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Moving Average Convergence / Divergence (MACD)

Short On AUD/USD SELL SELL SELL !!!Reasons for -Firstly on the four hour we are in a area of congestion and sideways -We are making lower high -we have bounced of major long term trend line on the four hour with a Bearish candle -Previous candle was a doji -Also we created a corrective structure to the upside and we have broken it -So we are ready for the next impulse move to the downside -Not only Price action is bearish but also wave patterns are showing bearishness these two together a deadly combo! -We are also trading on the 0.5 FIB level on the lower timeframes Daily -On the daily we are bearish in terms of trend (We are down trending) -This recent move up could be a correction before we see anymore bearish movement and building up steam for a big move down -On the daily we rejected the 0.618 FIB level which shows us the retrace or correction may be over and ready for some bearish movement again -Of course the lower highs are more seeable on the daily (clear down trend) -Also on the daily we got a tweezer top a sign of reversal :) On the weekly -Once again we are down trending the trend is your friend -The past two weeks have been DOJIS on the weekly now we are at a strong trend line maybe time to get bearish candle ? to signify the down move -On the weekly we are getting lower lows which is great but this is more of a long term view Overall im bearish across three time frames i do believe we need to go lower if we do want to see any bullish movemnt if it does come but thats for the future at the moment i believe AUDUSD next level will be 0.7000 Then possibly lower but for now 0.7000 is in sight after we had the Last impulse and corrective structure i think its time for a big bearish move All we can do is wait and see :) My entry 0.70904 1-3% Risk Per trade Trade safe all the best :) If you liked this analysis and Setup Follow and give thumbs up Also id love to hear what you guys think of the setup :) Wishing everyone a great trading Week :)
Short
by ARFXC
8
Long On EUR/GBP BUY BUY BUY !!! (RISKY SETUP)Reasons for -Firstly we have broken a strong trend line -We have bounced off 0.5 FIB level numerous times and its held strong -The previous 12 hours (3 candles) have been engulfed by this past candle -This shows us momentum to the upside -We made a new high and i believe we will test that high if not break that high and make a higher high -We are also up trending On the daily -Yesterdays candle was a bullish engulfing -On the daily the bounce of 0.5 Fib level is more evident -We are very bullish in terms of trend -Yesterday we bounced of a strong trend line a sign of Trend continuation Weekly -We are clearly Bullish on the daily -Currently breaking weekly trend line So the reason this setup is risky is simply my entry is abit late would of liked to got in 16 hours ago but never mind Lets see how this one goes we still have a decent entry All the best with this setup guys My entry 0.78095 1-3% Per trade ! Trade safe :)
Long
by ARFXC
4
Short On GBP/USD SELL SELL SELL !!! Reasons for -On the four hour we have been testing that upper trend line for some time now and price simply aint breaking it -Also we are putting in Lower Highs A sign of change of trend and a reversal -We also have broken our Wedge to the downside which confirms bearish momentum -We have also Held at the 0.618 Fib levels numerous times from the highs high on the up move Therefore i believe the 4 hour timeframe is bearish Daily -On the daily we are clearly in a long term down trend -There alot of wicks to the upside shows more selling pressure -This pull up can be seen as a small correction -After todays candle which is shaping up to close as a bearish engulfing if so A bearish reversal sign -Also price closes bearish it would have engulfed almost 4 days worth of price action -Fridays candle was a doji so this signifies indecision so price putting in a Bearish engulfing gives us the signal that we are going Bears again -We also trading at a key level of 1.45000 that has stalled price and show RES Therefore i believe the Daily is bearish Weekly -Firstly last weeks candle was a doji on our key level of 1.45000 -Yes i no we are only 2 Days into the week (Tuesday) But if this week carries on being bearish we could be looking at a long term selling setup But we will wait for that to happen -We are clearly down trending on the weekly The trend is your friend ;) -So the bullish movement we've had over the past two weeks could be a simple correction before another move down and create another Leg down -Also we are near all time lows so perhaps we are going to test that again before anymore bullish movement (LongTerm) Therefore i am bearish on the weekly too My Entry : 1.44350 3 Timeframes all bearish :) Only 1-3% of account proper risk management Trade safe If you liked this analysis and Setup Follow and give thumbs up Also id love to hear what you guys think of the setup :) Wishing everyone a great trading Week :)
Short
by ARFXC
30
S&P 500 Rolling Over?It it still whether we're heading into an equity bear market, but there are some uncomfortable similarities between the current rolling over of the MACD with how it behaved during the last two bear markets. It is only one indicator, and there are many other factors at play. But, typically markets do not peak with a sudden drop in equity prices (see the equity drop in 2011). Rather, they turn much like the arc of a large ship with failed retests of an uptrend. The momentum gradually comes out of the uptrend while prices continue to plough upward. That divergence has been occurring on the monthly chart for the past year. If we do get a downturn, given where the momentum indicators are in their cycle, there is still considerable downside ahead of us. 1600 on the S&P 500 would be the first target.
FX:SPX500Short
by romanreyhani
Long On EUR/USD BUY BUY BUY !!!Reasons for -After huge move and break out of box range a week ago price has risen and become very bullish -Therefore i believe it will continue to rise till 1.15000 -To confirm is bullish strength it has made higher highs -And higher lows -Creating a structure -Also on the four hour we can see a long bearish wick to a downside which shows more buyers then sellers -Then the next candle after that is a strong bullish candle to confirm the bullish momentum -We also broke our key level to the upside 1.1000 so it adds to the bullish setup If we go to the daily We are clearly making higher highs and long term is very bullish after we broke the key level alot of people have anticipated 1.11500 for a long time and now the dollar is weak this would be the perfect time altho im already long from 2Pm for a news setup i had and currently in nice profit id advise people to go long now as it would be the perfect time Trade safe only risk 1-3% per trade :)
Long
by ARFXC
25
No End to Bearish News for the S&PYesterday, Janet Yellen of the Federal Reserve spoke confirming expectations that the Fed would sit tight on interest rates. She even admitted today that the Fed is considering negative interest rates. Her ominous tone did not bode well for the markets as evinced by the abysmal market opening today here in the US. In fact, the world's markets are rearing from this glut. As for the technicals, we have a bearish Aroon crossover, with the ADX signifying a solid negative trend. Additionally the MACD has crossed over into negative territory, yet the RSI indicates we are not yet oversold. Also note the bearish head and shoulders pattern which suggests we have a way to go before the bulls return. Consider any rallies due to short covering at this point. Fade into any uptrends, for they will be short lived.
SShort
by quantguy
Short On AUD/USD SELL SELL SELL !!!(Change of heart after break)Reasons for -We have broken our 4 Hour trend line to the downside -Therefore we have broken structure and i 100% believe that after the break we are headed down -We are going to get a impulse wave and this is a strong setup - after all the long term trend is bearish ! Yes weve had two small losses but we are going to make it back on this one ;) Also this is an aggressive entry you may want to wait for the pull back :) On the daily we have put in a bearish engulfing also the previous daily candle was huge bearish candle ! on the daily we can also price making Higher lows ! so we are headed down now i believe My entry 0.70430
Short
by ARFXC
15
Long On AUD/USD BUY BUY BUY !!!Reasons for -Firstly we are up trending on the 4 hour -We are making higher highs so to signify uptrend -We cleared key level of 0.7000 -We are trading above the Key Level -We are due for a new higher high and a impulse move to the upside -We also have come to the trend line and has show Strong level of support -Also on the trend line we have reacted and put in a Bullish engulfing -We are showing bullish momentum Also on the daily we are making waves and impulse moves We can clearly see a uptrend All this Put together we are bullish My entry 0.70950
Long
by ARFXC
23
S&P Solidly BearishAny hopes for a recovery this week were quashed by today's open and marked declines henceforth. There really doesn't seem to be any indication of a turnaround, unless some good data comes out this week, and there is quite a bit to anticipate. As the attached article notes, analysts are cutting their expectations for the S&P, and it would be good advice to any investor heed this warning and do the same. The head and shoulders pattern drawn here indicates a bearish trend, and today's open confirms this. Its a bit oversold at present (although the RSI does not confirm this, yet), but any rally should be a good point at which to enter a short trade, or exit a failing long position, thus easing the sting a bit. As for the technicals, the MACD histogram is still in positive territory but its hanging by a thread and looking to cross soon. The OBV indicates a lot of selling pressure, and ADX indicator is distinctly bearish, and the difference between the up and down components are widening further, despite a recent apparently bullish Aroon crossover.
AMEX:SPYShort
by quantguy
1
Short On USD/CAD SELL SELL SELL !!!Reasons For -We are now down trending on the 4 hour chart -We always want to trade in the direction of the trend -We are making lower lows and lower highs -We are trading below key level at 1.4000 Which we broke with a strong downside move -If we put a Fib in from previous Lower high to the new Lower low price is reacting to the 0.618 Level -Sign of retrace Over ? -We have put in two dojis in on the 4 hour time frame -We have also come to our trend line that is acting as Res and also showing signs of bullish weakness So if we put all those together on the 4 Hour time frame we are extremely bearish If we look at the daily -We are also making new lows and currently in a new forming down trend The trend is your friend -The biggest confluence for me is we have broken the previous higher low on the daily when the uptrend was in affect we have come lower then the previous higher low Which also signifies a change of trend and direction -So after all the bullishness over the past couple years isit over ? well for now we are in full affect to make a new lower low in this current trend which is at 1.3500 Heads up Remember guys this pair is heavily influenced by Oil so it is a more risky pair to trade but in terms of technicals it is a great setup :) Also my entry is very aggressive id recommend waiting for a strong bearish candle on the 4 Hour time frame to confirm more confluence and be a strong selling setup as it confirms our momentum which is bearish So id Recommend waiting but if your a risk taker like me join me lol ;) Only 65 pips Risk well worth the risk with a great Risk Reward of 1:6 :) Trade safe My entry 1.38897
Short
by ARFXC
38
Short On EUR/JPY SELL SELL SELL Reasons for On the 4 Hour -We have been bearish since the trend line putting in nice big bearish candles -We have broken our counter trend line -We also have nice long wicks on the upside -This shows me there is more selling pressure On the daily -Firstly this is a long term trade -We can see price is down trending on the lower time frames Always go with the trend -Price has come to our major trend line and bounced of as trend line is acting as Resistance -Price put in a doji almost right on the trend line then a nice big bearish engulfing -This clearly signifies to me there is alot of selling pressure at this level -Also we have been putting in lower lows and lower highs (Clear down trend formation) Price has always reacted from this trend line so i dont see why it wont again also following the trend this is a setup i like nice and high probability So is it possible to put a new lower low ? and make it all the way down too next key level off 125.00 My entry 131.045
Short
by ARFXC
26