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EURUSD 240 MINS CHART TIME FRAMEThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves. We do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle. Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price. Please keep your comments useful & respectful. Keep it simple, keep it Unique. Thanks for your support Tradelikemee Academy Saanjayy KG
Long
by Tradelikemee
1
Using MA on BTC's example!Hi! Moving averages are one of the most popular technical indicators. They have various types, but they have one purpose - to determine the current trend by smoothing out volatility and noise. Let's look how MA works on price movement of BTC! The crossing of the slow MA by the fast one from bottom upwards gives a signal to buy, from top to bottom - to sell - The simplest form of a moving average is known as a simple moving average (SMA). It is found by calculating the arithmetic average prices for a certain period of time; - Exponential Moving Average (EMA) assigns more weight to the latest data, which is why it is more preferable; - The main functions of moving averages include identifying trends and pivots, as well as support and resistance levels; - Moving average can be a risk management tool. Thanks to it, you can set a stop loss and cut a losing position; - The most popular moving average signals are their intersection with the price or their intersection with each other; - Crossing of the moving average price upwards gives a signal to buy, downwards - to sell; - Moving average signals can be false when pairs are trading in flat or when a gap forms; - Moving averages should be combined with various indicators and oscillators. So their signals will be more accurate, which will lead to the opening of profitable positions. Hope My post was helpful for You♥️ Stay tuned by Rocket Bomb 🚀💣
BITSTAMP:BTCUSDEducation
by RocketBomb
14