REVERSE! REVERSE!!!...Every Body Clap ya hands! More bullish pressure to the upside. With the way price is moving I'm now looking for a possible break of highs, then signs that we can possibly reverse and become bearish. Since we dont have any early week news there is no excuse to move price just yet so its likely it will continue moving in the direction of the trend until some news happens. Make sure you secure your bag!
Trendreversal
AUDJPY I Wait for bearish confirmation Welcome back! Let me know your thoughts in the comments!
** AUDJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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HOW TO: Trade with TrendDECODER🥇 Best indicator on ProRealTime MarketPlace - Now available on TradingView
✔️ Identify ranges and the next probable moves
✔️ Get the earliest signals and the strength of Trends
✔️ Get clear exits before reversal
✔️ Spot the Fibo levels the price will test
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Trading is Timing !
Stop being too early or too late trading the Trend or getting stuck in a Range.
📌 What is it about ?
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The TrendDECODER is a concentrate of multiple innovations to make Trend following simple and easy .
👉 With the GreyBox© - identify when the market gets out of the Trend with a new sequence of transition. Check if the market is in Range, Continuation or Reversal (Up or Down) and wait for the closing of the box to get the Trend signal.
👉 With the DecoderSignals© & Blue /Orange Clouds© - once the GreyBox has delivered its message, get the new direction of the Trend and see the probable zones of pull backs during the current direction.
👉 With the Projective TrendLine© - see before it happens the direction and the possible angle of the Trend with its probable range.
👉 With the RealTime TrendLine© vs the Projective TrendLine© - adjust immediately if the market accelerates North or South.
👉 With the RealTime TrendLine Crossing© - detect at the earliest the moment the Trend gets out of track, to get out of the train.
👉 With the FiboLevels© - spot immediately which price levels the market will test.
📌 For which asset?
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TrendDECODER works fine on all assets and all time-frames;
🎓 always work on a multi-timeframe environment to minimize risk;
📌 Why we made these innovations?
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Because the trend indicators that we know lag a lot and do not clearly identify ranges!
We need much more powerful tools than Supertrend or a couple of moving averages crossings to get this done.
📌 How to trade with TrendDECODER?
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🔹 Strategy #1: Trend Following : DecoderSignals© & Blue/Orange Clouds©
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The GreyBOX has given the next probable movement and the Signal of a Trend in on.
The RealTime TrendLine guides us on the pace of this movement and the Blue/ Orange/Cloud figures the support/resistance of this movement.
It will be wise not to jump immediately in the Trend as the signal appears as the price will very probably make a pullback in direction of the cloud first.
Strategy #1: Checklist
📍 Set a Multi Time Frame environment
📍 Check that the Main Time Frame and the Upper Time Frame are moving in the same direction (Up or Down)
📍 In the Main Time Frame: check the appearance of the « TrendUp Signal » or the « TrendDown Signal »
📍 Entry: buying « at Market » immediately on a « Trend Signal » is quite risky as many times the price will pull back near the Clouds
> a good option is to buy 1/2 the position at market on signal
> and 1/2 after the first pull back
📍 First Stop Loss: place your SL under the lower border of the GreyBox for an expected TrendUp or the higher border for an expected TrendDown
📍 BreakEven: when the price reaches your Risk/Reward ratio of 1 = Distance StopLoss vs Entry = Distance Current Price vs Entry
📍 Trailing Stop: just under the lowest border of the Blue Cloud (TrendUp) or the highest border of the Orange Cloud (TrendDown)
📍 TakeProfits: in a TrendUP, place your take profits just under the FibosLevels in order not to get exited (and above in a TrendDOWN)
📍 Exits:
> Early option : Crossing of the RealTime TrendLine
> Late option : Crossing of the Blue/Orange cloud
🔹 Strategy #2: Early Trend following : RealTime TrendLine Crossing©
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With this simple tool, get a very early signal of a probable inversion of the current Trend, way before the Decoder Signal is shown, once confirmed by the GreyBox.
Strategy #2: Checklist
📍 Set a Multi Time Frame environment
📍 Check that the Main Time Frame and the Upper Time Frame are moving in the same direction (Up or Down)
📍 Entry (Main Time Frame): wait for the Close crossing over the ReaTime TrendLine in an expected TrendUp (under for a TrendDown )
📍 First Stop Loss (Main Time Frame):
> place your SL under the lower low of the GreyBox (for an expected TrendUp) or the higher high (for an expected TrendDown)
📍 BreakEven: move your SL to Entry price when the price reaches your Risk/Reward ratio of 1 = Distance StopLoss vs Entry = Distance Current Price vs Entry
📍 Trailing Stop: just under the lowest border of the Blue Cloud (TrendUp) or the highest border of the Orange Cloud (TrendDown)
📍 TakeProfits: in a TrendUP, place your take profits just under the FibosLevels in order not to get exited (and above in a TrendDOWN)
📍 Exits:
> Early option : Crossing of the RealTime TrendLine
> Late option : Crossing of the Blue/Orange cloud
📌 Configuration
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Well, basically you do not have to do anything !
But you can make TrendDECODER perfectly yours with a few switches in the configuration panel to make appear or disappear each one of the elements composing TrendDECODER.
How To Spot A Reversal Like a Pro!Hello Traders,
Spotting a reversal is always a daunting task I know. That is I use a 2 Step Down Timeframe Method to spot a reversal in correct way. I have explained step by step so please watch in full to understand it clearly. Also do not forget to like the video and let me know in the comment section if you have nay questions.
Trading as per price action and Fibonacci - 178 points captured BTST trade carried based on S/R levels as per the Option chain, further identified "M" pattern in smaller time frame to have a view for trading. Was able to confidently carry the trade on weekend as per the support level and was sure for gap up opening today on Monday. Full video of this trade is already uploaded in part 1 & 2.
Click on link below in related ideas.
Bull Bear Power Void with a Killer Exit IndicatorWelcome to the coffee shop everybody and this is your host and baristo Eric. the bull bear power void has had a massive update since the last time I have been in the shop. So thanks for joining me on this one.
THE BACKGROUND:
I have recalculated the background to show you when you are looking for Longs and when you are looking for short trades. It's simple enough and the background is either red or green to tell you early that the trend has changed. just because the background color is red doesn't mean enter short it means that a retest is coming and a Divergence is about to complete. The same thing goes for green. when it changes to Green it means that a retest is coming or that I Divergence is about to complete and you trade into that direction.
The light blue filter is called the Volume regression moving average. this does a really good job of telling you exactly what's happening with volume as it's moving along. it calculates against the highs and lows of the immediately closed volume bars so when you break a previous high or a previous low then you know you have broken a range and you have maintained a new structure.
breaking a previous high or previous low also means that you can either trade to the long side or to the short side. This is just an added confirmation to layer into your background and your volume bar colors.
VOLUME BAR COLORS.
Speaking of the colors of the volume bars. I've changed them to make them a little bit more intuitive for people. Now it's really simple. if you have dark colors like dark green and dark red then you know volume is moving to the upside. if you have light colors like light green and light red volume is moving to the downside.
These colors are irrelevant to the location of the bar meaning it doesn't matter if the bar is liked or dark color above zero or below zero.
if you get a dark color below zero you're still moving up anyway because up is always up and down is always down.
the short of it is dark colors mean long light colors mean short.
The final Clincher of the updates to the bull bear power void is another filter using a hull moving average calculation.
in this oscillator it's shown as a purple moving average. this does an excellent job of telling you when a pullback is over or a trend is over or a trend has lost its momentum. it is the final layer of Confluence to tell you that the move you were in is over or it's on pause.
the bottom line is that this purple moving average is to be used as an exit indicator not an entry indicator.
When the light blue and the purple moving averages cross each other above closing volume or below closing volume is when you have a strong move in the opposite direction. These two moving averages combined are always pushing volume away from it.
as you watch your charts you'll notice that primarily volume will exist inside of these two moving averages in other words you will have these two moving averages at the bottom of your panel volume will exist above them and then the zero level would be there if this is the case you have an uptrend.
Potential Trend Reversal?Bulls look like they're staring to lose volume inside this weekly supply zone, after almost 3 months of trending bullish are we looking at a potential trend reversal?
Today i'll be anticipating a fakeout to the lows before closing back inside the 1/4H range and then testing previous resistance, however if price breaks down and closes below current supply i'll be looking for retest/continuations!
Let me know your thoughts!
AUDUSD NEW UPSIDE TREND!?!! 4H REVERSALSo price right now is grabbing my attention as we are at a way better spot for entry, 61% retracement at the time of writing this so definitely interested in buys if we continue this rejection. Remember its the start of the week so stay patient we will always have opportunities throughout the week so no need to rush any trades.
AUDUSD as expected HUGE UPSIDE MOVE!!!As expected price made a lovely rejection from the bottom of this consolidation zone and break out to the upside showing that we could be in for a longer term trend change. Ill be looking for price to make a pullback from the bullish move and look at catching the continuation leg to the upside. Wait for the best risk reward and follow market structure, price more then like always gives you a second chance to get into a trade so always stay patient!!
EURUSD SHORT TERM UPSIDE TREND CHANGE Looking for more rejection on and around 0.97 for a push to the upside.. I do think price can make a bit of a long term consolation from around this long term support... Be patient as always! trade smart and keep on top of risk management before entering any trade! Hope everyone has a good week
An easy but effective strategy for buying Nasdaq (backtesting)Hello everyone,
Nasdaq has been trading down this year, but it has made a new swing high and a higher low on daily timeframe after reaching a key zone (explained in the video).
RSI is showing bullish signals on daily and H1 timeframes.
Buy on the m30, after candlestick signals on Fib levels, and catch your profits!
Goodluck,
Joe.
How To : Momentum Shifts ( Key Set Ups)
Hi Traders! Lets review 3 Trade SetUp For Key Momentum Shifts:
For the past 28 years, I have been using three simple trades setups, that I'll explain in the video, to be selective in my trades and to identify key momentum shifts in the market. I hope these setups will be useful to you as well.
High Frequency Traders and Professional Traders will often run retail trader stops by blowing through key support and resistance levels like round numbers only to reverse shortly afterwards. We must protect ourselves from these tactics and be careful not to chase a move or get stopped out.
Recognizing and patiently waiting for one of these trade set up will help especially if you combined or recognize them with a chart formations like a double tops or head and shoulder pattern.
Trade Setup 1: Cross above a key resistance, recross below = shift of momentum. The same setup can be used with a cross below a key support level.
Trade Setup 2: Cross above a key resistance, recross below and a retest of the resistance with a Lower Higher = shift of momentum. This is my preferred setup.
Trade Setup 3: 2 touches to a key resistance or 2 touches to a key support and entering on the 3rd touch for a 66% probability of successful trade.
I hope these setup are helpful, whether you trade or invest, using key momentum shifts with support and resistance lines.
Hope it helps
Take care
Marc
HOW TO TRADE THE DOW-JONES(US30) INDUSTRIAL PROFITABLY.IN THIS VIDEO, I EXPLAIN MY METHOD OF TRADING THE US30 AND HOW TO PREVENT BEING VICTIM TO FAKEOUTS TO THE DOWNSIDE, USING FIB-RETRACEMENTS AND THE PARABOLIC SAR INDICATOR.
US30 IS NOW AT AN ALL-TIME HIGH, AND AS THE PERFECT INVESTORS STATE "BUY LOW SELL HIGH" , PLEASE LET ME KNOW WHAT YOU THINK OF MY ANALYSIS IN THE COMMENT SECTION AND LEAVE A LIKE.
INDICATORS USED FOR TRADING US30
> PARABOLIC SAR FOR CONFIRMATION
> MACD FOR TREND REVERSAL
> MOMENTUM FOR KNOWLEDGE OF WHEN TO ENTER
> RSI TO SPOT REVERSALS
> FIB RETRACEMENTS TO PREVENT FALLING FOR "FAKE-OUTS"
> STOCHASTIC OSCILLATOR TO SPOT TREND REVERSALS
IF YOU ARE NEW TO TRADING THE US30, PLEASE BACKTEST THIS STRATEGY USING A DEMO-ACCOUNT!
THANK< AND DROP A FOLLOW FOR FURTHER ANALYSIS.
DAX-DE30 video top-down AnalysisHello everyone, here is the top-down analysis for DAX, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!