50sma
GBPJPY 4H LONG TRADEPrice is in between 50 sma and 100 sma
Chart showed good example price goes halfway and falls back to 50 sma
Macd above 0 level line Bullish bias
Price will continue to 100 sma or may fall back to 50 sma again
If price falls back to 50 sma it will continue falling or bounce towards 100 sma
Watch Macd for direction
Two possible ENTRIES
Take Profit is either 50 pips or the 100 sma
SL below 50 sma
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
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.
Bitcoin support at 50, 100, 200 Day Moving Averages(DMA) in 2017As we can see, the 50, 100, and 200 day moving averages were solid support points throughout 2017. Once Bitcoin touches the 200 day moving average (at a rate of less than once per year) historically it rebounds very, very strongly.
Edit: Made a typo. The orange text description should say "50 day moving average". Sorry!
Earnings play pt.4BT is currently in a flag pattern, so is the RSI and the CCI.However, BT does not really show that much volatility in recent earnings reports. So, I would only be shorting till the 50 SMA.
Earnings play pt.3AMZN has dramatically increased from the last earnings report. I have placed a long and a short order to take advantage of the volatility this stock shows near earnings reports, currently, the ADX is showing that the price could be rebounding in the future. Also, the Coppock curve is heating up, so, there could be a short-term fall.
EURUSD 4H Hoe to trade FOMC & Non-FarmWe have some fundamentals this week from FOMC tomorrow and Non-Farm payroll Friday. At any given time, the market is either going to progress the trends or fall back to the ranges, so we need to be ready in either case.
1. The market is in the up-trending position and breaking above previous sup/res. I have a buy stop at 1.2460 with take profit at 1.2510. Watch that macd crosses above the red line for confirmation.
2. If the market drops from here, I have sell stops in place. 1st sell stop at 1.2420 with take profit at 1.2390. 2nd sell stop at 1.2325 with take profit at 1.2295. Macd will still be below red line and head toward 0 level. If macd crosses above red line get out of trades and be ready to make some buy trades.
BTCUSD 15m Short Trades1st short trade was a channel bottom trendline breakout
Created a flag pole pattern
2nd short trade was flag breakout
Created 2nd ascending flag pole pattern
3rd short trade was ascending flag breakout
Bullish pullback retraced back to 50 sma
4th short trade was Bearish Continuation candle pattern
Macd is crossing below Red line
Bearish Continuation may retest swing low.
Everyone's forgotten you poor POE50 MA is being tested. Volume is in the dirt. This MAY see a rebound off the 50MA. If so i believe a solid 12% to 30% short term gain will be had
BCCUSDT 4H LONG TRADESEnter 4H 50 sma breakout on 15m B-H-G
1st TP 1/3 @ 100 sma
2nd TP 1/3 @ 2276.50
3rd TP 1/3 @ 2867.1050
Earnings play pt2CVLT has recently broken out of a flag position and has decreased in price. However the stock hit prior support and rose in price. The RVI is showing a flag pattern, so we could see a short-term rise in volatility. Also, the RSI is has been rising for the last few days. So, I am putting my long position above the 50 ma which is providing resistance and potential support in the future. My short will be below the prior support.