Savius
Gold short on Slope Rider and bounce off pivot R1the Slope Rider by Savius has been signalling divergence all morning for short entries.
Price has moved above yesterday's POC at 1254 and hit R1 at 1257.5
I don't believe it has the strength to break above daily MA 208 at 1260.
I enter my short order with the protection of this strong resistances.
watch out for stop hunters!
target is pivot S1...obviously I'll close the trade earlier depending on how the day goes.
check out my website for more info on Savius Slope Rider and how I'm earning a funded account with Earn2trade following my Trading Plan.
S&P500 short on Savius Slope rider strategythe slope rider signal has fired on the 15' chart.
today markets are stuck in a range due to all the news that came out in the past days.
Keep Stop Loss above last high in price at 2720 (ESZ8 price, not SPX500).
Take partial profit at 2702: very high volumes here yesterday.
Target 2686: the last unmet Point Of Control from 28th of Nov.
S&P500 short on Slope Rider signalsS&P500 on the hourly chart has fired the Slope Rider signals for divergence and short entry.
It's moving slowly and unconvincingly today but I think it will just keep moving lower, perhaps all the way to 2700.
There aren't big volume levels below here, so once the US session starts pushing it down it may retrace to the bottom of yesterday's (news fuelled) gains.
GOLD Long ONLY if breaks above Pivot PGold is signalling a strong divergence in 3h 1h and 15' chart.
But the bearish trend from yesterday was too strong to ignore.
Price is bouncing off Daily MA 52 and 104.
I will enter a long order when price breaks above and close a candle above Pivot P.
Target to R1.
Stop will depend on chart, below previous low should do.
S&P500 short on Slope Rider and PivotsI think S&P500 is trying to push towards a resistance level at 2657, a high volume from yesterday and Pivot P for today.
I've got my Sell Limit order up there.
Keeping a tight stop loss at 10 ticks, market may be slowing down drastically today, tomorrow is Thanksgiving Day in US and Friday markets will close early.
Target recent bottom of 2640.
Prices are from ESZ8, december contract.
see on my blog how my participation in The Gauntlet is going
GOLD Long idea on Pivot Strategy and Savius Slope Rider signalI'm expecting Gold to break above the Pivot P and go upwards to R1.
Why? Savius Slope Rider has fired the buy signal, price is just getting out of the buy volume area and bouncing off the Regression Channel, and it's above the MA Hull, which is great!
(the screenshot with all these indicators can be found on my website)
I am not entering the order until price breaks above P, and retraces to it: this way I will enter the price with a confirmation (a standard Ross Hook), and keep Pivot as support and protection for my order (which works and is also very useful psychologically), it may take a while before Gold decides to make its move, so I don't want to be stopped out; or it may just as well change tend and go bearish.
remember: we are not foreseeing what the market will do, we are reacting to price movement and managing risk!
Target is top of Regression Channel, or R1: 1228, depends on how strong the trend is. Also previous POC is at 1229.
S&P500 short bounce off Pivot P and Savius Slope Rider signalsignal from Slope rider isn't complete as yet but I enter here with a tight 10 ticks stop loss, with the protection from Pivot P.
the top of the regression channel is at 2715, and a strong resistance due to high volume from yesterday at 2716, I should have waited until then, but I can risk a 10 ticks.
target at S1 is way down at 2675
(prices are from ES December contract)
see details on my website
S&P500 short on savius Slope Strategy counter-trend signalI put a short order here now on Savius signal that the bullish is about to turn (both on 60' and 15' charts)
Notice how similar the chart is to 2 days ago.
Price also touched the POC of 2695 from 2 days ago.
I am keeping a tight 10 ticks Stop Loss because I'm sure the price will try to push up to 2700 and 2704 (prices from S&P December, this SPX chart prices are slightly different because I believe are an average of more contracts, but the charts looks good enough for analysis) but volumes are low and I don't really think it will have the strength to do so.
Target is Pivot P.
Then S1.
S&P500 short on Savius Slope Rider counter trend strategyS&P500 short on Savius Slope Rider counter trend strategy
R1 also seems to hold as a resistance
potential target to Pivot P
New York market is about to open, need to see how the US will react to this morning move, we ar risking very little with a 10 ticks stop loss
GOLD short waiting to break S1 and targeting S2now S&P500 seems to be building strength on the bullish trend, so I'm waiting for Gold to resume its bearish trend.
Ideally it would break below S1, close a 15' bar down there, retrace to S1 for me to enter the sell order and target S2.
let see if Savius strategy confirms the idea, that would be great.
at the moment Savius Market Bias is 90% bearish.
GOLD short on savius Signal targeting Daily MAGOLD short on savius Signal targeting Daily MA
trend is bearish for today, so is Savius Market Bias
S&P is moving up, even though both of the markets are not showing real strength, keep stop loss very tight, but the target can be put down to the Daily MA
GOLD short sell limit order if retraces to R1GOLD short sell limit order if retraces to R1
market is still quite undecided, especially in S&P that is not moving at all; volumes here are above average though; by entering at R1 we can set a stop loss of just 10 ticks, and target down at Pivot P.
Not going to risk anything more than 10 ticks, hence not selling at market right now.