Daily Checklist Before The Market Opens | Sep-16 2021Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍
Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace.
Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions and temptations 😉
This selfish moment may also serve you well 😁 as my findings may guide you into understanding the markets better, or may simply act as a second opinion after you have performed your own analysis 👏
The rationale of my analysis is detailed on the chart itself so you don't need to look up and down.
Below you will simply find the results of my process applied to other four relevant markets I always check before I trade.
Trade well!
OIL: NYMEX:CL1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: YES
🎯Stats: 4 out of 6.53
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 74.23-72.93
🛸Buy UFOs: 71.22-69.51
3️⃣Options IV: 32.38%
🚀Daily Expected Move: ±1.48
🚀Weekly Expected Move: ±3.26
🚀Monthly Expected Move: ±6.78
GOLD: COMEX:GC1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 1 out of 6.23
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 1866.0-1804.4
🛸Buy UFOs: 1759.6-1742.6
3️⃣Options IV: 15.14%
🚀Daily Expected Move: ±16.98
🚀Weekly Expected Move: ±37.37
🚀Monthly Expected Move: ±77.80
DOLLAR: ICEUS:DX1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 1 out of 5.43
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 93.750-93.455
🛸Buy UFOs: 92.310-91.800
3️⃣Options IV: 4.93%
🚀Daily Expected Move: ±0.29
🚀Weekly Expected Move: ±0.63
🚀Monthly Expected Move: ±1.32
BITCOIN: ICEUS:BTM1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: NO
🎯Stats: 2 out of -
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 57975.0-54500.0
🛸Buy UFOs: 41460.0-47437.5
3️⃣Options IV: 92.38%
🚀Daily Expected Move: ±2770.18
🚀Weekly Expected Move: ±6098.26
🚀Monthly Expected Move: ±12694.54
I believe now you know why UFO and 3D are part of my name…
Feel free to private-message me and share more about your trading style if you are too attracted by those UFOs 💪
*This daily post is not intended to be used as financial advice
Traddictiv
Daily Checklist Before The Market Opens | Sep-15 2021Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍
Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace.
Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions and temptations 😉
This selfish moment may also serve you well 😁 as my findings may guide you into understanding the markets better, or may simply act as a second opinion after you have performed your own analysis 👏
The rationale of my analysis is detailed on the chart itself so you don't need to look up and down.
Below you will simply find the results of my process applied to other four relevant markets I always check before I trade.
Trade well!
OIL: NYMEX:CL1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: YES
🎯Stats: 3 out of 6.55
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 74.23-72.93
🛸Buy UFOs: 60.77-58.73
3️⃣Options IV: 33.63%
🚀Daily Expected Move: ±1.52
🚀Weekly Expected Move: ±3.34
🚀Monthly Expected Move: ±6.94
GOLD: COMEX:GC1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: NO
🎯Stats: 1 out of 6.15
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 1866.0-1804.4
🛸Buy UFOs: 1759.6-1742.6
3️⃣Options IV: 15.02%
🚀Daily Expected Move: ±17.06
🚀Weekly Expected Move: ±37.56
🚀Monthly Expected Move: ±78.19
DOLLAR: ICEUS:DX1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: NO
🎯Stats: 3 out of 4.83
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 93.750-93.455
🛸Buy UFOs: 92.310-91.800
3️⃣Options IV: 5.12%
🚀Daily Expected Move: ±0.30
🚀Weekly Expected Move: ±0.66
🚀Monthly Expected Move: ±1.37
BITCOIN: ICEUS:BTM1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: NO
🎯Stats: 1 out of -
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 57975.0-54500.0
🛸Buy UFOs: 41460.0-47437.5
3️⃣Options IV: 92.43%
🚀Daily Expected Move: ±2750.42
🚀Weekly Expected Move: ±6054.78
🚀Monthly Expected Move: ±12604.02
I believe now you know why UFO and 3D are part of my name…
Feel free to private-message me and share more about your trading style if you are too attracted by those UFOs 💪
*This daily post is not intended to be used as financial advice
Daily Checklist Before The Market Opens | Sep-14 2021Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍
Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace.
Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions and temptations 😉
This selfish moment may also serve you well 😁 as my findings may guide you into understanding the markets better, or may simply act as a second opinion after you have performed your own analysis 👏
The rationale of my analysis is detailed on the chart itself so you don't need to look up and down.
Below you will simply find the results of my process applied to other four relevant markets I always check before I trade.
Trade well!
OIL: NYMEX:CL1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: NO
🎯Stats: 2 out of 6.56
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 74.23-72.93
🛸Buy UFOs: 60.77-58.73
3️⃣Options IV: 32.74%
🚀Daily Expected Move: ±1.46
🚀Weekly Expected Move: ±3.22
🚀Monthly Expected Move: ±6.71
GOLD: COMEX:GC1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 5 out of 6.23
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 1866.0-1804.4
🛸Buy UFOs: 1759.6-1742.6
3️⃣Options IV: 15.09%
🚀Daily Expected Move: ±17.00
🚀Weekly Expected Move: ±37.41
🚀Monthly Expected Move: ±77.88
DOLLAR: ICEUS:DX1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: YES
🎯Stats: 2 out of 4.83
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 93.750-93.455
🛸Buy UFOs: 92.310-91.800
3️⃣Options IV: 5.16%
🚀Daily Expected Move: ±0.30
🚀Weekly Expected Move: ±0.66
🚀Monthly Expected Move: ±1.38
BITCOIN: ICEUS:BTM1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 5 out of -
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 57975.0-54500.0
🛸Buy UFOs: 41460.0-47437.5
3️⃣Options IV: 92.55%
🚀Daily Expected Move: ±2688.84
🚀Weekly Expected Move: ±5919.21
🚀Monthly Expected Move: ±12321.83
I believe now you know why UFO and 3D are part of my name…
Feel free to private-message me and share more about your trading style if you are too attracted by those UFOs 💪
*This daily post is not intended to be used as financial advice
Daily Checklist Before The Market Opens | Sep-13 2021Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍
Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace.
Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions and temptations 😉
This selfish moment may also serve you well 😁 as my findings may guide you into understanding the markets better, or may simply act as a second opinion after you have performed your own analysis 👏
The rationale of my analysis is detailed on the chart itself so you don't need to look up and down.
Below you will simply find the results of my process applied to other four relevant markets I always check before I trade.
Trade well!
OIL: NYMEX:CL1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: NO
🎯Stats: 1 out of 6.58
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 74.23-72.93
🛸Buy UFOs: 60.77-58.73
3️⃣Options IV: 33.54%
🚀Daily Expected Move: ±1.49
🚀Weekly Expected Move: ±3.28
🚀Monthly Expected Move: ±6.83
GOLD: COMEX:GC1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 4 out of 6.23
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 1866.0-1804.4
🛸Buy UFOs: 1759.6-1742.6
3️⃣Options IV: 15.15%
🚀Daily Expected Move: ±17.10
🚀Weekly Expected Move: ±37.63
🚀Monthly Expected Move: ±78.34
DOLLAR: ICEUS:DX1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: YES
🎯Stats: 1 out of 4.83
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 93.750-93.455
🛸Buy UFOs: 92.310-91.800
3️⃣Options IV: 5.11%
🚀Daily Expected Move: ±0.30
🚀Weekly Expected Move: ±0.66
🚀Monthly Expected Move: ±1.37
BITCOIN: ICEUS:BTM1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 4 out of -
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 57975.0-54500.0
🛸Buy UFOs: 41460.0-47437.5
3️⃣Options IV: 92.01%
🚀Daily Expected Move: ±2579.84
🚀Weekly Expected Move: ±5679.25
🚀Monthly Expected Move: ±11822.30
I believe now you know why UFO and 3D are part of my name…
Feel free to private-message me and share more about your trading style if you are too attracted by those UFOs 💪
*This daily post is not intended to be used as financial advice
HOW-TO Determine If It Is Time To Buy Or Sell With AutoClimateHOW-TO Determine If It Is Time To Be A Buyer Or A Seller
What does this invite-only script do?
This app aims to assist when identifying which one is the right side of the market in which to trade: long, or short, or simply doing nothing and avoiding trading.
The above concept is the reason for the name of this indicator: “Climate”, as this word defines the current market environment and therefore helps when planning a new trade to be executed.
The desired trade duration (position, swing or intraday trades) would depend on the time interval (time-frame) selected when applying the indicator. A common practice in the industry consists of assessing the current market environment (climate) by using a larger time-frame and plan specific trades using lower time-frames to reduce the dollar-risk of the trade. Ultimately, this type of process and decisions correspond to the user of this app.
How to manually insert this indicator into a TradingView chart?
Locate the upper toolbar within the Chart where you plan to insert this indicator, Click on Indicators and Click on Invite-Only Scripts
Select “!AutoClimate” by left-clicking on it
Note: Once this app is inserted in a chart it then needs to be calibrated. Please refer to the Section on Calibration to understand how to perform this process.
Which components are displayed?
The example illustrates the various components available when using AutoClimate™ applied to a chart:
Dots: Their colour point at the direction in which a market is likely to move where ruby represents down-markets and sapphire represents up-markets.
Thin dots represent unconfirmed market conditions (climate) and thick dots represent confirmed market conditions (climate).
ATR Spread: The size of the “ATR Spread” vertical line represents the distance from the current price on the chart to an average “ideal” trading price. The distance is measured in multiples of a standard ATR (Average True Range) calculation applied to the current time-frame.
When the line is above the dot it means that the price of that market is at a certain distance away from the “ideal” average price and moving in the expected direction defined by the dot colour (ruby is down, sapphire is up).
When the line is below the dot and becomes grey colour, it means that the market is no longer moving in the expected direction and that the “ideal” average price has been exceeded.
Stats: The app displays 4 digits with relavant information which depends on the amount of data loaded on the chart:
Distance (measured as an ATR-multiple) from the current price to an average “ideal” price
Statistical duration of up-markets measured in amount of candles
Statistical duration of down-markets measured in amount of candles
Amount of candles corresponding to the current market condition (up or down)
Assessing the Settings Menu and Calibrating the app?
Calibration is a key process in defining how the analysis is carried out and will impact the potential results obtained by the user using this app. The calibration input is down to the user’s personal judgement and is at their own risk.
Calibrating the app is done by changing the user inputs.
Access the input dialog box by following the below steps:
Locate the AutoClimate™ indicator title on the bottom left part of your chart
Click on the Settings wheel
Notice the default calibration settings are set to 9, 14, 14. Feel free to change to any value of your choice.
click "OK"
Below is a description of the various input fields:
EMALength: Can be any value, and refers to the amount of bars used to calculate an Exponential Moving Average (EMA) that is used by the app in order to assess the Market Climate
DMILength: Can be any value, and refers to the amount of bars used to calculate the Directional Movement Values (DMI) that are used by the app in order to assess the Market Climate
ATRLength: Can be any value, and refers to the amount of bars used to calculate the Average True Range (ATR) Value that is used by the app in order to measure how far the current price is from the “ideal” average trading price
Legal Considerations
Disclaimer:
When using this App you understand and acknowledge that the risk of trading can be substantial and that each investor and/or trader must personally consider whether this is a suitable investment. Past performance, whether actual, or indicated by simulated historical tests of indicators, is not indicative and in no way a guarantee of future results. Your actual trading may result in profits or losses as no trading system is, or can be, guaranteed.
By using this app, you accept full responsibility for your actions, the trades taken and any profits and losses made. You also agree not to hold the developer of this app responsible for any outcome arising out of your use of this app.
HOW-TO Add Precision To Entries & Exits With AutoUFOs (patented)HOW-TO Add Precision To Entries & Exits With AutoUFOs (patented)
What does this invite-only script do?
This app aims to plot Price regions in a chart where potential BUY and/or SELL Orders are in a pending state. Those potential Orders are expected to be in waiting mode and could be executed once that market revisits or returns to those Price regions.
The above concept is the reason for the name of this indicator: Un-Filled Orders (UFOs).
Once those potential Un-Filled Orders are filled, a bounce or movement is likely to happen and therefore those UFO areas could be selected for Entries and/or Exits for any type of trade or investment. This may include but is not limited to long-term, intermediate-term, short-term or hedging.
The desired trade duration (position, swing or intraday trades) would depend on the time interval (time frame) selected when applying the indicator. For example; by applying the indicator to a chart selected with a daily time interval this is likely to produce trades that could potentially last multiple days or applying it using a 60 minute time interval would likely produce trades that could last a few hours and so on.
Note: Those Price regions identified are referred to as UFOs and are automatically plotted in the form of oval shapes in the charts which are also known as “Flying Saucers”.
Note: This app can be applied to any interval based on Time (Second, Minute, Daily, Weekly and Monthly Bars), ranges or other.
The visual example displays Green and Red UFO Price areas in a chart where Green would suggest that BUY Un-Filled orders may be waiting and Red would suggest that SELL Un-Filled orders may be waiting to be filled. A trader could decide to buy when Price enters the Green UFO and sell when Price enters the Red UFO.
Based on that concept, those colored UFOs could be selected to plan trades where a trader, investor or a hedger;
is planning to catch and ride a Market move and profit from it (Directional Strategies: Enter or Exit Long or Short Positions). They are expecting that the market will move in a certain direction after hitting and reacting to those Un-Filled Orders (colored areas in the chart) and later reach a certain Exit Price.
is planning to profit from selling Out of The Money (OTM) options and collect time decay as these traders are hoping that they will expire OTM (Non-Directional Options Strategies such as Iron Condors, Credit Spreads, Strangles, Straddles, etc.: Profit from time passing while a Market trades within a Range or sideways). They are expecting that a market will not reach a certain point in the chart before a certain date and sell or write options to collect premium waiting for their expiration date while price stays within certain limits without surpassing the Strike Price of the Options sold.
How to manually insert this indicator into a TradingView chart?
Step 1: Locate the upper toolbar within the Chart where you plan to insert this indicator, Click on Indicators and Click on Invite-Only Scripts
Step 2: Select “AutoUFOs” by left-clicking on it
Note: Once this app is inserted in a chart it then needs to be calibrated. Please refer to the Section on Calibration to understand how to perform this process.
Which components are displayed?
The example illustrates the various components available when using AutoUFOs®:
UFO Bands: Are a visual representation of Price regions in a chart where BUY and/or SELL Orders are potentially still in a pending state: Un-Filled Orders (UFOs).
Different Colors...
Green UFOs would suggest that BUY Un-Filled Orders may be available and Red UFOs would suggest that SELL Un-Filled Orders may be available and waiting to be filled.
4 possible colors are available to visually represent UFOs. Two are variations of Red and the other two are variations of Green.
The app assumes that the “purer” the color the greater the potential for a larger amount of Un-Filled Orders.
- Red
Pure Red
Maroon Red
- Green
Pure Green
Olive Green
Flying Saucers: The round Flying Saucers are located where the app identifies the greatest concentration of Un-Filled Orders. The app highlights where the key price points are by plotting inner circles within the UFO Band.
UFO Price Labels: The two figures displayed point at the upper part of the UFO Band and the lower part of the UFO Band.
What Visual settings are available?
TradingView has an enormous amount of available customizations that impact the visual look of a chart and the indicators in it, hence our AutoUFOs® app can look slightly different depending on some of those customization settings.
Below are a few options that have been proven useful to some of our app users. Keep in mind that TradingView often adds new settings and functionality and therefore other settings not covered in this how-to idea could be helpful as well.
To access the customization menu left-click on the wheel located on the bottom right part of the chart.
Indicator Last Value Label: Left-click to check or uncheck. This setting will display or hide the UFO Price Labels.
No Overlapping Labels: Left-click to check or uncheck. This setting will stop or allow the UFO Price Labels to overlap.
Apart from the above customization options, AutoUFOs® for TradingView has one important input that varies the way on how the UFO Bands are displayed on the screen.
To access this input locate the "AutoUFOs" indicator title on the upper left part of your chart and click on the settings wheel.
HideHitUFOs: Left-click to check or uncheck. This setting will display UFO Bands with a greater or a lesser concentration of Un-Filled Orders.
Note: The grey UFO Bands represent areas of price with a lesser concentration of Un-Filled Orders and therefore these are likely to produce lower probability trades.
How to calibrate this app?
Calibration is a key process in defining how the analysis is carried out and will impact the potential results obtained by the user using this app. The calibration input is down to the user’s personal judgement and is at their own risk.
A few steps will be needed to calibrate AutoUFOs®. The following steps will need to be repeated in a cycle until the app user is satisfied with the results.
Step 1: Access the input dialog box by following the below steps:
Locate the AutoUFOs indicator title on the upper left part of your chart.
Click on the settings wheel.
Notice the default calibration setting is set to 0.5. Feel free to change to any value between 0 and 1.
click "OK"
Step 2: Find and left-click on the “Replay” button located in the upper part of your chart. This will get you ready to begin a back-test process in order to adjust the calibration input.
Step 3: Notice the vertical red line. Move it to a desired date/time in the past and left-click in order to set that date/time as the origin of the back-test.
Step 4: A new chart will load with the last bar on the chart being the one where the above vertical red line was located. Use the rectangle drawing tool to mark two UFO Bands of your choice where one should be Green and the next one should be Red or vice-versa.
Step 5: Once this is done you are ready to replay the market and observe how this market reacted to your current settings. Using the replay bar, click on play and observe the movement of the new candles forming until price touches one of your rectangles and make notes to report if price turned and reached the rival UFO Band marked with the opposing rectangle or if price didn't react properly to the UFO Band you selected.
Note: When performing this process you could certainly add additional rules that you may have in your current trading plan and combine those rules while you perform this back-test process.
Note: Since some failed trades are to be expected, one of the objectives of this calibration process is to fine-tune the settings of the app in a way where you gain an adequate performance and by doing so you become familiar with its functionality and while you begin developing the skillset needed to trade efficiently with it.
Step 6: In order to exit the chart replay mode, click on the cross located on the right extreme of the “Replay” floating tool bar
Step 7: If this exercise was satisfactory enough, you could decide that the Calibration parameter used will be the one you would use for your trades moving forward. If you are not fully satisfied with the statistical performance obtained, you would need to go back to Step 1, change the calibration input to a greater or lesser value between 0 and 1 and redo the above back-test process until reaching results that are satisfactory enough.
Note: When performing this process you could chose to use the AutoUFOs® app by itself, calibrate it and then add additional trading rules when trading, or you could run the process and combine your trading rules together with the app and run the calibration process altogether.
Note: The chart replay mode does not work with continuous futures ticker symbols such as ES1!, CL1! or GC1!. When calibrating the app to trade Futures products you would need to avoid using continuous ticker symbols and use contract-specific ticker symbols.
Examples on how to use this app?
The following approaches describe two different ways on how a trader, investor or a hedger could use this app. There probably are many other ways to make this app useful and we would love to receive your suggestions and know more about your experiences as well. Please treat the following examples for demonstration purposes and feel free to comment below and phrase your questions, experiences and ideas.
Going Long (by Buying Low and Selling High in order to profit from a rising market)
or Going Short (by Selling High and Buying Low in order to profit from a falling market)
The thought behind Going Long or Going Short is to enter a market ready to catch and ride a market move in a given direction and profit from it: Going Long would profit from an upwards move, where Going Short would profit from a downwards move.
In order to do so, the opening and closing time of the trade is critical since entering or exiting too soon or too late would end up in a problematic situation. The Un-Filled Orders (UFOs) concept behind the AutoUFOs® app could certainly be useful when aiming to identify the best moment to initiate a trade and when to finalize it and collect any profit that may have been produced.
Selling Options and keep the Premium collected
The thought behind Selling Options and keep the Premium collected is based on identifying certain places on a price chart that are not likely to be reached and Sell Options with strike prices beyond those places.
The Options contracts sold would be Out of the Money (OTM) and they would remain OTM until their expiration date as long as the Market price does not reach the Strike price of the Options sold within that given period of time.
If all of the above was true, the trader would have collected the Premium for selling those Options that would expire worthless, allowing the trader to keep that previously collected Premium.
The Un-Filled Orders (UFOs) concept behind the AutoUFOs® app could be useful to theoretically identify certain places on a chart that are likely or unlikely to be reached anytime soon.
Keeping in mind the concept that when a market enters a UFO the expectation would be to see a reaction or a bounce from that price region adding duration to a trade. Think of a case where those UFOs are quite far from the current available price or cases where there are multiple UFOs upon UFOs. In this instance it would be reasonable to expect that a market with these characteristics is unlikely to surpass any of those UFOs anytime soon and therefore an Options trader could capitalize on a setup like this by Selling Options where price is unlikely to reach.
In addition to this, time passing would lead to a decay of the Options Premiums helping this type of trade to accumulate profitability little by little, keeping in mind that nothing stops time from passing.
Furthermore, think in terms of probability and ask yourself the following question: what is of a higher probability? To determine with precision where a market is going to turn and where it is headed to, or to determine where a market is not likely to go within a certain amount of time?
If you would rather choose the second case you may be interested in using advanced Options Strategies such as Iron Condors where a profit would be produced from time passing while a Market trades within a Range or sideways. In other words while a Market remains trading within a Range defined by Red UFOs and Green UFOs causing its price to remain range bound during a given period of time as a consequence of the potential bounces produced when its ¬¬price travels from UFO to UFO (Green-to-Red or Red-to-Green).
Note: In all cases described in this how-to idea, it would be advisable to have a contingency plan on what to do in case a market moves against the trader, investor or the hedger. The use of Stop Market Orders, Protective Long Options Contracts or any other type of risk management technique could be useful. These sort of decisions are to be taken by the user of this app.
Legal Considerations
Disclaimer:
When using this App you understand and acknowledge that the risk of trading can be substantial and that each investor and/or trader must personally consider whether this is a suitable investment. Past performance, whether actual, or indicated by simulated historical tests of indicators, is not indicative and in no way a guarantee of future results. Your actual trading may result in profits or losses as no trading system is, or can be, guaranteed.
By using this app, you accept full responsibility for your actions, the trades taken and any profits and losses made. You also agree not to hold the developer of this app responsible for any outcome arising out of your use of this app.
EURUSD: Short towards 1.1810 [15M]AutoUFOs by tradewithufos identifies an intraday location where a high concentration of is likely to be placed.
Trade Opportunities
- we can look to down towards 1.1810 counter trend; OR
- enter at the BUY UNFILLED ORDERS area with the trend
Risk Management
- above 1.1870
- below 1.1790
Trade Management
- Profit targets anywhere between 1.1870 and 1.1790 closing trade by the end of the day
- Cancel any unfilled orders by the end of the day
NZDJPY 2h AutoUFOs™ Trade Alert! 05 Jun 2020Basic Approach:
-Short Entry @ 70.85
-Protective Stop Loss @ 71.10
-Take Profit @ 70.35
Rationale:
-Sell Un-Filled Orders (Red UFO ) available in the 2h time-frame
-Buy Un-Filled Orders (Green UFO ) further below allowing for the current trend to continue developing
Boosting Options:
-Trade in the direction set by the overall Market Environment
-Select Take Profit Targets located at a reasonable/achievable distance
-Higher time-frame key price points such as moving average values or Fibonacci retracements coinciding with the entry price
-Confirmation-style Market Order execution after waiting for price to travel in and out of the entry UFO
-Apply Trade Management techniques to lock in profits once the trade begins moving in the right direction
--------
They are many ways on how to trade, but prices would not move unless Un-Filled Orders (UFOs) get filled.
Join our YouTube Channel ‘tradewithufos’ and be notified of upcoming live trading sessions.
Disclaimer:
We do not provide investment advice, nor provide any personalized investment recommendations and/or advice in making a decision to trade. Before you start trading, please make sure you have considered your entire financial situation, including financial commitments and you understand that trading is highly speculative and that you could sustain significant losses.
EURNZD 1h AutoUFOs™ Trade Alert! 04 Jun 2020Basic Approach:
-Short Entry @ 1.7650
-Protective Stop Loss @ 1.7695
-Take Profit @ 1.7605
Rationale:
-Sell Un-Filled Orders (Red UFO ) available in the 1h time-frame
-Buy Un-Filled Orders (Green UFO ) further below allowing for the current trend to continue developing
Boosting Options:
-Trade in the direction set by the overall Market Environment
-Select Take Profit Targets located at a reasonable/achievable distance
-Higher time-frame key price points such as moving average values or Fibonacci retracements coinciding with the entry price
-Confirmation-style Market Order execution after waiting for price to travel in and out of the entry UFO
-Apply Trade Management techniques to lock in profits once the trade begins moving in the right direction
--------
They are many ways on how to trade, but prices would not move unless Un-Filled Orders (UFOs) get filled.
Join our YouTube Channel ‘tradewithufos’ and be notified of upcoming live trading sessions.
Disclaimer:
We do not provide investment advice, nor provide any personalized investment recommendations and/or advice in making a decision to trade. Before you start trading, please make sure you have considered your entire financial situation, including financial commitments and you understand that trading is highly speculative and that you could sustain significant losses.
USDCAD 1h AutoUFOs™ Trade Alert! 03 Jun 2020Basic Approach:
-Long Entry @ 1.3435
-Protective Stop Loss @ 1.3405
-Take Profit @ 1.3465
Rationale:
-Buy Un-Filled Orders (Green UFO ) available in the 1h time-frame
-Sell Un-Filled Orders (Red UFO ) further above allowing for the current trend to continue developing
Boosting Options:
-Trade in the direction set by the overall Market Environment
-Select Take Profit Targets located at a reasonable/achievable distance
-Higher time-frame key price points such as moving average values or Fibonacci retracements coinciding with the entry price
-Confirmation-style Market Order execution after waiting for price to travel in and out of the entry UFO
-Apply Trade Management techniques to lock in profits once the trade begins moving in the right direction
--------
They are many ways on how to trade, but prices would not move unless Un-Filled Orders (UFOs) get filled.
Join our YouTube Channel ‘tradewithufos’ and be notified of upcoming live trading sessions.
Disclaimer:
We do not provide investment advice, nor provide any personalized investment recommendations and/or advice in making a decision to trade. Before you start trading, please make sure you have considered your entire financial situation, including financial commitments and you understand that trading is highly speculative and that you could sustain significant losses.
USDSGD 4h AutoUFOs™ Trade Alert! 02 Jun 2020Basic Approach:
-Short Entry @ 1.4165
-Protective Stop Loss @ 1.4195
-Take Profit @ 1.4105
Rationale:
-Sell Un-Filled Orders (Red UFO ) available in the 4h time-frame
-Buy Un-Filled Orders (Green UFO ) further below allowing for the current trend to continue developing
Boosting Options:
-Trade in the direction set by the overall Market Environment
-Select Take Profit Targets located at a reasonable/achievable distance
-Higher time-frame key price points such as moving average values or Fibonacci retracements coinciding with the entry price
-Confirmation-style Market Order execution after waiting for price to travel in and out of the entry UFO
-Apply Trade Management techniques to lock in profits once the trade begins moving in the right direction
--------
They are many ways on how to trade, but prices would not move unless Un-Filled Orders (UFOs) get filled.
Join our YouTube Channel ‘tradewithufos’ and be notified of upcoming live trading sessions.
Disclaimer:
We do not provide investment advice, nor provide any personalized investment recommendations and/or advice in making a decision to trade. Before you start trading, please make sure you have considered your entire financial situation, including financial commitments and you understand that trading is highly speculative and that you could sustain significant losses.
GBPUSD 1h AutoUFOs™ Trade Alert! 01 Jun 2020Basic Approach:
-Long Entry @ 1.2265
-Protective Stop Loss @ 1.2230
-Take Profit @ 1.2335
Rationale:
-Buy Un-Filled Orders (Green UFO ) available in the 1h time-frame
-Sell Un-Filled Orders (Red UFO ) further above allowing for the current trend to continue developing
Boosting Options:
-Trade in the direction set by the overall Market Environment
-Select Take Profit Targets located at a reasonable/achievable distance
-Higher time-frame key price points such as moving average values or Fibonacci retracements coinciding with the entry price
-Confirmation-style Market Order execution after waiting for price to travel in and out of the entry UFO
-Apply Trade Management techniques to lock in profits once the trade begins moving in the right direction
--------
They are many ways on how to trade, but prices would not move unless Un-Filled Orders (UFOs) get filled.
Join our YouTube Channel ‘tradewithufos’ and be notified of upcoming live trading sessions.
Disclaimer:
We do not provide investment advice, nor provide any personalized investment recommendations and/or advice in making a decision to trade. Before you start trading, please make sure you have considered your entire financial situation, including financial commitments and you understand that trading is highly speculative and that you could sustain significant losses.
USDCAD 1h AutoUFOs™ Trade Alert! 29 May 2020Basic Approach:
-Short Entry @ 1.3925
-Protective Stop Loss @ 1.3980
-Take Profit @ 1.3870
Rationale:
-Sell Un-Filled Orders (Red UFO ) available in the 1h time-frame
-Buy Un-Filled Orders (Green UFO ) further below allowing for the current trend to continue developing
Boosting Options:
-Trade in the direction set by the overall Market Environment
-Select Take Profit Targets located at a reasonable/achievable distance
-Higher time-frame key price points such as moving average values or Fibonacci retracements coinciding with the entry price
-Confirmation-style Market Order execution after waiting for price to travel in and out of the entry UFO
-Apply Trade Management techniques to lock in profits once the trade begins moving in the right direction
--------
They are many ways on how to trade, but prices would not move unless Un-Filled Orders (UFOs) get filled.
Join our YouTube Channel ‘tradewithufos’ and be notified of upcoming live trading sessions.
Disclaimer:
We do not provide investment advice, nor provide any personalized investment recommendations and/or advice in making a decision to trade. Before you start trading, please make sure you have considered your entire financial situation, including financial commitments and you understand that trading is highly speculative and that you could sustain significant losses.
GBPUSD 1h AutoUFOs™ Trade Alert! 27 May 2020Basic Approach:
-Long Entry @ 1.2225
-Protective Stop Loss @ 1.2170
-Take Profit @ 1.2280
Rationale:
-Buy Un-Filled Orders (Green UFO ) available in the 1h time-frame
-Sell Un-Filled Orders (Red UFO ) further above allowing for the current trend to continue developing
Boosting Options:
-Trade in the direction set by the overall Market Environment
-Select Take Profit Targets located at a reasonable/achievable distance
-Higher time-frame key price points such as moving average values or Fibonacci retracements coinciding with the entry price
-Confirmation-style Market Order execution after waiting for price to travel in and out of the entry UFO
-Apply Trade Management techniques to lock in profits once the trade begins moving in the right direction
--------
They are many ways on how to trade, but prices would not move unless Un-Filled Orders (UFOs) get filled.
Join our YouTube Channel ‘tradewithufos’ and be notified of upcoming live trading sessions.
Disclaimer:
We do not provide investment advice, nor provide any personalized investment recommendations and/or advice in making a decision to trade. Before you start trading, please make sure you have considered your entire financial situation, including financial commitments and you understand that trading is highly speculative and that you could sustain significant losses.
AUSUSD 1h AutoUFOs™ Trade Alert! 26 May 2020Basic Approach:
-Long Entry @ 0.6530
-Protective Stop Loss @ 0.6515
-Take Profit @ 0.6560
Rationale:
-Buy Un-Filled Orders (Green UFO ) available in the 1h time-frame
-Sell Un-Filled Orders (Red UFO ) further above allowing for the current trend to continue developing
Boosting Options:
-Trade in the direction set by the overall Market Environment
-Select Take Profit Targets located at a reasonable/achievable distance
-Higher time-frame key price points such as moving average values or Fibonacci retracements coinciding with the entry price
-Confirmation-style Market Order execution after waiting for price to travel in and out of the entry UFO
-Apply Trade Management techniques to lock in profits once the trade begins moving in the right direction
--------
They are many ways on how to trade, but prices would not move unless Un-Filled Orders (UFOs) get filled.
Join our YouTube Channel ‘tradewithufos’ and be notified of upcoming live trading sessions.
Disclaimer:
We do not provide investment advice, nor provide any personalized investment recommendations and/or advice in making a decision to trade. Before you start trading, please make sure you have considered your entire financial situation, including financial commitments and you understand that trading is highly speculative and that you could sustain significant losses.
EURJPY 1h AutoUFOs™ Trade Alert! 25 May 2020Basic Approach:
-Long Entry @ 116.15
-Protective Stop Loss @ 115.75
-Take Profit @ 116.95
Rationale:
-Buy Un-Filled Orders (Green UFO ) available in the 1h time-frame
-Sell Un-Filled Orders (Red UFO ) further above allowing for the current trend to continue developing
Boosting Options:
-Trade in the direction set by the overall Market Environment
-Select Take Profit Targets located at a reasonable/achievable distance
-Higher time-frame key price points such as moving average values or Fibonacci retracements coinciding with the entry price
-Confirmation-style Market Order execution after waiting for price to travel in and out of the entry UFO
-Apply Trade Management techniques to lock in profits once the trade begins moving in the right direction
--------
They are many ways on how to trade, but prices would not move unless Un-Filled Orders (UFOs) get filled.
Join our YouTube Channel ‘tradewithufos’ and be notified of upcoming live trading sessions.
Disclaimer:
We do not provide investment advice, nor provide any personalized investment recommendations and/or advice in making a decision to trade. Before you start trading, please make sure you have considered your entire financial situation, including financial commitments and you understand that trading is highly speculative and that you could sustain significant losses.
NZDUSD 3h AutoUFOs™ Trade Alert! 22 May 2020Basic Approach:
-Long Entry @ 0.6055
-Protective Stop Loss @ 0.6015
-Take Profit @ 0.6135
Rationale:
-Buy Un-Filled Orders (Green UFO ) available in the 3h time-frame
-Sell Un-Filled Orders (Red UFO ) further above allowing for the current trend to continue developing
Boosting Options:
-Trade in the direction set by the overall Market Environment
-Select Take Profit Targets located at a reasonable/achievable distance
-Higher time-frame key price points such as moving average values or Fibonacci retracements coinciding with the entry price
-Confirmation-style Market Order execution after waiting for price to travel in and out of the entry UFO
-Apply Trade Management techniques to lock in profits once the trade begins moving in the right direction
--------
They are many ways on how to trade, but prices would not move unless Un-Filled Orders (UFOs) get filled.
Join our YouTube Channel ‘tradewithufos’ and be notified of upcoming live trading sessions.
Disclaimer:
We do not provide investment advice, nor provide any personalized investment recommendations and/or advice in making a decision to trade. Before you start trading, please make sure you have considered your entire financial situation, including financial commitments and you understand that trading is highly speculative and that you could sustain significant losses.
AUDUSD 1h AutoUFOs™ Trade Alert! 21 May 2020Basic Approach:
-Long Entry @ 0.6550
-Protective Stop Loss @ 0.6525
-Take Profit @ 0.6600
Rationale:
-Buy Un-Filled Orders (Green UFO ) available in the 1h time-frame
-Sell Un-Filled Orders (Red UFO ) further above allowing for the current trend to continue developing
Boosting Options:
-Trade in the direction set by the overall Market Environment
-Select Take Profit Targets located at a reasonable/achievable distance
-Higher time-frame key price points such as moving average values or Fibonacci retracements coinciding with the entry price
-Confirmation-style Market Order execution after waiting for price to travel in and out of the entry UFO
-Apply Trade Management techniques to lock in profits once the trade begins moving in the right direction
--------
They are many ways on how to trade, but prices would not move unless Un-Filled Orders (UFOs) get filled.
Join our YouTube Channel ‘tradewithufos’ and be notified of upcoming live trading sessions.
Disclaimer:
We do not provide investment advice, nor provide any personalized investment recommendations and/or advice in making a decision to trade. Before you start trading, please make sure you have considered your entire financial situation, including financial commitments and you understand that trading is highly speculative and that you could sustain significant losses.
EURGBP 1h AutoUFOs™ Trade Alert! 20 May 2020Basic Approach:
-Long Entry @ 0.8865
-Protective Stop Loss @ 0.8825
-Take Profit @ 0.8945
Rationale:
-Buy Un-Filled Orders (Green UFO ) available in the 1h time-frame
-Sell Un-Filled Orders (Red UFO ) further above allowing for the current trend to continue developing
Boosting Options:
-Trade in the direction set by the overall Market Environment
-Select Take Profit Targets located at a reasonable/achievable distance
-Higher time-frame key price points such as moving average values or Fibonacci retracements coinciding with the entry price
-Confirmation-style Market Order execution after waiting for price to travel in and out of the entry UFO
-Apply Trade Management techniques to lock in profits once the trade begins moving in the right direction
--------
They are many ways on how to trade, but prices would not move unless Un-Filled Orders (UFOs) get filled.
Join our YouTube Channel ‘tradewithufos’ and be notified of upcoming live trading sessions.
Disclaimer:
We do not provide investment advice, nor provide any personalized investment recommendations and/or advice in making a decision to trade. Before you start trading, please make sure you have considered your entire financial situation, including financial commitments and you understand that trading is highly speculative and that you could sustain significant losses.
EURUSD 1h AutoUFOs™ Trade Alert! 19 May 2020Basic Approach:
-Long Entry @ 1.0865
-Protective Stop Loss @ 1.0845
-Take Profit @ 1.0905
Rationale:
-Buy Un-Filled Orders (Green UFO ) available in the 1h time-frame
-Sell Un-Filled Orders (Red UFO ) further above allowing for the current trend to continue developing
Boosting Options:
-Trade in the direction set by the overall Market Environment
-Select Take Profit Targets located at a reasonable/achievable distance
-Higher time-frame key price points such as moving average values or Fibonacci retracements coinciding with the entry price
-Confirmation-style Market Order execution after waiting for price to travel in and out of the entry UFO
-Apply Trade Management techniques to lock in profits once the trade begins moving in the right direction
--------
They are many ways on how to trade, but prices would not move unless Un-Filled Orders (UFOs) get filled.
Join our YouTube Channel ‘tradewithufos’ and be notified of upcoming live trading sessions.
Disclaimer:
We do not provide investment advice, nor provide any personalized investment recommendations and/or advice in making a decision to trade. Before you start trading, please make sure you have considered your entire financial situation, including financial commitments and you understand that trading is highly speculative and that you could sustain significant losses.
USDJPY 1h AutoUFOs™ Trade Alert! 18 May 2020Basic Approach:
-Short Entry @ 107.45
-Protective Stop Loss @ 107.65
-Take Profit @ 107.25
Rationale:
-Sell Un-Filled Orders (Red UFO ) available in the 1h time-frame
-Buy Un-Filled Orders (Green UFO ) further below allowing for the current trend to continue developing
Boosting Options:
-Trade in the direction set by the overall Market Environment
-Select Take Profit Targets located at a reasonable/achievable distance
-Higher time-frame key price points such as moving average values or Fibonacci retracements coinciding with the entry price
-Confirmation-style Market Order execution after waiting for price to travel in and out of the entry UFO
-Apply Trade Management techniques to lock in profits once the trade begins moving in the right direction
--------
They are many ways on how to trade, but prices would not move unless Un-Filled Orders (UFOs) get filled.
Join our YouTube Channel ‘tradewithufos’ and be notified of upcoming live trading sessions.
Disclaimer:
We do not provide investment advice, nor provide any personalized investment recommendations and/or advice in making a decision to trade. Before you start trading, please make sure you have considered your entire financial situation, including financial commitments and you understand that trading is highly speculative and that you could sustain significant losses.