LittleSovi

LittleSovi

Rsi + inverted hammer + price crossing ema 20. Short term volatility driving momentum downwards.

LittleSovi

Basic 3 points touching at 4h and inverted hammer on the current d1 bar.

LittleSovi

I confirm trend by seeing atleast 2 cycles but the price is not in the position where its starting. Not on this.

LittleSovi

Macd shows change of direction. Be ready for a bungie dive.

LittleSovi

Swing high, low test bar, downward morning star. Market sentiment may cause a short.

LittleSovi

It may go up if the high or low of the base bar is breached. So keep an eye.

LittleSovi

Any idea you come upon must be tested in demo because doing so allows you to see how it can be applied in real time and safely. Example. Only trade if price passes 50 ema. How do you go about it? 1. Limit order before price passes ema 2. Market order as you visually see it happen 3. Stop order when price before ema and putting the stop on the side passing...

LittleSovi

It's not text book perfect because of a few noise but, we may be ending up with a new cycle with UJ So, keep posted on UJ.

LittleSovi

If you hear others say get in this, and you want to join in, but failed to do your confirmation check and due diligence, then you may end up depressed if the bet fails. If and when you hear others with 40 pips in 50 pips and holding, it is safer for you to ignore it and do your own thing. You have to trust your own plan, especially if it is working for...

LittleSovi

These two often signal a reversal where price bounces between the two of them. Hence after the w consolidates down bellow, it may go up. How then to decide? Put a buy limit and a sell limit on the consolidating lower time frame. What gets hit, you continue, what doesn't get hit, you close.

LittleSovi

Connecting the low to a lower low and high to a higher low is how we can say something is trending. Here usd jpn fits the criteria and is now in its phase one.

LittleSovi

Disclaimer. Educational purposes only. Prices basically go up and down. Depending on the logic of the people who buy or sell, the strength of the push between the two moves. Support and resist lines may serve to guide in the direction where they go. And these have level of strengths. As new traders we make lots of lines. But as we get better, we know to...

LittleSovi

Want to know the growth of usd jpn? Learn to compute with a very simple equation. A simple way to do it, depending on your basis, is to get the change of the close per year. Ex. ((2021 price - 2020 price)/2020 price)*100= change in percent. There's multiple ways to do this. But I find this one works for me. Now you can compare multiple years like this and...

LittleSovi

Disclaimer. Educational purposes only. 1. Historical data. Arrows show trending up. 2. Recent data. Arrow shows trending down. 3. Heavy resist and 50ma causes price to bounce. 4. Trigger bar, the big candle prior two weeks is the candle resistance that may serve as to the final direction until the next resist areas. Circle highlights the trigger.