Trendcontinuation
EURUSD - From one Level to another - Swing TradeHi Traders!
The market is in a downtrend!
As you can see there are is coming a Trendline from above.
It is a descending Trendline which is also a Resistance.
Furthermore, the market is no in a consolidation.
This consolidation occured after the breako of the Support-Trendline.
Because of:
- The descending Trendline
- The pressure of the 200MA
- The recent momentum (see at the last tree candles)
we recommend to trade the breakout downwards.
Thanks and successful Trading :)!
AUDUSD - Repetitive Pattern? - EASY Market StructureHi Traders!
The market is clearly in an uptrend.
It is making higher highs and higher lows (see arrows).
So, the first trending move was until the orange Resistance area at around 0.62000.
After that, it retraced back.
This Retracement Move was in a parallel channel.
Then the market broke the channel and the Resistance too.
The second Trending Move was until the Resistance at 0.64500.
After that the market was making a Retracement Move.
Now the market is also testing the broken Resistance - which is now a Support.
We recommend to trade the Breakout for a Trend Continuation!
Thanks and successful Trading :)!
USDCAD - After Breakout - Don't miss the Up-Movement!Hi Traders!
The market is - according to the 200MA - in an uptrend.
As you can see the market was moving under the trendline.
At one point, the market had very low volatility.
So, it combined the energy and broke out of the trendline.
Now it is retesting it and is again in a consolidation.
Because of the Breakout and the support of the 200MA, we expect that the market will move further.
We recommend to wait for a retest!
Thanks and successful Trading :)!
EURUSD - Next Swing Trade - Multiple Buy Point
Hi Traders!
If you look at the H4 Timeframe you can see that
the market is neither in an uptrend or in a downtrend.
Why? The market either need higher highs & lows or lower highs & lows to make a trend.
And what do we see?
What you can see is higher lows and lower highs and a Support-Trendline (on H4).
However, in the H1 Timeframe you can see a tiny uptrend.
The market is movin in a parallel channel.
Furthermore, it starts to respect the 200EMA.
We recommend to buy at the Buy Point, for a low-risk trade and a good target.
So, the entry triggers are:
- strong H4 Trendline
- bottom of the Parallel Channel
- 200 Exponential Moving Average
- tiny Uptrend
Thanks and successful Trading :)!
AUDUSD - Waiting for Pullback - TREND-CONTINUATION TradeHi Traders!
As you can see the market is in an uptrend.
The market started rallying since it was at 0.55000.
After that the market went up.
But, why is it in an uptrend?
Actually, the market was not in an uptrend until it broke the resistance at 0.62000.
Until than, the picture was like that:
- Overall market in a downtrend,
- market now consolidating,
- waiting for trend continuation.
But then the market broke this level, so the picture is now:
- Market in a fresh uptrend,
- just broke the level,
- waiting for a retest,
- making profits in trend continuation.
We recommend to buy the successful retest of the breakout!
Thanks and good luck :)!
Who like Rainbows & Trends?Simple Strategy utilizing 3 Simple MA Channels
Simple Moving Average Channel Settings
------------------------------------------------------------------------
First Channel: |
70, High | Colors:
70, Close | Green w/Red Borders for Up and Red w/ Green Borders for Down
70, Low |
------------------------------------------------------------------------
First Channel: |
233, High | Colors:
233, Close | Orange w/ Blue Borders for Up and Blue w/ Orange Borders for Down
233, Low |
------------------------------------------------------------------------
First Channel: |
610, High | Colors:
610, Close | Magenta w/ Yellow Borders for Up and Yellow w/ Magenta Borders for Down
610, Low |
------------------------------------------------------------------------
Momentum Settings
ThreshHold is Set to level 0.0
Up Trend ThreshHold is set to 0.00100
Down Trend ThreshHold is set to -0.00100
------------------------------------------------------------------------
First Mementum: |
34, Close | Colors:
| Green when >= Threshold 0.00100 & Red when < Threshhold 0.00100
------------------------------------------------------------------------
First Mementum: |
233, Close | Colors:
| Orange when >= Threshold 0.00100 & Blue when < Threshhold 0.00100
------------------------------------------------------------------------
First Mementum: |
610, Close | Colors:
| Magenta when >= Threshold 0.00100 & Yellow when < Threshhold 0.00100
------------------------------------------------------------------------
We use the MAs to determine when we are reversing.
We use the Momentum(s) to determine when we are consolidating on what time frame and to confirm moves.
Use at your own discression, but I myself get over 100 pips most days from this strat.
If you need the Code for these custom Indicators, let me know and I'd be happy to help.
NZDUSD 1HR Ascending Channel ReversalHi Traders,
Today I am looking at NZDUSD on the 1HR TF as we have recently seen prices rally but we are beginning to see buying pressure lose momentum as price action moves within a ascending channel and respecting .610's even handle (Structure resistance). I believe we may see prices decline into the highlighted areas of structure following this slow down in bullish momentum. If we do see a retracement lower then I will be looking for entry reasons to buy the market on the pullback in anticipation for a longer term bullish trend continuation move for a retest back up at .610's.
Double MA ChannelsSimple strategy using 2 Simple Moving Averages channels, Momentum and ADX with Directional Movement
First Channel:
70, High
70, Low
70, Close
Second Channel:
144, High
144, Low
144, Close
Momentum: 34
ADX: 14, 20
To use this strategy please refer to link related to previous post.
The SMA 144 channel is used to determine the strength of a trend. Kind of like Bollinger Bands, the 144 will move farther or closer to the 70 depending on the strength of the trend. It's goo to tell you if you have incoming consolidation.
Bears vs. Bulls - ConsolidatingSimple Triple 70 MA with Momentum and ADX
Bears and Bulls are struggling for the lead as we're seeing consolidation in EUR/USD.
Be sure to check your work on this one as we could see a possible reversal in the near future. However, for now, make sure if you've taken a Long position earlier today to stay in and don't fall for consolidation until you have confirmation from multiple sources.
We could see a reversal and go down OR we could see another upward impulse move giving you more profit.
Be sure tho, to mark your Stop Losses to maximize your profits.
Want to know more about the strategy? See the Linked Post
Reversal or Continuation? Thoughts?Simple strategy using:
Simple Moving Average: 70, High
Simple Moving Average: 70, Low
Simple Moving Average: 70, Close
Momentum: 34, Close
ADX w/ +DM & -DM: 14, Threshold 20
We use the Simple Moving Averages channel to determine if we have a Long or Short Signal.
The Momentum indicator is used as a confirmation indicator to confirm if we have a trend starting
We use the ADX indicator with both Positive and Negative Movement to determine both the Direction and the Strength of said trend. We also use it to confirm if the pair is Consolidating or not.
Here are the Rules:
Long entry: Closing Price must cross above High MA AND Momentum must be above 100% level
You can also use the ADX to determine the strength of the trend and when you should be pulling your trades out.
Long Exit: You should be pulling out if you see consolidation or whenever you feel confortable. This is mainly a personal preference. I personally prefer pulling out after about 50 pips and I'm seeing a lot of consolidation.
Short Entry: Closing Price Must be Crossing under the Low MA AND Momentum must be falling below 100% level
Short Exit: Refer to Long Exit.
If you have any questions, comments or ideas on improvements, feel free to leave a comment or send me a PM.
EURUSD - After Breakout - Trade the Trend Continuation!Hi Traders!
The market is in a downtrend.
As you can see the market was respecting the trendline.
After that the market was in a very tight consolidation around 1.08000.
So, some candles after that, the energy "exploded" and the trendline broke.
In this moment it is too early to sell, because there is still much bullish power in it.
But after a second movement like this (potential mini Flag Pattern) , the sellers have a better chances.
The "waiting area" is around 1.09400 and before that we won't sell.
We recommend to wait for a candlestick pattern!
Thanks and good luck :)!
GBPJPY - Trend Continuation - EASY Trade SetupHi Traders!
As you can see the market is in a downtrend.
The market made a big bearish trending move.
It started around 145.000 and has fallen to the area of 124.000.
During this session the market respected the 20MA.
After that the retracement move started.
The market has risen until the resistance area at 134.000.
Now the market is consolidating in a tight range.
It is moving around the 20MA.
This is a good setup for many traders, because the more "tight" a market moves, the more "explosive" are the Breakouts.
That's why we recommend to take the trade during high momentum.
BONUS SETUP : There are also chances that the market makes a trend change.
If the market is going to do so, it'll have the break the consolidation area to the upside.
So, if the market has enough momentum we'll buy the breakout upwards ;)!
Thanks and good luck :)!
GBPAUD LONGI've posted an analysis for this pairing a week or so back and it has played out exactly as i've predicted. Now I am looking for a long setup from my trendline to the most recent high. My expectation after this is for price to conclude a double top and for us to short the pairing but for now this is what I have. For any further questions kindly contact me on Instagram @avesworld2715
Happy trading!
EU TO 1.20 ? (UPDATE)I think this chart was worth a post of its own post, so I decided to share it again.
In the previous post on this pair I still had the descending channel highlighting the bearish market on the chart. The retracement has been greater than 50% of the previous swing so I think it is about time to check for bullish signs.
We are looking at a bullish market shown by highlighting an ascending channel. We have an ab=cd pattern, with structure and completion point showing confluence with 38.2% and 61.8% fib levels creating a cluster. Price starting to form a potential double bottom at the support.
Assuming 1.09 holds EU could potentially be heading towards 1.2 or even higher.
Good luck to all trading EUR/USD these days!!
EURUSD - Waiting for BREAK of Parallel ChannelHi Traders!
The market is in a downtrend.
As you can see it is now retracing in a parallel channel.
The market is going towards the resistance.
We'll wait until the market touches it.
For moving down lower the market should break the channel.
When the channel breaks, we will sell.
The first Take Profit is at the first (weak) support.
The secound Take Profit is at the secound (strong) support.
We recommend to trade during high momentum.
Thanks and good luck :)!
USDJPY TREND CONTINUATION Please support this idea with a LIKE if you find it useful.
here is the analysis for USDJPY
prices moved nicely since my previous analysis, you can see link below this idea, no am looking for price to retrace to 109.00 psychological number were we see aalso support zone and fib 127 extentsion
If you like our idea and want to see more press the like button, share it, and do not forget to let us know your opinion below the post
Disclaimer: This information is not a recommendation to buy or sell. It is to be used for educational purposes only**
Trend continuationStiamo assistendo a una situazione estremamente complessa. Le misure messe a disposizione dalla FED ( abbassamento tassi a 0-0.25 e stanziamento di 700mld) non sembrano rassicurare il mercato, spaventando dal covid19. Infatti il timore che presto si sviluppi negli USA come avvenuto già in Europa, spingerà il prezzo giù, con una forza mai vista prima.
Proteggete i vostri capitali e sfruttate l'occasione con le Opzioni, strumento perfetto per questi momenti di grande volatilità.
Il peggio deve ancora venire e ci tritroveremo presto in una recessione mondiale, che potrebbe durare tutto l'anno.
Mi aspetto un rimbalzo sulla soglia psicologia dei 2000 dollari.
Attenzione quindi e buon trading!
USDCAD - PERFECT Bullish Flag - Trend ContinuationHi Traders!
The market is in a healthy uptrend.
As you can see, the market has risen strongly.
It is making big trend moves and then some midterm retracement moves.
Now the market is in a retracement move.
It is at a resistance, but higher lows are coming in.
That means that the traders are ready to buy the market.
This creates an ascending triangle.
If we put all these information together, we can see that the market has formed a bullish flag.
So, because of the higher lows we can have a smaller Stop Loss and a greater risk-to-reward ratio.
Out target is at the same height as from the last swing.
We recommend to buy the breakout with a small SL and a RTR of 1 to 4.
Thanks and good luck :)!