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Rangetrading

ETH Long To Establish Top of RangeThis analysis is based on my study of the article "Anatomy of a Trading Range" by Jim Forte (i.e. Wyckoff), which appeared in the MTA journal Fall, 1994. It's quite a revealing piece for someone who had no previous exposure to Wyckoff. Chart pretty much explains it. I am reluctant to call 3 where I did given that is a 30 minute candle that the price action takes place in, but it fits better than the placement that seems more obvious. **EDIT** I don't want to enter all this again, so just imagine that the bottom of the target box extends down to $138.
BITMEX:ETHUSD.PLong
by bright_infinite
EU - NU - AU 4H Range Bullish TradesDon't trade all three (EU, NU, AU) of these USD pairs Watch this pair (AU) to make the move back bullish to ma's If it does it confirms other two trades EXIT - If AU falls back below range bottom - EXIT. Market may not have timing right for bullish move yet If market isn't ready on first move then be ready to enter long again on second or third bullish move attempt NZDUSD 4H Long Trade Buy Stop @ .6753 1st Buy Take Profit @ .6789 2nd Buy Take Profit @ .6810 SL below swing low
Long
by Tradingstrategyguides
KMD/BTC Wyckoff accumulation rangeI am not familiar with the fundamentals of this coin, nor have I read any news about it. However, a very good example of a Wyckoff accumulation range, complete with the matching volume profile on each step and phase of the accumulation has been formed here. Waiting for the last step before the markup (phase E) begins. Needs to show a "sign of strentgh" (SOS) and break above the range high followed by a confirmation of the range high as a new support (not necessary but healthy for further growth). When we see that happen, this trade has been validated. Keep in mind, this is a daily timeframe chart, and it might take weeks to play out . Looking for a potential move of 50-60% here. Invalidated if the price makes a new low (below 1350) An illustration of a Wyckoff accumulation schematic can be seen here: steemitimages.com For those curious about how Wyckoff method works, more details with the description of each step and phases can be found here: stockcharts.com
Long
by eyupium
3
CHFJPY BUYYCHFJPY buy opportunity. Price has reached historical demand level. It might be false breakout, average traders are in profit from sell setup and sooner or later they have to be in loss. I would set profit target on 40 pips with R/R 1:2 Follow me for more ideas and stay tuned. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial adviser if you have any doubts.
Long
by Michalangelo
Can ETH reject dead cat stigma? COINBASE:ETHUSD is beginning to form a range between $113 and $160, just north of the recent $80 bottom. Meanwhile the RSI is showing signs of life. Unfortunately fundamentals are lagging. Recent downward action occurred in-time with the Constantinople delay. This marks yet another delay in a long list of those given by the Ethereum Foundation. As the upcoming fork-hype helped ETH lead the market last week, I can only imagine there are many disheartened investors and traders today. Any decent move against these fundamentals would be a huge bullish signal in my eyes. I'm keeping a close watch and a tight stop.
COINBASE:ETHUSD
by James_D
Short on EURUSDWhat to say else? Am short on OANDA:EURUSD The price have been ranging since 2018 Q4. We see that it is difficult for bulls to reach, talkless to say break, the 1.1500 level since october 2018. Almost tested twice first on november at lately last week (02 jan 19). I believe shorting now, just after the formation of the marubozu has good chance. Moreover, SL exists to prevent any market bad joke. So, setting a 20pip SL above the 1.1500 level is a reasonable area to invalidate the trade. www.salixnigra.com twitter.com
Short
by nkanven
XLM ~ Wave Trading ~ 25% Profit Going to keep this description brief as I think the chart speaks for itself. XLM BINANCE:XLMBTC has been trading in a range bound pattern for the majority of the past year. The 6th largest cryptocurrency by market cap is now primed to make another large move upwards. Price has tested the .00002900-.00003000 BTC level 5 times and has never closed below so buying at this level poses little risk if an adequate stop loss is set. DMI indicates that trend is reversing. The last few times that DMI has shown this reversal we saw serious upwards price action shortly after. In addition, MACD has also had a bullish cross and is now looking to pass above the histogram line. With all that said, here is how I plan to trade it...... Exposure/Targets: Entry: .00003003 BTC Stop: .00002821 BTC (-6%) Target 1 (30% equity): .00003425 BTC ~ (14% Profit) Target 2 (30% equity): .00003695 BTC ~ (23% Profit) Target 3 (30% equity): .00003930 BTC ~ (31% Profit) Target 4 (10% equity): .00004185 BTC ~ (40% Profit) Happy trading! If you like my content please like and comment and let me know your thoughts. Cheers! ________________________________________________ Credit @dennisd ________________________________________________ * Not financial advise *
Long
by smythca1
2
USD/JPY Bottom of the Range Retail trader data shows 59.4% of traders are net-long with the ratio of traders long to short at 1.47 to 1. In fact, traders have remained net-long since Dec 18 when USDJPY traded near 112.517; price has moved 1.6% lower since then. The number of traders net-long is 0.4% higher than yesterday and 3.6% lower from last week, while the number of traders net-short is 4.6% higher than yesterday and 10.7% lower from last week. I typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests USDJPY prices may continue to fall. Positioning is less net-long than yesterday but more net-long from last week. The combination of current sentiment and recent changes gives us a further MIXED USDJPY trading bias.
by lukanos
SPX500 This is a big range until proven wrongSPX has closed the week very close to support. I took long positions in my swing trading. And I will flip short (again) if we reach the upper box or close to the red dynamic resistance. With double bottom and double top , it was enough to determine that we were ranging. Unless we are proven wrong, this is the right strategy for swing trading from a Risk/Reward perspective. And we have to be prepared to get stopped if we go out of the range's levels. That's how we protect our capital. Now we even have a triple top and triple bottom! This could be in a giant consolidating range. How am I trading this? Long from 2624. Target 2803 approximately, where the red dynamic resistance will meet the price if the market decides to buy it. SL 2599. And I will reinforce my long position if price goes below 2620 but the stop will remain 2599. 4h RSI looks good to reverse 1D RSI is creating higher highs This trade has a Risk/Reward=1/7.3 If the range ends, follow the new trend! So Buy above the big red resistance, and Sell below the support with stop above. Happy trading, and never forget to protect your capital.
FX:SPX500Long
by blondengineer
USDJPY 4H TRADESPair is in a possible range with price at the bottom Price may return to the ma's (Long) or breakout of the bottom support (Sell) Macd has crossed above the Red signal line Bullish bias Long Trade Buy stop at 112.85 Buy Take Profit at 113.20 Close trade if Macd crosses below Red signal line Find appropriate SL Short Trade Entry breakout of bottom support on a 15m break-hook-go pattern Sell Take Profit will be the 800 sma SL above range bottom breakout candle *Watch for Bearish failure move If price moves back into range above bottom support Aggressive Buy with candle close back into range Also use Long trade signals
by Tradingstrategyguides