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Goodsetup

Daily Trade Chart.. Pinpoint of important valuesThis is just a pinpoint of the important values given by 4-16 (the last time we were in this price range). The strong resistance is a high of a breakdown candle(4-16) and the support is given by the value that was rejected today and also the low of a breakup candle(4-16). Trade accordingly and personally I think the bears have a slightly stronger control due to yesterday's trades BUT the bulls could EASILY do a short squeeze and keep pushing till the end of the day resulting in a bull gap tomorrow. -Also if it keeps going back and forth then a bull flag is formed. Maybe leads to a gap up tomorrow in order to close the gap formed yesterday. There are magnetic values that the market tries to reach up and down... this gap is one. Give a like if you agree and follow me because I will be updating throughout the day and night.
AMEX:SPYLong
by itsQure
Dash Long Term low Risk Trade PlanSetup is pretty smooth and easy to do Green circle shows where i can enter the trade. I'm planning 2 entries in it. ( $77 and $57) Stop Below the ATL I may compound on the way up, if that happens It is not suitable to risk lower than R and risking more than 5R, I have to make an exception because while market retracing i need as much as cash i could spare. I have too much altcoin trades/waiting orders so my rules says do not overexposure myself is a must and its not negotiable! I can risk .75 R for 4-5 trades if i wont close/take profit with my current trades. Since shitcoins has too much to offer i'm ok with low risk/reward. ..................................... The Color Map of The Chart Red = (M)onthly Yellow = (w)eekly White = (D)aily Green = 4H Blue = 1H Rainbows = Mins .....................................
KRAKEN:DASHUSDLong
by badmilkshake
What is a good setupWhen you look for a trade, you must start your analysis in the monthly chart. Then you have to go to the weekly, daily and hourly ones. After that work, you can make an idea about the market direction. If you have buy and sell setups in the one hour, you shall take those that go in the daily-weekly direction. Here you have a good example in the USDJPY. This one reached a reversal point in the daily chart and is going down. It will keep on going down until it shows divergence and until it is below the big trendline. You shall take all the sell setups you see. The last one was perfect. It is a one hour flag with a 15 minutes flag in the end
by Alejandro7
1