Long NKE above 139.36Sleeping alligator both in daily and weekly charts. Same entry fractal at 139.36. If price surpasses that point, going long with reverse pyramiding (1-5-4-3-2) for every signal.
NYSE:NKE
Bill Williams Indicators
How To Tame A Reptile or Williams Alligator From ScratchHi, traders!
Have you ever heard about Alligator? Not from Australia or America but Williams Alligator. Both Australian reptile and Williams ‘pet’ have some common – they all have Jaw, Teeth, and Lips. So what is Williams Alligator?
As you know, you can get maximum profit during trend markets. You gonna enter to longs or shorts, to take some profit. It’s obvious that trading on choppy (sideways) market can be very dangerous for your funds. Thus, there’s the reasonable question, are you sure that the market has trend. Genius trader Bill Williams was concerned about the problem. That’s why he invented such pretty tool to define if market is trendy or choppy. It’s the first Alligator that’ll help you to earn money, but not spend them in boutiques.
So, let’s speak about technical part. The Alligator indicator uses three smoothed moving averages(calculated with a simple moving average), set at 5, 8, and 13 periods, which are all Fibonacci numbers. The initial smoothed average is calculated with a simple moving average (SMA), adding additional smoothed averages that slow down indicator turns.
The three moving averages comprise the Jaw, Teeth, and Lips of the Alligator, opening, and closing in reaction to evolving trends and trading ranges:
1. Jaw (blue line): Starts with the 13-bar SMMA and is smoothed by eight bars on subsequent values.
2. Teeth (red line): Starts with the eight-bar SMMA and is smoothed by five bars on subsequent values.
3. Lips (green line): Starts with the five-bar SMMA and smoothed by three bars on subsequent values.
The indicator applies convergence-divergence relationships to build trading signals, with the Jaw making the slowest turns and the Lips making the fastest turns. The Lips crossing down through the other lines signals a short sale opportunity while crossing upward signals a buying opportunity. Williams refers to the downward cross as the alligator "sleeping" and the upward cross as the alligator "awakening."
The three lines stretched apart and moving higher or lower denote trending periods in which long or short positions should be maintained and managed. This is referred to as the alligator "eating with mouth wide open." Indicator lines converging into narrow bands and shifting toward a horizontal direction denote periods in which the trend may be coming to an end, signaling the need for profit-taking and position realignment. This indicates the alligator is "sated."
The indicator will givefalse positives when the three lines are crisscrossing each other repeatedly, due to choppy market conditions. According to Williams, the alligator is "sleeping" at this time. Remain on the sidelines until it wakes up again. This exposes a significant drawback of the indicator because many awakening signals within large ranges will fail, triggering whipsaws.
How long will the USDCAD continue to move?The USDCAD pair has crossed the resistance level of 1.2201 and it can be said that the formation of the price floor at the rate of 1.2005 has been confirmed. The USDCAD has moved up from the support level of 1.2061-1848, and the short-term trend of the US dollar against the Canadian dollar is up to the resistance area of 1.2653-1.263. From the sellers' point of view, with the failure of the support of 1.2155, the short-term market trend will be neutralized.
EVOK LongPrice above SMA13
OBV>OBV34
WR > -80
Entry 1.4
Stop 1
Target 3.7
Risk management is much more important than a good entry point.
The max Risk of each plan should be less than 1% of an account.
I am not a PRO trader. I trade option to test my trading plan with small cost.
Bearish tilt on this triangle...but wait there's more$BTC has to break one way or the other with this side chop getting way too tight. The tilt is bearish since the trend for many days has been downward. However!, a candle just opened in the cloud and I'll take anything as a bull sign. Targets are sized to ~match the target price and fit with 1.68 fib levels.
$SHOP more than just a COVID phenomenaGreat run from low of $1025 on May 13th. Don’t think this run is over, but $SHOP appears to be finding resistance at $1245 level.
Expecting more upside, but might be range bound between P and R1 pivots, near-term.
P= 1180, R1= 1290, approximately.
Pivots shown on this graph are Traditional, Weekly pivots. Dashed line = 100 day linear regression.
Also note correlation between 2021 movements (from peak and trough) with Williams %R below main chart.
MVIS LongWedge breakout + revisit
Uptrend consolidation
Price crossed SMA13, 50
OVB>OBV34
WR buy signal (my scripts: Williams %R two lines)
Entry 15
Stop 12
Target 28
Risk management is much more important than a good entry point.
The max Risk of each plan should be less than 1% of an account.
I am not a PRO trader. I trade option to test my trading plan with small cost.
$ETH - Possible Inverse H&S in FormationInteresting IH&S formation developing.
Possible continuation ahead!
DTEA LongUptrend Consolidation
OBV> OBV34
WR% Crossed -80
Entry 3.4
Stop 2.6
Target 7
Risk management is much more important than a good entry point.
The max Risk of each plan should be less than 1% of an account.
I am not a PRO trader. I trade option to test my trading plan with small cost.
AHT LongWedge breakout
SMA200 as support
OBV>OBV34
WR buy signal (my scripts: Williams %R two lines)
Entry 3.1
Stop 2
Target 8.5
Risk management is much more important than a good entry point.
The max Risk of each plan should be less than 1% of an account.
I am not a PRO trader. I trade option to test my trading plan with small cost.
AUDCAD { ABSOLUTELY TO THE MOON}I Except AUDCAD to buy after testing the Support level , worst case scenario is when the support get broken
HA Longwedge breakout + revisit trendline
OBV > OBV34 (my scripts: OBV and OBV SMA comparison)
WR -- buy signal (my scripts: Williams %R two lines)
Entry 24.5
Stop 22
Target 32
Risk management is much more important than a good entry point.
The max Risk of each plan should be less than 1% of an account.
I am not a PRO trader. I trade option to test my trading plan with small cost.
NEPT LongDemand Zone below side ways
OBV>OBV34 (my scripts: OBV and OBV SMA comparison)
WR>-80 (my scripts: Williams %R two lines)
Entry 1.22
Stop 0.95
Target 3.2
Risk management is much more important than a good entry point.
The max Risk of each plan should be less than 1% of an account.
I am not a PRO trader. I trade option to test my trading plan with small cost.
Long BIGC above 60.88Long BIGC above 60.88. Sleeping Alligator .
Daily chart shows a sleeping alligator printing now three fractals around 60.88. Ready to open its mouth.
AC is also increasing on the weekly chart.
Weekly balance line is right now at 65.65. If price crosses it we could see a larger run to the upside.
NASDAQ:BIGC
Baic Motor is completely undervalued It reached what appears to be a bottom on March 15.
It is almost 80% below its all-time high of January 2018.
The awesome oscillator is on the downside, heralding a possible reversal.
Although last year its profits fell compared to 2019, the trend is still upward, that is, it is becoming more profitable, with 2020 being an exception.
It is one of the largest car manufacturers in China, also having a presence in various parts of South America and Asia, whose models sell quite well.
It is working to develop new technology and introduce more electric vehicles to its fleet.
In general it has good fundamental and future potential, I still think that its price is unjustified.
If you want to have more details about the company, I recommend reading its 2020 annual report.
HKEX:1958
OTC:BMCLF
OTC:BCCMY
GXSBTC seems eager to hug its SMA 200 Guys, haven't you believed in the fact that altcoins following the path to hug their sma 200 eagerly?
GXSBTC is waiting for you to hop in.
Burger Good Longterm InvestmentI invested today on BURGER once the price touched the lips of the alligator, the Green Line. I have analysed the project and I find it similar with AAVE and has great potential to rise to 400-500 per coin if not more in the next few months. Lets see. You could make even more profit from the trend if you trade it in smaller timeframes cause I see it has a bit high volatility.
I expect to make my capital about 100x times from the size it is from the BURGER coin till it reaches the 20x increase and compete with AAVE in market capitalisation, by trading it in smaller timeframes.
The transaction fees are much lower than AAVE and has a crosschain function as well.
Follow me to stay updated with more of my simple trading IDEAS !
Hope to be correct and good luck to all!
Alligator Indicator (How To Use It)Alligator is the indicator which is designed to show a trend absence, its formation and direction. Bill Williams saw metaphorical resemblance between alligator’s behavior and the allegory of the market’s one: sleeping gives way to price-hunting after which it’s again time to sleep. The longer the alligator sleeps the hungrier it becomes and logically, the stronger the market movement will be.
The indicator includes 13-, 8- and 5-period smoothed moving averages each with its own displacement (8, 5 and 3 bars respectively) which are colored blue (jaws), white (teeth) and red (lips) thus representing the alligator’s jaw, teeth and lips.
Alligator is sleeping when the three averages are intertwined progressing in a narrow range. Therefore, more distant averages indicate sooner price movement.
To Buy:
If the averages go on in an upward direction (red followed by white and blue) this shows an emerging uptrend interpreted as a signal to buy.
To Sell:
If the averages go on in an downward direction (red followed by white and blue) this shows an emerging downtrend interpreted as a signal to sell.
See two examples on GBPUSD 15 minute chart:
1st) possible sell trade was during Tokyo session, with low liquidity and low volume, for 50 pips. Would or should you trade this? No or Yes.
2nd) possible buy trade was during London and NY session, with high liquidity and high volume, for 70 pips. Would or should you trade this? No or Yes.
You can use just 15 minute naked charts with only this Alligator Indicator on it. If These alligator lines are in correct buy or sell order during either London session or London/New York overlap session- I would highly recommend you make this trade. Alligator Indicator can be used on all charts.
