GRT/USDT 1 Hour chart LongTrying my hand at a FIB on GRT looking at a bullish Gartley Wave. First buy was at D 1.94 sold at 2.25 next long at 2.15 next sell point 2.44 - 2.55 if we break 2.44 tonight. Will re enter at 2.44 after run up. and place next long.
Looking for honest feedback as I am learning this strategy.
Feedback
My Analysis | Provide me insights where I am Wrong ? What I have done and What I believe -->
I have analyzed this chart on the basis of supply-demand and SR lines.
I have used RSI and Parabolic SAR and I am hoping the price will not bounce from the upper level, Because this level of demand served 3-4 as demand level in previous months and most probably it will serve the Demand area Also.
Please tell me where I am wrong and provide me positive feedback.
AMC Reversal Chart- 15 minute (please read description)Quick Introduction:
I am brand new to trading and have been working on learning the technical side of trading. I am hoping to do this for a living one day. I am currently in the practice and learning stage. I have been doing a lot of practice charting lately and would greatly appreciate feedback and pointers to help improve and refine my skills. I would love to get some feedback on this chart if anyone has some extra time to check it out. Thanks!
AMC Chart Explanation:
This chart on AMC is intended for a reversal move. There are monthly, weekly, daily, 4 hour, 1 hour, and 15 minute trends charted. Each time frame has a relevant wedge charted, relevant up/down trends, and untested levels marked at the trend high of the relevant downtrends. The charting is all fractally done from the monthly to the 15 minute time frames. Lower time-framed levels are not visible on the larger time frames to prevent chart congestion. Each time frame has been put in its own object tree. The chart starts at the beginning of AMC's monthly downtrend.
AMC Chart Key:
Monthly Trends- White
Weekly Trends- Purple
Daily Trends- Red
4h Trends- Yellow
1h Trends- Teal
15m Trends- Pink
PS: I do not plan on making this trade nor do I think AMC will see a reversal. This is just for me to get some charting practice and to receive feedback from more experienced traders. I have also posted my other fractal charts on AMC .
AMC Reversal Chart- 1 hour (please read description)Quick Introduction:
I am brand new to trading and have been working on learning the technical side of trading. I am hoping to do this for a living one day. I am currently in the practice and learning stage. I have been doing a lot of practice charting lately and would greatly appreciate feedback and pointers to help improve and refine my skills. I would love to get some feedback on this chart if anyone has some extra time to check it out. Thanks!
AMC Chart Explanation:
This chart on AMC is intended for a reversal move. There are monthly, weekly, daily, 4 hour, 1 hour, and 15 minute trends charted. Each time frame has a relevant wedge charted, relevant up/down trends, and untested levels marked at the trend high of the relevant downtrends. The charting is all fractally done from the monthly to the 15 minute time frames. Lower time-framed levels are not visible on the larger time frames to prevent chart congestion. Each time frame has been put in its own object tree. The chart starts at the beginning of AMC's monthly downtrend.
AMC Chart Key:
Monthly Trends- White
Weekly Trends- Purple
Daily Trends- Red
4h Trends- Yellow
1h Trends- Teal
15m Trends- Pink
PS: I do not plan on making this trade nor do I think AMC will see a reversal. This is just for me to get some charting practice and to receive feedback from more experienced traders. I have also posted my other fractal charts on AMC.
AMC Reversal Chart- 4 hour (please read description)Quick Introduction:
I am brand new to trading and have been working on learning the technical side of trading. I am hoping to do this for a living one day. I am currently in the practice and learning stage. I have been doing a lot of practice charting lately and would greatly appreciate feedback and pointers to help improve and refine my skills. I would love to get some feedback on this chart if anyone has some extra time to check it out. Thanks!
AMC Chart Explanation:
This chart on AMC is intended for a reversal move. There are monthly, weekly, daily, 4 hour, 1 hour, and 15 minute trends charted. Each time frame has a relevant wedge charted, relevant up/down trends, and untested levels marked at the trend high of the relevant downtrends. The charting is all fractally done from the monthly to the 15 minute time frames. Lower time-framed levels are not visible on the larger time frames to prevent chart congestion. Each time frame has been put in its own object tree. The chart starts at the beginning of AMC's monthly downtrend.
AMC Chart Key:
Monthly Trends- White
Weekly Trends- Purple
Daily Trends- Red
4h Trends- Yellow
1h Trends- Teal
15m Trends- Pink
PS: I do not plan on making this trade nor do I think AMC will see a reversal. This is just for me to get some charting practice and to receive feedback from more experienced traders. I have also posted my other fractal charts on AMC.
AMC Reversal Chart- Daily (please read description)Quick Introduction:
I am brand new to trading and have been working on learning the technical side of trading. I am hoping to do this for a living one day. I am currently in the practice and learning stage. I have been doing a lot of practice charting lately and would greatly appreciate feedback and pointers to help improve and refine my skills. I would love to get some feedback on this chart if anyone has some extra time to check it out. Thanks!
AMC Chart Explanation:
This chart on AMC is intended for a reversal move. There are monthly, weekly, daily, 4 hour, 1 hour, and 15 minute trends charted. Each time frame has a relevant wedge charted, relevant up/down trends, and untested levels marked at the trend high of the relevant downtrends. The charting is all fractally done from the monthly to the 15 minute time frames. Lower time-framed levels are not visible on the larger time frames to prevent chart congestion. Each time frame has been put in its own object tree. The chart starts at the beginning of AMC's monthly downtrend.
AMC Chart Key:
Monthly Trends- White
Weekly Trends- Purple
Daily Trends- Red
4h Trends- Yellow
1h Trends- Teal
15m Trends- Pink
PS: I do not plan on making this trade nor do I think AMC will see a reversal. This is just for me to get some charting practice and to receive feedback from more experienced traders. I have also posted my other fractal charts on AMC.
AMC Reversal Chart- Montly (please read description)Quick Introduction:
I am brand new to trading and have been working on learning the technical side of trading. I am hoping to do this for a living one day. I am currently in the practice and learning stage. I have been doing a lot of practice charting lately and would greatly appreciate feedback and pointers to help improve and refine my skills. I would love to get some feedback on this chart if anyone has some extra time to check it out. Thanks!
AMC Chart Explanation:
This chart on AMC is intended for a reversal move. There are monthly, weekly, daily, 4 hour, 1 hour, and 15 minute trends charted. Each time frame has a relevant wedge charted, relevant up/down trends, and untested levels marked at the trend high of the relevant downtrends. The charting is all fractally done from the monthly to the 15 minute time frames. Lower time-framed levels are not visible on the larger time frames to prevent chart congestion. Each time frame has been put in its own object tree. The chart starts at the beginning of AMC's monthly downtrend.
AMC Chart Key:
Monthly Trends- White
Weekly Trends- Purple
Daily Trends- Red
4h Trends- Yellow
1h Trends- Teal
15m Trends- Pink
PS: I do not plan on making this trade nor do I think AMC will see a reversal. This is just for me to get some charting practice and to receive feedback from more experienced traders. I have also posted my other fractal charts on AMC.
Feedback, concept common in Electronic EngineeringAn experimental application of feedback concept common in Electronic Engineering, attempting to present additional value/insight to the Indicators
The above chart presents example of negative and positive feedback applied on momentum adjusted moving average (MaMA) and rate of return (RoR).
Feedback concept in Electronic Engineering
Negative feedback (or balancing feedback) is applied to reduce the fluctuations, whether caused by changes in the source or by other disturbances. The applied negative feedback can improve performance, gain stability, linearity and reduce sensitivity to parameter variations due to environment.
Whereas positive feedback tends to lead to instability via exponential growth, oscillation or chaotic behaviour
Mathematical approach explained in description of "Rate of Return (RoR) by DGT" added as link to this idea, and an additional application of feedback efect presented in "Momentum adjusted Moving Average by DGT" also linked to the idea
NEW TRADER AND STILL BACKTESTING MY METHOD, WHAT DO YOU THINK???I just started to back test my trading plan but still unsure if this would be a good analysis of the chart and whether it was a good place to put my stop loss and take profit if anyone has any recomendations or any feedback i would reallyappreciate it
thank you very much.
i saw that it was a down trend so i marked it with a trendline and also it was rejecting my support so i looked for a break out and a confirmation, my EMA crossed the red which was ma first confirmation of a continuation and den i waited for any bullish candlesticks and noticed a high amount of red candlesticks and the noticed that there was a hammer and a doji so i decided to 'place the trade' right after those candles and pulledmy take profit to my oter support and kept my stop loss afew pips the support it broke.
EURNZD LongAgain, very new to all this and still very new to making my own analysis’ - just looking for honest constructive feedback.
Possible long set up on the EURNZD on the daily chart.
Couple of rejections at resistant. Will look for further confirmation on the support before I look to place a trade on this.
Risk/reward is sitting at 3
Let me know what you guys think 👍
GBP/EUR Channeling Trend! Sell!! Firstly, I’m very new to trading so I’m not expecting anyone to place a trade based on this.
I’m posting this mainly to see if anyone who is more experienced agrees with my idea So it can verify if I have found a channel in a bearish trend.
Let me know what your thoughts are about this please! Have I spotted a good opportunity or have I completely misjudged this??
SILVER Bullish Wedge This wedge on silver seems like the signal for an upcoming price reversal.
The lower lows in combination with a ascending lows on the RSI is something I've seen in my previous wedges that worked out.
Also the volume is descending what makes me think the bears are losing the pressure on this support.
The target is shown on the chart, just as the SL is.
I'm going in on a aggressive entry right now because of this bullish momentum.
Thanks for reading!
Wesley