SPY DAILY - With potential future 34EMA trend$SPY POTENTIAL TREND ON THE 34EMA. Again, potential. It could go the complete opposite if it decides it doesnt like the top of this channel. But I have decided to build my positions on the upside. Loaded numerous calls for SPY that are currently WAY out of the money but are super cheap, expiring on various dates over the next few weeks.
Not posting my entire list but just know these are LOTTO plays with a good amount of confidence and basically zero risk.
TRADE YOUR PLAN TODAY TRADERS. Market closed monday.
EMAS
GOLD SHORTLast week's movement of gold experienced an increase because the first Dailly target had been completed. the movement of gold for tomorrow 06-07 is likely to continue its decline but must be aware of gold's rise when pursuing upper resistance. treding is full of risks. The most important thing is we manage our risks so as not to lose too much
ETH FOLLOWING THROUGH!!! MOON TO COME?KRAKEN:ETHUSD
This is an updated post to my November 28th idea on ETH.
There we discussed the EMA20 and EMA50, explaining how ETH would enter a bullish cycle once the EMA20 crossed back on top.
The blue circle was at the time of my last idea, the pink circle shows when the EMA20 crossed back over the EMA50 and began its bullish streak.
CRYPTO MOVES FAST!
VET BULLISH (70%+ GAIN)BITFINEX:VETUSD
Looking at VET we've recovered nicely from the previous bearish cycle (shown with the purple channel).
The orange circle is showing the EMA20 crossing over the EMA50 which we know is the beginning of a bullish period.
The awesome oscillator shows a steep rise in market momentum as price increased, however be wary of the current red lines. If those continue getting shorter it'll confirm the pull back and a drop can be anticipated to around $0.012 (this would likely also be confirmed with the EMA50 crossing back over EMA20). Although, if those lines stay tall or turn green we can anticipate a another big jump.
My price prediction is currently at $0.0245.
How To Trade EMA here i have set very good example on how you can trade EMA
it's common for every asset that it follow the price of EMA ( the moving average )
let's take example i set 7 ema on weekly chart so it's total 49 days moving average so if price make bounce above this ema on weekly something has been cooking in the asset . it's 49 days downtrend
same breakdown of EMA ( exponential moving average ) also shows upcoming correction in price on higher timeframe
so don't ignore moving average use this EMA with the triangle and other pattern and make your trading better
any asset always respect it moving average price if fall below major ema than it will take resistance if goes up than it will bounce when it touch EMA
USDCAD- 07/08/2020 "The EMAs Trading System"Hello Traders,
I expect the price to push to the support price level or with more correct words I expect the price to push to the red Ema. Nevertheless, the EMAs generally created by the price so its not likely the price to reach the red ema so quickly, but you get my tutorial that I want to do through this picture. The charts illustrates what you can see, different approaches are welcome. It doesn't really matter. It's different a trader who executes consistently profitable trades between the trader who do a forecast.
I appreciate the feedback and the reason who I write all these, are for see opinions about who agree and who disagree.
Thank You.
Smooth Wave Theory - No Priceline RequiredA different perspective using exponential moving averages and "smooth" wave counts only.
Each EMA represents an X number of Fibonacci-related periods.
There's no Priceline, so there's no noise. No exogenous nonsense; no Institutional Oil dumping, no "fear"-induced VIX interference, and only some government meddling.
Thought we could just cut right through it instead.
SPCFD:SPX
AUDUSD I currently don't see any setup. I am looking closely at this area that I marked in the purple as well as the blue line.
I think price will either continue on its bullish rally and reach both levels then revert back or price will get rejected by the current resistance level and if both scenarios happen I will buy the pullback to the support level. If none of these happen I won't enter into any trade.