15 Minute Bollinger Band Strategy Here we use a 15 Minute chart with Bollinger bands set to 20 with a standard deviation of 2.
First we look for an established trend direction, once that has been found we apply our bands, set the deviation for 2 and wait for the price to test or slightly break that lower band. (test/break of higher band in the case of a down trend and sell order)
Here we have highlighted these tests/breaks with a green circle. The blue arrow represents a 200 point gain on each trade. Once the trend has begun to level out the opportunity is extinguished and we move on to the next chart.
Tips/Rules
Don't trade against the trend! eg sell at a high break/test of band on an uptrend!
Keep stops loss tight - if the break and trade entry occurs, but the price keeps moving against you time to get out!
Stay cautious in a sideways market (we will post a strategy for that soon too)
If the bands widen drastically that could indicate high volatility and potential trend change.
Be aware of new releases and high importance data when entering set up.
Good luck!
Orion Fx Trading Team
Buy-signal
$XSPA Stock Bullish Target $1.64I expect a pull back to test the 200 Day EMA
This is a solid entry!!!
EURUSD - MOVING AVERAGE AND RSII am expecting to see the price go up to the 1.224 area where the resistance area is showing and it still have a good chance of going up further to 1.24 to meet the resistance level as for now my target will be set for 1.22
Also you can see the candle is showing few rejected wick on the 200 moving average along with RSI back up and support area , If the 200 MA broke and is under the support area , I would close the trade and wait for the next opportunity.
Trade at your own risk, this is my personal view and based on my analysis and theory.
BUY $CIDM ASAP Strong Bullish Reversal This is a great entry!
A great alternative is $TLGT as the next break out!
$TLGT TELIGENT INC STOCK (2 TRIANGLE BULLISH REVERSAL SIGNALS)Bullish Symmetrical Triangle!
Bullish Falling Wedge!
Reversal Pattern Upwards Trend!
$20 in 12 - 24 Months
WHERE DOES BITCOIN GO ??? This is very attractive
Bitcoin is likely to go through one of the above two scenarios along the way, many people ask me if now is the right time to buy Bitcoin.
I think it will be risky to buy bitcoin until it crosses its previous peak of $ 34,500, so it is better to wait until it is clear that bitcoin wants to continue its uptrend or Wants to complete the correction.
The best decision right now is a little patience.
With thanks for your attention
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Thanks a lot
BITCOIN'S PATH to 20Khey there, what's up
if bitcoin wants to fall first it should reach at least near 20k or more
explain the chart:
green zone : is best place for buy or open long position.(18950 - 19230)
A : we have 3 alpha lines hardest line for pass is A1 but i think we finally pass.
DeathLine : death line is where that if we clos BINANCE:BTCUSDT e under it, then we will go under the ground so becarefull
O : omega zone is our last highest area so if reach it we should analysis again and see what will happen.
so before reaching omege i'm still thinking bullish and following waves.