on 5 min time frame, using indicator BB with RSI, entry taken as per Divergence, movement confirmation with Stoch RSI, Heikin-Ashi, Gap up opening confirmed reversal to the price calculated earlier on weekend for price to open @ $5.50 wherein pre market showed jump in price due to dividend cut decision by bank to -96%, total duration of trade is around 1 hr 30...
Welcome to the coffee shop everybody this is your host and baristo eric. By this time everybody knows how to see and plot divergences on your chart. The one thing that I fail to see in a lot of people is to give you a winning solution or strategy on how to trade divergences after you've found them. The answer is in your algo and how the RSI moves against its...
Analysis based on Fib retr. along with Heikin Ashi
Nifty Banknifty Day Trading Post Market Analysis-Explained.
This is a divergence trading strategy i am testing out for you guys who are still having trouble knowing WHEN to enter a trade after finding a divergence as well as where to exit that trade. This will also give you more information on the followings: Where to use the RSI FORMULA. When to enter a trade after a divergence. What a fake out looks like. Where to...
Entry point for BTC based on momentum reversing out of the bear market. For those trading on confirmation and solid risk reward ratios. Find a safe bottom, not necessarily the lowest price. Strategy 1. The major buy signal comes when the first Heikin Ashi 1M closes green. (This was once printed in June 2014. But a high RSI would falsify the signal trigger) 2....