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Higherhigh

1ST - MACD TREND FOLLOWING STRATEGYQUESTION - WHAT ARE THE BEST FOREX TRADING STRATEGIES? 1ST - MACD TREND FOLLOWING STRATEGY Step #1: Wait for the MACD lines to develop a higher high followed by a lower high swing point. This is an unorthodox approach to technical analysis. But, we at Trading Strategy Guides.com are different. We don’t mind doing uncomfortable things if that’s what it takes to succeed in this business. First, let’s visualize how an authentic swing point really looks on the MACD indicator: The first rule of thumb to recognize a swing high on the MACD indicator is to look at the price chart if the respective currency pair is doing a swing high the same as the MACD indicator does. A higher high is the highest swing price point on a chart and must be higher than all previous swing high points. While a lower high happens when the swing point is lower than the previous swing high point. Step #2: Connect the MACD line swing points that you have identified in Step #1 with a trendline. At this point, we really ignored the MACD histogram because much of the information contained by the histogram is already showing up by the moving averages. Look at the price action now and compare it to our MACD trendline we drew early. We can clearly notice that the MACD contains the price action much better and reflects the trend much clear. But, at this point, we’re still not done with the MACD indicator, which brings us to the critical part of our MACD Trend Following Strategy. Step #3: Wait for the MACD line to break above the trendline. (Entry at the market price as soon as the MACD line breaks above). When the MACD line (the blue line) crosses the signal line (the orange line) it’s an early signal that a bullish trend might start. However, if trading would be that easy we would all be millionaires, right? And that’s the reason why our MACD Trend Following Strategy is so unique. We’re not only waiting for the MACD moving averages to cross over but we also have our other criteria for the price action to break aka the trend line we drew early. This is a clever way to filter out the false MACD signals, but you have to be equipped with the right mindset and have patience until all the piece of the puzzle come together. If you were to trade just based on the MACD crossover over time you’ll lose money because that’s not a reliable strategy. But if you use the MACD indicator along with other criteria such what this strategy tells you to do, you will find great trade entries on a consistent basis. Step #4: Use Protective Stop Loss Order. (Place the SL below the most recent swing low). Now, that you already know how to enter a trade at this point you have to learn how to manage risk and where to place the SL. After all, a trader is basically a risk manager. You want to place your stop loss below the most recent low, like in the figure below. But make sure you add a buffer of 5-10 pips away from the low, to protect yourself from possible false breakouts. Did you notice? The MACD Trend Following Strategy triggered the buy signal right at the start of a new trend and what is most important the timing is more than perfection. We bought EUR/USD the same day the bullish divergence trend started. Now, what this has to do with the SL? Basically, a good entry price means a smaller stop loss and ultimately it means you’ll lose a lot less comparing it with the profit potential, so a positive risk to reward ratio. Step #5: Take Profit when the MACD crossover happens in the opposite direction of our entry. Knowing when to take profit is as important as knowing when to enter a trade. However, we want to make sure we don’t use the same trading technique as for our entry order. When the MACD line (the blue line) produces signal line crossovers (the orange line) we want to close the position and take full profits. Before taking profits, it’s important to wait for the candle close – either the 4h or the daily candle – depending on the time frame you trade so you make sure the MACD crossover actually happens. Note** The above was an example of a buy trade using the MACD Trend Following Strategy. Use the exact same rules – but in reverse – for a sell trade. Conclusion: The MACD Trend Following Strategy is a very simple trend following strategy and yet a very profitable strategy at the same time. As the saying goes, “The trend is your friend” and no matter if you’re just starting as a Forex trader or you’re already an established trader life is much easier when trading in the direction of the line of least resistance rather than fighting the trend which is a loser’s game. The success behind the MACD Trend Following Strategy is derived from one simple principle: momentum precedes price.
Education
by Tradingstrategyguides
3
S&P BULLISH BIAS & CONTINUATIONThe TVC:SPX rose 3.2% last week finally closing above the last previous high at around 2940. This indicates to me that there are still a lot of buyers in the market, the likelihood is that price will continue to make gains in the following weeks. If there is a decline in price, a good buying area (depending on price action) to jump onto the trend will be around the 2800 region. My preference however is over the coming weeks too see if price is able to clear and retest the 3000 handle, if this becomes a reality this is where I will look to add some more positions.
TVC:SPXLong
by Too_Ray1
BTCUSD smh I’m ashamed of you all Seriously guys? Seriously guys.... And the girls of course too... After everything I (As well as many other forex seasoned traders) we taught you guys you see a little red candle and panic immediately? I’m not even bother with the long post because I didn’t even want to do a BTC publication since everybody and their mother is doing on and I thought it was obvious at this point but I’m just gonna poijt two things: 1) Read the goddamn post about practice in fundamentals and how they don’t lie (not when it comes to numbers) and They don’t provide a timeframe for a reason because they are inevitable and don’t matter when as you idiots are indicative of when with variables uncontrollable; my second pt 2) Variables that are not in our control are Quite literally the biggest market indicators and The biggest example being OTC training which is without question be the single most impactful Decatur and responsible for about 90% that’s just the bullshit number that I made up but if I’m being hyperbolic get the gist it’s a lot of market retraxements/dumps/reversals. The other variable of the FOMO/FUD Please go on my LinkedIn and read the post about by 10 crypto Commandments it will do you a huge favor trust me or don’t I’m just not gonna waste my time writing something that you guys won’t bother to read.. Even if we dropped; it won’t be lower than $8010-80 And ultimately we cannot stop the inevitable which means that 10.6 K special threshold resistance; The imperative quintessential R2S2 resistance that I have been dreading and warning y’all for months is coming. How do you not know by now?? that whenever there’s a parabolic run especially one that brings us to a higher high there’s always going to be a lighter dump from some douche bag will try to make a quick profit though it doesn’t seem like much for BTC to drop $200-$300 is a goddamn fortune and a quick flip and I just want you to picture of Wall Street fat cat laughing at you while you’re selling before a bull run away — next time you decide not to listen to my NOT financial advise. Read the post below I’ll update later SMH READ THE POST ABOUT FRACTALS AND FUNDAMENTALS BEFORE READING THIS Set a stop if you want is that your TP1-3 for 9880, 10190, 10558 & Fuck it why not throw 11.2. But I’m telling you right now this is a long super long for a market that moves in dog years with a community of 35 million new minnows swimming in schools following through with the current acting on instinct not realizing an orca whale anticipates your arrival and he’s tired of eating krill & being fucked with by dolphins (the white knights — people like me; who don’t have what they have in net worth but have enough to fend them off) and They are just waiting for a taste of you so they’re gonna get what they want and already did thanks to what ? Satoshi wallet moving? That’s all the MORE reason why you shouldn’t of a clear indication that you were being fucked with just look at historical precedent with every bedroom green candle there’s always a tiny red candle ( not a big one) just a tiny one as Parabolic roads are always follow suit not after a dump but after an anomaly of idiots who panic. You have any idea how much I just lost in this little dump? Do you think I'm about to dump EVER at the bottom of a red candle? NEVER. STOP Losses are in place and I REPEAT THIS FOR THE 10 MILLIONTH TIME FOR A REASON IF YOU SELL WHEN YOU SEE A GIANT RED CANDLE YOU SHOULDN'T BE TRADING AND JUST BUY/HODL UNTIL YO'URE READY. SORRY IF THATS HARSH BUT IM DOING YOU A FAVOR. that when I know if I stop looking at the charts zoom out and look at the INVERTED head and shoulders then do some TA & focus on the fractals/fundamentals and the tech. .. the hash rates and (it pains me to say it) a tanking global economy hence why 35 million (Including 20M in the US alone) are now with us and It’s just painful to watch you guys go through what I had to go through for several years the first half decade with you guys to have to learn through loss of trial and hopefully we will experience as a loss can be that vector for you guys to make wise decisions. By the way by "10 crypto commandments" — One major role in PLACE is to NOT LISTEN TO ANY SINGLE TRADER NOT EVEN MYSELF AND DO YOUR OWN RESEARCH FROM A MULTITUDE OF SOURCES AND CITED INFORMATION CREDIBLE WITH CITATIONS THAT HAVE CITATIONS. DO NOT listen to any single trader ALONE. HELL DONT LISTEN TO THIS IF ITS ALL YOU'RE BASING YOUR DECISIONS ON... When it comes to doing your own TA; entries my 10 commandments NOT ONLY PREDICTED BAKKT & LIBRA YEARS BEFORE THEY WERE EVEN CONCEIVED IN ZUCKERBERG'/JPMORGAN'S HEADS; it has literally covered every single aspect of HOW TO ALWAYS WIN IN EMA25/50 so that if you stick to that Ted rule guide if you d on’t deviate whether it’s your ear me your timeframe / instinct or whatever the case maybe you will always profit that you will always lose a now and again don't get me wrong, no risk no reward right? Yet its non-consequential if you're focused on the bigger picture like myself...which if you aren't, then why are you here? All you have to do is win more than you lose THATS IT! As long as you could maintain a 51% average on entries/exits YOU WILL ALWAYS PROFIT & NEVER LOSE money is it wack where everybody’s losing except for us and (maybe I have a soft spot; just a big heart & a lot of empathy...) as most of CT I know would say ya''ll deserve it & this time its our turn to reap in the profits while everyone else loses.....since we would survived cryptowinter — I had CT friends who are not with us due to suicide ( PinNed in the sub for /r/btc and all crypto related) These guys do this and at the same time they’re laughing so I run circles around them and Use what they don’t have against him which is technology as these are mostly just Wall Street fatcats is a lot of money for the great ability to trade you don’t even know what the hell it is their trading and I can get that to my advantage. My lengthy detailed signal for today’s long is XAUUSD with a w bottom to boot but u guys forced my hand.. Go ahead and sell this is not financial advise it’s just one wizards crystal ball— it’s all noise in these platforms anyway. The only way to get through to you guys to pay for promo for the moment by buying a bullhorn which — forgive me I’m not too keen on spending money to teach plebs how to make money. Spread the word and do the right thing HODL. Additionally look at the link related — all bullish and Rather than publishing new posts I’m just going to update these and re-open the new charts/exit points and I implore you guys to check it out later today: they’re all solid and my TA = already been done spent the better part of my mornin. get there early for max profits. Disclaimer Note: This is strictly conjecture based on my own technical analysis and not any information based on any sources from the GOP Or federal government/treasury dept / ay institution of any form this example is for educational purposes only and should not be relied upon for any other use. Please invest responsibly and make all decisions based on your head; not your gut. Any projections or figures provided in this analysis are Forward-looking statements And have no basis Other than my own opinion and not information related to the GOP , SEC or wall sf in general. Just the wiz doing what he always did best — Disclaimer must be extended and extensive So forgive me as I need to truly emphasize None of the information obtained in conducting this analysis was provided by insider trading in anyway shape or form. Certain information set forth in this presentation contains “forward-looking information”, including “future oriented financial information” and “financial outlook”, under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of the Company; (ii) completion of, and the use of proceeds from, the sale of the shares being offered hereunder; ( iii ) the expected development of the Company’s business, projects and joint ventures; (iv) execution of the Company’s vision and growth strategy, including with respect to future M&A activity and global growth; (v) sources and availability of third-party financing for the Company’s projects; ( vi ) completion of the Company’s projects that are currently underway, in development or otherwise under consideration; ( vi ) renewal of the Company’s current customer, supplier and other material agreements; and ( vii ) future liquidity, working capital, and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements. Peace & Love @a1mtarabichi P.S. Post to omisego forex short — just re-opened & XTC is XTZ (my bad)
BITSTAMP:BTCUSDLong
by UnknownUnicorn3861629
5
AUD/NZD moving up 🦐AUD/NZD created higher high higher lows in the past few days and now just broke the resistance structure. Based on the price action pattern we can see an "inside candle" and we can expect the marker to move further up. According to our strategy we can look for a Long position at the resets of the structure. Give us a like if you agree with the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
Long
by InkyGrip
GBPUSD two possible scenariosGBPUSD two possible scenarios on Daily: GBPUSD is currently trading around resistance so we will be looking for objective sell setups on lower timeframes. on H4: we have an ascending triangle forming and divergence on MACD, however, price is still overall bullish and we will be looking for an objective break below our lower blue trendline to sell. Unless price breaks above our upper blue trendline and resistance then we will be looking for objective buy setups on its retest.
by TheSignalyst
Bitcoin sitting above new supportNow I posted a massive move coming in the next 24hrs, did we hit it? Short answer I don't believe we seen the massive move in price, but we have seen something very bullish. At the time of wrting this bitcoin is trying to hold support above 7688 give or take. My support lines are not accurate, but they are close enough where the now the vpvr is showing as a major trading volume. I as you see I drew a pitchfork, just seeing if there is anything we can go off and well not much. We do see though when it passes or enters the blue area it is meet with rejection, yet at the same time according to this pitchfork we are creating higher highs and higher lows. The goal for today is to break out of this new support if it holds and start heading up to 8196, which would be the big move in price we are looking for. TA atm MACD is bearish, yet it is subject to change if we start pumping. Massive sale volume spikes, yet buyers are there to pick it up and hold the support that was resistance. RSI is heading to neutral and one can assume we are oversold. I'll remain bullish until we break the 50ema on the hourly which we tipped and is following the blue zone of "overbought." Breaking the 50ema would be bad, yet we markets open was meet with sale preasure that was bought up. Along with GBTC is up almost 2%, which puts BTC target pass 8196.
COINBASE:BTCUSDLong
by nathanielx9
2
Bitcoin: Let Your Winners Run.Weak markets do NOT linger around resistance areas, they sell off quickly. That is what I regularly remind our followers who are still long Bitcoin from 5750 and 7025. Is price in a vulnerable area? Sure, but until it produces a clear sell signal on the time frame relative to our LONG only swing trade strategy, there is nothing to do but let the winner run. In this video I further explain this rationale, and evaluate the reward/risk from current levels. NOW is NOT the time to be buying, but rather taking partial profits, and letting the market play out as it chooses. Even though there have been two continuation buy signals since the 7025 long idea, the probability of the location still favors a bearish reversal, BUT that does NOT guarantee that it will unfold that way. Higher lows often lead to higher highs and the recent price structure in this market is nothing but higher lows, and that cannot be overlooked in light of the conflicting location. So which carries more weight? I go with a higher lows, because like I mentioned before, weak markets do not linger around resistance levels. That is a sign of strength that many continue to ignore, and why I am anticipating a push into the low 8Ks rather than a bearish move at this point. The object here is to reduce RISK, while giving the market a chance to reach our second and third targets. Many do not realize, profits are out of our control and are more inline with being random, while risk is something we can fully control. That is why we place all of our profit targets at the time of the buy signal, and remove as much of our emotions from the process as possible. If Bitcoin turns bearish here, and it can come out of no where, we will NOT react. Our stop is in place, and it is up to the market to do the rest. One reason why many get caught in the noise is because they are mixing day trade expectations with larger magnitude levels and information. The nature of the time frame you trade MUST be accounted before BEFORE you enter the market, do not mix day trades with swing trades (topic of today's webinar).
BITSTAMP:BTCUSD
by MarcPMarkets
19