Happy Fibonacci Friday ... staying Long $BTCBullish signals coming from the RSI and the ADX, but the only thing lacking is volume.
Cautiously optimistic, but staying long.
Have a good weekend!
Oscillators
Close is only in horseshoes and hand grenades! $BTCThe 61.8% Fibo level held as support so far, and I like the candle off of it.
Protective stop is place just underneath the golden ratio here.. let's keep it going people!
Thoughts?
BTC is likely to push up from here- Bullish Wedge
- Daily Regular Bullish Divergence
- Huge Short Sentiment (Contrarian positioning)
- Previous Price Reversal Point
** Note I did say 'risk what you cant afford in the video, obviously I meant only risk what you can afford **
IMPORTANT VIDEO: When Will We See A Market Crash?D4rkEnergY is here to spread wisdom on the upcoming Market Crash! Enjoy the video.
Please LIKE and SUBSCRIBE if you enjoyed the video!
- D4
How not to be fooled by low RSIsI show two 4H charts on how it is possible to get more out of a low RSI as a trend follower. Note this is not meant to apply to other forms of trading strategies.
Early warning system on Divergence OscillatorEarly warning system: This identifies a developing divergence and can be used to set alerts.
Weekly update, 22.07.2018. SPX, ES1Weekly update on the major US equity markets using the S&P500 E-mini futures index.
Stay tuned! There should be more to come
Disclaimer:
The information of this post is ”general advice only” and does not take individual circumstances into account so do not trade or speculate based solely on the information provided. By viewing this video you fully accept and agree that it offers general advice only and that trading the financial markets is a high risk activity and that you understand that past performance does not indicate future performance and that the value of investments and income from them may go up as well as down, and are not guaranteed.
USD/JPY - Heading Down!Hey all
This is the first Market Update for the USD/JPY! Check out the recent "Update + The Way Forward" video for an explanation of what these are and why I'm doing them :)
Suffice to say, the USD/JPY is reaching a critical point that will likely define the market for the coming years. That's the longer-term view, but over the short term I'm expecting a swing back down of 300-400 pips over the next 1-2 months. Check out the video for reasons why. And remember that I won't be providing specific entry and exit points. I'll keep updating this idea as the market develops, but I won't be sharing my trades. Trust me, you're better off learning from this and applying it to your own trading style and strategy - it'll be to your benefit in the long run.
Let me know if you have any comments and feel free to PM me to discuss, well, pretty much anything!
Cheers and good luck,
RJR
Educational Lesson on RSII have seen many traders recently use this in a questionable manner and I don't want new traders to get the wrong idea.
I have briefly explained how I use the indicator and what ways it could be useful to you.
This is not the only way I use it I do confirm it with other signals that I have not mentioned in the video but as the Joker says in the Dark Knight
'if your good at something, never do it for free'
Hope it helps
An Efficient Strategy Using RSIHi guys, This my first video and I wanted to share with you a simple strategy I use to find opportunities with RSI.
This strategy gives amazing results in scalping and daytrading in order to grab 15 to 25 pips per trades.
Hope you gonna like it. Do not hesitate to like it or give comments.
Weekly update, 20.05.2018. SPX, ES1Weekly update on the major US equity markets using the S&P500 E-mini futures index.
Stay tuned! There should be more to come
Just remember:
The information of this post is ”general advice only” and does not take individual circumstances into account so do not trade or speculate based solely on the information provided. By viewing this video you fully accept and agree that it offers general advice only and that trading the financial markets is a high risk activity and that you understand that past performance does not indicate future performance and that the value of investments and income from them may go up as well as down, and are not guaranteed.
Weekly update, 07.04.2018. SPX, NASIntermediate term update this time, using Daily, Weekly and Monthly Timeframes, on the major US equity markets using the Nasdaq E-mini futures index.
Stay tuned! There should be more to come
Just remember:
The information of this post is ”general advice only” and does not take individual circumstances into account so do not trade or speculate based solely on the information provided. By viewing this video you fully accept and agree that it offers general advice only and that trading the financial markets is a high risk activity and that you understand that past performance does not indicate future performance and that the value of investments and income from them may go up as well as down, and are not guaranteed.
Intermediate term update, 31.03.2018. SPX, NASIntermediate term update this time, using Daily, Weekly and Monthly Timeframes, on the major US equity markets using the Nasdaq E-mini futures index.
Stay tuned! There should be more to come
Just remember:
The information of this post is ”general advice only” and does not take individual circumstances into account so do not trade or speculate based solely on the information provided. By viewing this video you fully accept and agree that it offers general advice only and that trading the financial markets is a high risk activity and that you understand that past performance does not indicate future performance and that the value of investments and income from them may go up as well as down, and are not guaranteed.
EURUSD Short Trading SetupYesterday EURUSD H&SH pattern trading idea has not been completed as H&SH pattern was violated. Now in this video setup we using RSI divergence Trading Strategy to short EURUSD. This video is based on my trading plan, that i wanna take an opportunity. Also you may learn on how to trade RSI divergence in this video. This video at the same time and trading plan and educational video analysis
TRX/BTC - Consolidation and/or Breakout (20-80%)Hi all
TRX/BTC looks to have established itself in a new consolidation trend after a sustained downward bearish movement. Bulls have definitely re-entered the market and halted the price decline, and we're also sitting at a strong level of support that has been tested multiple times over the last 2 months.
My personal recommendations:
Enter at the 0.00000435 level.
Stop loss at or below 0.00000405 (6-7%)
Look to take initial profits at 0.00000535 level (23%). This could either be in full, or 50% profits.
Then look to see what happens from there. Price will either hit the consolidation resistance area and move back towards the support zone, or it will try and breakout upwards. Re-enter the trade if a breakout is confirmed.
Hope that helps!
Cheers and good luck,
RJR
EURUSD 4H Range TradesPrice in range
Far left range top has divergence followed by bearish movement to range bottom
Range bottom meet our RSI 80-20 reversal rules follwed by a bullish movement to the range top
Macd showed example of over bought and oversold stochastic levels
Buy and Sell stops listed on chart
Take profits are listed on chart.
Any questions on RSI 80-20 or my dual Macd/Stochastic indicator PM me
Happy to help
USDZAR Potential Retest & Long Term LongCurrently on a Weekly retest, will be expecting a Long trade once we get the reversal pattern completion. Currently in a Short down to bottom of range / Trend-line.
XVG/ETH - Big Breakout Support & Resistance (2 Hour Chart)
BINANCE:XVGETH BITTREX:XVGBTC BINANCE:XVGBTC
All,
Just doing some double checking on XVG. I know for some it feels like an eternity since it really has any big moves in one direction without diverging back and breaking even. I think here in the next 3-5 Days we might see a 30-40% gain. Video says most of it.
*** REMEMBER SUPPORT AND RESISTANCE LEVELS ARE STRONGER THE HIGHER TIME INTERVAL YOU GO. MEANING 2 HOUR SUPPORT LEVELS WHEN BROKEN ARE NO JOKE***
What to check for:
-RSI / MACD / MAs to align and reverse
Alerts I would set
Lower alert (breaking support): around the 0.0000630 area so if it hits this take a quick glance and see if it broke that green uptrend support.
Medium alert (breakthrough #1): set another alert around 0.000066ish area this will be a breakthrough resistance line. Once it breaks this we could see a big quick run all the way to 0.000068-69 or even bust through that one since it appears to
Important Alert: 0.000070-72 if this alert goes off be ready to place big bets because its already breaking any resistance level it has left until 0.000084ish area.
ETHUSD 1H RSI 80-20 REVERSAL TRADING STRATEGYThe rules to this strategy are posted on the chart.
If you have any questions on this strategy or our other free strategies send me a PM.
EURMXN ATH Potential M FormationPrice failed at the ATH with RSI Uptrend Broken, looks like a potential M Formation.
