Rollercoaster
USDJPY Behaving well on this Bullish MoveYesterday I made a short video discussing how we were going to trade the USDPY currency pair using our Elliott Wave and Roller COaster Indicator Suites for the TradingView Platform. Link to yesterday video is >>HERE<<
This is a follow video to show how well this USDJPY Forex Pair is behaving and the resulting Long Trade that we are in!
BTCUSD Roller Coaster Long DayTradeDid you catch the BTCUSD long today with our Roller Coaster Indicator Suite for TradingView?
MACD Stochastic Cross Is Not Enough
There are a great deal of interpretations of the “MACD Stochastic Cross” trading strategy and the principle is sound if you have the correct time frame to trade. One thing lacking in many of these strategies is a simple and repeatable entry and trade management strategy.
As the name implies, we want to ride the roller coaster from overbought to oversold zones of the stochastic as with the normal MACD Stochastic Cross strategy. However, we want a simple and repeatable entry strategy. Also, we don’t want to exit a trade as soon as we get in the opposing stochastic zone, as it may move to a false breakout state and start trending. With this in mind we hacked our already proven entry and trade management strategy from our B.I.T.S (Breakout Intelligent Trading Signals) Strategy. Where we use a combination of 3 EMA’s specially designed for all instruments and time-frames that we call our Points of Control (POC). We have a Core, Leading and Lagging point of control.
Read Full article on our Roller Coastr Indicator here tradethefifth.com
AUDCAD potential Long using Roller CoasterThis Forex Pair is behaving well on the 60 minute timeframe with our Roller Coaster Indicator Suite, with a great Win rate.
The current long trade that triggered at 0.89149 is now risk free as the trailing stop has been printed just above BreakEven. If the Trailing Stop (0.89144) doesn't get taken out and the price moves back up through 0.82934, then we would look to get in this long trade on AUDCAD. This price level is also above recent pivots points as can be seen on the chart (green hashed line).
Remember to keep your trade size small in line with what you are prepared to lose on this trade if the Stop is taken out at 0.88657
BTC rollercoaster still on goingDear crypto fanatics, crypthaolics and friends of crypto world,
the BTC rollercoster is still on going, we are supposing to have a 5th wave up to around 7.5k and the an assessment with a possible downtrend. A very tipical BTC configuration since december 2017.
Our setup will be long for the next few days and the take profit on the summit with a very low leverage short around 7.4k increased while getting the downtrend confirmations.
Stay tuned and like, share comment if you enjoyed the TA.
*this is just my opinion I'm not a professional advisor! Make your choices wisely and manage your risks!
BNB /USDT Chartzilla, Elevator, Roller coaster For a more precise movement please fallow my 5 mins chart that has more exact points -
Hello This is one of the most complete Charts for Bnb coin, it covers almost two days of trading, each vertical line can signal a change of move or a continuation of trend. Also if gives signals of tops and bottoms.
If you find this useful, don`t forget about the tip jar:
USDT:
1FMv86K5eQzUTtRDJAJeP8tLrLVgPsTLzr
BTC:
12EvefxkUoWB31HEgyTiPk5xdPfKdijLxQ
Bnb:
0x3aa54eadf676e502d64f1abecaf823e7202c164b
LTC:
LRBRUg58e4bcomqWPQQ3SA314ruaKz1uwL
This will help me keep the Trading View charting and provide you with updates.
Usually i don`t trade because...
"I`m only here for the charts :)"
Considerations about "RSI Rollercoaster" trading strategy.The RSI rollercoaster in my opinion is one of the safest trading strategies, because combines a clever use of the stop-loss at points that guarantee receiving a good percentage in profit. It is particularly good when you do middle term trading, and you have regular jobs which impede being in front of the charts regularly.
Nevertheless there is one situation about the RSI rollercoaster that I do not no how to handle:
Lets suppose that you take a long position on any symbol, using the criteria of identifying the upward crossing of the K line with 20.
You go long at 10000, considering a stop loss at the pivot point (9500), and selling half of your position at 10000+50% of your risk.
Possible outcome 1 : first target of 10000+50% of risk is not met, and the value of the share starts going down. In this case the stop loss will protect your position making you going short again, in case the trend continues being bearish.
Possible outcome 2 : first target of 10000+50% of risk is met, and the share continues going up, in this case you liquidate half of you position at targe and increase the level of your stop loss to breakeven. Then go short after the RSI has a downward crossing with the 80 level.
Possible outcome 3 : First target is meet, wich means that you sell half of your position, but then the share goes down up to the break-even point. At this stage, you liquidate all of your shares, but in a market that you expect to be bullish.
The question is, in a situation like outcome 3, How to enter again to the market? , how to define the strategy to enter back again?
I will just keep studying to try to identify patterns, but all comments are welcome.
Is Your FaceBook Investment Safe? A Longer Term View...This is a monthly chart of FB. The last candle on this chart is the January candle. January is only half way over so this candle will change from here. This idea is based on the candle that exists on this chart. I have no way of knowing what the January candle will look like at the end of January 2016...
So you have owned some shares of FB for a while and you don't know what to do because "the market is falling apart" (at least that is what some people are saying). Let me calm your nerves just a tad. If you bought FB shares anytime before June of 2015 you are still making money on those shares. Granted, you are not making as much as you were in November of 2015 but you are still ahead.
Investments go up & down. No one seems to complain when investments are going up. But we all agree they can't go straight up for ever. If we could just find a way to tell when a stock stops going up it would be very helpful. This chart of FB is trying to tell you exactly that. And in time, It will tell you weather FB is going to continue going up or if it is going to stop going up.
Notice the green uptrend line labeled UT 1. That line starts back in August of 2013. It touches the bottom of May and June of 2015 and now has touched the bottom of the candle that represents January of 2016. Is this a bad thing? I don't think so. In fact, if you bought FB when the May and June of 2015 candles touched the line you are still making good money on your investment.
I will take the opportunity now to remind you that the January of 2016 candle is not a complete candle. It will change for two more weeks. But at this point in time, I would say that if you bought FB stock when the price was close to the green uptrend line you are doing just fine. And you will continue to be fine ( making money ) as long as this candle and future candles stay above the green uptrend line.
Let's talk about the red downtrend line for a moment. It is labeled DT for short and shows you that November of 2015 is when FB reached its highest prices. December was a month with lower high prices for the stock and January has had even lower high prices. Typically, lower high prices are the part of the stock market roller coaster that makes the 401K investor squeamish.
If you extend the green uptrend line and the red downtrend line you will notice that eventually they will meet. Sometime before they meet, you will probably notice the candles trending above the red downtrend line or below the green uptrend line. That is when the chart is trying to have a conversation with you. If the candles trend up through the red downtrend line, FB is probably moving higher and could make new highs. If the candles trend down through the green uptrend line, FB is probably moving lower. How far? That is like asking your paper boy to deliver tomorrow's paper today...
Need help with trend lines on other stocks you own? Write a comment and ask me for help. I would be happy to create a chart for you.