🎯 HISTORICAL EDGE - MORE TO DROPHey guys!
Todays Historical edge comes from an interesting pattern.
📈 The Pattern: SPX closes down over 2% and above 5day low, but yesterday it closed at 5day high.
We backtested and saw strong edge.
⬇️ ⬇️ RESULT ⬇️ ⬇️
📍 Edge: 🔴 Bearish
🔄 Occurrence since 1990: 25x (frequent)
🏔 Highest edge: 4days later
🎲 Probability of bullish move: 28% - aka this suggest a bearish move over the next 4days.
EDGE
POSSIBLE 600 PIP DROP Keep it simple ... Always.
Risk : Reward
1 : 20
_______________________________
Moving Stoploss to break even if price gets to 1.8900
Manually closing order if price closes above 1.9015 (on the 4H timeframe)
Past Experience DOES NOT Determine Future Outcomes.
Past Experience DOES NOT Guarantee Future Outcomes.
Trade Safe 🥂✅
🎯 HISTORICAL EDGE - 🎾 BOUNCE?Today was interesting day since a few things have triggered:
✅. Yesterday we gapped up
✅. Today we closed at a 10d low
✅. Today we closed under 200MA
✅. Today we closed at 25% of the Daily Close Range (shame)
🦄. Some additional technical magic filters
We tested the times this has happened...since 1993📆 !
We saw a relatively bullish move. The 2DAY move on the spy has been bullish nearly 83% of time🟢 . This type of setup has occurred 1️⃣8️⃣x!
Average move up has been about 3% over a 2day period, which is positive🟢 .
However, if we do not observe strong bounce, probabilities stack strongly to the downside, so observe and evaluate 🔴 .
However, as our members hear me repeat over and over again patience is the name of the game!
Trade safe
🎯 HISTORICAL EDGE – RARE ANIMAL 🦖👋 HOLA team!
A very rare system has triggered in our studies. This is a 7️⃣ day higher close for the VIX.
We backtested the system since the initiation of the SPY (Only 11x, super rare 💎 ). What we see is that....(drum roll 🥁)
the 3 days move has yielded 100% bullish move. This is quite a tell. Average bullish move has been 1.7% for 3 days. 🟢
However, given the abnormal behaviour of this market, caution is advised.
If you like this idea and want similar like this click on the link below. ⬇️
POSSIBLE CRAZY FALL ON USDJPY ??!All through 2021, we've seen price rise steadily on USDJPY.
Right now, price is approaching a monthly resistance, from which a huge reaction could occur that could take price to 102.00
There's also a shark harmonic pattern in formation.
When the time is "right", we'll be looking to capitalize on this move with a 30 pip stoploss (max.)
Trade safe🥂
Keep it simple ✅
$SEDG: Time To Get $TAN?SEDG made a major break through the key 370 level we were watching on my Stocktwits page. TAN (Solar ETF) broke above 100 today as well and looks very strong against alternative energy plays. In fact if you look at $XLE vs $TAN you'll see that energy potentially has a long way to fall vs solar companies who are leading the pack today. Could be good to hold longer term until retail trends begin to develop in a more broad based way. Good luck!
AUDUSD long moving nicely We are using our trend following EDGE strategy for this trade.
Entry details are shown on the chart.
Working the 30M time frame on this strategy.
We're only looking for TP3.
The trade history can be seen at the foot of this trade idea too for full transparency.
Lets see how this trade ends up but it has started well.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
GBPJPY long valid ☝️ 👍Entry details are shown on the chart.
Working the H1 time frame on this strategy.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
Part of previous trade can be seen on the chart which was a successful short.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
CAD/JPY Short - 01 June 2021 | Hybrid Move Result: +3.00%Hey all,
Another quick breakdown of a Hybrid setup taken this month..
The trade initiated from a Sr. Daily Zone which was created all the way back in January 2018, where price showed a beautiful trendline break and a huge crash in price. Overall the monthly time-frame was sitting at major value as well together with the weekly chart being in need of a reversal after the strong 2020 and 2021 volatility in the markets.
The 4hour started to top out here after the daily showed a clearly over-extended run. When the double top formed at the 4hour chart, price confirmed the bearish bias with a clean 4hour star formation to the downside and a clean move later on. The orange candles at my chart are from our unique entry indicator developed to be optimal for our supply and demand zones.
If you have any questions, feel free to comment below!
Kind regards,
Max Nieveld
EURUSD sell in progress 👍Entry details are shown on the chart.
We're only looking for TP3.
Slight retrace on moment of posting this idea so lets see how this one plays out.
Trade history can be seen below this trade idea too for full transparency.
This strategy is a 1:5 RR but comes with a 28% win rate.
I trade a plan based on the available test data to me.
That data for this strategy tells me despite a 28% win rate I still have an edge as the strategy creates bigger wins than losses on average.
All the trades can be found by pressing the 'list of trades' tab at bottom of the idea.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren
BCTI think the triangle pattern is formed at the very important price edge.
Therefore, it is predicted that after breaking the upper side of the triangle and retreating, we will climb to the next edge of the price.
The reason for the importance of the price edge is that it has been touched many times in the past
Also the bottom diameter is a triangle
In addition, at this level we touched the moving average
NAKD Will Rise Again...The price has formed a triangle shape and is at the edge of breaking out. Price is expected to cross and test the 50EMA before trying to close the 200EMA gap.
On the edge of the trend lineScenario 1 : Bitcoin price is on the edge of the trend line. As buying volume slowly lose momentum and longs positions are falling too.I expect that trend line will broke and price will hit at least one of the two FIBO levels which show us zone of support 52.400, here i set buy 60% of position because this price also in the past act as resistance.Next stop is 50.200 for 40% position. RSI also aim for the zone lower to 35,which too act as support zone. Plus take a look on daily candle :D
Scenario 2 : trend line will hold and price will go higher. In this case i will go long with small position of 30% but ONLY IF 4H WILL CLOSE ABOVE FIBO zone at price 54.650 .
STOP LOSS 53.750.
So for now i wait what charts and news will show us.
For more information you are welcome to comment or send message and if i will know i will answer :D
Meet Percy - 'YOUR' new Trading E-Mentor - he's cool......Percy is a great guy... he can be a girl too and you can call him or her whatever you wish. I just chose the name Percy, I think its quirky. :-)
BUT ....
Percy can help you like he helps me - Let me introduce you to him.
He tells me when to enter a trade, when to close a trade, what lot size to use - he helps me stay on track when I feel like closing early (Percy hasn't closed so I shouldn't) he helps me ignore them voices of increasing my risk.
Percy works incredibly hard, he has back tested over 4200 trades to help me identify my edge in the market.
Percy is simply a legend, I trust him, I have confidence in him and I follow his lead.
Get a Percy.
Regards
Darren
GBPUSD 1:2 RR - Whats your edge in the market?Hi,
I have just recorded this video to demonstrate the effectiveness and ease to find your edge with our strategy.
Any funded traders, attacking a challenge - you need to watch this too!
A 1:2 RR requires a 33% win rate and above, here you can see 100%+ gains YTD risking just 2% per trade on your account.
Simple trade with no bias and no emotion to any specific trade outcome - simply follow the strategy - trading can be mechanical, simple and emotionless.
I hope this video helps demonstrate how we trade and how we ensure we have an edge in the markets.
Drop us a DM, let us know what you think and if you have any questions.
Regards
Darren
XBTUSD ShortHello traders,
My observation is that the resistance level worked well. Rough target at the box. Price might not come to my entry level, but that is OK. Here we just need an entry as close as possible to invalidation(stop) level. I expect current market conditions to be choppy. Opportunities come and go, I pick the best R:R ones.
My ideas are for entertainment purpose only and should not be taken as financial advice.
Good luck,
BCHU19 LongNice little channel one 1H. In the ichi cloud so possible e2e. 2R trade. Let's see if we get it.
What is "Price Action"? What about indicators?There is no one clear definition of price action. It can be as simple as "Every tick on any given chart, of any given market." However this definition is too broad and does not adequately describe the term. A better definition is "The collective result of buyers and sellers entering the market for any logical reason, which together create reoccurring patterns that can be analyzed and capitalized."
Price action is based on humans behaving rationally, logically, and similarly in similar situations over time, and is the cumulative effect of institutional trading. It has been, and always will remain fundamentally unchanged. If you compare a chart from 100 years ago (such as the crash of 1929) with one of today with the time scales removed, you will not be able to tell the difference between the two. It does not matter if you compare a yearly, monthly, daily, or even 1 minute chart with any other chart of a different time frame. Price action appears the same and works the same in every market, and on every time frame. The institutions cannot hide what they are doing; price action is their foot print.
Price action can be used to invest long term, or day trade any market. It allows a trader or investor to identify opportunities without the use of any indicators. In fact, all indicators are a derivative of price action in one form or another. Interestingly, the patterns which repeat as well as trend tendencies can be observed on different charts, even outside of markets.
Can you tell a difference between these two charts? The first is a daily chart of CSX. The second is a 5 minute chart of the MES (micro s&p). All markets and charts look the same, and behave similarly. Once you understand the information within, you can understand what the institutions are doing at any given time.