Tradingsystem
Possible CAD/JPY Short position!!SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 1-3 days
Actions on -
A – Activating Event
Market will meet resistance @83.93 level and fall to the @82.4 level. In order to enter, the pair needs to be rejected by the Bollinger Band line....
B – Beliefs
Market move towards the first Target 1 level @ 82.4
FX:CADJPY
Trade Management
Entered @ Sign up for mentoring
Stop Loss @ Sign up for mentoring
Target 1 @ 82.4
Target 2 @ 0.
Risk/Reward @ 4.1
Happy trading :)
Follow your Trading plan, remain disciplined and keep learning !!
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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Long CHF/JPY!!SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 4-8 Hours
Actions on -
A – Activating Event
Currency Pair pushing through resistance line and heading to next resistance line.
B – Beliefs
Market move towards the first Target 1 level @ 110.00
FX:CHFJPY
Trade Management
Entered @ Sign up for details
Stop Loss @ Sign up for details
Target 1 @ 110.00
Target 2 @
Risk/Reward @ 1.1
Happy trading :)
Follow your Trading plan, remain disciplined and keep learning !!
Please Follow, Like,Comment & Follow
Thank you for your support :)
This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Possible USD/CHF Long position!!SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 1-3 Days
Actions on -
A – Activating Event
Currency Pair breaking through resistance line and heading to next strong resistance line
B – Beliefs
Market move towards the first Target 1 level @ 1.01
OANDA:USDCHF
Trade Management
Entered @ Sign up for details
Stop Loss @ Sign up for details
Target 1 @ 1.01
Target 2 @
Risk/Reward @ 3.1
Happy trading :)
Follow your Trading plan, remain disciplined and keep learning !!
Please Follow, Like,Comment & Follow
Thank you for your support :)
This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Create your own trading system: entry point # 8We continue to explore different points of entry into the market.
Today I want to show you a complex entry point that arises from the analysis of stochastic cycles.
As you know, the Stochastic indicator shows overbought and oversold zones. But, personally to me, he helps to find important levels of support and resistance.
The essence of the theory of stochastic cycles
The movement of the Stochastic indicator between zones 80 and 20 displays the beginning and end of the wave (impulse, or mini-trend). But, my observation showed that it is necessary to take into account not all the intersections of zones 20 and 80 with the Stochastic indicator.
The secret of the practice of using stochastic cycles
And the secret is simple: you need to take into account only those highs or lows of the price at which the stochastic indicator began its journey from zone 80 to zone 20 (down), or from zone 20 to 80 (up).
That is, we do not know when the growing price movement will end until the stochastic, starting from 20, comes to 80, and decreases back to 20 (the bullish stochastic triangle). Also with a falling motion, it will end when the stochastic crossed the zone 80, dropped to 20, and returned back to 80 (bearish stochastic triangle).
Support and resistance levels
As you can see on the EURUSD chart there are a lot of highs and lows in prices. There are many different methods of applying support and resistance levels.
Personally, I like my method - drawing support and resistance levels according to the highs and lows of the stochastic cycle.
The reversal line is the level of the stochastic maximum or minimum, which, as a rule, occurs at the base of the previous pulse. The logic is simple: if the price was able to absorb the previous movement, then a turn in the opposite direction is likely.
How to trade
There are several regularities for entering a trade in stochastic cycles.
1. Bullish and bearish triangle
We waited for the stochastics from 20 to rise to 80, and to fall to 20, entry into the purchase.
We waited until the stochastic dropped from 80 to 20, and rose to 80, the entrance to sales.
2. Retest level
We buy if the price has returned to the previous top of the stochastic cycle.
We sell if the price has returned to the previous low of the stochastic cycle.
3. Entrance to the rebound from the pivot line
We buy when the price bounces from the reversal line.
We sell when the price bounces from the reversal line.
Indicators:
Stochastic, 15.3.3.
Timeframe: H1
Currency: EURUSD
Personally, I only trade the retest level - this is a more likely signal.
Rules for entry into position:
We buy if:
The Stochastic has formed a bullish triangle;
We are waiting for the price to fall to the previous top of the stochastic cycle, we enter the buy.
We Sell if:
Stochastic shaped bearish triangle;
We are waiting for the price to rise to the previous low of the stochastic cycle, we enter the sell.
Exit position:
You can use a fixed profit, or trailing stop.
Create your own trading system: entry point # 7We continue to study simple market entry points with you.
Today I bring to your attention the idea for scalping. When there is no clear trend on D1, this is the time for such scalping strategies. Immediately I warn you, on the trend, this strategy may not give very good results.
For our educational purpose, and the selection of different strategies in the trading system, this idea may be appropriate.
Indicators:
Vstop, length 15, source hlc3, multiplier 4.
RSI, 14, hlc3.
Timeframe: M15
Currency: EURUSD
The essence of the idea: the search for entry points in the direction of movement of the indicator Vstop.
The strength of this idea is that during a wide flat, the price moves from level to level, without a certain direction. The task of the trader is to catch the impulse in each such microtrend, and quickly close the position.
In a narrow flat, there may be many small negative trades. But, when taking the impulse, these losses are more than covered.
Rules for entry into position:
We buy if:
Vstop indicator blue;
We are waiting for when the RSI indicator crosses the value of 50 from the bottom up, we enter the purchases.
We sell if:
Vstop red indicator;
We look forward to when the RSI indicator crosses the value of 50 from the top down, we enter into sales.
Exit position:
The exit from the transaction can be at the opposite signal of the intersection of 50 RSI indicator. You can use a fixed profit, or trailing stop.
Create your own trading system: entry point # 6We continue to study simple market entry points with you.
It is very difficult to find the direction of price movement in the Forex market. That is why the indicators of the triangulation of the moving average look very good in practice. The difference between triangulation MA (TEMA) and simple MA is obvious.
Indicators:
TEMA, 100.
Williams% R, 5, hlc3.
Timeframe: D1
Currency: EURUSD
The essence of the idea: the search for points when the price returns to the indicator TEMA.
The TEMA indicator shows us the priority direction of opening deals. He very well shows the turning points, and the edges of the flat. And we will look for the entrances to the market using the Williams% R indicator.
Rules for entry into position:
We buy if:
The price approached the TEMA indicator from above;
We are waiting for the Williams% R indicator to cross the -80 values from bottom to top, and buy.
We sell if:
The price approached the TEMA indicator from below;
We are waiting for the Williams% R indicator to cross the top-down values of 20, and sell.
Exit position:
The exit from the transaction can be the opposite signal of the intersection of their zones indicator Williams% R. You can use a fixed profit, or trailing stop.
Identify Impulse and Corrective MovesMarket moves can generally be categorized as either an IMPULSE move or a CORRECTIVE move.
A fast and strong move is described as an IMPULSE move.
A slow and weak move is described as a CORRECTIVE move.
Practical Exercise
1) Pick any currency pair, any timeframe, and identify the IMPULSE and CORRECTIVE moves on the chart.
2) Draw a line on the IMPULSE move; draw a box on the CORRECTIVE move.
3) Post your chart on the comment section below.
4) Repeat this practice on 2 other currency pairs.
Long EUR/USD!!!SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 4 Hours
Actions on -
A – Activating Event
Currency Pair creating a Double Top .
B – Beliefs
Market will find support at current levels and move towards the first Target 1 level @ 1.1335
FX:EURUSD
Trade Management
Entered @ Sign up for details
Stop Loss @ Sign up for details
Target 1 @ 1.1335
Target 2 @
Risk/Reward @ 1.1
Happy trading :)
Follow your Trading plan, remain disciplined and keep learning !!
Please Follow, Like,Comment & Follow
Thank you for your support :)
This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Possible GBP/USD Short PositionSELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 1-2 Days
Actions on -
A – Activating Event
Currency Pair creating a Double Top .
B – Beliefs
Market will be rejected at @1.299 level and move towards the first Target 1 level @ 1.2835
FX_IDC:GBPUSD
Trade Management
Entered @ Sign up for details
Stop Loss @ Sign up for details
Target 1 @ 1.2835
Risk/Reward @ 3.3
Happy trading :)
Follow your Trading plan, remain disciplined and keep learning !!
Please Follow, Like,Comment & Follow
Thank you for your support :)
This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Create your own trading system: entry point # 5We continue to study with you the simple market entry points.
Today I would like to show you a very easy pattern for making money on the movement of the exchange rate - entry after a price rollback.
Indicators:
MACD 4C with a period of 8, 100.
Timeframe: M15
Currency: EURUSD
The essence of the idea: the search for entry points after the impulse, at the end of the price rollback.
This idea is very simple to understand: you need to wait for a strong impulse up or down, then wait until the end of the price rollback, and enter in the direction of the previous impulse.
Rules for entry into position:
We buy if:
MACD 4C was green for more than 9 bars (impulse up);
MACD 4C draws red histograms of more than 6 bars (case 1);
After that we draw a resistance line at closing prices (see line chart).
We enter into purchases on the breakdown of the resistance line (Case 2).
We sell if:
MACD 4C was red for more than 9 bars (impulse down);
MACD 4C draws green histograms greater than 6 bars (case 1);
After this, we draw a support line at closing prices (see line chart);
We enter sales on the breakdown of the support line (Case 2).
Exit position:
The exit from the transaction can be at a fixed profit, or use a trailing stop.
Create your own trading system: entry point #4We continue to look for your entry points into the market.
I bring to your attention an effective pattern of work in the flat. Traders who work in both directions name a swing - traders.
Indicators:
CCI with a period of 100, hlc3, levels 100 and -100.
Timeframe: H4
Currency: EURUSD
The essence of the idea: the search for entry points in the flat, after the breakdown of the trend line.
Once again I remind you: you need to look for deals only after the breakdown of the trend line, otherwise there will be too many unnecessary signals to enter. If the trend line is broken, the trend line may expand, so a flat is likely.
Rules for entry into position:
We buy if:
The price is near the support level;
The CCI indicator shows two touches of the -100 zone (case 1);
We enter the purchase at the intersection of the indicator CCI zone -100 bottom-up.
We sell if:
The price is near the resistance level;
The CCI indicator shows two touches of zone 100 (case 1);
We enter sales at the intersection of the CCI indicator of the zone 100 from top to bottom.
Exit position:
The exit from the transaction can be based on a fixed profit, or on the reverse intersection of the zones with the CCI indicator.
Gold Long - I think it's a FAKE break, You?For the past 8 day candles, the price closed with higher lows.
But alas! the ninth candle which we are seeing right now breaks out from the streaks.
Now, I wanna avoid the complicated stuff and just dive into 2 simple decisions:
1) The price is breaking below the range, the dollar is still climbing and so is the US stocks market. Imma gonna wait for a clean break, wait for a retracement, and go in for a short.
2) The price is breaking below the range, but heck! This could be a fake breakout just for institutional to go in for the long cheaper. Imma go for a long once the downside is settled.
Oh, there's a third choice by the way: Heck this! I don't wanna get involved in this shet anymore. Imma OUT.
For me, I choose (2). I am ready to take the risk here. The RRR is so attractive in this case so it is worth the bet.
I strongly believe that the dollar and the US stock is way overbought, and the structure of the gold points clearly to the upside.
As traders, we make our own decision systematically(trade what you see) and sensibly(manage risk and only take trades that's valuable).
Create your own trading system: entry point # 3We continue to look for your entry points into the market.
Let's look at another interesting pattern for finding the entry point to the market.
Indicators:
CCI with a period of 200, close, levels 50 and -50.
Stochastic with parameters: 5, 3, 2.
Timeframe: H1
Currency: EURUSD
The essence of the idea: we will look for inputs after the pulse, which will show us the indicator CCI 200.
To avoid a multitude of false signals, we will enter the market once after the impulse, at the end of the first price correction.
Rules for entry into position:
We buy if:
The closing price of the asset crossed the level of 50 CCI 200 bottom-up (case 1);
After that we wait for the end of the price correction after returning it below the zone 50 of the CCI 200 indicator (case 2).
We enter the Buy at the intersection of the Stochastic indicator of the zone 20 from the bottom up (case 3).
We sell if:
The closing price of the asset crossed the -50 CCI 200 level from top to bottom (case 1);
After that, we wait for the end of the price correction after returning it above the -50 zone of the CCI 200 indicator (case 2).
We enter sales at the intersection of the Stochastic indicator of zone 80 from top to bottom (case 3).
Exit position:
The exit from a trade can be at a fixed profit, or at a given trailing stop value.
Create your own trading system: entry point # 2We continue to look for your entry points into the market.
I bring to your attention a simple idea for trading on a microtrend change.
Indicators:
Simple moving average with a period of 144, close.
Parabolic Sar with start parameters: 0.02, increment 0.02, maximum value 0.04
Timeframe: M15
Currency: EURUSD
The essence of the idea: we are looking for entry into the transaction only after the price crosses the SMA 144. We will enter in the direction of the movement of a simple moving average, after changing the value of the Parabolic Sar indicator.
We will take only one signal at the input, only the first signal of the Parabolic Sar. The remaining intersections of Parabolic Sar along the trend can also be taken too, but this is up to you.
Rules for entry into position:
We buy if:
The closing price of the asset crossed the SMA 144 bottom-up (case 1);
After that we wait for the up crossing of the Parabolic Sar indicator, and enter the purchase.
Do not enter the purchase, if not the case 1.
We Sell if:
The closing price of the asset was crossed by SMA 144 from top to bottom (case 1);
After that, we wait for the downward crossing of the Parabolic Sar indicator, and enter sales.
Do not enter sales, if not the case 1.
Exit position:
Options out of the position set. The easiest way out in our case is the reverse intersection of the Parabolic Sar indicator.
P.S. You can improve the results of this idea, if you choose the optimal values of the Parabolic Sar indicator.
BEST of #FXinsights "DIAMOND" TOP of YM1! 2018 CALL SHORT REPOSTREPOST from dec 1,2018
Dow Jones Industrial Average Futures $YM1!
CURRENT SIGNAL "LONG"
BUY from 24386 Current Targets 25602 25912 26268 26966 27506 28464
Based on the #cisGGproTRADER CandleStix Buy/Sell Colors EVERYTIME a Candle Closes Higher than the Open and Signals a Sell (Blue Color) Candle, this begins a ***New UpTrend***
Projection Signal
MonthlyVIEW >
#GreatGatsbyProTrader "DIAMOND" CandleStick Pattern
Conditions:
3 Bar or 3 Months from Last Candle in Pattern or Month
Initial Targets SHORT
Target Low 23467 BreakoutTarget 21808
Key Progression Levels
25471
24917
24865
24246
23817
Orange Bars Signal 966 "Pressure Points" BEARISH
Momentum Signal 335 Points BULLISH
Initial Entry Conditions: Market showing short term bullish reversal signals in long term uptrend; however, Momentum Metrics suggest market must maintain strength greater than 624 + (up) points. Current Metrics suggest uptrend in short term to be less than 754 + (up) points with a Potential MarketDEPTH of 2880 indicating 2126 - (down) points . Also, Daily Chart and 1 hr Chart is currently at the Target High 25602.
RISK: Based on the #cisGGproTRADER CandleStix Buy/Sell Colors EVERYTIME a Candle Closes Higher than the Open and Signals a Sell (Blue Color) Candle, this begins a ***New UpTrend*** ; however, GreatGatsbyProTrader DIAMOND REVERSAL conditions are present on the monthly chart and correspond inversely to $GBPCAD #GBPCAD GreatGatsbyProTrader DIAMOND Reversal Analysis provided below...!!!
Methodology:
1. Use IntraDay Intermediate Term Sell Signals
---> "The Great Gatsby" Reversal Bars #cisGGproMETRICS
---> #cisGGMarketDEPTH & #cisGGproTRADER Buy/Sell Bar/Candle Signals
2. Use Daily "The Great Gatsby" Reversal Bars #cisGGproMETRICS
3. Use Daily #cisGGMarketDEPTH & #cisGGproTRADER Buy/Sell Bar/Candle Signals
Short Term Analysis LONG with Lower Depth
Target High 25602 BreakoutTarget 25912 PressureZone 26268
#cisGGMarketDEPTH Analysis
Daily
631-687 Max Range & 181 Min Range
383 Average Market Depth
379 Real-Time Delta Depth
#FXinsights from JoshuaCorum.com @ #cisTRADING
SHORT YM1! Active Signals: Monthly "Diamond" Reversal SHORT
DAILY CHART PIX>
MONTHLY CHART PIX>
Daily #GreatGatsbyProTrader CandleStix Pattern SHORT
"Pin Stop" "Pin Drop" #PriceAction
Daily Analysis
"Pin Stop" "Pin Drop" Price Action SHORT to at or below 23894
Market Depth is increasing in a bearish direction above the avg 495 at 570 with peak Depth at 885 showing that next trading session has the potential of trading at a great depth or range of 570+ points with sentiment SHORT / SELL side
Price Action Metrics Analysis
All signals are bearish following the "Inside Bar" break last week and current "Pin Stop" "Pin Drop" Pattern
Metrics suggest a lower low and potential divergence trading lower than 23894 and above 23381... So, expecting trading below 23381 over the next few trading sessions
Monthly Analysis
Market Depth is above the Avg 2115 points
Market Depth Peak Target = 3192
Signal = SHORT / SELL
Stopped at Low Target 23894
Breakout Low Target is 21906
Trend Curve Level HIGH POTENTIAL is 24688
Price Action Metrics Analysis
HOT BARS BEARISH PRESSURE trading below 595 + High of ~ 26000 = 26595
SHOW BULLISH POTENTIAL +470 points Higher which signals trading below 24945 is BEARISH
*** Technical Notes ***
Price Action Metrics signal a lower low while current price and current low are higher than previous low... Similar to divergence this signals that healthy price action should be trading at a lower low
TradingView TOOLKIT #TradingViewTOOLKIT
Indicator Solutions from #cisTRADING JoshuaCorum.com
TradingViewTOOLKIT
$TNDM - The trading system Equity Trend to go long todayToday at the market open (Jan 9), the equity trading system Equity Trend will open a long position in Tandem Diabetes Care Inc. (ticker: TNDM)
Each day, the system scans around 10,000 stocks to find just 1 or 2 which are ready to move immediately.
The system combines elements of breakout trading, trend following and risk management from Turtle trading.
System: bit.ly
$MO - The trading system Equity Trend to go long todayToday at the market open (Jan 8), the equity trading system Equity Trend will open a long position in Altria (ticker: MO)
Each day, the system scans around 10,000 stocks to find just 1 or 2 which are ready to move immediately.
The system combines elements of breakout trading, trend following and risk management from Turtle trading.
System: bit.ly
$DORM - The trading system Equity Trend to go long todayToday at the market open (Jan 8), the equity trading system Equity Trend will open a long position in Dorman Productos (ticker: DORM)
Each day, the system scans around 10,000 stocks to find just 1 or 2 which are ready to move immediately.
The system combines elements of breakout trading, trend following and risk management from Turtle trading.
System: bit.ly
$GLUU - The trading system Equity Trend to go long todayToday at the market open (Jan 7), the equity trading system Equity Trend will open a long position in GLU MOBILE (ticker: GLUU)
Each day, the system scans around 10,000 stocks to find just 1 or 2 which are ready to move immediately.
The system combines elements of breakout trading, trend following and risk management from Turtle trading.
System: bit.ly
$MTLS - The trading system Equity Trend to go long todayToday at the market open (Jan 7), the equity trading system Equity Trend will open a long position in Materialise NV American Depositary Shares (ticker: MTLS)
Each day, the system scans around 10,000 stocks to find just 1 or 2 which are ready to move immediately.
The system combines elements of breakout trading, trend following and risk management from Turtle trading.
System: bit.ly
Create your own trading system: entry point number 1We start looking for your entry points into the market. To do this, try different points of entry into the market and leave only those that you understand.
I propose to consider the point of entry into the market on the indicator Bollinger band. We will not study its meaning and calculation formula, because you can find this information yourself on the Internet.
Select timeframe and indicator parameter
To work with the Bollinger band indicator, you need to choose the right parameter. A value of 100 with a deviation of 2 is suitable for timeframes below H4, and a value of 50 for D1 and higher.
Rules for entry into position:
We buy if:
The closing price of the asset was below the lower Bollinger band (case 1);
After that, the asset's closing price crossed the middle Bollinger band from bottom to top (case 2);
Open a position to buy an asset after the second intersection of the middle Bollinger band from the bottom up.
Do not enter the purchase, if there were no cases 1 and 2.
We Sell if:
The closing price of the asset was above the upper Bollinger band (case 1);
After that, the closing price of the asset crossed from the middle Bollinger band from top to bottom (case 2);
We open the position to sell the asset after the second intersection of the middle Bollinger band from top to bottom.
Do not go on sale if there were no cases 1 and 2.
The main regularity of this entry point is to enter the trade after a strong impulse on the new wave.
In its pure form, this entry point does not apply to trade, as additional filters are needed. But, it is needed as a simple and probable way to enter the market.
Exit position:
A probable exit from positions is possible at the intersection of the closing price of an asset of the upper / lower Bollinger bands.