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Rangetrading

AU long to 75.000 then short to 73.xxxAU is looking to long to 200ma, i think its going to get near 75.000 and then short down to my channel bottom (73.xxx). last week price double bottomed back into week open range and closed up, but not over the open of the week, still think it is showing bullishness but over all i am looking to short AU, maybe in the coming weeks. AU monthly is in a established channel, which alot of people would be watching to break, this week will be the end of the month, i feel like it will just keep ranging in the channel as AU usually likes to do.
Long
by Jimmyrockhard
I short SPX. Something little different that Bitcoin today. I have identify a loss risk trade. Stop-loss is close and possible profit target is lot more bigger. The ABCDE triangle consolidation provide us a decent breakout but this one have been struggle and squeezed by the bigger range. In a range you sell the top resistance : basic rule. I have not a lot of time (i hope in some weeks it will be better) so here is the schematic chart once again. First target for partial profit is the bottom of the range, next one is well under it. I would reenforce the short position if we break the bottom of the range. As always, i do it for my personal trading and entertainment. Have a nice day and a lovely week. And be patient on crypto. Nothing to do on the market for now.
SP:SPXShort
by KassandrA_dotcom
14
EURUSD 4H RANGE TRADESPair may go sideways waiting for FOMC tomorrow Price is technically in an up-trend position because it has not swung below ma's in last 30 bars If it is going to be a trend then price should make a higher high If not, then price should drop below both ma's and fall towards the range bottom Watch Macd for direction Bullish trend trade Range top breakout Buy Stop 1.1860 Take Profit 1.1925 SL below Range top Bearish Range trade Price fall below both ma's Sell Stop 1.1698 Take Profit 1.1632 SL above 100 sma
by Tradingstrategyguides
2
GBPAUD 4H REVERSAL - DAY RANGE TRADESGBPAUD is in a Day range pattern Price is at the bottom of the range and also at a long term sup/res level Price can bounce off range bottom or breakout and continue the trend Day Breakout trade - Sell Stop @ 1.7520 Take Profit @ 1.7420 Watch Macd to cross below Red signal line - close trade if Macd crosses above Red signal line again 4H Reversal Trade 1st Buy Stop @ 1.7775 2nd Buy Stop @ 1.7805 3rd Buy Stop @ 1.7875 Take Profit 2 options Opt 1 - 1st and 2nd Trades take 1/2 profit at 50 pips each - run with balance to take profit Opt 2 - Run all 3 trades to take profit Take Profit @ 1.7920
by Tradingstrategyguides
3
$VEN BTC - Perfect range play between 48K and 60KLadies and gentlemen, Here we have an excellent range play from VEN. Buy near bottom, sell near the top. The range is between 48K and 60K which gives you a nice range of 50-58K of play. That is about 16% of profit and you can rinse & repeat until we break 60K. This should last for about 30-45 days. The technicals behind this trade: We are currently in wave (4) of this first wave of (iii). Fourth waves are notoriously complicated with lots of sideway actions. We’ve hit a key resistance at 60K, also a psychological barrier for some and most HODLers are probably still stuck in VEN from the last major announcement with BMW. With us being denied at the first glance at 60K, chances are there will be lots of sellers the next time we see this range. We have 9 bars respecting this resistance from Feb. The divergence in RSI should send VEN very far south but we have quite a bit of support established from March highs and Feb lows as well as the 100D MA currently just north of 46K. When we’re trading below an RSI resistance trend line, we typically either go down or sideways. In our case, likely sideways since the support is very strong at this 48K level. I expect for us to continue to bounce at these levels until BTC finds the courage to start heading north. In the mean time, have fun with this dance. If we break either support or resistance, of course this idea would be invalidated Found this idea to be entertaining or absolute garbage? Feel free to let me know with a like or comment. As always, good luck and stay safe! Kinashi-San *For pure fun and joy, not financial advice. Not a recommendation to buy sell or hold.*
VLong
by Kinashi_San
2
LTCBTC Range trading + Breakout tradingExits should be based on two things, basically: 1) Targets If range trading, you should close your position after price reaches the opposite side of the range. If breakout trading, you should close your position if price reaches the target based on the height of the range. 2) Signals If you use MACD signals for your entrys and exits, for example, and it "shows" you signs of an early reversal, before your target is hit, you should take your profits.
by IagoLemos
AUDCAD waiting for reversal back upOn the weekly chart we can see price is in a range: 0.91700 - 1.03500 0.96 is acting as support a couple of times as well. Currently price is at 0.97160 so I’ve put this on my watchlist to see if price can break the down move. IF it does (break of trendline and price actions confirming higher highs and higher lows) I’l get in and set my profit target at 1.02000. Keep in mind that if this doesn’t happen you won’t miss the trade, you’ll just have to wait to get in for an even better price.
Long
by krissur
2