S&P500 Hypothetical fractal for the bottomHypothetical scenario with potential fractal of Fisher Transform oscillator for the bottom price region.
Centered Oscillators
Where KUBTHB bottom?After KUB token launch in 2021, The Price was gone so far (Looks like the 5th Extension) and now looks like we're in correction C, Which is still not finished yet, Approximate price should be in zone 19THB (161.8% of A, Correctio Irregular Flat).
MACD doing huge divergence , CCI is still convergence , But sell force still strong. So long.
BITKUB:KUBTHB
to be continue
BTCUSDT Deep Crab, CMF & RSI fractalAs we can see on this 1D chart, BTCUSDT can be ready to drop as Chaikin Money Flow and RSI correlations seems to be close to repeat signals for a potential drop. A target for this possible impulsive bearish wave is a Deep Crab harmonic pattern aiming the bottom from this consolidation. A strong pullback can occurs @ the support area. For an effective signal to exit of this trade the LSMA of 28 periods breakout can be a good indicator to avoid of a non-profitable consolidation phase after a potential 10% average downward. All the profitable trend tends to stay below 28LSMA due to the oversold condition on RSI. All the key levels are displayed on this chart.
Bitcoin - RSI & MA Oversold 📉Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
The price of Bitcoin has been trading sideways in a tight range for a few weeks now. The bulls and the bears are defending their zones with equal force and this forces the price to stay in a tight range with high volume. From the RSI we can see that the market is oversold in the weekly timeframe. By looking at the Moving Averages, we can also see that BTCUSDT has been underneath the 200d MA for the longest period of time ever recorded on Binance. This increases the odds of a move towards the upside. The most logical target would be the extension of the purple 200d MA, estimated to be around $22 000 - $23 000.
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Deere in the Headlights?Deere has been one of the better-performing members of the S&P 500 since the summer, but now it could be hitting resistance.
The main pattern on today’s chart is the falling parallel channel along the highs of April, August and October. The farm supplier probed that resistance on Friday before reversing along with the rest of the market. Could it now push lower into the channel?
Second, notice how the rejection occurred at the 50-day simple moving average (SMA) and 200-day SMA. Failure to remain above those SMAs could reflect a bearish trend.
Third, stochastics are dipping from an overbought condition.
Finally, other agricultural stocks like Mosaic and CF Industries fizzled last week after trying to rally. A continuation of that trend could potentially weigh on DE.
TradeStation has, for decades, advanced the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more.
Important Information
TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. You Can Trade, Inc. is also a wholly owned subsidiary of TradeStation Group, Inc., operating under its own brand and trademarks. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services. It is neither licensed with the SEC or the CFTC nor is it a Member of NFA. When applying for, or purchasing, accounts, subscriptions, products, and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means.
This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates.
Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .
AUDUSD - Long with RSI divergence 10/12/2022- How RSI Divergence works:
... Lower Low but RSI Higher Low.
... Point A must at Oversold.
... Point B must above 50 (RSI) and crossover 2 EMA 34, 89.
... Point C must higher 30 (RSI oversold.
* Daily timeframe is at downtrend >>> small risk with this trade.
How Long Can Micron’s Bounce Last?Micron Technology bounced along with the rest of the market over the last week. But now it may be showing signs of continuing lower.
The main pattern on today’s chart is the falling trendline along the highs of August and September. While MU has fought above this resistance, trendline breakouts have generally not worked in the current bearish market. Fundamentals are also a challenge as memory-chip demand weakens.
Next you have a grouping of candlesticks: a spinning top on Tuesday, an outside day on Wednesday and an inside day on Thursday. Those could mark a top for the recent bounce.
Third, stochastics have reached an overbought condition.
Finally, the longer-term chart shows little evidence of a bottom. MU’s next likely support zones on the weekly timeframe could be the August 2020 low around $42.25 or the longer-term base around $34:
TradeStation has, for decades, advanced the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more.
Important Information
TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. You Can Trade, Inc. is also a wholly owned subsidiary of TradeStation Group, Inc., operating under its own brand and trademarks. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services. It is neither licensed with the SEC or the CFTC nor is it a Member of NFA. When applying for, or purchasing, accounts, subscriptions, products, and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means.
This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates.
Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .
Will T-Mobile Follow its Peers Lower?Telecom stocks have mostly fallen in recent months. One exception has been T-Mobile US. Could it soon follow its peers lower?
The first pattern on today’s chart is TMUS’s break below its 100-day simple moving average (SMA) in late September. Price bounced there several times this year (see white arrows), but this time spent more than a week under it. That could indicate the SMA is losing importance as support.
Second, the stock rebounded to its 50-day SMA this week but wasn’t able to remain above it. Is this line new resistance?
Next, Tuesday’s high and September’s low may have established a downward-sloping parallel channel.
Fourth, the most recent bounce returned stochastics to an overbought condition.
Finally, TMUS is near its 2021 high but still below it. That could make some holders worry it’s rangebound and lose interest in remaining enthusiastically long.
TradeStation has, for decades, advanced the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more.
Important Information
TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. You Can Trade, Inc. is also a wholly owned subsidiary of TradeStation Group, Inc., operating under its own brand and trademarks. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services. It is neither licensed with the SEC or the CFTC nor is it a Member of NFA. When applying for, or purchasing, accounts, subscriptions, products, and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means.
This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates.
Investing in cryptocurrencies involves significant risks. Please click here for TradeStation Crypto’s risk disclosures on investing and trading in cryptocurrencies.
Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .
Bottom is in according to RCDIHistorically, a significant "spike/plunge" down on the weekly RCDI (Relative Candle Directionality Index) had consistently indicated that the bottom is/was in (in the past two cycles). Time will tell if this is valid for this cycle, while the world anticipates a severe global recession, if not depression.
Exxon Mobil Hasn’t Done This All YearExxon Mobil has been drifting since the late spring along with other energy stocks. But now it’s trying to do something it hasn’t done all year.
The main pattern on today’s chart is the 200-day simple moving average (SMA), one of the most basic measures of long-term support. XOM tested that level yesterday for the first time since December, which could draw some investors from the sidelines.
Second is the trendline running along the lows of February and July.
Next, stochastics are turning up after dipping to an oversold condition.
Finally you have the recent price gap between $90.52 and $87.50. Will traders look for XOM to fill that void?
TradeStation has, for decades, advanced the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more.
Important Information
TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. You Can Trade, Inc. is also a wholly owned subsidiary of TradeStation Group, Inc., operating under its own brand and trademarks. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services. It is neither licensed with the SEC or the CFTC nor is it a Member of NFA. When applying for, or purchasing, accounts, subscriptions, products, and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means.
This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates.
Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .
SPY and CCI Data Release I wrote a blog post Friday about the CCI data release trade potential on SPY today.
May, June & July were all negative CCI prints which saw the market move lower, with August being a slight lift but still saw a negative move as the market was expecting higher.
Todays results is slated as being another small lift to 104 but I don't think this will be enough to cause a large amount of selling.
I'm also slightly anticipating the result to be worse than 104 given recent developments fundamentally.
Rivian Could Be Forming a RangeElectric vehicles have been in focus since the Inflation Reduction Act boosted green-energy incentives. Let’s check out Rivian Automotive, the truck maker trying to stabilize after a big slide.
The main pattern on today’s chart is a parallel channel forming between roughly $30.80 and $40. RIVN initially bounced at the low in mid-June before proceeding to a four-month high. It pulled back to retest that low in late August before rebounding to $40. The stock ended last week back near the bottom of the range. Will investors look for the recent low to provide support?
Next, stochastics are nearing an oversold condition. RIVN’s bounce in early September followed a rebound from the oversold low. Traders may watch the oscillator for clues again.
Third, in addition to the channel, price is trying to bounce at the 100-day simple moving average (SMA). That could suggest its longer-term trend is getting more bullish.
TradeStation has, for decades, advanced the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more.
Important Information
TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. You Can Trade, Inc. is also a wholly owned subsidiary of TradeStation Group, Inc., operating under its own brand and trademarks. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services. It is neither licensed with the SEC or the CFTC nor is it a Member of NFA. When applying for, or purchasing, accounts, subscriptions, products, and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means.
This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates.
Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .
Regarding the SR_R_C (Stoch RSI + RSI + CCI) indicator...Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
We use several methods to analyze charts.
When you start studying charts, you study a lot of things.
However, you should forget everything you have studied, trends, patterns, and indicators when conducting real trading.
Otherwise, it is because you are stuck in the studied frame and try to fit the chart into the studied frame without interpreting the chart movement as it is.
I think that this behavior makes you analyze charts with subjective thoughts, which increases the chances of creating a wrong trading strategy.
To prevent this, we will explain a new indicator.
The SR_R_C indicator is a combined indicator of the Stoch RSI, RSI, and CCI indicators.
- The set values of the Stoch RSI indicator are 14, 7, 3, 3.
It is displayed as one line by treating it as the middle value of the K and D lines.
- The setting value of the RSI indicator is 14.
Instead of the existing Close value, we tried to maintain the continuity between the oversold section and the overbought section by calculating the Heikin Ashi Close value.
RSI indicators are displayed in columns.
- The set value of the CCI indicator is 9.
When the CCI value rises above the +100 point, it is marked as overbought, and when it falls below the -100 point, it is marked as oversold.
CCI indicators are displayed in bgcolor.
There are a lot of information on how to interpret each indicator if you search.
However, you can read the searched content and forget it.
The detailed interpretation method can add subjective interpretation to the objective information that can be obtained through the index, so you can forget about the method of interpretation of the index itself.
The core interpretation method of the SR_R_C indicator can be interpreted that if two or more of the three indicators are defective, a reversal of the trend is highly likely.
For example, if two or more of the Stoch RSI, RSI, and CCI indicators are in the oversold zone, it can be interpreted that there is a high possibility of turning into an uptrend.
Conversely, if it enters the overbought zone, it can be interpreted that it is highly likely to turn into a downtrend.
Trend patterns such as Fibonacci, Harmonic, and Elliott waves will show the result of the discussion depending on the selected point.
Therefore, in order to use these patterns, indicators, and tools, the selection of a selection point is the most important.
However, I think that auxiliary indicators, such as MACD, RSI, Stoch RSI, CCI, etc., can help to obtain objective information because there is no point of choice.
In conclusion, the reason for analyzing the chart is to make a trading strategy based on the analyzed content to make a successful trade, so it is important to analyze the chart in the most objective and essential way.
Even with any of these indicators, patterns, and tools, critically choosing the wrong support and resistance points will lead to trouble crafting a trading strategy.
Therefore, solid learning of support and resistance points is required before studying or utilizing all indicators, patterns, and tools.
Thank you for reading this long article to the end.
For reference, all indicators included in this chart can be used normally if the chart is shared.
Also, you can copy and paste the indicators to other layouts to use them neatly.
One Hour Strategy- Engulfing candle entry to short trade!The 1 hour Forex strategy that most intraday traders use as part of their strategy. The 1-hour trading strategy is a very popular trading strategy, as there are so many ways that you can utilize the one-hour period. Rules: Right pair, Right Price, Right Session & Right Time.
KEY TAKEAWAYS
The 1-hour forex trading strategy is a popular strategy amongst beginners and intraday traders due to the variety of ways a forex pair can be analyzed during this period. The one-hour timeframe captures a lot of market movement and can be a good way to gauge the latest sentiment. Many traders use this strategy in conjunction with technical tools such as RSI, MACD, Bollinger Bands and Moving Averages.
What is the 1 hour forex strategy?
The one-hour trading strategy is simply the timeframe that you conduct your analysis on any forex pair. The intraday strategy is popular due to the number of ways a forex pair can be analyzed during the one-hour timeframe. To take advantage of the 1-hour forex strategy, you need three things:
1: Analysis – Your analysis should form part of every single trade you take. It is crucial that you conduct thorough analysis, which may involve certain technical or fundamental factors. For technical analysis, consider using a range of tools such as MACD, Bollinger Bands, Moving Averages or Price Action. For fundamental analysis, you might consider paying close attention to the release of important financial data such as interest rates, CPI, or Labor numbers.
2: Entry – Getting your entry right can potentially mean the difference between more or less profit, and in some cases, it can mean the difference between a win or a loss. Your entry should be confirmed by your analysis. For instance, if you are a fan of using Price Action, then you might wait for confirmation until a particular candle presents itself – such as the morning star for a potential sell.
3: Exit – Your exit is just as important as your entry, although some might argue that it is more important depending on the circumstances of your trade. Planning your exit correctly can mean locking in profits, but more importantly it could minimize losses. Your exit should again have some sort of alert based on your analysis; this is to lock in profits as well as minimize losses.
RULES: Trade right pair, at the right price, during the right session & during the right session. Was noted RSI below under 50 & yellow line above purple line? Yes. The attached trade had all of the four checked off (which gives you high probabilities of success doing this short trade for up to a 237 pips) of profit on your trade. Only three candlestick setups you ever need to know and use which are Engulfing (two candles), Harami (two candles) and/or Pinbar (three candles)<-- they are the one's I use exclusively in trading forex.
DAX respecting diagonal supportThis is Germany's stock market index, one of the strongest economies in Europe.
The index consists of the 40 largest companies listed in Frankfurt Stock Exchange.
On the monthly chart we have the red diagonal line, which has been a support since the beginning, as shown in the circles.
We also have the middle yellow line, which has been tested 11 times as a support.
In the times when the line was 'respected', I put the green number.
When the line was broken, I put the red number.
Will it break down this time?
Cyclically, the price reaches the red line in the month of March.
So if this periodicity continues, the price would reach this line in March 2023.
Or if it happens equal to 2011, at least it would come close in September this year.
At least in the short term, the scenario does not seem to be the best, and this is true for all markets.
The monthly MACD is pointing down, which is not a good sign.
But just because something happened in the past doesn't necessarily happen in the future.
This is just a prediction and a question.
Check Out These Two Charts of the S&P 500Will the S&P 500 break out or break down as the Federal Reserve meeting approaches next week? Today we’re looking at two charts to help navigate the coming sessions.
First is the daily chart with RSI and the 10-day simple moving average (SMA). A certain pattern has appeared at least four times in the last year. It involves the index languishing after a drop but holding its ground. RSI gradually stabilizes and makes a higher low as prices move through the 10-day SMA. Each instance was followed by squeezes to the upside.
The same behavior could be occurring now as SPX remains above the key 3910 level cited last week . If true, the timeline could match up closely with the central bank meeting on Wednesday, September 21.
The second chart shows the S&P 500 E-mini Futures (continuous contract) with four-hour bars. Notice how the converging lines form a triangle into the Fed meeting. That could also suggest the index is squeezing before a potential move.
TradeStation has, for decades, advanced the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more.
Important Information
TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. You Can Trade, Inc. is also a wholly owned subsidiary of TradeStation Group, Inc., operating under its own brand and trademarks. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services. It is neither licensed with the SEC or the CFTC nor is it a Member of NFA. When applying for, or purchasing, accounts, subscriptions, products, and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means.
This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates.
Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .
Possible For Gold To Turn Lower Again?D1 chart is still bearish despite yesterday spike. From lower TF chart m15, just now the chikou below the cloud and the candle currently running below the cloud. It is bearish indication. Stop for this trade is around 1730. With the potential target profit around 1710-1712
2 period RSI + limit ordersThe 2-period RSI is really erratic and produces a lot of signals. A lot of the signals are good, but if you're trading with one singular position, you might run into trouble pretty frequently. So, I have something for you to try.
On *any* of these candles that close with the RSI above 90% or below 10%, you'll place a trade. But it won't be a big trade. You want it to be just big enough that you'll be reasonably happy with your profits if that is indeed the reversal point, but not so big that you're afraid of a little (or a lot of) drawdown.
Both of those candles have an RSI closing above 90%. What if this continued for another 5-6 candles before dropping? You don't know what the market will do here, so you don't bet big. Your trade setup might look something like this:
The market sell might be 1.00, and each limit order might be 0.10. Maybe you have 30 limit orders, for a maximum position size of 4.00.
Ideally, you'd be closing all of them when the price reaches the next bottom on the RSI, and then you'd be reversing and starting over. Sometimes that won't happen and a higher time frame momentum move will snuff you out, so make sure you measure your risk carefully!
Sometimes none of your limits will get filled. Sometimes only a few. Sometimes all of them! You never know. The 2-period RSI gives you a pretty good location to start placing limits, though, if you prefer to keep an indicator on your charts.
Few more examples:
BOIL beginning a round bottom reversal LONGAMEX:BOIL
BOIL a triple leveraged ETF based on natural gas as a commodity and its futures
on the 15-minute chart has begun a round bottom reversal into an uptrend. The AO / Candle indicator
confirms this as does the curve of the accumulation /distribution indicator. Fundamentally, natural gas price
is rising especially with the DXY dollar value in a mild correction. Winter heating season is upcoming and the energy
crisis in Europe accelerating with Russia shutting down ( for now only ?) its remaining active pipeline.
Right now long BOIL looks to be an excellent setup.
ADA USDT Ultra Bullish
Lower charts frames to 45min have already Beared out to RSI sold levels.
1Hr to Daily is lookimg short term bullish.
Waiting for the weekly MACD Bullish Divergence to carry on its momentum to ZERO then to Target 3 Fib levels and beyond.
My Weekly Analysis 42 Pt. 2I go through my currency pairs and analyze them while listening to music and talk to you guys.
*not a financial advisor*
OXY SHORT after bouncing down from All Time ResistanceOXY as shown on the chart is still in a megaphone pattern.
Horizontal resistance red line is the all time highs of Spring 2018.
In the past several trading sessions, spot oil has dropped from $96 to $87.
The MACD indicator which is lagging shows the K / D cross over the histogram.
Accordingly, OXY is now trending downward to the mid-Fibonacci retracement levels
and the confluence of the mid-line of the megaphone pattern.
This appears to be a safe short trade setup especially now that the buying
pressure of Mr. Buffet has subsided.
