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Followthetrend

UPDATE: the Red Sea Path to the $5400 is Upon UsAs I stated in my last published idea, Bitcoin is falling and falling fast. Please put your pride aside and make money will you can while the market continues to tank before the regulators come in. WE ARE IN A BEAR MARKET! Let us not keep falling for the moon reversal that Bitcoin keeps fooling us with! Now, with that said- lets get down to the numbers Simply put, check out the dark red channel that will serve as the red carpet arrival to Bitcoins $5400 mark. WARNING;;; there is a heavy chance that we will see some form of resistance at these places: - $6000 mark- -$5900 mark- - $5780 mark- All 3 of these marks (marked in orange on the chart) stand as one of the swings that formed a resistance to the price continuing its progression within this bear market. +++PLEASE do not fall for the bear trap at these reversal levels+++ In closing, (HERE IS A LITTLE BACKGROUND) ::: I want you guys to know that I am an avid believer in the bright future of cryptocurrency. I was once a proud "HODLER" myself until I couldn't take checking my blockfolio every two days to see another 2k down the drain. Just like you I was convinced that, "you don't take a loss until you sell" - which is true. However, I have been shorting the market since the 7.8k mark and have made my losses back plus a healthy amount on the side. With this large amount of extra money in my trading account, I can now buy back the market once the regulators come- until then... I will be collecting and hope you guys decide to as well.
BITFINEX:BTCUSDShort
by domartis22
XEL Xcel Energy Inc. long - How high can it fly?The stock is still in an intact upward trend, and is currently about 50% into the correction of the previous upward movement. In order to find an entry in the long direction, we should be on the lookout for signals in the subordinate trend. In the hourly trend, we could soon see next upward-pointing 123s occurring. Here, the entry can be made at the point 2 or subsequently from out of the correction, with a stop loss at the point 3 that will have formed by then. For a target level, we can use the area around 50.50 USD (green line). If the value significantly and sustainably falls below 45.20 USD (red line), the long scenario should be abandoned.
XLong
by ATT_Trading
Follow the Trend, My Strategy!This is my trading plan. You can look through my published ideas to look at other examples. I need 3 reasons to enter a trade. 1. A clear direction. I use 3 emas 50, 100, and 200 as shown in the chart.(Required) 2. A horizontal support/resistance area. (Required) 3. Price retrace to one of the emas to act as resistance. (preferably than fib) 4. Fib continuation 0.382, 0.5, or 0.618 level. Placing a stop loss. My target for stop loss is between 10-25 pips. I place my stop loss behind the horizontal and/or the next ema. My target price is always 2 times more pips than I risk. ---------------------------- I trade between 15 pairs, and on 30 minute time frame. One reason is to counter F.o.m.o trading(Fear of missing out). Counters Revenge trading because my trade size is smaller, and the opportunities are endless. Counters Gambler's Fallacy because I require 3 reasons to enter a trade, I don't enter a trade and expect to win after losing 3 times in a row, I place a trade based on my strategy. I'm still trying to evolve as a trader, as you can see that throughout my published ideas.
Education
by PavelKarakay
Potential Short Position for USD/JPY_Trade Plan 2017.08.04 Legend for price level, trend line, and rectangle: Dark Gray > Weekly Level Blue > Daily Level Red > H4 / H1 Level Green > M15 / M5 Level Yellow > M1 Level D1 show the market is quite consolidating with price moving around MA200 and forming Symmetrical Triangle pattern. In H4, the overall trend is still consistently down with price forming Lower High Lower Low formation and still hold below MA200. Yesterday, price has been rejected down from major resistance area 110.648 - 110.853 and breaks down previous low. Trade Plan: If price bounce back to the nearest confluences of resistance area around 110.231 - 110.375 (Price Structure, Fibo Ret 38.2%-50%, Down Trendline) and rejected down, short the market to follow the potential downtrend continuation. With Stop Loss 39 pips and Target Profit 110 pips, the potential trade offers 2.82 Reward-to-Risk Ratio.
Short
by arieg1985
Potential Short Position for USD/CHF_Trade Plan 2017.06.30 Legend for price level, trend line, and rectangle: Dark Gray > Weekly Level Blue > Daily Level Red > H4 / H1 Level Green > M15 / M5 Level Yellow > M1 Level D1, H4, and H1 are all showing the overall trend is still Down trend with price is hold below long-term MA (MA120) and major D1 previous support turns to resistance 0.96403 - 0.96695. Currently, price is bounce back from the bottom slightly above next major D1 support area 0.95227 - 0.95502. To follow the overall downtrend, there are 2 potential entry. Trade Plan 1: If price continues bounce back to the nearest confluence of resistance area around 0.95901 - 0.95961 (Price Structure, Fibo Ret 23.6%) and rejected down, can consider to short the market. With Stop Loss 20 pips and Target Profit 40 pips, the potential trade offers 2.00 Reward-To-Risk Ratio. Trade Plan 2: If price continues bounce back higher to the confluence of resistance area around 0.96169 - 0.96253 (Price Structure, MA120, Fibo Ret 38.2%) and rejected down, can consider to short the market. With Stop Loss 20 pips and Target Profit 60 pips, the potential trade offers 3.00 Reward-To-Risk Ratio.
Short
by arieg1985
Potential Long Position for GBP/AUD_Trade Plan 2017.06.29 Legend for price level, trend line, and rectangle: Dark Gray > Weekly Level Blue > Daily Level Red > H4 / H1 Level Green > M15 / M5 Level Yellow > M1 Level D1 and H4 are both showing the overall trend is still down with price still moving below MA200. However, for the last 2 days, price bounce back up after rejected from major D1 support area 1.66845 - 1.67683. In H1, price starts to form Higher High and Higher Low formation, the initiation of possible uptrend. Trade Plan 1: If price pull back to the confluences of support area around 1.68992 - 1.69240 (previous resistance turns to support, Fibo Ret 50% - 61.8%) and rejected up, can consider to long the market to follow the potential trend reversal to the upside. With Stop Loss 49 pips and Target Profit 130 pips, the potential trade offers 2.65 Reward-To-Risk Ratio. Since the major trend is still down in higher timeframe, keep in alert if price reversing back down below support area 1.68992 - 1.69240 massively, this Trade Setup may be invalidated.
Long
by arieg1985
Potential Long Position for AUD/USD_Trade Plan 2017.06.27 Legend for price level, trend line, and rectangle: Dark Gray > Weekly Level Blue > Daily Level Red > H4 / H1 Level Green > M15 / M5 Level Yellow > M1 Level D1 and H4 are both showing the overall trend is still up with price is still moving above MA200 and major D1 support area 0.74921 - 0.75145. Currently, in H1, price coming back up above MA200 and breaks above resistance area 0.75649 - 0.7576. Thus, the overall market bias is up in all the above timeframes. Trade Plan 1: If price pull back to previous resistance area turns to support 0.75649 - 0.7576 (confluenced with MA200 and area between Fibo Ret 38.2% - 50%) and rejected up, long the market. With Stop Loss 15 pips and Target Profit 45 pips, the potential trade offers 3.00 Reward-To-Risk Ratio. Keep in alert if price going back down below MA200 massively, the trade setup would be invalidated.
Long
by arieg1985
Follow the trend! (GBPAUD analysis)Hi guys, few days ago we managed to get more than a hundred pips from shorting this pair. Now the situation has changed, since we came back to previous structure and started consolidating right at the trendline retest. Besides, the zone we're on is a daily structure that could push price up, according to the major trend. The RSI divergence down on the bottom additionally confirm our view, along with the psychological number 1,6500. I'm buying with stops below the lows, and targets as illustrated above. If you want to ask questions or share your view, feel free to comment beneath. Otherwise, see you in the next chart!
Long
by Roker1
4
What Is Next For SPY ???The SPY gapped down on Friday morning and then proceeded lower all day. Monday morning brought renewed optimism as the SPY gapped down again but this time reversed and closed a little under the highs of Friday. Notice that the SPY traded as low as 212.25ish and as high as 217ish. Lets focus on that range and what has happened since. The triangle and horizontal lines are meant to point out the high & low of Friday & Monday AND to show the downward progression of the highs of each of the days since Friday 9/9. This includes today Monday 9/19. Last Thursday again brought renewed optimism but look where the top of the daily candle stopped. Right on the hypotenuse of the triangle. Now look at today 9/19. The SPY opened the day up about 10ish points. Optimism was in the air. After the markets opened they proceeded higher, for a while. How long? Just long enough for the high of today to reach the hypotenuse of the triangle again. Then it was all down hill from there. Some traders, or analysts, or technicians will tell you "they think the market is headed ________". I am reminding you that any of us could guess what the market will do next. I would much prefer to follow the SPY out of the triangle. Will it go up through the hypotenuse? Will it go down through the horizontal bottom? No one knows. But when it leaves this triangle, you should consider following it out. Don't let these choppy markets get you down. Stay focused! You may have to be nimble. You may have to be flexible enough to change directions. Just don't get locked into a belief about which way the market will go from here. Good luck to you! Trade what you see... Not what you wish, hope, feel, or... The downtrend is your friend until the price moves above it...
AMEX:SPY
by TheTrendLineInvestor
How to recognise a trend. Silver example.Follow the money! And your trading will be easier and smooth. You want to start buying in an accumulation area and keep adding to your position as soon as a new uptrend starts to develop. Remember not to sell too early! You want to keep at least a decent amount of your initial position to keep riding the uptrend until it is over. That's the difference between good profits or life changing fortunes... patience to hold your winning positions, and confidence to close your losses early.
FX:XAGUSD
by BillionaireUnicorn
3