My Silver Bullet Strategy analysis for US30Id be happy to teach this one to you guys.
Im working on a strategy specifically designed for Forex Markets.
There is a system i am creating called my version of a Silver Bullet Strategy that allows you mark out the phases of forex markets and as a result you can better plan your entries instead of having to sit there and wait for price action to play out the way youd like to.
This method is based on time and volatility of the market, and using just a session indicator with proper settings can help you get the information you need.
I cut the video early because i cant wait for the market to play out but ive already marked up the chart.
Ill post an image below of the completed days run of US30 so we can see how my mark ups coincide with the price action analysis.
Stocastic
XPTUSD has cross-over and shows short opportunity XPTUSD has broken its bottom trendline with a 3 EMA crossing over the 10 EMA to the downside. At the same time we're getting the EMAs crossing over the Stochastic is heading down and crossing over the 50% mark giving three confluences to look for shorts
Ill be targeting a 1% move down underneath a support i have drawn out on the 4H chart
🔥 Bitcoin Slow Stochastic Signaling Start Of New Bull RunIn order to construct the slow stochastic I changed the parameters to 100/10/5, this creates a slower stochastic which is better suited to detect long-term shifts in trends.
In all of Bitcoin's history, this slow stochastic has crossed the 30-line from below only 4 times. The previous 3 times all signaled the start of a new bull-run.
Three weeks ago, we had another cross from below. Seeing that the market often rhymes, I'd like to think that the bottom is in and that we're likely to go up from here.
Naturally, it's possible to see deviations (like the 2020 Covid dump), but I deem it highly likely that the bottom is in and that as new bull-run has started.
Share your thoughts🙏
BITCOIN , 1D, 15/5/2022Welcome too all of you guys..
Please support this idea with LIKE if you find it useful.
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overall,the price is moving down since 7 weeks and we can see bearish channal on 1d time frame clearly.
It may be possible now to see the price moving up in this coming days...and make some correction
so there is some important point lead us to open long poistion now
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my order:
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open position: 29.704
SL :25.792
TP1: 41.428
ORDER: 1
LEVERAGE : 1/100
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good luck
Homology Medicines, quite cheap Close to its all-time low.
Stochastic, RSI and money flow at the oversold point.
Why would it keep falling further?
I see probable a recovery to the marked lines.
NASDAQ:FIXX
Oil Trade ideaBe careful to trade oil this week, it can be very wide spread because of contract expiration due date. but for daily trade in oil, we just need to wait price go out of the box and calculated high and range is above $1 and see stochastic level which indicated overbought or oversold level in h1 tf. our target is gonna be 0.3 -0.5 cent because this is pullback strategy.
Happy trading all,
EURJPY Short IdeaThe currency EURJPY has reached an important resistance (124.107). Today the candle had big shadow and comparing the closing price with the opening price we have a small variation of the price. We expect that the price will descend to 50% percent of fibonacci retracement (120.509).
Let us know if you liked the idea, leave a comment for an opinion and follow us for other ideas.
CADCHF still in uptrend?The market is following a clear uptrend, it recently got a correction and the price is still pushing up.
We are right now on the 5th Elliot’s wave, the perfect moment to entry short till the trendline. If the price will bounce again on the trendline we can think to entry long till TP1 , if the price will breakout the support, we will wait for the next analysis!
Let us know if you like our opinion, and if you have some different idea, just leave here a comment!
Enjoy Traders!
GOLD Equilibrium| Structural Resistance| Trade Set UpToday’s Technical Analysis – GOLD – trading in an equilibrium likely to retest high time frame resistance upon a break
Points to consider,
- Confirmed break and retest for validation
- Define risk at recent swing low
- Technical target at HTF resistance
- Price action to monitor
Gold needs to break its current resistance and establish a retest which will allow for a long entry.
Risk will be associated with the most recent swing low as this is a breakout trade with a quick invalidation.
The technical target is association at structural resistance, strong pivot area where price action can help with the directional bias.
Overall, in my opinion, GOLD will break out of this equilibrium; a long trade will be valid upon a bullish break with the technical target being structural resistance.
A break below support will invalidate the trade setup
What are your thoughts?
Please leave a like and comment,
And remember,
By risking 1%, I am indifferent to any individual trade. Keeping your risk small and constant is absolutely critical.” Larry Hite.