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Rangetrading

Signal Stream - AUDCHF Long SignalJust now getting some time to sit down and make a few posts. There have been a number of excellent signals generated lately. ** Note - lines were drawn by me. The vertical lines are where the signal generated, and the horizontal lines are initial close range targets. This pair has been ranging strongly in the past few weeks. A long signal appeared towards the bottom of the range, one of the strongest setups for Signal Stream trades. Initial close range target for this trade fell roughly in the middle of the trading range at 0.73513 In situations like this I tend to stay content with my initial target and close out the trade once the level is reached. Given that we're in a range, price could just as easily move back against us. What I really mean to say by that is that I don't expect to have huge trades running in my direction forever by these types of trades. But they really do work quite well with initial targets. There are many ways to trade Signal Stream. Signal Stream signals have a high chance of hitting their targets even if the market moves in the opposite direction, long after the signal appears. It's like the market is attracted back to these levels if they don't hit it immediately. Celebratory sale for signal stream happening now! Get lifetime access to this subscription indicator for a one time payment of $67 USD . This offer is good for the first 100 clients, after that it will be going to monthly subscription at a higher price. PM me for details or learn how to purchase Signal Stream here!
by StreamTrader
QTUM/DOLLAR 2H DARVA BOX STRATEGYStep #1: Identify at least two Darvas boxes that are on top of each other The first trading rule is to let the market develop at least two Darvas Boxes. Basically, the two Darvas boxes are showing that the market is starting to move in steps to the downside. So at this point, the market also should be making lower highs followed by lower lows, which is the basic definition of an downtrend. In the real world, you’ll notice that the Darvas boxes don’t perfectly stack on top of each other. You’ll rarely find a series of Darvas boxes where the following box has the bottom perfectly aligned with the top/bottom of the previous box. You will notice that the price range of the second Darvas box can move into the space of the first Darvas box which still qualify for a valid Darvas box. Note* Big candle wicks are ignored when drawing the Darvas box. Use the closing price instead. Step #2: Draw a support line in the middle of the first Darvas box We’ve noted that there is no such thing as perfection when dealing with the price action. And since the Darvas boxes tend to overlap, another characteristic is that in most of the cases the top/bottom of the current box won’t exceed the middle of the previous Darvas box. In this case, we can anticipate that the third Darvas box will develop its top around the middle or bottom of the second Darvas box. Step #3: How to sell QTUM: Sell when we test the middle or bottom of the 2nd Darvas Box We want to buy low and sell high because that’s the rule number one to make consistent profits. We sell QTUM as soon as the middle or bottom of the 2nd Darvas box is tested this will ensure that we sell on a retracement in an already proven downtrend. Step #4: Place your protective Stop Loss above resistance level in the second Darvas Box Our improved cryptocurrency sell strategy comes with the advantage of providing us with a very tight stop loss. We can hide our protective stop loss within or above the second Darvas box. A break above the second Darvas box will invalidate the whole price structure and it’s wise to get out of the trade as soon as possible. Two things can measure the success of a trading strategy. First, how tight the stop loss is and secondly the stop loss placement needs to be logical not just a random price coming out from over-optimization. Step #5: Take profit needs to be 2 or 3 times more than your stop loss Opening a trade is just the beginning; you also need an exit strategy to maximize your profits. It’s often said that it’s more important where you take profits than your entry strategy The professional traders place more weight and attention on the exit strategy because that’s how they make money. Probably, this is one of the oldest trading secrets that smart money doesn’t want you to know. Note** the above was an example of a SELL trade using the Free QTUM cryptocurrency strategy. Use the same rules for a BUY trade – but in reverse.
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by Tradingstrategyguides
SILVER 1D (XAGUSD DAILY TRADING RANGE TRADE SUGGESTIONI suggest your enter your order ahead of the range bottom around 15.63ish (depending upon your risk tolerance), with your stop loss below the 10-July-17 low (15.1750), targeting 1/2 of the range and the top of the range (16.4766 & 17.3399 respectively.) You can take some profit off at the 1/2 point or just follow your stops and hold for the top. I suggest you be sure to size your trade so your max loss is no more than 2% of your account (or less.) Follow your rules explicitly. NEVER BET THE FARM!
FX:XAGUSDLong
by Tradingstrategyguides
CME_MINI:EMINI-FUTURES If the e-mini gaps up i expect it to hit 2774 If it gaps down it will hit 2744 if it breaks my range estimation either way - breaks up long to 2787 breaks down short to 2733 CME_MINI:E-MINI FUTURES looks like it is going into a range for the next couple of weeks so looking to trade level fails long and short. 2744 has some action on it from previous weeks so price should bounce around on that level for a while. 2785 fail on the 21-jun-18 is telling me it range time. I think trading will be between 2790 and 2730 that is a 60 point range to trade inside of. Wick on the 19th says there is buying interest on the 4h so consolidation should form next couple of weeks. 200ma should be hit again, so looking at that level for bounce. will see what happens Monday.
CME_MINI:ESU2018
by Jimmyrockhard