Hello everyone. Just saying that I am still alive, more/less. Rather penniless right now, working a crap retail job. I do plan on getting back into day trading though and programming again. If any of my scripts ever helped you, please consider helping me out a bit with getting back into day trading and updating my scripts as well as making new ones. I really miss...
Hello everyone. Been a while since I traded again. I've been holding back since Brexit and trying to avoid trading with the US elections going on but started looking at charts again last week. Today I am entering short on WTI Crude Oil. I have entered at the current price of 46.94$ with a stop loss of 50$. Please use your own judgment if you trade in agreement for...
Trading again today. This time I am going long on the USDJPY. Looking at a 4h chart there are several good signals. Shown on my chart we are in an area of Demand. Additionally we have 76.4% fibonnacii support, a morning star candle formation and are coming out of being oversold. My entry, sl and tp are marked. As always use your own discretion for placing your orders.
I haven't posted anything on here in a long time so figured I'd post my current trade. This is a very simple setup I have been using for a while to trade on demo accounts and on 1broker. It is a combination of the Stochastic Oscillator as used in Mumbai Scalping set to 5,3,3 And an Ichimoku Cloud. My cloud has been altered to provide me with signals, I never...
Bitcoin is currently sitting on the golden fib level after the pump and dump to 500 down to the 380s. With some divergence in stochastic and higher lows. Likely could rally up from here again. Initial target being 400$ for a safe trade, although more than possible to go back up much higher.
On the daily 2$ Renko chart, TSLA is nearing it's exit oft the ichimoku cloud. This is a good sign for bears and would serve to be a profitable entry.
Enter Short If:
- 1 Renko box closes successfully under the cloud.
- Renko is below the Tenkan-sen
- Trailing stop set 2 to 3 boxes behind entry.
Drawing Supply and Demand zones we can see a clear small bear trend for the intraday. If you are looking to short, it would be ideal to wait for a retest of the last supply zone. Entering around 1.55945 with a SL near 1.561 within 10 and 20 pips of your entry. Targeting to take profit near support at 1.555
A close up look at the daily chart shows us several signs of bullishness.
The first is our CCI Corrections. Weekly CCI has shown us a very recent surge above +100 and Daily CCI is nearing the nought line. Any bounce off the nought line and the current dip will be a bullish reversal. Additionally The signal line used for my CCI System (soon to be published) is...
Just a bit of traditional trading here. Strategy is a simple CCI Correction with a multicolored predictive EMA I've been writing.
Weekly CCI has surged above +100 signaling the start of a bullish trend. As long as price action stays above the signal line I will be looking for entries where Daily CCI marks the reversal points of smaller counter trends.
Bit of traditional candle trading. We are at the Fibonacci 0.618 level of a short retracement. The 0.764 level held as resistance and was not broken. Additionally SuperTrend is bearish and Stochastic is in an overbought region. Further strengthening the trade, Coral Trend Line has changed from green to red, any flip underneath it is a further signal to...
This strategy uses 4 primary indicators with an optional 5th indicator. It is meant for 4h and higher timeframes such as 6h and 1D. Not back tested for shorter timeframes. Arrows and trendlines mark entry/exit examples.
- Parabolic SAR
- Williams %R or Stochastic Oscillator (14,3,3); both are the same exact line.
- Williams Awesome Oscillator
Strong resistance below the 2/1 of Fan A and 1/1 of Fan B. If the 1/1 is not broken, trend will remain bearish with support holding strongly at 235/236 still. Candlestick TA shows us with 3 bearish soldiers sitting at the fib 0.618 level of previous move upwards. Bullish divergence in William's %R and Stochastic (5,3,3)
Entry confirmation is when both EMA's cross each other.
Entry Buy: Stochastic %k touches 30, Take Profit when touches 70
Entry Sell: Stochastic %k touches 70, Take Profit when touches 30
If confident can hold out longer for more pips. Making sure to keep finger on the close button in case of retracement.
If stochastic bounces back to the entry level, pull...
This method combines the Mumbai Scalping strategy with the Bagovino Method. Instead of using SARs for a trendline. EMA5 and EMA12 are used. When the EMAs cross, enter when stoch is below 30 and crosses for long. Manually closing when stoch reaches 70. Vise Versa for short.
Main credit to Vincent.w.fx for teaching me this strategy.