Introduction to one of the basic trading methodsHello traders!
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Basic trading method
(How to purchase)
1. Aggressive buying when falling by more than -10%
2-1. Buy when there is an upward trend on the 1D chart (when the price is maintained above the MS-Signal indicator) and when the candle is a downward candle.
2-2. Buy when there is a downward trend on the 1D chart (when the price is maintained below the MS-Signal indicator) and when the candle breaks upward through important support and resistance points.
Therefore, buy when there is a rising candle.
(Selling method)
1. Split sale when it rises by more than +10%
2. Split selling when the high point cannot be renewed
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The basic trading methods introduced above are methods that can be traded even if you are not familiar with chart analysis.
Among these, I will take the time to explain the trading method corresponding to 2-2 of the purchasing method.
You can know the trend based on the MS-Signal indicator on the 1D chart.
Currently, it has fallen below the MS-Signal indicator, and the MS-Signal indicator has been converted to a downward indication.
Therefore, it should be interpreted that there is a high possibility that the current downward trend will continue.
Therefore, in the basic trading method, you should buy when the candle is below the MS-Signal indicator on the 1D chart, that is, when it is in a downtrend.
Therefore, you should buy after confirming that the price breaks above the support and resistance points.
Basically, you can trade using HA-High, HA-Low indicators and box sections.
If you purchased when it fell more than -10% on January 12, you can proceed with a second purchase if it rises above the HA-High indicator.
You can proceed with aggressive buying when the HA-High indicator breaks above the 43450.03 point.
In that case, you will have to sell it in installments when it appears to be rising and then falling.
If you don't like it, you should check for support at 43450.03.
In order to confirm support, it is necessary to check for at least 1-3 days after rising above 43450.03.
Have a good time.
thank you
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.
Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched.
If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
MS
Limitations of Secondary IndicatorsHello traders!
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(BTCUSDT 1W chart)
It rose and closed above 43823.59 for the first time since December 04.
After 5 weeks, it is finally showing signs of upward progress.
Accordingly, if it falls below the 43160.0-43823.59 range and shows resistance, a stop loss is necessary.
The 43823.59 point is the HA-High indicator point on the 1M chart.
Therefore, I think it will be a test of whether it can pass the first hurdle to start a major bull market.
Currently, the HA-High indicator on the 1W chart is formed at 59370.07.
Therefore, in order to pass the second point for the start of a major bull market, the HA-High indicator on the 1W chart must rise or higher.
It is considered normal if the HA-High indicator of the 1W chart and the HA-High indicator of the 1M chart are interchanged, but in fact, the HA-High indicator is an indicator for trading and has nothing to do with normal or reverse arrangement.
Since the HA-High indicator on the 1W chart is at a fairly high price, it would be better to shake it up and down to create a new HA-High indicator, but I don't know that.
Therefore, there is a possibility that it will continue to rise and touch the HA-High indicator of the current 1W chart.
In any case, if the M-Signal indicators on the 1D, 1W, and 1M charts continue to align, the coin market will maintain an upward trend.
-------------------------------------------------- -
What I want to talk about is the limitations of auxiliary indicators.
Secondary indicators are most effective when prices are moving sideways or have just broken out of a sideways range.
In addition, if the price fluctuates sharply or continues to trend in one direction, the secondary indicator will appear incorrect.
The phenomenon is expressed as divergence.
Therefore, it is recommended to use secondary indicators only when the indicator is in a sideways section or has just exited a sideways section.
After that, you should use the indicators displayed in the price chart section.
In the future, we hope that you will not miss a good opportunity by referring to the movements of secondary indicators when the price falls sharply or deviates from the current box range.
Have a good time.
thank you
--------------------------------------------------
- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.
Since it is thought that a new trend can be created in the overshooting area, you should check the movement when this area is touched.
If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
The key is whether this week's candle closes above 43160.0Hello traders!
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-------------------------------------
(BTCUSDT 1W chart)
The key is whether this week's candle can close above 43823.59.
If it fails to close above 43823.59, I think there is a high possibility of a decline since it is the 5th week of resistance at 43823.59.
At this time, you need to check whether it can receive support and rise around 37253.81-38531.90.
(1D chart)
This period of volatility runs until January 6th.
Therefore, we need to check where this week's candle closes.
The next period of volatility will be around January 16th.
The fluctuation range in the next volatility period is expected to be in the range of 42053.66-45135.66 (maximum 37253.81-56150.01).
It is necessary to check whether the price can rise along the rising channel based on the rising trend line (2).
---------------------------------------------
USDT and USDC are maintaining an upward trend, creating a gap.
I think this is evidence that funds are continuously flowing into the coin market.
(USDT chart)
If USDT dominance is located below the 5.89-6.39 range, I think the coin market is likely to maintain an upward trend.
(BTC.D chart)
At this time, if BTC dominance falls below 50 and remains, I think there is a high possibility that an altcoin bull market will begin.
Otherwise, if it rises, altcoins are likely to gradually sideways or decline because funds are concentrated towards BTC.
However, as BTC rises, BTC dominance rises, and if BTC dominance rises above 61 and then begins to fall, the coin market is expected to enter a major bull market.
A major bull market refers to a bull market in which most coins (tokens) renew their new highs (ATH) beyond imagination.
Have a good time.
thank you
--------------------------------------------------
- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.
Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched.
If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
HA-High : If supported, the previous latest high can be updatedHello traders!
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-------------------------------------
(BTCUSDT chart)
The key is whether it can receive support and rise around 34110.32-34786.17.
If it rises, we need to check whether it can rise above 37253.81-38531.90.
This is because the 37253.81-38531.90 area is expected to be the first resistance area in the current upward trend.
(1W chart)
It is important to see whether a new candle is created and the HA-High indicator appears to be about to be newly created.
To do this, there must be an up and down shaking motion.
If there is no up and down movement, there may be an up and down movement around 38531.90, so you need to think about a countermeasure.
Therefore, when it falls after resistance near 38531.90, if the price is maintained above 29241.72-30767.38, it is expected to create a pull back pattern and rise again.
Therefore, in the 1W chart, which direction it will deviate from the 30767.38-38531.90 section is an important issue.
If it rises above 38531.90, this bull market is expected to end by rising to around 46431.5.
(1D chart)
The rise began with a rise above 29241.72-30767.38 and rose to the 37486.17-37779.56 range, which is the first important support and resistance range.
Additionally, since the HA-High indicator was created at the 34389.02 point, if it is supported and rises around this area, it is expected to renew the previous latest high.
In order to show a greater upward trend, the following conditions must be met.
In this chart, we believe that maintaining the price above the HA-High indicator meets the following conditions.
Therefore, an important question is what movement will cause the price to rise above the HA-High indicator on each time frame chart.
The HA-High indicator on the 1D chart is showing support as it is created at the current price position.
Accordingly, the short-term upward trend is expected to continue.
Next is whether the HA-High indicator on the 1W chart is generated from the current price position.
Because the RSI indicator has entered the overbought zone due to this rise, the possibility of a new HA-High indicator being created when it falls from the overbought zone has increased.
If a new HA-High indicator on the 1W chart is created, then we will continue the discussion.
--------------------------------------------------
- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
MORGAN STANLEY Strong buy signal at the bottom of a Channel DownMorgan Stanley (MS) has been trading within a Channel Down pattern since the beginning of the year and on Friday hit again the Lower Lows (bottom) trend-line. Today it formed a MACD Bullish Cross on the 1D time-frame and is issuing a strong buy signal as every time it appeared, in the last 12 months, the price rose by a +8.16% to +27.31% margin.
Taking the +8.16% minimum, the price targets $83.50, which is above the 1D MA50 (blue trend-line) but still just below the (dashed) inner Lower Highs trend-line. On a 4-month horizon, we expect an even higher price at around $90 (within Fib 0.618 - 0.786 as the July 25 High).
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MS Morgan Stanley Options Ahead of EarningsIf you haven`t bought MS here:
Then analyzing the options chain and the chart patterns of MS Morgan Stanley prior to the earnings report this week,
I would consider purchasing the 85usd strike price Calls with
an expiration date of 2024-1-19,
for a premium of approximately $1.85.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
MS-Signal, HA-Low, HA-High, and trading strategyHello?
Hello traders!
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Have a good day.
-------------------------------------
(XRPBTC chart)
In order to trade, you must select support and resistance points and proceed with the appropriate trading method.
To do this, we work hard to analyze charts and apply them to trading.
However, because of a one-time transaction made out of greed, there are often cases where the more you proceed with the transaction, the more you end up trading in the wrong direction.
The only way to correct these wrong transactions is to sell 100%.
It doesn't matter what criteria you use to select support and resistance points.
As long as you can select reliable support and resistance points, you will meet the essential requirements for trading through chart analysis.
For the rest, you can trade according to your investment style and trading strategy.
Even if everything goes perfectly as planned, it's not easy to survive market volatility.
Accordingly, we have no choice but to proceed with split sales in order to respond appropriately to market volatility.
In order to proceed with trading like this, you must have support and resistance points and know how to create a trading strategy appropriate for them.
This is because trading in the form of buying at a point that someone told you and selling at a point that someone told you is ultimately very likely to result in a big loss because you do not have your own investment style or trading strategy.
Any indicator that shows support and resistance is fine.
However, you just need to check the indicator in real time at any time to ensure the reliability of the indicator.
The most important indicator on my chart is the MS-Signal indicator.
This is because the trend is determined by which side holds the price based on the MS-Signal indicator.
However, it is not easy to select support and resistance points using the MS-Signal indicator.
Because it is made up of curves.
So, we added several indicators to select support and resistance points.
As a result, it was possible to proceed with trading by checking whether support or resistance was received at support and resistance points with the MS-Signal indicator.
However, the problem was that its importance in playing the role of support and resistance was not that great.
Therefore, these support and resistance points are used as split selling points after purchasing.
So, the HA-Low and HA-High indicators were created to find the starting and ending points of trading.
So far, only the HA-Low and HA-High indicators have been explained.
I have not provided any explanation on how to create a trading strategy using this.
Today, I would like to explain how to use this to create a trading strategy.
HA-Low and HA-High indicators are not intended for chart analysis.
It is an indicator created purely for the purpose of trading.
Therefore, when the price touches these two indicators, it means that you are ready to proceed with the transaction.
Therefore, you can start or end a trade depending on whether you receive support or resistance from these two indicators.
The HA-Low indicator marks a point.
Therefore, if it falls below the HA-Low indicator, there is a high possibility that the previous low will be renewed.
Therefore, buying at the HA-Low indicator means purchasing or selling farming, that is, making a mid- to long-term investment.
You may think that mid- to long-term investing means buying at a very low price and selling when the price rises to its peak, but this is not the case.
The core of mid- to long-term investment is an investment method that seeks to obtain large profits with a small investment amount by controlling the investment proportion.
If you mistakenly thought that this was a transaction where you buy with all your investment money at a very low price and wait until the price rises, you must change your thinking.
If you look at the chart above, you can see a section where the HA-Low indicator has been touched but continues to decline.
If you observe this closely, you can see that when it falls below the MS-Signal indicator and the MS-Signal indicator shows a downward sign, or when it falls without support from the HA-High indicator and falls, it leads to a further decline.
Let me tell you something else here.
In other words, I would like to talk about “I don’t know whether I am supported or resisted.”
Knowing whether you are receiving support or resistance is a know-how that can be acquired through day trading.
Therefore, in order to know whether you are receiving support or resistance, you must acquire your own know-how through day trading.
Unless I change my mindset that I don't do day trading because I'm not good at day trading, I will always be dissatisfied with the average purchase price and proceed with trading.
There are separate times for day trading.
That time is now.
The period of day trading is included in the series of processes that occur in order for companies or people operating large funds to sell their coins (tokens) in the process of realizing profits.
After this day trading period, the coin market will experience great volatility and a full-fledged upward trend will begin, so if you do not practice day trading during the current period, it will take a long time until this cycle returns. You have to wait a period of time.
Therefore, during day trading, it is necessary to put aside your greed and make constant efforts to earn even a small profit with a small amount of money.
Once you can tell to some extent whether you are receiving support or resistance at the support and resistance points, proceed with buying at the HA-Low and HA-High indicators.
However, since buying at the HA-Low indicator is a farming transaction, that is, a purchase conducted for the purpose of mid- to long-term investment, the purchase must be made aggressively, that is, with a small proportion of the investment amount.
Therefore, since the purchase was made with a small proportion of the investment, it is useful to use day trading or short-term trading to increase the number of coins corresponding to the profit by selling the amount purchased.
If you continue to trade in this way, you will touch the HA-High indicator.
The HA-High indicator is a surge indicator, that is, an indicator that signals a full-fledged upward trend.
Therefore, being supported by the HA-High indicator means that there is a high possibility of a large increase, so you should proceed with the purchase by increasing the proportion of your investment.
However, in order to surge, there is a possibility of up and down fluctuations, so efforts are needed to overcome this.
If you made an aggressive purchase using the HA-Low indicator mentioned earlier and purchased for the purpose of mid- to long-term investment, you can achieve psychological stability because the average purchase price is likely to be located at a lower price than the current price even if you purchased under the HA-High indicator. There will be.
In addition, you can stabilize your psychological state because you can make a profit by selling what you bought at the HA-Low indicator near the HA-High indicator.
I talked about something else for a moment earlier, but I'm going to talk about something else here again.
The other topic this time is “How can I make my psychological state stable?” I'd like to talk about this.
You can find out to some extent whether your psychological state is unstable or stable by checking whether you are sticking to the trading strategy you had in mind when you first made the purchase, i.e., weight control, split selling method, target point, etc.
There is essentially no psychological disturbance before starting to buy.
Therefore, before purchasing, you can plan your trading strategy from a third party's perspective.
However, psychological agitation begins as soon as you start buying, and the psychological agitation increases due to price volatility.
Therefore, in order to prevent such psychological disturbance, selling in installments is absolutely necessary.
The timing of split sales must be changed as the transaction progresses to suit price volatility.
Therefore, what you need to think about before proceeding with the purchase is the proportion of investment, the section to proceed with the purchase, the first sale section, and the stop-loss section before starting trading.
As you can infer from what I mentioned earlier, the section to purchase is around the HA-Low and HA-High indicators.
If you purchase at the HA-Low indicator, the first selling section will be around the HA-High indicator.
If you make a purchase at the HA-High indicator, if the HA-High indicator also rises as the price rises, the area around the HA-High indicator that you meet next will be the first selling section.
It is recommended to set a stop loss point when you have recorded a loss that you can personally handle.
You need to be careful because selling when you are losing too much can increase the psychological agitation mentioned above, which can have a negative impact on your next transaction.
Considering this, let's take the stop loss points on the HA-Low and HA-High indicators as an example.
There are virtually no support or resistance points below the HA-Low indicator.
If you are using an indicator that shows other support and resistance points, you can set the stop loss zone by referring to the support and resistance points.
However, it is not easy to set up if only the MS-Signal, HA-Low, and HA-High indicators are set.
Therefore, when purchasing at the HA-Low indicator, controlling the proportion of investment is very important.
This is because it is most effective to reduce the burden of stop loss by controlling the proportion of purchases.
Usually, it is recommended to stop loss when the price falls below the opening price on the day you started buying.
That way, you can buy at the HA-Low indicator, which would have risen above the HA-Low indicator again the next day. Otherwise, the timing of the purchase will keep changing, which can act as a factor in increasing the average purchase price.
The HA-Low indicator is likely to be formed below the MS-Signal indicator.
Therefore, rather than buying near the HA-Low indicator to reduce the burden of stop loss, it is also useful to buy when the MS-Signal indicator shows the price maintaining.
In such cases, the HA-Low indicator becomes the stop loss point.
To start an uptrend, the price must be above the MS-Signal indicator, and the MS-Signal indicator must be indicating an uptrend.
Therefore, you can understand these characteristics well and proceed with purchasing near the MS-Signal indicator.
I mentioned earlier that because the MS-Signal indicator is a curve, it is not easy to select support and resistance points.
To compensate for this, we have made it possible to check the M-Signal indicators of the 1D, 1W, and 1M charts on low time frame charts.
You can use this to check whether there is support or resistance on the low time frame chart and proceed with the purchase.
Looking at the current BTCUSD 1D chart, the HA-Low indicator is rising and forming at the current price position.
Therefore, we can see that we have entered a period in which we can proceed with transactions by creating transactions in line with what we have discussed so far.
Whether you buy when there is support near the HA-Low indicator or when the MS-Signal indicator switches to a bullish sign depends on your own investment style and trading strategy.
--------------------------------------------------
- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
Using Heikin Ashi and MS-Signal Indicatorshello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(1h chart)
The biggest disadvantage of trading using moving averages is that it is not easy to identify support and resistance points.
To compensate for this to some extent, we looked at how to add and utilize Bollinger bands and StochRSI indicators.
The 150 moving average is an important moving average in utilizing the moving average.
This 150 Moving Average can be applied and utilized on any time frame chart.
The next possible moving average combinations are 5 and 26, 26 and 50.
Time frame charts suitable for utilizing the 26 and 50 moving averages can be utilized on charts under the 15m chart.
The reason is that it is a time frame chart with too fast volatility.
For other time frame charts, i.e. 15m charts and above, you can use a combination of 5 and 26 moving averages.
I have written down the names of the indicators displayed on this chart.
5 The indicator corresponding to the moving average corresponds to the Heikin Ashi indicator.
26 The indicator corresponding to the moving average corresponds to the MS-Signal indicator.
Therefore, when the 5 moving average crosses upward from the 26 moving average, that is, when a regular arrangement is made, it is time to buy.
As such, when the Heikin Ashi indicator breaks above the MS-Signal indicator, it is time to buy.
The good thing about using the MS-Signal indicator and the Heikin Ashi indicator is that you can see the breadth along the trend.
The thicker the width, the stronger the role of support and resistance.
Thus, it provides more confidence in direction than a single line, such as the 5EMA indicator on a 1D chart.
And, you can also tell if a trend reversal is taking place or not.
This change is indicated by the color change of the MS-Signal indicator and the width of the Heikin Ashi indicator.
The transition of the MS-Signal indicator from downtrend to uptrend is indicated by the transition from red to blue.
Conversely, a transition from an uptrend to a downtrend is indicated by the transition from blue to red.
The Heikin Ashi indicator transitions from blue to orange for a downtrend to uptrend and orange to blue for an uptrend to bearish transition.
This change in appearance can be useful when conducting transactions.
The M-Signal indicator on the 1D, 1W, and 1M charts and the 5EMA indicator on the 1D chart are very useful when conducting day trading.
Therefore, it is recommended to activate it and check the movement during day trading.
The M-Signal indicator on the 1D chart works similarly to the 26 Moving Average.
Therefore, the short-term trend of the 1D chart can be intuitively identified by the 5EMA indicator on the 1D chart and the M-Signal indicator on the 1D chart.
Therefore, it can be very useful if you trade using tradingview brokers.
(1D chart)
Also, if you mark the M-Signal indicators of the 1W and 1M charts on the chart, you can intuitively know the mid- to long-term trend, so you can complete the chart analysis faster.
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With this, we learned how to trade using moving averages and indicators that are more valuable than this.
Chart analysis is only one part of the process to trade after all.
No matter how good your chart analysis is, if you don't come up with a good trading strategy, you will end up with losses or small profits.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
Indicators that can identify trends: MS-Signal indicatorHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(LINKUSDT chart)
The composition of the chart consists of price and volume.
Therefore, chart analysis can be interpreted differently depending on how you interpret price and volume.
First of all, if you look at the price part, you can see that the trend and various indicators were created based on price candles and moving averages.
Therefore, it will be difficult to interpret the chart as the concept of the arrangement of the candles and the price moving average is not established.
The array of price candles, that is, the high and low points formed by connecting the candles, draws each trend line to check which direction the current price movement is moving.
However, it is necessary to be careful because it is difficult to find the highs and lows of a low time frame chart, so it is possible to draw an incorrect trend line.
A false trend line means that you drew a trend line, but did nothing with it.
The more false trend lines you have, the less information you can get from chart analysis, and the trading strategy created with such reduced information loses its usefulness, so you need a solid basis even when drawing a trend line.
With a firm basis on how to draw a trend line, we will have time to explain in detail later on how to draw it.
The MS-Signal indicator shown in this chart is an indicator that can confirm the trend by using the formula of the MACD indicator.
Therefore, it is necessary to become familiar with the interpretation method using MS-Signal indicators before practicing drawing trend lines.
The MS-Signal indicator utilizes the formula of the MACD indicator. If you look at the formula of the MACD indicator, you can see that it was created using a moving average.
Therefore, if you understand the concept of moving averages, I think you will have no difficulty in using the MACD indicator.
MS-Signal indicator consists of M-Signal indicator and S-Signal indicator.
Therefore, an arrangement of M-Signal indicator > S-Signal indicator means that it is in an uptrend.
During this uptrend, if the price candle holds the price above the MS-Signal indicator, it means that the uptrend is likely.
We have also explained indicators that use volume to mark support and resistance points.
That index is the OBV index included in the HA-MS index.
The OBV indicator is an indicator that shows the change in trading volume due to price fluctuations, and the key point of the OBV indicator is 0.
Interpretation of trading volume can be difficult to understand, so we will take time to explain in detail when the explanation of the price chart part is being finalized.
In this chart, the 'Vol & Trend' sub-indicator includes indicators that utilize trading volume.
What I want to explain this time is about the MS-Signal indicator explained above.
Since the MS-Signal indicator is published in the trading view formula, you can look it up if you want to know the formula. (HA-MS indicator)
MS-Signal indicators are composed of M-Signal indicators and S-Signal indicators.
Among these two indicators, the key indicator is the M-Signal indicator.
Therefore, it is designed to display M-Signal indicators of 1M, 1W, and 1D charts separately.
Utilizing these indicators, it plays a role in showing the overall trend of the price chart immediately even if it is below the 1D chart.
(4h chart)
The 4h chart above is a chart set to display only the M-Signal indicators of the 1D, 1W, and 1M charts.
If the M-Signal indicators form a regular arrangement (1D > 1W > 1M), you can see that there is an upward trend from a long-term perspective, just by looking at the 4h chart.
These marks can reduce the time it takes to analyze a chart because it can shorten the viewing time when viewing multiple charts.
It also reduces the chance of getting caught in a whipsaw by price fluctuations.
Chart analysis is just analysis, you need a trading strategy to trade.
Chart analysis should focus on finding support and resistance, as it is possible to find support and resistance points by analyzing the shape of the chart in order to create a trading strategy.
As mentioned above, all you need for chart analysis is the shape of the candlestick and the concept of the moving average line.
Therefore, if this concept is in place, all the indicators shown in this chart are unnecessary.
However, chart analysis can take a long time, and it is recommended to use indicators that are basically reliable even in order to reduce psychological agitation caused by whipsaw-like volatility.
Descriptions of the MS-Signal indicator have been published several times.
Therefore, after candlesticks and moving averages, the indicator that must be familiar to the eye is the MS-Signal indicator.
This is because I think there is no better indicator than the MS-Signal indicator to find out the trend of the chart.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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MS Morgan Stanley Options Ahead of EarningsAnalyzing the options chain of MS Morgan Stanley prior to the earnings report this week,
I would consider purchasing the 90usd strike price Calls with
an expiration date of 2023-8-18,
for a premium of approximately $0.82.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
Morgan Stanley has formed inverted head and shoulders.Morgan Stanley - 30d expiry - We look to Buy at 83.75 (stop at 80.75)
Bespoke support is located at 83.00.
A bullish reverse Head and Shoulders has formed.
Further upside is expected although we prefer to set longs at our bespoke support levels at 83.00, resulting in improved risk/reward.
We look to buy dips.
A lower correction is expected.
Our profit targets will be 91.25 and 92.75
Resistance: 87.70 / 88.70 / 89.65
Support: 85.60 / 83.00 / 81.50
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
MS - large wave C down just startedHere is a long-term view on the banking sector in US. I see Feb'22 peak as completion of large B-wave of flat correction, C-wave of which might take couple of decades before it finishes. So far it has printed wave 1 of circle wave 1 and started wave 1 of 3 (tag is not on the chart). Expect to see some downside action until mid-May to complete 5 of 1 of 3, then up in wave 2 of 3 into mid-June, then sharp move down in wave 3 of 3 into Oct-Nov'23 (target is 40% lower from the current level of 87), wave 4 into mid-2024 then another move down to complete wave 5 (target is 45 zone) of circle wave 1 sometime by mid 2025. See similar set up in BAC (will post it separately) though looks like it is leading in this action.
Morgan Stanley descending. MSElliott flat, Gartley 222, Three drives, now past confirmation level. Fairly confident about this one going lower, much lower infact. Apex reaction may indicate end of Wave 5, but there is no way to tell here and now.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
Will Morgan Stanley Bank continue in selloff?Morgan Stanley - 30d expiry - We look to Sell a break of 83.18 (stop at 86.32)
Short term bias has turned negative.
There is no indication that the selloff is coming to an end.
This stock fell 6.5 % last week.
A break of the recent low at 83.28 should result in a further move lower.
Short term MACD has turned negative.
Our profit targets will be 75.33 and 73.33
Resistance: 89.18 / 92.00 / 93.50
Support: 87.00 / 83.28 / 81.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
MS - Short PositionOn the chart we can see the raising wedge pattern. It seems that the wedge is in its early stage of development.
We are expecting that the price will be consolidating inside the wedge for a while, before the breakout.
RSI currently is showing oversold conditions, therefore we believe that the price will bounce from the upsloping support.
We would enter the short position when (only if ) the price breaks down of the wedge.
Possible path is shown on the chart.
The target will be determined once the breakout occurs.
Good luck
How to interpret charts from indicators (trading strategy)Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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Please understand that the 'Vol & Trend' and 'Strength' sub-indicators are a synthesis of existing indicators, and cannot be disclosed because they have been judged to be unsuitable for publishing as public scripts.
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It is not easy to see and interpret all the indicators displayed on the chart.
Therefore, it should be viewed and interpreted as the most critical interpretation method.
The first thing to look at is the position of the MS-Signal (M-Signal on the 1D chart), HA-Low, HA-High, M-Signal indicators on the 1W and 1M charts.
The most important of these is the location of the MS-Signal (M-Signal on the 1D chart) indicator and price.
The price is currently located below the MS-Signal indicator, indicating a downtrend.
To add one more thing to this, you can also check the relationship with the M-Signal indicator on the 1W and 1M charts.
Since the price is located below the M-Signal indicator on the 1W chart and 1M chart, it can be interpreted as a downtrend from a mid- to long-term perspective.
Therefore, you can see that the chart as a whole is starting to enter a downtrend.
In order to trade in this situation, you need to check the location of the HA-Low and HA-High indicators.
Currently, the HA-Low indicator is rising and is about to be created.
Therefore, if today's candlestick closes around now, we would expect the HA-Low indicator to form at 21552.44.
Therefore, it becomes important whether it can rise above 21552.44.
Since the M-Signal indicator on the 1W chart is passing around 21552.44, whether it can rise above 21552.44 has become an important question.
If the HA-Low indicator is created at 21552.44 and fails to rise above 21552.44, there is a possibility of renewing the previous low, so you need to think about countermeasures.
If support is received at the 21552.44 point, it is likely to touch the vicinity of the MS-signal (M-Signal on the 1D chart) indicator.
At this time, if you succeed in breaking through the MS-signal (M-Signal on the 1D chart) indicator, the possibility of rising to the vicinity of the HA-High indicator increases.
When the candle is formed today, the body of Heikin Ashi is showing a bullish sign.
Therefore, even if the price fails to rise, if the price remains above the Heikin Ashi body, it can be interpreted that there is a high probability of a rise around 21552.44.
At this time, you need to check whether it is supported or resisted at the point 21552.44.
As such, indicators on price charts represent trends and support and resistance roles, making it the most intuitive way to anticipate future movements.
To support this, 'Vol & Trend' and 'Strength' auxiliary indicators are utilized.
This auxiliary indicator strengthens the interpretation of the price chart indicators by providing additional evidence when the movements of the price chart indicators are judged ambiguous.
The 'Vol & Trend' sub-indicator is an indicator related to trading volume.
Therefore, you can check the buy strength and sell strength according to the movement of trading volume.
You can also check whether the volume is trending up or down.
The 'Strength' sub-indicator consists of the Stoch, StochRSI, RSI and CCI indicators.
The most important of these are the StochRSI indicator and the RSI indicator.
The RSI indicator is an indicator that is related to the HA-Low and HA-High indicators.
Therefore, it is not directly interpretable.
However, it is paired with the Stoch indicator and used as a basis for determining an upward trend or a downward trend.
It is currently looking to switch from a downtrend to an uptrend.
The StochRSI indicator is used to predict periods of volatility.
In addition, it is used as a basis for determining whether the trend will change to an uptrend or a downtrend in the future due to the change in the wave.
The current downtrend has turned to an uptrend, and it appears to be coming out of the oversold zone.
The CCI indicator is used as a basis for judging whether there is an upward trend or a downward trend.
However, it shows a trend that is more than short-term.
All of these indicators are scored as uptrend, stationary, and downtrend to make an overall judgment.
'Vol & Trend' indicator
Stationary : 1
Downtrend: 1
'Strength' indicator
Uptrend: 1
Matching: 2
Downtrend: 1
It is a situation where the basis for judgment of the sub-indicators is not needed, as all indicators that are near the current price chart are located below the price.
If it starts to show stationary or sideways movements near the price chart, then with the help of the indicators, you will be able to use it as a basis for judgment.
Someone said it's a chart with all the indicators, yes, that's right.
However, it is not always possible to see all indicators.
You only need to report it when necessary and use it as a basis for judgment.
We do not think of additional interpretation methods for each indicator other than the interpretation methods described above.
You should pay attention to this.
By combining support and resistance points here, you can create a trading strategy.
No matter how you analyze the chart, analysis ends its role with analysis.
To trade, you need to create a trading strategy based on chart analysis and correlation with support and resistance points so you can start trading.
However, when it comes to most chart analysis, there is a tendency to ignore trading strategies.
If you ignore your trading strategy, you will most likely not be able to find the right way to respond if the movement comes out in the opposite direction you thought.
Therefore, both chart analysis and trading strategy are important, but you need to do chart analysis to create a trading strategy.
If you forget about this and invest all your time and effort into chart analysis, you will end up with a higher chance of failing trades when you run out of time to craft your trading strategy right.
Therefore, chart analysis should be completed in the quickest way to give you plenty of time to create your trading strategy.
To do so, it is urgently necessary to make efforts to predict movements beyond the current one, rather than looking at the charts based on past movements and past patterns.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
Why you should only think about charts when looking at chartsHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day.
-------------------------------------
When looking at the investment market, the first thing to do is to analyze the chart, and I wanted to say that the most important thing is how to create a trading strategy that suits your investment style with that chart.
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Most people try to predict the movement of the investment market by looking at the announcement of various economic indicators and the contents of global issues (war, corona, etc.).
A big issue must be something that can cause great volatility in the investment market, but it is also clear that when such an issue accumulates, it can no longer create volatility.
So, you should be careful that trying to predict the movement of the investment market with such issues can make a wrong prediction.
Sudden big issues For example, in the case of a global shock due to an issue such as the 9/11 terrorist attack, it may cause great volatility without time to respond.
Other than these issues, most of the chart's price movement will react first.
In order to see this pre-reflection in advance, you need to look at the chart without reflecting factors that can change your psychological state, such as the announcement of various economic indicators or global issues.
I don't think this kind of work is a big deal, but it is a very important factor that occupies a fairly important part of investing.
We need to think a lot about how to figure out the trend only with the movement of the chart, away from the announcement of various economic indicators and thoughts about global issues.
As it rises above the indicator called Low, which was created on June 19, 2022, we can see that it is splitting the flow of the chart in half.
A change in the -100 indicator has always completed a low.
Although it is currently showing a different look than before, it will form a low as long as the -100 indicator is created.
The +100 indicator is an indicator that starts generating when a high is formed.
Therefore, a rise above the +100 indicator means that the uptrend to break the high is likely.
Therefore, in order to show a full-fledged uptrend from the current price position, it must rise above 38K.
The high point has been holding for a long time now.
However, the low point has not yet formed a clear point due to the change of the -100 indicator.
However, as the -100 point is moved near the current price range, the possibility of forming a low is very high.
This shows that we are facing a new trend.
Keeping the price above 17941.69 is most important from a short-term perspective to create this new trend.
The next most important thing is to keep the price above 20552.75.
Then, it completes the appearance of a trough (a phenomenon in which the price drops more before making a bigger rise) before showing an uptrend.
The StochRSI indicator is showing a fairly rapid decline.
We will verify what we said above by looking at where the Stoch RSI indicator finds support and resistance when it turns upside down.
This change in support and resistance points can tell you which direction the movement of the current chart is about to head.
You may think my explanation is inconclusive, but the conclusion has already been drawn.
We live in a flood of information.
It is quite difficult to infer an objective conclusion by synthesizing such a large amount of information.
Therefore, it is necessary to objectify all information using objectified tools and indicators.
Many celebrities' chart analysis methods and trading methods are introduced on the Internet or in books.
In order to make the contents of these people my own, it can only be acquired through numerous transactions and numerous experiences.
Over time, trends change and all patterns change and evolve.
In order to read the chart in line with these changes, I think it is better to use a simpler and faster way to analyze.
This is because you can keep up with the ever-changing trends.
It is more important to make your own mental state stable due to volatility by investing more time in the trading strategy than the time used for analysis.
What do you guys think?
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at ().
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
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Morgan Stanley Loosing. MSEnd of an upgoing impulse confirmed, initiating a new downward ABC pattern.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.