Step #1: Attach the Chaikin Money Flow Indicator on your Preferred Time Frame Start first by preparing your charts ready for the battle. Simply attach the Chaikin Money Flow indicator on your favorite time frame. This is the only additional technical tool we’re going to use to confirm the validity of the bearish shooting star pattern. Using the CMF indicator we...
Price in ascending channel and has failed to make a new high Price may bounce bullish at any of these levels shown If price continues to fail through the ma levels then 1st Short trade 1st Sell Stop @ 1.1415 If price breaks below both ma levels then 2nd Short trade 2nd Sell Stop @ 1.1390 Sell TP is @ 1.1363 SL as shown Watch for Mace to confirm direction by...
Pair has down trending pattern waiting to resume Price has failed to go above 100 sma If price goes above 100 sma then Long Trade Buy Stop @ 1.2710 Buy TP 1.2795 If price falls below 50 sma then Short Trade Sell Stop @ 1.2595 Sell TP @ 1.2505 Find your SL Watch Mac for direction
Bitcoin Indicator found a long trade entry Adjusted SL and TP shown Bitcoin Indicator works on any market and time frame If you have any questions PM me and i will be happy to help
Look for our "Best Trading Indicator" for MT4/5 8 sma cross over of 20 sma with Alert Alert can be sent to any of your devices PM me for the complete pdf of this strategy if you are interested
Look at rules listed on CADJPY Step 2 breakout went long Step 5 - waiting to place trailing stop at bottom low of each 1H candle close after breakout
Step #1 How to Identify the ORB Nr4 The ORB pattern is defined as a trade taken at a fixed value of the opening range. The Opening range Breakout trade is more effective if taken after an inside day that has its daily range smaller than the previous 3 days, which is where the Nr4 stands for. You have three candles followed by another candle with a daily range...
Price is moving back to the ma's Price may retrace some before it continues down Sell Limit @ 1.5760 Sell Stop 2 1.5720 Sell Taker Profit @ 1.5656 Find your SL Watch Macd for direction
Pair is in a range pattern Price is below both ma's If price goes above 100 sma and stays Long trade to top of range If price stays below 100 sma Short Trade Sell Stop @ .6820 1st Sell Take Profit @ .6795 2nd Sell Take Profit @ .6775 SL above 100 sma
Colored columns signal trade direction Entered trade at close of breakout candle Closed trade at close of yellow column candle PM me if you have any questions about our Big 3 Trading Strategy Indicator
Bitcoin Indicator works on all markets and time frames Bitcoin Indicator shows entry point, take profit, stop loss that becomes an adjusted trailing stop PM me if you have any questions on this great indicator
Renko Trading Strategy #2 Another profitable Renko strategy you can use is to focus only on the bricks. No additional technical tool is required for this system. We’re going to explore a very simple and yet very powerful Renko chart pattern that incorporates the wicks. This Renko price pattern looks for two consecutive bricks of the same color and both bricks...
Renko Trading Strategy #1 For this Renko trading strategy we only need to use the RSI indicator. We like to use a 20-period RSI indicator. So, the period is the same as the ATR Renko brick size. After we spot the momentum divergence an entry signal is triggered once we get a reversal. On the Renko chart, a trend reversal is set in motion once the brick changes...
Price can retrace before Fridays news Fib shows possible 61.8% retrace Sell Stop @ .6895 Sell Take Profit @ .6835 Find your SL
Price failed to make a new high which would have confirmed a Bullish continuation move If Price breaks below both sma's 1st Sell Stop @ 1.7290 2nd Sell Stop will be when price on the 15m chart makes a Break-Hook-Go pattern below the trendlind 1st Sell Take profit 2 1.7235 2nd Sell Take profit @ 1.7175 SL above 100 sma Watch Mach for direction - should cross below...
Step #1: Plot on your chart the 20 and 50 EMA The first step is to properly set up our charts with the right moving averages. We can identify the EMA crossover at the later stage. The exponential moving average strategy uses the 20 and 50 periods EMA . Most standard trading platform come with default moving average indicators. It should not be a problem to...
Trading Doji candlestick as a stand-alone trigger signal is a bad idea. Price usually whipsaws around doji. Note #1: In technical analysis, the Doji candle is a neutral pattern if it’s used as a stand-alone candlestick. However, if the Doji candle it’s used in conjunction with the preceding price, we can establish a bullish or bearish bias. A whipsaw pattern...
Price has stayed below 50 sma Macd below Red Zero line Berish bias Watch for Macd to cross below Red signal line Short Trade Sell Stop @ 1.2719 1st Sell TP @ 1.2689 2nd Sell TP @ 1.2620 SL above 50 sma Close trade if Macd goes above Red Zero line