Left Chart: This chart finds the historical odds of what two pivot points we have closed between by the end of every February. The distribution of historical closes between any two pivots has a fairly uniform distribution, with 62% of closes between S1 and R1. Odds of closing above R1 is 16% and below S1 is 22%, combined the odds of closing past those pivots is...
Seasonality helps us identify how price over a set period of time in the year typically performs. Not every year should seasonal behavior be expected, and some periods have strong or weak seasonal effects. In these three charts I have Wayne's Pivots Pro and Pivot Probabilities applied, and combining the two we can get a trading strategy for seasonal...
This is a forecast using two tools I developed, one a trading strategy and the other for seasonal probabilities on a weekly and monthly basis; Wayne's Pivots Pro and Pivot Probabilities . I'll be using these tools to do seasonal analysis on INDEX:ETHUSD , and specifically how it has reacted in prior years in the 52nd week of the year. While seasonality...
This statistical indicator (Pivot Probabilities) finds the historical likelihood of any week or month closing between two given pivot points. NFLX is particularly interesting. We have been range bound between $555.88 and $477.58 since June - July of 2020. Using a linear regression of the last 3 months ( excluding the current month's data ), if price reached mean...
My thoughts on some methods and reasons for trading NZDUSD.
A Fundamental and Weekly Trend Analysis Much of this trade is based off of US Federal policy, and on counter trend trading the gross short interest on NZD. On June 20th, the Fed's rate is effectively at 2.4%. The speculative net positions short are increasing on NZD and AUD. www.investing.com www.investing.com Asian currencies are hurting as well. This trading...
A Fundamental and Weekly Trend Analysis Much of this trade is based off of US Federal policy, and on counter trend trading the gross short interest on NZD. On June 20th, the Fed's rate is effectively at 2.4%. The speculative net positions short are increasing on NZD and AUD. www.investing.com www.investing.com Asian currencies are hurting as well. This...
First, some additional charts to set the fundamental foundation for this trade and then the technical aspects.
First, some additional charts to set the fundamental foundation for this trade and then the technical aspects.
USD is in a bullish trend, creating an ascending triangle pattern. Wait for the pattern to confirm itself once price moves past the prior high. If price confirms the triangle pattern, the first target is the prior swing low. Which is now a resistance point and where you may take some profit. Then if price moves past the first target, next is the ascending...
Two months ago was a very good time to short the DAX. - Broke a historical diagonal trend line. (seen in LOG) - TD indicator: monthly Red 2 below a Red 1. What could make this trade even better would be a break of the 50ma (orange). At that point, I would assume that the price moves down to the ray at ~10200. That would be rough 1000 point move to the downside;...
Pattern not confirmed nor perfect. I assume that RSI rises above the upper trend line drawn, and then a tradable sequential event near the ascending triangle breakout. If that happens I would set my targets for the moving averages.
Not all of the candles fit inside the triangle, I would only consider it as a best fit. The diagonals that make the channel are more interesting.
BITMEX:LTCZ18 BITFINEX:LTCUSD