When can short sell the euro,1.106 may be a good position.Why? All the indicators of the different time periods show the euro bears, so in order to short the euro based trading strategy before next Wednesday.
Weekly Options Expires 13 May 16. Strikes Sell 690 Strike. Buy 685 Strike. Must stay above
Hi Guys, Guess what.... Maddie is back! Because some of you found my chart's ugly i've made a new layout, with a little touch of pink :) hope you'll like it! Im no't gonna make a very long description on explaining patterns etc so, if this head and shoulder pattern breaks it's neckline for more than 1,5 days, than you should take a look @ my price prediction....
profit target at 6.60 USD. I suppose we have an HPS setup with the trend line divergences, the undersold stochastics indicator, the very much undersold relative strength index and the MACD line intersecting the signal line It seems to me that it will bounce back off the support line one more time and possibly have a breakout over the resistance level. good luck...
Short description of custom indicators
I had a request from a friend to analyze USD/TRY: On daily perspective I saw a nice classical Elliot Wave with double zigzag till point E correction waves. Before starting the analyze I want you to eliminate the harmonic pattern that I draw there; First we start with trends and the potential of opening trade. PA (Price Action) creates trend and trends give us...
These are some of the indicators from my two packages available on TradingView appstore. This chart has S/R levels, derived from an oscillator, overlaid on price action for easy identification of clusters and turning points. It also marks bars (up / down triangles above/below) with reducing momentum to show potential upcoming bounce levels. This S/R level is...
As explained on the chart the goal of this breakout strategy is to avoid risk and therefore the trade should only be entered if the price breaks above the last high of $386.60 on Bitstamp, because this is the last and most important signal to confirm a new uptrend. (Please zoom in to better see the candlesticks). Maybe this chart helps new people who are starting...
There is a multiple-bar inside bar candlestick pattern formed under the 1.2675 resistance level. A breakdown of the low of the inside bar candlestick pattern could potentially lead the price lower in today's New York session. Note that the volatility is getting higher as shown by the Average True Range (ATR) indicator, which is good for a breakdown of this inside...
CM Opening Range Asia AndEurope Sessions Requested by rayhug1 to use Asia Range of 5pm Est to 2am Est...uses 540 minutes (5pm to 2am Est — 9 Hours) to calculate the Range...then breakouts trigger after 2am -Ability to change Start and End Times to use any entire session. ---Defaults to 540 minutes (9 hours) but Opening Range Calculation can be changed to 1...
Get the script from These levels are based on price around earnings day. I have implemented support for 2 calculation modes: Mode 1: Level = (low of 1 day prior to earnings + high of 1 day after earnings) / 2.0 Mode 2: Level = (hl2 of 1 day prior to earnings + hl2 of 1 day after earnings + close from earnings day) / 3.0 Chart above shows "Mode 1". Mode can be...
The ichimoku chart shows that DOWI will go a little bit on the upside, but indicators show that there isn't a lot of room left on the upside. Tenkan Kijun twist may occur inside the cloud wich would announce a soft upside. Having an eye on the Kumo cloud and particularly on the next days show that there is a twist and confirme a reversal, at least a correction...
Bitcoin, on a weekly basis, looking weak, but still has room to fall. MACD, Premier Stochastic Oscillator, Vervoort Smoothed Oscillator, KDJ, and Ehlers Smoothed Stochastic & RSI with Roofing Filters all are bearish. I am especially watch KDJ as its strong movement down makes it look like Bitcoin price could make another run at $340 or below. None of these...
There has been quite a bit of discussion about Bitcoin and the direction of price. Based on the weekly chart it should become apparent that until the weekly indicators turn up, Bitcoin will have difficult gaining any price altitude. In addition, Bitcoin has fallen out of the price channel formed back in April based on the pivot low of $339.79. The only...
ADTN Daily chart is showing a squeeze right before earnings on July 7th...any thoughts from my more experienced brethren on which way it will break?
This year I am focusing on learning from two of the best mentors in the Industry with outstanding track records for Creating Systems, and learning the what methods actually work as far as back testing. I came across the RSI-2 system that Larry Connors developed. Larry has become famous for his technical indicators, but his RSI-2 system is what actually put him...
This indicator was developed by Roger Altman and was introduced in the February 1993 issue of "Technical Analysis of Stocks & Commodities" magazine. The RSI was developed by J. Welles Wilder and is discussed in his book "New Concepts in Technical Trading". Get the source here: pastebin.com Installation video by @ChrisMoody here : vimeopro.com After I got done...