Algotrading
ALGO next move could be a big oneI have been following ALGO closely, its shown very positive signs and next move could be big. Last trade I set a modest price target just below global trend which it reached. Now it is pushing up on global trend which will also be a likely bullflag breakout. Which should attract a lot of attention
Look for break and retest above global trend and previous daily support around 1.85
If it pulls back from here look for a reset in the 1.75-1.65 range then watch for a break up of global trend.
Possible to open a higher risk trade on the reset with a stop loss of 2 ATR. Look for buy setups on lower time frames
Check my previous post for more details, make a plan and follow it!
As always, keep an eye on the health of BTC
GBPJPY long has alerted 📳🔔We are using our trend following EDGE strategy for this trade.
Entry details are shown on the chart.
Working the H1 time frame on this strategy.
We're only looking for TP3.
Previous trades can also be seen on chart and last one was covered in the idea below.
The trade history can be seen at the foot of this trade idea too for full transparency.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
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Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
Algorand (Community Governance)Algorand's Community Governance is coming October 1st (available now in some area's.)
Algo has been charting a large bull flag pattern, (or a descending triangle) with an impending breakout coming regardless.
Price target is roughly: $2.60-$3.00 per Algo.
Floor/support at $1.50, with resistance at $2.00.
related Algorand published ideas listed below:
EURAUD short is a go 👍⤵️We are using our trend following EDGE strategy for this trade.
Entry details are shown on the chart.
Working the H1 time frame on this strategy.
We're only looking for TP3.
The trade history can be seen at the foot of this trade idea too for full transparency.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
AUDUSD long is valid 📈🙌Trade details for current trade are shown on the chart.
We are working the 4H time frame on this strategy.
We're looking for the green line which is take profit target.
Little blue long arrow is entry point and purple line is stop loss.
Trade history can be seen at the foot of this trade idea too for full transparency.
Previous trades can also be seen on chart.
One hit SL the other two closed for profit with one hitting TP.
Lets see how this trade plays out
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren
GBPJPY short just alerted 📳🔔We are using our trend following EDGE strategy for this trade.
Entry details are shown on the chart.
Working the H1 time frame on this strategy.
We're only looking for TP3.
Previous long trade can also be seen on chart.
The trade history can be seen at the foot of this trade idea too for full transparency.
The GBP seems to be suffering some weakness today.
Lets see how this trade plays out.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
EURGBP long is valid 📈👍We are using our trend following EDGE strategy for this trade.
Entry details are shown on the chart.
Working the H1 time frame on this strategy.
We're only looking for TP3.
Previous short trade can also be seen on chart.
The trade history can be seen at the foot of this trade idea too for full transparency.
In that box every trade is logged and can be viewed by clicking the tabs in the report box.
You as the viewer of this idea can also do that so go ahead and have a play.
I'll follow this trade now until TP is achieved, a new signal presents or stop loss is hit.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
ANTUSDT 1D: Possible LONGANTUSDT 1D: Possible LONG
Rebound from 4,000 and possible further growth to 9,000
Algo is ready to launch!We remember that ALGO pumped for like 120% and I was ambushed for a pullback and a good entry point. here you are:
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-Wonderful resistance at around 1.71$. you see how man times price reacted to this line!
-We are on fib retracement 50% resistance!
-We had a false breakout and a nice rejection
-On the weekly chart we see strong momentum
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So, we can enter here with a small SL and huge TP like 38%
God bless you and me
EURCHF closing on 3 out of 3 😍💪Trade details for current trade are shown on the chart.
It's a late share guys as I've only just got up.
Trade has been live since 6 am UK time.
Covered a fair bit of late and this is why I automate my scripts so trades are not missed.
Previous trade can also be seen on chart.
Both of the short trades on the chart have come at 6am UK time.
We are working the 15M time frame on this strategy.
We're looking for the green line which is take profit target.
Little red short arrow is entry point and purple line is stop loss.
Trade history can be seen at the foot of this trade idea too for full transparency.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren
Be ready for the crucial pointFrom above or below?
It all depends on the total market and bitcoin
Get out of the range of suffering and pullback to it
1 If he wants to enter the range of suffering again, we have a fast and good ascent ahead
2 If two to three candlesticks fall to the same level, we expect a good fall
1 or 2 ???
Also pay attention to the sensitive point of the RSI
If stabilize at the top of line 54, it is a sign of ascent, and if it descends from there, it is a sign of descent
Line 54 has always been crucial for ALGO
ALGOUSDT 1H, READY TO BLOW AGAINAlgorand is on the move.
Good Bounce off 100EMA.
Consolidation near visible resistance, with more bulls we cab break and head for next resistance up ahead.
This is a LONG buy trade idea.
Double bottom confirmed trend to ascend.
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Types of Trading IndicatorsTraders use different types of indicators to gauge the market conditions. Let's take a look at what are those types of indicators
Trend Indicators measures the direction and strength of a trend. When price moves above the average it can be thought of as a bullish trend. When price moves below the average, it's a bearish trend.
Momentum Indicators are helpful as they are used to identify price movements by comparing prices over time. Can also be used to analyze volume by comparing current closing prices with previous closing prices.
Volatility Indicators are used to analyze the periods of high and low volatility. The big swings created by the volatility can provide good trading opportunities.
Volume Indicators plays an important role in technical analysis in confirming trends and patterns which makes volume indicators popular amongst traders.
There are hundreds of indicators that can be categorized within these four categories. Also, a volume indicator can be used as a trend indicator or a volatility gauging indicator. The same goes for momentum or trend indicators. Some traders use one indicator to gauge volume while another trader can use the same indicator for another purpose.
What kind of Indicators do you use in trading the most and why? It all depends upon the type of trading we are doing off course. Would love to know your opinions in the comment box below.
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