Bitcoin USD Golden Cross formed 18th Nov 2017 12pm GMTJust got a full confirmation of a golden cross on the RSI and moving averages with cross appearing below the price forming the cross
Expecting a little rebound from Bitcoin to possible test on the ATH again
Market Cap peaked out earlier just shy of $232bn, we could be going to a 1 Trillion MC soon as the bubble expands
If MC pushes hard to over $240/50bn expect some higher movements on Bitcoin and Bitcoin Cash too
G-cross
[BTFD] BTC/USD - Possible Death Cross forming - 6th Nov 2017 BTCUSD possible death cross forming as traders take profit going into the new week.
Stochastics and MACD have shown bearish crosses forming also on the 4 hour timeframe and daily, adding to the momentum of a correction possibly being on the cards - in the range of a $7200 to a swing low of the $5800 range, a potential play ahead of the fork could bring high return if the bull run is to return and hit $10k numbers in early 2018.
Levels to watch:
200 SMA (to watch for dip buys): $6200 - $6400.
What is a Death Cross?
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EURUSD ShortsReason for Short
5 touch trend line rejection on 4hr
Broken below previous support on 4hr
Drawing Fib High to low, 61.8% and 50% come into box area marked out.
Furthermore can look to see MA cross over to downside on market open.
Also on Daily candle is represented as pin bar, broken previous support.
TARGETS:
Drawing fib low to high of candles where box area is marked
Target 1 previous support @1.6830
Target 2 just above 1.72% extension again previous support
QTUM buy opportunity1. TK cross way back - signal for long bullish trend.
2. Stoch divergence: Price - Higher Low + Oscillator - Lower Low = Indicates underlying strength. Good entry or re-entry.
3. Price cross the cloud. It' finally above the cloud. After big spike it's settle around 0.618 FIB.
BUY: around 0.00270000
STOPLOSS: bellow 0.0026000
Long term trade.
BMW - VW (Correlation)Comparing the BMW chart to the VW chart it is striking that both price developments are strongly correlated to each other. Given the current spread between the two price changes in percentage, determined by using the closing price of the first day after going public, subtracting it from the current stock price and then subsequently deviding it through the first closing price, this offers us to greatly take advantage of their correlation. Obviously, it is likely that both prices are going to cross again in the future which means that all we have to do is shorting the BMW stock and buying some VW stocks in order to benefit from the decreasing spread between both prices. If we now charge both positions with the same amount of money and then close them when prices cross again, we are going to end up with 16.43% in profit.
EURAUD Heading Lower Next Week?The EURAUD appears to have closed below channel support that extends from the February low. However, the 1.3900 support area isn't far below Friday's close.
I booked profit on my EURAUD short at 1.3907 last week for +190 pips. Depending on how Monday opens I'll be interested in shorting the cross again for a potential move back to the 1.3670 region.
#EURGBP Cross Gains Amid #CABLE Weakness - A Classic of its OwnIn contrast the positive effects of #CABLE's weakness provided the #EURGBP Cross rate a sustain move relative to its established direction as it penetrated its trend line resistance on the way up at the opening gap traded @0.8836 as the #EURUSD stayed @1.0605 levels at the Asian open.
There are only tow ways to interpret this move either a run away gap which would push further. Or a pullback session to cover such gap well within the two major turnover sessions in Europe and the US trading session. The session ahead will dictate price action and swings in both direction before finalizing its mark on the market for the start of the week. But the fundamentals on UK BREXIT surrounds the negative outlook prevailing. However, do not discount any probability of a price recovery as it nears its initial objective @1.1930/40 levels and an extension below much lower than 'Flash Point' previously traded at.
The tech side of the EURGBP rate is again a typical BASIN / CUP formation where it would find some completion along the next trading days or week ahead. As prices move so does the increase in volatility.
EURGBN @ 0,00 % lowest performer (4th Quarter) of 1842 !Take care
& analyzed it again
- it`s always your decision ...
(for a bigger picture zoom the chart)
This is only a trading capability - no recommendation !!!
Next week i`ll confirm or change my opinion about this SetUp :)
Buying/Selling or even only watching is always your own responsibility ...
1482 Cross-Rates (4th Quarter Statistics) @ drive.google.com
39 Currencies (4th Quarter Statistics) @ drive.google.com
Best regards
Aaron
Adam Smith - Moving Average Cross StrategyThis can be backtested using stocks and currencies. For stocks, depending on which stock and its voltility, backtest shorter chart frequencies such as 3min to 1hr. For currencies, backtest longer chart frequencies such as daily to month depending on backtest you see fit. A quick note such as USDJPY, a week is sufficient for example. You will see high Net Profit and low Max Draw Down. However, do backtest for insurance.
A key indicator is the Max Draw Downs. Make sure you compare how much the backtest recognizes to indicate how much money will be estimated or required during the bad times and/or bearish times.
Aircastle Limited (AYR) breaches 20,50,100 moving averages in a Last week appeared to be very profitable for shares of AYR which gained more than 7% and crossed up 20, 50, 100 MA confirming long term bullish trend. Despite losing some momentum in the beginning of the year when the company depreciated almost 30%, all losses have been covered and currently this stock looks to reach its eight years high at $25.
The cross of MAs is very reliable signal for this stock in particular at the area of MA’s confluence. Since it behaves very responsive to these signs we would assume the price go up to $25 as our first target.
For more ideas visit mercuriusam.wordpress.com
Open Close Cross Strategy, WIPA little work in progress, nothing really new here, just "simple" open-close cross trend trading strategy.. but of course with a dash of my own flavour.
So it got less simple..
You can use simple open/close series crossover, or use your preferred brand of MA instead.
needs a lot more tweaking before I actually go ahead and publish the script, but still fairly functional as-is.
Feel free to make the chart your own and have a play!..at your own risk.. and stuff..
The time has come for silverAfter a long bear market silver made a rounded bottom and is now clearly heading north. The MA50 is going to cross soon MA200 and RSI is showin a bullish divergence on the last top. After a local top close to 16, price retraced to 0,5 level and is now keeping with the uptrend. The breaking out of resistance around 15,7 could be a good entry point.
4HR EMA TRADING STRATEGY In this example I show you one of the ways I use to trade in a 4hr timeframe.
The idea is to first wait for ema cross, and then wait for at least 2 retracements, after retracement, open a position and place sl below or above the previous retracement depending on your position.
The only downside to this strategy is you might miss a lot of other trading opportunities waiting for the retracements.
Let me know what you think.
INTC Death CrossThe last time INTC's chart performed the death cross it traded from 26.60 to 19.30 in a short period, well it has happened again. Right now we are trading at 30.79 but the pressure is mounting as institutional selling has begun. This to me looks like a great short , at least until earnings in April. INTC's forward looking guidance has the stocks estimate at .42c which is down from last quarters earnings at .74c. With lack of mobile presence and technical chart issues this stock could soon be trading at 26.00.