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
backtest shows even for the slow moving bitcoin compared to altcoins the 1% to 1.618% gain seams to work so simply set an alert when bitcoin raises 1% per day to enter for an at least an extra 0.618% gain
a fully automated strategy would look for any crypto futures asset and buys as soon as it reaches 10% daily gain then it exits at the fibonnaci 6.18 extension for gain of 6.18% theory if a coin rises 10% it has enough drive to extent up to 16.18% does any one have experience with this strategy, for the past weeks it worked fine (as we are in a crypto bull market)?
almost every day we see 100%+ gains on crypto assets that can be traded with 10x - 100x leverage. no financial advise but why not set an alert and whenever a crypto asset gains 10% invest at least something ? this is not pump and dump but a clear opportunity for so many alt coins that have clear upside potential on the daily chart...
Two realtive equal low = Sellside liquidity Long with target buyside liq
buying the NQ every day at 10 am expect wednesday and hold till close gained on backtest 90K for the last 6 month shorting the NQ from monday or tuesday close on a market above 200 ema and not rising and holding the position till next day 10 - 11 am showed some nice profits. Simply look at prior week during which days the biggest gaps happend then use this...
exit now at 1k is a valid target i just wish there would be a fait value gap scanner, the entry and exit on FVGs is very clear no other indicators or market structure needed if market breaks out with a FvG
backtest shows a 212k profit with with a very simply strategy: buy on opening bar on: monday tuesday (only if price breaks above opening bar) friday exit on next trading day opening (if you exit in the actual session profits will be split in half)
On rallies to prior daily fair value gaps Target the march contract roll like last year
With re entry long after pullback Last up move also stopped,in the 1.618 to 2.0 extension range an an even number