Buying
Kenji signals: buy BTCUSDToday, the indicator "Kenji" on the daily BTCUSD chart generated a buy signal.
Let's give some explanations on this signal.
This is the ordinary signal to open the trade with a basic volume .
According to the indicator, the price of BTCUSD is currently in the active uptrend phase (the area between the fast and slow averages is colored blue). At the same time, current prices entered the buy zone, which led to the formation of a "buy" signal.
The long position remains relevant until either the market conditions change (for example, the uptrend changes to flat or downtrend), or a signal to close it appears (a blue cross indicating a sharp divergence between the price and average values).
Recall, work in a trend is one of the most comfortable and potentially successful trading options.
For reference:
The "Kenji" indicator is a brand new look at the average analysis. The main problem of most trading strategies and indicators based on the average analysis is a number of false signals in the case of flat and trend reverse (for example, frequent crossings of the averages, numerous changes in the direction of the averages, etc.). As a result, averages analysis cannot show its real power and effectiveness.
The Kenji indicator using a unique algorithm avoids the most common average analysis traps and significantly improves the quality of signals by determining the current state of the market (using the color indication "Kenji" shows the current state of the market: red color - downtrend, blue - uptrend, green - flat).
It generates signals for comfortable trading in a local trend. The indicator provides information on both the timing position opening and the moments of profit taking. It also helps to determine the level of aggressiveness of a signal. This makes the "Kenji" indicator a handy tool both for novice and experienced traders.
Buy GBPJPY - Trading in a triangle formationFX:GBPJPY , OANDA:GBPJPY , FOREXCOM:GBPJPY , SAXO:GBPJPY
Trade Idea
Price continues to trade within the triangle formation.
Bespoke support is located at 136.10.
There is scope for mild selling at the open but losses should be limited.
Intraday signals are mixed.
Although the anticipated move higher is corrective, it does offer ample risk/reward today.
Expect trading to remain mixed and volatile.
We look to Buy at 136.10
Stop: 135.65
Target 1: 137.60
Target 2: 138.20
EXPIRES AT 9PM
FTSE 100 - Extending higher from the bullish flag patternFX:UK100 , OANDA:UK100GBP , TVC:UKX
Trade Idea
Prices are extending higher from the bullish flag/pennant formation.
Positive overnight flows lead to an expectation of a firm open this morning.
Bespoke support is located at 7460.
The continuation higher in prices through resistance has been impressive with strong momentum and shows no signs of slowing.
Preferred trade is to buy on dips.
We look to Buy at 7460
Stop: 7430
Target 1: 7560
Target 2: 7600
Kenji signals: buy BTCUSDToday, the indicator "Kenji" on the daily BTCUSD chart generated a buy signal.
Let's give some explanations on this signal.
This is the ordinary signal to open the trade with a basic volume .
According to the indicator, the price of BTCUSD is currently in the active uptrend phase (the area between the fast and slow averages is colored blue). At the same time, current prices entered the buy zone, which led to the formation of a "buy" signal.
The long position remains relevant until either the market conditions change (for example, the uptrend changes to flat or downtrend), or a signal to close it appears (a blue cross indicating a sharp divergence between the price and average values).
Recall, work in a trend is one of the most comfortable and potentially successful trading options.
For reference:
The "Kenji" indicator is a brand new look at the average analysis. The main problem of most trading strategies and indicators based on the average analysis is a number of false signals in the case of flat and trend reverse (for example, frequent crossings of the averages, numerous changes in the direction of the averages, etc.). As a result, averages analysis cannot show its real power and effectiveness.
The Kenji indicator using a unique algorithm avoids the most common average analysis traps and significantly improves the quality of signals by determining the current state of the market (using the color indication "Kenji" shows the current state of the market: red color - downtrend, blue - uptrend, green - flat).
It generates signals for comfortable trading in a local trend. The indicator provides information on both the timing position opening and the moments of profit taking. It also helps to determine the level of aggressiveness of a signal. This makes the "Kenji" indicator a handy tool both for novice and experienced traders.
Buying Gold at better risk/reward levels for long term targetOANDA:XAUUSD , FX:XAUUSD , FOREXCOM:XAUUSD
Monthly: The reverse head & shoulders formation has finally broken the neckline.
Daily: Previous reistance levels should now act as support including 1392, 1375 & 1367
Trade idea
Sell XAUUSD in front of $1375 & $1366
Stop loss at $1347
Target $1587
Bitcoin is still in parabolic move, next target $16K if ...I appreciate your support by liking/sharing this post if you see value in it. Thanks,
A long time ago, I drew a Fib Circle for BTC Long - Short chart and I have kept tracking it. So, far it has played out very well and we are on track (still following those Fib Circles).
Right now the BTC long-short is heading down and this is a bullish sign as Long/short or long-short chart is known as a reverse indicator. That means, when the majority of people think we go down we will actually go up and vice versa! I know it sounds very crazy but it is a fact!
My guess is the Long-short chart keeps moving down towards the next Fib Circle and will bounce back up. Note that I am talking about the overall trend move and not a short-mid term trend.
In addition, after the short correction we had on June 27th, we are moving sideways so far (check out smaller time scales like 3-4 hr charts). If we keep moving sideways for the next 2-3 days, I will be VERY bullish and will buy in that dip too (I have already bought in around $11k). If that plays out and we break previous highs ($12,900-$13,000, the close price on June 26th. Note that this number is exactly the next pitchfork level, the light purple line) our next probable target will be around $16,000. This number is the 78.6% retracement level (green line) as well as the middle of next pitchfork channel (the dash line).
Also, take a look at the similarities between current move and previous moves in both price actions and Stochastic RSI (note that the current move is faster and shorter. As we get closer and closer to the top, the cycles are getting shorter and shorter in a parabolic move.)
Good Luck.
ITCI bullish call activity and insider buyingITCI is moving mostly horizontally lately, and there's definite room for downside to its channel bottom around 10.40, so this is a risky play. However, a large stock purchase a couple days ago by one of the board of directors triggered a large volume of bullish option activity. Possibly the director purchased stock in anticipation of forthcoming clinical trial results that he expects to be positive. Watch this one closely and look for an opportunity to buy nearer the channel bottom. Alternatively, wait for upside channel breakout.
ITCI has generally poor analyst ratings and negative earnings. However, it's made progress toward profitability and generally delivered earnings beats in recent quarters. It next reports on August 6.
Trading plan for EURUSD, GBPUSD, USDJPY for 24/04/2019EURUSD*
The technical cross-section**:
Trend: -1
A strength of trend: -4
Overbought/oversold : none
The priority area of transactions : selling
Selling in the area of 1,1290 with a stop above 1,1320 and a profit in the area of 1,1210.
Selling in the area of 1,1350 with a stop above 1,1410 and a profit in the area of 1,1210.
The purchase in the area of 1,1210 with a stop below 1,1170 and a profit in area 1,1280.
GBPUSD
The technical cross-section:
Trend : -1
A strength of trend: -4
Overbought/oversold : oversold
The priority area of transactions: selling
The purchase in the area of 1,2860 with a stop below 1,2810 and a profit in area 1,3000.
The purchase in the area of 1,2990 with a stop below 1,3040 and a profit in area 1,2870.
Selling in the area of 1,3110 with a stop above 1,3170 and a profit in the area of 1,3000.
USDJPY
The technical cross-section:
Trend: 0
A strength of trend: 0
Overbought/oversold: none
The priority area of transactions: buying
Selling in the area of 112,00 with a stop above 112,30 and a profit in the area of 111,10.
The purchase in the area of 111,50 with a stop below 110,80 and a profit in area 112,90.
The purchase in the area of 111,00 with a stop below 110,80 and a profit in area 111,80.
* all transactions are intraday, that is, it must be closed at the end of the day. The error in the parameters of transactions is +/- 5 points; in the case of fundamental force majeure, the recommendations may be less relevant;
** the trend parameter accepts values “+1” - an uptrend, “-1” - a downtrend, “0” - no trend. Determined in terms of the author's analysis of a set of signals from technical indicators from different time frames;
the trend strength parameter - accepts values from “-4” to “+4” and shows how strong this trend is. It is determined based on the author's analysis of a set of signals from technical indicators from different time frames;
overbought/oversold is defined in terms of the analysis of the RSI (8) indicator on a daily time frame. The boundaries of the zones are accordingly 70 and 30;
the priority area of transactions depends first of all on trend and its strength but is also taken into account our value judgments of the situation on the market.
Wish you successful trading solutions and transactions!
Aud/NZd Buy the news.Hi All ,
I will be opening a buy just at the green line where we have the previous support . As you can see price is completing the bear flag . I have set a buy limit only to trade the news at 3:30am & looking at TP 0.45-0.48 region .
This trade is based on the news only , as the pair is still stuck within a downtrend range . Only a break above 0.50 region will give me more reason to hold buys .
Please note this is NEWS ONLY Trade. 10-70pips .
My contents are 100% free .
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