Bill Williams Indicators
FRC Short next 1.5-2.5 days followed by Long ReboundStandard disclaimers:
DISCLAIMER: This is merely speculative discussion. I'm not a certified or licensed financial advisor, securities trader, or securities broker; and, this is not intended as financial or securities advice.
DISCLOSURE: I own long shares of FRC .
At $12.85/share FRC is trading around 10% of it's 1 month high price of $123.46, and down to just under 5.8% from it's 2021 high prices of $221.80. Can its leadership turn the ship around quickly enough by fixing its long-term, short-term, and reserves mix?
Looking at Willy, VWAP, volume, and price charts, it looks like FRC is repeating a pattern of around 2.5 days of falling 3-4 dead cat bounces down to $11.50-$11.80, then a rebound in the neighborhood of $15.50-$17.00.
For this week, looking for low between $10.50 - $11.80. That, followed by a very short rebound between 40% - 55% of is then low price per share from $14.70 - $18.29, more narrowly within the same neighborhood as the previous two rebounds of $15.50-$17.00.
Mastering Forex Trading with the Alligator IndicatorForex traders are always looking for ways to improve their trading strategies and make better decisions when it comes to buying and selling currency pairs. One tool that can be helpful in this regard is the Alligator indicator. This technical indicator is designed to identify market trends and determine ideal entry and exit points based on the trend's strength.
What is the Alligator indicator?
The Alligator indicator consists of three lines: the jaw, teeth, and lip. These lines can identify when a trend is forming and its continuation or reversal possibilities. The jaw represents a 13-period moving average line, while the teeth represent an 8-period moving average line and the lips represent a 5-period moving average line. These lines can indicate if a bullish or bearish trend is in effect and where it is going to move in the future.
How to use the Alligator indicator in forex trading?
To use the Alligator indicator, traders should first select the currency pair they want to trade and monitor the market for a strong trend potential. When the Alligator is applied to a weak current trend, it is known as a sleeping Alligator. Traders should look for a weak trend that is converting into a strong trend, identified when all three lines are close to each other but not entwining. As the red and blue lines start moving in the same direction and the green line passes through them, a strong trend begins to form.
If all three lines are moving upwards, with the green line above the red line and the red line above the blue line, there is an uptrend signaling long orders. Conversely, if the three lines are moving downwards with the green line at the bottom, red in the middle, and blue at the top, it indicates a downtrend signaling short orders.
Traders can place an order in the same direction as the trend identified by the Alligator indicator. After entering a trade, traders can hold onto it until the green line crosses the red and blue lines simultaneously. At this point, the candlestick will close below the three lines, enabling traders to exit the position or execute a short order with an expectation of a falling market.
Traders should always monitor the market and wait until the Alligator lines are not crossing each other before exiting a trade. It is also possible to use the Alligator indicator in combination with other technical indicators such as the CCI indicator to identify overbought and oversold market conditions and place long or short orders accordingly.
In conclusion, the Alligator indicator can be a powerful tool for forex traders looking to identify market trends and make better trading decisions. By understanding how to use this indicator, traders can improve their strategies and increase their chances of success in the forex market.
$QQQ The Power of Williams Trailing StopDetermine the direction of the trend: Before entering a trade, it's important to determine the direction of the trend. Heiken Ashi candles can help you do this by smoothing out price fluctuations and providing a clearer picture of the trend. If the Heiken Ashi candles show a consistent upward trend, you may want to look for buying opportunities. If they show a consistent downward trend, you may want to look for selling opportunities.
Identify the resistance levels: You've already identified two resistance levels at 310 and 297.19. These levels may act as barriers to further upward movement in price, so it's important to keep them in mind when entering a trade.
ALWAYS USE A STOP LOSS
Use fractals to confirm the trend: Fractals are a type of technical indicator that can be used to identify potential reversals in the market. If you see a fractal pattern forming in the opposite direction of the trend, it may be a signal to exit the trade.
Watch for Heiken Ashi candles: Heiken Ashi candles can also provide signals for potential trend changes or momentum shifts. If you see a Doji candle forming, which signifies indecision in the market, it may be a signal to watch the market closely and consider exiting the trade if the market turns against you.
You may also find more information on fractals and the Williams trailing stop in the "Master Pullback with Bill Williams Fractals" article on your substack.
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Long GOOGL @ 105GOOGL just crossed earnings without surprises. It also crossed the last 2 daily fractals at the 100 price mark.
On the weekly it is likely to close today above the red line, which sets us on the positive side on both the daily and weekly charts. The weekly chart appears to have good energy accumulated.
As always, target and stop loss is crossing below the daily red line, whenever it happens.
We have a hidden divergence in THETA/BTC - short termHello my friends, I saw a hidden divergence between the momentum indicator and the THETABTC price chart, and on the other hand, the indicators are giving bearish signs. The price of this instrument, if an uptrend wants to move forward based on its hidden divergence, will move up to the moving average of the Alligator indicator, but will return again. The overall and longer-term view is that it will continue in the square and neutral trend.
Average True Rangehe Average True Range is a volatility indicator measuring how much the price of an asset has moved over a certain number of periods, in other words how volatile the asset is. It was created by J. Welles Wilder and was featured in his book “New Concepts in Technical Trading System”. It was originally designed as a volatility indicator able to capture gaps in commodities, since a volatility formula based solely on the high-low range would miss that movement. However, the ATR can be used for stocks, indexes and currencies as well.
What traders use the ATR for is to determine their profit target and the optimal price level for placing protective stops by predicting how far the asset may move in the future. The Average True Range is most commonly calculated on a 14-period basis, but as with most other indicators, it can be fine-tuned according to each traders unique trading system.
The ATR is a directionless indicator, basically a type of moving average of the assets price movement over a certain period of time, which does not indicate the direction of the trend. You can see how the ATR is visualized on a chart on the screenshot below.
As you can see, We have plotted in every opened trade the value of the ATR at that moment. We've used the default 14-period basis, which means that the average price movement over the last 14 periods ( candles ) is 151 pips for the first trade, 137,8 for the second, and 196,2 for the last one. A trader can therefore expect the price to move within the range of 151 / 137 and 196 pips during these trades, thus giving a hint of where his/her profit target and protective stops should be.
As you can see. We have used 2 methods for using the ATR on these trades.
On the first trade, we have opened a position on the pullback of the previous Resistance, the SL and the TP have been calculated using the ATR multiply one time.
151 pips for the SL and 151 for the TP.
The second trade is based on a continuation trend strategy and also on this occasion the TP and SL have used the multiply ATR 1 time.
Last trade, Again Pullback on previous support with ATR multiply 2 times.
How is the ATR calculated?
The Average True Range is calculated by estimating the True Range for each of the included periods and then finding their average using a formula, which is shown below.
The True Range is defined as the greatest of the following:
– The difference between the current high and the current low
– The difference between the current high and the previous close in an absolute value
– The difference between the current low and the previous close in an absolute value
The first scenario is used when the current high is above the previous period's high and the recent low is below the preceding period's low (the previous candle is engulfed by the current one).
The second and third scenarios are used when a gap has occurred or the current period is engulfed by the previous period. Since Wilder was interested in measuring the distance between two points, and not in the direction of movement, here we use absolute values.
After we've calculated the True Range for each period we have decided to track back, we must now calculate the Average True Range by adding these values and calculating their average (as we've already said, the ATR is a moving average of the TR values).
As mentioned before, the most commonly used and set as default in most trading platforms' period settings is 14 periods. After we estimated the ATR for the initial 14 periods, we must then use the following algorithm to estimate future values:
Current ATR = / 14
How to trade the ATR
You've already learned that the Average True Range acts as a tool to measure the degree of interest or disinterest in a price movement. This means that inspiring moves are often accompanied by large TRs, especially at the beginning of a move, while weak moves are followed by narrow ranges. This allows us to use this indicator to gauge the enthusiasm behind every move, including breakouts.
For example, a price reversal, accompanied by an increase in the ATR value would suggest strong sentiment toward that move and reinforce the reversal, while a weak ATR would suggest proceeding with caution.
This is also true when the price breaks through support or resistance. If the breakout is supported by a rise in the ATR, it will be most likely a real move, but waning support from the indicator would suggest that the breakout might be false.
BTC/USDT Future 1hr ShortBTC/USDT Future 1hr Short
Entry Price & Target All in Chart
Guy's Don't Forget to put SL in your Trade in this Market movement
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ShortLike silver, gold also has some top deviations, namely, rsi and macd. At present, it is best to wait until the rebound occurs, and after the effective fractal falls below 1h, and then measure the resistance back to short, which is the most prudent approach. It doesn't matter if it is against the trend.
ShortThere is a deviation between the RSI and the MacD in 4h, so it is expected to start a callback. However, we need to rebound and measure the resistance before further correction. If the chaos trading method is used, you can wait 1h for an effective fractal breakthrough before going short. The reverse trend is best to follow after a breakthrough.
The Mexican Peso is set to explode The USDMXN is trading low and touching a big support around 19.4. Both the Williams %R and the Bollinger Band Percent (BB %B) are trading at the low part, indicating a potential buy zone. I see a possible return to at least 19.7 pesos per Dollar in the short term. Overall, I'm of the idea that the Mexican Peso is going to lose value eventually, as other currencies are doing, it is just a matter of time before the explosion takes place.
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🔵amount : 1
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🔵down :14.9
🔵Order difference : 0.1%
🔵Order sell: 0.2%
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🔴down : 14
🔴Order difference : 0.2%
🔴Order sell: 0.5%
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✅long term (long)
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🟢up:30
🟢down :9
🟢Order difference : 1%
🟢Order sell: 1.5%
🟢tp:1000$
❗Open only with bot scm
LongThe 4h gold ac deviated from the bottom and is expected to have stopped falling. At present, it is better to wait for an effective fractal breakthrough in 1h and then go long with the trend. This is safer. The advantage of doing this is to prevent false deviation, stop the decline and find a better entry point.
I have no sense of security. I can't immigrate directly, and the country may be closed immediately. I'm afraid that my family will suffer in this crazy political movement. It doesn't matter if I'm just a person, even if I'm forced to die, but I'm afraid that my family will suffer. It's really hopeless. Why do we live in such a terrible country.