How to trade lower tf with Stochastics Real Deal indicatorStochastics Real Deal is one of the most useful and profitable indicators you can find today on Tradingview.
After years of researching the ultimate stochastic indicator, i've finally crafted a perfect companion for any trader.
This indicator was created for forex 1D timeframe and most people use it this way BUT i can show you how to use it on lower timeframes too!
Look at this chart image imgur.com
On the left there's 1D timeframe for AUDJPY pair that we take as a reference and bias. If Stochastics Real Deal (SRD) is giving a sell signal like we see in this example, we can go on lower timeframes like 30 min and start scalping the hell out of this pair!
On the right there is 30min timeframe AUDJPY. Keeping in mind the sell bias on 1D, we are going to consider only Sell signal for our scalping entries from now on.
The sell entry for this indicator is when dots are red and stochastics cross down 80 value.
The exit for a scalp will be when stochastics touches or crosses 20.
So easy yet so effective!
The Stochastics Real Deal is available at the following link, just ask for a trial
Stochsatics
EURUSD Monthly S/R Support| Price Action| Trend Evening Traders,
Today's analysis,
EURUSD - trading towards a key resistance level where a bearish retest is possible,
Points to consider,
- Price Action Corrective
- POC S/R Resistance
- .618 Fibaoncci Resistance
- Bearish OB Resistance
- Low Volume
EURUSD's immediate price action is corrective, the bounce is on low volume and approaching a key trade location with resistance confluence, this allows for a bearish bias.
The resistance is the .618 Fibonacci, POC S/R and a Bearish OB, price action is likely to have a rejection of this level, a reclaim will be a strong bullish sign, invalidating the trade.
The objective is the lower Daily S/R support and the overall Monthly S/R
Price action is to be used upon discretion/ management, hope this analysis helps
remember,
"Amateurs think about how much money they can make. Professionals think about how much money they could lose."
–Jack Schwager.
SHIBUSDT Range High| .618 Fibonacci| Price Action| Trend Evening Traders,
Today’s analysis – SHIBUSDT- trading at a key trade location where holding range high is critical for a bunce,
Points to consider,
- Price Actin Corrective
- Range High Support
- VWAP Support
- Low Volume
SHIBUSDT’s immediate price action is corrective and is trading at an area that has technical confluence with the Range High/ .618 Fibonacci and the VWAP, allowing for a bullish bias.
The current volume is below average, an influx is highly imminent when an expansion occurs.
The immediate objective is the range high, exceeding this level is likely to lead to a trend continuation.
Overall, in my opinion, SHIBUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“You will never find fulfillment trading the markets if you don’t learn to appreciate and be satisfied with what you already have.” ― Yvan Byeajee
LUNAUSDT Resistance| Price Action Levels| RSI POC Evening traders,
Today’s analysis – LUNAUSDT- trading at a key level of resistance where a rejection is probable,
Points to consider,
- Price Action Impulsive
- .618 Fibonacci Resistance
- Daily S/R Objective
- Increasing Volume
LUNAUSDT’s immediate price action is impulsive and is trading at a key level trade location that has confluence with the .618 Fibonacci and Order Block, allowing for a short bias.
The Daily S/R is the current objective, exceeding this level will lead to a trend continuation.
The volume is on a steady increase, this needs to continue for an impulse break from resistance.
Overall, in my opinion, GALAUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“It’s OK to be wrong; it’s unforgivable to stay wrong.” -Martin Zweig
TLMUSDT Daily S/R| Price Action| .618 Fibonacci| Trend Evening Traders,
Today’s analysis – TLMUSDT – trading towards a key support area where a bounce is probable,
Points to consider,
- Price Action Corrective
- Daily S/R Support
.618 Fibonacci Confluence
- Volume Climaxes
- RSI Bullish Control Zone
TLMUSDT’s immediate price action is corrective and is trading at a key trade location that has technical confluence with the .618 Fibonacci and the Daily S/R, allowing for a bullish bias.
The volume current has climatic nodes, indicating a temporary bottom thus a reversal is probable.
The RSI remaining in its bullish control zone is indicative of strength, this is important for price action to reverse.
Overall, in my opinion, TLMUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“There is a huge difference between a good trade and good trading.” – Steve Burns
BEPROUSDT Daily S/R| Price Action| Trend| Trade Evening Traders
Today’s analysis – BEPROUSDT – trading above its Daily S/R where continuation is probable,
Points to consider,
- Price Action Impulsive
- Daily S/R Support
- Swing High Objective
- Low Volume
BERPOUSDT’s immediate price action is impulsive, trading above its current Daily S/R, holding this level allows for a bullish bias.
The swing high is the immediate objective, exceeding this level will increase the probability of a trend continuation.
The current volume profile is below average, an influx is high imminent when testing a key trade location.
Overall, in my opinion, BERPOUSDT is a valid long with defined risk; price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
. If winning trades give you a buzz, you’re conditioning your mind to drool in anticipation of its next fix. And when it doesn’t happen, it’ll upset your expectations. If thrill naturally arises (which it will), feel it as it is, but then don’t cling to it.
SOLUSDT Dynamic S/R| Swing High| Price Action| Trend Evening Traders,
Today’s analysis – SOLUSDT – trading within a potential apex where a breakout is imminent,
Points to consider,
- Price Action Impulsive
- Dynamic S/R Suppot
- Swing High Objective
- Declining Volume
- Trend
SOLUSDT’s immediate price action is impulsive and is trading with a higher low structure, allowing for a bullish bias.
The immediate objective is the swing high, exceeding this level will lead to a trend continuation.
The current volume profile is declining, an influx is highly imminent when a expansion occurs.
Overall, in my opinion, SOLUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“Genuine acceptance that there will be losses on your way to market success will greatly decrease the hurt when they eventually come.”
WABIBTC Local OB| Weekly S/R| Price Action| .618 Fib Evening Traders,
Today’s analysis – WABIBTC- trading at a local OB where a bounce to the highs is probable,
Points to consider,
- Price Action Impulsive
- Local OB Support
(1to1 Extension Confluence)
- Weekly S/R objective
(.618 Fibonacci Target)
- Climatic Node Present
WABIBTC’s immediate price action is trading at a Local Order Block with a 1 to 1 extension confluence, allowing for a bullish bias.
The objective is the weekly S/R where exceeding this level will make the target the .618 Fibonacci retracement of the recent swing high.
There is a climatic node present, indicative of a temporary bottom being set after the recent volatile move.
Overall, in my opinion, WABIBTC is bullish in the immediate short-term, price action is to be used upon discretion/ management.
Hope this analysis helps!
Thank you for following my work
And remember,
“The obvious rarely happens, the unexpected constantly occurs.” – Jesse Livermore
BTCUSD Price Action Apex| Daily S/R| Trend| Volume Evening Traders,
Today analysis – BTCUSD- trading in a price action apex where a breakout is imminent,
Points to consider,
- Price Action Impulsive
- Dynmic S/R Support
- Daily S/R Resistance
- Low Volume
BTCUSD’s immediate price action is impulsive trading in an apex where a breakout is imminent – allowing for a long bias.
The current Dynamic S/R is support, respecting this level is critical for bullish momentum
The current volume profile is below average, an influx is needed for a true breakout
Overall, in my opinion, BTCUSD is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps!
Thank you for following my work
And remember,
“However, market analysis is not the path to consistent results. It will not solve the trading problems created by lack of confidence, lack of discipline, or improper focus.”
― Mark Douglas
ETHUSDT Daily S/R| Price Action| Trend| Trade Evening Traders,
Today’s analysis – ETHUSDT – trading at a key support that has been respected on multiple attempts,
Points to consider,
- Price Actin Corrective
- Daily S/R Support
- Daily S/R Resistance
- Low Volume
- Rotation
ETHUSDT’s immediate price action is trading at a key support that allows for a bullish bias.
The current objective is the swing high, exceeding this level will increase the probability of a trend continuation.
The current volume is below average, an influx is highly imminent when an impulsive move comes – rotation to the highs.
Overall, in my opinion, ETHUSD is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“Trading mastery is a state of complete acceptance of probability, not a state of fight it.”
― Yvan Byeajee
USDCAD Local S/R| Price Action| .618 Fibonacci| Volume Evening Traders,
Today’s analysis – USDCAD – trading under local s/r that has technical confluence,
Points to consider,
- Price Action corrective
- Local S/R Resistance
(.618 Fibonacci Confluence)
- 200 MA Resistance
- RSI Bullish Control Zone
USDCAD’s immediate price action is trading under resistance that has technical confluence allowing for a short bias.
The .618 Fibonacci is in confluence with the 200 MA S/R, rejecting here is a greater probability.
The current RSI is trading in its bullish control zone, maintaining these levels are indicative of strength.
Overall, in my opinion, USDCAD is a valid short with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“There is a huge difference between a good trade and good trading.” – Steve Burns
ANKRUSDT Daily S/R| Local S/R| Price Action| Trend Evening Traders,
Today’s analysis – ANKRUSDT – trading at a key Daily S/R where a bullish deviation is probable,
Points to consider,
- Price Action Impulsive
- Daily S/R Support
- Local S/R Objective
- Low Volume
- Oscillators Neutral
ANKRUSDT’s immediate price action is impulsive, holding a key Daily S/R, allowing for a bullish bias.
The immediate objective is taking out the Local S/R, taking this level will increase the probability of testing the swing high.
Current Volume Profile is on a decline, an impulse is highly imminent when an expansion occurs.
Both oscillators are trading neutral, penetrating their bullish control zones will be indicative of strength.
Overall, in my opinion, ANKRUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“If you don’t respect risk, eventually they’ll carry you out.” – Larry Hite
CRVUSDT Daily S/R| Bullish OB| Local S/R| 200 MA| Price Action Evening Traders,
Today’s analysis – CRVUSDT- trading below its Local S/R towards its technical locations,
Points to consider,
- Price Action Impulsive
- Daily S/R Objective
(200 MA Confluence)
- Oscillators Bearish Control Zone
- Volume Climax
CRVUSDT’s immediate price action rejected from its Local S/R after a Swing High, this allows for short term bearish targets,
The Current Key Support is the Daily S/R. holding this level. Holding this level will confirm a Rounded Retest. The interim trade locations are the Bullish Order Block and the Local S/R Zones, a reaction at these levels is highly probable.
Both Oscillators are penetrating their bearish control zones, trading in these regions increases the probability of short term downside.
There is a valid volume climax, signalling a temporary top, an increase in volume will dictate the inclusive direction.
Overall, in my opinion, CRVUSDT is trading neutral, long trades are valid at key trade locations; further price action is requited for a directional bias.
Hope this analysis helps,
“Don’t blindly follow someone, follow market and try to hear what it is telling you.” ― Jaymin Shah’
Bullish Price Action| Stron Up-Trend| Price Discovery Points to consider,
Preluding to DOTUSDT’s chart, price action has also put in a very strong bullish volatility expansion leading to an all-time high. Similarly to LINK, reaming above current Local S/R will be indicative of strength in price action. Taking out the immediate high will progress DOT back into price discovery with a further strong expansion being probable.
Initially price action broke Daily S/R with an impulsive move that was backed with increasing volume; this suggested a true break as follow through was evident. The volume profile remained above average with consecutive impulses, especially when the bullish order block was back tested.
As evident, the secondary expansion topped out and established a local top, an impulse sell followed suit however was bought back in a bullish manner. This again is suggestive of strength and that a true top as of current is not time-honoured. A clear volume climax with a blow-off top is resemblance will specify a temporary top in price action.
NZDUSD S/R Zone| .618 Fibonacci| Swing Low| Price ActionEvening Traders,
Today’s analysis – NZDUSD- treading towards technical resistance where a rejection is probable,
Points to consider,
- Price Action Impulsive
- .618 Fibonacci Resistance
- Swing Low Objective
- 200 MA S/R
- Below Average Volume
NZDUSD’s immediate price action is impulsive under a key S/R zone; a bearish retest will allow us to have a bearish directional bias.
The .618 Fibonacci is in technical confluence, clearing this level will negate the trade setup.
Current swing low is objective, price action exceeding this level will increase the probability of breaking the 200 MA.
The immediate volume node is below average, an influx is highly probable when testing key trade locations.
Overall, in my opinion, NZDUSD is a valid short with defined risk; price action is to be used upon discretion/ management.
Hope this analysis helps!
Thank you for following my work
And remember,
The goal of a successful trader is to make the best trades. Money is secondary. – Alexander Elder
CADJPY Rising Wedge| Daily S/R| 200DMA| Bearish Divergence Evening Traders,
Second analysis for today, I will try to produce two pieces of content daily,
CADJPY – trading under Daily S/R in a bearish formation, a bearish retest is probable here.
Points to consider,
- Rising wedge (bearish pattern)
- Daily S/R (Resistance)
- 200 DMA (Confluence)
- Bearish Divergence (RSI & Stochastics)
CADJPY is trading in a rising wedge under technical resistance, this gives us a bearish bias on the market.
The Daily S/R is likely to be respected, as this is a bearish retest of the level.
The 200DMA is in confluence with the lower Daily S/R. Price is likely to come down for a retest of the structure.
There is a valid double bearish divergence on the oscillators. Indication of weakness is in the market, increasing probability of a bearish retest.
Overall, in my opinion, CADJPY is a valid short with risk defined above Daily S/R. Price action is to be used upon discretion/management of trade.
Hope this analysis help!
Thank you for following my work!
And remember,
“If you can learn to create a state of mind that is not affected by the market’s behaviour, the struggle will cease to exist.” – Mark Douglas
RLCBTC Daily S/R| .618 Fibonacci|Technical Confluence|Swing highEvening Traders,
Today’s Analysis – RLCBTC- in strong uptrend breaking daily S/R. A retest of the level will allow for a long.
Points to consider,
- Immediate trend bullish
- Daily support confluence (.618 Fibonacci & 200MA)
- Swing high (immediate target)
- RSI above 50
- Stochastics flat
- Volume declining
RLCBTC’s trend has been establishing consecutive HH’s and HL’s giving us a bullish bias on the market.
The daily support is a key trade location with multiple technical confluences. The .618 Fibonacci and the 200 MA is likely to be respected upon a back test.
RLCBTC’s swing high is the immediate target; price action breaking this level will increase the probability of trend continuation.
The RSI is currently above 50, likely to dip with the correction, maintaining above 50- midpoint will keep the bullish bias intact.
Stochastics is currently in the lower regions, there is stored momentum to the upside that will coincide with price movement.
Volume is currently declining; this is an indication of an influx being probable at daily S/R as it is the next trade location.
Overall, in my opinion, RLCBTC is a valid long at daily S/R, risk being defined below previous low. Price action is to be used upon discretion/ management of the trade.
What are your thoughts?
Thank you for following my work!
And remember,
“All statistics have outliers. Money management, therefore, is key to the process of good trading.”
― Yvan Byeajee