We can only trade what we can see. We don't predict the future. And we don't have a crystal ball. We can only take small risks on a highly probable outcome. Follow for more trading insight.
Taking this trade for the leap competition. 4 hr momentum is down, 1 hour trend is down Scanner showing strong supply zone on 15 min chart.
Trade what you see... not what you "think" will happan. Remember no one has a crystal ball. Let's use our TrendCloud rules of engagement to take this trade when we observe a "reaction" to this area. TrendCloud Rules: click the link in my profile and I will send it to you :)
We have an extended trend on Gold right now. When will a deep pullback take place? Let's take a closer look and see... 4 hour trend is extended, and the 1-hour trend has just been recalculated. We are expecting the 1-hour trend to continue down to a level of demand located near the 100 SMA on the 4 hour chart. Once we hit demand, then start looking for...
CCI is above +100 on the 1 hour chart We are at the beginning of the 1 hour trend and creating the 2nd wave. Previous resistance is now becoming support. We are also finding support at the 1 hour TrendCloud. 4 hour chart is also in an uptrend. Trade entry at PDO Let's see if we can catch this 1 hour trend for 5 waves.
4 hour chart MACD is showing bearish divergence and also cycling down. 1 hour chart is in a downtrend and CCI is below -100 15 chart shows a downtrend and Fibonacci retracement level of .618 inside a supply zone. Let's see if we can hit .618 and take the trade short all the way to the 50SMA on the 4 hour chart.
We can only take what the market gives us. We can control the market. We can only control our stop loss and manage the risk in our trade. Hopefully, we get the full 5 waves out of this trend. That would be an awesome payout! Link to this strategy in my profile :)
TrendCloud Signal triggered on Crude oil today. blue line: entry Red line: stop loss 4 hour / 1 hour / 15 min charts all line up in trend strength and momentum. Trade Plan link in my profile.
Using the TrendCloud System can help you focus on finding that sweet spot entry for all of your supply and demand zones. You will also see confirmation entry signals as the trade plays out. You can use these signals to increase your position size and maximize your profits.
4 hour chart: Trend is down and cycling down. Momentum is flashing red. 1 hour chart: Trend is down and CCI broke below -100 15 chart: pullback into TrendCloud and Supply zone. Target is at first ADR checkpoint
This is how I like to combine my demand zones with TrendCloud. Notice how TrendCloud counts the waves in this downtrend. As price falls we also see Bullish Divergence on the TrendCloud Momentum Filter. When you combine these together you get a higher probability of success. Add this to your trade plan and let me know how it works out. Enjoy!
I love it when a plan comes together and we all profit from it. 4-hour chart momentum filter is down 1-hour chart CCI is below -100 showing how we "objectively" look at our trending timeframe. 15-min chart shows our TrendCloud momentum signals (3 in a row!) This was truly worth waiting for and very profitable. Let me know if you need more info into this...
If you are in this trade on the 1 hour demand zone then I would start taking profits and keep a close eye on this one! Here are the MAIN 2 reasons! 1. The 4-hour chart is in a downtrend on your TrendCloud (shown by the red candle and black cross) Momentum filter is also down with a bearish divergence signal. 2. The 1-hour chart is in a downtrend and CCI is...
Watch how TrendCloud lines up this momentum shift on Natural Gas. 4 hour chart: Trend and Momentum are both red, and breaking structure to the downside. 1 hour chart: Trend is down, so TrendCloud turns everything red and shows you a crossover signal. CCI is also below -100 15 min chart: TrendCloud Entry signals start flashing. At this point you can take the...
The 4-hour chart is down and hitting new lows. However, we see strong "upward" momentum. hhmmmmm? We also see a trend reversal on the 1-hour chart with strong CCI readings above +100 Because of this, we can no longer take any supply zones short. (see trade plan in my profile) Use your trading strategy only when trend and momentum lines up across multiple...
BOIL is in a strong downtrend. The daily chart has hit a new low But the 1-hour chart has now become "extended" Remember there are 5 waves in an average trend. Once the trend becomes extended, the price likes to break above the 50 SMA to "recalculate" and continue or "recalculate" and reverse. We love both right? The question becomes, which direction will...
Hey Gang! We have a NEW supply zone on both the 1 hour and 15 minute charts. Notice how the CCI on the 1 hour (middle chart) dropped below -200 and remains below the zero line! We also have downward momentum on the 4 hour chart! So what the heck does that mean you say? It means Momentum and Trend are in the same direction across multiple timeframes! We...
Here are the best timeframes to use on RDDT mostly because we don't have a ton of data on it yet. In this tutorial, I will explain all 3 timeframes and how to use them in your analysis. Enjoy!