TDI
Recent LTC Momentum is Not SustainableMost of this recent rush upward was triggered by fat fingers breaking the 0.01 resistance level. TDI and CCI indicate a flattening or steady burn off. Notice how resistance is currently at the 50% fib level. Recent low of December 2018 at 0.007 level lines up nicely with a low from November 2017.
Consensus: Flattening or grinding downward movement
Silver : Negative Interest Rates, QE4, End of PetrodollarAll long-looking indicators point to silver being undervalued vs gold . Top chart shows silver candlesticks vs gold red line as percentage returns since 2006 in the case of these investment trusts. Middle indicator is the Trader's Dynamic Index ( TDI ) which holds a combination of moving average, volatility and momentum trends. Bottom indicator is the infamous Gold:Silver ratio.
Silver is sitting on top of the .382 fib level support shown in the chart, which is where the current cost of production resides around $14.75/oz. Low risk, high reward - this is a perfect setup for those interested in making an inflation play going toward negative rates, QE4 and the end of the petrodollar agreement.
% Returns Analysis: Silver below Gold -> Silver undervalued
Fibonacci Level: Strong support at cost of production near $14.75/oz
TDI: Bullish divergence in formation
Gold/Silver ratio: 83:1 -> Silver undervalued
Note: SLV is not equivalent to owning physical silver. Trade SLV at the risk of fund insolvency and loss of investment - most holdings are suggested to be physical.
Silver is a Screaming BuyAll long-looking indicators point to silver being undervalued vs gold. Top chart shows silver candlesticks vs gold red line as percentage returns since 1998. Middle indicator is the Trader's Dynamic Index (TDI) which holds a combination of moving average, volatility and momentum trends. Bottom indicator is the infamous Gold:Silver ratio.
Silver is sitting on top of the .382 fib level support shown in the chart, which is where the current cost of production resides around $14.75/oz. Low risk, high reward - this is a perfect setup for those interested in making an inflation play going toward negative rates, QE4 and the end of the petrodollar.
% Returns Analysis: Silver below Gold -> Silver undervalued
Fibonacci Level: Strong support at cost of production near $14.75/oz
TDI: Bullish divergence in formation
Gold/Silver ratio: 83:1 -> Silver undervalued
Work on trend: technical analysis of the GBPUSD pairToday the GBPUSD pair gives excellent shots to make money in trend. You can buy from the current, that is, around 1,3100. As for profits, since the work is in trend, it is necessary to keep buying until the appearance of reversal signals. But partial fixation can be carried out at about 1.3250.
Since the recommendation is intraday, the “Ranger” indicator can be used to set stops. The first line of stops can be placed below 1.30. With a probability of about 70%, the price today should not reach this mark.
Let’s clarify this position. The best option of trading, in our view, is work on trend.
In order to evaluate current price movements in terms of availability of trend there, its direction and force, our specialists developed a set of unique incomparable indicators. You can find its description below.
Today we will talk about GBPUSD pair.
We simultaneously have a number of signals on the presence of a downtrend in the pair dynamics, which, moreover, is in excellent shape.
The TDI script signals the predominance of the upward trend (the line is colored blue), whereas is in the blue zone, which indicates that the trend is in progress.
The MSI indicator, which observes market sentiment, is also on the buying side. The histogram is colored blue, that is, buying sentiments are dominant. In so doing the extreme zones are still far away, that is, the growth capability has not been exhausted.
The Kenji script, which is based on an upgraded analysis of the averages, sends a clear signal about the supremacy of the upward flow, and the area between the averages, shaded in blue, indicates that the upward trend is active and relevant. Reaching this zone by current prices is an excellent reason to think about buying a pair here and now.
The ARDI script is colored green, which indicates that the price has moved up quite a bit from its fair value.That is, there are no contraindications for purchases.
Thus, we have another confirmation of the feasibility of buying.
Let’s give some clarification on the set of technical indicators.
The current set composed entirely of incomparable scripts of technical analysis, which you will not find anywhere else.
Each of them has absorbed the long-standing actual trading experience and is an attempt, using the best technical analysis methods that exist today, to take into consideration and avoid their basic deficiencies. What finally allows to get better signals at the output and thus increase the trading efficiency.
«Kenji» Script
Indicator «Kenji» is a brand new look on the average analysis. The main problem of most of the trading strategies and indicators based on average analysis is a number of false signals in case of flat (for example frequent crossing of the averages, frequent changes of the average direction etc). As the result, average analysis can’t show its real power and efficiency.
Indicator «Kenji» using a unique algorithm allows avoiding the most common traps of the average analysis and significantly increasing the quality of the signals by determining the current market situation (using color indication "Kenji" shows in which state the market is now: red color - downtrend, blue one - uptrend, green - flat).
It generates signals for the comfort trading in local trend. The indicator provides information both on the timing of the position entry and timing on profit fixation. Also, it helps to determine the level of aggressiveness of the concrete signal. This makes «Kenji» indicator a very useful tool for amateur and experienced traders.
A full description of the indicator is available at the following link:
«TDI» Script
Each trend can be divided into several phases: the start of the trend, active development, consolidation phase, end of the trend. Obviously, the most interesting phases for trading in trend are the start and active development of the trend. At these phases risk of unsuccessful trading in trend direction is minimal, but profit opportunities, on the contrary, are maximal. Nevertheless, technically it is hard to detect the start of the trend with a big probability of mistake. In this regard, the most promising is the identification and work in the phase of active development of the trend.
The “TDI” indicator is intended for identification of the active phases of a trend.
Using a unique incomparable algorithm, it allows you to determine points in price dynamics, that are most favorable for working in a trend.
A full description of the indicator is available at the following link:
«ARDI» Script
«ARDI» Script - it is a new look at the concept of oscillators. It is used to detect moments of divergence between current prices and fair (theoretical) value of the asset. Significant divergences signal about price entering into overbought/oversold zones. This is a base to open positions which are contrary to the current movement.
Coloring the indicator line in blue - this is a signal about the presence of significant divergences between current and theoretical prices. (the equivalent of the oversold zone).
Coloring the indicator line in red - this is a signal that the current price went down a lot relative to its theoretical price (the equivalent of the overbought zone).
A full description of the indicator is available at the following link:
«MSI» Script
Indicator “MSI” is used to detect dominating market sentiments: bullish (blue color of a histogram), bearish (red color of a histogram) or neutral (green color of a histogram). Besides, it can be used as well for searching the points of market current sentiments changes.
A full description of the indicator is available at the following link:
«Ranger» Script
«Ranger» Indicator allows, based on statistical analysis of data, to calculate the range of fluctuations of the current day with a predetermined probability. The uniqueness of the Ranger is that it makes it possible at the very beginning of the day to determine the maximum and minimum of this day (with a predetermined probability).
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with an already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with a certain probability.
A full description of the indicator is available at the following link:
Work on trend: technical analysis of the USDJPY pairThe best option of trading, in our view, is work on trend.
In order to evaluate current price movements in terms of availability of trend there, it direction and force, our specialists developed set of unique incomparable indicators. You can find its description below.
Today we will talk about USDJPY pair.
We simultaneously have a number of signals on the presence of a downtrend in the pair dynamics, which, moreover, is in excellent shape.
The TDI script signals the predominance of the downward trend (the line is colored red), whereas is in the blue zone, which indicates that the trend is in progress.
The MSI indicator, which monitors market sentiment, is also on the sales side. The histogram is colored red, that is, sales sentiments are dominant.
The KenJi script, which is based on an upgraded analysis of the averages, sends a clear signal about the supremacy of the downward flow, and the area between the averages, shaded in red, indicates that the downward trend is active and relevant.
The ARDI script is colored red, which indicates that the price has moved up quite a bit from its fair value. That is, we should expect its downward reversal.
Thus, we have another confirmation of the feasibility of sales.
You can sell from the current. As for profits, since the work is in trend, it is worth keeping sales before reversal signals.
The “Ranger” indicator can be used to set stops since the recommendation is intraday in nature. The first line of stops can be placed above 109. With a probability of about 70%, the price today should not reach this mark. Although the best will be the stops above 110.
Let’s give some clarification on the set of technical indicators.
The current set composed entirely of incomparable scripts of technical analysis, which you will not find anywhere else.
Each of them has absorbed the long-standing actual trading experience and is an attempt, using the best technical analysis methods that exist today, to take into consideration and avoid their basic deficiencies. What finally allows to get better signals at the output and thus increase the trading efficiency.
«Kenji» Script
Indicator «Kenji» is a brand new look on the average analysis. The main problem of most of the trading strategies and indicators based on average analysis is a number of false signals in case of flat (for example frequent crossing of the averages, frequent changes of the average direction etc). As the result, average analysis can’t show its real power and efficiency.
Indicator «Kenji» using a unique algorithm allows avoiding the most common traps of the average analysis and significantly increasing the quality of the signals by determining the current market situation (using color indication "Kenji" shows in which state the market is now: red color - downtrend, blue one - uptrend, green - flat).
It generates signals for the comfort trading in local trend. The indicator provides information both on the timing of the position entry and timing on profit fixation. Also, it helps to determine the level of aggressiveness of the concrete signal. This makes «Kenji» indicator a very useful tool for amateur and experienced traders.
A full description of the indicator is available at the following link:
«TDI» Script
Each trend can be divided into several phases: the start of the trend, active development, consolidation phase, end of the trend. Obviously, the most interesting phases for trading in trend are start and active development of the trend. At these phases risk of unsuccessful trading in trend direction is minimal, but profit opportunities, on the contrary, are maximal. Nevertheless, technically it is hard to detect the start of the trend with a big probability of mistake. In this regard, the most promising is the identification and work in the phase of active development of the trend.
The “TDI” indicator is intended for identification of the active phases of a trend.
Using a unique incomparable algorithm, it allows you to determine points in price dynamics, that are most favorable for working in a trend.
A full description of the indicator is available at the following link:
«ARDI» Script
«ARDI» Script - it is a new look at the concept of oscillators. It is used to detect moments of divergence between current prices and fair (theoretical) value of the asset. Significant divergences signal about price entering into overbought/oversold zones. This is a base to open positions which are contrary to the current movement.
Coloring the indicator line in blue - this is a signal about the presence of significant divergences between current and theoretical prices. (the equivalent of the oversold zone).
Coloring the indicator line in red - this is a signal that the current price went down a lot relatively to its theoretical price (the equivalent of the overbought zone).
A full description of the indicator is available at the following link:
«MSI» Script
Indicator “MSI” is used to detect dominating market sentiments: bullish (blue color of a histogram), bearish (red color of a histogram) or neutral (green color of a histogram). Besides, it can be used as well for searching the points of market current sentiments changes.
A full description of the indicator is available at the following link:
«Ranger» Script
«Ranger» Indicator allows, based on statistical analysis of data, to calculate the range of fluctuations of the current day with a predetermined probability. The uniqueness of the Ranger is that it makes it possible at the very beginning of the day to determine the maximum and minimum of this day (with a predetermined probability).
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with an already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with a certain probability.
A full description of the indicator is available at the following link:
RIPPLE XRP - Market Progression - LONGRipple has made 2 breakouts from structure and is on it's way to perform the first part of a wave 1 impulse wave.
Through wave one we should see 3 impulses in total and 2 consolidations/corrections.
See my previous analysis back on the 14th of March 2018 (almost 7 months ago).
Although current pricing, to some inexperienced amateurs, may seem like it is reversing... it is not !
The pricing is still within the consolidation zone, as I've marked on the chart. You can see the current price (at the time of writing) is still 8 cents above the low. The level count on this current move is Level 1, and should confirm this once the high is broken, possibly within the next 1 to 3 days.
'TDI' (Traders Dynamic Index) shows that the 'RSI' (Relative Strength Index) is currently at 59 and is close to the center of the bands, where I'm expecting it to bounce again for the next move to Level 2 and Level 3, before the first correction as Elliot wave 2 begins, at around $1.40. Sure it could be lower and it could be higher.
Most likely when Level 1 confirms (means it will break the previous high), it will be a bigger move than from Level 3 'PFL' (Peak Formation Low) to the previous high, thus passing the 80 cents mark. Patience is a virtue as well as removal of emotion, especially in trading. Let the market play out, don't listen to FUD, there are a lot of XRP/Ripple haters out there, I don't understand why, especially if the coin can make you money.
XRP is the only coin, thus far, to have a solid company behind it, has been in development longer than BTC and has a solid business model with contracts signed and already customers using the technology. It costs peanuts to transfer XRP, unlike BTC or any other coin, XRP is faster transfer than BTC and has a real world use, currently with several banks, many more coming online daily, which will ultimately help push daily volume into the trillions. XRP currently has 2nd place in coinmarketcap and I am expecting it to increase even more to eventually take over 1st place. Binance.com has reported yesterday, that XRP volume has surpassed BTC volume, therefore it is only a matter of time until XRP will be the number one coin with the biggest market cap. It will make holders of XRP a huge amount of money, what could be bad about that.
Don't be an amateur, be a professional, look at the charts, understand the charts and act accordingly.
Obviously, nobody can tell the future and trading is a game of probability based on previous structure, fibonacci measurements, experience etc...
Sure anyone can disagree with my analysis, but don't just say you disagree, show me your analysis. However don't be surprised if I don't reply, I'm not interested in debating with people, because it seems Teamviewer is full of trolls and altcoin fanboys who treat trading and crypto coins like barracking for football teams. I'm a professional full time trader, I live from trading, I make money from trading. I don't care about the name of a coin or currency pair, I just care about making money, and I make a lot of it because I know what I'm doing.
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DISCLAIMER: This chart is for sharing and educational purposes only and is not intended to be a signal service or similar.
This chart analysis is only provided as my own opinion, based on my own analysis and comes with absolutely no warranty that this analysis is correct, whatsoever. Do not trade this chart if you do not have your own strategy. Trade only with your own strategy at your own risk. Plan your trade and trade your plan... and IF in doubt, stay out.
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GBP/AUD update---READ!A lot of people view my analysis and like my trades on different social media sites, but I only have 19 views of the video I did yesterday. Analysis means nothing without experience and knowledge. I can't explain a "REAL" trade in a paragraph. GA looks more like it made a running flat on this wave than GN does. There are different ways to look at GA as far as this small wave count, but until it were to complete a correction to confirm something, this is how I handle a setup like this: Exact entry at small reversal pattern at top. Took half profit, slide stop loss into profit and let run (IF IN FROM TOP). Buy entry at small reversal pattern at "4". Scalp half profit, let half run to go up to supply zone. Await for more price action.... My youtube link is below. If you want to attempt to trade my analysis, watch the most recent live stream you see there, doesn't matter if you miss it live. Makes no difference. Please like and share, it's very good free information....
Gbp/Aud It's hitting 200 MA on weekly. Also intersecting pitchforks. I was waiting on price action. Looks like a sell. It may just be a london close for a running flat type structure if it wanted to extend up, possible very large sell. Eur/Aud right off 1.236 extension. Possible MASSIVE sells on those.
Eur/Gbp See that weekly price action?....I can never say for certain the exact moment a monster trade turns, all I know, is I pointed out the sell from the very tip (hopefully here depending where you are reading this) and I am convicted to take my chances and just let it run. This is because we did have a completed 5 wave, seem to still be in correction, and considering that a price action channel like that is the kind that when price breaks it can make a big move. I encourage you to throw on that TDI indicator, a 200MA and 800MA and look at the TDI on the Monthly chart (divergence and now turned down). Then scroll down through the time frames all the way to the 1hr looking at those MA's.
Eur/Usd Divergence example-TDII am just posting what I am showing my group because I always get questions about divergence. I trade wave patterns though, but indicators are helpful to use once you get used to using one. But this may just be a retrace for a longer wave "C" right now which seems to be what we are on. I will post my full analysis later on when I get a chance.
Eur/Gbp had a perfect entry for shortI posted exact entry on this sell last night, just not on tradingview. You see the .618 fib level that it just found support at. That's the level I would like to see it break. I believe there is huge potential downside on this to break the low. Right now on 1 and 4hr it looks like it might pull up. It is right now. If you bought it (I'm not), you may get lucky and go up to break the high, but I'm looking for that next downside move. Hoping for a flag and a break of that level. We'll see. I marked the major levels to watch for you.
GBP/CAD 7 swing, looking for at least a buy scalp...Gcad showed some price action showing potential reversal for retracement. It did pull back in a small 3 wave rejecting the fib level. But since then has been making a 7 swing wxy that measures out to break trend line and reverse, which is very typical. TDI shows it be in a sell on the 1 and 4hr charts, but daily looks like more room up to me. Just understand you are trading within a correction so there are different possibilities of how it plays out. It can finish correcting and just continue down, but it can also turn into a running flat, pulling up much more.
Gold updateBoom goes the dynamite. Wave 4 initiated. Channel looks like 38%. I adjusted the levels. If you were like me, you got stop in profit, on to the next one. Just keep in mind we are trading fibonacci and not price action reversal, but the fibs are strong across the board. Check out my XAU/USD 7 swing lining up with the 1.236 trend fib extension. Just keep in mind these moves can shoot, but if XAU/USD is doing a wave 4 retrace, then it will be corrective and boring.