Trend-analysis
ZW1! Long IdeaHi guys ! My view is a long position for ZW1! according to G20 meeting Trump - Xi Chiping will find a short timely solution about the recent trade war , so agriculture futures will temporarely rebound i think . According to my technical indicators that i use ADX and Vortex index , they signal a buy just for a quick trade . ADX tends to achieve 40 and the + vi is above the -vi which is a buy signal. My target is for now 525. Hope you find that usefull , have fun ! This post is not an advice , it is just an idea so be carefull for any positioning.
XLM is looking ready for making a big pushXLM is looking fantastic at the time of writing for some major bull-movements on the mid-long term.
1D CM Stoch fired Buy a couple days ago for the first time in a month, and Maxx Momentum has shifted from bearish to bullish awaiting a crossover in the following days. I'm very excited to see where XLM will end!
On the long term we have been holding well despite the big BTC dump which is directly telling me that this is a strong asset not directly controlled by BTCs price movement. Even though we might get another leg down on BTC, I feel confident in XLM holding this range. What we need to take back ATH is breaking up from the current trending channel and getting a confirmed bounce. The orange lines on my chart is not random places. These are daily and weekly levels which needs to be tested and regained for further growth.
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End of correction on Sep 23th, 2019Greetings fellow traders. This is a remastered version of a graph from "Andbcoin": www.tradingview.com
I have come to slightly different dates and price levels, which show 0.382 fib at 23 Sep 2019 to bring us a $4950/BTC bottom. The controversy of this graph is the fact that we have a bottom being very close to the next top in Feb 2020. What are your thoughts?
Decision time approaching very soonBTC is just trying to postpone the inevitable: A big move is coming.
Now, in wich direction will the move be, this is the golden question?
Unfortunately we can totally forget answers from classical indicators such as Stoch RSI or MACD, because they are totally stuck in the middle, not yielding any clear indication of what BTC will preferentially do.
On motnhly scale we are very oversold and resting at the middle BBand. No direction there yet. Could go on down, could turn around.
The only indication on monthly, that we could go up is, that the lower BBand finally came upwards. That was historically a sign of bullish turn-around. Let's see if this will be the case now, but it could be an indicator.
On the daily, which I plotted above, we can see that Bitfinex shorts are coming down fast, which could indicate another downward move. But then again, this long/short ratio is not what it used to be, volumes on finex
are very low, and I don't think it has the importance which it once had.
This big triangle will come to an end in a few weeks tops.
Then finally, we'll have decision time. No more excuses for BTC, and finally a clear direction again for the coming months.
GBPJPY: Important Zone Right Now Good morning everyone,
we are looking at the current price of the GBPJPY pair. As you see price is on a major 4h trend line right in a consolidation zone there (marked as always in yellow boxes). Also on lower frames like the 1h it formed a nice reversal candlestick wick down and this is were we entered. It was like 30 minutes ago. Please be aware that this is a swing trade and another fake out below the trend line could easily happen.
See you in profit guys!
AUD/JPY Long Oppurtunity Price action analysis of AUD/JPY.
Long only valid if retest of demand area show no signs of remaining supply. This is a red, narrowspread candle, with volume lower than the previous two candles happening in the Orange zone.
Look then at text candle if criteria was hit. Next candle must be green, closing above no supply candle. Enter on a break of that green candles high. Stop loss under orange zone.
EURCAD: Daily SwingTradeHappy Sunday Traders,
We are looking at the EURCAD in the daily chart. Who remembers my last idea about GBPCAD ?
EURCAD is pretty much looking the same right now. We are in a daily downtrend along the trend line, price touched it often in the last days. On Friday there were CAD News which was strong for the Canadian Dollar so we saw every XXX/CAD pair falling, means the trend is holding. We are waiting for another move up near the line to enter the short position. We will keep you updated.
Wishing everyone a good trading week.
BTC (9/17/18) NeutralThe .382 fib level, trend line support, and 50ma all seem to coincide at the $6390-6400 range. a close below this I believe will continue the bearish market trend. A break above the trend line resistance would likely bring us to the 100 and 200 ma around $6625. Also, Btc had its lowest volume day since Nov. 6th 2017 (source coinmarketcap historical 24/hr volume - all exchanges) & Bitfinex hit its lowest volume on the weekly chart since July 2017. Possibly something big in the works coming soon. Trade careful.
Eos (9/12/18) Possible shortI've entered a short at 7830 Sats after a pump up to the trend line resistance on the 4hr which was also held down by the 50 & 200ma's. We are currently resting on the .5 fib level and I am expecting a drop to at least the .382 as a healthy retracement to the move up we recently had. stops lowered as we drop to lock in profit.
Sell the next Impuls. Very great chance with great potential!Hey guys,
quick another chance with a nice potential!
We still see a downtrend and should finish the last correction very soon!
If we can`t fight us above this heavily defended zone, sell @ 1,71 and enjoy the coming profit.
Or will the brexit-news destroy my idea?
Entry: 1,71
TP 1: 1,66
TP2: 1,62
Let`s see what happens. :-)
Peace and good trades
Irasor
Trading2ez
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
PGNX TRADE UPDATE POTENTIAL LONG PGNX POTENTIAL LONG
I had made a post on August 28th for a potential long opportunity on this pair. After letting the market play out for a few days it has given me a better structural trade and better looking potential long opportunity for what I like to trade. This pair had made a strong push from the $7.30 price area to the $9.30 price area back in late July to late August. This strong push had been a point of interest for me due to the fact that momentum is a big tell on what the market may potentially do and where it could potentially go, so I waited to see what the pullback entailed. Always remember trading is about probability, nobody could for sure 100% guarantee what the market is going to do next so it's our duty as traders to only trade setups that have a good probability to go in the favor we have analyzed it too. So here is my next thought for this pair.
1D Chart:
*on this time frame chart it had displayed a very strong and healthy push by the buyers back in late July and early into August
*the momentum of the push had been a strong buyer momentum push showing strong interest
*the pullback on the 1D chart by the sellers had been clearly weaker than the push to the upside (better probability)
*once this pair had pulled back almost 100% you can see it started to form an ascending trend line with interest from the buyer
4H Chart:
*on this time frame chart it shows how once the pullback had occurred the buyers started to take interest again by forming an ascending trend line with stronger momentum on the buyer side
*this displays the fact that the buyer may most definitely be still interested in purchasing this pair (now at 100% discount from peak)
*watch how price reacts at this ascending trend line and look for strong buyer interest again at the trend line
Based on the setup of this trade, I dont usually give stop losses because risk is different for every trader, but if price hits 7.50/7.10 price level I would hold off on looking to go long on this pair. But aside from that as long as its above that price and we see that strong buyer interest again look for this stock to make a nice push to the upside.
Remember ALWAYS have a trading plan when approaching the markets. You never want to come into the market unprepared because it will take your $ every single time! ALWAYS make sure to also implement proper risk management never risking more than 2% of trading capital as well as a good risk/reward ratio to make your trades more statistically probable for profit.
Cheers! Keep an eye out !
HOW to indentify a TREND! MUST see for beginners! #EZ-learningHey tradomaniacs and becoming traders,
I love sharing my knowledge and wanna help everyone who is interested and trading. :-)
Check this "journal" and start to understand the market.
Most of us know how a trend works. BUT NOT WHY!
I hope this will help you out to understand and improves your abillity to indentify Trends.
Peace and happy learning
Irasor
Trading2ez
- Wanna see more? Don`t forget to follow me!
- Any questions? Wanna more stuff PM me!
USDJPY New Swing OpportunityUSDJPY
Waiting for sell signal too enter shorts targeting 106
Trading method: RSADVANTAGE Stage 5, accurate system manually forward tested over 3 years designed to stay out of ranging markets and only target strong trends suited for swing trading. This system is made of custom adaptive volume indicators and Oscillators that properly detect trends very early and provides exit signals at dynamic S/R zones once the trend has ended. // Average yearly pips gained is 40k per pair on D1 charts alone. I have provided a similar limited version of the system on Trading view to help traders visualize the strategy.