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Swing Trading Stocks Trade ManagementThis is a Long Swing Trade I have open using the Elliott Wave Indicator from W5T on the TradingView Platform. The setup and entry for this 5th wave trade was text book in that: 1. The Elliott Wave Oscillator pulled back between 90% and 140% during the 4th wave profit taking pullback 2. The False break out stochastic crossed over in the over sold zone during the 4th wave profit taking pull back against the yellow false breakout bar in the over bought zone during the 3rd wave. 3. The Wave 4 profit taking pullback found support in the amber zone of our automated pullback zones, which represents an 80% probability of our automated 5th wave target zone (in blue on the chart) being reached. 4. The Risk to Reward was over our minimum required 1:1.6 - This include sensible entry and stop loss strategy - This can be seen on the chart. To manage this trade is pretty straight forward: The point of control for us is the price closing above the 50% Reward line (cyan on the fib extension on the chart). Then we move our stop just above the entry to make the trade "Risk Free" Then we Trailing the Stop "Two Candle Behind". So as Yesterday's candle closed above the 100% profit line (yellow fib extension on chart), I adjusted the stop just below the low of the 2nd candle back. In this case locking in 50% profit x Risk. So if you Risked $10,000 on this trade, you would have $5000 profit locked in! We are at a critical point in this current trend as we will be testing the previous wave 3 high and in some market conditions, this is too much and the price turns back down and corrects. This is why we lock in profit. However we have an 80% probability of the price pushing through and reaching our 5th wave target zone and will continue to manage this trade with our "2 candles behind" trade management strategy into the 5th wave target zone, if the price breaks through the previous wave 3 high!
NYSE:WPMEducation
by xBratSoftwareSolutions
CL Short Idea on the 60 Min TF Using W5T Elliot Wave AnalysisCL has found resistance in its 4th wave pullback at around the $34.50 - $35 mark, coinciding with the uppar limits of Green Pullback zone. If it holds, all indicators point to a downward move below $28, with two significant points of resistance along the way ($30.13 and the previous low of the curve at $27.34.) An aggressive entry would be just below $32.50. however a higher probability entry sits just below the previous pivot at $31.78. ODDS ENHANCERS W5T Oscillator crowning nicely between 90% - 140% Price action so far remains in the higher probability Green Zone Bearish False Breakout Stochastics
NYMEX:CL1!Short
by WindhorseTrader
ES Short Idea Based on Bear Flag Using WT5 Elliot Wave and BITS The ES is currently in a daily bearish pennant formation which coincides with a 4th wave retracement on the 240 min time frame. While price retraced into the "Red Zone", other indicators still point to a short trade at either the break of the bearish pennant pattern (around 2905) or the taking entry at the BITS signal which has formed just below it (entry at 2883.75.) A target sitting below the 2800 mark is reasonable, however you can expect turbulence just above it - between 2825 and 2810.
CME_MINI:ES1!Short
by WindhorseTrader
CL Short Idea on 240 min Time Frame using W5T Elliot Wave AnalysCL has been following a downward trend within a daily channel and has been honouring upper and lower bounds of a channel since the beginning of this year. Currently price has returned to the center line of the channel after completing the 4th wave and is currently on a fifth wave move with a projected target around $42, which coincides with a strong daily supply / demand zone and the lower bound of the channel. A break below the center line of the channel would be a good entry into this trade. A more conservative entry would be below the previous low of $46.32. ODDS ENHANCING FACTORS: Price retraced to the green pullback zone during the 4th wave move. Price didn't take too long to pull back. The Elliot Wave Oscillator is crowning perfectly between the 90% - 140%. False Breakout stochastic indicate strong bearish momentum.
NYMEX:CL1!Short
by WindhorseTrader
AUDCAD potential Long using Roller CoasterThis Forex Pair is behaving well on the 60 minute timeframe with our Roller Coaster Indicator Suite, with a great Win rate. The current long trade that triggered at 0.89149 is now risk free as the trailing stop has been printed just above BreakEven. If the Trailing Stop (0.89144) doesn't get taken out and the price moves back up through 0.82934, then we would look to get in this long trade on AUDCAD. This price level is also above recent pivots points as can be seen on the chart (green hashed line). Remember to keep your trade size small in line with what you are prepared to lose on this trade if the Stop is taken out at 0.88657
Long
by xBratSoftwareSolutions
1
Roller Coaster Indicator Suite, Futures, Forex, Stocks & CryptoA look out our Roller Coaster Indicator suite using examples of forex, stocks, futures and cryptocurrency. Highlighting the need to understand trade size when comparing risk to reward. Also how to identify the best time frame to trade for the instruments that you trade. This Roller Coaster Indicator suite has an 83% win rate and uses a Stochastic/MACD Cross with special EMA points of control for entry and trade management. Again, they key is find the sweet spot with regards to the best time frame to trade for each currency pair, stock, futures contract or crypto instrument.
TVC:GOLDEducation
by xBratSoftwareSolutions
Potential Long 5th Wave, ElliottWave Move for STTUsing our Elliott Wave Indicator Suite for the TradingView Platform we have identified a potential Long 5th Wave Swing Trading Opportunity for STT on the Daily time frame . The 5th wave move in an elliottwave sequence is the highest probability move. The catalyst for the current wave 4, profit taking, pullback was Earnings and it does seem to have found support. The wave 4 pull back has found support in the Green zone of our probability pullback zones, which represents an 85% probability that our automated 5th wave target zone, in blue on the chart, will be hit. Further more the profit taking pull back is at major support and resistance zone from previous earnings reactions. We see yellow dots formed in the overbought zone on our special False Breakout Stochastic indicator, which signals strong Bullish momentum. When, during a wave 4 pullback, the stochastic pulls back against these false break out dots and crosses in the oversold zone, there is a high probability the stocks price action will resume the overall bullish trend . We also measure the wave 4 behaviour with our Elliottwave oscillator, which has pulled back within our pre-determined zone. So overall we have identified, using our Elliott Wave Indicator suite for TradingView, a high probability long swing trading opportunity for STT , with the following entry strategy: We use our 6/4 MA High for initial starting point for long entries and take into consideration and recent pivots during the 4th wave pullback. Long entry through $80.09 Stop Loss $74.96 Target $90 Giving a Risk to Reward of 1:2
NYSE:STTLong
by xBratSoftwareSolutions
EURJPY potential Long 5th Wave MoveUsing our Elliott Wave Indicator Suite for the TradingView Platform we have identified a potential Long 5th Wave Forex Trading Opportunity for EURJPY on the Hourly time frame . The 5th wave move in an elliottwave sequence is the highest probability move. The wave 4 pull back has found support in the Green zone of our probability pullback zones, which represents an 85% probability that our automated 5th wave target zone, in blue on the chart, will be hit. Further more the profit taking pull back is at major support with a Technical Double Bottom forming overnight. We see yellow dots formed in the overbought zone on our special False Breakout Stochastic indicator, which signals strong Bullish momentum. When, during a wave 4 pullback, the stochastic pulls back against these false break out dots and crosses in the oversold zone, there is a high probability the stocks price action will resume the overall bullish trend . We also measure the wave 4 behaviour with our Elliottwave oscillator, which has pulled back within our pre-determined zone. So overall we have identified, using our Elliott Wave Indicator suite for TradingView, a high probability long trading opportunity for EURJPY , !Hr Time Frame with the following entry strategy: We use our 6/4 MA High for initial starting point for long entries and take into consideration and recent pivots during the 4th wave pullback. Long entry through 122.517 Stop Loss $122.177 Target $123 Giving a Risk to Reward of 1:1.4 We have European Data this morning which could be the catalyst we need to move us into this forex trade.
Long
by xBratSoftwareSolutions
3
HALO - Potential 5th ElliottWave Swing Trading OpportunityUsing our Elliott Wave Indicator Suite for the TradingView Platform we have identified a potential Long 5th Wave Swing Trading Opportunity for HALO on the Daily time frame . The 5th wave move in an elliottwave sequence is the highest probability move. The large impulse moves, waves 1 and 3, were obvious news events with large volume. The volume on the wave 4 pull back has stared to run out of juice, which is a good sign. The wave 4 pull back has found support in the Red zone of our probability pullback zones, which represents an 75% probability that our automated 5th wave target zone, in blue on the chart, will be hit. Further more the profit taking pull back is at major support and resistance zone from previous range period. We see yellow dots formed in the overbought zone on our special False Breakout Stochastic indicator, which signals strong Bullish momentum. When, during a wave 4 pullback, the stochastic pulls back against these false break out dots and crosses in the oversold zone, there is a high probability the stocks price action will resume the overall bullish trend . We also measure the wave 4 behaviour with our Elliottwave oscillator, which has pulled back within our pre-determined zone. So overall we have identified, using our Elliott Wave Indicator suite for TradingView, a high probability long swing trading opportunity for HALO , Weekly Time Frame , with the following entry strategy: We use our 6/4 MA High for initial starting point for long entries and take into consideration and recent pivots during the 4th wave pullback. Long entry through $18.63 Stop Loss $17.63 Target $20.20 Giving a Risk to Reward of 1:1.7
NASDAQ:HALOLong
by xBratSoftwareSolutions
SERV - Potential Short 5th Wave SwingTrading OpportunityUsing our Elliott Wave Indicator Suite for the TradingView Platform we have identified a potential Short 5th Wave Swing Trading Opportunity for SERV on the Daily time frame . The 5th wave move in an elliottwave sequence is the highest probability move. The wave 4 pull back has found resistance in the Green zone of our probability pullback zones, which represents an 85% probability that our automated 5th wave target zone, in blue on the chart, will be hit. We see yellow dots formed in the oversold zone on our special False Breakout Stochastic indicator, which signals strong Bearish momentum. When, during a wave 4 pullback, the stochastic pulls back against these false break out dots and crosses in the overbought zone, there is a high probability the stocks price action will resume the overall bearish trend . We also measure the wave 4 behaviour with our Elliottwave oscillator, which has pulled back within our pre-determined zone. So overall we have identified, using our Elliott Wave Indicator suite for TradingView, a high probability short swing trading opportunity for SERV , Daily Time Frame , with the following entry strategy: Short entry through $37.72 Stop Loss $40.78 Target $31.50 Giving a Risk to Reward of 1:2 Learn more about our Tradingview indicator suites by watching the video tours >>HERE<<
SShort
by xBratSoftwareSolutions
KHC - Potential 5th Wave Long Swing Trading OpportunityUsing our Elliott Wave Indicator Suite for the TradingView Platform we have identified a potential Long 5th Wave Swing Trading Opportunity for KHC on the Daily time frame . The 5th wave move in an elliottwave sequence is the highest probability move. The wave 4 pull back has found support in the Amber zone of our probability pullback zones, which represents an 80% probability that our automated 5th wave target zone, in blue on the chart, will be hit. We see yellow dots formed in the overbought zone on our special False Breakout Stochastic indicator, which signals strong Bullish momentum. When, during a wave 4 pullback, the stochastic pulls back against these false break out dots and crosses in the oversold zone, there is a high probability the stocks price action will resume the overall bullish trend . We also measure the wave 4 behaviour with our Elliottwave oscillator, which has pulled back within our pre-determined zone. So overall we have identified, using our Elliott Wave Indicator suite for TradingView, a high probability long swing trading opportunity for KHC , Daily Time Frame , with the following entry strategy: Long entry through $31.63 Stop Loss $29.98 Target $34.50 Giving a Risk to Reward of 1:1.6 Learn more about our Tradingview indicator suites by watching the video tours >>HERE<<
NASDAQ:KHCLong
by xBratSoftwareSolutions
TRV Potntial Short 5th Wave Swing Trading OpportunityUsing our Elliott Wave Indicator Suite for the TradingView Platform we have identified a potential Short 5th Wave Swing Trading Opportunity on TRV. The 5th wave move in an elliottwave sequence is the highest probability move. The wave 4 pull back after the earnings gap down has found resistance in the green zone of our probability pullback zones, which represents an 85% probability that our automated 5th wave target zone, in blue on the chart will be hit. We see yellow dots formed in the oversold zone on our special False Breakout Stochastic indicator, which signals strong Bearish momentum. When, during a wave 4 pullback, the stochastic pulls back against these false break out dots and crosses in the overbought zone, there is a high probability the stocks price action will resume the overall bearish trend. We also measure the wave 4 behaviour with our Elliottwave oscillator, which has pulled back within our pre-determined zone. So overall we have identified, using our Elliott Wave Indicator suite for TradingView, a high probability short swing trading opportunity on TRV with the following entry strategy: Short entry through $132.22 Stop Loss $136.22 Target $126 Giving a Risk to Reward over 1:1.6 Learn more about our Tradingview indicator suites by watching the video tours >>HERE<<
NYSE:TRVShort
by xBratSoftwareSolutions
STNG Potential Long 5th Wave Swing Trading Opportunity 60minUsing our Elliott Wave Indicator Suite for the TradingView Platform we have identified a potential Long 5th Wave Swing Trading Opportunity for STNG on the 60 minute time frame . The 5th wave move in an elliottwave sequence is the highest probability move. The wave 4 pull back has found support in the red zone of our probability pullback zones, which represents an 75% probability that our automated 5th wave target zone, in blue on the chart, will be hit. We see yellow dots formed in the overbought zone on our special False Breakout Stochastic indicator, which signals strong Bullish momentum. When, during a wave 4 pullback, the stochastic pulls back against these false break out dots and crosses in the oversold zone, there is a high probability the stocks price action will resume the overall bullish trend . We also measure the wave 4 behaviour with our Elliottwave oscillator, which has pulled back within our pre-determined zone. So overall we have identified, using our Elliott Wave Indicator suite for TradingView, a high probability long swing trading opportunity on STNG , 60min Timeframe , with the following entry strategy: Long entry through $35.21 Stop Loss $34.14 Target $37 Giving a Risk to Reward of 1:1.6 Learn more about our Tradingview indicator suites by watching the video tours >>HERE<<
NYSE:STNGLong
by xBratSoftwareSolutions
Trialling our B.I.T.S Indicator on Forex - USDPY Long BreakoutWE know we have a great win rate with Stocks and Futures using our Breakout Intelligent Trading Signals Indicator (B.I.T.S) Now using the FXCM feed for forex we are able to trial our B.I.T.S indicator with forex pairs as they provide volume. Volume and price action are a key component to our B.I.T.S Indicator for TradingView with proximity to our special Points of Control. In this potential Long Trade on USDJPY our Signal has been printed with an entry at 109.213 with a stop loss at 109.123. The 4 automated Target levels are printed on the chart. As we can see on the chart some recent signals have been successful on this USDJPY forex pair
Long
by xBratSoftwareSolutions
2
Potential 5th Wave SwingTrading Opportunity Long for IRTUsing our Elliott Wave Indicator Suite for the TradingView Platform we have identified a potential Long 5th Wave Swing Trading Opportunity on IRT . The 5th wave move in an elliottwave sequence is the highest probability move. The wave 4 pull back has found support in the green zone of our probability pullback zones, which represents an 85% probability that our automated 5th wave target zone, in blue on the chart, will be hit. We see yellow dots formed in the overbought zone on our special False Breakout Stochastic indicator, which signals strong Bullish momentum. When, during a wave 4 pullback, the stochastic pulls back against these false break out dots and crosses in the oversold zone, there is a high probability the stocks price action will resume the overall bullish trend . We also measure the wave 4 behaviour with our Elliottwave oscillator, which has pulled back within our pre-determined zone. So overall we have identified, using our Elliott Wave Indicator suite for TradingView, a high probability long swing trading opportunity on IRT, Daily Timeframe, with the following entry strategy: Long entry through $15.03 Stop Loss $14.20 Target $16.40 Giving a Risk to Reward over 1:1.6 Learn more about our Tradingview indicator suites by watching the video tours >>HERE<<
NYSE:IRTLong
by xBratSoftwareSolutions