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50sma

OKTA - Breaking out all time new highsSymbol OKTA setup cup and handle Upcoming Earnings Jun 05, 2019 (EST) Horizontal S&R: yes $87 Channel S&R: yes rising trendline >20 & 50MA S&R: yes bounced 50ma but never really closed below it >200MA: yes clear up trend Volume confirmation: no yes Candle Confirmation: yes yes. gapped down on earning and finished strong Stoch Divergence: yes turning up Reg Trendline >85: n/a Short Float: 6% low float Entry 91.8 Stop 87.15 Price Target 101.1 Risk / Reward: 1:2 Zacks Rank: 3-Hold 3 Style Scores: F Value | B Growth | F Momentum | F VGM Industry Rank: Bottom 16% (214 out of 256) Industry: Internet - Software and Services Any feedback is welcomed.
NASDAQ:OKTALong
by SR618
JPM: Potential 3-Drive formation for -20% downsideI don't particularly think the CAT, WHR and NVDA results bear well for the market nor the economy in general and JPM is probably one of the biggest proxy out there. Recent price action has stalled at the 50-days moving average and a "support-turned-resistance" level; I personally do like buy/short breakouts/downs which had retested prior support-turned-resistance and if we extrapolate the 3rd leg of this potential 3-Drive formation, it is a -20% downside objective.
NYSE:JPMShort
by WellTrainedMonkey
AUDUSD 4H SHORT TRADEWHY BEARISH BIAS TRADE Price had two failed breakout attempts of the 800 sma A 3rd failed breakout attempt of the 800 sma was a news related event Macd is below zero and Red signal lines Short Trades News related spike bullish candle low is support level to breakout @ .71725 Price should close below 50 sma 1st Sell Entry @ .71725 2nd Sell Entry is bearish breakout of 4h trendline 2nd Entry is made from a 15m chart with a break-hook-go candle pattern Sell Take Profit is the 100 sma so possible exit area is .7110 Watch Macd for direction
Short
by Tradingstrategyguides
2
DOUBLE DEATH CROSS STRATEGY WTI CRUDE STOCKApply these SMA Indicators on your chart - 50 - 100 - 200 Step #1: Wait for the 50-day EMA to cross below the 100-day EMA. The two moving averages also need to converge with the price action. If we get the crossover of the 50-day MA (blue line) and 100-day MA (orange line) at the same time the price is testing those moving averages, that’s the best-case situation for a trade because we can define the risk. The rule you need to keep in mind is that when the MAs converge with the price you have to get ready for the ride because it is going to get BUMPY! Step #2: Multiple entry strategy: Sell 1 when we close below 50-day MA and 100-day MA. Sell 2 when we break and close below 200-day MA. Using multiple entries to improve your average entry price can be the best way to approach the death cross signal. Scaling in to a position is our preferred trading method when looking to capture large price move in a currency pair. The fact that the price was near the death cross signal, it created a tension in the market that eventually will lead to a sharp move to the downside. We pull the trigger on the first half of the trade once we close below the 50-day and 100-day moving averages. If at the moment when the death cross developed we’re already trading slightly below the two moving averages, sell at the market the moment we close below. The second half of our position is entered once we break and close below the 200-day moving average. Note* it’s important to remember that the success of the death cross signal relays on this simple trade secret that price and the two moving averages needs to converge. Keep it simple stupid is not just a simple aphorism, but it’s an old truth that can make the difference between losing and making money trading. This brings us to the next important thing that we need to establish for our long-term trading strategy, which is where to place our protective stop loss. Step #3: Hide your protective Stop Loss above 50-day MA and 100-day MA The most important thing we need to define when trading is our risk. If you want to be a profitable trader you really need a limited risk. This is the type of death cross trades that we want to pull the trigger on. If the price were to move back above those moving averages, we can safely assume this is yet another false trade signal. In this trade case scenario, we’re risking a little and our reward is potentially much bigger. So, the best place to hide your protective stop loss is above the 50-day MA and 100-day MA. Step #4: Two-step process for the take profit strategy: Mark on your chart the high of the candle when the 50-day MA crossed below 200-day EMA. Take profit when this high is broken. Our take profit strategy might seem a little bit complex, but once we break down the steps you need to follow it will make more sense why we’ve chosen this approach. The first thing you have to do is to remember what we said in the beginning of the article which is that when the price doesn’t converge with the two MAs this is a death cross false signal. In our example below, we can observe this type of price action. Now all you have to do is to mark the high of the candle when the death cross happened and take profit as soon as the high gets broken. Note** the above was an example of a SELL trade using the death cross strategy. Use the same rules for a BUY trade – but in reverse, in which case we have the golden cross trading strategy.
NYSE:WTIShort
by Tradingstrategyguides
MONDAY 4h MACD CROSSOVER ZERO LINE STRATEGYStart scanning your trading pairs on 4h after the beginning of the new Monday Trading session Setup chart with 50 sma & 100 sma Setup chart with a Macd default setting of 12-26-9 Find a Macd indicator that shows zero line like TV - Indicators - Public Library - Macd Crossover Trade Setup 4H When Macd Blue like crosses over Zero line (above is buy signal - below is sell signal) Enter at opening of next candle after crossover TP - can be 50 to 100 pips or you decide your own exit strategy SL - below/above macd crossover candle
by Tradingstrategyguides