EURGBP-DAILY-BEARISH DIVERGENCE
This is intended more as educational material on a strategy for using renko charts. To begin with, I'll be using USOil in the examples but will include other markets as I continue through the series. The material is not intended to prescribe or recommend actual trades as the decision to place trades is the responsibility of each individual who trades as they...
Bearish divergence = Higher highs on price, lower highs on indicators - Weak signal in bull markets, but usually happen before a trend change (especially along with a volume spike) Bullish divergence = Lower lows on price, higher lows on indicators - Strong signal in bull markets; usually followed by continuation of the bullish trend Nothing works all the...
This is intended more as educational material on a strategy for using renko charts. To begin with, I'll be using USOil in the examples but will include other markets as I continue through the series. The material is not intended to prescribe or recommend actual trades as the decision to place trades is the responsibility of each individual who trades as they...
This is intended more as educational material on a strategy for using renko charts. To begin with, I'll be using USOil in the examples but will include other markets as I continue through the series. The material is not intended to prescribe or recommend actual trades as the decision to place trades is the responsibility of each individual who trades as they...
Weekly update on the major US equity markets using the CFD on US30 futures index. Stay tuned! There should be more to come Disclaimer: The information of this post is ”general advice only” and does not take individual circumstances into account so do not trade or speculate based solely on the information provided. By viewing this video you fully accept and...
Breaking the 61.8% Fibonacci level to the downside as bears gain some near-term trend strength. Hope this helps! FiboSwanny
Hello, everyone Pho asked for an explainer to using the script. Here is my first quick attempt to describe the script. How it works and what to look out for. PLease it's still a work in progress.it's doesn't tell you how much of a move the market will make. but it should help in making a better entry and exit decision on your part. Mainly I developed it to help...
Price is dipping lower as expected. We talked about the dip happening on our youtube show, and so far buying interest interest is coming in on dips. I laid out areas of support on the chart around the Fib level and the area on the RSI. Low trend momentum should keep us inside the trading zone of 3800ish to 4100ish. Happy trading!
Bullish signals coming from the RSI and the ADX, but the only thing lacking is volume. Cautiously optimistic, but staying long. Have a good weekend!
The 61.8% Fibo level held as support so far, and I like the candle off of it. Protective stop is place just underneath the golden ratio here.. let's keep it going people! Thoughts?
- Bullish Wedge - Daily Regular Bullish Divergence - Huge Short Sentiment (Contrarian positioning) - Previous Price Reversal Point ** Note I did say 'risk what you cant afford in the video, obviously I meant only risk what you can afford **
D4rkEnergY is here to spread wisdom on the upcoming Market Crash! Enjoy the video. Please LIKE and SUBSCRIBE if you enjoyed the video! - D4
Early warning system: This identifies a developing divergence and can be used to set alerts.
Weekly update on the major US equity markets using the S&P500 E-mini futures index. Stay tuned! There should be more to come Disclaimer: The information of this post is ”general advice only” and does not take individual circumstances into account so do not trade or speculate based solely on the information provided. By viewing this video you fully accept...
Hey all This is the first Market Update for the USD/JPY! Check out the recent "Update + The Way Forward" video for an explanation of what these are and why I'm doing them :) Suffice to say, the USD/JPY is reaching a critical point that will likely define the market for the coming years. That's the longer-term view, but over the short term I'm expecting a swing...
Weekly update on the major US equity markets using the S&P500 E-mini futures index. Stay tuned! There should be more to come Just remember: The information of this post is ”general advice only” and does not take individual circumstances into account so do not trade or speculate based solely on the information provided. By viewing this video you fully accept...