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Moving_average

NZD/CHF SELL SETUP !!!Basically when you look at price action we see price is consolidation on the Daily timeframe support level, Despite weakness on volume , structure in lower timeframe like H4 and H1 stills show market structure to downside. So basically we have two areas for look for a rejection one @ the 31.8% fib level which is in confluence with previous support now resistance Rejection two @ 61.8% fib level which is potential maximum point to grab liquidity to break down the daily support Nice risk to reward Follow me for more breakdowns like this
Short
by ShinForex1
FSLY - Could betTurning the cornerFSLY is reporting earnings today AMC (After Market Close). In the last 2 days, it gapped and short up a whopping 36% from 9.87 (last Friday's close) to 13.43 yesterday. Could it be accumulation by those who might already 'know" that earnings could surprise to the upside? However, at current price, whether FSLY continue to run up after earnings or "sell upon news" remains to be seen. What is more important is that the longer term price recovery is likely to be underway owing to how the stock has been behaving: 1. Rounding base has been forming in the last 9 months with its 200 day MA slowly flattening out 2. Went above its 200 days Moving Average since above 2 weeks ago (dipped back below only briefly ) 3. Golden Cross approaching 4. The huge volume and gap up on 13 Feb could be a potential breakaway gap (though we can only confirm on hindsight). Unless earnings disappoint greatly and send the stock crashing badly again, it could be time time to accummulate on near term dips, especially if it can hold above yesterday's candle low @ 12.16. (sign of strength if it it does not dip below here, no go it dips sharply below) However, being a penny stock, % movement can be huge (both ways) hence suggest not to not oversize in order to withstand volatility with trailing stops catering to least 10% - 12% pullbacks. Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
NYSE:FSLYLong
by Juliac
2
CADCHF: potential long moveHere is my view on CADCHF- 1.A long position can be made now as we broke the DTL and now price is retesting it again + 4H 50EMA. It is riskier because the price has not yet broken the daily 50EMA and the current resistance zone (~0.69200), but it gives a slightly better entry for a long position 2.If you want to be more conservative, just wait for a breakout of the current resistance zone and Daily 50EMA and the retest of it for entry Here is how daily looks like:
Long
by JivkoXristov
Moving Average Method SPY OptionsSimple to use on the 15 minute to Daily chart. When the Emas cross with green on the top buy calls within $2 strike. When cross with red on the top buy puts within $2 strike. Bottom Mac'd Ema difference should also be same color as top Ema. Green/Green or Red/Red. Any light blue line Ema or Sma can be support or resistance so be prepared to sell. Buy time never buy contracts that expire that day. Greeks will burn you. Support and resistance are the green and red stripes across the chart(also sell or buy points. Ideally enter on the 5 minute chart then switch to the 15 minute or half hour chart to eliminate noise. Bars on far right are volume shelves, the ones that stick out furthest left are also support and resistance spots. Happy trading.
AMEX:SPY
by kwiktrip
2
SNAP - could be emerging from baseSNAP plunged 10.3% on 1st Feb after announcing yet another quarter of dismal results. However, what happened after that is interesting. The stock began to recover steadily in the last 3 days on good volume, a stark contrast to the correction the general market was experiencing. This exhibits "hidden" strength / support for the stock. There is a good chance it is going to test a critical neckline @ 12.94 in the coming days. Should it begin to break above this neckline and also the 200 day MA, then the odds are good then it has entered into a recovery phase. Let's wait and see. Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
NYSE:SNAP
by Juliac
Consider the Long-Term ChartI'm not going to call if the bottom is in or "not so fast" but just want to point out that we may only be halfway through a significant long-term downturn. It's concerning to me that RSI has broken significantly below 50 for the first time since the market recovered from the lows in early 2009. It's also concerning that price looks like it wants to retest the 50-mo. EMA after seemingly finding support a couple months ago. There's still considerable downside risk to the 200-mo. EMA where it has found long-term support in the past and it also happens to currently line up with a double bottom with the covid panic low from early 2020. Will it go down to the 200-mo EMA now? I'm not sure, I'm just saying that it could and you need to be prepared for that. I do know that if it continues to drop it would be a blood bath down at those levels and also a great long-term buying opportunity in my opinion (it could find support above, at or below the 200-mo EMA and an interesting level would be the top from the tech bubble around 2000 which lines up with a period of sideways consolidation from 2015-2016.
NASDAQ:IXIC
by PatientContrarian
SPX / NQ - Bull confirmed (ok nothing is 100%)I wrote on Jan 18 that SPX had been looking "optimistic" technically as there were several factors favoring the bulls. After FOMC meeting yesterday, the bull case has now received further affirmation: 1. Both SPX and NQ are now above their 200 day moving averages 2. Both have broken above a long term trendline resistence 3. SPX is about to "Golden Cross" (ie 50day MA crossing above 200 day MA) 4. SPX has also broken above it's diamond shaped formation 5. Rotation has been back into tech stocks in the past week with Big Techs gaining solid ground Prior to this, I have mentioned several times that many stocks were forming basing patterns (rounding bottoms, inverse head and shoulder, Adam & Eve) etc. There were several false breakup at the beginning but lately there were more stocks that had golden crosses and with successful breakups. Many people were looking at the "tree" (in this case the indices eg SPX or NQ) but forgotten about the forest (a whole bunch of stocks which were exhibiting basing patterns, although they still took months to confirm a breakup). Forget the noise, trade the technicals. Keep things simple We could have pullback in the coming days, but as long we have higher lows or above the 50 or 200 day moving averages etc, the bigger trend is still up. Until these are negated, the risk-reward favor the bulls right now. p/s not saying to jump blindly into stocks right now (if you haven't done so) but look for those with good entries (either momentum breakup or buying the dips for stocks already trending). Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
SP:SPXLong
by Juliac
1
Not another market timing theory....Okay, I get it. Timing the market < time in the market, but I can't argue with the results of this strategy. Here we're going to take a look at a timing model using the popular MACD / MA Cross combination, with a dash of stop loss and a pinch of momentum indication, so let's dive in. This is "close" to what I use for my personal indicator, although done on a different platform. A while back, I took on the challenge of learning Pine Script for my first coding experience. A lot of copy/paste was used. I published an "Advanced MACD/MA Cross" indicator, with the intent on building it into this strategy. So yes, first of all, the main signal is a combo MACD / MA Cross on the S&P 500 index ( SP:SPX ). Another important thing, likely the most important thing of all, is this strategy relies on the LOGARITHMIC movement of the S&P. This is very important. When looking at the log movement of a stock or index or whatever, you go from looking at the REAL PRICE to looking at MOMENTUM. In my years of trying to find a decent momentum indicator, I found just looking at the logarithmic movement was best. Settings for MA Cross are fast 200 TEMA, slow 650 DEMA. I've found it best if the MA types are different (slow MA is also a slower "type") when looking at logarithmic movement. For instance, if your slow MA is an SMA, fast should be EMA. If slow MA is EMA, fast should be DEMA, so on and so forth. This will cause the slow MA to vertical shift down during bull markets and up during bear markets. The settings provided seem to give a good overall indicator of general market movements, but usually it's slow to respond to market entries. My MACD looks at exponential moving averages of 200 and 500 on the S&P, and then applies a 100 day EMA signal line. This provides good entry points in general. When evaluating these long term trends, sometimes, unexpected things happen in the market that give potential to lose a lot of money. This strategy also implements a stop loss and market "bounce" finder. Stop loss is straight forward. If the strategy detects that the log movement of S&P has dropped by 10 points, a "bond market alert" will trigger. Conversely, the "bounce" finder looks at log movement of S&P from a rolling 17 day period, and if it's moved upwards by 10 points, a "stock market alert" will trigger. The strategy tester is pretty good, although the equity holds a flat line through the Bond market. This is where a true portfolio backtest would come into play. Look at the list of trades from the strategy tester, input them into a spreadsheet or whatever, and see how this movement indicator would work for your favorite stock over the past several years. Chances are, it'll work pretty well, and a lot better than a buy and hold strategy. While looking, you may want to investigate leveraged long term treasury bonds ( AMEX:TMF ) during the indicated downtime, or index LETF's during the uptrends ( AMEX:UPRO , NASDAQ:TQQQ , etc.), depending on your risk tolerance. The chart above shows the S&P compared to Vanguard's Long Term Treasury ETF ( NASDAQ:VGLT ), as well as market entry and exit positions, in the first pane. Second pane is the Logarithmic movement of the S&P, and the strategies MA Cross lines. Third pane is MACD (MACD MA's not shown for clarity). Fourth pane shows the "bounce" indicator. Strategy tester goes all the way back to 1950, or the beginning of daily data for the S&P 500. You'll see a few trades missed the mark, but the profit factor is important to note (and keep in mind, this doesn't take into effect BONDS!) P.S. disclaimer, this isn't 100% exactly what I use for my personal market entry / exit indicators. My personal bounce entry and stop-loss methodologies are slightly different, and I also track an underlying portfolio that will initiate a stop loss if neither stocks or bonds are working (i.e. 2022). And also, I'm not a financial professional, this isn't financial advice, yada yada yada. P.P.S. please forgive me if the formatting doesn't end up right here, never published a strategy before!
SP:SPX
by garretthenry229
BBY - emerging uptrendConfluence of factors to support this view: 1. golden crossed on 4Jan23 2. 200 day MA is now flattening out 3. beginining to break out of a 2 month sideway consolidation (>86.89) It is possible that the stock could dip back briefly into the consolidation range in the near future but we are likely to see a higher low should this happen. Disclaimer: Just my 2 cents based on pure TA and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
NYSE:BBYLong
by Juliac
Cardano Bullish BreakoutHey Trader! This analysis is based on an Ascending Triangle. Since the price of Cardano has been moving in a bull market lately, it is not uncommon to see a formation like an Ascending Triangle that will have a bullish breakout. Below the price and the triangle are two notable support levels which have a major impact on Cardano's buying power. These two support levels are located at 0.3295 , & 0.2657 . Based on the recent price action, Fibonacci indicates a target at 0.5562 which can be reached as a result of a potential bullish outbreak from the triangle. In addition, Cardano's market price has crossed the 50-day moving average which in itself indicates a buy recommendation (the 50-day moving average is visualized by the grey line). I hope this analysis was instructive and can be used for future consideration of Cardano's situation and the potential that can be exploited.
Long
by Aksel_Rom