Golden Cross - Bullish ISATL (Inmarsat)How long will the bullish trend last? I wouldn't have sold as early as I did, if I knew about the "Golden Cross". I just recently learned about it. :-)
A Golden Cross occurs when the faster moving average (50day) goes above the slower moving average (200day), which is a good indicator to enter a long trade. A bullish Golden Cross (or Death Cross) is the opposite when a slower moving average (200day) goes below the faster moving average (50day), which is a good indicator to exit the trade.
Any recommendations or tips on how to determine a good entry point with a moving average?
Thanks,
Pat
50sma
BTCUSD 4H RANGE TRADESPair is in a range
Price is below 100 sma makes a bearish bias
Bullish Trade
Breakout of 50 sma
1st take profit is range top
2nd take profit is swing high
Bearish Trade
ENTRY - current 15m bearish continuation candle patterns
1st take profit range bottom
2nd take profit swing low
GBPJPY 4H LONGThis is a follow up of the GBPJPY 4H Bullish bias trade.
Pair did hit 50 pip target.
Price is retracing to 50 sma
Price may bounce long off 50 sma
Take Profit is top of range
EURUSD 4H FLAPJACK TRADEFlapjack is a pancake. You have to flip it over to finish cooking it.
Flapjack means price chooses which side you put your jam on to eat
Let Macd fade back to center line
Bear trade Macd falls and crosses below Red line
Bull trade macd crosses above center line and stays above it
You have the option to scalp current price back to 50 or 100 sma
4H BITCOIN TRIANGLE BREAKOUTTriangle Breakout Trades
Bullish Trade
Enter above 50 sma with Buy Stop @ 15400.00
Take Profit @ 19715.00
Bearish Trade
Enter bottom trendline breakout with Sell Stop @ 14000.00
Take Profit @ 11041.00
TRXUSD 4H 50 SMA BREAKOUTPair has strong support zone
Macd over extended below 20 line
Bull Trade
Enter with Buy Stop just above 50 sma
1st target fractal high @ .00001300
2nd target swing high @ .00002040
XMRBTC ASCENDING DAY CHANNELPrice may be rising to the 1H or 4H 50 sma.
If BTC is strengthening price may fall.
4H macd has crossed below 0 level line Bearish Bias
Day macd is still above 0 level Bullish Bias
Sup/Res levels posted for Profit Targets
First 1 trillion dollar companyThere have been many disputes over the first 1 Trillion-dollar company. Many say it is Google or Amazon - on the other hand, I say APPLE. The market capitalisation is calculated by (share price X shares outstanding). Currently, APPLE's shares outstanding is 5.09B, so in order for the company to get to 1 trillion dollars, the price would need to reach $196.50. That’s a 14.1% increase from current prices. AMZN requires a 107% increase to reach 1 trillion. GOOG requires a 167.90% increase. So APPLE is the closest. Also, APPLE is currently in a flag pattern. The RSI is in the middle so there’s a chance for a price rise to overbought. Also, the volume peaked at the start of the flag and has been gradually falling, this further enforces the flag pattern, in addition, the 50 MA is providing support to the stock at the bottom the of the stock. The stock initially broken the flag pattern but then rebounded, this could be potentially showing a rapid rise in price in the future. However, the Coppock curve is going negative, so there may be a pullback before a rise.
DOLLARS IN OUR POCKET!First week of the month
First month of the year
Expecting price to return to a neutral ground (50sma)
Price falling to the 4H 50 sma as profit target
LET'S POUND THE POUNDFirst week of the month
First month of the year.
Expecting price to return to neutral ground.
Price on 4H moving back to 50 sma
Entry is on the 15m chart break of trendline
BCHUSD 30M SHORT SCALPMacd is setup for a short, falling below Red signal line heading for 0 level line.
Entry was a sell stop @ 2613.40
Take Profit will be the 50 sma
EURO TO FALL LONDON SESSION15M chart price has been stretched away from the 50 sma for awhile.
Macd over extended ready to cross below Red signal line
NO TRADING IN NO MAN'S LANDWhere is "NO MAN'S LAND". In between the 50 sma and 100 sma. When price is in between these two SMA's it is usually consolidating, moving sideways without much momentum. Wait until price breaks out of one of these sma's. Price will then have better momentum behind it. Watch Macd for direction. When Blue line crosses over the 0 level line or the Red line it helps you know price direction.
ETHUSD 1H DOUBLE TOP1 - Pair may retest double top with possible bearish reversal bounce.
2 - Pair may fall from 50sma to 100 sma.
? - Pair may move sideways some more but will eventually do 1 or 2
BTCUSD 2H EFC Reversal Trading StrategyEFC Trading Strategy is a reversal trading strategy
For more information on EFC leave a comment below
Visit our website
WATCH the POWER of the MACDIf price continues bullish the Macd will cross & stay above the 0 level line. If it fails then the Macd will cross back below the 0 level line and the Red line and price will fall to the 100 sma.
HOME on the RANGE with BCHUSDBCHUSD 2H chart has price just above the 50sma with the 100 sma above it. Sideways indecision in that zone (50-100sma) Price breaks above 100 sma for long and breaks below 50sma for short.
BITCOIN - TIME TO CENTERBTCUSDT 1H needs price to center itself back to the 50sma/100sma. It is in a range box and price is falling to the bottom of the box. Bullish breakout of range box failed.
50 months MA line and a daily Cypher in focus DXY broke and closed below its 200 weeks MA line last week.
The holiday trading week (low volume) helped the sellers to push the Dollar beyond this important support line.
Now the next line of defense for DXY is the monthly 50 SMA line and the bottom of the structure zone (weekly) that you see in the chart.
The Cypher pattern and the 61.8 Fib level can be used as two potential entry zones for those who still hasn't lost faith in the Dollar's ability to rise!
Yellen testimony and U.S GDP in focus.
Read more about the Dollar, EURUSD and Stocks in this week's newsletter - #WeeklyMarketsAnalysis (search for it on Twitter)
EURUSD - What is the Best StragegyThis 4H chart has a range box for this pair. There is a prior resistance level that may make a bullish breakout fail. If it does and re-enters the range box then my TP is the 50 sma.
Tell us what strategy works best for you when you trade the EURUSD in the comments below.
BCH - What is Your Strategy - What's the PLAN!Divergence in the 1H and 4H. What is your strategy for divergence.
Share What's the PLAN! in the comments.
LSKBTC 2H MA Trade LongPrice should pull back for entry on the 15m chart.
TP will be the 100 sma on the 15m chart.
Watch the Macd for directional confirmation.
