Z1P take profit!In my humble opinion we have entered a parabolic section on Z1P. looking at exiting at $1.535 for a few reason with a pull back to the 61.8% level!
Bump run on the longer term and on the intraday right now which is giving us a good exit signal, including MASSIVE BEAR DIV. on the RSI
All of these signals make it to tantalizing to pass up!
looking at an take profit exit and then a swing down entry for 1 last long!
Stay Vigilant
Good luck & happy trading homies!
DYOR!
Takeprofit
BTCUSD: exit longsI'm sitting out of trading at the moment but I am charting daily!
as you can see we have CLEAR BEAR DIV. on our RSI indicating a pull back, also on the 4HR we can see negligible Shorts and Longs moving up through the roof. Price acction can not trend with sentiment over the long term, ie if LONGS are moving up price has to pull back...
i would look to short this price on a smaller leverage and enter in higher leverage if price action begins to increase. If you aren't interested in SHORTING than this is a good oppurtunity to exit BTC back into USD in another stable coin of your preference!! I would be looking to TP and swing down for a re-entry!
please stay vigilant!
happy trading homies!!
** I am glued to charts everyday trading and if not trading charting for fun! i will update when i can and i will upload when i can. My account has had limited uploads over this BEAR period however my charting and attention to trades has been as high and as full time as ever!!
DYOR.
EU - NU - AU 4H Range Bullish TradesDon't trade all three (EU, NU, AU) of these USD pairs
Watch this pair (AU) to make the move back bullish to ma's
If it does it confirms other two trades
EXIT - If AU falls back below range bottom - EXIT.
Market may not have timing right for bullish move yet
If market isn't ready on first move
then be ready to enter long again
on second or third bullish move attempt
NZDUSD 4H Long Trade
Buy Stop @ .6753
1st Buy Take Profit @ .6789
2nd Buy Take Profit @ .6810
SL below swing low
GBPAUD 4H RANGE TRADE LONGPrice has been in a range pattern
Price may be in a failed bearish range breakout
If price returns back into the bottom range
Long Trade
Buy Stop @ 1.7930
Buy Take Profit is the 100 sma
SL below swing low
Watch Macd to cross above Red Signal line and Zero line for bullish confirmation
MACD TREND FOLLOWING STRATEGYEURUSD 30M CHART
This strategy is a setup for a Long continuation trade
(Rules for A Buy Trade)
Step #1: Wait for the MACD lines to develop a higher high followed by a lower high swing point.
This is an unorthodox approach to technical analysis. But, we at Trading Strategy Guides.com are different. We don’t mind doing uncomfortable things if that’s what it takes to succeed in this business.
The first rule of thumb to recognize a swing high on the MACD indicator is to look at the price chart if the respective currency pair is doing a swing high the same as the MACD indicator does. A higher high is the highest swing price point on a chart and must be higher than all previous swing high points. While a lower high happens when the swing point is lower than the previous swing high point.
Step #2: Connect the MACD line swing points that you have identified in Step #1 with a trendline
This step is quite simple, right?
At this point, we really ignored the histogram because much of the information contained by the histogram is already showing up by the moving averages. Look at the price action now and compare it to our MACD trendline we drew early. We can clearly notice that the MACD contains the price action much better and reflects the trend much clear.
But, at this point, we’re still not done with the MACD indicator, which brings us to the critical part of our MACD Trend Following Strategy.
Step #3: Wait for the MACD line to break above the trendline. (Entry at the market price as soon as the MACD line breaks above)
When the MACD line (the blue line) crosses the signal line (the orange line) it’s an early signal that a bullish trend might start. However, if trading would be that easy we would all be millionaires, right? And that’s the reason why our MACD Trend Following Strategy is so unique. We’re not only waiting for the MACD moving averages to cross over but we also have our other criteria for the price action to break aka the trend line we drew early.
This is a clever way to filter out the false signals, but you have to be equipped with the right mindset and have patience until all the piece of the puzzle come together. If you were to trade just based on the MACD crossover over time you’ll lose money because that’s not a reliable strategy. But if you use the MACD indicator along with other cafeterias such what this strategy tells you to do, you will find great trade entries on a consistent basis.
Step #4: Use Protective Stop Loss Order. (Place the SL below the most recent swing low)
Now, that you already know how to enter a trade at this point you have to learn how to manage risk and where to place the SL. After all, a trader is basically a risk manager.
You want to place your stop loss below the most recent low, like in the figure below. But make sure you add a buffer of 5-10 pips away from the low, to protect yourself from possible false breakouts.
Did you notice?
The MACD Trend Following Strategy triggered the buy signal right at the start of a new trend and what is most important the timing is more than perfection. We bought EUR/USD the same day the bullish trend started.
Now, what this has to do with the SL?
Basically, a good entry price means a smaller stop loss and ultimately it means you’ll lose a lot less comparing it with the profit potential, so a positive risk to reward ratio.
Step #5: You determine your Take Profit or when the MACD crossover happens in the opposite direction of our entry
Knowing when to take profit is as important as knowing when to enter a trade. However, we want to make sure we don’t use the same trading technique as for our entry order. When the MACD line (the blue line) crosses the signal line (the orange line) we want to close the position and take full profits.
Before taking profits, it’s important to wait for the candle close – either the 4h or the daily candle – depending on the time frame you trade so you make sure the MACD crossover actually happens.
Note** The above was an example of a buy trade using the MACD Trend Following Strategy. Use the exact same rules – but in reverse – for a sell trade.
NZDUSD 4H RANGE TRADESPrice is above 100 sma
Price could continue up to the 50 sma
Price usually moves sideways awhile when in-between 100 and 50 sma
Price may breakout above 50 sma and retest range top
Enter bullish breakout on a 15m chart with a break-hook-go candle pattern
Price could fail above 100 sma and cross below it again
Sell Stop @ 1.6725
Sell Take Profit @ 1.6690
Find appropriate SL
ES1!: ABCD completion with negative MACD divergenceThis is a follow-up from my 27th Dec call for a counter-trend rally to the 2,700 region. Right now the ES1! is 59 points away from the target and:-
#1 At the 50% retracement level
#2 Completed an ABCD from the trough
#3 Negative divergence between the MACD and price action.
#4 There is a little tiny wedge for which the upside target has been achieved.
Being long or buying at these levels simply ignores the fact the Donald has not left any room for negotiation either on Chinese trade or the government shutdown. His goals in both instances are so extreme that anything less would result in a roasting by Fox News while it is impossible for the Chinese or the Democrats to agree to the Donald's more extreme demands. The Dealmaker has boxed himself in and thrown away the keys.
In other words, it is time to take money off the table and wait for the next trade.
GBPUSD 4H SHORT TRADEPair has not created a new high
Macd is below Red signal so bearish bias trade
800 sma is creating a resistance level
Price may re-test 800 sma - expect failure and price to continue bearish bias
Short Trade
Sell Stop @ 1.2829
1st Sell Take Profit @ 1.2799
2nd Sell Take Profit @ 1.2770
3rd Sell Take Profit @ 1.2736
Take 1/3 profit at 1st and 2nd TP levels
Close trade is Mace goes above Red signal line
SL above closest fractal high
BITCOIN INDICATOR - ALL MARKETS/TIME FRAMES - BOTH DIRECTIONSBitcoin Signal Indicator trades all markets and time frames
Bitcoin Signal Indicator trades both directions
Bitcoin Signal Indicator finds Entry Point - TP - SL
Bitcoin Signal Indicator SL will adjust to a trailing stop as trades profits
PM me if you have any questions i can help you with on our Bitcoin Signal Indicator
USDCAD 4H SHORT TRADESPrice is moving between 50 sma and 100 sma
Price may rise back to 50 sma again before falls to 100 sma
Sell Limit @ 1.3567
Sell Limit TP - take 1/2 profit @ 1.3480
Let rest of trade ride
Price can currently fall to 100 sma and break below
Sell Stop @ 1.3480
1st Sell Stop TP @ 1.3427 - take 1/2 profit let rest ride
2nd TP close all trades @ 1.3364
SL placed above high
Adjust SL as price falls
$INP Sell Day Trade StrategyINP had a great increase on the 31st.
However currently exhibiting:
MACD: overbought
RSI: overbought
Strong indication for a down trend, great opportunity to sell and take a profit if entered at opening price @0.040
Will be monitoring movements, depending on popularity and demand proposed strategy is as follows:
Enter: @0.049
Take-profit: @0.056 (at least)
Stop Loss: @0.045
BITCOIN SIGNAL STRATEGY INDICATOR FINDS TRADES BOTH DIRECTIONSBitcoin Signal Strategy Indicator works on all Crypto pairs
Bitcoin Signal Strategy Indicator works on all markets and time frames
Bitcoin Signal Strategy Indicator finds entry and exit points
Based on a ATR trading strategy
PM me if you have any questions I can help you with on this great indicator