Get started

Continuation

Stellar Still potential upside move Hello everyone I am still looking at XLM here for the bullish continuation possibilities. What we see from the overall price now is this HTF flag continuation for the previous strong bullish move. Price had a short bearish move down, but quickly had a bullish reversal, followed by a correction in the making. I would wait for a completion of this current correction and push the price up, and wait for LTF continuation corretiom. Thank you
BINANCE:XLMUSDLong
by jojofang0901
10
Money Heist Binary StrategyOverview: This is a strategy for binary traders to help with finding strong entry points that go with the trend and market sentiment. It can be used on any broker that options turbo trading (not recommending nor am I affiliated with any specific broker). The purpose of using this strategy with these indicators is to help traders with finding entry points going with the trend each and every trade. In order to maximize efficiency with this strategy, I have developed a guideline on how I personally use it to find entry points. NOTE - This strategy works on any time frame. Trade length will be the time frame used for analysis. Eg; Analysis on M5 = 5 minute trades. If you are using a broker with the rollover feature, use a maximum of 2 rollovers only. If you are taking 5 minute trades, 2 rollovers will provide you a 20 minute trade which is more than enough. How Traders Can Benefit From Using This Strategy: As traders, we all know the basic fundamental of trading is to always trade with the trend. However, with binary options, it seems traders can be enticed to focus on reversals against the trend. This can lead to developing bad habits in the market which I personally believe can easily be prevented. Traders can use this strategy to trade with the trend by using a combination of indicators that are shown on the chart. Indicators Used on the Chart: As you can see, I am using 3 different exponential moving averages on the chart. Complimenting my EMA's are a Call or a Put arrow that appear with each candle. On the bottom panel, we can see that the RSI is being used alongside a currency strength meter to help identify which currency is stronger. How the Strategy Works: We begin by first looking at the 3 EMA's on the chart. They serve the purpose of identifying which trend the market is in. In a downtrend, we can see that the EMA's are facing downward while in a uptrend, they are facing upward. A simple technique to identifying the trend using the EMA's is to color code them. In a down trend, the purple EMA will be the highest followed by the red and then the green. In an uptrend, the purple EMA will be the lowest with the red on top and the green at the highest. You can use this technique to identify which general trend the market is flowing in. Not only do EMA's serve the purpose of helping traders identify which trend we are in, they can also act as a moving support or resistance area. When we are in an up trend, the EMA's can act as a moving support - meaning traders can use their price points to take CALL setups. When we are in a downtrend, the EMA's can act as a moving resistance. Next up, we have the RSI located on the bottom panel. As you can see, my use of the RSI is very different than the traditional overbought/oversold style of use. I use the RSI to identify whether there is more bullish or bearish strength. To do this, the RSI has been divided into two zones using a dashed line. If the RSI is within the top zone, consider the buying pressure of the market stronger and look for call setups. If the RSI is within the bottom zone, consider put setups since there is a stronger sellers pressure. The closer the RSI is to the dashed line, the greater the probability of a consolidation or ranging market. You can also see that there is a currency strength meter located within the labels on right axis. I use the currency strength meter to identify which currency pair has more strength. For example, suppose we are looking at USDJPY. If USD is greater than JPY, its a possibility that the currency pair as a whole is going on an uptrend. If JPY is greater than USD, it is a possibility that the currency pair as a whole is going on a down trend. The call/put arrows that appear on the chart are not necessary for you to use but it is recommended. I personally coded the arrow to appear with each candle based on the OHLC values. A substitute indicator for the arrow is a script called "Binary_Blast_v3" coded by author Pipizer! (We thank you for coding this!) My variation of the arrow also provides me a suggested entry price for calls and puts based on previous candle close and depending on which arrow has appeared. How to Apply This Strategy: When the EMA's are lined up and indicate a downtrend, look for a Put arrow (optional but highly recommended), look for the RSI in bottom zone, ensure second currency is stronger than first in the currency meter. You may also use EMA's as extra entry points. When the EMA's are lined up and indicate a uptrend, look for a Call arrow (optional but highly recommended), look for the RSI in top zone, ensure first currency is stronger than second in the currency meter. You may also use EMA's as extra entry points. I personally have developed a points system for traders to use incase the strategy becomes confusing. Points System: 2 points = Not Enough to Enter 3 points = Acceptable trade setup 4 points = Good trade setup 5 points = Great trade setup 6 points = Excellent trade setup To find a setup for a Call: Call arrow = 1 point RSI in top zone = +/- 1 point Currency meter showing first stronger than second = +/- 1 point Price at green EMA = +1 point Price at red EMA = +1 point Price at Purple EMA = +1 point To find a setup for a Put: Put arrow = 1 point RSI in bottom zone = +/- 1 point Currency meter showing second stronger than first = +/- 1 point Price at green EMA = +1 point Price at red EMA = +1 point Price at Purple EMA = +1 point *NOTE* The RSI and Currency Strength Meter are indicators which you must add or remove a point depending on if they favor your setup or not. Remember, indicators work after price action. Use Price action to identify your support and resistance zones then use the indicators as extra confirmations to help you. For any questions, please feel free to message me for help.
Education
by shahzaibbbbb
Sell Signal: 1.7188Stop: 1.7300 Looking for the down wave to continue and test recent lows Ingenuity Trading Model is an algorithm used in- Stock, Forex, Futures, and Crypto markets. The model is a Geometric Markov Model : Focuses on reversal and continuation wave structures In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal sine wave structure you can find on any chart you look at across any market and across all time dimensions. Our model focuses on the current sine wave formation (current state)- geometric price formation along with its volume and volatility over a given time period and using that information to predict the future state- future price movement. For questions or more information feel free to contact me in the comment section or via private chat
Short
by IngenuityTrading
3
EURGBP 0.90262 +0.02 % SHORT IDEA * BREAKOUT & PRICE ACTIONHey everyone Here's a look at the EURO / POUND one choppy chart perfect opportunity for aggressive traders and intra-day traders hope everyone is good and you're having yourself a good one, now the EURO / POUND has had some nice volatility coming from all fundamental aspects but the structure was the and the pair was trading in a ascending channel which saw a break and the retest of structure now looking for a continuation of this move, currently trading in a bear flag possibly signalling continuation with the bears,. many stars must align with the plan before executing the trade, kindly follow your rules. LET'S SEE HOW IT GOES.. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it. HAVE A GOOD ONE!
Short
by PULEMokhothu
Nested bullishness: Wedge in triangle in a Cup and HandleMuch this should be no surprise to anyone. The cup and handle has been the talk of the crypto town for a while now and you may or may not believe it will perform, but the believe that we are in a bullish continuation pattern exist. The handle appears to be another bullish continuation pattern, an ascending triangle. The triangle has a falling wedge which is a reversal pattern. This reversal pattern is backed up by bullish divergence on the RSI and we are at the base of the bollinger band. I have shown another example from November of a time we saw the exact same set up and got almost 10% gains. Now all of this upside potential occurs after we have the buy signal on the has ribbon. This signal went out all over cryptoverse when it flashed. Every single one of these structures give you a different target, entry strategy depending on how aggressive you want to be and a stop strategy depending on how aggressive you want to be. The targets on the main chart don't even consider that this is a continuation pattern of a flag pole. I created this chart because BTC is the benchmark for all of crypto. My biases is crpyto will pamp while bitcoin performs to the flagpole target. From there we will probably retrace and I'll look at buying dips. I am betting ethusd will overperform and since it is a collateral currency on my exchange my gains from margin trading to into there. XRP gives me the x5 and a high percent change so I will be long XRPUSD. I'll look for topping ETH, BTC, and XRP to help me make my decision on when to close. I have linked some posts with some good calls. A lot of formation have strong predictive utility and you just need the patience to have them perform and that can take a while. The Cup and Handle is one of the most reliable chart patterns according to Bulkowski, and he basically wrote the book on TA. Remember, there is a lot of nested bullishness and will patience targets should get hit but that doesn't mean you abandon stop management or get reckless with your entries, especially with margin and leverage. Find a system that lets your winners run. If your chart formation busts don't hold like a buster. This is time for fundamentals.
COINBASE:BTCUSDLong
by This_Guhy
Model Watchlist: Potential continuation wave?WY could see new new 52 week highs if current formation holds. The play would be invalidated below 28. Ingenuity Trading Model is an algorithm used in- Stock, Forex, Futures, and Crypto markets. The model is a Geometric Markov Model : Focuses on reversal and continuation wave structures In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal sine wave structure you can find on any chart you look at across any market and across all time dimensions. Our model focuses on the current sine wave formation (current state)- geometric price formation along with its volume and volatility over a given time period and using that information to predict the future state- future price movement. For questions or more information feel free to contact me in the comment section or via private chat
NYSE:WY
by IngenuityTrading