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NIKE 1D COLLAPSINGPotential Market Problem with Chinese Tariffs Market Place - 5 Dow Stocks with High Chinese Exposure with 10% revenues in China Apple, Boeing, 3M, Nike, Procter & Gamble Market Realist - 2014 28% Nike shoes sold in China 34% Nike Apparel sold in China GQ - 2017 19% Nike shoes sold in China 1D chart Descending Triangle chart pattern Weekly support levels shown Triangle bottom and Weekly support level create a support zone Watch for a candle close below this zone Watch for a break-hook-go pattern on smaller time frame Decreasing volume and rising price shows buyers weakening creates a bearish bias
NYSE:NKEShort
by Tradingstrategyguides
1D PAPA JOHN'S RANGE TRADEPapa John's added Shaq O'Neal to their Board of Directors This had some positive bullish strength to stock Price began to fall and created 1st high for range Company announced their adding to their menu "Organic Veggies" But Price continued to fall Price found support and retested the range top Price broke out of top range with strong volume support but breakout failed Price returned to range and fell to retest range bottom Bias is Bearish range breakout because of failed bullish breakout Watch for a Close below the range bottom w/ volume support
NASDAQ:PZZAShort
by Tradingstrategyguides
WHY PLANET FITNESS IS THE #1 STOCK TO BUY ON PULLBACKS Start for $1 - Monthly membership is $10 - $20 mo. go to any location Free T-shirts, bagels, pizza Clean beautiful gyms Equipment well maintained - Employees always nice with a no judgement zone They have dialed in this gym experience Weekly chart shows they have dialed it in for years Most of weekly volume spikes are on bullish weeks People are interested in this chart - volume is going up - volatility is going up There is a continuous increase in the trend line angle Anytime your trend line does a dramatic increase like this is called a bump and run. The bump and run trend line is usually considered bearish but there are strong bullish signs still Drilling down to 1D chart , notice hugh gap down on May 3rd Gap down on positive earnings news Drove down to 15m chart to find where volume spike came from First few 15m candles drove price back up so gap spike from 1D came from positive moves Most of the traders want this pair long When most traders want price to go long you are probably in for a pullback Price has been pushing up for some time so expecting some consolidation Watch for an ascending triangle to develop Sell when you see pullback on reduced volume and volatility Buy at trend line bounce If pullback did not come with reduced volume/volatility then enter with smaller size. Use ATR to determine SL (1.5xATR)and TP (1xATR). When in profit take some off and move SL to break even.
NYSE:PLNT
by Tradingstrategyguides
WHAT IS AN ATR RISK REWARD MANAGEMENT PLANWHAT IS AN ATR RISK REWARD MANAGEMENT PLAN 1- Maximum per trade risk = 2% use a position size calculator 2- Stop Loss = ATR x 1.5 3- 1st TP = ATR x 1 4- Use two positions - each 1/2 total of trade risk (1%) 5- Both positions use hard SL - ATR x 1.5 6- 1st position uses hard TP - ATR x 1 7- 2nd position uses a trailing stop for TP 8- After 1st TP hits move 2nd trade SL to break even 9- Follow stops on 2nd position as it runs 10- Don't double leverage a currency (buy Ca/J and sell U/Ca don't double up) 11- 1st TP hit but price drops: use Heiken Ashi changes color exit 12- Price does not hit 1st TP and drops: if my entry strategy changes direction then close trade to not hit hard SL 13- Shut down trade before hugh news events
Short
by Tradingstrategyguides
HOW TO TRADE WITH EMA STRATEGYExponential Moving Average Strategy (Trading Rules – Sell Trade) Our exponential moving average strategy is comprised of two elements. The first degree to capture a new trend is to use two exponential moving averages as an entry filter. By using one moving average with a longer period and one with a shorter period, we automate the strategy. This removes any form of subjectivity from our trading process. Step #1: Plot on your chart the 20 and 50 EMA The first step is to properly set up our charts with the right moving averages. We can identify the EMA crossover at the later stage. The exponential moving average strategy uses the 20 and 50 periods EMA. Most standard trading platforms come with default moving average indicators. It should not be a problem to locate the EMA either on your MT4 platform or Tradingview. Step #2: Wait for the EMA crossover and for the price to trade below the 20 and 50 EMA. The second rule of this moving average strategy is the need for the price to trade below both 20 and 50 EMA. Secondly, we need to wait for the EMA crossover, which will add weight to the bullish case. We refer to the EMA crossover for a sell trade when the 20-EMA crosses below the 50-EMA. By looking at the EMA crossover, we create an automatic buy and sell signals. Since the market is prone to false breakouts, we need more evidence than a simple EMA crossover. At this stage, we don’t know if the bearish sentiment is strong enough to push the price further after we sell to make a profit. To avoid the false breakout, we added a new confluence to support our view. This brings us to the next step of the strategy. Step #3: Wait for the zone between 20 and 50 EMA to be tested once on a sell trade (twice on a buy trade) then look for selling opportunities. The conviction behind this moving average strategy relies on multiple factors. After the EMA crossover happened, we need to exercise more patience. We will wait for one successive and successful retest of the zone between the 20 and 50 EMA on a sell order but twp retests on a buy order. The two successful retests of the zone between 20 and 50 EMA give the market enough time to develop a trend on a buy order. However, because the market goes down much faster, we sell on the 1st retest of the zone between 20 and 50. After the EMA crossover happened. . Never forget that no price is too high to buy in trading. And no price is too low to sell. Note* When we refer to the “zone between 20 and 50EMA,” we actually don’t mean that the price needs to trade in the space between the two moving averages. We just wanted to cover the whole price spectrum between the two EMAs. This is because the price will only briefly touch the shorter moving average (20-EMA). But this is still a successful retest. Now, we still need to define where exactly we are going to buy. This brings us to the next step of the strategy. Step #4: Sell at the market when we retest the zone between 20 and 50 EMA for the third time. If the price successfully retests the zone between 20 and 50 EMA for the third time, we go ahead and sell at the market price. We now have enough evidence that the bearish momentum is strong to continue pushing this market lower. Now, we still need to define where to place our protective stop loss and where to take profits. This brings us to the next step of the strategy. Step #5: Place the protective Stop Los 20 pips above the 50 EMA After the EMA crossover happened, and after we had two successive retests, we know the trend is down. As long as we trade below both exponential moving averages the trend remains intact. In this regard, we place our protective stop loss 20 pips above the 50 EMA. We added a buffer of 20 pips because we understand we’re not living in a perfect world. The market is prone to do false breakouts. Step #6: You pick your own TP strategy or Take Profit once we break and close above the 50-EMA If we waited for the EMA crossover to happen on the other side, we would have given back some of the potential profits. We need to consider the fact that the exponential moving averages are a lagging indicator. The exponential moving average formula used to plot our EMAs allow us to still take profits right at the time the market is about to reverse. Note** The above was an example of a SELL trade. Use the same rules – but in reverse – for a BUY trade. However, because the market goes down much faster, we sell on the 1st retest of the zone between 20 and 50. After the EMA crossover happened. The exponential moving average strategy is a classic example of how to construct a simple EMA crossover system. With this exponential moving average system, we’re not trying to predict the market. But rather to react to the current market condition which is a much better way to trade the market. The advantage of our trading strategy stands in the exponential moving average formula. It plots a much smoother EMA that gives better entries and exits.
Short
by Tradingstrategyguides
6
USING MATH TRICKS ON YOUR CHARTS You can't count cards in casinos, but you can count bars in price action. No matter what pattern you trade, I would bet that if it falls out of of the pattern in less than 5 bars, it's not going to happen, so don't waste your time. Come back to it later. But, if it holds the pattern for 10 bars, it's probably going to continue in the pattern for 20 to 30 more bars. This little trick enables you to estimate how much time to expect your trading pattern to continue which is very useful when you're deciding whether or not you want to take the trade. For example, if you're looking for a range pattern to trade on a short-time frame chart, look for one that has been working the range for 10 bars and you can expect at least 10 to 20 more bars of similar price action. The MACD (Moving Average Convergence Divergence) is another math-hound I love on my charts. It looks at historical prices and gives you a picture of current momentum and direction. MACD crunches numbers on 4 different levels, and that might be hard to do in your head. But, have a look when the MACD line crosses zero, changing from positive to negative polarity, and you'll know the math is telling you something new is happening in the market right now. How does it take historical price numbers and tell us what's happening now or even be predictive of what's going to happen next? Mathematically, of course, it can compare what was happening awhile ago with what the price numbers are doing now, and detect change in the algorithmic patterns. When "change" is viewed as momentum starting to build, that math makes you smarter with your trade entries and exits.
Education
by Tradingstrategyguides
BTCUSDT 1H PARABOLIC SAR & MOVING AVERAGE TRADING STRATEGYIn this strategy, you are going to learn about a trading strategy that uses the how to use parabolic SAR indicator (Stop And Reversal) trading tool, along with two moving averages trading strategy to catch new trends on the reversal and continuation of the trend. If the dot is below the candle this can be a signal to BUY or an uptrend. When the change occurs (the dot goes from below to above the next candle) this indicates a potential price reversal may be happening or a bearish pullback and bullish continuation move. Some may think why not just trade the dots. When it reverses, just make an entry at that price. Technically you can trade like this and may win some, but this is a very risky way to trade this indicator. You need other tools to validate this potential trend. Here are the indicators you need to apply on your chart to use this trading strategy: Parabolic Sar strategy: Default Settings 20 Length Moving Average= Blue color 40 Length Moving Average= Red color Rule #1- Apply Parabolic SAR system and Moving Average indicators to chart Rule #2- The Parabolic SAR Indicator must change to be below price candle for uptrend. Notice how the dots were above the price. The parabolic stop and reversal (sar) formula was that the price stalled out for a few hours and then the dot appeared below the candle. Rule #3- Another element that must occur is the moving averages must cross over. In a long trade, the 20 period moving average will cross and go above the 40 periods moving average. So now the 20 period moving average is above the 40 period moving average. Also the dot appears below the price candle. Rule #4- Parabolic SAR dot must be below price candle AND moving averages cross to where 20 period MA is above 40 period MA. Note** One of these elements may occur before the other. The reversal dot can appear before the MA lines cross. Or the Moving averages can cross before the reversal candle. As long as there are both elements, the entry criteria are met. Rule #5- Enter The Next Price Candle... Enter (BUY) the very next price candle after the dot appears below the candle. You can see on our chart where we entered the trade. Waiting for one candle after makes sense because this proves to us that this reversal is strong. The moving averages are supporting the uptrend + the dot is signifying an uptrend. Rule #6- Stop loss / Take Profit Follow your own SL plan Take Profit is taken when the 20 and 40-period lines cross over again. OR when the dot reverses appears at the opposite side of the candle. Moving average crossover will give you a larger profit. If SELL trade just adjust above I have added the Waddah Attar Explosion Volume Indicator - type in Indicator search: Public Library "WAD" This helps filter a better entry when volume hits the band and blue dotted line
Long
by Tradingstrategyguides
2
TWO DOUBLE TOP TRADING STRATEGIESFirst - Double Top Pattern Strategy is the traditional method double top strategy Step 1 Identify the Phase of the Market. The Double Top reversal needs an uptrend. Step 2 The historical precedent. An A++ Double Top Reversal is composed of 2 Rounded Tops (point A & B) Step 3 Sell when Double Top breakout candle closes below the neckline (point C). Step 4 Take Profit equals 2, 3 x times the distance in price as measured from the highest peak to the Neckline Step 5 Place the protective stop loss slightly above the resistance created by the Double Top reversal Second - Busted Double Top Pattern Strategy Step 1 Wait until a Double Top pattern is developing on chart Step 2 Wait for the price to break downwards and drop below point C Step 3 Price needs to consolidate below point C Step 4 Buy after we break and close above the C point *Note: The clearer the breakout is the higher the probability the busted double top pattern will work. Step 5 Place your protective Stop Loss below the trading range spotted earlier Step 6 Take profits during the first 5 – 15 minutes after we break above the double top pattern. Once Stop Orders above point C are hit high chance of bearish reversal or bullish continuation sometimes
BITFINEX:BTCUSD
by Tradingstrategyguides
2
EURUSD 1D WILLIAMS %R STRATEGYThe Williams percent R indicator or %R for short is a technical indicator that oscillates between the value 0 and -100. The Williams percent range indicator provides us with valuable information about the strength or weakness of a trend of a stock, commodity, currency pair, cryptocurrency or any other financial instrument that has attached to it a price. Basically, the Williams percent range indicator is a powerful momentum indicator that can help you day trade any market in the world. Williams percent range oscillator can be used in various capacities that can help us determine: Momentum confirmations. Overbought and Oversold readings. Strength of the trend. Potential buy and sell signals. When day trading, you need to eradicate all the uncertainty around your decision-making process. This is why we have developed the Williams percent range strategy, a rule based system that will allow you to trade from a place of personal power. The benefit of our day trading system is that it can be used with any market in the world. Strategy #2: Day trading Momentum Burst with Williams %R Indicator As an alternative to using the Williams percent R to identify overbought and oversold market readings, we have developed a way to catch momentum bursts that you will see on your charts every single day. Momentum trading can offer you instant gratification, and the Williams %R trading strategy can help you satisfy those financial urges. Let’s get into how momentum trading works using the Williams %R indicator. Step 1 Add Williams %R indicator onto your chart with a 10 period length We have also changed the oversold and overbought readings to -90 respectively -10. Note: Make sure you use 10 periods for the Williams percent range oscillator. Step 2 Draw a line at the -50 level on the Williams percent R indicator The momentum strategy is developed around the -50 level. For a visual representation, and to better and faster identify the potential trade signals, we add a line at the -50 level. The -50 level is the middle of the Williams percent range oscillator range. When the %R indicator crosses the -50 level, it signals a change in the momentum. Step 3 Buy once the Oscillator moves from oversold reading and crosses the -50 level There are two conditions that need to be satisfied before confidently buying. First, we need to see the %R oscillator in oversold territory. We consider a market oversold if it shows a reading below the -90 level. Secondly, we need to see the oscillator moving away from oversold territory and cross the -50 level from beneath. This shift in momentum indicates that we can start looking for trade opportunities in the direction the oscillator crossed the -50 level. In our case, we’re looking to buy right away once the momentum oscillator breaks above the -50 level. Step 4 For our exit strategy and stop loss management, we simply work with the trading range identified during the first step. In this regard, we place the protective stop loss below the support bottom of the range and take profit at the top resistance of the range.
Long
by Tradingstrategyguides
CAN MOVING AVERAGE GIVE CONTEXT TO PRICE MOVEMENTConsider the common situation in Forex when price makes a move for 50 or more pips in one direction. It could be a sudden move covering a large distance in just one or two bars, or it could move steadily over many days. Whether the move surprises you or steadily makes tracks in one direction, it happens that you notice this market might be trending. Will it continue? Or, should you expect it to suddenly reverse? How do you know? Trading is a speculative venture without absolute assurance of timing or direction for the market’s next move, but there is something you can do to stack the odds in your favor. Plotting a moving average gives context to changes in price, and provides a template for planning trades with expectations about what the market will do next. Look at these 2 charts. The first one, without any technical indicators, is a picture of rapid change in price. It would be impossible to know if it’s random, if it’s expected to continue going down, or if it might swing back in the opposite direction. In the second picture, two moving averages give context to that same price action. In the midst of a choppy market where price is jumping up and down over a period of time, the moving averages show me that price is holding to one side, giving me the information I need to know this market is in a down-trend and will be looking for lower lows. Going short is a good bet in spite of the volatility. Moving averages are guides, providing context and making the world of price action look a lot less random.
Education
by Tradingstrategyguides