Ride the short to bottom trend line. Trend is very strong and will open strong.
I have mentioned previously that strong trends is the best for my timeframe trading strategy. With a strong trend in place we can predict expected pullbacks and trade beyond the typical timeframe take profits. Here is a 17 hour timeframe trend continuation trade that I will be closing out shortly to be safe!
Back at it again with my swing time frame strategy Entered trade at 7pm US time as this is a common swing time. No significant pullbacks occurred so I left the trade open expecting the trend to ride until 12am. 12am candle rode the trend confirming a 1am t/p. Time frame pattern is at the strongest when swing happens at 2am which is when I placed a buy. Closed...
Sell now and look for pullbacks around 2-3 am (US Time). I think a minor pullback occur and the trend will continue downward. I will provide an update.
I expect this pair to open below the previous close. If this occurs a late sell signal will emerge on my MACD set up. ADX looks like its setting up for a divergence as -D is crossing up on +D at a near 180 degree angle. If this plays out I will enter an initial buy and close out at my 12 am time frame to prepare for the short. The idea of my timeframe strategy...
If the price opens above the previous market close price my MACD indicator will signal a direct entry point buy. + D is above - D on ADX indicator and ADX is set to cross up through SMA. If the price opens below the previous market close the MACD will straighten out. If this occurs a bearish trend may occur with minor pullbacks or a bearish trend make fake out...
Last week when the market opened for EUR/USD we saw late sell signal on MACD with +D above -D on ADX. We saw a pullback to my 12 am (US time) preferred time frame entry. We see the same set up for this weeks market open. We are on a late sell signal on MACD with +D above -D. A pullback will occur before the drop.
We can see a late sell signal to occur with +D above - D. Positive histogram completed a uniform figure and did not start a significant negative uniform. Both 20 and 50 EMA are heading upward while 200 EMA is preparing for a cross. Expect a bull movement at market open until 12 am US time. We will either see a significant pullback until 3-4 am before the move up...
I have discovered a trend pattern correlation to add to my timeframe trading strategy for scalping. The pink arrows represent 3 am US time and the blue arrows represent 12 am. 12 am and 3 am are significant because they are common pullback, consolidation, and trend break times. I noticed 12 am candles close out almost at initial candle open. If a 12 am candle...
Short idea. Learning crypto patterns and pullbacks on the weekend to expand my knowledge. This is just a simple idea using EMA’s to enter a trade.
5 out of 5 timeframe swing trade success 650 Pips. Histogram and ADX signal sell before a rise. Entered trade at 5pm Thur with indicators confirming initial drop. Trend continued to 12 am. I closed as all indicators (MACD, ADX, and currency heatwaves) shifted signaling reverse. Entered the swing at 1 am and as expected slight pull back around 3am. Trend...
4 out 5 timeframe swing trade success. Entered trade at 5pm Thursday evening. Sell signal on MACD was false confirmed by + D above -D on ADX. This clarifies a pullback will happen around 12 am (strong pullback occurrence through all pairs) At 1am all indicators (MACD, ADX, and currency heatwaves) shifted entering the pullback allowing for a sell entry. A...
3 out of 5 timeframe swing trade Thur-fri. Another successful timeframe swing trade with a small pullback. At the 5pm mark downward checked out. This entry point checks out my MACD/Histogram early indicator strategy. The trend stayed true until my 12 am mark. All indicators (MACD, ADX, and Currency heat waves) had significant shifts. This gave me conformation...
Post 2 out of 5 time frame strategy thur-friday success. My previous post I showed an example of a time frame swing trade. This post is an example of my time frame trend continuation strategy. At 5 pm it was safe to enter a sell. MACD histogram correlating with -D above 25 line was a strong indication of consolidation ending for a drop. The trend played out...
This is 1 out of 5 trades I entered Thursday evening into near market close. I will post all results starting with this. Back track all and you will see the near 5,000 pips I cashed out. As presented I entered this trade at 5pm with confirmation of a trend change using my currency heat wave app, MACD, and ADX. If you study time frames you know that if a trend...