How we have been trading EURUSD D1How we have been trading EURUSD D1 (Daily chart) with our indicators + hand-drawn trend lines.
After 10 years of R&D (we have been testing different indicators every day for a decade), we have developed our own Suite of 26 indicators. Here are just a few of them.
Indicators names (from top to bottom):
- Strength
Shows the strength of the market, the direction, pullbacks, equilibrium, and flats.
- Bear&Bull Powers
Shows the battle between the bears and the bulls.
- Angle
Indicates the direction and angle of the trend and the pullbacks.
- Template
Our main central indicator simplifying charts and bringing clarity.
- Steepness
Displays how steep the trend is and comments:
Going Up/Down | Trending | Strong/Weak | Pulling Back | Retracement | Flat | 75% Blue Background | ...
- Odds
11 indicators calculating the odds.
- Probability
75 indicators calculating the probabilities.
Probability
How we have been trading Bitcoin D1How we have been trading Bitcoin (Daily chart) with our indicators + hand-drawn trend lines.
After 10 years of R&D (we have been testing different indicators every day for a decade), we have developed our own Suite of 26 indicators. Here are just a few of them.
Indicators names (from top to bottom):
- Strength
Shows the strength of the market, the direction, pullbacks, equilibrium, and flats.
- Bear&Bull Powers
Shows the battle between the bears and the bulls.
- Angle
Indicates the direction and angle of the trend and the pullbacks.
- Template
Our main central indicator simplifying charts and bringing clarity.
- Steepness
Displays how steep the trend is and comments:
Going Up/Down | Trending | Strong/Weak | Pulling Back | Retracement | Flat | 75% Blue Background | ...
- Odds
11 indicators calculating the odds.
- Probability
75 indicators calculating the probabilities.
GRTUSDT - Overbought on 3D timeframePosting for own future reference
RSI is "sell" zone
Price above BB
If today closes red (5.5h remaining), then idea is confirmed.
Same for 3D BTC pair:
Targets: 0.13, 0.11, 0.09 - 0.08. I really don't see it going any lower.
The indicators say "short" but minimize leverage, as this coin has proven to be highly volatile.
GBPCHF - The BuyoutWe've witnessed GBPCHF hit its major resistance and create new high each time. This foreshadows an accumulation of buyers. Entering at such a position allows opportunity to capture a big reward with minimal risk.
-What I really expect soon is a major turnaround that last the entire trend, and of course that can only be achieved with a large volume of buyers. Stay put lets watch.
Probability for 12/12/22 No trades for me today. I'm waiting for what will happen. I need HH or LL to be formed above Sun or Mon opening candle .
Weekly candle - Bullish
Daily candle - Bullish
Common sense tells us to look for longs but if the price reaches Buyside liquidity then We can look for shorts.
What are your thoughts?
Long GCif we do a top down trend analysis we can see that now now we are in a correction in the higher time frame and we target the liquidity zone .
So we just need to look for a long entry in the lower time frames with a good RR . And to do that we need to identify the higher highs and higher lows and look to get in the high low to ride it until th eliquidity zone
Take Two For Buyzing ;)Hey trader, I hope you having a profitable week. If not, try this:
But first, let me explain how these trades will be triggered. If the price bullish breaks and retests he 4H Half a Bat Neckline and 1st 4H Key Lvl (1st and 2nd trade signals) after bouncing off the 50 and 8 MA’s; according to the 4 hour: the price will be in prep to rally for the half a bats 3 level trend together for the 200 MA; and according to the daily: the price would be bullish running above the double bottoms 2nd leg neckline and short-term MA’s - in prep to rally for the patterns neckline or accumulation phase, so once that happens, then you should BUY → E.1 & E.2
That's it for today. I hope you found value in this article. If you have a different concept in mind, feel free to share it in the comments section (below), I'd love to know your thoughts!
Stay Blessed Baby,
Sphatrades.
Two loss today trading GBPUSD 1H London session- RealtyThe Reality of Trading..
Welcome to the last trading day of the week. Still testing the new methodology of trading An hour everyday. Its a intriguing experience so far & I'm enjoying it. We tool two loss today while trading our method and its part of the game.
Result so far!
1st week- -5r
2nd week- -2r
-4r
BTCUSD, ETHUSD, and XRPUSD ForecastsThe major crypto currencies are counter-trending on the monthly and weekly time frames, forming the monthly double top accumulation phase on all currencies. The weekly on all currencies is forming a double bottom pattern that's facing the monthly target and that has its price running in between the short-term m.a's (which dis-confirmed the bearish trend we've been in for months). And, the daily is guiding the weekly's price to full form its pattern.
BTCUSD Daily Chart
The price will bullish rally to the Monthly Neckline 3 probably after it has bearish bounced off the 4H Neckline/ Daily Half a Bat Neckline, 50 and bullish crossed short-term moving averages with a bullish reversal candle or pattern that leads the price to bullish break and retest the Mini Weekly Neckline. If the price doesn't bounce off the key levels and instead bearish break and retests them, that will dis-confirm the bullish bias.
ETHUSD Daily Chart
The price will bullish rally for the head and shoulders 3 level trend (that will likely end on the 2nd Monthly Key Lvl) probably after it has bearish bounced off the Monthly Neckline 3 and 8 moving average with a bullish reversal candle pattern that's followed by a bullish break an retest of the 3rd Daily key Lvl. If the price doesn't behave in that way and instead bearish break and retest the key levels, that will dis-confirm our bias.
XRPUSD Daily Chart
The price will bullish rally for the current half a bats last 2 levels probably after it has bearish bounced off (or not) the 1st 4H Key Lvl, 50 and 8 moving averages with a bullish reversal candle that's followed by a bullish break and retest of the Daily Neckline 3. If the price doesn't behave in that way and instead bearish break and retest the key levels, that will dis-confirm our bias.
That's it for today. I hope you found value in this article. If you have a different concept in mind, feel free to share it in the comments section, I'd love to know your thoughts!
Stay Blessed,
Sphatrades.
AUDUSD Is About To Drop!The monthly price is in a bearish reversal candle pattern formation that is bouncing off the huge bearish head and shoulder patterns neckline, ascending trend line of the symmetrical triangle, and bearish crossed short term moving averages, giving us a signal that I call an H&S B-E.1. Usually, when this signal pops-up, a 2 level drop occurs that will end in any previous key level target. In this situation, the trend might end on the 2nd Monthly Key Lvl.
Although the bearish signal seems to be strong, it might not occur. The price will reject it once it has bounced off the 7th Monthly Key Lvl to bullish breaking and retesting the Monthly H&S/Half a Bat Neckline, ascending trend line, together with the 8 (dark blue) moving average. If the price does that we will be expecting a bullish uptrend to the Monthly Neckline 2, descending trend line, 21 and 50 (red and light blue) moving averages.
Moving down to the weekly, we also have 2 possible scenarios that will confirm and dis-confirm the weekly and monthly biases.
Bulls: -If the weekly price bullish breaks and closes above the Mini Weekly H&S Neckline and 8 moving average, that will dis-confirm both trades and the price will be in preparation to rally to the Monthly H&S Neckline, ascending trend line, and 21 moving average to dis-confirm the monthly's bias also. So the weekly's dis-confirm will likely lead to the monthly's one.
Bears: -If the price bearish closes and retests the Mini Weekly H&S Neckline on the daily time frame (see the chart below) that will trigger the 1st trade signal. If the price drops to bearish break and retest the 8th Monthly Key Lvl after the 1st trade signal, that will trigger our 2nd trade signal. Both of these trades will fully confirm weekly and monthly's bias of the long-term drop.
As I stated above, the first trade will be confirmed on the daily; lets see how that will happen:
The weekly's bearish head and shoulder pattern is fully visible here on the daily as a big pattern. Its price is current running below the neckline that hasn't been retested since it broke it. This makes the patterns signal not fully valid. Furthermore, we the bearish crossed short-term moving averages that don't retests made on them. This makes both the moving averages and market maker pattern signal not fully confirmed. With that said, if the price closes below the signal key levels and proceeds to bullish bounce off or retest the Mini Weekly H&S Neckline together with the short-term moving averages with a bearish reversal candle pattern close (made by the accumulation phase), that will fully confirm the daily, weekly, and monthly signals.
That's it for today. I hope you found value in this trade idea. If you have a different concept in mind, feel free to share it in the comments section or through a direct message (your choice), I'd love to know your thoughts!
Stay Blessed,
Sphatrades.
BTCUSD Aug W.4: Long-term trend alert!Hi friends, I hope the week is unfolding for y'all as planned ;)
Today, we've got another possible long-term trade signal. These trades signals are only derived from this timeframe (Weekly). The monthly doesn't fully support them, and that makes the trades highly risky. I feel like the price won't drop to the last target. I think it will reverse on the 3rd Weekly Key Lvl to form the monthly's double top accumulation phase that will either retest the Monthly Neckline 2, ascending trend line, together with the 50 and bearish crossed short-term moving averages to fully confirm the bearish signal or break the key levels to trigger a bullish long-term trend signal. This is what I'm talking about:
Furthermore, as you can see on the chart, the price might continue to drop to the Monthly Support after bearish breaking and retesting the 2nd Monthly Key Lvl. That will half confirm the weekly's signals. Speaking about the weekly, let us take a look at how the bulls and bears might behave in triggering our trades and disconfirming them before or during the trade.
Bulls: -If the price bullish breaks and retests the Mini Weekly Neckline and 8 moving average, that will be our first dis-confirmation. It will likely lead the price to rally for the 2nd Weekly Key Lvl and 21 moving average for our 2nd disconfirmation. We will exploit that trend because it will be the monthly's counter-trend signal that will be anticipating the Monthly Neckline 2, ascending trend line, together with the 50 and bearish crossed short-term moving averages that expect retests.
Bears: -If the price bullish spikes or retests the Mini Weekly Neckline and the 8 moving average with a bearish candle formation or close (1st trade signal) that leads the price to bearish break and retest the 1st Monthly Key Lvl either on the current or lower time frame (2nd trade signal), that will fully confirm our trades and I call or grade these type of trades a "H&S C-E.1 signal".
That's it for today. I hope you found value in this trade idea. If you have a different concept in mind, feel free to share it in the comments section or in private, I'd love to know your thoughts!
Stay Blessed,
Sphatrades.
GOLD Aug W.4: Long-term trend alert!Hi friends, I hope y'all had a fantastic weekend, and are ready to tackle this week strong ;)
Today, we're looking at a possible long-term drop on this baby. These trades are derived from both the weekly and monthly. Starting with the monthly, the price is in the huge double tops 2nd leg formation that is bouncing off the bullish crossed short-term moving averages with a bearish shooting start candle pattern, triggering what I call a "Double Top A-E.1 signal".
The weekly, on the other hand, is currently bearish running in the double tops L2 and below the 50 moving average and bearish crossed short-term moving averages (8 and 21), triggering what I call a "Double Top A-E.1 signal", but it hasn't fully confirmed. Let us take a look at how this signal and its trades will trigger, and how it won't fully confirm our bias.
Bulls: -If the price bullish rallies to break and retest the 2nd Weekly Key Lvl and 8 m.a, that will dis-confirm both the weekly and monthly signals, and the price would be in prep to form a bullish reversal pattern that will be followed by a bullish trend.
Bears: -If the price bullish spikes or retests the Weekly Neckline 3 or 2nd Weekly Key Lvl and 8 m.a with a bearish candle pattern or reversal candle pattern formation/close (1st trade signal) that leads the price to bearish break and retest the Mini Daily Half a Bat Neckline (2nd trade signal), that will confirm our bias and the price will drop for this timeframes double top L3 and the monthly's double top accumulation phase.
That's it for today. I hope you found value in this trade idea. If you have a different concept in mind, feel free to share it in the comments section, I'd love to know you thoughts!
Stay Blessed.
EURGBP Aug W.2: Long-term trend alert!Hi friends, I hope y'all having a profitable week ;)
Today, we're looking at a possible long-term trend that has a potential to reward us with +8%. These trade signals are derived from both the monthly and weekly. The monthly price is currently running in the bearish half a bats L1 that has last months price closed with a bearish reversal candle pattern that was followed by the current candle that is retesting the 3rd weekly key level and bearish crossed short-term m.a's to fully confirm the patterns 2 level trend. The weekly, on the other hand, has formed a bearish H&S pattern (that confirms the monthly's previous bearish reversal candle close) that has its price running in its accumulation phase above the neckline after it bounced off the 50 and bearish crossed short-term m.a's, signaling an upcoming 3 level trend. So, the monthly and weekly confirm each other for the drop, however, things can go south, meaning, the drop might not occur. With that said, let us see how the price will prove us right and wrong.
Bulls: -If the price bearish bounces off the Weekly H&S Neckline with a bullish reversal candle pattern that leads it to bullish rally to break and retest the 3rd Weekly Key Lvl/Weekly Neckline 3 together with the 50 and bullish crossed short-term m.a's, the price would've formed a bullish reversal pattern (probably a double bottom) that will dis-confirm our trades (proving use wrong).
Bears: -If the price bearish breaks and retest the Weekly H&S Neckline (1st trade signal) then continues to drop to break and retest the 4th Weekly Key Lvl (2nd trade signal), that will trigger what I call an "H&S A-E.3 signal" that fully confirms our trades anticipated 3 level trend (proving us right).
That's it for today. I hope you found value in this trade idea. If you have a different concept in mind, feel free to share it in the comments section, I'd love to know your thoughts!
Stay Blessed,
Spha Thwala.