SPX Weekly RangesHere are the past 7 weeks of PVI Volatility Ranges for SPX . The Ranges are computed every weekend from a myriad of data points and ratios (Index, Volatility variations, SKEW, HV, IV, etc...)
We compute the ranges on the weekend, along with our roadmap & Game Plan for the week ahead. Some of us enter their first tranche on Sunday nights or early Monday (depending on confirmation from Futures ).
We do NOT sell fixed Deltas for our credit spreads, but rather utilize the data driven from our volatility algo for the specific Index (primarily SPX ).
The PVI Weekly SPX Credit Spread portfolio is up just over 47% YTD with 20 straight weeks of profits and zero drawdowns. The ranges have been breached 3 times since the start of 2021 (by an amount greater than 10 SPX points). The system is NOT designed or programed to be perfect, it is to provide us with the most competitive SPX weekly Range with the highest VALUE between Premium & Expectancy
Rangetrading
ETH/USDT : Broken below the local S/R zoneBINANCE:ETHUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
$ETH has broken below the S/R zone and if we get the retest into the S/R zone, Then it'll be a great opportunity to locate our Short into it...
Based on that, I wanted to point out that this position is for those who didn't get the chance to join on the first short at $2200!
If it squeezes that's fine...
Invalidation is clear, It's been marked above the latest bearish master candle we have at $2075.
Entry Points : $1960 - $1975 - $1990
📍Targets : $1910 - $1850 - $1800 - $1720 - $1600
🟥 Overall stop-loss : $2075
Hope you enjoyed the content I created, You can support us with your likes and comments!
Attention: this isn't financial advice we are just trying to help people with their vision.
Have a good day!
@Helical_Trades
ALICE/USDT : Failed to hold the breakout!BINANCE:ALICEUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
$ALICE has a breakout on $2.96's resistance and holds above the broken line and it causes the line to change from resistance into the S/R line.
But It didn't take much time and got rejected below it.
Now based on our data, The failed breakout attempt has low volume and it comes with a bearish setup opportunity!
There're four factors to look for :
- Fake pump with low volume
- Back to the range
- Invalidation above recent high
- Target to range's low
I'm going to locate my Short into the S/R zone with an invalidation above $3.36 ( Active management ), With two major targets;
- Range's Low at $2.09
- Possible Local low at $1.06
Hope you enjoyed the content I created, You can support us with your likes and comments!
Attention: this isn't financial advice we are just trying to help people with their vision.
Have a good day!
@Helical_Trades
US30 Scalp Trade IdeaPrice has been making its retracement from the low that was previously created on the higher timeframe and is currently in a range. Even though we are currently in a range there is a scalping opportunity for both sells and buys. If price breaks and closes below 32550 it can continue bearish until 32370. If price begins to reject the EMAs, we can continue the bullish momentum until 33000. Wait for market volume.
US30 Price Breakdown update1. Price closed above structure but was rejected by the level of resistance to the left.
2. If the next 30m candle closes bullish we can continue to go bullish to fill the range until the next level of resistance
3. If the candle closes within the range, price could consolidate and get choppy.
4. Sells would only be taken if price begins to break the lows
US30 BreakdownPrice has been trending bearish so this move up can be a fakeout. We need to see a break and close of resistance to see a confirmation to buy. Hopefully market volume open can provide enough volume to see a bullish continuation
BTC/USDT : Two possibilities to Short the movement!BINANCE:BTCUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
Recently we called a Short position on $40350 and it turns out with a great result!
Now $BTC has pulled back from the Range's Low And it has reached the Range's mid.
Based on our data, The First Short position has come with an opportunity to take at Range's mid with an SL above our last rejection line at $40320.
And the Second opportunity will be created if we get the closings below $38100.
Then you can locate your Short with an active SL above Range's mid at $39200. ( Active means that we need those candles close to triggers our SL )
The last word, If we get caught on SL, Then I'll be looking for possible Long above Range's high.
Also, there'll be another Short Possibility at Range's High.
That's why I didn't mention further information...
Hope you enjoyed the content I created, You can support us with your likes and comments!
Attention: this isn't financial advice we are just trying to help people with their vision.
Have a good day!
@Helical_Trades
NEAR/USDT : Consolidating into a RANGEBYBIT:NEARUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
$NEAR has formed a wide range channel which has held the pair for 25 days.
Now it has gained bullish momentum once again as it's broken above the range's mid!
But so; As we all know, There'll be always fake-out or deviations...
In terms of possible rejections, I just mentioned the two possible scenarios to trade with :
- Be noticed that both of them need active management with tight SL and multiple targets!
📈 Bullish scenario: Currently the most possible scenario is to face more bullish continuation, In this way; If we get closings above the mentioned S/R line at $15.1, Then you can locate your Longs on a proper retest of the broken marked line.
- Be advised that the SL should be located below the Range's mid with active management!
📉 Bearish scenario: $BTC has reached one of the main S/R lines at $40600, As it consolidates below the resistance; There'll be always a chance of quick rejection into yesterday's lows...
In terms of rejection; If we get closings below the Range's mid at $14.7, Then you can locate your Shorts on a proper retest of the broken marked line.
- Be advised that the SL should be located above the S/R line at $15.1 with active management!
Hope you enjoyed the content I created, You can support us with your likes and comments!
Attention: this isn't financial advice we are just trying to help people with their vision.
Have a good day!
@Helical_Trades
BTCUSD Weekly Bear Flag!Looking at BTCUSD on the Weekly TF (LOG) It was apparent that LT Trend touch attempts were made by the Bears after ATH levels had been locked in.
With the current Weekly Bear Flag formed within the current Ascending Range, I am questioning whether another LT Trend retrace is in play.
Noted there is some strong Support to break and hold BUT as former ATH (20k region) has yet to be retested since it broke in DEC 2020 and LT trend has been untested since MAR 2020 I feel it is a great target if Range & Former Support is broken.
RSI is rallying off Short Term uptrend but if this breaks then the last sign of momentum support is off the 42.00 region as this has proved pivotal in years past.
If the current range holds and the Bear Flag is to fail then I am looking for another rally within Weekly Range back towards ATH and Upper Range Resistance. RSI will break above the 50.00 Midway and break its LT Downtrend.
Descision time is close IMO. What are your thoughts on the LOG Scale?
"DISCLAIMER: NO ADVICE. The information presented here is general in nature and is for education purposes only. Nothing should be considered to be advice. You should consult with an appropriate professional for specific advice tailored to your situation."
WABIBTC in a range situationHello again guys,
As you asked about WABIBTC, this chart has a down trend movement and lacks sufficient liquidity on it. So most of the time it would be range with a bearish outlook.
Currently price reached a support area and we can expect to have a bullish movement( it can occur with just a shadow ) to the top of our trend line.
Finally I recommend you if you hadn't invested or traded on it yet, think more about it because there are better trading opportunities on crypto.
Good luck.
The Best Way to Trade XAUUSD Range!Hello Fellow Traders,
I hope That Everyone Follows This Forecast To make some big Profits!
Here is a Full Updated Analysis & Forecast For XAUUSD.
NOTES - ITS VERY DANGEROUS TO TRADE A RANGE OR CONSOLIDATION, IF YOU PREFER TO WAIT UNTIL THE RANGE IS BROKEN (UP OR DOWN) THEN THE MARKET WILL GIVE YOU A CLEAR DIRECTION
The Best way to follow my Analysis is if the following conditions apply.
Conditions -
1. Wait for the Market to Show you some (Rejection / Confirmation / Direction)
2.Wait for confirmation(Price Action Confirmation ( Pinbar , Bullish or Bearish engulfing / Break of structure Aka Support Or Resistance)
3.Do your Own analysis! (Draw Trend Lines / Support & Resistance Zones / SND )
4.Always Use Risk Management (Risk 1% of your capital)
5.Entry Should be Made on The 4H Timeframe (Only if you have Confirmation)
6.Trade at own risk!
&. Plan Your Trade & Trade The Plan!
Let Me know if you have any Questions or Comments Below!
Negative Or Insulting Comments Are Not Welcome
See You in the next Analysis!
Global Fx Education
US30 Scalp IdeaUS30 is currently in a huge range on the higher timeframe but there are some quick scalp trading opportunities within this range. Overall price has been bullish but this past week we have had a pullback. If price fails to break and close above resistance, we can see some more bearish continuation. Waiting for the market open to bring in volume to push price either to the upside or downside. I will trade with the momentum for a quick scalp trade opportunity depending on which way price breaks.
TSLA Bull or Bear Range Breakout?Hi there,
As per usual I will mention in the beginning of my posts that I am a day trader and look to take advantage of minor movements in the markets. However I do analyze larger timeframes and will post things that catch my attention and possibly yours.
First thing to note is that every $2.00 movement is a key level I look at that being said these are my thoughts of potential price movement for TSLA:
Hourly --> On March 16th the vwap crossed above the 20ema signalling a bullish movement for TSLA which continued until March 23rd
--> From March 23rd - 25th TSLAs price has been stuck in a consolidation boxed range as shown with the purple box drawn above on my chart. $985.00 would be the bottom of the range and $1,027.00 would be the top of the range
--> You can see with my awesome oscillator indicator that bullish momentum is weakening however the stochastic rsi indicator has been sustaining oversold levels for days now meaning we could easily see a continuation of a short term bull trend making higher highs passed $1,040.00
Happy Saturday everyone!
WAVESUSDT Top of range hit againWe just hit top of the range, put limit order at current high or just go market order in like I did. Stop loss a decent amount above current top. Let's do 2 good trades in a row on Waves.
CADJPY - Bearish SharkCADJPY has been giving us an amazing trading experience. Once again, another Bearish Shark Pattern has formed up. What's different from this setup is that the 4-hourly candle has broken and closed above X. This is something that you shouldn't treat lightly.
You can head to the lower timeframe and wait for a Double Top setup with RSI Divergence on the 1hourly chart. That should significantly reduce your initial stop-loss providing and reward of up to 5x.
Range trading: Cryptocurrencies as for 13/03/2022
Calculations of the fluctuations range for the present day are published in this section. That is, at the very beginning of the day, you can determine the maximum and minimum of this day (with a known probability).
What does this information give? In fact, a lot. But first of all, these are guidelines for trade. For example, if during the day the price approaches the upper (lower) mark, you know that it won’t go above (below) this mark with a particular probability today. Accordingly, you can open a position opposite to the current movement, knowing in advance what the probability is to be profitable.
BTCUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 37098
Long position 2
(The price today will not fall below this mark with a probability 95%) 35603
Long position 3
(The price today will not fall below this mark with a probability 99%) 34109
Short position 1
(The price today will not rise above this mark with a probability of 68%) 40910
Short position 2
(The price today will not rise above this mark with a probability of 95%) 42404
Short position 3
(The price today will not rise above this mark with a probability of 99%) 43898
ETHUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 2435
Long position 2
(The price today will not fall below this mark with a probability 95%) 2339
Long position 3
(The price today will not fall below this mark with a probability 99%) 2244
Short position 1
(The price today will not rise above this mark with a probability of 68%) 2727
Short position 2
(The price today will not rise above this mark with a probability of 95%) 2823
Short position 3
(The price today will not rise above this mark with a probability of 99%) 2918
XRPUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 0.7437
Long position 2
(The price today will not fall below this mark with a probability 95%) 0.7212
Long position 3
(The price today will not fall below this mark with a probability 99%) 0.6987
Short position 1
(The price today will not rise above this mark with a probability of 68%) 0.8401
Short position 2
(The price today will not rise above this mark with a probability of 95%) 0.8626
Short position 3
(The price today will not rise above this mark with a probability of 99%) 0.8851
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 12/03/2022
Calculations of the fluctuations range for the present day are published in this section. That is, at the very beginning of the day, you can determine the maximum and minimum of this day (with a known probability).
What does this information give? In fact, a lot. But first of all, these are guidelines for trade. For example, if during the day the price approaches the upper (lower) mark, you know that it won’t go above (below) this mark with a particular probability today. Accordingly, you can open a position opposite to the current movement, knowing in advance what the probability is to be profitable.
BTCUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 36949
Long position 2
(The price today will not fall below this mark with a probability 95%) 35511
Long position 3
(The price today will not fall below this mark with a probability 99%) 34073
Short position 1
(The price today will not rise above this mark with a probability of 68%) 41023
Short position 2
(The price today will not rise above this mark with a probability of 95%) 42461
Short position 3
(The price today will not rise above this mark with a probability of 99%) 43899
ETHUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 2421
Long position 2
(The price today will not fall below this mark with a probability 95%) 2331
Long position 3
(The price today will not fall below this mark with a probability 99%) 2240
Short position 1
(The price today will not rise above this mark with a probability of 68%) 2732
Short position 2
(The price today will not rise above this mark with a probability of 95%) 2823
Short position 3
(The price today will not rise above this mark with a probability of 99%) 2913
XRPUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 0.7905
Long position 2
(The price today will not fall below this mark with a probability 95%) 0.7679
Long position 3
(The price today will not fall below this mark with a probability 99%) 0.7452
Short position 1
(The price today will not rise above this mark with a probability of 68%) 0.8545
Short position 2
(The price today will not rise above this mark with a probability of 95%) 0.8771
Short position 3
(The price today will not rise above this mark with a probability of 99%) 0.8998
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 11/03/2022
Calculations of the fluctuations range for the present day are published in this section. That is, at the very beginning of the day, you can determine the maximum and minimum of this day (with a known probability).
What does this information give? In fact, a lot. But first of all, these are guidelines for trade. For example, if during the day the price approaches the upper (lower) mark, you know that it won’t go above (below) this mark with a particular probability today. Accordingly, you can open a position opposite to the current movement, knowing in advance what the probability is to be profitable.
EURUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.0908
Long position 2
(The price today will not fall below this mark with a probability 95%) 1.0860
Long position 3
(The price today will not fall below this mark with a probability 99%) 1.0812
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.1091
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.1139
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.1187
GBPUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.3004
Long position 2
(The price today will not fall below this mark with a probability 95%) 1.2953
Long position 3
(The price today will not fall below this mark with a probability 99%) 1.2903
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.3174
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.3225
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.3275
USDJPY
Long position 1
(The price today will not fall below this mark with a probability of 68%) 115.94
Long position 2
(The price today will not fall below this mark with a probability 95%) 115.70
Long position 3
(The price today will not fall below this mark with a probability 99%) 115.47
Short position 1
(The price today will not rise above this mark with a probability of 68%) 116.69
Short position 2
(The price today will not rise above this mark with a probability of 95%) 116.92
Short position 3
(The price today will not rise above this mark with a probability of 99%) 117.16
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