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Moving Averages

EJ BULLISH MOVE EXPLAINED +60 PIPS Hey Rich Friends, I set a buy limit for EJ last night and it triggered and hit TP 2. The key to any strategy is to trade what you see, not what you want. We are retail traders, not market makers, please listen to your indicators. The main reason why I decided to take a risk on this buy is that although the market was moving sideways, the candles were still consolidating above the EMAs. This is usually a strong bullish confirmation for me. I did not have a positive MOM, however, all bullish conditions were met on the STOCH so I felt confident to take this trade. TP 3 is pending and may hit or the bullish trend could be over for now and can be a quick short. - Peace and Profits
Long
0
by MoneyMantraCha
Simple and Profitable Strategy for Beginners | GU +40 PIPSHey Rich Friends, This trade took a while to develop but better late than never! I used my simple 4-indicator strategy to spot a bullish trend on GU and secure 40 pips. It's simple: Indicators: 50 EMA (blue) 200 EMA (purple) Momentum (turn on price line) Stochastic (turn on price line) Bullish confirmations: 1. Candles above/crossing up 1 or both EMAS 2. MOM is facing up AND/OR above 0. 3. Stoch is facing up. Stoch is above 50. The blue line is above the orange line. Must have all 3 or wait. Bearish confirmations: 1. Candles below/crossing down 1 or both EMAS 2. MOM is facing down AND/OR below the dotted 0 line. 3. Stoch is facing down. Stoch is below the dotted 50. The blue line is below the orange line. Must have all 3 or wait. Try my strategy and see if it helps! Peace and Profits, Cha
Long
0
by MoneyMantraCha
Where to Put Your TP and SL | Learn in 10 MinutesHey Rich Friends, This quick video will explain how I easily find my TP and SL for my Forex Trades. I've noticed how many new traders struggle with this, so hopefully this video will help. Here is what I do: 1 . Identify the overall trend of the market. It is important to understand that a Selling market will look like a roller coaster going up, have more red candles and it will continue to create Lower Highs and Lower Lows. A Buying market will look like a roller coaster going down, have more green candles, and continue to create Higher Highs and Higher Lows. This is very important. 2 . Collect my confirmations for the potential trade. Here are some questions I ask myself: - What color is the current candle? - Are the candles above or below my EMAs? - Have the EMAs crossed? - Is my Momentum indicator facing up or down? Is it positive or negative? - Is my Stochastic facing up or down? Is the Indicator's financial value above 50? These are the answers you should get: - Bullish/Buying: Green, Above, Up, Over, Higher, and Positive - Bearish/Selling: Red, Below, Down, Under, Lower and Negative 3. Enter the market at Market Execution or set a Pending Order. 4. Choose my TP and SL using the Long position tool for buying and the Short position tool for selling. Buys: Place TP above previous high and SL below the previous low Sells: Place TP below previous low and SL above the previous high - Peace and Profits, Cha
Education
0
by MoneyMantraCha
10
Why I Am Looking To Sell EURGBP This WeekHey Rich Friends, EURGBP might provide some great bearish/selling opportunities this week. Here is what I am looking at: - Prior rejections in this area (red rectangle) - Candles below 200 EMA - 200 EMA preparing to cross 50 EMA on the Weekly time frame -MOM is negative - STOCH below 50 - GBP news on Tuesday, Wednesday, and Thursday Market Execution Or Sell Limit At 0.86000 Or Higher SL: 0.86400 or Higher (40 PIPS) TP 1: 0.85600 (40 pips) 1:1RR TP 2: 0.85400 (60 pips) 1:1.5RR TP 3: 0.85200 (80 pips) 1:2RR Result: Pending Please Do Your Own Analysis And Use Proper Risk Management. If You Choose Market Execution, Adjust Your Tp And Sl To Your Actual Entry. - Peace and Profits, Cha
Short
0
by MoneyMantraCha
7
EURUSD BEARISH MOVE EXPLAINEDHey Rich Friends, I am happy that after hours of consolidation, the EU market did sell just as I had forecasted yesterday. It has been a long and slow week for me trading my usual EUR pairs but the big drop, break of structure, and bearish engulfing candle that happened this morning were exactly what I needed! In this video, I will review the strategy (indicators and confirmations), that I used to enter this trade and how it went in my favor! I hope this is helpful. My Strategy Indicators: 50 EMA (blue) 200 EMA (purple) Momentum (turn on price line) Stochastic Bullish confirmations (Up, Above, Over, Higher): 1. Candles above/crossing up 1 or both EMAS 2. MOM is facing up AND/OR above 0. 3. Stoch is facing up. Stoch is above 50. The blue line is above the orange line. Must have all 3 or wait Bearish confirmations (Down, Below, Under, Lower): 1. Candles below/crossing down 1 or both EMAS 2. MOM is facing down AND/OR below the dotted 0 line. 3. Stoch is facing down. Stoch is below the dotted 50. The blue line is below the orange line. Must have all 3 or wait - Peace and Profits, Cha
Short
0
by MoneyMantraCha
2
Why I Think EURUSD Will Continue to SellHey Rich Friends, I think EU will continue to sell. Here is what I am looking at: - Candles are below both EMAs. My bearish confirmations are met. - MOM is facing down and negative. My bearish confirmations are met. - STOCH facing down, below 50 and the orange line is above the blue line. My bearish confirmations are met. - The current candle has closed below the 50 EMA. - Bearish Harami pattern on H4 My Strategy Indicators: 50 EMA (blue) 200 EMA (purple) Momentum (turn on price line) Stochastic Bullish confirmations (Up, Above, Over, Higher): 1. Candles above/crossing up 1 or both EMAS 2. MOM is facing up AND/OR above 0. 3. Stoch is facing up. Stoch is above 50. The blue line is above the orange line. Must have all 3 or wait Bearish confirmations (Down, Below, Under, Lower): 1. Candles below/crossing down 1 or both EMAS 2. MOM is facing down AND/OR below the dotted 0 line. 3. Stoch is facing down. Stoch is below the dotted 50. The blue line is below the orange line. Must have all 3 or wait. I will be Selling At Market Execution and Setting a Sell Limit At 1.07450 Or Higher SL: 40 PIPS FROM ENTRY TP 1: 1.07050 (40 pips) 1:1RR TP 2: 1.06850 (60 pips) 1:1.5RR TP 3: 1.06650 (80 pips) 1:2RR Result: Pending Please Do Your Own Analysis And Use Proper Risk Management. If Using Market Execution, Adjust Your Tp And Sl To Your Actual Entry
Short
0
by MoneyMantraCha
7
EURGBP BEARISH MOVED EXPLAINED +40 PIPSHey Rich Friends, Although this trade took some time to develop, I am happy to see that my TP 1 was hit and hopefully the market will continue to sell. I used the same strategy that I posted about in my viral Editor's Pick video, "The Best Forex Strategy I've Used in 3 Years | 4 Indicators" and you can learn more about it by watching it on my Tradingview page. I hope that anyone who followed this trade idea was also able to secure some pips and get a better understanding of the market. Until next time, - Peace and Profits, Cha
Short
0
by MoneyMantraCha
2
Why I Think EURJPY Will Continue to BuyHey Rich Friends, Happy NFP Week! Please remember to check the news and trade with caution. To start this week off, I think EURJPY will continue to buy and here is what I am looking at: - Candles rejecting price going lower in the demand zone - Candles are above both EMAs and the blue EMA has crossed above the purple EMA - MOM is facing up and positive - STOCH is facing up, positive and the blue line is above the orange line - SL will be set below a previous low and TP will be set above a previous high These are more than enough bullish confirmations for me to feel confident in this trade. Comment below and let me know if you agree or if you see something different. - Peace and Profits, Cha
Long
0
by MoneyMantraCha
2
RSI as a Trend ToolMost people use the RSI as a momentum indicator, trying to find Overbought/Oversold (OBOS) conditions, and/or divergences. However there is also a way to use it as a Trend Tool. There is a mathematical relationship that connects the RSI and EMA's. The formula is RSI(x) cross-over 50-line = Close cross-over EMA(2x) i.e. RSI(14) cross-over 50 line = Close cross-over EMA(28) This one of the properties of the RSI, which I discovered when taking a more indept look into momentum indicators, which ultimately led to the discovery of the MACD-v in 2014/2015 The MACD-v was then publicly disclosed in 2022, in the form of a a paper called "MACD-v: Volatility Normalised Momentum", which was awarded: It has won 2 International Awards: 1. The “Founders Award” (2022), for advances in Active Investment Management from the National Association of Active Investment Managars (NAAIM) 2. The “Charles H. Dow Award” (2022) for outstanding research in Technical Analysis, from the Chartered Market Technicians Association (CMTA)
CME_MINI:ES1!Education
by AlexSpiroglou
Tata Consumer Products - Double bottomTata Consumer Products has created a double bottom pattern on a weekly timeframe and given a decent breakout on a daily timeframe, making it an ideal buy candidate. Being an FMCG sector stock in India, which has an ever increasing population, also a very young population, makes FMCG stocks a very safe bet for a few years. Add a decent setup from a technical perspective and its a no brainer to accumulate on dips. That said, please do keep an exit strategy in mind, no matter how safe a stock is. My strategy would be using a 50EMA as a trailing stoploss. For those who do not know what a stop loss is, its basically a rule that a trader follows where in, when price goes below a particular zone/trendline/moving average, etc, they would sell it, no matter what.
NSE:TATACONSUMLong
by Amit_Thakkar_
2
RSI Crossover Strategy + Filtering with 50 EMA + Heikin Ashi : 1. **RSI Crossover Strategy:** - RSI Length: 24 - RSI Moving Average Length: 150 In a typical RSI crossover strategy, traders often look for signals when the RSI crosses certain thresholds (e.g., 30 for oversold and 70 for overbought). In your case, with a length of 24, you might consider buying when RSI crosses above 50 and selling when it crosses below 50. 2. **Filtering with 50 EMA:** - Exponential Moving Average (EMA) Length: 50 You are using the 50 EMA as a filter, only taking trades when the candle is above this moving average. This is a common trend-following approach. Buying when the price is above the 50 EMA can be seen as entering trades in the direction of the prevailing trend. 3. **Candlestick Type:** - Heikin Ashi Candles Heikin Ashi candles are modified Japanese candles that provide a smoother representation of price trends. They are commonly used to reduce noise and identify trends more easily. Putting it all together, a potential trade setup could be as follows: - **Buy Signal:** - RSI crosses above 50 - Candle is above the 50 EMA - Heikin Ashi candle confirms the bullish trend - **Sell Signal:** - RSI crosses below 50 - Candle is below the 50 EMA - Heikin Ashi candle confirms the bearish trend Remember that no trading strategy is guaranteed, and it's essential to backtest and evaluate its performance on historical data before applying it to live trading. Additionally, consider risk management principles to protect your capital. Adjustments may also be needed based on market conditions and your risk tolerance.
by MOAZAM1133
SMCI Making BIG Moves! SMCI: Super Micro Computer, INC This stock trends beautifully. Clean trending patterns perfect for taking demand zones and using your TrendCloud device for buying opportunities! I am definitely adding this stock to my portfolio. Place the TrendCloud System on the 1 hour chart and start accumulating at the crossovers. If you want more info on TrendCloud and how it can help you accumulate stocks at the best time then click the link in my profile :)
NASDAQ:SMCILong
by thechrisjuliano
3
50 EMA + Heikin-Ashi + Stochastic Oscillator **Strategy: 50 EMA + Heikin-Ashi + Stochastic Oscillator** **Indicators:** 1. **50 EMA (Exponential Moving Average):** It helps identify the overall trend direction. 2. **Heikin-Ashi Candles:** These modified candles provide a smoothed representation of price movements. 3. **Stochastic Oscillator:** It helps identify overbought and oversold conditions. **Conditions for Long (Buy) Trade:** 1. Price is above the 50 EMA, indicating an uptrend. 2. Heikin-Ashi candles show a series of bullish candles. 3. Stochastic Oscillator is below the oversold level (e.g., 20), indicating potential buying opportunities. **Conditions for Short (Sell) Trade:** 1. Price is below the 50 EMA, indicating a downtrend. 2. Heikin-Ashi candles show a series of bearish candles. 3. Stochastic Oscillator is above the overbought level (e.g., 80), indicating potential selling opportunities. **Trade Execution:** - **Buy Signal:** Enter a long position when all three conditions for a long trade are met. - **Sell Signal:** Enter a short position when all three conditions for a short trade are met. **Risk Management:** - Use stop-loss orders to limit potential losses. - Consider a risk-reward ratio to ensure that potential profits outweigh potential losses. **Example:** 1. **Long Trade:** - Price is above the 50 EMA. - Heikin-Ashi candles are bullish. - Stochastic Oscillator is below 20. - Enter a long trade. 2. **Short Trade:** - Price is below the 50 EMA. - Heikin-Ashi candles are bearish. - Stochastic Oscillator is above 80. - Enter a short trade.
by MOAZAM1133
BTC. 39.5k-->42k-->38k-->Moon?Summary of 20 minute video: PA looks horrible as usual. We never seem to hit the targets that need to be hit for the price to go up. I am still bullish on BTC, but the buy spot was the week start of Nov 20th, not now. Anyway, I think we go to 42.6k, then 39.5 (oversold wick because of stop losses and then come back above ~40,300 and find support on the 12HR 500 hull and pushing back to this 42k level before dropping again. The reason why I would assume that the price would drop again is that the week timeframe looks bad at the point and may need to come down. Really from there I still think its a matter of coming back up to drop down towards the day time frame hulls. They are currently at 36k and 36.8k, but are increasing at a rate of about 120 dollars a day. So it will not take long for them to get above the week TF hulls (37k and 37.6k) to provide good support and finally move upwards. I did not mention it, but I do think the dollar should have dropped more. It is currently hard to see it really pushing up too much and back into the Week TF hull range. Thus, I wouldn't be surprised if the dollar goes back up, just to fail again. aaaaanyway. I go more into detail in the video.
BITFINEX:BTCUSDShort
by TrendLINEBoys