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Entry

Entry Strategies using Support & Resistance ZonesBrief video tutorial discussing entry strategies using support and resistance zones. How I produce support & Resistance zones can be learnt from the live stream recording HERE With any trading indicator, it is vitally important to have a sensible entry strategy with entry, stop loss and enough risk to reward to the next support or resistance zone. It is also as important not to fudge your entry and stop to give a decent risk to reward. Frame your charts first with Support & resistance zone, put on your stop and your entry. Then the last thing to do is put on your risk to reward. I cover this in this video and show you how to use the Fibonacci extension tool to work out your risk to reward
CME_MINI:RTY1!Education
by PBratbyOfficial
TSLA : Technical Analysis - 21 Oct 2020On a daily time frame : TSLA is currently at its possible support level of 415. If it breaks next support level is 390. Share price may face little resistance at 430, if broken next level is 440 and ultimate short term target is 445. It has formed grave stone doji candle showing upside price rejection, intersting fact is, price has not gone down as well as compared to last day closing price. This indicates that the share price is trying to seek a support at the current levels. Also, RSI has started moving up - neutral to bullish move. Volumes were however on the lower side which is not a good sign. For tomorrow : if the stock trades above its pivot point of 425 with volumes, you may seek an entry in this stock. Alternatively, to be on the safe side, you may consider waiting for one more day allowing the stock price to close above the levels of 423 in tomorrow's session and plan your trade for Friday.
NASDAQ:TSLAShort
by TahirIjaz
EOSUSDT| Perfect Long term Trade Opportunity| 86% LongThe support level (2.3681) has shown its strength for weeks on BINANCE:EOSUSDT and now we are closing to that price level. The best prediction is that we can place our long position after the price bounced back from that level and place our TP at the Resistance level (3.05797). The second Trade opportunity would be when the price level break the resistance level and place our take profit at the higher Resistance. . . . Entry 1 : 2.3681 Take Profit 1 : 3.05797 . Entry 2 : Price crossing the resistance TP 2 : 5.56 Make sure to subscribe and Like the Idea if you enjoyed it!
Long
by Luxern
2
can M fill the gap? 5.75 ---> 7.00Today was a green day on M and ill take it. up a solid +%0.04 in @ around 5.72 avg cost. hoping M will Fill this nice gap upward to about 6 dollars Plus where ill start taking profit hopefully, keeping some to see if she can boost to 7 and beyond. Looked at the Graphs for fun today she currently sitting at the previous levels of support/resistance which for me is nice entry/gamble Opportunity! If she falls, it is what it is.. I will be thinking about cutting me losses if she starts dropping below Instead of Breaking out.. I want the stock to breakout , not Drop! Goodluck everyone @ peace.
NYSE:MLong
by dekirby4
How to use the Oscar OscillatorOSCAR Oscillator by GenZai Green line is the Oscar Rough Red line is the Oscar By default based on the 8 last candles and smoothed using RMA Purple line is the Slow Oscar By default based on the 16 last candles and smoothed using WMA HOW TO USE Exit signaling This indicator can be used as an exit indicator when line cross each other. Entry signaling When the green line crosses up, it indicates a long entry When the red line crosses up, it indicates a short entry Overbought/Oversold When the indicator crosses the dashed grey lines it indicates Overbought Oversold Slow Oscar Add-on This is an Add-on to the orignal Oscar indicator Can be hidden if you want the original experience of the Oscar indicator. Can be used as a confirmation indicator by looking at the direction of the slope to verify is your are trending long or trending short. Can be used as a baseline to confirm signals given by Oscar Can be used to tweak your signals and test different settings. Stock or Forex? The program was originally written for stocks, but works equally well with the Forex market. How this indicator is calculated ? This is the formula we use to calculate the Oscar: let A = the highest high of the last eight days (including today) let B = the lowest low of the past eight days (including today) let C = today's closing price let X = yesterday's oscillator figure (Oscar) Today's "rough" oscillator equals (C-B) divided by (A-B) times 100. Next we "smooth" our rough number (let's call it Y) like this: Final oscillator number = ((X divided by 3) times 2), plus (Y divided by 3). SETTINGS: You can choose between different smoothing options: RMA: Moving average used in RSI. It is the Adjusted exponential moving averages (also known as Wilder's exponential moving average) SMA : Simple moving average EMA : Exponential moving average WMA : Weighted moving average The Script can be found here:
Education
by GenZai
6