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Exponential Moving Average (EMA)

BTC Update! Increasing bear volume & loss of EMA support! Well first Merry Christmas to my followers and anyone checking out this chart. I hope each and every one of you gets to enjoy the holiday with your family. Wanted to get a quick update for BTC here. I had personally exited my positions and locked in profits a couple of days ago as BTC started its lower highs and lower lows on hourly and 4 hour charts. This however lasted a very brief time and I was very impressed when bulls set $3775 as the low before climbing back to a new high of this move which is now $4239. Bulls held 26 EMA on the 4 hour chart for that pull back and I was expecting them to lose it before trying for higher highs. So instead I remained patient and recognized my initial thoughts were if we had gotten a bull break originally above our high (at the time it was $4175) that I was not expecting much follow through. So here we are a few days later and that follow through only yielded $64 before we started pulling back again. This pullback is different in my opinion for a couple of reasons. 1. We have lost 26 EMA support on 4 hour chart 2. We saw the initial red candlestick up near the top and then saw the INCREASING bear volume behind it. So those are negatives. If I were looking for positives, I'd give a couple reasons here as well. 1. The bulls held the initial low of our pullback 3 days ago (the $3775) albeit by $11. 2. The daily chart found support on its 12 EMA. So what next? I continue to remain cash personally as I still want to see that daily chart consolidate more and form its healthy higher low. I would consider bullish entries if hour chart can turn higher lows and higher highs but ideally want to keep patient and wait. Will $3775 hold again? I don't know but I was leaning No last post and I remain of that same mindset. $3775 was not enough consolidation in my opinion and I still think there is more to come. Perhaps bulls turn it around and don't fall lower but I'll wait and see. ETH and LTC who have both run harder, are also falling harder with about 20% and 17% pullbacks respectively in the last few hours compared to about 10% for BTC. We are definitely seeing some increased volatility today so it does have me protective as I don't care to be involved in a whale battle with fast swings in price action. Likely no chart update tomorrow unless something exciting happens so once again, Merry Christmas! Please like, share, comment. Just My 2 Sats!
COINBASE:BTCUSD
by My2Sats
2
$BTC LOG SCALE ON COINBASE FAT BEARIf you look at the daily Coinbase chart and switch it to a log scale chart. Then you will see that the uptrend is stronger than you thought but you will also see that we have been in a Bear market since price closed below the 200 EMA back in January of this year. I have been told that many long term institutional investors use Log Scale charts -vs- standard Linear Scale charts when they are making TA decisions. Either way I feel that it is in my best interest to try and swim in the direction of the current. With that being said institutional money has been short since last December when the $BTC Futures contracts launched. Who do you think ran the price way up to $20K just so they could short it at the tipsy top? Every week since they have been short, balance heavy in the futures market so until we see them swing their positions to the long side then I feel that we are looking at more downward pressure. Not only do we have problems with several adult man children fighting over their toys ($BCH Drama) but their is no one with a vested interest to defend $BTC at this level. What I mean by this is, when the CME and the CBOT decided to launch $BTC futures contracts then on that day they started buying physical $BTC and how many years did it take them to stand up their products? How many years ago was that? The institutions are into $BTC much lower than many would think so don't be surprised to see $BTC slide to $1,500 or lower. Just my 2 nickles. DCA + HODL = Success. Viva La Crypto!!!
COINBASE:BTCUSDShort
by dipdizzywizzle
SPDR S&P 500 15M ETF DAY TRADING STRATEGYWe’re going to talk how ETF trading strategies can help you grow a small account quickly. ETFs are versatile financial instruments that are suitable for every trading style from day trading ETF to swing trading ETF. ETF exchange traded funds are financial instruments designed to follow the price of a specific basket of assets and are traded on the US stock exchanges. ETF trading works exactly like stock trading. For example, the SPDR S&P500 ETF (SPY) is tracking the S&P500 index. Day trading is among the best ETF trading strategies because this environment is characterized by high volatility. the best ETF to day trade SPDR S&P 500 (SPY) Gold Miners ETF (GDX) ProShares VIX Short-Term Futures ETF ProShares Ultra VIX Short-Term Futures ETF (UVXY) iShares MSCI Emerging Markets ETF (EEM) Step #1: Apply the 50 – period Moving Average on the 15-Minute Chart The 50 – period moving average is one of the most popular indicators in stock trading. The 50 MA is a psychological level that many professional traders and investors use to gauge the market sentiment. Because many traders use the 50 moving average it has more relevance to the price action. This is the reason why we use the 50 MA in combination with the opening trading range. Step #2: Only Enter Trades after 10:00 AM ET We like to focus on the opening trading range when day trading ETFs. The morning session is when the smart money usually steps in the market and subsequently the most volume happens during the morning session. By focusing only on the morning session we avoid being glued to the chart all day long and only trade alongside the institutional money. The regular trading hours for the SPDR S&P 500 trust starts at 9:30 AM ET. But, we like the first 30 minutes after the open, to wait and see what the smart money are doing. Successful day trading leveraged ETFs is all about taking those opportunities during the most volatile time of the trading day. Step #3: Price Needs to Hold Below 50-MA and to Open in the Lower Part of the Previous 5 Day Trading Range After we analyze how the market plays out during the first 30 minutes of the opening session, we look for the price to hold below the key 50 moving average. Secondly, the SPDR S&P 500 ETF also needs to open in the lower part of the previous 5 day trading range. Simply mark on your chart the previous 5 trading days and the lowest price of that trading range. If, on the six day we open near the lowest price and we hold below 50 MA we’re good to sell SPY. Step #4: Hide SL $0.25 above the 50 Moving Average With this mechanical day trading strategy we place our stop loss $0.25 above the 50 moving average. If after the open SPY breaks above the 50 MA it signals that the bears are very weak. We found this technical reading to be very significant for day trading. Step #5: Take Profit if SPY Declines $1.00 This trade setup is based on our experience that if all the above conditions are satisfied, then there is a very high probability for the SPY ETF to fall at least $1. If your profit target is not reached by 4:00 PM ET close the trade manually. Note** the above was an example of a SELL trade. Use the same rules for a BUT trade – but in reverse. Day trading ETFs provides simple investment opportunities and have a lower operating cost than most of the other financial vehicles. Don’t underestimate the power of trading leveraged ETFs if you want to take advantage of the intraday volatility.
AMEX:SPYShort
by Tradingstrategyguides
CADJPY 15M MFI DAY TRADING STRATEGY WORKS ON FOREXThis is a great Day trading strategy What ever session you trade this will work Best on 5m charts but all TF work Rule 1 - add MFI to chart and change these settings - Length 3 / Levels 0/100 Rule 2 - I like to add the 50 ema to determine what direction I want to trade Rule 3 - Wait for MFI to hit the 100 level twice if bullish bias trade Rule 4 - Buy when MFI hits 100 3rd time and there is a green candle close also Rule 5 - SL nearest fractal low Rule 6 - you determine TP strategy
Long
by Tradingstrategyguides
GBPUSD A Potential Long Opportunity Awaiting Slight Retracement!I am awaiting for this pair to retrace to around 1.30000 level where the weekly pivot is located as well as the daily 50 EMA and then i am planning to go LONG on this pair. Looking at the main chart, a long term daily trendline was violated which also happens to be the neckline of the inverse head and shoulders pattern that had formed. The price has already broken through the daily 50 EMA and now i am waiting it to retrace to 1.3000 before i make my entry and take this pair LONG. The possible risk to reward ratio on this one is around 1:3 or 1:4 but however as we go along the fundamental and technical factors must be taken into consideration to adjust the TP AND SL levels The inverse head and shoulders formed right the 61.8 fib retracement of the previous weekly swing (see the chart below) adding to further confluence that the pair is ready to go up! Adding to the further more confluence, the weekly chart attached below indicates the wedge has been broken and now is seems to be retesting the upper trendline Have a read to the related ideas as well, as the harmonic pattern has developed and the pattern is yet to be invalidated either. FUNDAMENTAL ANALYSIS Well with all the technical analysis done which points to this pair heading upwards, lets look at the fundamental parts. The GBP recently is heavily relient on the brexit news and the recent developments show the deal is likely to be wrapped up in october this year. should this happen then we can see the GBP appreciate against many pairs. However against the USD the gains might be limited as the USD has been doing well this year and the FED rate hike expectations could mean less gain for this pair. Thus taking this all into consideration, the SL AND TP will be adjusted accordingly. However other GBP pairs are likely to gain more value such as the EURGBP, GBPNZD AND GBPJPY OR GBPCHF But for now this pair seems to show a lot of confluence to the upside and i would probably enter the trade once the price retraces to around 1.3000. stay tuned for any updates and signals. thank you
Long
by FX618Analysis
EMA strategy - June to dateThis EMA test produced 9% over 5 trades Rules: Create four closing price Exponential Moving Averages (EMA) indicators on a 4hr chart 20 EMA , 50 EMA , 160 EMA and 400 EMA SETUP: 1. Look for alignment on the two bigger EMAs (160 and 400) - when 160 is below 400 for a short and 160 is above 400 for along 2. Wait for the same setup on the two lower EMAs (20 cross below 50) 3. Enter at the point of the cross - ENTRY Create 2 trades:- 30 pips and 60pips and stop loss at -30pips Happy Trading Follow @Bizlus
by bizlus
BTC showing bearish signsEven though I have not yet placed a short, BTC is looking to close its weekly candle below last weeks low (61xx). The bears are not done yet, as I am expecting a final push lower before the final bull run. 46xx makes a lot more sense for institutions and big money to jump in, but a reversal from 57xx has happened three times before and clearly serves as a strong support. I doubt this will be the reversal, even if it serves as support in the short term. When this level is finally broken, weak hands will be apparent and panic selling will set in. This could easily smash us below $5000 and finally meet the levels that big money has been eyeing since the crash. Consolidation is expected between the resistance of 66xx and support of 57xx. Short term, a push upward to the 9EMA, which is aligned with the resistance shown on the chart (66xx), would not surprise me. If price reaches this level of resistance, I will place a short trade with a TP in the 61xx region and a SL in the 69xx region. If this region is met, a quick melt back down will happen because I strongly believe the weekly candle will close bearish. As seen with the highlighted green squares, every time we have had a bearish weekly candle, it is followed by another bearish candle. History tells us that this weeks candle will close bearish. Time will tell, happy trading!
COINBASE:BTCUSDShort
by Musgravio97
ETCBTC without emotion interference The blueish rectangle showing very peculiar price action which took place on the first half of august. This strong bullish movement was wiped out with couple of days and pull it down below the most important support/resistance level for this pair which is 0.02. I can see 2 possible scenarios the pair will be pull down by 200 EMA on 4H chart and most likely 0.02 level will no be breached or Pair will do another attempt to go above mentioned level and then it will be pulled down by 200 EMA towards 0.01. If my scenario is correct ETCBTC should stop for while around 0.013700 and then try to reach 0.01. The pinkish rectangle refers to strong support/resistance area when closing short position is not a bad idea.
Short
by Krystiannwk
2
HOW does a Moving Average work? #EZ-Learning by EXPLANATIONHey tradomaniacs and becoming traders, here some more education for you and especially for those who started trading and heared about that weird thing called Moving Average. I hope you enjoy it and learn something. If you need more education just check my videos and posts tagged as education. Peace and happy learning Irasor Trading2ez Wanna see more? Don`t forget to follow me. Any questions? Need more? PM me. :-)
BITFINEX:XRPUSDEducation
by Trading2ez
1
Technical and Fundamental Analysis of GBPUSD.On the daily chart, the 200EMA shows me where the long term trend will be for the currency, the EMA showed that price was below the EMA which indicates that the trend is bearish.I can also see a breakout on the price resistance line(1.26978) so it could show that the price will continue to go down.I switched to the 4 hour to see if the Ichimoku signals show bearish signals, there is bearish cross with Kijun Sen is in top of the Tenken sen which shows price is bearish. Price is also below the pink cloud which shows signal for the that the trend is bearish. Also the Chikou space shows that the line is below price which gives e the confirmation that the trade is more likely to go bearish. The fundamental news was on the GBP and it was the U.K. Average Earnings Index +Bonus is the measure of the change in the price businesses and the government pay for labour, including bonuses. The Average Earnings figure gives us a good indication of personal income growth during the given month, but also potential inflationary pressures. The U.K. Claimant Count Change is the measure change in the number of unemployed people receiving unemployment benefits in the U.K. during the reported month. A rising trend indicates weakness in the labour market.. as both of the readings were lower than previous, the Average Earnings Index +Bonus previous was 2.5% and the actual was 2.4%, the U.K. Claimant Count Change previous was 9.0K and the actual forecast was 6.2K .it means that price will do be in a bearish forecast. I would go short on this major pair.
Short
by LDForex_