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100sma

EURUSD 4H RANGE TRADESPair may go sideways waiting for FOMC tomorrow Price is technically in an up-trend position because it has not swung below ma's in last 30 bars If it is going to be a trend then price should make a higher high If not, then price should drop below both ma's and fall towards the range bottom Watch Macd for direction Bullish trend trade Range top breakout Buy Stop 1.1860 Take Profit 1.1925 SL below Range top Bearish Range trade Price fall below both ma's Sell Stop 1.1698 Take Profit 1.1632 SL above 100 sma
by Tradingstrategyguides
2
POSSIBLE FUTURE FOR AUGJPY FIRST OF WEEKHere are some signs of possible bullish bias for next week for the AUDJPY Day Chart double bollinger bands - price closed above BB midline bullish bias 4H Chart - Macd crossed above zero line and Price closed above 100 sma bullish bias 1H showing possible bearish retracement back to the 50 sma area, macd over bought 15m showing possible bearish retracement back to 50/100 sma, macd over bought Take Profits will be in updates below
Long
by Tradingstrategyguides
GBPUSD 4H SIMPLE MOVING AVERAGE STRATEGYStep #1: Plot on your chart the 20, 50 & 100 SMA The first step is to properly set up our charts with the right simple moving averages so we could be able to identify the SMA crossover at the later stage. The simple moving average strategy uses the 20, 50 and 100 periods SMA. Most standard trading platform come with default moving average indicators so it should not be a problem to locate the SMA either on your MT4 platform or Tradingview. Step #2: Wait for the 20 SMA crossover and A - for the price to trade above the 20 and 50 SMA or B - for the price to trade below the 20 and 100 SMA. The second rule of the simple moving average strategy is the need for the price to trade Bullish - above both 20 and 50 simple moving averages and secondly, we need to wait for the SMA crossover which will add more weight to the bullish case. We refer to the SMA crossover for a buy trade when the 20-SMA crosses above the 50-SMA in this trade. Opposite is true for a bearish trade - price is below both 20 & 100 sma and the 20 SMA cross below 100 SMA. We refer to the SMA crossover for a sell trade when the 20-SMA crosses below the 100-SMA in this trade. By looking at the SMA crossover we create an automatic buy and sell signals. However, since the market is prone to do a lot of false breakouts we at Trading Strategy Guides need more evidence than just a simple SMA crossover. At this stage, we don’t know if the bullish/bearish sentiment is strong to push the price further after we buy/sell so we can make a profit. To avoid the false breakout we added a new confluence to support our view which brings us to the next step of the simple moving average strategy. Step #3: Wait for the zone between 20 and 50 SMA or the 20 and 100 SMA to be tested again (break-hook-go), then look for buying/selling opportunities. The conviction behind the simple moving average strategy relies on multiple factors to confirm a new trading idea. After the SMA crossover happened, we again need to exercise a little bit more patience and wait for a successful retest of these zones. The successful retest of these zones gives the market enough time to actually develop a short term trend and protect you from a failed attempt. Note* When we refer to the “zone between 20 and 50 SMA or 20 and 100 SMA” we actually don’t mean that the price needs to trade in the space between the two moving averages. We just wanted to cover the whole price spectrum between the two SMAs because the price often times will only briefly touch the shorter moving average (20-EMA) which is still a successful retest. Step #4: Buy/Sell at the market when we retest the zone and complete the break-hook-go. Step #5: Place the protective Stop Loss 20 pips below the crossover candle. Step #6: Take Profit once we break and close below the 50-SMA or above the 100 SMA. Or a predetermined sup/res level.
by Tradingstrategyguides
BITCOIN IS NEARING THE 2ND 'DEATH CROSS' ON THE CHARTS!This is what that means. Bitcoin has fallen below $8,000 this month. The charts are showing something that has investors wondering if it is time to panic. Bitcoin's chart shows price has experienced the first 'death cross' where the 50 sma crosses below the 100 sma. Now the 50 sma is approaching the 200 sma and it appears that the 50 sma may cross below the 200 sma also creating the second 'death cross'. This is used to illustrate when the 50 sma moves below the 200 sma – technicians often look at this pattern as a bearish sign of what's to come. And in bitcoin's case, the 50 sma has already taken out the 100 sma, with the shorter-term trend line inching lower. "When we are talking about bitcoin, I think it's important to remember that we don't have much history to go off of to identify long term trends," Jim Iuorio of TJM Institutional Services wrote to CNBC on Wednesday. "That being said, any time the 50-day crosses the 200-day, it should flash a warning…and when you couple that with the fact that bitcoin has been trending steadily lower since the launch of futures, I think that it is a major negative," he added. But not everyone believes that a death cross marks more pain ahead for bitcoin. "Fast Money" trader Brian Kelly points out that he sees an uptrend in the chart of bitcoin that has been in play since August, and thinks that the same uptrend could actually be just as indicative of where bitcoin is headed. "Bitcoin, just like the spot FX markets, follows technicals closely, therefore these support levels gain more importance," he wrote to CNBC. "If these levels hold, then it will confirm the uptrend from August is still valid." The last time the death cross pattern occurred for bitcoin was in September 2015. After the death cross, bitcoin rallied close to $500 by early November that year from around $230. Bitcoin has plunged about 38 percent year to date, but would still need to fall another 88 percent to erase all of the 2017 gains. Quotes taken from Annie Pei article from Futures Now CNBC
BITFINEX:BTCUSD
by Tradingstrategyguides
6
like clockwork 100% Fibline & 100MA acting as support/resistanceOn the current 4hr candle BTC is "keepin' it 100" with the 100% grape colored fib retracement serving as support, and the 100 Simple Moving average acting as resistance. As I anticipated in my last idea, I thought it would test the 100SMA a few times as resistance before eventually flipping it over to support. Once we are above the 100 SMA it can usually become a very stable support line, especially once the 50SMA comes up above it to join us, that is one type of "golden cross" that signals more upside. As you can see we haven't hit the recent bull flag projected target yet of the top blue fib line, so that gives me added confidence that the 100sma will soon flip to support...we also have still not made it to the descending purple wedfge's projected target price but are getting very close. I think the momentum will remain to the upside at least until we get that far but likely even after that with all these other bullish signals developing along the way. It's best to keep your eyes open for any negative g20 news or any negative regulation or scandal news involving crypto in the mean time because one easy way to spot a trend reversal is when suddenly all the crypto news article headlines switch back from positive to extremely negative.
BITFINEX:BTCUSDLong
by DrDovetail
XRPUSD 2H Lower Highs Lower LowsPair has failed to make a new swing high Price is making lower highs lower lows Price can bounce bullish off 50 sma or break below it Price can consolidate between 50 and 100 sma As price falls from 50 to 100 sma it can go half way and return back to 50 sma If that happens price can move above 50 sma and rise to swing high target Or price can bounce short off 50 sma and fall to 100 sma If price breaks below 100 sma it may fall to swing low target Watch Macd in relation to Macd red line, 0 level line, Stoch blue dotted lines
BITFINEX:XRPUSD
by Tradingstrategyguides
BTCUSDT 3 Chart Case StudyWe are going to study over the weekend how this pair moves. We have a 4H - 30m - 5m chart opened. We are going to study how price moves around our 50/100 sma We are going to watch how the macd moves around the macd 0 level line and the stoch 20/80 levels - blue dotted lines The 4H is in-between the 50 and 100 sma. This I call an inner range. it has no real direction or momentum. When price breaks out of the inner range it will have direction and momentum. Watch this pair over the weekend and make copies of your chart with the camera in the lower right corner. The 4H macd is above the 80 level. Price can go half way across to the 100 sma and fall back to the 50 sma because the macd is above the 80 level. Let's watch and see if it does. Price may just go across to the 100 sma so let's watch if that happens and what the macd looks like during that. If price does come back to the 50 sma two things can happen. It can break below the 50 sma and retest the swing low on the 4H. or price will try a second time to make it across to the 100 sma. Watch how the macd looks like during all of this and make sceenshots. We are not trading here we are just studing and educating ourselves how to use this indicator. As the 4H is doing all of this you want to be watching and documenting how the 1H and 5m charts look and how they are acting in these different situations. This is a great pair to teach you all of the ebb and flow of price and how the indicator reacts to it. You are watching on the 30m and 5m how price moves around the 50/100 sma and how the macd is moving around the 80/20 levels and the 0 level line.
by Tradingstrategyguides
BTC Bounce? A short analysis with entry pointsBitcoin following the downward trend, I've highlighted entry points that I personally have put orders in, the correspond with resistance zones circled previously. The downward trend broke through the 100-day Moving average in a big way but seems to have bounced near the 200-day MA (purple). We will see whether this is the bottom bounce or whether we will continue to fall further... I'm currently neutral, it could drop lower but I still have more fiat to put in if that's the case. If it bounces and recovers - great!
BITFINEX:BTCUSD
by KapitanKris