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<TradeVSA> Weakness Turned To Strength? 6 Aug 20191. FTSE Bursa Malaysia KLCI 2. FTSE Bursa Malaysia Small Cap 3. Inari 4. Globetronics 5. Naim 6. Tiong Nam 7. Genting Malaysia 8. MSM 9. Pecca 10. RedTone 11. Sarawak Consolidated 12. Salutica 13. Aemulus 14. Pos Malaysia 15. KNM 16. Ikhmas 17. WZ Satu 18. Reach 19. Sealink 20. YNH Property 21. Green Packet 22. Success 23. Dayang 24. FrontKen Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
MYX:FRONTKNEducation
by MartinTFWong
1
EG short?EG SHORT 01/July/19 My analysis is based 90% on Technicals (TA) and 10% fundamentals. it's adamant to understand that both parties are in the losing position in regards to the geopolitical turmoil happening inside the EU council and UK parliament, both are losing out. Fundamentally concluding that this pair can swing both ways impulsively, as history dictates. TA #EURGBP - daily chart: the price is currently at a descending channels resistance level at 0.89740 (the channel formed since the highest price in August 2017 @0.92470) RSI showing weakening momentum and also showing signs of divergence (signifies reversal may be due) Since the impulsive drop from Dec 2018 to the current support level, at the lowest yearly price 0.83521, EURO has been regaining its strength. It looks like it’s due for correction following the rise, AND it’s already made its bearish move with a DAILY ENGULFING candlestick. BUT, on weekly it’s not clear that the bears have started taking control, we are seeing a bearish evening star, however, weekly bearish price action is needed to confirm. Based on Daily we can speculate a devaluation of EUR in favour of GBP. EURGBP DOWN SCENARIO: Short at current price 0.89310 SL 0.9000 just below yearly resistance (retested 4 times) to let room for the trade to ‘breathe’ TP1 (mirror level) 0.88440 TP2 (support/resistance FLIP ZONE) 0.87010 OR Wait for price to break below hourly resistance 0.89290, with either ENGULFING or other price action, and get in on the retest OR Sometimes we can only plan so much, the market moves where it wants to move, so an alternate scenario would be LONG EG if bullish engulfing candle breaks the current daily resistance (doubtful). Get in on the retest TARGET: min 150 pips up to 500 pips ESTIMATED TIME: 7-30days Do you agree? Let's discuss :D Goodluck IDEA IS SOLEY FOR EDUCATION AND RECORD KEEPING (USE AT OWN DISCRETION)
Education
by Suz_A4002
Charts Gives you Sign, Read The Price Action! The Art of technical analysis is Simple: 1) Take a Clean Chart 2) Look For major Trend in Daily Chart. 3) Zoom into H4 for any counter trend, In case of EURNZD I spotted Post rejection of 61.8% Fib level 4) Eventually Price broke the Counter trend line (here where 90% retail trader starts selling) No Be patient Let the price show you confluences. 5) Price pulls back up and retest its former Support/Resistance, trendline (incase of EURNZD it pulled back up and retested trendline and rejected) Still be patient as we dont have much confluences. 6) Finally I had a 4H bearish engulfing candle close giving 2nd confluence that the bearish major trend of daily chart will prevail. Price just came up to 61.8 Fib level to make a LOWER HIGH (LH) 7) Now after having 3 Confluences (Trendline Break, Trendline Retest & Rejection, Bearish Engulfing) I took a sell @ 1.6911 with Stoploss right above previous 3 candles @ 1.6955 8) Price came down and broke keylevel zone (as from point #6 on chart we see it came back at the top of keyzone and pulls back down with a nice bearish engulfing) Holding Positions Patience! 9) Nice +80 Pips, Here we need to apply exiting strategies (Close your 50% position and book profits) & put stoploss at breakeven) trade is safe now Let it RUN. FX:EURNZD
Education
by Keashif
How to: "Auto-Trendline Strategy"RULES: -----------------Auto-Trendline Strategy ------------------------ For LONGS: 1- 3 Green squares on the Trend meter (Oscillators) 2- Green Trend line price Break 3 - Price above 10 EMA 4- Watch for support/resistance Gap in between. 5- Open 1:1 Risk reward ratio Long based on the largest wick of last 8 candles. For SHORTS: 1- 3 Red squares on the Trend meter (Oscillators) 2- Red Trend line price Break 3 - Price below 10 EMA 4- Watch for support/resistance Gap in between. 5- Open 1:1 Risk reward ratio short based on the largest wick of last 8 candles. In our case rule 1,2 and 3 are coded in the triangles so you only need 2 indicators (Auto-trendline strategy) (Support/Resistance zones) You only need to follow rule 4 and 5. DO NOT WAIT FOR FULL TP, THIS IS A SCALPING STRATEGY DONT GET GREEDY when alt season begins this strategy is gonna be golden =) enjoy
COINBASE:BTCUSDEducation
by AndresVasconez
56
AUDNZD long?Kept my eye closely on this pair since last year since the price was creeping towards it’s LOWEST levels. Managed to catch ALL the moves over the space of 3-6months Flash crash at the start of the year, leading to the divergence with an impulsive move to zone (1.070), which is our TP. Since then, it’s following a descending channel (flag) which is a continuation price action pattern. \u2028A bullish wave is expected from resistance turned support @ mirror level 1.4150, which is where our SL will be set. Trade invalidated if it breaks this zone. SCENARIO: SL: 1.4150 TP1: 1.070 TP2: OPEN TARGET: 130 - 500 pips ESTIMATED TIME: 7-25 days
Education
by Suz_A4002
Harmony in BNB Harmonic waves analysis with some market pattern recognition and range structure. I will add fundamentals a bit later for everyone on recent news. Blue boxes are where I would seek buy opportunities. $35 seems to be a floor on the hourly. Please observe all touch points and read on how harmonics play a role at major price action points that cause reversals (think of it as tug of war or a train station going from one station to the next picking up people). Zoom out and manipulate the chart and you will see how harmonics are creating a butterfly effect.
BINANCE:BNBUSDEducation
by AschraM
The Advantages of Technical Analysis (Price Action)Technical Analysis (AKA Price Action) Technical analysis is the understanding and observing of markets through the only thing that matters; price. Prices generate similar patterns over time, in every market. A single price chart contains more information than you would ever imagine at first glance. Everything you need to know about any company, or market is on the chart in front of you. The current price is what the true value of the market is, regardless of news, indicators, or anything else. The Advantages of Technical Analysis (Price Action) No News - Everything you need to know is on the chart in front of you. Completely disregard all news and outside information. All news is already built into the current price. The price action of the market is all you need to know. Once you understand how institutions operate, you can follow them. No indicators . All indicators are a derivative of price. For example a Fibonacci level. Every price on a chart is a Fibonacci level of some other price on the chart. Although they appear to work, these levels do not work because of Fibonacci. But instead due to the traders equation, which is the mathematical formula institutions use to enter and manage trades. Clearly define support and resistance. You can see on a chart where prices are likely to do something. These are "Key entry points" or "Buy and Sell Zones." Clearly define risk and edge. With technical trading, you have the ability to define your risk before getting into a trade. If the market does not do what you expected, and instead goes beyond your stop, you exit. Without needing to wonder about why this happened, or constantly observing the news. Identify the strongest markets without relying on outside information like news, indicators, someone else, or a "tip." Become independent and trade for your self. If you found this helpul please like! Feel free to comment or ask questions.
COINBASE:BTCUSDEducation
by tradersmentality
AUDUSD - How i traded it into the FED Rate and managed my risk.Hello All I thought i would post a video of how i completed my analysis and entered 6 trades in total for AUDUSD. All with different lot sizes dependant on approach and also how I managed my risk going into the FED news, and how with 6 trades triggering at different times (risking 1% of my capital for each trade) - I only had 3% at risk at anyone time which I have now reduced to just 1.5%. Thanks for your time in watching my video, i hope you find it interesting. Duncanforex.com is coming in the next 10 days. If you want to, you can go to the website now and register your interest and also be eligible to obtain discount vouchers for the training course once the site is live. Thanks Duncan
Education
by UnknownUnicorn483829
Lets take a look at how an uptrend reverses!In every technical analysis book you read, they mention that an uptrend is a series of higher tops and higher bottoms. But in no book that I have read do they explain how to precisely identify a top or a bottom leaving the answer to realm of subjectivity. Identifying the correct tops and bottoms is an essential part of any method that uses price action pattern recognition like Avramis Swing Method. In this example, we will go through the minimum conditions for objectively defining the correct tops and bottoms, which are the foundations of what the rest of our price action pattern recognition method will be built on. The minimum requirement to identify a Top is to have at least 2 large red candles after price reaching a new high. The second condition is that the second large red candle must have a lower-low from the previous large red candle, and a lower high from the previous large red candle. Thirdly the two red candles, do not necessarily have to be consecutive as long as the previous conditions remain for size and lower high and lower low. The reverse applies when identifying bottoms. Using the SPX as an example as we see here, we have marked the Tops (T1-T4) and the bottoms (B1-B4). Once you have done this correctly identifying the trends and their reversals is very easy. The definition of an uptrend is HIGHER TOPS & HIGHER BOTTOMS As we see here, we have higher tops as T2 is higher than T3 and T4, and higher bottoms as B1 is higher than B2 and B3 and B4 showing a confirmed uptrend. Since an uptrend is more likely to continue than to reverse, the market is expected to a continue going up The creation of T1 however - top lower than the previous top destroys the sequence of higher tops. But the uptrend is not completely destroyed as long as we still have higher bottoms ie as long as prices remain above B1. The moment the price goes below B1, we will no longer have higher bottoms also, and the uptrend is completely destroyed Signalling a trend reversal to go short Same strategy is in play with our DAX shorts - see link to related Idea and our video guides in youtube for more information www.youtube.com
SP:SPXEducation
by Avramis
21
TradeVSA Market Update and Stock Review - 29 April 20191. FTSE Bursa Malaysia KLCI 2. FTSE Bursa Malaysia Small Cap 3. Inari 4. Ho Hup 5. Can-One 6. Tadmax 7. AirAsia 8. Scicom 9. CCK 10. CAB Cakaran 11. Komark 12. WTK 13. Jaks 14. FGV Send us your preference stock to review based on TradeVSA chart by comment at below. Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
MYX:FGVEducation
by MartinTFWong