Range trading: Cryptocurrencies as for 26/01/2021
Here we publish signals of the indicator called “ Ranger ”. It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with certain probability.
BTCUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 29578
Long position 2
(The price today will not fall below this mark with a probability 95%) 27812
Long position 3
(The price today will not fall below this mark with a probability 99%) 26047
Short position 1
(The price today will not rise above this mark with a probability of 68%) 34719
Short position 2
(The price today will not rise above this mark with a probability of 95%) 36484
Short position 3
(The price today will not rise above this mark with a probability of 99%) 38250
ETHUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1220.79
Long position 2
(The price today will not fall below this mark with a probability 95%) 1152.34
Long position 3
(The price today will not fall below this mark with a probability 99%) 1083.89
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1451.23
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1519.68
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1588.13
XRPUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 0.2371
Long position 2
(The price today will not fall below this mark with a probability 95%) 0.2103
Long position 3
(The price today will not fall below this mark with a probability 99%) 0.1835
Short position 1
(The price today will not rise above this mark with a probability of 68%) 0.2962
Short position 2
(The price today will not rise above this mark with a probability of 95%) 0.3230
Short position 3
(The price today will not rise above this mark with a probability of 99%) 0.3498
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. About mentioned probabilities are not 100% and do not guarantee risk-free trading
Rangetrading
CHFJPY 1D RANGE TRADINGRanges are repeatable trading chart patterns.
Ranges are consolidation chart patterns that can breakout either direction.
Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern.
What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the breakout candle. (Our time frame preference is the Daily chart).
Add volume indicator - Volume is the amount of $ that went into a particular candle or in Forex the # of trades that took place.
Add ATR indicator - Volatility is the amount of price movement that occurred. Use the ATR to measure the price movement.
When you see descending Volume bars and descending ATR line (which indicates volatility) this shows
a dis-interest in traders to invest in this pair creating consolidation which creates the chart pattern.
Trade Management after there is a breakout candle close.
1 - Position size (compare volume bar to volume ma line).
a - Breakout candle must be 100% of volume average for a full position size.
b - If 75% of volume average then ½ position size. (To find 75% of Volume
look at the charts volume settings – divide smaller # into larger # = 75%+)
If not 75% then stand aside from the trade.
2 – If candle breaks out of a trendline, 15m before the close of the day prepare your buy/sell order.
Enter two trades. 1st trade will have a SL & TP. It will close automatically when the 1st TP is hit. 2nd
trade only has a SL and will be allowed to run. When 1st TP is hit move the SL to breakeven. Look
at ATR and prepare SL at 1.5 of ATR. Prepare 1st trade TP at 1 of ATR.
3 - SL for both trades will be 1.5 x ATR.
4 - 1st trade TP will be 1 x ATR.
5 - No TP on 2nd trade – letting profit run and adjusting SL to follow price.
6 - When 1st TP hit – move 2nd trade SL to breakeven.
7 - Adjust the 2nd trade SL to follow price.
*8 – After Breakout candle – if price closes back into chart pattern close trade don't wait for SL to be hit.
*9 - When breakout candle is more than 1 ATR from breakout candle open.
a - Enter 1st trade at candle close with ½ position size.
b - Enter 2nd trade with a pending limit order that is 1 ATR of breakout candle open.
c – Price should pullback to that pending limit order for 2nd trade.
d – If Price returns back into chart pattern close trade before SL is hit.
CADJPY on a double top? 🦐CADJPY tested twice the weekly resistance area.
The price, which is moving between 2 structures in a range, after the last rejection created a minor ascending channel.
According to Plancton's strategy, if the conditions will be satisfied we can set a nice short order.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Range trading: Forex as for 25/01/2021
Here we publish signals of the indicator called “ Ranger ”. It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with certain probability.
EURUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.2114
Long position 2
(The price today will not fall below this mark with a probability 95%) 1.2094
Long position 3
(The price today will not fall below this mark with a probability 99%) 1.2074
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.2227
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.2247
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.2267
GBPUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.3610
Long position 2
(The price today will not fall below this mark with a probability 95%) 1.3579
Long position 3
(The price today will not fall below this mark with a probability 99%) 1.3549
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.3775
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.3806
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.3836
USDJPY
Long position 1
(The price today will not fall below this mark with a probability of 68%) 103.43
Long position 2
(The price today will not fall below this mark with a probability 95%) 103.24
Long position 3
(The price today will not fall below this mark with a probability 99%) 103.05
Short position 1
(The price today will not rise above this mark with a probability of 68%) 104.15
Short position 2
(The price today will not rise above this mark with a probability of 95%) 104.33
Short position 3
(The price today will not rise above this mark with a probability of 99%) 104.52
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. About mentioned probabilities are not 100% and do not guarantee risk-free trading
Range trading: Cryptocurrencies as for 25/01/2021Here we publish signals of the indicator called “ Ranger ”. It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with certain probability.
BTCUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 30464
Long position 2
(The price today will not fall below this mark with a probability 95%) 28725
Long position 3
(The price today will not fall below this mark with a probability 99%) 26987
Short position 1
(The price today will not rise above this mark with a probability of 68%) 35537
Short position 2
(The price today will not rise above this mark with a probability of 95%) 37275
Short position 3
(The price today will not rise above this mark with a probability of 99%) 39014
ETHUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1320.89
Long position 2
(The price today will not fall below this mark with a probability 95%) 1252.95
Long position 3
(The price today will not fall below this mark with a probability 99%) 1185.02
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1540.56
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1608.50
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1676.43
XRPUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 0.2463
Long position 2
(The price today will not fall below this mark with a probability 95%) 0.2198
Long position 3
(The price today will not fall below this mark with a probability 99%) 0.1933
Short position 1
(The price today will not rise above this mark with a probability of 68%) 0.3089
Short position 2
(The price today will not rise above this mark with a probability of 95%) 0.3354
Short position 3
(The price today will not rise above this mark with a probability of 99%) 0.3619
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. About mentioned probabilities are not 100% and do not guarantee risk-free trading
Will litecoin finally make an advance?I have been posting on litecoin holding support for the entire month. Price enters the support zone, bounces, then seems to re-enter a week later. Is the third time a charm?
The price action has looked very similar to bitcoin... Not sure is that's good or bad but both are bullish trend still so until that changes my bias still remains bullish. Maybe the most recent trendline break will mark a bigger turn upward.
Anyone have any ideas for the range/consolidation behavior?
Range trading: Cryptocurrencies as for 23/01/2021Here we publish signals of the indicator called “ Ranger ”. It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with certain probability.
BTCUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 29440
Long position 2
(The price today will not fall below this mark with a probability 95%) 27710
Long position 3
(The price today will not fall below this mark with a probability 99%) 25980
Short position 1
(The price today will not rise above this mark with a probability of 68%) 35642
Short position 2
(The price today will not rise above this mark with a probability of 95%) 37372
Short position 3
(The price today will not rise above this mark with a probability of 99%) 39103
ETHUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1093.57
Long position 2
(The price today will not fall below this mark with a probability 95%) 1021.52
Long position 3
(The price today will not fall below this mark with a probability 99%) 949.46
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1364.57
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1436.62
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1508.68
XRPUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 0.2432
Long position 2
(The price today will not fall below this mark with a probability 95%) 0.2183
Long position 3
(The price today will not fall below this mark with a probability 99%) 0.1933
Short position 1
(The price today will not rise above this mark with a probability of 68%) 0.3114
Short position 2
(The price today will not rise above this mark with a probability of 95%) 0.3363
Short position 3
(The price today will not rise above this mark with a probability of 99%) 0.3613
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. About mentioned probabilities are not 100% and do not guarantee risk-free trading
GBPUSD: Trading in the RangeGBPUSD is trading within the range and has broken into the area of value where it could retest the upper resistance zone (1.479). If it fails, we could expect it to consolidate in the area of value (1.479 - 1.352) or perhaps fall back below the lower resistance zone (1.352)
Trading RangeRed lines are resistance lines and green lines are support lines. A trading range occurs when a security trades between consistent high and low prices for a period of time. The top of a security’s trading range often provides price resistance, while the bottom of the trading range typically offers price support.
A wedge occurs in trading technical analysis when trend lines drawn above and below a price series chart converge into an arrow shape.
Range trading: Forex as for 22/01/2021
Here we publish signals of the indicator called “ Ranger ”. It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with certain probability.
EURUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.2108
Long position 2
(The price today will not fall below this mark with a probability 95%) 1.2087
Long position 3
(The price today will not fall below this mark with a probability 99%) 1.2067
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.2230
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.2251
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.2272
GBPUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.3631
Long position 2
(The price today will not fall below this mark with a probability 95%) 1.3598
Long position 3
(The price today will not fall below this mark with a probability 99%) 1.3565
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.3809
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.3842
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.3875
USDJPY
Long position 1
(The price today will not fall below this mark with a probability of 68%) 103.15
Long position 2
(The price today will not fall below this mark with a probability 95%) 102.95
Long position 3
(The price today will not fall below this mark with a probability 99%) 102.75
Short position 1
(The price today will not rise above this mark with a probability of 68%) 103.93
Short position 2
(The price today will not rise above this mark with a probability of 95%) 104.13
Short position 3
(The price today will not rise above this mark with a probability of 99%) 104.32
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. About mentioned probabilities are not 100% and do not guarantee risk-free trading
Range trading: Cryptocurrencies as for 22/01/2021Here we publish signals of the indicator called “ Ranger ”. It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with certain probability.
BTCUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 28276
Long position 2
(The price today will not fall below this mark with a probability 95%) 26674
Long position 3
(The price today will not fall below this mark with a probability 99%) 25072
Short position 1
(The price today will not rise above this mark with a probability of 68%) 32443
Short position 2
(The price today will not rise above this mark with a probability of 95%) 34044
Short position 3
(The price today will not rise above this mark with a probability of 99%) 35646
ETHUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1032.67
Long position 2
(The price today will not fall below this mark with a probability 95%) 966.72
Long position 3
(The price today will not fall below this mark with a probability 99%) 900.77
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1202.25
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1268.20
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1334.15
XRPUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 0.2287
Long position 2
(The price today will not fall below this mark with a probability 95%) 0.2042
Long position 3
(The price today will not fall below this mark with a probability 99%) 0.1797
Short position 1
(The price today will not rise above this mark with a probability of 68%) 0.2830
Short position 2
(The price today will not rise above this mark with a probability of 95%) 0.3075
Short position 3
(The price today will not rise above this mark with a probability of 99%) 0.3321
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. About mentioned probabilities are not 100% and do not guarantee risk-free trading
GBPSGD on a range move 🦐GBPSGD on the 4h chart broke above the weekly resistance.
The price retest the support and now move into a range between 2 structure.
IF the market will break above we can set a nice long order according to Plancton' s strategy.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Range trading: Forex as for 21/01/2021Here we publish signals of the indicator called “ Ranger ”. It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with certain probability.
EURUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.2066
Long position 2
(The price today will not fall below this mark with a probability 95%) 1.2048
Long position 3
(The price today will not fall below this mark with a probability 99%) 1.2030
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.2173
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.2191
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.2209
GBPUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.3587
Long position 2
(The price today will not fall below this mark with a probability 95%) 1.3547
Long position 3
(The price today will not fall below this mark with a probability 99%) 1.3507
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.3753
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.3793
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.3833
USDJPY
Long position 1
(The price today will not fall below this mark with a probability of 68%) 103.17
Long position 2
(The price today will not fall below this mark with a probability 95%) 102.98
Long position 3
(The price today will not fall below this mark with a probability 99%) 102.80
Short position 1
(The price today will not rise above this mark with a probability of 68%) 103.83
Short position 2
(The price today will not rise above this mark with a probability of 95%) 104.01
Short position 3
(The price today will not rise above this mark with a probability of 99%) 104.20
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. About mentioned probabilities are not 100% and do not guarantee risk-free trading
Range trading: Cryptocurrencies as for 21/01/2021Here we publish signals of the indicator called “ Ranger ”. It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with certain probability.
BTCUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 32295
Long position 2
(The price today will not fall below this mark with a probability 95%) 30645
Long position 3
(The price today will not fall below this mark with a probability 99%) 28995
Short position 1
(The price today will not rise above this mark with a probability of 68%) 37279
Short position 2
(The price today will not rise above this mark with a probability of 95%) 38292
Short position 3
(The price today will not rise above this mark with a probability of 99%) 40579
ETHUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1245.59
Long position 2
(The price today will not fall below this mark with a probability 95%) 1180.45
Long position 3
(The price today will not fall below this mark with a probability 99%) 1115.30
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1424.41
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1489.55
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1554.70
XRPUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 00.2665
Long position 2
(The price today will not fall below this mark with a probability 95%) 0.2414
Long position 3
(The price today will not fall below this mark with a probability 99%) 0.2163
Short position 1
(The price today will not rise above this mark with a probability of 68%) 0.3296
Short position 2
(The price today will not rise above this mark with a probability of 95%) 0.3547
Short position 3
(The price today will not rise above this mark with a probability of 99%) 0.3798
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. About mentioned probabilities are not 100% and do not guarantee risk-free trading
CADCHF bounce at the 0.5 Fib 🦐CADCHF after the last impulse, retreaced until the 0.5 Fibonacci level creating a double bottom over the support.
The price created a long-range move between the 0.68 and the 0.70 level.
IF the market will break above the structure, according to Plancton's strategy we can set a nice long order.
–––––
Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Range trading: Forex as for 20/01/2021
Here we publish signals of the indicator called “ Ranger ”. It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with certain probability.
EURUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.2079
Long position 2
(The price today will not fall below this mark with a probability 95%) 1.2059
Long position 3
(The price today will not fall below this mark with a probability 99%) 1.2038
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.2190
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.2211
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.2231
GBPUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.3550
Long position 2
(The price today will not fall below this mark with a probability 95%) 1.3507
Long position 3
(The price today will not fall below this mark with a probability 99%) 1.3465
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.3731
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.3773
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.3815
USDJPY
Long position 1
(The price today will not fall below this mark with a probability of 68%) 103.47
Long position 2
(The price today will not fall below this mark with a probability 95%) 103.25
Long position 3
(The price today will not fall below this mark with a probability 99%) 103.05
Short position 1
(The price today will not rise above this mark with a probability of 68%) 104.21
Short position 2
(The price today will not rise above this mark with a probability of 95%) 104.41
Short position 3
(The price today will not rise above this mark with a probability of 99%) 104.61
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. About mentioned probabilities are not 100% and do not guarantee risk-free trading
Range trading: Cryptocurrencies as for 20/01/2021Here we publish signals of the indicator called “ Ranger ”. It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with certain probability.
BTCUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 33073
Long position 2
(The price today will not fall below this mark with a probability 95%) 32000
Long position 3
(The price today will not fall below this mark with a probability 99%) 29525
Short position 1
(The price today will not rise above this mark with a probability of 68%) 38167
Short position 2
(The price today will not rise above this mark with a probability of 95%) 39940
Short position 3
(The price today will not rise above this mark with a probability of 99%) 41715
ETHUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1268.18
Long position 2
(The price today will not fall below this mark with a probability 95%) 1195.72
Long position 3
(The price today will not fall below this mark with a probability 99%) 1123.25
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1455.32
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1527.78
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1600.25
XRPUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 0.2573
Long position 2
(The price today will not fall below this mark with a probability 95%) 0.2321
Long position 3
(The price today will not fall below this mark with a probability 99%) 0.2069
Short position 1
(The price today will not rise above this mark with a probability of 68%) 0.3247
Short position 2
(The price today will not rise above this mark with a probability of 95%) 0.3500
Short position 3
(The price today will not rise above this mark with a probability of 99%) 0.3752
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. About mentioned probabilities are not 100% and do not guarantee risk-free trading
PALLADIUM 1D BEAR FLAGBear Flags are a Range type of chart pattern.
Bear Flag Ranges are repeatable trading chart patterns.
Bear Flag chart patterns will have a directional bias (Short) depending on the previous incoming trend.
Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern.
What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the breakout candle. (Our time frame preference is the Daily chart).
Add volume indicator - Volume is the amount of $ that went into a particular candle or in Forex the # of trades that took place.
Add ATR indicator - Volatility is the amount of price movement that occurred. Use the ATR to measure the price movement.
When you see descending Volume bars and descending ATR line (which indicates volatility) this shows
a dis-interest in traders to invest in this pair creating consolidation which creates the chart pattern.
Trade Management after there is a breakout candle close.
1 - Position size (compare volume bar to volume ma line).
a - Breakout candle must be 100% of volume average for a full position size.
b - If 75% of volume average then ½ position size. (To find 75% of Volume
look at the charts volume settings – divide smaller # into larger # = 75%+)
If not 75% then stand aside from the trade.
2 – If candle breaks out of a trendline, 15m before the close of the day prepare your buy/sell order.
Enter two trades. 1st trade will have a SL & TP. It will close automatically when the 1st TP is hit. 2nd
trade only has a SL and will be allowed to run. When 1st TP is hit move the SL to breakeven. Look
at ATR and prepare SL at 1.5 of ATR. Prepare 1st trade TP at 1 of ATR.
3 - SL for both trades will be 1.5 x ATR.
4 - 1st trade TP will be 1 x ATR.
5 - No TP on 2nd trade – letting profit run and adjusting SL to follow price.
6 - When 1st TP hit – move 2nd trade SL to breakeven.
7 - Adjust the 2nd trade SL to follow price.
*8 – After Breakout candle – if price closes back into chart pattern close trade don't wait for SL to be hit.
*9 - When breakout candle is more than 1 ATR from breakout candle open.
a - Enter 1st trade at candle close with ½ position size.
b - Enter 2nd trade with a pending limit order that is 1 ATR of breakout candle open.
c – Price should pullback to that pending limit order for 2nd trade.
d – If Price returns back into chart pattern close trade before SL is hit.
two short setups of Gold on 4HFirst of all, look for DXY that's our anchor!
There are two possible scenarios in my trade plan:
1. Price quickly retest the flip zone marked in yellow colour, we look for short opportunities on smaller TFs, e.g. 1H or 30m. The trade idea is mainly based on momentum and trend.
2. Price violated the flip zone, then we look for short opportunities on the top of the range. The trade idea is based on range structure.
Plan your trade and trade your plan. Watch how price react to key zones, otherwise, just ignore it unless new zones formed.
Range trading: Cryptocurrencies as for 19/01/2021Here we publish signals of the indicator called “ Ranger ”. It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with certain probability.
BTCUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 33852
Long position 2
(The price today will not fall below this mark with a probability 95%) 32003
Long position 3
(The price today will not fall below this mark with a probability 99%) 30153
Short position 1
(The price today will not rise above this mark with a probability of 68%) 39659
Short position 2
(The price today will not rise above this mark with a probability of 95%) 41508
Short position 3
(The price today will not rise above this mark with a probability of 99%) 43358
ETHUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1210.54
Long position 2
(The price today will not fall below this mark with a probability 95%) 1132.99
Long position 3
(The price today will not fall below this mark with a probability 99%) 1054.44
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1388.39
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1465.94
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1543.49
XRPUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 0.2850
Long position 2
(The price today will not fall below this mark with a probability 95%) 0.2601
Long position 3
(The price today will not fall below this mark with a probability 99%) 0.2352
Short position 1
(The price today will not rise above this mark with a probability of 68%) 0.3292
Short position 2
(The price today will not rise above this mark with a probability of 95%) 0.3541
Short position 3
(The price today will not rise above this mark with a probability of 99%) 0.3790
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. About mentioned probabilities are not 100% and do not guarantee risk-free trading
Range trading: Forex as for 19/01/2021Here we publish signals of the indicator called “ Ranger ”. It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with certain probability.
EURUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.2028
Long position 2
(The price today will not fall below this mark with a probability 95%) 1.2005
Long position 3
(The price today will not fall below this mark with a probability 99%) 1.1981
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.2144
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.2168
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.2191
GBPUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.3501
Long position 2
(The price today will not fall below this mark with a probability 95%) 1.3443
Long position 3
(The price today will not fall below this mark with a probability 99%) 1.3385
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.3685
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.3743
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.3801
USDJPY
Long position 1
(The price today will not fall below this mark with a probability of 68%) 103.57
Long position 2
(The price today will not fall below this mark with a probability 95%) 103.38
Long position 3
(The price today will not fall below this mark with a probability 99%) 103.20
Short position 1
(The price today will not rise above this mark with a probability of 68%) 104.16
Short position 2
(The price today will not rise above this mark with a probability of 95%) 104.35
Short position 3
(The price today will not rise above this mark with a probability of 99%) 104.54
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. About mentioned probabilities are not 100% and do not guarantee risk-free trading.
Range trading: Forex as for 18/01/2021
Here we publish signals of the indicator called “ Ranger ”. It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with certain probability.
EURUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.2012
Long position 2
(The price today will not fall below this mark with a probability 95%) 1.1990
Long position 3
(The price today will not fall below this mark with a probability 99%) 1.1968
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.2128
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.2150
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.2172
GBPUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.3477
Long position 2
(The price today will not fall below this mark with a probability 95%) 1.3422
Long position 3
(The price today will not fall below this mark with a probability 99%) 1.3368
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.3641
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.3695
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.3750
USDJPY
Long position 1
(The price today will not fall below this mark with a probability of 68%) 103.41
Long position 2
(The price today will not fall below this mark with a probability 95%) 103.22
Long position 3
(The price today will not fall below this mark with a probability 99%) 103.03
Short position 1
(The price today will not rise above this mark with a probability of 68%) 104.20
Short position 2
(The price today will not rise above this mark with a probability of 95%) 104.39
Short position 3
(The price today will not rise above this mark with a probability of 99%) 104.58
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. About mentioned probabilities are not 100% and do not guarantee risk-free trading.