the zigzag auto horizon lines indicator is a great tool but to make it even better (precise) you could should use only the nearest support/resistance level clear 3 times up move on S&P and clear 2 times down moves dont worry if you miss the entry on first touch, there will often be another rejection
today going short from the very minute of the regular trading hours session was possible because price was in FVG area and had a overbought setup on percent R indicator on prior days the FVG area had to be reached first and then a short was possible with low risk now the trailing stop remains on top of the daily bar
the Nasdaq seams to be most profitable when buying above the wednesdays and fridays high this avoided entries in the bearish move on july 2024 breakeven stops in aug 2023 only small losses in jan/april/sept 2022 all in all a pretty good strategy when exiting below the low of prior two days
now we have the 3rd new moon backtest show that after 3 moves in one direction its time for a correction. so exting CAD short at the new low looks like a good idea. reason to get into the short trade was a low COMMERCIALs Position on the COT index, now we have a much higher reading so its time to exit DOLLAR long positions as well
there is a reason why coins like BINANCE:AGLDUSDT move higher: the had a disruptive up move (FAIR VALUE GAP=FVG) the crypto scanner shows you these kind of coins with 10%+ weekly perf there are often good for another 15-25% upmove (10x leveraged this is 150 to 250%) FVG entries often have exit at 2 times the entry risk as you can see on the hart 0.25 to 0...
as you can see from backtesting buying at a new moon has a very good strategy, especially when exiting after fullmoon last couple of entries had the lowest risk at a prior stop level from a prior strong upmove that would be currently at 93600 however keep the seasonality in mind so selling of a prior daily high is also possible my point here is to hold a trade...
its the best time of the year, so people buy lots of chocolate end of october there is usually an up trend in the cooca futures market for entries a long above 18 sma is the most simple entry and an exit would be a 3 bar trailing stop or the new high
bingx allows you to trade with high leverage on tradingview so setting an alert for any new coin that goes above a 50% daily change is the entry trigger for coins like BINANCE:PNUTUSDT today. Taking profits at extension levels or simply trailing the stop. now we are at 233% daily gain for PEANUT THE SQUIRREL
bitcoin CRYPTO:BTCUSD INDEX:BTCUSD CME:BTC1! daily chart: buying above the high of prior days bar on new or full moon and holding till next new new moon is somehow still a profitable strategy. on the 15 min chart the time base entry on 2 am UTC+1 time (long on any day execpt tuesday / wednesday) and exit on 10 pm is also still profitable. other cycle...
gold trading secret: long gold on thursday if price is below 18 sma obviously this works now because we are in an uptrending market, but look at the charts in sidesways and downmoving phases, thurday morning seams to be a pretty good spot to enter long
the 15 min Heikin Ashi chart provide very good entry and exit signals with the infinity algo indicator (TP at first target)
if prices goes up and touches a prior support (most of the time from prior day) then its time to short so either use the swing indicator or draw your self the 30 min swing points if you missed the 18500 short today, monday will most like have a rally up to this level but in order to with max amount long there needs to be now first a new high and then a price to...
quote larry williams: "daytrading is just price price momentum." there is not a strategy that works all the time, especially the fancy looking ones like ICT buying in a "value area" are very frustrating to trade. WHY not simply buy and sell levels that every algorithm sees and trades? prior day true range (from open to close) has usually a good 50% level where...
reversal on top so short down to target prior swing resistance
new high on weekly monthly daily chart with COT commercial Index bullish
at the moment BINANCE:BNXUSDT made a new weekly high so only looking at the chart pattern it is the coin with the most potential (going back to ATH is a 100x+) simply riding the trend with a stoploss below 18 SMA btw. BITGET:TONCOINUSDT is still in an uptrend
ignoring the saturday and sunday priceaction on bitcoin its pretty clear to enter like on nasdaq if PERCENT R indicator is below -67 above 200 sma and exit with a trailing stop below prior days low
entry: percentR indicatory is on minus 67 and prior days closing price is in a fair value gap area or half of a prior down wick securing profits with a trailing stop below prior days low backtest shows pyramiding 7 times with 1 contract had a 1 million $ reward on NQ in last year