Get started

Takeprofit

Easy Long With TP @ 6900-7000We can see that BTC has reached a level of a very clear demand area where every contrarian move for a violent move down has been rejected in a total of 5 times on the daily & 4 hour chart, judging from the current demand and supply areas it would be a good probability to see a bull run before hitting the massive supply orders between 6900 - 7000 marked with the red circles. I will be looking to enter short at the supply area turning my positions until a re-test for a breakout above 7000$ happens.
BITMEX:BTCUSD.PLong
by C2222222222
FIB-Extensions and why you might use them wrong!#Cypher-Pattern!Hey guys, here is my last video about FIBONACCI and its extensions. :-) No offens to those you use it in a wrong way -I did the same mistake! I just wanna show you how you should do it and wanna help you to improve your trading. :-) If you don`t really understand why, just check the first Video of my Fibinacco-series. Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? Need more education or signals? PM mw. :-)
Education
by Trading2ez
ZCASH/DOLLAR SHORT POST ANALYSIS ZCASH/DOLLAR POST ANALYSIS 1D Chart: *The daily timeframe chart is in a downtrend on this pair, giving us a higher probability for a short success trade *This pair had a weak re-test into recent significant daily structure 4H Chart: *This chart had displayed price actions weak pullback into the structure point around 153.00 price *The 4H chart had been in a downtrend as well, allowing multiple timeframes to be on the same page (short) 1H Chart: *On the pullback by the buyers the seller had came in very strong when price hit the 153.00 recent significant level, this had displayed that the seller is still interested in continuing this trend *The 1H chart had given an aggressive bearish engulfing candle giving a good entry and risk/reward ratio. This also showed us there is a good probability shorting due to the fact that the seller (big boy) is still interested. Cheers!
BITFINEX:ZECUSD
by JosePips
EURUSD Weakness - Short Position Long TermEURUSD Weekly Chart - Medium to Long Term Bearish Outlook EURUSD is at a 13 month low. It is currently resting at the 50% fibonacci level. Analysis points out that a trend reversal at this stage is not likelyTh and continued declines at or below the 61.8% fibonacci level are expected. However, a short term blip at the current 50% level may occur before continuing the downward trend. The downward trend is expected to continue as the RSI has broken the key support line since previous 13 month low. The RSI looks to continue to fall to the 30 line. The Momentum indicator also highlights the support line which is a crucial test for the pair. If the currency pair breaks through the support line, it is likely that a test of the 100% fib line will occur. Also interesting but not incredibly helpful, is that the pair has outlined a head and shoulders pattern, indicating that decline is likely foreseeable but doesn't provide much guidance to where it will land. At this stage, conservative analysis points to a decline at the 61.8% fib level. This represents around a 240 pip/point profit trade with the take profit just before the 61.8% line. If the pair breaks the 61.8% line, expect a complete re-tracement. This position is a medium to long term position with a time range between 3 to 9 months.
Short
by Dubsta000
1
Chaikin Volume Indicator Strategy EURUSD 1HThe reason why Chaikin Money Flow is the best volume indicator and it’s better than the classical volume indicator is because it measures institutional accumulation-distribution. Typically on a rally the Chaikin volume indicator should be above the zero line. Conversely, on sell-offs the Chaikin volume indicator should be below the zero line. Step #1: Chaikin Volume Indicator must shoot up in a straight line from above zero (minimum +0.15) to below the zero line (minimum -0.15) When the Volume goes from positive to negative in a strong fashion way it has the potential to signal strong institutional selling power. That’s our base heavy lifting signal! Basically, we let the market to reveal its intentions. When the big money steps into the market, they leave a mark as their orders are so big that it’s impossible to hide. When the volume indicator forex goes straight from above zero to below the zero line and beyond it shows accumulation by smart money. We’re firm believer that you get your maximum bang for the buck when you trade side by side with the smart money. The institutions have more money than you have, more resources than you have and probably they are smarter than you. It’s pretty obvious that the odds are stacked against you, so if you want to change that just follow the smart money. Step #2: Wait for the Volume Indicator Forex to slowly pullback above the zero line. The price needs to remain below the previous swing high. Once we spotted the big elephant in the room aka the institutional players we start to look for the first sign of market weakness. Here is how to identify the right swing to boost your profit. We’re going to let the Chaikin Money Flow indicator slowly move above the zero line. The key word here is “slowly”. We don’t want to see the volume dropping fast because this will invalidate the accumulation noted previously. Secondly, as the volume decreases and moves above the zero line, we want to make sure the price remains below the previous swing high. This will confirm the smart money accumulation. Step #3: Sell once the Chaikin Forex indicator breaks back below the zero line. Wait for the candle close before pulling the trigger. Now that we have observed real institutional money coming into the market, we wait for them to step back in and drive the market back down. When the Chaikin indicator breaks back below the zero line, it signals an imminent rally as the smart money are trying to selloff the price again. Obviously that we would need to wait for the candle close to confirm the Chaikin break below the zero line. Once everything aligns together we’re free to open our short position. Note* The trigger candle needs to have the closing price in the upper 25%. Step #4: Hide your protective Stop Loss above the previous pullback’s high. Using a stop loss is crucial if you want to have an idea of how much you’re about to lose on your trade. Never underestimate the power of placing a stop loss as it can be lifesaving. Simply hide your protective stop loss above the previous pullback’s high. Never use a mental stop loss and always commit a SL right at the moment you open your trades. Trading with a tight stop loss can give you the opportunity to not just have a better risk to reward ratio but also to trade bigger lot size. Step #5: You choose your Take profit or Take profit when the Chaikin Volume moves above +0.15 Once the Chaikin volume moves back above +0.15 it indicates that the buyers are stepping in and we want to take profits. We don’t want to risk giving back some of the profits gained so we liquidate our position at the first sign of the smart money stepping in on the other side of the market. We always can get back into the market later if the smart money show up again. Note** the above was an example of a SELL trade using the best volume indicator. Use the same rules for a BUY trade – but in reverse.
Short
by Tradingstrategyguides
5
QTUM/DOLLAR 2H DARVA BOX STRATEGYStep #1: Identify at least two Darvas boxes that are on top of each other The first trading rule is to let the market develop at least two Darvas Boxes. Basically, the two Darvas boxes are showing that the market is starting to move in steps to the downside. So at this point, the market also should be making lower highs followed by lower lows, which is the basic definition of an downtrend. In the real world, you’ll notice that the Darvas boxes don’t perfectly stack on top of each other. You’ll rarely find a series of Darvas boxes where the following box has the bottom perfectly aligned with the top/bottom of the previous box. You will notice that the price range of the second Darvas box can move into the space of the first Darvas box which still qualify for a valid Darvas box. Note* Big candle wicks are ignored when drawing the Darvas box. Use the closing price instead. Step #2: Draw a support line in the middle of the first Darvas box We’ve noted that there is no such thing as perfection when dealing with the price action. And since the Darvas boxes tend to overlap, another characteristic is that in most of the cases the top/bottom of the current box won’t exceed the middle of the previous Darvas box. In this case, we can anticipate that the third Darvas box will develop its top around the middle or bottom of the second Darvas box. Step #3: How to sell QTUM: Sell when we test the middle or bottom of the 2nd Darvas Box We want to buy low and sell high because that’s the rule number one to make consistent profits. We sell QTUM as soon as the middle or bottom of the 2nd Darvas box is tested this will ensure that we sell on a retracement in an already proven downtrend. Step #4: Place your protective Stop Loss above resistance level in the second Darvas Box Our improved cryptocurrency sell strategy comes with the advantage of providing us with a very tight stop loss. We can hide our protective stop loss within or above the second Darvas box. A break above the second Darvas box will invalidate the whole price structure and it’s wise to get out of the trade as soon as possible. Two things can measure the success of a trading strategy. First, how tight the stop loss is and secondly the stop loss placement needs to be logical not just a random price coming out from over-optimization. Step #5: Take profit needs to be 2 or 3 times more than your stop loss Opening a trade is just the beginning; you also need an exit strategy to maximize your profits. It’s often said that it’s more important where you take profits than your entry strategy The professional traders place more weight and attention on the exit strategy because that’s how they make money. Probably, this is one of the oldest trading secrets that smart money doesn’t want you to know. Note** the above was an example of a SELL trade using the Free QTUM cryptocurrency strategy. Use the same rules for a BUY trade – but in reverse.
Q
by Tradingstrategyguides
EURUSD 30M TDI LONG STRATEGYFind TDIGM under indicator search Step #1: Look for the Read Line to break above the Yellow Line The yellow line is regarded as being the most important line of the TDI indicator because it binds together all the other parts and it makes the indicator tradable. Traders also refer to the yellow line as the Market Base line. The yellow line can be used to determine the long-term trend. We need to see an alignment between the long-term trend and the short-term trend in order to successfully scalp the market. When we have positive expectation coming into the market, the red line must be above the green and the yellow line. That’s the first signal that the buyers are stepping into the market. Step #2: Wait for the Green Line to also break above the Yellow Line. The Red Line must not break above the upper blue band. The second required condition for a valid trade signal is to also wait for the green line to break above the yellow line. Once this happens, we have an alignment between the short-term trend and the long-term trend. When an alignment in the trend direction occurs, that’s when we have those explosive scalping opportunities. The catch is that we need the red line to be contained inside the blue Bollinger Bands. When the red line breaks the upper blue band, we know the market is stepping on the gas. This means we have an acceleration in volatility and tells us that the buyers are exhausted. We don’t want that to happen! Step #3: Buy at the closing candle after the Green Line breaks above the Yellow Line When the green line crosses above the yellow line, it tells us that the buyers are buying and the fact that we have positive sentiment. We’re looking to buy in a market with increasing volatility and in a market where both the short-term and the long-term trend align in the same upward direction. When the price and the market sentiment align, and they are sharing the same sort of expectation, then that’s the best time to enter the market. So, we buy at the closing candle after the green line crosses above the yellow line. Step #4: Hide your protective Stop Loss below the respective swing low developed as a result of the red line crossing above the green line. Find on the chart the last time the red line crossed above the green line and located on the price chart the respective swing low developed as a result of this crossover. Now, use this swing low to hide your protective stop loss. Step #5: You choose Take profit or when both the red line and the green line crosses above the 70 level The real reversal signal is given when the green line also joins the red line and touches the 70 level which signals buyer exhaustion again. When this happens, we want to take profits. The expectation is that when we get up to these levels to start looking for market reversal because the market it can’t go any higher. And this is the perfect place to get out of our scalping trade and take profits. Note** the above was an example of a BUY trade using the best traders dynamic index strategy. Use the same rules for a SELL trade – but in reverse.
Long
by Tradingstrategyguides