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LTCUSD 1D TRIANGLE BREAKOUT TRADESTriangles, Ascending Triangle, Descending Triangles and Ranges are repeatable trading chart patterns. Triangles and ranges are consolidation chart patterns that can breakout either direction. Ascending and descending chart patterns will have a directional bias depending on the previous incoming trend. Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the breakout candle. (Our time frame preference is the Daily chart). Add volume indicator - Volume is the amount of $ that went into a particular candle or in Forex the # of trades that took place. Add ATR indicator - Volatility is the amount of price movement that occurred. Use the ATR to measure the price movement. When you see descending volume bars and descending atr line (which indicates volatility) this shows a dis-interest in traders to invest in this pair creating consolidation which creates the chart pattern. Trade Management after there is a breakout candle close. 1 - Position size (compare volume bar to volume ma line). a - Breakout candle must be 100% of average volume for a full position size. b - If 75% of average volume then ½ position size. 2 - Enter two trades. 3 - SL for both trades will be 1.5 x ATR. 4 - 1st trade TP will be 1 x ATR. 5 - No TP on 2nd trade – letting profit run and adjusting SL to follow price. 6 - When 1st TP hit – move 2nd trade SL to breakeven. 7 - Adjust the 2nd trade SL to follow price. *8 - When breakout candle is more than 1 ATR from breakout candle open. a - Enter 1st trade at candle close with ½ position size. b - Enter 2nd trade with a pending limit order that is 1 ATR of breakout candle open. c – Price should pullback to that pending limit order for 2nd trade.
OANDA:XAUUSD
by Tradingstrategyguides
4
LTCUSD 1D TRIANGLE PATTERN Triangles, Ascending Triangle, Descending Triangles and Ranges are repeatable trading chart patterns. Triangles and ranges are consolidation chart patterns that can breakout either direction. Ascending and descending chart patterns will have a directional bias depending on the previous incoming trend. Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the breakout candle. (Our time frame preference is the Daily chart). Add volume indicator - Volume is the amount of $ that went into a particular candle or in Forex the # of trades that took place. Add ATR indicator - Volatility is the amount of price movement that occurred. Use the ATR to measure the price movement. When you see descending volume bars and descending atr line (which indicates volatility) this shows a dis-interest in traders to invest in this pair creating consolidation which creates the chart pattern. Trade Mangement after there is a breakout candle close. 1 - Position size (compare volume bar to volume ma line). a - Breakout candle must be 100% of average volume for a full position size. b - If 75% of average volume then ½ position size. 2 - Enter two trades. 3 - SL for both trades will be 1.5 x ATR. 4 - 1st trade TP will be 1 x ATR. 5 - No TP on 2nd trade – letting profit run and adjusting SL to follow price. 6 - When 1st TP hit – move 2nd trade SL to breakeven. 7 - Adjust the 2nd trade SL to follow price. *8 - When breakout candle is more than 1 ATR from breakout candle open. a - Enter 1st trade at candle close with ½ position size. b - Enter 2nd trade with a pending limit order that is 1 ATR of breakout candle open. c – Price should pullback to that pending limit order for 2nd trade.
COINBASE:LTCUSD
by Tradingstrategyguides
8
DOUBLE CHART PATTERNS CONFIRM EURJPY 1D BREAKOUT TRADESTriangles, Ascending Triangle, Descending Triangles and Ranges are repeatable trading chart patterns. Triangles and ranges are consolidation chart patterns that can breakout either direction. Ascending and descending chart patterns will have a directional bias depending on the previous incoming trend. Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the breakout candle. (Our time frame preference is the Daily chart) Trade Management after there is a breakout candle close 1 - Position size (compare volume bar to volume ma line) a - Breakout candle must be 100% of average volume for a full position size b - If 75% of average volume then ½ position size 2 - Enter two trades 3 - SL for both trades will be 1.5 x ATR 4 - 1st trade TP will be 1 x ATR 5 - No TP on 2nd trade – letting profit run and adjusting SL to follow price 6 - When 1st TP hit – move 2nd trade SL to breakeven 7 - Adjust the 2nd trade SL to follow price *8 - When breakout candle is more than 1 ATR from breakout candle open a - Enter 1st trade at candle close with ½ position size b - Enter 2nd trade with a pending limit order that is 1 ATR of breakout candle open c – Price should pullback to that pending limit order for 2nd trade
by Tradingstrategyguides
LTCUSD 1D RANGE SHORT BREAKOUT TRADEWhile making this post price broke out of range bottom Range bottom is at 133.20 Daily breakout candle open was at 135.50 Daily ATR is 8.66 1H chart found range levels Range Trade Rules Daily candle did not close yet but broke out of range bottom Breakout candle low was greater than 1 ATR so special entry rules now Breakout candle open - 1 ATR = Sell Limit Order 135.50 - 8.66 = 126.84 Sell Limit Order which was hit Further money mgmt of trade in update followup
COINBASE:LTCUSDShort
by Tradingstrategyguides
UBER TECH ASCENDING TRIANGLE LONG BREAKOUT TRADEUber is in an ascending triangle chart pattern - bullish bias trade Buy on daily close above 45.00 Use full-size position only if volume breakout candle is at least average. Otherwise, use 1/2 size as long as volume is at least 75% of average. Find your own SL & TPText We are doing a live triangle trading class on our TTT Strategy June 25th @ 2PM ET! If you are interested in learning more about it, please visit the link you see below in our signature. Thanks!
NYSE:UBERLong
by Tradingstrategyguides
4
React and Profit from Bitcoin’s Upwards Macro TrendMost traders lose most of their capital attempting to time the exact bottoms and tops of what has ultimately shifted into a bull market. Rather than attempting to predict what the top of a price movement is, why not simplify the process? No-one wins attempting to time the market. A trader may get lucky once or twice, but, aside from the occasional overleveraged trader that strikes gold or the run-of-the-mill hindsight 20/20 influencer, the market will always win. React, don’t predict. The Trading Algorithm from @cryptostanleytrading has been long since February 9th at about $3500 per share of BTC. Running a Trailing Stop Loss per the @cryptostanleytrading ATR Exit Indicator, and building a long based upon said ATR, would've allowed you to remain in the trade whilst retaining a low entry - allowing for greater amount of leverage with the same amount of initial risk exposure. Predicting would’ve easily ruffled the typical trader out attempting to secure profits at various TP levels. Stop prematurely entering or exiting trades. Capturing 80% of a trending movement is ALL you need.
BITMEX:BTCUSD.PLong
by cryptovirgil
Is Bayer Going To Need Aspirin For Their Roundup Issues?Bayer is a descending Triangle Chart Pattern Strong support level has been re-tested several times Continually lower highs puts pressure on this support level Best patterns have dropping volume and volatility/ATR Fewer traders are interested in this consolidatation At some point expect an explosive breakout Trade Plan Wait for a close below the support level Full trade size if volume is at average atr line 1/2 trade size as long as bar has 75% of average volume Enter two trade Both trades SL is 1.5xATR 1st trade TP is 1xATR 2nd trade no TP let profit run When price hits 1st TP move 2nd trade AL to breakeven Let profit run If breakout candle is more than 1 ATR wait for price to retrace back towards 1 ATR level to enter
MIL:1BAYNShort
by Tradingstrategyguides
BTCUSD 1D CONTINUATION TRIANGLE BREAKOUT TRADEPrice is in a consolidating continuation triangle pattern There is a nice bullish trend before this pattern You see dropping interest in trades by the dropping volume bars And dropping volatility found in the dropping ATR values Volume is the amount of $ that went into a particular candle or in Forex the # of trades that took place Volatility is the amount of price movement that occurred. Use the ATR to measure the price movement A continuation triangle pattern expects the bullish trend coming into it will continue on the breakout. But be prepared if price movement decides to retrace with a bearish breakout. Buy on a daily close above the triangle Sell on a daily close below the triangle Trade a full size position if the volume of the breakout candle is at least equal to the average volume. Use 1/2 size position if the volume is at least 75% of the average volume If closed candle is more that 1 ATR outside of the pattern, stand aside and wait for price to retrace back to that 1 ATR level to get in. If you are afraid you might miss it put a limit order at the 1 ATR level and price will trigger it as soon as $ pulls back to that level. SL is 1.5xATR of breaking bar TP is 1xATR of breaking bar At 1st TP close 1/2 of position. Move SL to break-even Let remainder of trade run Watch trade - cryptocurrency trades all weekend
COINBASE:BTCUSD
by Tradingstrategyguides
LTCUSD 1D ASCENDING TRIANGLE BULLISH BREAKOUTPrice is in an ascending triangle chart pattern which is a bullish continuation move What makes up an ascending triangle? Great resistance level @ 117.00 tested by 8 candles There are higher lows Winding up of price created massive pressure on the resistance level to the upside Reduction of traders interest in chart pattern Traders interest is indicated by volume and volatility Volume represents how much dollars traders have placed on a particular instrument at a certain price range Volatility is represents ed by ATR by how much price has moved around during a certain time period Volume spikes are falling off Volume average line is dropping off Volatility is dropping off y falling ATR line which represents smaller candle bar sizes Ascending Triangle is a continual bullish chart pattern - trade only long Trading Plan Watch for a daily candle close above resistance level of 117.00 Make sure breakout candle has an average or + volume bar If volume bar is to or above the average line then trade 100% your risk reward ratio (2% of Trade Account) If volume bar is 75% to average line then trade 50%% of your risk reward ratio (1% of Trade Account) Take two trades Both trades SL is 1.5 x ATR of breakout candle 1st trade TP is 1 x ATR of breakout candle When 1st trade TP is hit, move 2nd trade SL to break even and let profit run Follow 2nd trade profit with SL
COINBASE:LTCUSDLong
by Tradingstrategyguides
2
DISNEY 1D IN A CONTINUATION TRIANGLE PATTERNDisney Investment has been fading Aladdin Live Action Opening Weekend was $100 Million Disney has a library full of animated films we all have watched Potential to convert them to live action is great Increased investment interest may be coming Price has been consolidating Continuation Triangle Pattern has be created which has a bullish bias Volume, ATR & Volatility have been dropping from consolidation Wait for a candle close on the triangle trendline bullish breakout Wait for an increased volume bar Volume bar reaches average atr line then trade 100% If volume bar only reaches 75% then trade 50% Open 2 trades Both SL is 1.5 of ATR of entry candle 1st trade TP is 1xATR of entry candle 2nd trade no TP - when 1st TP hit move this SL to Break Even let profit run 2nd trade - move stop loss to follow trade
NYSE:DISLong
by Tradingstrategyguides
1
WATCH FOR THE SILVER LINING IN THE CHNA-US TRADE WARCNN Business - The World is on a brink of a Trade War US impose tariffs on $50 Billion worth of Chinese Exports Chinese quickly outlined new import taxes on US Products worth $3 Billion Result is a drop in the Dollar Index Benefit of this is when Dollar drops precious metal pop Gold broke bullish out of descending wedge but too late to enter Silver has given us a candle close above this descending channel with increased volume Traders were bored with this descending channel chart pattern with decreasing volume bars Decreased ATR from smaller sized candle bars dropped volatility Trade War news brought bullish momentum to have a breakout candle close above channel trendline XAGUSD BUY STOP @ 14.77 Enter two orders Both SL at 1.5xATR 1st Trade TP 1xATR 2nd Trade no TP When 1st trade hits its TP move 2nd trades SL to breakeven Follow Price on 2nd trade with SL to let profits run
FX:XAUUSDLong
by Tradingstrategyguides
BTCUSD 1D IS IN A CONTINUATION TRIANGLE PATTERNFollow the highlights listed on the chart This is a Bank Holiday weekend Volume & Volatility are dropping Candle bar size is shrinking reducing ATR All of this is causing price to consolidate Price created a continuation triangle chart pattern which has a bullish bias Price failed to make a bullish breakout close Wait for a candle close on a triangle trendline breakout either direction Watch volume to confirm momentum
COINBASE:BTCUSD
by Tradingstrategyguides
LOOK FOR CRUDE OIL TO TAKE A SLIDEAscending Triangle Trendline breakout Blue Sup/Res lines found on weekly chart On Day chart find fib lines and triangle Price consolidated sideways at Weekly S/R zone and 61.8% fib Price has curved downward Wait for price to fall to bottom Trendline There price will either bounce up once again or breakout bottom trendline Wait for a candle to close below trendline Wait for volume bars to increase Wait for ATR value to increase Choose your own entry strategy - (poss 15m/30m break-hook-go pattern) Find your own SL
NYMEX:CL1!Short
by Tradingstrategyguides
EUR/USD - Don't fall asleep just yet " No one knows the future" - Nathaniel "THe BiPolar TraDer" I would like to introduce myself (yet again). I am not going to sit here and pretend I am a self-proclaimed trader. Everyone has there ideas on the market, and I wanted to use TradingView as a platform to hone my skills and one day be managing a hedge fund. If you would like to follow my story as it unfolds you can find out more about the "BIPOLAR TRADER" at my blog below. I am not a forecaster, so don't ask me where price is going. What I define in my analysis is price points where I believe could be turning points or value within a specific market. thelittlebigmovement.com Let get started with the Analysis. EUR/USD could be just as exciting as watching paint dry at the moment. We are in a tight trading range which means the banks will be loading up before pushing this price in their given direction. This market is excellent for intraday traders as the price has not deviated from the VWAP over the last five days. Looking at the overall trend (yellow arrow) for the two months you can see we are in a steady downtrend, clearly visualised by the downward stair pattern of the VWAP. For the reversal traders looking to catch the bottom potentially, there should be some value under the 1.11500 price (Green Value Area). On the other hand, you might be a trend trader looking for a pullback. Catch the price on the past VWAP at 1.12800 (Top White Line) or above (Red Value Area), would provide an excellent risk to reward with more than enough selling pressure as resistance. My personal opinion is this market is going to need another week to show its true colours, so if you are a swing trader, please hold tight. For the intraday traders have fun grabbing those quick wins on either side of the book. Next update will be this weekend - Thank you for your love and support. Regards Nathaniel - "THe BiPolar TraDer" Little Big Movement
by Little_Big_Movement
USD/JYP Price Analysis " No one knows the future" - Nathaniel "THe BiPolar TraDer" As this is my first published price analysis, I would like to introduce myself. I am not going to sit here and pretend I am a self-proclaimed trader. Everyone has there ideas on the market, and I wanted to use TradingView as a platform to home my skills and one day be managing a hedge fund. If you would like to follow my story as it unfolds you can find out more about the "BIPOLAR TRADER" at my blog below. I am not a forecaster, so don't ask me where price is going. What I define in my analysis is price points where I believe could be turning points or value within a specific market. thelittlebigmovement.com Let get started with the Analysis USD/JYP chart uptrend has slowed down, with the market bouncing on either side of the VWAP for the last month. If you are a reversal trader, you have two value points which I would consider decent entries. 112.00 will provide some possible resistance to the upside, but I would be more inclined to take a position at the 113.00 price. For the trend traders, you should sit tight for a little while as the price is currently above the VWAP. If there is a pullback between 111.00 - 110.00 this would be a good area to buy, for a push to the upside. Below 110.00 is downtrend territory and trend traders should look for shorts Next update will be this weekend - Thank you for the love and support Regards Nathaniel - "THe BiPolar TraDer" Little Big Movement
by Little_Big_Movement
XMR/USD Kraken - Potential Long (Turtle plus other indicators)Monero, along with other alts, has been showing strength against the dollar over the past three weeks. History tells us that alts often pop before Bitcoin so I am starting to look at set ups for a number of alts which I think are strong projects. I'm not saying the bottom is in but its at least a good time to evaluate the market for opportunities. With that said here is my thoughts on XMR: 1) Price found support at EMA 50 (orange line) but was rejected two days back on the EMA 100 (blue line) 2) Two blue horizontal lines show recent weekly R/S. If we can break through these they will act as support. Above this we have little resistance until the next weekly R/S level at $87 3) Two green lines ($54.69 & $55.54) show the Buy levels for the Tuttle S1 Trading Strategy - See related Idea below for details) 4) Buy volume has been greater than sell volume recently. This is confirmed by a positive OBV (not shown) 5) We are in the Ichimoku cloud with an edge to edge trade acting as a magnet to the top edge of $76 (using 20,60,120,30 settings) (also not shown) Trade: Buy position if price manages to close on the daily above the EMA 100 and lower Wk R/S level ($54.86). Add to position if price continues up and closes above the $57.16 Wk R/S level. As per Turtle strategy Stop Loss will be placed at 2% loss which will be approx $51.28. Expected target in range of $76-$87 (top of cloud-previous Wk R/S level), however I will exit in accordance with the Turtle strategy using trailing Stop Loss. If you found this helpful please smash the like and follow buttons. It will encourage me to share other alt trades over the next few days. Always remember "Luck is what happens when preparation meets opportunity" This is not investment advice. Please always do your own research. If you are interested in this trade or the Turtle strategy in general then please follow me and my turtle trades.
KRAKEN:XMRUSDLong
by HackneyCrypto
1