DOTUSD TRNs64.00
63.00
60.00
54.10
49.35
48.61
47.22
46.52
45.13
43.70
39.05
35.45
33.50
30.70
28.20
25.15
22.60
15.82
14.11
11.88
10.59
6.00
Who Am I To Develop an Indicator?
I must admit that once I developed these areas of Resistance and Support, I could not faithfully trade them. I had no real confidence in the levels because I created them. In order to gain confidence, I had called up several traders from different bank trading desks (all given different currency TRNs as not to skew the data) and asked them to evaluate these pivot points I was using. The positive feed back was overwhelming. All traders wanted to know how to calculate them. Many were using with Fibonacci Levels and Pivot levels to fortify Resistance and Support levels. When asked what service I was using to obtain these levels I then revealed I derived them. Still in disbelief as to their validity I kept asking my fellow traders “Do You See What I See?” Most replied “Of Course” and “Are You Blind?” to the most assuring “ Hey just keep calculating and Giving them to me, they are a great incite.” Their replies to my question convinced me to finally have faith in my indicator. Over time you will also see the power in these points to help you make educated trading decisions that lead to low risk, less confusion and superior profits.
All the Best
Reversalpoint
LINKUSD TRNs15.28
17.20
19.60
22.49
23.66
24.95
25.70
27.48
28.91
30.70
31.42
32.73
33.60
34.91
35.81
36.69
37.29
38.41
39.47
40.01
40.55
42.14
43.21
44.32
45.01
46.95
47.09
47.90
48.16
50.00
Who Am I To Develop an Indicator?
I must admit that once I developed these areas of Resistance and Support, I could not faithfully trade them. I had no real confidence in the levels because I created them. In order to gain confidence, I had called up several traders from different bank trading desks (all given different currency TRNs as not to skew the data) and asked them to evaluate these pivot points I was using. The positive feed back was overwhelming. All traders wanted to know how to calculate them. Many were using with Fibonacci Levels and Pivot levels to fortify Resistance and Support levels. When asked what service I was using to obtain these levels I then revealed I derived them. Still in disbelief as to their validity I kept asking my fellow traders “Do You See What I See?” Most replied “Of Course” and “Are You Blind?” to the most assuring “ Hey just keep calculating and Giving them to me, they are a great incite.” Their replies to my question convinced me to finally have faith in my indicator. Over time you will also see the power in these points to help you make educated trading decisions that lead to low risk, less confusion and superior profits.
All the Best
ETHUSD TRNs1540.00
1658.64
1773.95
1866.13
1913.90
1968.47
2027.27
2105.27
2244.06
2351.53
2406.25
2530.00
Who Am I To Develop an Indicator?
I must admit that once I developed these areas of Resistance and Support, I could not faithfully trade them. I had no real confidence in the levels because I created them. In order to gain confidence, I had called up several traders from different bank trading desks (all given different currency TRNs as not to skew the data) and asked them to evaluate these pivot points I was using. The positive feed back was overwhelming. All traders wanted to know how to calculate them. Many were using with Fibonacci Levels and Pivot levels to fortify Resistance and Support levels. When asked what service I was using to obtain these levels I then revealed I derived them. Still in disbelief as to their validity I kept asking my fellow traders “Do You See What I See?” Most replied “Of Course” and “Are You Blind?” to the most assuring “ Hey just keep calculating and Giving them to me, they are a great incite.” Their replies to my question convinced me to finally have faith in my indicator. Over time you will also see the power in these points to help you make educated trading decisions that lead to low risk, less confusion and superior profits.
All the Best
Bitcoin BTCUSD TRNs61101.66
58517.48
56523.79
53070.35
51030.00
48304.11
46261.43
43537.87
36787.74
Trend Reactionary Numbers (TRNs) are powerful Support and Resistance Zones that will be respected by the Markets. These Numbers are the outcome of 30 years of Trading Experience with over 15+ years on WallStreet. I worked for Institutions like Deutsche Bank, BNA, CRT and DG Bank in New York.
They are calculated by a secret formula and other variables which result in Key Market Reversal Points.
I'm Back! Most Profitable System YETVacation is fun, we all need to take a break sometimes, but I'm back, baby!
But that doesn't mean I ever really took a break from my biggest passion of 11 years -> Forex trading!
I've been having a blast with my latest and greatest system. It's called...
The 3 Kings
I can't wait to finally share this insanely profitable strategy with all of you! It's kinda lonely when you're making money but nobody else can really appreciate what you're doing. Thank goodness for like-minded people here on TradingView.
Starting Monday 1 February 2021 I'm sharing some of the highest probability trades that I take live from my 3 Kings trading strategy... stay tuned if you want to make some money.
Reverse of BTC The target 42000 was the last and it corresponds to 2,618 relation between A and C. To tell the truth, this aim seemed to me too low-probable and such relation is very seldom in practice, however BTC has reached it and started significant correction after this. So, now I consider, that BTC has already reversed. If BTC continue its increase above 42000 it will mean, that I was completely wrong and BTC is in new big bull cycle. In addition, the low volumes of trade and sharp surge of BTC from 3000 to 42000 point out to that it was correction ABC and not beginning of new bull cycle.
GBPAUD WAR ZONE... REVERSAL POINT FORECAST Hello traders, Welcome back to GBPAUD chart.
We have mentioned the reversal point of the price action on GBPAUD chart with help of pitchfork and fib retracement tools.
The war zone we mention in the chart is the demand zone where the bank and institution will get interested to execute there long positions.
We have also markup the stop-loss area for you.
Caution: small funded account holders please stay away from this trade thank you and trade safely.
BITCOIN Market Geometry.Hi, everyone,
Its my private analysis which i am shearing with you now. I have added some triangles on the chart base on the price action of previous highs and lows.On those triangles i have tried to determine the market future move on bearish reversal. if it get successful i will try it on Forex, stock, commodities pairs. Crossing my fingers hope it will get successful. Thank you, trade safe always set up your stop-loss first before setting up your take profit. Peace.
SWRV TREND REVERSAL WITH A HUGE DIAMOND PATTERN.Expecting to see Trend Reversal And break up from here, Targetting 2$ at least within the upcoming days.
Plz, DYOR.
TSLA: Weekly Outlook and Key Points to guide us!Hello traders and investors! Let’s look at how Tesla is doing today! This is going to be a Multi Time Frame Analysis, and we'll look at the hourly, daily and weekly charts.
The stock dropped a lot on Friday, and now it is doing a pullback to its resistances, like the 21 ema and the $ 406.
As we’ve been discussing here, the $ 406 is the most important point for Tesla, and now that it just lost it, it’ll work as a resistance in the short-term. We have a purple trendline guiding the price as well, and Tesla is in bear territory.
What could make Tesla enter in bull territory again? First, it must react and close above the $ 406, then it must defeat the purple trendline. This would make Tesla enter in bull territory again, at least in the mid-term.
Now, let’s look at the daily chart:
Tesla is not showing any signs of life here, as it is dropping, and the volume is still quite low.
Now, the stock is trading under the 21 ema and under the $ 406, the previous support, and now, the next target for Tesla is the $ 359. Let’s keep in mind that the yellow area between the $ 359 and $ 329 is a strong support zone, and an interesting buy point for Tesla.
The yellow area is comprised of the support at $ 359, the support at $ 329 and the weekly 21 ema , as we can see in the chart below:
As long as we don’t see a clear reaction on Tesla, it’ll just seek this support area, and I believe this would be a healthy movement for the stock.
These are the targets for Tesla in the mid-term, and if you liked this analysis, please, support it ! And follow me to keep in touch with my daily updates on Tesla and other stocks!
Have a nice day.
FCPO TRADING : 175) downtrend is confirmedthis is haidojo and the number is 175...
lower-low than the 2800 critical support is formed...basically downtrend is confirmed...
so, we don't know exactly how it will fall, whether straight forward to 2600, or forming a zig-zag before hitting the next lower ground...
presumably, price will form zig-zag before hitting the next level of support...
so short on rebound is the strategy now...
higher resistance : 2900
immediate resistance : 2800
lower support : 2600
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
Potential pullback coming in the NQThis videos will give you a potential pullback from level and where it may pullback to. Also a potential top in the market level. It is based off of longer time frame fib levels. This is a fractal version of the higher time frame Fib for GC . This is a Shorter The Time Frame Fib level indicator can be used independently. It shows where the market is looking to go and where it has been. When the market get above one level ( white bar, for example) look for price action to continue to the next level (white bar). If it breaks below the white bar look for price action to go the next level below for support. It is fractal in nature. It is fib levels inside longer time frame fib levels. I hope it will impress! More importantly I hope you can make some money! It is great for having targets and support levels. It helps in knowing why the market may continue in a direction. For example: When the price action has already moved up, why does it keep going up, because it hasn't reached targeted fib level, yet. Same reason price action may move lower once it breaks a particular level. It is looking for its fib level support. I know Gold is in the spot light now...as most of the time. This should help trade smaller time frames. If it drops below or goes above this range I can publish more levels..just ask if I forget. Thx
GBPJPY at a reversal area.I'm expecting a reverse within the red triangle area marked up on the chart based on bearish RSI divergence, price is in an area of resistance caused by previous price action and multiple descending trendlines.
If we get a bearish candle close tomorrow I will enter a sell position.
FKLI TRADING : 135) RETESTING THE BULL/BEAR 1585 SOONthis is trade 135 frm haidojo trading...
we are closing back to the 1585 resistance which is also the determinant of bull/bear critical point...look at the speed, fkli-aug definitely could challenge the previous high...
higher resistance : 1616-1623 (recent high)
resistance : 1585 (reversal to bull)
current support : 1560
lower support : 1540-1547(continue to bear)
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING . It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
Fast Market Moves And FOMO - Don't Get TrappedWhen the market moves strongly in a direction, you might feel the need to jump in and chase the trade because of the Fear Of Missing Out (FOMO).
Don't do that.
In fact, if you spend some time looking at the charts, you will find that often with such sharp fast market moves, the potential for a trade in the same direction as the fast move is over by the time people start reacting out of fear of missing out. This is when trades get squeezed and people lose money fast.
When you listen to experienced traders talk about such fast moves, you will often hear comments like "Wow, XYZ has rocketed up, but it's too late to enter now, I'll rather wait for a good pull back and see if there is an opportunity to enter later". You might actually hear them say that the move has gone too far from the moving average (maybe the 9 EMA or even 20 EMA) and that it's more likely that it will cause a "rubber band" effect with the price action moving back closer to the average.
The market may continue to rocket up or down, but let it go, don't chase that move, wait for your turn to get a good entry spot.
This is true no matter what you trade, Forex, Crypto, Stocks or Commodities, they all exhibit this tendency to recover (often quickly) when the price has suddenly moved too far from the average price. New traders are often caught off-guard by this, and tend to jump into the trade exactly when others are exiting their positions, so don't give in to FOMO. The market will give you many trading opportunities during the day, be patient and don't trade out of fear or greed.