during a study period consisting of the entire month of July, 2019. TRXUSDT had a choppy month, with monthly highs and lows ranging by more than 40%, and DMF was able to identify many momentum inflection...
I was able to dig myself out of the hole (somewhat ;p) from the EUR/USD trade which took place on the same day (16th of April). My goal for each and every single day is obviously to be green, but if my first trade is a loss then my mission turns to end as close to the Break-even part as possible at the close.
I will be posting both the screenshot...
This was a trade to forget I was able to take on the EUR/USD. The trade took place on the 16th of April, however I didn't have the time to journal my trades then which is why I'm posting about it now.
I could have been a little more patient with my entry but overall I was pleased about the execution as I followed my trading plan. Just like the...
Hello Friends, Traders, everyone..
you all know how much I love anything based in fibonacci. Well, I just wanted to throw this out there, something I found.
There are plenty of trading opportunities in this market! But I think we can all agree, Bitcoin is taking a breath here. I really want to see Bitcoin shatter that next Fib Circle resistance and moon, here's...
Today was probably a day that I shouldn't have taken any trades. Seeing as how it's Labour Day across many countries in Europe it seem like it translated onto the FTSE100 as well even though it wasn't a holiday in the UK. Nevertheless, the thesis for the proved to be right was just caught in a choppy market/
Hope you enjoy the video! :)
Strong up move that gives us a 30 point gap, so i think we see one of two things either a strong ripping up move or a retrace back to the 2910 area for a up move after that retrace. unless we break below the gap I will be remaining leaning on the long side today.
Ive drawn 2 bullish scenarios for short term trades.
1. the blue arrow. Potential bounce off the horizontal ray at $10160 which coincides with the .236 Fibonacci level. With my conservative target at the .5 Fib at $10880 for around 5-6% scalp.
I have taken a small position around $10200. Stop loss just under $10k
2. The purple arrows. BTC breaks the...
SPY DOUBLE PLAY
Make a double play day trading SPY options.
Profit from the run up.
Then profit from the run down.
And vise versa.
Over and over again.
limited risk unlimited reward.
SPY double play August 13 to August 14 2019
2125% POTENTIAL PROFIT
IN 2 DAYS
CALL CLOSED FIRST DAY 920%
PUT CARRIED OVER AND CLOSED THE 2ND DAY 1205%
SPY 081419 290.00 CALL OPEN...
I think the banks are raising on a bluff. DXY is sitting at a 50% fib level from the most recent high to low swing, which is the only reason I could see the UCAD up another leg before turning, but do not be mistaken. That what looks too good to be true, probably is...
Monthly resistance at 1.3275 coupled with .786 retracement on the Daily. Last weeks test of the...