A bearish shark pattern is completing soon. Waiting for RSI to hit overbought level. R:R at 1.4 (TP1) and 2.8 (TP2). Good luck.
In this EUR/USD analysis I am using the 15-min time frame. On the monthly and weekly chart for EUR/USD the pair can be seen in a current uptrend. Price may continue to go up from its current point but If I were to enter I would place my entry at retrace a little but the pair looks strong. As a day trading perspective this analysis I would enter this pair at the...
Major resistance at 0.79950 - 0.80016 Zone; Fibonacci Retracement Level 0.236 - 0.382 - Probable retracement back to minor support zone at 0.7980. Looking forward to see how this one plays out with current downtrend.
Implementation of the HLHB forex trend-catcher system by Hucklekiwi Pip.
We had a sell signal from the system, so we know the general direction of the pair, and now we are facing a pullback after breaking support, will sell after the pullback is over.
Gold almost touched our target at 1193, managing to bottom around 1194 area. Looks like trend is going up already. Happy trading everyone!
USDJPY being bearish for a limited time.
Just wanted to give an idea for possible trend continuation trades, All rules are on the chart. All the best. Felix Website: www.ogtpartners.com Twitter: goo.gl Facebook: goo.gl
working on a new system with ranko would love to have your idea ! it 's day trading system ! The basic are above the 89 ma ( red line on the chart ! ) looking for a long below the red line looking for short , need 2 more criteria before entering , Will need two red brick to enter short and 2 green to enter long , I will need to macd in my direction or at least...
The following trading system uses the rate of change (ROC) between equities and bonds to determine which asset to hold, basically , following the money. The rules are simple : 1. Calculate the 85 day ROC for SPY and TLT 2. If ROC (SPY) > ROC(TLT) --> Buy SPY 3. if ROC(SPY) buy TLT Backtest resutls I coded this in python , and here are the results...