I saw this strategy in the FX magazine and seems interesting the author of the article explained he used this strategy to filter the market and not overtrade. I added the Hawk Eye which was made by Lazy Bear and is excellent to clarify the side of the market. I also use the Bandwith ( which is the difference between the upper and lower band, BandWidth decreases...
KKR is in presence of a rising wedge pattern. The upper trendline of the pattern has been hit for the 3rd time and a short is the best thing we can do.
Channel trading with two possibilities at the end: long or short. I believe the short is the most probable scenario with the channel hypotisis as we have a longer term trendline resistance. If this confirms the price will hit 0.618 zone. If not, the broadening wedge pattern will hit a similar zone to the long side of the channel. ( Green arrow ). For the wedge...
I wil buy some GE stock for now and add some more if the price retests the lower trendline.
Nothing to Say just an Ideai share with you Bullish Belt Hold Bullish Harami Bearish Harami are scripts made by LazyBear
Everything is on the chart. Hope it helps. Bullish Belt Hold Bullish Harami Bearish Harami were scripts realized by LazyBear
Open position at the crossover of the two moving averages. Presence of symmetrican triangle. Period of retest of the upper trendline. Long position opportunity Symmetrical / Ascending triangle
Everything is on the chart. The trend has been speeding faster than before since the 20/05/14
For this trade i would suggest an entry point at 0.382 and an exit a 1.0 If the slope of the down turn is very fast i would rather take my profits at the red trendline. Hope my chart helped you, always glad to share my ideas.
Everything is on the chart this is my trading scenario for the EUR/USD pair
Long for now going to test previous high or reistance trendline. Let's see where it can go after that.
Here are two possible scenarios for BK, i prefer going with the basis BB Line zone position which is more probable. There is also the second scenario (Lower BB zone) where a big drawback is possible because of the time the divergence has been present.
Ebay is deverging the stock is making highers highs while the indicators are making lower highs. I woudl suggest shorting when the 10 MA crosses the 21MA and the price breaks 0.236 zone. At this moment a stop loss should be placed at or a little above the blue line above the 0.236 ratio. Hope this chart gives you a clear view of Ebay
At this time i would suggest doing nothing, we arrived late to the party going long wouldn't be a very good trade. But if we wait we can short the stock at a moment where we'll get easily a 2.80-3 Risk/Reward Ratio (see chart) ---- Hope this chart helped you to have a clearer view of the Healthcare sector.
Feel free to use this chart as a start i wil short this stock if it passes the zone i drawed on the chart.
Just presenting you a little trade i might make. I recommend shorting the stock now, puting a stop loss just above the $6.60 resistance. The risk/reward might not be the best out there, but the stock has a chance to hit the 5.80 support. If you have any questions or remarks feel free to ask i'm always glad to know what other people think of my work. Thank you
Here it is Macy's. we saw twice overbought RSI levels wich led the price to reach the main trend support. This is the 3rd time and with a divergence. the price can be shorted now and for that, i would suggest to place a stop loss at or above the trendline resistance. The only risk we encounter here, is the price to reach the middle trend support and then bounce...