USDCAD: TO 1.45000!USDCAD: broke below 1.39750 key psychological and snapped back above support (fake out). Price managed to close off a strong daily candlestick which engulfed six days of daily price action (notice the size of the daily engulfing).
Scaling down to the 4hr time frame we can see price ranging between 1.39500-1.45000. Also notice how price broke above this down trend and is on the way to retest support, the trendline, 61.8% fib retracement, and 1.39750 quarterly psychological zone. If price shows any signs of rejection or manages to maintain above this zone, then look to buy USDCAD to 1.45000 key psychological zone. However, if we violate this zone then we must reevaluate price action. Due to uncertainty of market fluidity, risk management is highly recommended.
Priceactionstrategy
USDJPY: Longs To 109.000!Daily Time Frame: We can see price creating a double bottom formation at 107.000 key psychological support. Also notice on the second bounce how price created a morning star reversal formation.
Scaling down to the 4hr time frame, we can see that this market has been ranging between 107.000-109.000 key psychological. If price comes down one more time to 107.000 support and show some signs of rejection, then we can look to buy this up to 109.000 resistance. However, if price violates this support and close below, we must reevaluate price action. Due to uncertainty of market fluidity, risk management is highly recommended.
Would you go long, short or no trade on this chart? (Nov. 26, 2018)
This is a good opportunity to practice your price action skills. Before moving the chart forward, answer the following questions:
1. Would you go long, short, or no trade...right now on the chart above?
2. Reasons for trading or not trading?
3. If you would trade, call out your stop loss and take profit.
Then scroll the chart forward to see how you would have done! Leave your results below...
Would You Go Long, Short or No Trade on $AUDUSD Here? (Oct. 5 2017, Daily)
This is good practice to recognize price action setups. If you would trade this chart, before you hit the play button on this chart, leave a comment below and let me know:
1. Why would you go long or short?
2. Where would you place your stop loss?
3. Where would you place your take profit?
If you wouldn't trade this chart, then simply say "no trade."
Then hit play to see how your trade would have worked out. If you like these exercises, let me know and I'll create more.
EURJPY TRADEActually forgot to post this trade.
But it was a winner, great trade. Lets see how long this winner streak lasts... this is the point of having a good R:R 2:1 or 3:1 ... even at a 50% winning strategy. You can Still make $$ money..... just do the math 5 winners - 5 losers you are 50% winning percentage, but you are still profitable. Think about it....
NAS WILL TEST US POSSIBILITY: AS MARKET IS STILL BULLISH ON DAILY AND WEEKLY AND EVEN MONTHLY MARKET MUST BREAK AND RESPECT 8580 TO GO LONG TILL T1: 8625 T2: 8665
PROBABILITY: TO FORM A PERFECT AND RESPECTFUL H&S ON H2 H1 WE WILL WAIT FOR IT TO RETEST ON 8580 THEN BREAK AND CLOSE BELOW 8560 THEN WE GO SHORT TILL T1: 8520 T2: 8430
*SO ALL WE HAVE TO DO NOW IS WAIT FOR MARKET TO GIVE US OPPORTUNITY ITSELF RATHER THEN BEING AGGRESSIVE TOWARDS IT*
AUDUSD - 4H - PatiencePrice has created a double top, will we see price take those bulls pending orders and then reverse?
I do think price would like to come down and retest below areas of interest, but not before a fake move up.
i want to be ready when this pair dumps, we could see some explosive moves here, waiting for Rules to add up.
Scalping the range is something you could do as i have, but not recommended, lets see what happens
Rules, Rules, Rules!!!
MONERO POSSIBLE SUPPORT Support needs to hold above 0.0069
DESCRIPTION & HOW TO USE THE ALERT:
Boost trading indicator & alert automatically uses live & historical market data to give a non repainting trading signal.
Set your own trading signals from the indicator to assist with 12 hour trading set ups and market analysis.
This alert also contains a checkbox to "BOOST" the signal, this smooths the price being read by the indicator.
Turning the Boost on allows traders increased control over signals for trends by reducing market noise.
Leaving this box unticked will show signals more useful for reversal trading.
Boost alert can be used alone for long/short signals or used as a visual aid to assist in identifying levels and trends on the chart.
Use with other indicators to make your own complete trading indicator system.
This trading indicator can be used for trading financial markets such as forex, stocks, crypto, index and commodities such as gold, nat gas, and oil.
Exclusive: This exclusive trading indicator is ideal for traders looking for a unique and non-repainting alert.
Advantages: Trading signal alert has a boost setting to smooth the trend this can also make market reversals easier to identify.
Limitations: Must be displayed on chart timeframes above 5 minutes & only gives 12 hour trend signals
TradingView account needed: free
New indicator subscriptions activated by Asia Open (London 10pm)
TRY IT TODAY
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Disclaimer:
Past performance is not indicative of future performance. No representation is being made that any results discussed within the service and its related media content will be achieved. All opinions, news, research, analyses, prices or other information is provided as general market commentary and not as investment advice. CEO CODES, their members, shareholders, employees, agents, representatives and resellers do not warrant the completeness, accuracy or timeliness of the information supplied, and they shall not be liable for any loss or damages, consequential or otherwise, which may arise from the use or reliance of the CEO CODES service and its content. © 2015 CEO CODES
CEO CODES indicators are built for TradingView. CEO CODES is on no way a part of TradingView.
MAID BULLS NEED TO BREAK RESISTANCE MAIDSAFE marching long to 0.00001587. A break above this level can see a major trend move up.
DESCRIPTION & HOW TO USE THE ALERT:
Venus Fibonacci Levels Trading Indicator & Alert, 12 hour Time frame.
These fibonacci support & resistance levels are derived from live price which means the indicator will give a new level once the previous level is broken.
Set your own trading signals from the indicators to assist with multi time frame trading set ups and market analysis.
Trading indicator reads emerging Fibonacci levels for market support, resistance & trade reversals.
Venus Levels Alert can be used alone for long/short signals or used as a visual aid to assist in identifying levels on the chart.
This alert will show fibonacci support & resistance levels for the 12 hour timeframe with the current level clearly highlighting possible market price turning points or trade breakouts.
Venus alert allows easy determination of fibonacci levels & trend direction than can assist in identifying trade entry, profit, target or reversal levels for chartists.
Use with other indicators or fundmental analysis to make your own complete trading indicator system.
This trading indicator can be used for trading financial markets such as forex, stocks, crypto, index and commodities such as gold , nat gas, and oil .
Live Market Levels
Exclusive: This exclusive indicator is ideal for traders looking for a unique market alert.
Advantages: Alert shows forming support & resistance levels
Limitations: If market price breaks the level it will give an alert at the next support & resistance level
TradingView account needed: free
New indicator subscriptions activated by Asia Open (London 10pm)
TRY IT TODAY
----------------------------------------------------------------------------------------------------------------
Disclaimer:
Past performance is not indicative of future performance. No representation is being made that any results discussed within the service and its related media content will be achieved. All opinions, news, research, analyses, prices or other information is provided as general market commentary and not as investment advice. CEO CODES, their members, shareholders, employees, agents, representatives and resellers do not warrant the completeness, accuracy or timeliness of the information supplied, and they shall not be liable for any loss or damages, consequential or otherwise, which may arise from the use or reliance of the CEO CODES service and its content. © 2015 CEO CODES
CEO CODES indicators are built for TradingView. CEO CODES is on no way a part of TradingView.
RIPPLE RETREATRIPPLE retreating on news of About $400 million of XRP tokens, the currency for the Ripple payment network, is tied to illegal transactions. Last resistance level at 0.29
DESCRIPTION & HOW TO USE THE ALERT:
Dream Heikin Ashi trading indicator & alert reads Heikin Ashi Fibonacci Price Levels from historical data.
These Heikin Ashi Fibonacci Price Levels are derived from historical data which allows the code to not repaint.
This alert will show Heikin Ashi Fibonacci Price Levels for the 12 hour timeframe with the current level clearly highlighting possible price turning points.
Set your own trading signals from the indicator to assist with 12 hour trading set ups and market analysis.
Use with other indicators to make your own complete trading indicator system.
This trading indicator can be used for trading financial markets such as forex, stocks, crypto, index and commodities such as gold , nat gas, and oil .
Trend and reversal alert
Exclusive: This exclusive indicator is ideal for traders looking for a unique and non-repainting alert.
Advantages: Alert can hold a major trend
coded for Heikinashi price for smoother trends
Limitations: Can show false signals as the alert does not
recalculate live price
Only shows 12 hour trend moves
TradingView account needed: free
New indicator subscriptions activated by Asia Open (London 10pm)
TRY IT TODAY
---------------------------------------------------------------------------------------------------------------
Disclaimer:
Past performance is not indicative of future performance. No representation is being made that any results discussed within the service and its related media content will be achieved. All opinions, news, research, analyses, prices or other information is provided as general market commentary and not as investment advice. CEO CODES, their members, shareholders, employees, agents, representatives and resellers do not warrant the completeness, accuracy or timeliness of the information supplied, and they shall not be liable for any loss or damages, consequential or otherwise, which may arise from the use or reliance of the CEO CODES service and its content. © 2015 CEO CODES
CEO CODES indicators are built for TradingView. CEO CODES is in no way a part of TradingView.
---------------------------------------------------------------------------------------------------------------
Non Repainting:
All effort has been made to acurately describe indicators & alerts as non repainting at time of publishing. Changes to Pine by Tradingview that may effect the indicator stability are beyond our control.
ETH PRICE BREAKDOWNExpecting Ethereum continuation short for the session. Last resistance seen at 185.
DESCRIPTION & HOW TO USE THE ALERT:
Dream Heikin Ashi trading indicator & alert reads Heikin Ashi Fibonacci Price Levels from historical data.
These Heikin Ashi Fibonacci Price Levels are derived from historical data which allows the code to not repaint.
This alert will show Heikin Ashi Fibonacci Price Levels for the 12 hour timeframe with the current level clearly highlighting possible price turning points.
Set your own trading signals from the indicator to assist with 12 hour trading set ups and market analysis.
Use with other indicators to make your own complete trading indicator system.
This trading indicator can be used for trading financial markets such as forex, stocks, crypto, index and commodities such as gold, nat gas, and oil.
Trend and reversal alert
Exclusive: This exclusive indicator is ideal for traders looking for a unique and non-repainting alert.
Advantages: Alert can hold a major trend
coded for Heikinashi price for smoother trends
Limitations: Can show false signals as the alert does not
recalculate live price
Only shows 12 hour trend moves
TradingView account needed: free
New indicator subscriptions activated by Asia Open (London 10pm)
TRY IT TODAY
---------------------------------------------------------------------------------------------------------------
Disclaimer:
Past performance is not indicative of future performance. No representation is being made that any results discussed within the service and its related media content will be achieved. All opinions, news, research, analyses, prices or other information is provided as general market commentary and not as investment advice. CEO CODES, their members, shareholders, employees, agents, representatives and resellers do not warrant the completeness, accuracy or timeliness of the information supplied, and they shall not be liable for any loss or damages, consequential or otherwise, which may arise from the use or reliance of the CEO CODES service and its content. © 2015 CEO CODES
CEO CODES indicators are built for TradingView. CEO CODES is in no way a part of TradingView.
---------------------------------------------------------------------------------------------------------------
Non Repainting:
All effort has been made to acurately describe indicators & alerts as non repainting at time of publishing. Changes to Pine by Tradingview that may effect the indicator stability are beyond our control.