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M-oscillator

USD/JPY bullish reversal underway on the 4H timeframe?USD/JPY has printed a bullish reversal pattern on the 4H timeframe, bouncing off uptrend support in the process. And with horrible Japanese household spending data showing spending slumped 1.8% in the year to May against expectations for an increase of 0.1%, the likelihood of the BOJ delivering further near-term monetary policy tightening looks to be dimming fast. Unless we see weak payrolls report later today, which has not been the case over much of the past year with it beating expectations on eight of 12 occasions, the path of least resistance for USD/JPY remains higher. Buying here with a stop below the uptrend is an option targeting 1.61745 or the multi-decade peak of 161.952 set earlier in the week. Prior to the current candle, USD/JPY printed a morning star pattern that’s often seen at bullish turning points. RSI has also broken its downtrend, hinting at a potential shift in price momentum to the upside. DS
Long
by FOREXcom
FX Index Curve Oscillator (FICO)By constructing an index like TVC:DXY for each of the 8 major currencies, we can determine which currencies may be showing relative strength or weakness. This indicator was designed for trading FX on the daily charts. Other timeframes should work with the right settings, but it will not work for other asset types . AUD - Yellow CAD - Red CHF - Orange EUR - Purple GBP - Green JPY - White NZD - Lime green USD - Blue The US Dollar Index is constructed by taking a weighted average of a basket of currencies against the USD in order to gauge it's relative strength. We can actually construct a similar chart by simply taking the product of several currencies against the USD; it won't have the same values of course, but the chart's general shape (peaks and valleys) are approximately the same. This technique can be applied to other currencies, which is the premise of this indicator. The default settings seem to work "okay" for the daily chart. The lookback and oscillator are probably the biggest variables to change if you move to different timeframes. Some ideas on how to use this indicator: Using crossovers for a particular currency pair: Using color changes for a currency pair (one bright, one dark): Waiting for values to cross +/- 1.000 and change color: As above, but using all the currency indexes, and finding opposing pairs to trade:
Pine Script™ indicator
by KyleBaran
Why I Think GBPUSD Will Continue to Buy This WeekHey Rich Friends, I know its NFP Week, but we can still make smart trades by sticking to our plans. Be mindful, but do not trade with fear. I think that GU will continue to buy this week and here is why: - The market has already rejected the previous demand zone. - The 3 EMA (blue) has crossed above the 10 EMA (purple). This is a strong bullish confirmation for me - The stochastic is facing up, the fast line (blue) is above the slow line (orange) and both lines are above 50. This is a strong bullish confirmation for me. - I will set my TPs at previous highs and my SL at a previous low Good luck if you decide to take this trade. Remember to check the news and cross-reference the indicators that you have on your chart. Peace and Profits, Cha
Long
by MoneyMantraCha
DOT's next move.CRYPTOCAP:DOT I see a bullish divergence on the daily chart at an important support level, and people are freaking out about how they spend money :) Sorry, but I trust what I see on the charts. The only invalidation point is $4.50. If you are still here, here are more of my thoughts... So what if #DOT paid big influencers to promote their project? Every project does that; it's their marketing strategy. It's good that they are investing in marketing because, in the crypto world, the cycle moves really fast, and to keep up, you need to spend on marketing. Many projects, including some of your favorites right now, have paid influencers. It's like the death toll shown on your screen daily during the COVID-19 pandemic, which made you worry every day. But in reality, the death toll was almost the same before COVID-19; it was just shown to you daily. You never know how much #ADA paid influencers. Disliking the idea of paying for and buying inorganic distribution is misguided.
Long
by GoldenTrades_
Dusk Network - 200% waiting to be collectedOn the above 4-day chart price action has corrected 70% since the year began. A number of reasons now exist to be long, including: 1) Price action and RSI resistance breakouts. 2) Regular bullish divergence. All but one oscillator continues to print positive divergence with price action. 3) Look left. Price action confirms support on past resistance. 4) Bull flag breakout. Flagpole measures 200% from breakout. 5) GRM support confirmed. Is it possible price action corrects further? Sure. Is it probable? No and no. Ww Type: trade Risk: <=6% Timeframe for long: Now Return: 200%
Long
by without_worries
3
TeslaPrice has taken support at 195 - 197 and broken the trend line. Sustaining the current level will make the price to move up. Patterns I am seeing in this chart are triple bottom support, RSI divergence, trend lone break out. Buy above 198 with the stop loss of 196 for the targets 200, 203 and 206. Sell below 194 with the stop loss of 196 for the targets 192, 189 and 186. Hit the like button to Rock !! Show some energy !! Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. You are responsible for whatever you do.
NASDAQ:TSLA
by vanathi
2
150x Potential on Tokenfi's TOKEN [LONG]Hello Traders, RWA AKA tokenizing "Real world assets" will be one of the next major breakthroughs in the fintech industry. From the team at FLOKI Coin they've created Tokenfi's TOKEN cryptocurrency which handles all the payments for tokenizing assets on all of the major blockchains. In the last couple of months the team completed thorough updates to bring tokenization of real world assets to every major blockchain. In one regard you can create your own cryptocurrency with a click of a button. As well as NFT projects. You can tokenize just about anything and with thorough and complete updates in the coming releases they are always adding quality over quantity to their code. This project is a first of its kind. People in the fintech industry have been talking about tokenizing real world assets for a couple of years now. The team at FLOKI and Tokenfi are the first to make this a possibility. Just a few months ago it was only for three block chains. Now they have almost every major blockchain. This is a sign of amazing things to come with future updates. As we look at the PMARP indicator on the daily chart we can see projections almost like the RSI where it is at an oversold time. This is already bringing in big investment money as you can see from the chart. I remember when TOKEN first started and I told you to invest at two cents. It already hit 22 cents from there. It went down to 5.8 cents and then back up to 17 cents. This correlates with Bitcoin. When Bitcoin goes up like it will by the end of the summer or sooner we will see TOKEN go up in a major way. Just take a look at the chart. At every moment when you see it is oversold on the PMARP indicator or the RSI indicator you can see that it made amazing gains! With a 78 million dollar market cap heading into a 3 billion dollar a year NEW industry the price of token could easily hit 50 cents, $1 even $2 and so on. So make sure to set aside investment for TOKEN cryptocurrency and remember to shout me out for who told you first. Love Rocket
UNISWAP:TOKENWETH_C7E6B6.USDLong
by Henrywaters
Perpetual Protocol (PERP) to $20On the above weekly chart price action has corrected 97% since September 2021. A number of reasons now exist to consider a long position. They include: 1) Price action and RSI resistance breakouts. 2) Support and resistance. Price action confirms support on past resistance (see arrow). Look left. 3) GRM support has already confirmed. 4) The falling wedge breakout and confirmation forecast a 5000% move from the breakout point. Forecast is measured from low to highest touchpoints within the wedge (blue circles). Is it possible price action corrects further? Sure. Is it probable? no. Ww Type: trade Risk: <= 6% Timeframe for long: Yesterday Return: 50x
Long
by without_worries
81
Composite way.Hi, everybody. This is one of those composite charts that are designed to help you understand a little more. First let me say that if you look at the larger timeframes, the whole market situation looks like some sideways movement. While some see a rise as early as tomorrow and others see the market falling, I see no clear signs of either right now. My personal opinion. But I do see something in the future. So, we take the capitalisation of all coins without BTC and ETH, subtract Tether additionally from it and divide by BTC. On the left is a daily chart, on the right 19D. Daily. I haven't switched on the Volume Flow Indicator (VFI) for a long time. There is a positive signal, the short volume EMA crossed the long EMA to form a golden cross. If the volume data is valid, it means that the process of pumping liquidity into Total3 is underway. The signal from the 9 seasons rainbow is ambiguous. We have as many as three fuchsia-coloured stripes signalling a crazy sell, and they have been replaced by light red stripes. In typical cases this is interpreted as: Crazy Sold (Fuchsia) -> Bear Bounce (Light Red): This normally indicates price has dropped to a new level In addition, the Whalemap Indicator recorded purchases in February this year at 0.43. It is assumed that the profit on these purchases is underperforming. Now the altcoin market is below this buying point. 19D. Here I will switch to Ichimoku and Stupid Willy. On the clouds we can see the "thin neck" area. Anyone who has been following my charts for a long time knows that I keep a close eye on these areas. When Senkou Span A and B come so close, it means an area extremely convenient for a resistance breakout. For price to break out above the clouds and start a run. On this chart, the neckline starts on 23 September and ends on 31 October. We can expect a breakout in this time frame, I think. Stupid Willy showed a switching trend signal from red to green as early as the end of April, and pretty quickly back to red again. However, these signals occur when the black EMA crosses the major signal line. And the black has once again come close to the leading line. I expect that by mid-summer we will have a sustained green. Past pumps have formed two tops on this chart. 1.34 and 0.98. Additionally, I will highlight the resistance level of 0.68. 0.68 is the first target that the TOTAL-3 should pass towards new tops. Unfortunately everything is still very slow. But we are not discouraged. I remember the summer and autumn of 2017, not everyone actually thought growth was possible. Killing faith is one of the tricks of this market.
CRYPTOCAP:TOTAL3
by averkie_skila
Long Term Analysis of Nifty my observations and a conclusion.The chart above is the chart of Nifty 50 since 1991. This chart here tells a few stories. I will tell you my version of these stories or observations you can derive your own conclusions from them: 1) India is a continuous bull market. There are blips due to Micro and Macro reasons but the chart keeps moving forward in the parallel channel. We are in the upper half of the channel since 2005 indicative of an economy that is moving forward and GDP that is continuously growing. There are couple of times when the market went into the lower half of the channel once was during the 2008 Sub-prime crisis and once during the COVID19 global crisis. Lot of countries of the world have still not come out of the trauma but we bounce back each time. This tells us about strength of our nation and our economy. 2) There is lot more room to grow before we hit the channel top resistance. Even in case of some major political event or market correction. We can get the mid channel support and the support of Mother line 50 Months EMA. 3) Relative Strength index is a lagging indicator used by a lot of analyst to check if the market is overbought or oversold. As per my observation over the years. We start to enter the overbought territory once the index is above 70. RSI above 80 is indicative of a market that is overbought. Similarly when the RSI levels are below 30 we enter the oversold territory and When RSI is below 20 we are in the highly oversold territory. Now if you look at the chart carefully each time monthly RSI of Nifty has gone near / above / substantially above 80 levels there has been a correction in the market. Some corrections have been large some not so substantial but inevitably market has corrected. Right now RSI of Nifty is 78.94. The levels to watch out for reversal / Consolidation / correction in my opinion can be anywhere between 79.88 and 91.35. I am not trying to scare you or predict a doomsday scenario, I am just presenting historic data in front of you. 4) Market can remain irrational for period of time beyond human comprehension. Market can remain irrational more than an investor can remain rational. So while we ride the upwave changing sectors and changing our stories and choices shuffling between small and mid and large caps do not forget to put in your stop losses and trailing stop losses. Stop losses are our friends that protect our capital and trailing stop losses are our friends that protect our profits. While we use them it can happen that a stock takes your trailing stop loss and again bounces back to huge upside but it is fine, either we learn or we win. If you have the capital you can invest again. If you will not have the capital it is an irreversible loss. Conclusion: Stay Positive but be cautious. Use stop losses with discipline and trailing stop losses generously. The chart shows that history repeats. The chart shows that India is a continuous bull market. The chart shows that long term investor will always win if he has discipline and follows a process in stock selection, profit booking and staying vigilant.
NSE:NIFTY
by Happy_Candles_Investment
SPX500 is oversold on the hourly chartThe SPX500's daily chart is still trading in a bullish zone. The hourly chart has pulled back to oversold territory suggesting a bullish snap-back may be due. This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”). Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (trading as “FXCM” or “FXCM EU”), previously FXCM EU Ltd (www.fxcm.com) : CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com) : Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763). Please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this video are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed via FXCM`s website: Stratos Markets Limited clients please see: www.fxcm.com Stratos Europe Ltd clients please see: www.fxcm.com Stratos Trading Pty. Limited clients please see: www.fxcm.com Stratos Global LLC clients please see: www.fxcm.com Past Performance is not an indicator of future results.
FX:SPX500Long
by FXCM
USDCHF Tests Critical Resistance on Dovish SNBHaving pivoted away from its tightening cycle in March, the Swiss National Bank delivered the second straight rate cut last week, making it a frontrunner in the shift to monetary easing. Officials also lowered their inflation forecasts, creating scope for more moves ahead. Its US counterpart on the other hand, is reluctant to pivot due to stubborn inflation and Fed officials see just one cut this year. This monetary policy divergence is beneficial for USD/CHF, which surges after the SNB back-to-back rate cut. It now tries to take out a pivotal resistance cluster, comprising of the EMA200 (black line), the 38.2% Fibonacci of the last decline and the daily Ichimoku Cloud. Successful effort will give control back to the bulls and allow them to look towards the 2024 peak (0.9225-46), but this may prove elusive in the near term. On the other hand, with two rate cuts already under their belt, Swiss policymakers may become less bold. Furthermore, the Fed may have adopted a higher for longer stance, but still sees less restrictive stance ahead and markets are more optimistic, pricing in two rate cuts within the year. Overbought conditions indicated by the RSI and the aforementioned critical resistance confluence, can put pressure on USD/CHF. So a pullback that would challenge 0.8825 would not be surprising, but deeper losses towards and beyond 0.8730 are not compatible with the monetary policy dynamics. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (trading as “FXCM” or “FXCM EU”), previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763). Please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this video are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed via FXCM`s website: Stratos Markets Limited clients please see: www.fxcm.com Stratos Europe Ltd clients please see: www.fxcm.com Stratos Trading Pty. Limited clients please see: www.fxcm.com Stratos Global LLC clients please see: www.fxcm.com Past Performance is not an indicator of future results.
Long
by FXCM