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Centered Oscillators

Goldman Pulls BackGoldman Sachs hit a new high two weeks ago, and some traders may see opportunities in its latest pullback. The first pattern on today’s chart is the November high around $613. The Wall Street giant is apparently stabilizing at that level. Has old resistance become new support? Second, stochastics have dipped to an oversold condition. Third, GS gapped higher after its last earnings report on January 15. That may reflect strong fundamentals. Finally, GS is trying to hold its 50-day simple moving average (SMA). The 100-day is also rising from below. Both of those patterns may be consistent with a bullish uptrend. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. 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 or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
NYSE:GS
by TradeStation
1
Nucor May Be StallingNucor has trended lower since April, and some traders may expect another push to the downside. The first pattern on today’s chart is the November 6 gap after Donald Trump was reelected U.S. President. The steelmaker failed to hold that bounce and proceeded to a new 52-week low by early January. It then rebounded and may have made a lower high. Next, prices are stalling at a low from October 2023 where NUE bounced several times in late 2024. Has old support become new resistance? Third, the 50-day simple moving average (SMA) is below the 100-day SMA. Both are under the 200-day SMA. That may be consistent with a longer-term downtrend. Finally, MACD just turned negative. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. 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 or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
NYSE:NUE
by TradeStation
Learn more about how the Professionals Trade Stocks.This lesson is about TWAP vs VWAP order types, Indicators that reveal reversals before price moves. You will learn about Dark Pool candle patterns, Professional traders setups and how to determine with a high degree of probability what direction the stock price will take in the near term. Learning about why certain candlesticks and indicator patterns reveal who is in control of price helps you select the best stocks to trade with the high probability of excellent profits. Within every chart, there are patterns and indications that tell you what is most likely to occur in price action next for the near term. This is based on recognizing which professional market participant group has taken control of price. Also the time of day that each market participant group seizes control of price and why that happens.
NASDAQ:TEAM
by MarthaStokesCMT-TechniTrader
1
Fail to Breakout on Schwab. SCHWThere is probably a discernable Jurik RSX divergence on a higher time chart, as there is one VZO on this 12 hourly. And it would make sense. A good spot for entry here, as MIDAS line cross on the background of price action superior cross of vWAP and US lines. More technicality below- there is a cross of zero line on BB %PCT, and both Ehlers Stochastic RSI and VZO with offset are truly bearish. We might bounce at diagonal trendline painted in blue below.
NYSE:SCHWShort
by Rykin_Capital
Salesforce May Be OversoldSalesforce broke out in November. Now, after a period of consolidation, some traders may see potential for more upside in the software giant. The first pattern on today’s chart is the March 2024 high of $318.71. CRM probed that level after the election and again in January. Prices have returned to it this week. Will old resistance become new support? Second, the 100-day simple moving average (SMA) crossed above the 200-day SMA in late November and has approached the stock from below. Those signals may be consistent with a new uptrend that has potential for continuation. Third, stochastics have dipped to an oversold condition. Investors may now watch for a crossover to signal a potential turn. Finally, earnings are due after the closing bell on February 26. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. 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 or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
NYSE:CRM
by TradeStation
Can Rainbow MG3 Secure in the CME Trading Competition's Top 10? Can Rainbow MG3 Secure a Spot in the CME Trading Competition's Top 10? I've joined the CME trading competition 13 days late, but that hasn't stopped me from making an impact. After just two days of trading Bitcoin and Gold, my account is already up 6%, placing me in the top 14% out of nearly 50,000 traders. The top 10 traders in the competition—many of whom are pro traders—have already racked up over $1 million in profits, making them part of the elite top 5%. The gap between them and the rest of the field is significant. With 16 days left, my goal is to break into the top 10. I'm relying on the Rainbow MG3 indicator as my primary tool. The question is: Can Rainbow MG3 help me achieve this? 🚀 Follow my journey as I put this strategy to the test!
COMEX_MINI:MGC1!Long
by rainbow_sniper
Leap Ahead with a Bearish Divergence on Gold FuturesThe Leap Trading Competition: A Chance to Trade Gold Futures TradingView’s "The Leap" Trading Competition is an opportunity for traders to test their futures trading skills. Participants can trade select CME Group futures contracts, including Gold Futures (GC) and Micro Gold Futures (MGC). Register and participate here: TradingView Competition Registration . This article presents a structured short trade setup based on a bearish divergence identified using the Commodity Channel Index (CCI) and key pivot point levels for confirmation. The trade plan focuses on waiting for price to break below the pivot point at 2866.8 before executing the trade, with clear targets and risk management. Identifying the Trade Setup Bearish divergence occurs when price makes higher highs while an indicator, such as CCI, makes lower highs. This signals weakening momentum and a potential reversal. The Commodity Channel Index (CCI) measures price deviations from its average and helps traders identify overbought or oversold conditions. Pivot points are calculated from previous price action and serve as key support and resistance levels. The pivot at 2866.8 is the reference level in this setup. A breakdown below this level may suggest further downside momentum, increasing the probability of a successful short trade. The trade plan combines CCI divergence with pivot point confirmation. While divergence signals a potential shift, entry is only considered if price trades below 2866.8. This approach reduces false signals and improves trade accuracy. The first target is set at 2823.0, aligning with an intermediate support level (S1), while the final target is near S2 at 2776.2, just above a UFO support zone. Trade Plan and Risk Management The short trade is triggered only if price trades below 2866.8. The stop loss is placed above the entry at a level ensuring at least a 3:1 reward-to-risk ratio. Profit targets are structured to lock in gains progressively: The first exit is at 2823.0, where partial profits can be taken. The final exit is near 2776.2, positioned just above a UFO support level. Stop placement may vary based on the trader’s preferred risk-reward ratio. Position sizing should be adjusted according to account size and market volatility. Contract Specifications and Margin Requirements Gold Futures (GC) details: Full contract specs: GC Contract Specifications – CME Group Contract size: 100 troy ounces Tick size: 0.10 per ounce ($10 per tick) Margin requirements depend on broker conditions and market volatility. Currently around $12,500 per contract. Micro Gold Futures (MGC) details: Full contract specs: MGC Contract Specifications – CME Group Contract size: 10 troy ounces (1/10th of GC) Tick size: 0.10 per ounce ($1 per tick) Lower margin requirements provide access to smaller traders. Currently around $1,250 per contract. Leverage impacts both potential gains and losses. Traders should consider market conditions and margin requirements when adjusting position sizes. Execution and Market Conditions Before executing the trade, price must break below 2866.8. Additional confirmation can be sought through volume trends and price action signals. If price does not break the pivot, the short setup is invalid. If price consolidates, traders should reassess momentum before committing to the trade. Conclusion Bearish CCI divergence signals potential market weakness, but confirmation from the pivot breakdown is key before executing a short trade. A structured approach with well-defined targets and risk management increases the probability of success. For traders in The Leap Trading Competition, this setup highlights the importance of discipline, confirmation, and scaling out of trades to manage risk effectively. When charting futures, the data provided could be delayed. Traders working with the ticker symbols discussed in this idea may prefer to use CME Group real-time data plan on TradingView: www.tradingview.com - This consideration is particularly important for shorter-term traders, whereas it may be less critical for those focused on longer-term trading strategies. General Disclaimer: The trade ideas presented herein are solely for illustrative purposes forming a part of a case study intended to demonstrate key principles in risk management within the context of the specific market scenarios discussed. These ideas are not to be interpreted as investment recommendations or financial advice. They do not endorse or promote any specific trading strategies, financial products, or services. The information provided is based on data believed to be reliable; however, its accuracy or completeness cannot be guaranteed. Trading in financial markets involves risks, including the potential loss of principal. Each individual should conduct their own research and consult with professional financial advisors before making any investment decisions. The author or publisher of this content bears no responsibility for any actions taken based on the information provided or for any resultant financial or other losses.
COMEX:GC1!Education
by traddictiv
Lowe’s Makes a Lower HighLowe’s has been falling since mid-October, and some traders may see further downside risk. The first pattern on today’s chart is the series of lower highs and lower lows over the last three months. If the resulting descending channel remains in effect, it could point to potential move below the January 8 low of $242.96. Next, the 50-day simple moving average (SMA) recently turned negative and crossed below the 100-day SMA. Prices are now stalling at both. That may suggest its longer-term is weakening. LOW also ended last week below its 8-day exponential moving average. That may suggest its short-term is weakening. Next, stochastics are dipping from an overbought condition. Finally, President Trump’s tariffs on Mexico and Canada may impact the home-improvement chain. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. 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 or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
NYSE:LOW
by TradeStation