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Rangetrading

In a Range Awaiting BreakoutWe are in a range according to the 4hr. According to the monthly and weekly, We are in the middle of a bear run. This range is several days long so far, so we are waiting for a breakout trade for this one to be active. Don't know when that will happen. So you can range trade until it breakout, or you can wait until it's free. Your choice. BEAR TPS: • 1.70068 • 1.69680 • 1.69298 • 1.68939 • 1.67490 BULL TPS: • 1.71354 • 1.71800 • 1.72316 • 1.72902
by NikaJourney
Range trading: Forex as for 03/01/2020Under that heading 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 a certain probability. EURUSD Long position 1 (The price today will not fall below this mark with a probability of 68%) 1.1134 Long position 2 (The price today will not fall below this mark with a probability of 95%) 1.1113 Long position 3 (The price today will not fall below this mark with a probability of 99%) 1.1092 Short position 1 (The price today will not rise above this mark with a probability of 68%) 1.1208 Short position 2 (The price today will not rise above this mark with a probability of 95%) 1.1230 Short position 3 (The price today will not rise above this mark with a probability of 99%) 1.1251 GBPUSD Long position 1 (The price today will not fall below this mark with a probability of 68%) 1.3047 Long position 2 (The price today will not fall below this mark with a probability of 95%) 1.2974 Long position 3 (The price today will not fall below this mark with a probability of 99%) 1.2902 Short position 1 (The price today will not rise above this mark with a probability of 68%) 1.3219 Short position 2 (The price today will not rise above this mark with a probability of 95%) 1.3291 Short position 3 (The price today will not rise above this mark with a probability of 99%) 1.3364 USDJPY Long position 1 (The price today will not fall below this mark with a probability of 68%) 108.19 Long position 2 (The price today will not fall below this mark with a probability of 95%) 107.98 Long position 3 (The price today will not fall below this mark with a probability of 99%) 107.77 Short position 1 (The price today will not rise above this mark with a probability of 68%) 108.44 Short position 2 (The price today will not rise above this mark with a probability of 95%) 108.65 Short position 3 (The price today will not rise above this mark with a probability of 99%) 108.85 Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.
by Trade24Fx
Range trading: Crypto currency market as for 03/01/2020Under that heading 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 the certain probability. BTCUSD Long position 1 (The price today will not fall below this mark with a probability of 68%) 6997 Long position 2 (The price today will not fall below this mark with a probability of 95%) 6797 Long position 3 (The price today will not fall below this mark with a probability of 99%) 6598 Short position 1 (The price today will not rise above this mark with a probability of 68%) 7122 Short position 2 (The price today will not rise above this mark with a probability of 95%) 7322 Short position 3 (The price today will not rise above this mark with a probability of 99%) 7522 ETHUSD Long position 1 (The price today will not fall below this mark with a probability of 68%) 123.80 Long position 2 (The price today will not fall below this mark with a probability of 95%) 119.67 Long position 3 (The price today will not fall below this mark with a probability of 99%) 115.53 Short position 1 (The price today will not rise above this mark with a probability of 68%) 131.55 Short position 2 (The price today will not rise above this mark with a probability of 95%) 135.68 Short position 3 (The price today will not rise above this mark with a probability of 99%) 139.82 XRPUSD Long position 1 (The price today will not fall below this mark with a probability of 68%) 0.1853 Long position 2 (The price today will not fall below this mark with a probability of 95%) 0.1786 Long position 3 (The price today will not fall below this mark with a probability of 99%) 0.1720 Short position 1 (The price today will not rise above this mark with a probability of 68%) 0.1930 Short position 2 (The price today will not rise above this mark with a probability of 95%) 0.1997 Short position 3 (The price today will not rise above this mark with a probability of 99%) 0.2063 Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.
BITSTAMP:BTCUSD
by Trade24Fx
GBPUSD 15M NEW LONDON OPENING BREAKOUT TRADING STRATEGYRule #1 Define the London Trading Range We’re going to use the range definition that takes into consideration only the body of the candles, excluding the wicks. Note* this trading rule can be adapted as you get more experienced at reading the price action. Who knows, maybe you’ll be able to discover some price action tendencies around the London open that no-ones was able to see. In the GBP/USD chart we’ve outlined the trading range: The London open breakout strategy works because the Asia trading range tends to attract buy and sell stops above and below the trading range. The bulk of buying and selling stops becomes an easy target for smart money. Remember that traders need liquidity to execute their orders. And, the smart money is always in search of liquidity to fill their large orders. That’s the reason why smart money needs to trigger those stops. Rule #2: The One-Hour before the London Open Needs to Generate the Breakout Our backtesting results revealed that momentum really starts to pick up 1-hour earlier than the actual London opening session. There are some smart ways to trade this burst of momentum. Let’s see some technical ways to trade the pre-London open. We don’t need to guess in which way the market will break, we let the market tip his hand and show us the way. This is where things get interesting. Let me explain… During the London session, we’re going to see the most traded volume thus the foreign exchange market should really take off in one direction or another. From our example, we can note the GBP/USD one-sided move. We didn’t have any interruptions in the momentum activity, and that’s the KEY for this whole trading setup to work. Let’s now outline the second technical element you want to see with the London setup. Rule #3 Buy the London Open Breakout Immediately after the London session opens, we want to see the price fading the pre-open move. If the price move starts fading, we know it was a false breakout The smart money has used the pre-open move to trigger the stops below the range and now they reverse the tie and start buying. We want to see price pulling back into the range at the same speed as it went up. In simple words, the bullish momentum used to produce the false breakout needs to be equal to the bearish momentum used to fade the pre-open move. We enter our trade after the first 5-minutes have confirmed that the price is reversing. Once this trade setup is completed, you should see a price formation that takes the V-shaped form (or inverse V-shape). Let’s now explore what methods you can use to cash in the profits. Rule #4 Take Profit or Ride the Trend We can measure the size of the Asia trading range and project that, from the top or bottom of our range to get our profit target. But, oftentimes this type of setup can lead to a trading day that can extend in the days to come. Now, in this case, it’s wise if you employ other trading tactics so you can actually profit from this trend. In this example, the better take profit strategy would be to use a trailing stop. You need to be ready to explore other trading methods to manage your trades. Protecting the downside is as important as making money. Rule #5 Use a Time Stop Instead of a Price Stop In order to fade the London breakout, you need to use unconventional trading methods. In this regard, for our stop loss trading strategy we’re going to use a time stop instead of a price stop. The first time I’ve ever heard about the time stop concept was while reading the Market Wizards book. Billionaire Hedge Fund manager Paul Tudor Jones one of the greatest traders of our times said: “When I trade, I don’t just use a price stop, I also use a time stop.” If you want to get a glimpse into the mindset of the most successful traders and hedge fund managers, please read: Top Trading Quotes of All Time - Learn to Trade. So, do you want to know how to apply the time stop to the London strategy? It’s very simple… If in the first hour after the London open the price didn’t COMPLETELY reverse the pre-opening breakout, we exit the trade. It’s simple as that, no further explanation is needed.
Education
by Tradingstrategyguides
Range trading: Forex as for 31/12/2019Under that heading 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 a certain probability. EURUSD Long position 1 (The price today will not fall below this mark with a probability of 68%) 1.1171 Long position 2 (The price today will not fall below this mark with a probability of 95%) 1.1149 Long position 3 (The price today will not fall below this mark with a probability of 99%) 1.1129 Short position 1 (The price today will not rise above this mark with a probability of 68%) 1.1242 Short position 2 (The price today will not rise above this mark with a probability of 95%) 1.1263 Short position 3 (The price today will not rise above this mark with a probability of 99%) 1.12684 GBPUSD Long position 1 [/b (The price today will not fall below this mark with a probability of 68%) 1.3034 Long position 2 (The price today will not fall below this mark with a probability of 95%) 1.2961 Long position 3 (The price today will not fall below this mark with a probability of 99%) 1.2888 Short position 1 (The price today will not rise above this mark with a probability of 68%) 1.3212 Short position 2 (The price today will not rise above this mark with a probability of 95%) 1.3285 Short position 3 (The price today will not rise above this mark with a probability of 99%) 1.3358 USDJPY Long position 1 (The price today will not fall below this mark with a probability of 68%) 108.51 Long position 2 (The price today will not fall below this mark with a probability of 95%) 108.30 Long position 3 (The price today will not fall below this mark with a probability of 99%) 108.08 Short position 1 (The price today will not rise above this mark with a probability of 68%) 109.00 Short position 2 (The price today will not rise above this mark with a probability of 95%) 109.21 Short position 3 (The price today will not rise above this mark with a probability of 99%) 109.43 Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.
by Trade24Fx
Range trading: Forex as for 30/12/2019Under that heading 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 a certain probability. EURUSD Long position 1 (The price today will not fall below this mark with a probability of 68%) 1.1165 Long position 2 (The price today will not fall below this mark with a probability of 95%) 1.1143 Long position 3 (The price today will not fall below this mark with a probability of 99%) 1.1121 Short position 1 (The price today will not rise above this mark with a probability of 68%) 1.1218 Short position 2 (The price today will not rise above this mark with a probability of 95%) 1.1240 Short position 3 (The price today will not rise above this mark with a probability of 99%) 1.1262 GBPUSD Long position 1 [/b (The price today will not fall below this mark with a probability of 68%) 1.3017 Long position 2 (The price today will not fall below this mark with a probability of 95%) 1.2945 Long position 3 (The price today will not fall below this mark with a probability of 99%) 1.2873 Short position 1 (The price today will not rise above this mark with a probability of 68%) 1.3183 Short position 2 (The price today will not rise above this mark with a probability of 95%) 1.3256 Short position 3 (The price today will not rise above this mark with a probability of 99%) 1.3328 USDJPY Long position 1 (The price today will not fall below this mark with a probability of 68%) 109.12 Long position 2 (The price today will not fall below this mark with a probability of 95%) 108.90 Long position 3 (The price today will not fall below this mark with a probability of 99%) 108.68 Short position 1 (The price today will not rise above this mark with a probability of 68%) 109.43 Short position 2 (The price today will not rise above this mark with a probability of 95%) 109.64 Short position 3 (The price today will not rise above this mark with a probability of 99%) 109.86 Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.
by Trade24Fx
Range trading: Crypto currency market as for 30/12/2019 Under that heading 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 the certain probability. BTCUSD Long position 1 (The price today will not fall below this mark with a probability of 68%) 7110 Long position 2 (The price today will not fall below this mark with a probability of 95%) 6908 Long position 3 (The price today will not fall below this mark with a probability of 99%) 6706 Short position 1 (The price today will not rise above this mark with a probability of 68%) 7567 Short position 2 (The price today will not rise above this mark with a probability of 95%) 7770 Short position 3 (The price today will not rise above this mark with a probability of 99%) 7971 ETHUSD Long position 1 (The price today will not fall below this mark with a probability of 68%) 129.03 Long position 2 (The price today will not fall below this mark with a probability of 95%) 124.69 Long position 3 (The price today will not fall below this mark with a probability of 99%) 120.35 Short position 1 (The price today will not rise above this mark with a probability of 68%) 139.35 Short position 2 (The price today will not rise above this mark with a probability of 95%) 143.69 Short position 3 (The price today will not rise above this mark with a probability of 99%) 148.03 XRPUSD Long position 1 (The price today will not fall below this mark with a probability of 68%) 0.1896 Long position 2 (The price today will not fall below this mark with a probability of 95%) 0.1828 Long position 3 (The price today will not fall below this mark with a probability of 99%) 0.1760 Short position 1 (The price today will not rise above this mark with a probability of 68%) 0.2037 Short position 2 (The price today will not rise above this mark with a probability of 95%) 0.2105 Short position 3 (The price today will not rise above this mark with a probability of 99%) 0.2173 Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.
BITSTAMP:BTCUSD
by Trade24Fx
How to trade in range/consolidation periodA lot of people asked me what to do in the case when the price is stuck in consolidation. You can use Fibonacci retracement and create a range (0, 0.25, 0.5, 0.75, 1) and put it from swing low up to swing high. By that, you will create key points where the price will react on during consolidation time. You can use it on all Timeframes and it does not matter if it is Monthly, Weekly, Daily or minute chart. As you can see here, price very nicely reacts to each of our levels which we have set up once the range has been established. Also, when the price is stuck in consolidation range you do not want to trade it. Avoid it. You will make many mistakes, rather you should focus on a clear bullish/bearish trend.
NYSE:TEducation
by UnknownUnicorn6034472
1
Back to the 80's, 18+ (not for kids)$EDG Double top. Not a lot of volume on todays market, so might take a red day with a grain of salt. Or at least consider that the prior days bull volume has been greater than todays volume. Likely scenario is a bit of consolidation with low volume in the christmas period for 3-4 days to build a base, and then blow up, out of the ascending parallel channel, before making a move down. Or we come back the next days with greater volume and close lower than today, heading straight down, like pictured. Currently, 15.9% of the shares of the company are sold short Q3 and Q4 shows an increase of insider selling and no buying, ownership 7.90% Institutional shows more buying than selling in the same two quartes, currently owning 79.82%
NASDAQ:SEDGShort
by UnknownUnicorn2034381
1
Range trading: Forex as for 18/12/2019Under that heading 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 a certain probability. EURUSD Long position 1 (The price today will not fall below this mark with a probability of 68%) 1.1108 Long position 2 (The price today will not fall below this mark with a probability of 95%) 1.1086 Long position 3 (The price today will not fall below this mark with a probability of 99%) 1.1175 Short position 1 (The price today will not rise above this mark with a probability of 68%) 1.1175 Short position 2 (The price today will not rise above this mark with a probability of 95%) 1.1198 Short position 3 (The price today will not rise above this mark with a probability of 99%) 1.1221 GBPUSD Long position 1 [/b (The price today will not fall below this mark with a probability of 68%) 1.3016 Long position 2 (The price today will not fall below this mark with a probability of 95%) 1.2944 Long position 3 (The price today will not fall below this mark with a probability of 99%) 1.2872 Short position 1 (The price today will not rise above this mark with a probability of 68%) 1.3190 Short position 2 (The price today will not rise above this mark with a probability of 95%) 1.3262 Short position 3 (The price today will not rise above this mark with a probability of 99%) 1.3335 USDJPY Long position 1 (The price today will not fall below this mark with a probability of 68%) 109.12 Long position 2 (The price today will not fall below this mark with a probability of 95%) 108.89 Long position 3 (The price today will not fall below this mark with a probability of 99%) 108.67 Short position 1 (The price today will not rise above this mark with a probability of 68%) 109.86 Short position 2 (The price today will not rise above this mark with a probability of 95%) 110.08 Short position 3 (The price today will not rise above this mark with a probability of 99%) 110.31 Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.
by Trade24Fx
Range trading: Crypto currency market as for 18/12/2019Under that heading 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 the certain probability. BTCUSD Long position 1 (The price today will not fall below this mark with a probability of 68%) 6426 Long position 2 (The price today will not fall below this mark with a probability of 95%) 6295 Long position 3 (The price today will not fall below this mark with a probability of 99%) 6163 Short position 1 (The price today will not rise above this mark with a probability of 68%) 6881 Short position 2 (The price today will not rise above this mark with a probability of 95%) 7013 Short position 3 (The price today will not rise above this mark with a probability of 99%) 7144 ETHUSD Long position 1 (The price today will not fall below this mark with a probability of 68%) 118.54 Long position 2 (The price today will not fall below this mark with a probability of 95%) 115.58 Long position 3 (The price today will not fall below this mark with a probability of 99%) 112.61 Short position 1 (The price today will not rise above this mark with a probability of 68%) 128.11 Short position 2 (The price today will not rise above this mark with a probability of 95%) 131.07 Short position 3 (The price today will not rise above this mark with a probability of 99%) 134.04 XRPUSD Long position 1 (The price today will not fall below this mark with a probability of 68%) 0.1788 Long position 2 (The price today will not fall below this mark with a probability of 95%) 0.1733 Long position 3 (The price today will not fall below this mark with a probability of 99%) 0.1678 Short position 1 (The price today will not rise above this mark with a probability of 68%) 0.1930 Short position 2 (The price today will not rise above this mark with a probability of 95%) 0.1986 Short position 3 (The price today will not rise above this mark with a probability of 99%) 0.2041 Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.
BITSTAMP:BTCUSD
by Trade24Fx
Range trading: Crypto currency market as for 17/12/2019Under that heading 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 the certain probability. BTCUSD Long position 1 (The price today will not fall below this mark with a probability of 68%) 6617 Long position 2 (The price today will not fall below this mark with a probability of 95%) 6482 Long position 3 (The price today will not fall below this mark with a probability of 99%) 6346 Short position 1 (The price today will not rise above this mark with a probability of 68%) 7123 Short position 2 (The price today will not rise above this mark with a probability of 95%) 7259 Short position 3 (The price today will not rise above this mark with a probability of 99%) 7394 ETHUSD Long position 1 (The price today will not fall below this mark with a probability of 68%) 126.53 Long position 2 (The price today will not fall below this mark with a probability of 95%) 123.97 Long position 3 (The price today will not fall below this mark with a probability of 99%) 121.42 Short position 1 (The price today will not rise above this mark with a probability of 68%) 136.80 Short position 2 (The price today will not rise above this mark with a probability of 95%) 139.36 Short position 3 (The price today will not rise above this mark with a probability of 99%) 141.91 XRPUSD Long position 1 (The price today will not fall below this mark with a probability of 68%) 0.1969 Long position 2 (The price today will not fall below this mark with a probability of 95%) 0.1931 Long position 3 (The price today will not fall below this mark with a probability of 99%) 0.1892 Short position 1 (The price today will not rise above this mark with a probability of 68%) 0.2000 Short position 2 (The price today will not rise above this mark with a probability of 95%) 0.2038 Short position 3 (The price today will not rise above this mark with a probability of 99%) 0.2077 Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.
BITSTAMP:BTCUSD
by Trade24Fx
HOW TO AVOID A BREAKOUT HEAD-FAKEAVOIDING FALSE BREAKOUTS 1. Declining Volume and ATR/Volatility. 2. Candle Close Outside the Consolidation 3. Significant Volume on the Breakout. 4. If You Get Head-Faked, Close the Trade. How to Avoid False Breakouts Prevent a Head Fake You can't avoid every false breakout. There is no magic formula. There is no way to know what the market is about to do. What we do as traders is take advantage of little patterns and clues that the market is going to possibly do a certain thing. This is all based on probabilities. These patterns and clues never worked out 100% of the time. That is why we manage our risk on every single trade because there are no sure things. There are things you can do to increase the probability that you are not going to get tricked by a false breakout. Lets take a look at them. AVOIDING FALSE BREAKOUTS 1. Declining Volume and ATR/Volatility. Watch for declining volume & atr/volatility on the consolidation before the breakout. This shows that there are fewer traders willing to risk money that price is staying in the consolidation. 2. Candle Close Outside the Consolidation. Candle closes, especially daily & weekly, are very important events. Day traders like to square their positions at the end of the day. A bearish day trader who is done for the day will close his open shorts which is a buy causing the price to pop up. If price has pushed below the consolidation during the coarse of the day, price will often retreat back into consolidation after day traders square their positions. A daily close below the consolidation means longer term traders are selling. Reverse is true for bullish breakouts. 3. Significant Volume on the Breakout. You want to see significant volume on breakout candle close outside of consolidation. If the volume is declining during the coarse of the consolidation and a volume spike on the candle close outside of the consolidation supports the fact that more traders are interested in the move. Look for the spike to be 100% of the average volume to enter a full sized position. You can enter a ½ sized position if there is at least 75% of the average volume. Use a 20 period simple moving average on the volume so it represents about a month of volume data on most markets. 4. If You Get Head-Faked, Close the Trade. You will eventually get caught in one. If you get a candle close back inside the consolidation, close the trade. You may have another opportunity to get back into the trade from a real breakout. Don't immediately give up on it. Especially if you see the volume and atr/volatility continue to decline. Taking a small loss early on will help you make it up on the real breakout.
Education
by Tradingstrategyguides
Range trading: Forex as for 16/12/2019Under that heading 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 a certain probability. EURUSD Long position 1 (The price today will not fall below this mark with a probability of 68%) 1.1084 Long position 2 (The price today will not fall below this mark with a probability of 95%) 1.1060 Long position 3 (The price today will not fall below this mark with a probability of 99%) 1.1036 Short position 1 (The price today will not rise above this mark with a probability of 68%) 1.1167 Short position 2 (The price today will not rise above this mark with a probability of 95%) 1.1193 Short position 3 (The price today will not rise above this mark with a probability of 99%) 1.1217 GBPUSD Long position 1 [/b (The price today will not fall below this mark with a probability of 68%) 1.3266 Long position 2 (The price today will not fall below this mark with a probability of 95%) 1.3198 Long position 3 (The price today will not fall below this mark with a probability of 99%) 1.3129 Short position 1 (The price today will not rise above this mark with a probability of 68%) 1.3441 Short position 2 (The price today will not rise above this mark with a probability of 95%) 1.3509 Short position 3 (The price today will not rise above this mark with a probability of 99%) 1.3577 USDJPY www.tradingview.com Long position 1 (The price today will not fall below this mark with a probability of 68%) 108.96 Long position 2 (The price today will not fall below this mark with a probability of 95%) 108.74 Long position 3 (The price today will not fall below this mark with a probability of 99%) 108.53 Short position 1 (The price today will not rise above this mark with a probability of 68%) 109.73 Short position 2 (The price today will not rise above this mark with a probability of 95%) 109.95 Short position 3 (The price today will not rise above this mark with a probability of 99%) 109.16 Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.
by Trade24Fx
EUR/USD off the highs as German Manufacturing PMI missesThe euro is trading lower against the US dollar today, following a strong reversal from the 1.1200 resistance level on Friday. Intraday bias in EUR/USD remains neutral for consolidation below this temporary top. Further rise will remain in favor as long as 1.1039 support holds. A clear break and weekly price close above the 1.1200 level this week should be considered extremely bullish for the pair. In that event the bias will turn back to the upside for 100% projection of 1.0879 to 1.1179 from 1.0981 at 1.1281 next. Ultimately, this is a market that continues to be stuck in a relatively tight range, and even though this last week candlestick has been very bullish, the reality is that the 1.10 level underneath has been extraordinarily supportive. If the bears can break down below the 1.10 level, then the Euro should goes looking towards the 1.0890 level.
by ForexTrendline
EURUSD 1D KnowSureThing (KST) BREAKOUT STRATEGYStep #1 Identify a Ranging Zone Regardless of the time frame used, we define a ranging zone as comprised of two equal highs and two equal lows. Well, the lows and highs don’t need to be equal. But, the closer they are, the more defined our trading range would be. And, the more defined our range is, the higher the chance of a breakout and subsequently to experience a momentum burst. Once the range is established, we wait for the breakout to generate that momentum burst. Breakout trading is like trading momentum on the back of your trade. Step #2 Wait for a Break of the Range This is self-explanatory! A range breakout is an explosive move outside the trading range. In the example given, we can notice a clear breakout that holds above the range resistance level. This is a breakout of resistance. We can avoid false breakouts, which means the momentum is drying out pretty fast after the initial breakout. We simply use the Know Sure Thing indicator to track the momentum activity. Step #3 Check the Momentum Reading on KST oscillator Once the market breaks out of an equilibrium point, we want to make sure there is enough juice aka momentum for the price to follow through. How much juice the EURUSD has can be observed on the Know Sure Thing oscillator. Using the KST oscillator, we can avoid false breakouts like a Hedge Fund manager. We can observe a buildup in momentum as the Know Sure Thing lines are holding above the zero line. Once momentum is set in motion, a trend is more likely to continue than to reverse. And, once a trend is established and going in full motion it will take a sizeable force to turn the tide around. Follow your Trade Plan to find your own SL & TP.
Long
by Tradingstrategyguides
Loonie Still Trading in the RangeThe Canadian dollar has been under pressure after the recent disappointing Canadian jobs report. On the 4-hour chart USD/CAD is staying in a range of 1.3158 - 1.3327, so our intraday bias remains neutral. On the downside, a clear break of 1.3158 will extend the decline from 1.3327 for retesting 1.3042 low. On other side, a sustainable break above 1.3327 should resume the rise form 1.3042 and target 1.3382 (Sept. high) key resistance after that. The currency pair is trading below its H4 100 and 50 SMAs. Stochastic indicator is in oversold area on both H4 and daily charts. We prefer range trading strategy with Buy at the lower boundary of the range and Sell on the upper line with tight SLs.
Long
by ForexTrendline
Range trading: Forex as for 06/12/2019Under that heading 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 a certain probability. EURUSD Long position 1 (The price today will not fall below this mark with a probability of 68%) 1.1071 Long position 2 (The price today will not fall below this mark with a probability of 95%) 1.1053 Long position 3 (The price today will not fall below this mark with a probability of 99%) 1.1035 Short position 1 (The price today will not rise above this mark with a probability of 68%) 1.1141 Short position 2 (The price today will not rise above this mark with a probability of 95%) 1.1159 Short position 3 (The price today will not rise above this mark with a probability of 99%) 1.1177 GBPUSD Long position 1 [/b (The price today will not fall below this mark with a probability of 68%) 1.3091 Long position 2 (The price today will not fall below this mark with a probability of 95%) 1.3064 Long position 3 (The price today will not fall below this mark with a probability of 99%) 1.3036 Short position 1 (The price today will not rise above this mark with a probability of 68%) 1.3224 Short position 2 (The price today will not rise above this mark with a probability of 95%) 1.3252 Short position 3 (The price today will not rise above this mark with a probability of 99%) 1.3279 USDJPY Long position 1 (The price today will not fall below this mark with a probability of 68%) 108.34 Long position 2 (The price today will not fall below this mark with a probability of 95%) 108.18 Long position 3 (The price today will not fall below this mark with a probability of 99%) 108.01 Short position 1 (The price today will not rise above this mark with a probability of 68%) 109.10 Short position 2 (The price today will not rise above this mark with a probability of 95%) 109.27 Short position 3 (The price today will not rise above this mark with a probability of 99%) 109.43 Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.
by Trade24Fx
Range trading: Crypto currency market as for 06/12/2019Under that heading 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 the certain probability. BTCUSD Long position 1 (The price today will not fall below this mark with a probability of 68%) 7049 Long position 2 (The price today will not fall below this mark with a probability of 95%) 6809 Long position 3 (The price today will not fall below this mark with a probability of 99%) 6569 Short position 1 (The price today will not rise above this mark with a probability of 68%) 7718 Short position 2 (The price today will not rise above this mark with a probability of 95%) 7958 Short position 3 (The price today will not rise above this mark with a probability of 99%) 8198 ETHUSD Long position 1 (The price today will not fall below this mark with a probability of 68%) 140.70 Long position 2 (The price today will not fall below this mark with a probability of 95%) 134.55 Long position 3 (The price today will not fall below this mark with a probability of 99%) 128.39 Short position 1 (The price today will not rise above this mark with a probability of 68%) 154.68 Short position 2 (The price today will not rise above this mark with a probability of 95%) 160.83 Short position 3 (The price today will not rise above this mark with a probability of 99%) 166.99 XRPUSD Long position 1 (The price today will not fall below this mark with a probability of 68%) 0.2142 Long position 2 (The price today will not fall below this mark with a probability of 95%) 0.2081 Long position 3 (The price today will not fall below this mark with a probability of 99%) 0.2020 Short position 1 (The price today will not rise above this mark with a probability of 68%) 0.2333 Short position 2 (The price today will not rise above this mark with a probability of 95%) 0.2394 Short position 3 (The price today will not rise above this mark with a probability of 99%) 0.2455 Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.
BITSTAMP:BTCUSD
by Trade24Fx
USD/CAD Waiting BoCBoC rate decision is the main focus today. For the past 2 weeks, USD/CAD has been traded in a tight range and while no changes are expected from the central bank, Governor Poloz's speech will be watched closely. He could continue to talk about the possibility of an “insurance cut” in coming months, as uncertainty of trade war persists. If Poloz focuses on the downside risks for the economy, USD/CAD could break upward easily but if he emphasizes the appropriateness of current policy, USD/CAD should fall deeply. Also note that in the middle of Nov. the H4 50-day SMA crosses above the 200 SMA. This crossover, known as a ‘golden cross’, is a bullish sign for the pair. On the upside, 1.3327 (high of the current range) is the next resistance line. A clear break above 1.3327 will resume the rise from 1.3042 to 1.3346/82 (October and September's highs) resistance zone. Firm break there will suggest completion of medium-term consolidation from 1.3664. On the downside, a break of 1.3190 will indicate completion of the rebound and turn bias back to the downside for retesting 1.3042 support.
by ForexTrendline
Range trading: Forex as for 04/12/2019 Under that heading 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 a certain probability. EURUSD Long position 1 (The price today will not fall below this mark with a probability of 68%) 1.1046 Long position 2 (The price today will not fall below this mark with a probability of 95%) 1.1028 Long position 3 (The price today will not fall below this mark with a probability of 99%) 1.1009 Short position 1 (The price today will not rise above this mark with a probability of 68%) 1.1112 Short position 2 (The price today will not rise above this mark with a probability of 95%) 1.1130 Short position 3 (The price today will not rise above this mark with a probability of 99%) 1.1148 GBPUSD Long position 1 [/b (The price today will not fall below this mark with a probability of 68%) 1.2935 Long position 2 (The price today will not fall below this mark with a probability of 95%) 1.2913 Long position 3 (The price today will not fall below this mark with a probability of 99%) 1.2892 Short position 1 (The price today will not rise above this mark with a probability of 68%) 1.3051 Short position 2 (The price today will not rise above this mark with a probability of 95%) 1.3073 Short position 3 (The price today will not rise above this mark with a probability of 99%) 1.3094 USDJPY Long position 1 (The price today will not fall below this mark with a probability of 68%) 108.22 Long position 2 (The price today will not fall below this mark with a probability of 95%) 108.04 Long position 3 (The price today will not fall below this mark with a probability of 99%) 107.86 Short position 1 (The price today will not rise above this mark with a probability of 68%) 108.88 Short position 2 (The price today will not rise above this mark with a probability of 95%) 109.06 Short position 3 (The price today will not rise above this mark with a probability of 99%) 109.24 Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.
by Trade24Fx
Trading plan for EURUSD, GBPUSD, USDJPY for 04/12/2019EURUSD* The technical cross-section**: Trend: 0 A strength of trend: 0 Overbought/oversold : none The priority area of transactions : selling Buying in the area of 1,1000 with a stop below 1,0970 and a profit in the area of 1,1060. Selling in the area of 1,1080 with a stop above 1,1110 and a profit in area 1,1010. Selling in the area of 1,1160 with a stop above 1,1190 and a profit in area 1,1100. GBPUSD The technical cross-section: Trend : 1 A strength of trend: 4 Overbought/oversold : none The priority area of transactions: buying Selling in the area of 1,2970 with a stop above 1,2920 and a profit in area 1,3100. Buying in the area of 1,2820 with a stop below 1,2770 and a profit in the area of 1,2930. USDJPY The technical cross-section: Trend: 1 A strength of trend: 1 Overbought/oversold: none The priority area of transactions: buying Selling in the area of 108,90 with a stop above 109,20 and a profit in area 109,00. Selling in the area of 109,60 with a stop above 109,90 and a profit in area 109,00. Buying in the area of 108,60 with a stop below 108,30 and a profit in the area of 109,40. Buying in the area of 108,00 with a stop below 107,70 and a profit in the area of 108,60. * all transactions are intraday, that is, it must be closed at the end of the day. The error in the parameters of transactions is +/- 5 points; in the case of fundamental force majeure, the recommendations may be less relevant; ** the trend parameter accepts values “+1” - an uptrend, “-1” - a downtrend, “0” - no trend. Determined in terms of the author's analysis of a set of signals from technical indicators from different time frames; the trend strength parameter - accepts values from “-4” to “+4” and shows how strong this trend is. It is determined based on the author's analysis of a set of signals from technical indicators from different time frames; overbought/oversold is defined in terms of the analysis of the RSI (8) indicator on a daily time frame. The boundaries of the zones are accordingly 70 and 30; the priority area of transactions depends first of all on trend and its strength but is also taken into account our value judgments of the situation on the market. Wish you successful trading solutions and transactions!
Long
by Trade24Fx
6
TWITTER STILL GOT STRONG BULLSTWITTER BCBA:TWTR printed a double top and had beautiful selloff with strong volume and quick market reaction, i began anticipating a slip to a downtrend , however looking the 1D chart i observe the bulls pulled a strong bounce off its 2 year uptrend indicating its selloff pressure maybe exhausted. I have highlighted the trading zone ($27- $46) for the next year and the ascending triangle its currently building up which is bullish for the long term Trade opportunity is to open a long position when the trendline is re tested . I expect bulls to protect the price around the trendline so i expect a retest to $30.5 then push to fill the large 16% gap at $37.8 This trade invalidates if $TWTR price trade below the highlighted bottom range $25.5 then a short trade should be open if twitter trades below $25. 5
NYSE:TWTRLong
by lexcel