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Keltnerchannel

Deep Dive Into Keltner Channel 🗓The Keltner Channel is a volatility-based technical indicator that helps traders identify market trends, breakout opportunities, and potential reversal zones. Built using an Exponential Moving Average (EMA) and the Average True Range (ATR), it adapts dynamically to price movement and provides a smoother alternative to Bollinger Bands. 📚 Introduction The Keltner Channel is a versatile volatility-based trading indicator that helps traders identify trend direction, spot potential breakout opportunities, and determine overbought or oversold conditions. Unlike Bollinger Bands, which use standard deviation, the Keltner Channel is built around the Average True Range (ATR), making it less reactive to sudden price spikes and better at adapting to steady market trends. At its core, the channel consists of three lines: Middle Line – an Exponential Moving Average (EMA) of the price Upper Band – EMA plus a multiple of ATR Lower Band – EMA minus the same multiple of ATR When price stays close to the upper band, it indicates strong bullish momentum. When price hugs the lower band, bearish pressure dominates. Periods of narrow channel width often precede breakouts, while wide channels may signal trend exhaustion. 📚 Calculation The Keltner Channel is typically calculated as follows: Middle Line = EMA(n) , where n is the chosen period length (commonly 20) Upper Band = EMA(n) + ATR(m) * Multiplier , where m is chosen period length for ATR Lower Band = EMA(n) - ATR(m) * Multiplier , where m is chosen period length for ATR EMA smooths price data while giving more weight to recent values. ATR measures volatility by accounting for true price ranges, including gaps. Multiplier (often 2) determines how far the bands are from the EMA. 📚 How to Use Keltner Channel in Trading Strategies ⚡️Keltner Channel Breakout Strategy The Keltner Channel breakout strategy is built on the idea that the channel defines a normal range of price movement. The middle line reflects the average trend, while the upper and lower bands expand with volatility. Most of the time, price stays inside this range, so a close outside the channel signals unusual strength. A breakout above the upper band shows that buyers are strong enough to push price beyond what is typical, while a breakout below the lower band shows the same for sellers. This behavior suggests momentum is likely to continue, making it a potential point to join the trend. Long Setup: Price candle shall be closed above 200-period EMA Candle closes above the Kelner's Upper Band, indicating strong bullish breakout Put your trailing stop-loss at the Middle Band, close trade only when candle closes below it Short Setup: Price candle shall be closed below 200-period EMA Candle closes below the Kelner's Lower Band, indicating strong bearish breakdown Put your trailing stop-loss at the Middle Band, close trade only when candle closes above it 📈Long Trading Strategy Example 1. Price candle shall be closed above 200-period EMA. In our example we have BITMART:BTCUSDT.P 4h time frame. 2. Open long trade when price candle closed above the Keltner's Upper Band. 3. Close trade when price candle closes below the Middle Band In our case we have 2:1 risk to reward trade if we compare initial stop loss and exit price. 📉Short trading strategy example 1. Price candle shall be closed below 200-period EMA. In our example we have BITMART:ETHUSDT.P 4h time frame. 2. Open short trade when price candle closed below the Ketlner's Lower Band. 3. Close trade when price candle closes above the Middle Band In this case we have not a good trade. After closing short price continues dropping but then suddenly pumped and destroyed all gained profit. We think it's also important to show such trades it will make you more prepared for real market when you start trade using this strategy. 🧪 Important: as you could see stop-loss on the candle close above/below Middle Band can't be the best decision in every case. It will help you to avoid the false trade close, but usually significantly cut your profit. As always we highly recommend to make your out backtest using different trade exit approaches. You can try 3:1 RR or close exactly at the Middle Band and compare the results with provided close only approach. ⚡️Pullback to the Middle Line The pullback-to-the-middle-line strategy focuses on the EMA at the center of the Keltner Channel, which acts as dynamic support in uptrends and resistance in downtrends. In trending markets, price often retraces to this middle line before continuing in the direction of the prevailing move. When the EMA is sloping upward, traders look for buying opportunities when price returns to the middle line, expecting the trend to resume. In a downtrend, the EMA slopes downward, and touches of the middle line can be used as selling points. Exits are usually made at the opposite channel band, since price tends to extend from the EMA toward one of the outer boundaries. This gives the setup a favorable risk-to-reward profile: stops are placed near the middle line or the most recent swing, while profit targets are naturally defined by the channel structure. The key is to apply the strategy only in clear, directional markets, as pullbacks lose reliability in sideways or choppy conditions. Long Setup: Middle Band's slope shall be upward indicating the short-term uptrend. Open long trade when price pulled back to the Middle Band. Put stop-loss below the Lower Band. Take profit at the Upper Band. Short Setup: Middle Band's slope shall be downward indicating the short-term downtrend. Open short trade when price pulled back to the Middle Band. Put stop-loss above the Upper Band. Take profit at the Lower Band. 📈Long Trading Strategy Example 1. Middle Band's slope shall be positive. We use BITMART:BTCUSDT.P 4h time frame. 2. Open long trade when the price pulled back to Middle Band. 3. Put initial stop loss at the Lower Band. 4. Take profit at the Upper Band. 📉Short trading strategy example 1. Middle Band's slope shall be negative. We use BITMART:BTCUSDT.P 4h time frame. 2. Open short trade when the price pulled back to Middle Band. 3. Put initial stop loss at the Upper Band. 4. Take profit at the Lower Band. 🧪 Important: this strategy provides high frequent fast trades with poor risk to reward. Typically it equals approximately 1:1, but this setup has the high probability to play out well. Moreover, this strategy can be used in conjunction with the strategy from point 1 described above. Conditions don't contradict to each other and can allow you to earn money on two different market conditions. ⚡️Mean Reversion Strategy The mean reversion strategy with the Keltner Channel is based on the assumption that price tends to return toward its average after moving too far away. The outer bands of the channel serve as dynamic thresholds that help identify when the market is stretched. When price closes near or beyond the upper band, it suggests temporary overextension to the upside, creating an opportunity to anticipate a move back toward the EMA. Conversely, when price touches or moves below the lower band, traders look for a rebound toward the middle line. The trade idea is to enter counter to the extreme move, with exits placed around the central EMA. Stop losses are typically set just outside the channel to protect against strong breakouts. This approach works best in sideways or range-bound markets, where prices oscillate around a fair value, but it tends to underperform in strong trends. Long Setup: Price candle shall be closed above 200-period EMA. Open long when price touches the Lower Band. Put initial stop-loss according to your money management system. Close trade the Upper Band. Short Setup: Price candle shall be closed below 200-period EMA. Open short when price touches the Upper Band. Put initial stop-loss according to your money management system. Close trade the Lower Band. 📈Long Trading Strategy Example 1. Price candle shall be closed above 200-period EMA. In our example we have BITMART:BTCUSDT.P 4h time frame. 2. Open long at the Lower Band 3. Put stop-loss. In our case we use 2%, you can use stop-loss based on your asset/time frame volatility and money-management. 4. Take profit at the Upper Band. 📉Short trading strategy example 1. Price candle shall be closed below 200-period EMA. In our example we have BITMART:ETHUSDT.P 4h time frame. 2. Open short at the Upper Band 3. Put stop-loss. In our case we use 3%, you can use stop-loss based on your asset/time frame volatility and money-management. 4. Take profit at the Lower Band. 📚 Conclusion The Keltner Channel is a versatile tool that adapts to different market conditions and trading styles. Whether applied as a breakout system to capture momentum, as a pullback framework to ride established trends, or as a mean reversion setup in ranging markets, it provides traders with a structured way to interpret price action. Like any strategy, its effectiveness depends on matching the approach to the prevailing market environment and applying consistent risk management. By understanding the underlying logic of each method and practicing disciplined execution, traders can make the Keltner Channel a valuable part of their technical toolkit.
Education
by Skyrexio
15
NQ may have found a little Support to continue its climb.After a healthy, needed pull back, the NASDAQ may have found the support it needed to finish its climb with the inauguration soon to come at the end of the month. Price has not been comfortable below the middle Keltner channel band during this push-up over the last few weeks. The MACD and and RSI look prime for a turnover, and Fridays push-up off of Thursdays Liquidity sweep, sets us up nicely for a move up. At the very least, there's a good chance we test some of these levels for the upcoming week.
CME_MINI:NQH2025Long
by mitchtheo
1
1-Minute Scalping Trading Strategies With Examples1-Minute Scalping Trading Strategies With Examples Scalping is a popular trading style capitalising on rapid, small price movements within minutes. 1-minute scalping strategies are often used by traders but require precise execution and solid understanding of technical indicators. This article explores four 1-min scalping strategies, detailing the indicators used alongside specific entries and exits. Understanding 1-Minute Scalping 1-minute scalping is a fast-paced trading style focusing on taking advantage of small price movements within a minute timeframe. Traders using this approach rely on 1-minute charts to make quick, multiple trades throughout the trading session. The primary goal is to accumulate potential small gains that might add up to larger returns over time. A scalp trading strategy requires a solid understanding of technical analysis and market conditions. Scalpers typically use indicators, price action patterns, and trend analysis to identify short-term market movements and potential entry and exit points. The rapid nature of 1-minute scalping demands precision and discipline, as even a slight delay can impact the trade outcome. One of the key advantages of 1-minute scalping is the ability to generate frequent trading opportunities, which can be particularly appealing during volatile market conditions. However, it also comes with higher risks due to the speed and frequency of trades, meaning risk management plays a significant role. Scalpers must also be aware of transaction costs, as frequent trading can lead to significant fees, which can erode potential returns. Choosing a broker with low commissions, tight spreads, and fast execution speeds is essential to maximise a scalping forex strategy’s potential. FXOpen provides an ideal environment for scalping trading strategies, with commissions from $1.50 per lot, spreads from 0.0 pips, and ultra-fast execution. Open an account! Four 1-Minute Scalping Strategies Now, let’s take a closer look at four 1-minute trading strategies. To apply these strategies, see how they work in practice, and access each of these 1-minute scalping indicators, consider following along in FXOpen’s free TickTrader trading platform. Strategy 1: VWAP + MACD Indicators Used - VWAP (Volume Weighted Average Price): VWAP calculates the average price a security has traded at throughout the day, based on both volume and price. It helps traders understand the trend and identify potential support and resistance levels. - MACD (Moving Average Convergence Divergence): MACD is an indicator that visualises the relationship between two moving averages. MACD settings for a 1-minute chart are standard: the MACD line is derived from the difference between the 12-period and 26-period exponential moving averages (EMA), while the signal line is a 9-period EMA of the MACD line. VWAP and MACD work well together by providing both trend and momentum analysis. VWAP helps identify the overall trend and significant price levels, while MACD offers insights into momentum changes. This combination can help traders determine entries by confirming trends and potential reversals. Entry - Traders typically look for the price to close through the VWAP, with the MACD turning from positive to negative or vice versa. This coincides with the signal line crossing over the MACD line. - Alternatively, another common entry point is when the price uses the VWAP as a level of support or resistance, confirmed by the MACD turning from positive to negative or vice versa. These triggers will likely occur within a few candles of each other, typically within 4 or 5 candles. Stop Loss - Stop losses are often set just beyond a recent high or low swing point, which helps potentially protect against losses if the market moves unexpectedly. Take Profit - Traders commonly take profits when the signal line crosses the MACD line in the opposite direction, and the histogram switches from positive to negative or vice versa. This approach allows traders to take advantage of momentum shifts and potentially lock in gains as the trend changes. - However, some may prefer to exit at a significant support or resistance level in order to maximise potential gains. Strategy 2: Keltner Channels + RSI Indicators Used - Keltner Channels: A volatility-based envelope set above and below an exponential moving average. The channels are typically set to two average true range (ATR) values away from the EMA. They help identify overbought and oversold conditions and potential breakouts. - RSI (Relative Strength Index): A momentum oscillator that gauges the rate and extent of price changes. It ranges between 0 and 100, where readings above 70 signal overbought conditions, and readings below 30 indicate oversold conditions. RSI can also indicate bullishness when it crosses above 50 and vice versa. The Keltner Channels and RSI strategy leverages volatility and momentum to identify effective trading opportunities. By combining the channels, which offer insights into breakouts, with the RSI, which gauges momentum, traders can uncover trading opportunities on the 1-minute chart. Entry - Traders often look for two or more closes outside of the Keltner Channel and ideally strong and/or consecutive green (bullish) or red (bearish) candles. - This is confirmed by the RSI recently breaking above 50 for bullish signals or below 50 for bearish signals. The combination of strong price action and momentum change helps traders identify potential trend continuations. Stop Loss - Stop losses are commonly set beyond the opposite side of the Keltner Channel to potentially protect against adverse price movements. - For a higher risk-reward ratio, traders might place stop losses beyond a nearby swing candle. Take Profit - Traders typically take profits when the price crosses back beyond the Keltner Channel's midpoint or reaches the opposite side of the channel, indicating a potential exhaustion of the current move. - Alternatively, profits may be taken when RSI moves beyond 70 (overbought) or below 30 (oversold), signalling potential reversals in price direction. Strategy 3: ALMA + Stochastic Indicators Used - ALMA (Arnaud Legoux Moving Average): ALMA is a moving average that aims to smooth price data while reducing lag. The settings used are 21 for the window size, 0.85 for the offset, and 6 for the sigma. This combination helps in identifying the trend with greater precision. - Stochastic Oscillator: The Stochastic measures the location of the close relative to the high-low range over a set period. Settings of 21, 1, 3 are used to capture momentum and potential reversal points. A figure above 80 signals overbought conditions, while below 20 indicates the opposite. Combining ALMA with the Stochastic Oscillator allows traders to identify potential reversals in trends. ALMA provides a smoothed view of the price trend, while the Stochastic Oscillator offers momentum-based signals, helping to confirm the strength of a move. Entry - Traders look for the price to close through the ALMA, ideally with a strong close, which suggests a potential trend change. - This is confirmed by the Stochastic Oscillator crossing below 80 for a bearish signal or above 20 for a bullish signal, indicating momentum alignment with the trend. Note that price may fluctuate above and below the ALMA in ranging conditions and produce false signals. Stop Loss - Stop losses are typically set beyond the nearest swing point, which helps to potentially protect against adverse price movements. Take Profit - Traders typically take profits when the Stochastic reaches the opposite territory (e.g., from above 80 to below 20 for a bearish move), indicating a potential exhaustion of the current trend. - Alternatively, profits may be taken at identified areas of support or resistance, where price action historically reacts, providing a logical exit point. Strategy 4: RSI + Bollinger Bands Indicators Used - RSI (Relative Strength Index): For this strategy, RSI setting for a 1-minute chart is a length of 4, with overbought and oversold boundaries at 80 and 20, respectively. These RSI settings for the 1-minute chart help in identifying short-term overbought and oversold conditions. - Bollinger Bands: Bollinger Bands settings for a 1-minute chart are a 20-period simple moving average (middle band) and two outer bands set at a standard deviation level of 2 from the middle band. They help identify periods of high and low volatility as well as potential reversal points. The combination of RSI and Bollinger Bands allows traders to identify potential short-term reversals in the market. The Bollinger Bands provide a dynamic range for price action, while the RSI helps confirm overbought or oversold conditions, improving the accuracy of entry and exit points. Entry - Traders often enter when the RSI crosses below 80 from above or above 20 from below, signalling an exit from potential overbought or oversold conditions. - This entry is confirmed when the price is also touching or breaching the Bollinger Band, indicating the likelihood of a short-term reversal. Stop Loss - Stop losses are typically set beyond a nearby swing point or just outside the Bollinger Band, providing potential protection against significant adverse price movements and giving the trade room to develop. Take Profit - Traders commonly take profits when the price touches the opposing Bollinger Band, suggesting a potential end to the current price move. - Alternatively, some may take profits when the RSI crosses into the opposing overbought or oversold territory, indicating a shift in momentum. The Bottom Line Mastering a 1-minute scalping strategy can potentially enhance your trading performance. To take advantage of these techniques, consider opening an FXOpen account. As a regulated broker, FXOpen offers access to over 600 markets for scalping, supported by commissions as low as $1.50 and spreads from 0.0 pips. With the right tools and strategies, you can navigate today’s fast-paced trading environment effectively. FAQ What Is the 1-Minute Timeframe Trading Strategy? The 1-minute timeframe trading strategy involves making multiple trades within a single minute, aiming to capture small price movements. Traders use a 1-min scalping strategy to identify quick trading opportunities and rely heavily on technical indicators for entry and exit points. Which Indicator Is Best for 1-Minute Scalping? There is no single best 1-minute scalping strategy indicator; it comes down to preference and experience. However, popular choices include the Moving Average Convergence Divergence (MACD), Relative Strength Index (RSI), Bollinger Bands, and the Volume Weighted Average Price (VWAP). Combining several indicators can potentially provide more reliable signals. What Is the Best Timeframe for Scalping Crypto*? The best timeframe for scalping crypto* depends on the trader's preference and strategy. While a 1-minute crypto* scalping strategy offers rapid trades and numerous opportunities, some traders prefer slightly longer frames like the 5-minute or 15-minute charts to balance speed and cryptocurrency* market noise. What Is the Stochastic Setting for 1-Minute Scalping? For 1-minute scalping, the Stochastic Oscillator is typically set to the standard settings of 14, 1, 3. These settings help capture short-term momentum changes, providing timely signals for entry and exit points. Adjustments can be made based on the trader's specific strategy and market conditions. *At FXOpen UK, Cryptocurrency CFDs are only available for trading by those clients categorised as Professional clients under FCA Rules. They are not available for trading by Retail clients. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Education
by FXOpen
11
BTCUSD Daily Inflection Point This is a continuation of the Weekly Inflection Point. On the daily we're getting close to a crucial area. A downward move here may indicate a large move, correction on the weekly, daily. 16k could easily be hit. There is also the potential for this momentum consolidation to have a breakout leg to 77-88k before a final correction. Watch for a break above or below the keltner channel. If the stock market is about to tank because WW3, the debt bubble created in 2008-2020, then Bitcoin will get shocked with it while everyone scrambles for PM's. After maybe bitcoin will be revived when people realize there isn't enough PM's out there, else some world wide digital currency emerges. Either way I have little hope for bitcoin, unless the NWO backs it because of the transparent transactions that can be traced, blacklisted, non fungible- control. Such a currency is a fools hope and will be used against you when tyranny seeks control over you.
COINBASE:BTCUSDShort
by Mikhiavelli
1
NQ Power Range Report with FIB Ext - 8/29/2024 SessionCME_MINI:NQU2024 - PR High: 19264.75 - PR Low: 19140.25 - NZ Spread: 278.5 Key scheduled economic events 08:30 | Initial Jobless Claims - GDP Break and follow-through below 19600 - Finding inventory zone around 19200 Session Open Stats (As of 12:15 AM 8/29) - Weekend Gap: N/A - Session Gap 7/24: -0.32% (open > 19946) - Gap 10/30/23 +0.47% (open < 14272) - Session Open ATR: 388.21 - Volume: 37K - Open Int: 238K - Trend Grade: Bull - From BA ATH: -8.0% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 20954 - Mid: 19814 - Short: 17533 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions. BA: Back Adjusted BuZ/BeZ: Bull Zone / Bear Zone NZ: Neutral Zone
CME_MINI:NQU2024
by mv3trader5
XAUUSD Gold to 4KTimeline is 6 months - 2 years The crash has already started. At some point everyone will start to sell thier treasury bonds, yields will go up proportionally to inflation until the dollar loses it's status as the global currency and dramatic measures are used to stop inflation resulting in stagflation and yield recovery. Else hyper inflation and the dollar is replaced entirely. I see the momentum indicators shifting in various markets. Below is a brief summary of each, relevant indicators/markets. see charts. US1YRBILLS WTI CRUDE SILVERUSD BONKCOIN TSLA
OANDA:XAUUSDLong
by Mikhiavelli
3
BTCUSD Weekly Inflection pointWhat I have here are a bunch of momentum channels piled on each other on the keltner channel oscillator. (weekly light blue, daily green, 3hr light purple) I didn't bother hiding lines from the diff time frames, which helps put into perspective each zone in accordance to the keltner channel TF price is in. IE on the weekly we're above the KC Mid Line. Same with each TF all the way to the 1 Hour where we're consolidating. A shift on the 1 hour makes for a potential shift on the 3 hour, and judging by our position in the relative channels on the various time frames I expect consolidation on the 3 hour with the potential to consolidate on the daily and weekly. This is what I call an inflection point. Weekly: Daily: 3 Hour: Here is a previous chart with a daily inflection point: Which direction it goes on the inflection point is a guess, unless watching every timeframe to see the inflection points on the lower TF's develope in real time. Momentum shifts mark a point where momentum consolidates; from which it could break out or break down. When I start to see shifts on the smaller time frames, they tend to consolidate, and push thier final peaks of emotion (price peaks) until the larger time frames develope a shift and consolidates as well. My first chart uses a weekly inflection point/momentum shift and the keltner channel to determine that price would drop to 20k from 60k...
COINBASE:BTCUSDShort
by Mikhiavelli
7
NQ Power Range Report with FIB Ext - 7/23/2024 SessionCME_MINI:NQU2024 - PR High: 19998.25 - PR Low: 19973.00 - NZ Spread: 56.25 Key economic calendar event 10:00 | Existing Home Sales Inventory response back to 20000 value area Evening Stats (As of 10:25 PM 7/22) - Weekend Gap: +0.25% (open > 19707) - Gap 10/30/23 +0.47% (open < 14272) - Session Open ATR: 298.08 - Volume: 19K - Open Int: 249K - Trend Grade: Bull - From BA ATH: -5.7% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 20954 - Mid: 19814 - Short: 18675 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions. BA: Back Adjusted BuZ/BeZ: Bull Zone / Bear Zone NZ: Neutral Zone
CME_MINI:NQU2024Short
by mv3trader5
FFIE in a rising channel breakout ( RIP FSR) LONGFFIE is rising in a Keltner channel with a moving average channel superimposed. On this 15 minute chart, FFIE went from a low volume trend down to a reversal with volume on the morning onf April 8th with the continuation into April 9th. This is a volatile penny stock. Long trades are taken when price crosses through the moving average channel especially if there is a corresponding volume spike. The exit when price touches or crosses the upper boundary of the Keltner channel. I have added the ATR stop loss indicator to manage the stop loss and its advancement up as price rises. The trend up is now 35% but could easily continue higher. I will take a long trade here with about a 5% stop- loss targeting 0.1184 and 0.1234 as recent pivots to the left.
FLong
by AwesomeAvani
US10Y - US Ten Year Yields WeeklySome weekly consolidation; Possible yields haven't topped yet. These inflection points lead to weekly and monthly trend changes which I will be looking for a potential spike as momentum shifts back down and rates test the keltner channel mid or upper line. There is also a possibility that rates breakout of the resistance (trend change) of this bullish leg from 2020. The Red line on the keltner channel oscillator at the bottom. I expect more black swan events to occur as chaos ramps up in the next year.
TVC:US10Y
by Mikhiavelli
Keltner Bands Pullback StrategyHere we take a look at trading pullbacks using the Keltner Channels. I cover the initial setup, the types of entries, and trades to avoid. This setup contains 3 parts: The channel touch The Pullback The Entry The Channel Touch Here is an example of the beginning signal in our setup, a band touch. The top and bottom bands represent the ATR (Average True Range) of a loopback period. So a touch of the band indicates volatility in the underlying stock or commodity. This also presents us with a chance for a nice pullback with continuation. The Pullback The pullback is simple, it is a reversion to the mean. So, the price pulls back to the mean (the ema) that the Keltners are based on. From this point, you can start to determine the entry. The Entry Depending on your style, a stop order, or limit order trader, you get to create your style to enter the trade. The following are some ideas: zero line MACD cross, second entry (price action) long or short, a trigger zone (for limit order traders), and an ema touch (limit order traders). Zero Line Entry Price pulled back and crossed the zero line on the modified MACD indicator. Second Entry Long (High2) The entry is the second attempt to break the previous bars high in a pullback. The Trigger Zone I created these based on an internal Keltner channel. You can set your limit orders anywhere inside of them. EMA Touch Whenever the price touches an offset ema you can enter. So you can place and move your limit order as the ema moves. I like to offset by one because you are guaranteed a price touch (ema doesn't move). Backtesting is also my accurate with an offset ema. Conclusion The Keltner channels offer an extremely powerful way to determine a potential pullback within a trend. They also help define trends (on the first touch) and help objectively identify climatic behavior. This strategy as a whole allows for high-quality setups and the flexibility of entering and exiting trades based on trading style. I like to shoot for a 1:1 based on stop placement.
AMEX:IYREducation
by JoeRodTrades
3
TSLA - Weekly Inflection PointDaily is winding up to an inflection point, while the weekly is getting close as well. I'm favoring the bearish break; but there is a chance for a bullish reversal- so time will tell. What I can say is that we're approaching a conclusive point in time that will send price with signifcant momentum in either direction. When I look for an inflection point I watch for consolidating momentum. In turn I watch for breaks that releases the built up energy. Previous Analysis:
NASDAQ:TSLAShort
by Mikhiavelli
BTCUSD - Potential Daily Inflection PointThis probably still needs time but we're approaching an inflection point, it may take another month or two to wind up, so I'll have to watch. Bitcoin has been popping up in it's low liquidity enviroment, and the MM is likely net short due to the influx of buyers. Since the market needs sellers, it's possible MM will push price down to get some liquidity. On the 1 hour, DXY is playing it's usual games, and bitcoin is hitting a momentum shift; looks like another short squeeze without any follow through. As DXY pushed up, bitcoin gets hammered back down. I made some trend lines on the keltner channel that gives me the momentum shift signals. Here is an earlier SS from last night: Current Daily: So I expect the resistance on the daily and dxy to push bitcoin back down into breakdown territory. If not then it could be a major breakout.
COINBASE:BTCUSDShort
by Mikhiavelli
NQ Power Range Report with FIB Ext - 3/7/2024 SessionCME_MINI:NQH2024 - PR High: 18048.00 - PR Low: 18018.50 - NZ Spread: 66.0 Key economic calendar events 08:30 | Initial Jobless Claims 10:00 | Fed Chair Powell Testifies Prev session printed as inside bar - Fading to prev session open from close - Inventory response off prev session lows - Consistently responding around daily 20 Keltner avg Evening Stats (As of 12:15 AM) - Weekend Gap: +0.08 (filled) - Gap 10/30 +0.47% (open < 14272) - Session Open ATR: 244.10 - Volume: 39K - Open Int: 290K - Trend Grade: Bull - From BA ATH: -2.2% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 18675 - Mid: 18106 - Short: 16963 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions. BA: Back Adjusted BuZ/BeZ: Bull Zone / Bear Zone NZ: Neutral Zone
CME_MINI:NQH2024Short
by mv3trader5
NQ Power Range Report with FIB Ext - 3/6/2024 SessionCME_MINI:NQH2024 - PR High: 17985.00 - PR Low: 17952.25 - NZ Spread: 73.0 08:15 | ADP Nonfarm Employment Change 10:00 | Fed Chair Powell Testifies - JOLTs Job Openings 10:30 | Crude Oil Inventories Huge inventory decline prev session - Faded into daily 20 Keltner avg - Inventory response off 2/28-29 lows - above prev session close Evening Stats (As of 12:15 AM) - Weekend Gap: +0.08 (filled) - Gap 10/30 +0.47% (open < 14272) - Session Open ATR: 240.75 - Volume: 24K - Open Int: 285K - Trend Grade: Bull - From BA ATH: -2.1% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 18675 - Mid: 18106 - Short: 16963 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions. BA: Back Adjusted BuZ/BeZ: Bull Zone / Bear Zone NZ: Neutral Zone
CME_MINI:NQH2024
by mv3trader5
Correlations of Retail Stock Traders & Carl Jung's Archetypes Carl Jung, a renowned Swiss psychiatrist and psychoanalyst, introduced the concept of archetypes as universal patterns or symbols that reside in the collective unconscious. Carl Jung's archetypes , rooted in the collective unconscious, offer profound insights into human behavior and decision-making processes. (archetypes example would be the Devil and Angel on your shoulder, Jung beleives there is more to it that good and evil) Retail stock traders, operating in a dynamic and often volatile market, are not exempt from these archetypal influences. Let's explore the correlations between Jungian archetypes and how they impact the decision-making process of retail stock traders when executing trades. The Hero Archetype: The Hero archetype drives traders to conquer challenges and attain success. Within retail stock trading, this archetype encourages traders to take calculated risks, seize opportunities, and exhibit unwavering confidence in their decision-making abilities. While the Hero can inspire bravery and determination, traders must be mindful of impulsive and overly aggressive behaviors that may lead to irrational choices. The Sage Archetype: The Sage archetype embodies wisdom, knowledge, and the pursuit of truth. Retail stock traders influenced by the Sage archetype engage in extensive research, analysis, and due diligence before executing trades. They seek to understand market dynamics, uncover patterns, and leverage their intellectual prowess to make informed decisions. However, an excessive reliance on analysis may result in analysis paralysis, inhibiting timely execution. The Jester Archetype: The Jester archetype represents humor, spontaneity, and irreverence. In the world of retail stock trading, this archetype may manifest as traders who adopt a lighthearted approach and embrace risk with a sense of playfulness. Jester-influenced traders may be inclined to explore unconventional trades, pursue novelty, and seek excitement. Nevertheless, caution must be exercised to avoid impulsive or reckless decision-making. The Caregiver Archetype: The Caregiver archetype embodies compassion, empathy, and a desire to nurture others. In retail stock trading, traders influenced by this archetype prioritize socially responsible investing, seeking companies aligned with their values. They consider sustainable practices, ethical considerations, and impact investing as integral components of their decision-making process. However, emotional attachments to causes may cloud judgment, necessitating a balanced approach. The Magician Archetype: The Magician archetype symbolizes transformation, power, and the ability to manifest desired outcomes. Traders influenced by the Magician archetype possess intuitive market understanding and employ strategies that seem almost mystical. They may rely on technical analysis, precise timing, and sophisticated algorithms or trading systems. However, an overreliance on intuition without grounding in tangible data may result in unreliable decision-making. The Shadow Archetype: Carl Jung's concept of the shadow archetype represents the darker, suppressed aspects of the psyche. In retail stock trading, the shadow can manifest as greed, fear, impulsivity, or an inclination toward unethical practices. Traders must confront their shadows and acknowledge the potential biases and emotional influences that can cloud judgment. By bringing the shadow into conscious awareness, traders can make more objective and rational decisions. Impact on Decision-Making Process: The interplay between these archetypes and the shadow profoundly affects the decision-making process of retail stock traders. Awareness of these archetypal influences enables traders to leverage their strengths while mitigating potential pitfalls. Recognizing the shadow archetype's presence allows traders to confront their biases, manage emotions, and make more rational and ethical decisions. Understanding the correlations between Carl Jung's archetypes and the decision-making process of retail stock traders sheds light on the intricate psychological factors at play within financial markets. By recognizing and integrating these archetypal influences into their decision-making process, traders can enhance self-awareness, improve emotional regulation, and ultimately make more balanced, informed, and profitable trading decisions.
AMEX:SPYEducation
by thebearfib
1