Successful Long Trade (BOUNCER Market)Apple stock has recently passed the NO-TRADE zone and morphed into the BOUNCER Market Personality.
When Mr. Bouncer is in town, we are allowed to trade both long and short. Which is great.
As per the CONDI rules, most technical studies show near-perfect signals inside the Bouncer MP .
There's just one condition - every recognized trading opportunity has 2 be FULLY confirmed via the CONDI Trading System!
Recognized such long opportunity, fully confirmed and legitimate, at the point marked with the callout.
Trade successfully closed hitting the System profit limit within 2 1h candles.
Happy CONDI trading!
System
Successful Long Trade (BOUNCER Market)In a Bouncer market like this is, the CONDI Trading System allows us to trade both long and short.
We only pull the trigger - and this is important - as long as our trading opportunity is fully confirmed.
Most technical studies show signals near to perfection while Mr. Bouncer is at play.
Recongnized a promising long opportunity 100% confirmed via the CONDI TS at point marked with the callout.
Trade successfully closed hitting profit-limit within a single 1h candle.
Happy CONDI trading!
EURUSD last buying area.EURUSD has its last buying area (green)
I will place a trade there.
The movement 0A is correctiv. But if you look overall, you see that the market is moving in the red rectangle -> bigger buying area.
This movement is corrective and it could be possible that the market want to break out of these areas.
OIL - Buying areaCrude Oil created a new high in this month. For me this level is attractive. (618er)
It is the first bigger correction of the alltimelow.
Long BTC/USD My system tells me that BTC/USD downtrend comes to an end and its possible to go LONG on the HIGH of previous "green" bar
If the price will hit our stop buy order, I will set stop loss 4% lower the entry price and 10.5% higher the entry bar would be my profit target.
I will close my LONG also when the If trend will over (yellow, grey or red bars)
What are the green bars and others, you can see on my scripts in the profile
Feel free to use my scripts on your own
Good Luck and good trading!
Successful Short Trade (BOOMER Market)Dow Jones Industrial index is in an obvious (and aggressive) BOOMER market, nose-diving South.
During a market freefall like this is, one of the wise things to do - is to ride the wave, trading CFDs.
As per the CONDI Trading System tules, the only trading allowed in this setup is (strictly!) with the trend.
T.m. only taking Short trading opportunities, 100% confirmed by the CONDI Trading System.
Recognized (yet another) such opportunity at point marked with the callout.
Trade successfully closed with profit within 5 1h candles.
Happy CONDI trading!
Successful Long Trade (BOUNCER Market)Another Bouncer market beauty - spotted in a popular Spot FX Major market.
As per CONDI Trading system rules: When Mr. Bouncer is at play, we are allowed to shoot both north and south.
If a trade is fully confirmed by the CONDI System, that is.
Spotted a 100% CONDI-confirmed long trade at point marked with the callout.
Trade successfully closed with profit within 2 1h candles.
Happy trading.
200 EMA - best use for entries!I don't use indicators, they're not my style, they lag, they repaint; and in my opinion they don't work.
The 200 EMA on DAILY can be useful because of how slow it is. We can use it to filter the direction of which way we trade.
Price ABOVE 200 ema = ONLY BUY
Price BELOW 200 ema = ONLY SELL
Then drop timeframes for your entries via your strategy whatever that may be. If your strategy says go long but price is below EMA, don't take the trade etc...
Ignore the EMA on other timeframes lower than the daily. You want a slow daily direction indicator.
Don't blindly trade this, wait until price is clearly past the EMA and maintaining a good distance from it.
Use it as a guideline if you struggle working out fundamentals to help you filter a direction to trade.
NOT TO REPLACE FUNDAMENTAL ANALYSIS!!!
Bears on USDCAD Hey guys I wanna come up with another market: USDCAD.
Unfortunately I'm still not able to make larger analysis, because I can't post any kind of pictures.
Anyways, we are looking at the 4 Hour Chart of USDCAD. If I could only show you the bigger picture, you would probably understand it easier. But I will try to explain it with my words.
The green line at the high is the 1.618 of a target zone resulting of a bullish sequence. At that point the price were also in a bigger correction level (black square which you barely can see).
The market reacted very good and activated a bearish sequence in blue. Looking kinda ugly, but as you can see we are in a valid bearish correction level, therefore picturing a nice sell oppurtunity.
In your 30min chart, you can recognize a little bearish sequence starting in this sell blue sell area, which already got finished and even triggered us peeeeerfectly at the 0.5 correction level of this whole move.
This market is definitely a nice one to sell.
We have enough space to reach the green correction level of the previous mentioned bullish sequence which slightly overlaps with the blue target area. (0.667 of green perfectly lines up with the 0.5 of blue)
That was a fast one, but I just felt like posting this and I hope it was easy to understand for you guys.
Have a nice week.
System learned by Stefan Kassing!
This is not an investment recommendation!
Further drop for EURCAD?Above you can see the daily chart of EURCAD with an activated big bullish sequence (blue).
Since it's a bullish sequence and the chart looks pretty cheap overall (Monthly chart), we would like to see some possible buy areas!
After the first correction to point B we were able to define a new high (number 1). If the market comes down after the previous scenario, we can draw the BC correction level which I named "Previous BC Correction Level" because it is not the current right one.
The market slightly over-extended but created a new higher low (number 2) which led to nearly a same high like point 1. (Nevertheless it's a little bit higher, which led to a new BC-correction level).
Of course this whole move doesn't look like there were enough bulls in the market to push the market further to the top.
EURCAD started a bearish sequence from up there (black) which has its target area right around the point B from blue. We need to remember that every low and every high is a liquidity zone.
As you can remember the low at point 2 gained not enough power from the bullish perspective. The following green bearish sequence seems like it was just drawn right in the middle of the chart. Unfortunately I'm not able to show you more pictures especially from the lower timeframes. I am missing reputationpoints haha. You could see that this sequence started after a consolidation phase which therefore is a valid opportunity to define a new sequence.
The green BC correction level worked very good. The next very attractive buy area is obvious. The green target zone slightly overlaps with the 0.667 line from blue. Since we are still in a valid buy area from the daily chart, this is a nice buy chance we need to consider. Another reason is the price area around point 2, which defines a nice liquidity area. Maybe it just needs to catch a few more buyers to reach new highs.
In perspective of price action it is also possible that it will even go further down towards the black target, to offer a cheaper price which can lead to a gain of a lot of buyers.
Conclusion: I'm looking for buys, especially at the overlapping area of green and blue. If the market is able to build some bullish structure before reaching the previous mentioned area, I will risk buys aswell, since the big blue BC correction level has more supremacy.
Kiwis vs. LooniesThis chart is a little more ... in depth.
First of all, we do not short the market, eventhough we want it to reach the green box, where we are looking for long entries.
Why are we not shorting the market? -> there is no valid structure for us.
We want to buy that market, and enter at either one of the 4 relevant green levels.
Lets take a look at the big picture first!
In the weekly chart, we are in the bullish BC correction area right now:
As you can see, nearly every correction level gave us good entrys. Even in the weekly. As I dont trade the weekly, lets have a look on the daily, where we found the red sequence, to bring price into the blue correction area.
Daily Chart:
from the last high in the weekly trend, a sequence was formed. Our first entry is the correction level of the B to C move. Everything prior is gambling.
and finally we look at what we could do right now:
So lets wait for price hitting our buy area, and enter the trade. Happy Pips!
If you have questions, regarding this system, let me know!






















