This is a simple , single , test of the Trend Shift Indicator's lead time.
5 day chart.
Lead time = signal time - directional shift time
Warning sign: upper line on TSI trending down while price trending up
End of warning: price shift in accordance with TSI direction.
Optimal Lead time = 1.25 days (of 5D)
Practical lead time= 1 day (of...
The trend lines depict the overall trading zone. I think GBP/AUD is in the perfect Buy position and that is just my opinion. As traders I also think it's important to build a community of like minded traders. Let's help each other out to success. I think the journey will be much more valuable. Good luck traders and let me know if you think I could do anything...
$BAT/$BTC possibly has formed one large pennant, broken out, broken previous ATH, and is now retesting. IMO a break up would be extremely bullish and a break down would be bearish, but wouldn't be as severe as a break up
Fisher and very overbought CCI are indicating a pullback to occur within 2-3 days, probably to the 279-281 level where local support sits. Setting up some call credit spreads near ATH and looking to go long the dip.
BTC/USD updated chart using fib channels. I can see that btc will be making an attempt to pass 4200, however, if it does not break out of the range at the same area as the green line (indicating the level of the cross) then the break will not happen. As I believe we will be test 4200 before we get to the cross area, I expect a 4200 test, then a small retrace...
This is my prediction for Sunday through to the rest of the upcoming week. I expect a test of 4200 today (Sunday), then a retrace (starting the weekly/monthly with a dip), before continuing upwards.
Blue triangle indicates the current range.
Green box is buy.
Red box is sell.
Blue line indicates major resistance.
Yellow line indicates t/p.
This is a log...
Entered short as it looked like it was extended. Playing it back to the channel trend line. Problems with the entry was it was a tad early, and support was right there 0.945 area. It plowed through that area more rapidly that I thought. The idea was to play it to the trend line and then trail it out.
It worked, but I'm not sure it was the strongest trade.
I will be running a series of tests that will enable me to determine the probability of success of specific strategies. I will even test strategies that I feel may not work. My goal is to test various patterns that many think are profitable. I will then apply the results to my own trading.