If Bitcoin is the gold of cryptocurrencies, then Litecoin is the silver of cryptocurrencies. The only indicators you need are the following: On Balance Volume or the OBV – The OBV indicator is based on the idea that both the volume and the price activity are equally important. In this regard, the OBV combines both price and volume to show you the total amount of...
Price is stair stepping down Sell Stop @ 129.68 Take Profit @ 129.40 Follow Macd for direction
Hello trading friends! Welcome to this new update on Bitcoin. If you look at this four hour chart, you will see that Bitcoin continues to trend downward. Why? Well, there are thousands of reasons why but that is not the point. You are the smart money and not the "dumb money" or the "FOMO money" (fear of missing out) With so many technical analysis chart flying...
Follow Macd for direction Bull Trade Buy Stop @ 1.6005 Take Profit @ 1.6040 Bearish Trade Sell Stop @ 1.5910 Take profit @ 1.5830
If price breaks below both ma's then Sell Stop @ 1.2295 Take Profit @ 1.2260 Follow Macd for direction
CADJPY has a positive correlation with stock market prices
How does an oil symbol price move in relation to the EURCAD price
If you have a forex broker that does not offer you the dollar index symbol then you can use the USDCHF symbol because it mirrors the price movement of the dollar index.
FOMC today Crude oil actual -2.6 Forecast 2.6 Previous 5.0 If Dollar is strong have Sell Limit @ 1.2982 If Dollar is weak have Sell Stop @ 1.2945 Take Profits listed
Ethereum Trading Strategy All we need for this trading strategy is two technical indicators: The MACD – This is a momentum indicator that can help us spot a trend. The MFI or the Money Flow Index an overlooked but critical technical indicator that measures the money flow into or out of a cryptocurrency. The MACD is one of the most common indicators used by traders...
Sell Order is Bearish breakout of support Take Profit as price returns to 50 sma Macd is over bought bearish bias
Price had a bearish move. Price retraced back into a 38.2% to 61.8% Fib and has consolidated there Buy stop above 61.8% fib and resistance level 571.12 Bullish Take profit at 100% fib & 1.272% fib Sell stop with a close below 38.2% fib Bearish take profit at 0% fib & -.272% fib
Price had a bearish drop Price reversed EFC long signal painted Macd oversold Profit target is determined when Macd Blue & Red line cross above 80 Stoch line
Tomorrow is FOMC and Federal Funds Rate. Previous - 1.50% Forecast - 1.75% Tradeable Deviation - 0.25% If Actual - 1.50% weak dollar If Actual - 1.75% strong dollar EURUSD can move in 2H after news 70+ pips EURUSD 90%+ directional match following news direction FOREX TRADERS - DO YOU EVEN TRADE FOMC IF SO HOW DO YOU DO IT?
EUR/USD Intraday Seasonal Patterns Before looking on how the intraday seasonal patterns portrait the market it’s important to be aware that we can divide our trading day into four major trading sessions: the Sydney session, the Tokyo session, the London session, and the New York session. During each of these sessions, liquidity is not distributed uniformly and...
Indicator finds buy/sell signals of trend continuation trades Red column means short trade is setting up Red line is sell stop level Profit here is 2 to 1 RR
There are multiple ways to trade using the Fibonacci Retracement Tool, but one of the best ways to trade the Fibonacci is by using it with trend lines. Trading Tools for Fibonacci Trend Line Trading Strategy 1. Fibonacci Retracement 2. Trend lines Rule #1 Find a Trending currency Pair Rule #2 Draw a Trend Line Rule #3 Draw Fibonacci From Swing low to swing High...
BCHUSD 15M WILLIAMS %R INDICATOR STRATEGY My 15m scalping technique - 14 length Our team at Trading Strategy Guides believes that a momentum indicator strategy can reduce risk and enhance your overall returns. One of the core market principles is that momentum precedes price so in this sense a momentum indicator strategy is more like a trend following...