Note that the price of of this instrument never closed below the Red Indicator line. I maintained my bullish bias because of this.
OOPS! :) While I am stopped out at a 1 cent gain! $STUDY #stocks #trading $XLI
The custom support resistance indicator lines show decent places to enter or exit. The Blue indicator line serves as a Bullish Trend setter. If your instrument closes above the Blue line, we think about going Long. If your instrument closes below the Red line, we think about Shorting. For Stocks, I prefer to use the Yellow line as my Bearish Trend setter.
A close below the Yellow Indicator Line would be bearish $TLT $TYX
New position today. Buying at the breakout levels above my custom Blue Indicator line -Alex
This chart shows bitcoin vs US Dollar on a Daily time frame. Notice the 4 colored lines. These are custom scripts that show good levels to buy and sell the instrument. A close below the Blue line could open the door for a trip to the Red line, which is currently around $8500. That level would be bearish and I would consider shorting it there. ___ The custom...
The bitcoin craze is showing signs of quieting down (I hope). This instrument (Riot stock) is showing significant selling pressure. If I was trading it, I would consider shorting it on a break below the Red indicator line. The custom support resistance indicator lines show decent places to enter or exit. The Blue indicator line serves as a Bullish Trend...
Guys at #Kitov Pharma sure seem to be doing something right, but are they perhaps failing to appreciate some hidden obstacles in their path? My custom support/resistance indicator lines on this chart show decent places to enter or exit. The Blue indicator line serves as a Bullish trend setter. If your instrument closes above the Blue line, then we think about...
Chart shows my custom trading indicators.
$XLY $GES $GPS $M
$MRTX $XBI $IBB
This chart shows a lack of a breakout above the Blue Indicator line = no long trade. $IYR $FRT
Chart is showing a new breakout above the Blue resistance line. $XLB #Trading $NUE
On this chart TLT is graphed on the weekly timeframe. Notice the custom indicator lines. If you are interested, contact me about them. TLT traded in a tightening range for many weeks. Note the narrowing of the indicator lines. Additionally, there appears to be a Triangle Consolidation that is taking place with 3 Inside Weeks in a row! A breakout either way could...
#Oracle is poised for a bounce. $XLK $QQQ
Chart clearly shows Bearish territory for #bitcoin $BTCUSD $BTC.X
Watch for a breakout above the Blue Line $XSD $SMH $XLK $QQQ #Semiconductors #trading