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Is Bayer Going To Need Aspirin For Their Roundup Issues?Bayer is a descending Triangle Chart Pattern Strong support level has been re-tested several times Continually lower highs puts pressure on this support level Best patterns have dropping volume and volatility/ATR Fewer traders are interested in this consolidatation At some point expect an explosive breakout Trade Plan Wait for a close below the support level Full trade size if volume is at average atr line 1/2 trade size as long as bar has 75% of average volume Enter two trade Both trades SL is 1.5xATR 1st trade TP is 1xATR 2nd trade no TP let profit run When price hits 1st TP move 2nd trade AL to breakeven Let profit run If breakout candle is more than 1 ATR wait for price to retrace back towards 1 ATR level to enter
MIL:1BAYNShort
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BTCUSD 1D CONTINUATION TRIANGLE BREAKOUT TRADEPrice is in a consolidating continuation triangle pattern There is a nice bullish trend before this pattern You see dropping interest in trades by the dropping volume bars And dropping volatility found in the dropping ATR values Volume is the amount of $ that went into a particular candle or in Forex the # of trades that took place Volatility is the amount of price movement that occurred. Use the ATR to measure the price movement A continuation triangle pattern expects the bullish trend coming into it will continue on the breakout. But be prepared if price movement decides to retrace with a bearish breakout. Buy on a daily close above the triangle Sell on a daily close below the triangle Trade a full size position if the volume of the breakout candle is at least equal to the average volume. Use 1/2 size position if the volume is at least 75% of the average volume If closed candle is more that 1 ATR outside of the pattern, stand aside and wait for price to retrace back to that 1 ATR level to get in. If you are afraid you might miss it put a limit order at the 1 ATR level and price will trigger it as soon as $ pulls back to that level. SL is 1.5xATR of breaking bar TP is 1xATR of breaking bar At 1st TP close 1/2 of position. Move SL to break-even Let remainder of trade run Watch trade - cryptocurrency trades all weekend
COINBASE:BTCUSD
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GBPNZD 4H BEARISH BIAS SHORT TRADEPrice at 100 sma so it can bounce bullish or breakout bearish Price has failed twice to hold above 100 sma - Bearish Bias Bearish Bias: Macd Over-bought, Macd below Red signal line 1st Short position - Price closes on 30m candle below 100 sma Price can fall to 50 sma for 1st Short TP - take 1/2 off position and let rest run At 50 sma price can bounce bullish or breakout bearish 2nd Short position - Price closes on 30m candle below 50 sma 2nd Short TP is previous support @ 1.9127 Find your own appropriate SL's
Short
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TREND LINES, TOP LINES, BOTTOM LINES, HORIZONTAL LINESYellow highlights shows examples where it broke the line and then reversed. Green checks identify breaking the line and continuing to the next line. Current price is at a level where it can either fall below the trend-line to the next anticipated support line or continue up to the top line. If it breaks the top-line and holds above it, all those horizontal lines which were drawn from price action, are future targets Horizontal lines capture the ebb and flow of regular price action over the course of several days on USD/JPY. The diagonal line keeps track of a top-line as price is falling. Note how price sometimes continues and sometimes reverses when it breaks through a line. Be ready for either! Anticipate the next move. 1. You can draw the line but price doesn't necessarily respect it. 2. When price breaks through a support/resistance line or any other kind of trend-line, there is no guarantee it will keep on going. Project the ascending top-line of a working trend. Track the high, low and middle of a working range. Identify important price levels that are being protected for periods of time. Create divergence giving a foreshadowing of reversals in price action. Identify pivotal points based on averages from the previous period, (day, week, month, etc). A line drawn at the level of a spike in price keeps track of outlier markers for future reference from random* flares in volatility. A line can help you see where the day's trading took place -- Near the highs, lows or right in the middle of the daily range. Just as often, when price breaks through a trend-line, it immediately reverses and goes right back from whence it came. That is to say, when price breaks a trend-line be quick to take the reversals if it immediately fails to hold the new position over the line.
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LTCUSD 1D ASCENDING TRIANGLE BULLISH BREAKOUTPrice is in an ascending triangle chart pattern which is a bullish continuation move What makes up an ascending triangle? Great resistance level @ 117.00 tested by 8 candles There are higher lows Winding up of price created massive pressure on the resistance level to the upside Reduction of traders interest in chart pattern Traders interest is indicated by volume and volatility Volume represents how much dollars traders have placed on a particular instrument at a certain price range Volatility is represents ed by ATR by how much price has moved around during a certain time period Volume spikes are falling off Volume average line is dropping off Volatility is dropping off y falling ATR line which represents smaller candle bar sizes Ascending Triangle is a continual bullish chart pattern - trade only long Trading Plan Watch for a daily candle close above resistance level of 117.00 Make sure breakout candle has an average or + volume bar If volume bar is to or above the average line then trade 100% your risk reward ratio (2% of Trade Account) If volume bar is 75% to average line then trade 50%% of your risk reward ratio (1% of Trade Account) Take two trades Both trades SL is 1.5 x ATR of breakout candle 1st trade TP is 1 x ATR of breakout candle When 1st trade TP is hit, move 2nd trade SL to break even and let profit run Follow 2nd trade profit with SL
COINBASE:LTCUSDLong
by Tradingstrategyguides
2
XRPUSD 1D/1H DMI TRADING STRATEGYDMI & RSI were developed by Welles Wilder DMI has a 0 to 100 range DMI determines price direction and trend strength ADX line is non-directional. Determines trend strength regardless of trend direction When ADX is upward trend is strong. Doesn't matter if trend is up or down DMI + measures strength of an upward bullish move DMI - measures strength of a downward bearish move When Price goes up DMI + is above DMI - When price goes down DMI - is above DMI + We use DMI + or _ to gauge direction WE use ADX to measure strength of trend When - is above + bearish downward trend When ADX is climbing up the trend strength is increasing DMI Strategy Rules - manually make a 20 and 40 horizontal line in DMI Day Chart Step 1 Determine dominant trend of the day - which DMI is on top - wait for ADX to cross below/above 20 level 1H Chart Confirm which DMI on top matches days trend ENTER when ADX closes below/above 20 level SL below/above last swing low/high TP exit when ADX crosses below/above 40 level
BITSTAMP:XRPUSDLong
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DISNEY 1D IN A CONTINUATION TRIANGLE PATTERNDisney Investment has been fading Aladdin Live Action Opening Weekend was $100 Million Disney has a library full of animated films we all have watched Potential to convert them to live action is great Increased investment interest may be coming Price has been consolidating Continuation Triangle Pattern has be created which has a bullish bias Volume, ATR & Volatility have been dropping from consolidation Wait for a candle close on the triangle trendline bullish breakout Wait for an increased volume bar Volume bar reaches average atr line then trade 100% If volume bar only reaches 75% then trade 50% Open 2 trades Both SL is 1.5 of ATR of entry candle 1st trade TP is 1xATR of entry candle 2nd trade no TP - when 1st TP hit move this SL to Break Even let profit run 2nd trade - move stop loss to follow trade
NYSE:DISLong
by Tradingstrategyguides
1
WATCH FOR THE SILVER LINING IN THE CHNA-US TRADE WARCNN Business - The World is on a brink of a Trade War US impose tariffs on $50 Billion worth of Chinese Exports Chinese quickly outlined new import taxes on US Products worth $3 Billion Result is a drop in the Dollar Index Benefit of this is when Dollar drops precious metal pop Gold broke bullish out of descending wedge but too late to enter Silver has given us a candle close above this descending channel with increased volume Traders were bored with this descending channel chart pattern with decreasing volume bars Decreased ATR from smaller sized candle bars dropped volatility Trade War news brought bullish momentum to have a breakout candle close above channel trendline XAGUSD BUY STOP @ 14.77 Enter two orders Both SL at 1.5xATR 1st Trade TP 1xATR 2nd Trade no TP When 1st trade hits its TP move 2nd trades SL to breakeven Follow Price on 2nd trade with SL to let profits run
FX:XAUUSDLong
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BTCUSD 1D IS IN A CONTINUATION TRIANGLE PATTERNFollow the highlights listed on the chart This is a Bank Holiday weekend Volume & Volatility are dropping Candle bar size is shrinking reducing ATR All of this is causing price to consolidate Price created a continuation triangle chart pattern which has a bullish bias Price failed to make a bullish breakout close Wait for a candle close on a triangle trendline breakout either direction Watch volume to confirm momentum
COINBASE:BTCUSD
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1H GBPJPY FX PULSE BAR INDICATOR STRATEGYFX Pulse Bar Indicator Strategy is when the pulse bars cross over 0 line This shows a bullish move The pulse bars were a dark red and above the 0 line they change to a bright green color But sometimes the bullish move fails and does not cross over 0 line This shows us a new bearish move that has increased volume and momentum The Pulse bars change from a dark red color to now a new bright red color Exit Sell trade when a new dark red pulse bar closes
Short
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