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Russell2000

RUT Update Week Ending 16 August 2019Week Ending 16 August 2019 The week is neutral bearish, the daily is bearish. Projected range for upcoming week: 1464 - 1525 Weekly Data. In Bear Territory. Price Projection: Daily Only HMA: Neutral Bull BSI: Bullish Bull RSI: Neutral Bear RSI: Neutral 5 RSI: Negative Consolidation: 1456 - 1533 Price-Trend: .93x ATR Daily Data for Wednesday 16 August 2019 In Bear Territory Price Projection: 1374 HMA: Strong Bear BSI: Bearish Bull RSI: Neutral Bear RSI: Bear 5 RSI: Negative Consolidation: 1456 - 1509 Price- Trend: .98x ATR
TVC:RUT
by priceprophet
RUT Update 14 August 2019Daily Data for Wednesday 14 August 2019 In Bear Territory Price Projection: 1374 HMA: Very Strong Bear BSI: Bearish Bull RSI: Neutral Bear RSI: Bear 5 RSI: Negative Consolidation:Broken to the low side Price- Trend: 2.45x ATR Prices are now 2.45x ATR away from the mean. Expect some mean reversion (return toward the MAs) before any further movement. Attached yahoo finance article regarding the futures position for the 15 August 2019. This is an example of set-up for a reversion to the mean. We may start there and fall or we may start low and move high. What ever the case may be. Prices don't like being 3x or more away from the mean.
TVC:RUTShort
by priceprophet
1
RUSSELL 2000 1D RANGE TRADESRanges, Descending Triangles, Triangles, & Ascending Triangle are repeatable trading chart patterns. Triangles and ranges are consolidation chart patterns that can breakout either direction. Ascending and descending chart patterns will have a directional bias depending on the previous incoming trend. Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the breakout candle. (Our time frame preference is the Daily chart). Add volume indicator - Volume is the amount of $ that went into a particular candle or in Forex the # of trades that took place. Add ATR indicator - Volatility is the amount of price movement that occurred. Use the ATR to measure the price movement. When you see descending volume bars and descending atr line (which indicates volatility) this shows a dis-interest in traders to invest in this pair creating consolidation which creates the chart pattern. Trade Management after there is a breakout candle close. 1 - Position size (compare volume bar to volume ma line). a - Breakout candle must be 100% of average volume for a full position size. b - If 75% of average volume then ½ position size. 2 - Enter two trades. 3 - SL for both trades will be 1.5 x ATR. 4 - 1st trade TP will be 1 x ATR. 5 - No TP on 2nd trade – letting profit run and adjusting SL to follow price. 6 - When 1st TP hit – move 2nd trade SL to breakeven. 7 - Adjust the 2nd trade SL to follow price. *8 - When breakout candle is more than 1 ATR from breakout candle open. a - Enter 1st trade at candle close with ½ position size. b - Enter 2nd trade with a pending limit order that is 1 ATR of breakout candle open. c – Price should pullback to that pending limit order for 2nd trade. d – If Price returns back into chart pattern close trade before SL is hit.
CME_MINI:RTY1!
by Tradingstrategyguides
RUT Update week ending 9 August 2019Week Ending 9 August 2019 The week is bearish, the daily is bearish. Weekly Data. In Bear Territory. Price Projection: 1434 HMA: Bear BSI: Bearish Bull RSI: Neutral Bear RSI: Bear 5 RSI: Negative Consolidation: Broken to the low side Price-Trend: .6x ATR Daily Data for Wednesday 9 August 2019 In Bear Territory Price Projection: 1416 HMA: Strong Bear BSI: Bearish Bull RSI: Neutral Bear RSI: Bear 5 RSI: Negative Consolidation: 1533.49 - 1502.32 Price- Trend: 1.18x ATR Projected range for upcoming week: 1466 - 1544
TVC:RUTShort
by priceprophet
SImple The Stochastic Pop was developed by Jake Bernstein and modified by David Steckler, who wrote a corresponding article for Stocks & Commodities Magazine in August 2000. Bernstein's original Stochastic Pop is a trading strategy that identifies price pops when the Stochastic Oscillator surges above 80. Steckler modified this strategy by adding conditional filters using the Average Directional Index (ADX) and the weekly Stochastic Oscillator. This article draws on both methodologies to present another modified version of the Stochastic Pop suited for SharpCharts. Once the trading bias is established, Steckler used the Average Directional Index (ADX) to define a slowdown in the trend. ADX measures the strength of the trend and a move below 20 signals a weak trend. Steckler preferred ADX below 15, but would use 20 as well. A high and rising ADX signals a strengthening trend, while a low and falling ADX indicates that the trend is weakening. On the chart below, 14-period ADX on the daily chart shows a weak trend when it moves below 20. Notice how Gap (GPS) moved into a trading range as ADX dipped below 20 twice (yellow areas). the obv volume is very important for to determinated the market trend...
NASDAQ:QQQ
by PpSignal01
EYPT | Range bound Long-Term pattern suggests that after previous dilution, Eyepoint's stock price went range bound for quite awhile before breaking out. This marks potential accumulation range for anyone looking to build a position in EYPT. Ranges make for good swing trade positions (especially 20%+ both ways) and a way to average down. Range low/ highs, range from $1.42 - $1.87 is approximately $0.45 of profit both ways up (~20%+) until EYPT confirms they are adhering to terms of loan with CRG. Weekly MACD and Stochastics have divergence with stock price. This could infer spring board type action on good news (break below range could cause problems). Previous quarter showed that $EYPT was on track w/ meeting terms of CRG loan agreement. positive earning/ ER beat should help satisfy some hedge funds/ big $ investors. I remain cautiously optimistic. $EYPT could potentially come and test lows of the range within next week. I am looking to use this as a way to add to current position/ swing trade it to highs and lower cost basis on my long-position. **On the other hand, falling below this range could cause knee jerk reaction/ selloff. I am going to be watching this carefully. Tip # 7: When trading, It is very important to have a game plan. It is good practice to establish rules to your system (i.e. do you buy in increments?, at what point do you not like the investment anymore? how long are you willing to hold?). - Please Like and Follow for trade ideas & so I can continue to chart and build my reputation. Thank you in advance =) Have a Twitter? check out my page for more: @volatilitywatch Disclosure: I am long EYPT. This is not a note to buy or sell. Please do your homework before investing. //----------------------------------------------------------------------------------- Check out current trade in TGTX =) #BULLISH
NASDAQ:EYPTLong
by follow_the_money