Get started

Tradingstrategyguides

SPDR S&P 500 15M ETF DAY TRADING STRATEGYWe’re going to talk how ETF trading strategies can help you grow a small account quickly. ETFs are versatile financial instruments that are suitable for every trading style from day trading ETF to swing trading ETF. ETF exchange traded funds are financial instruments designed to follow the price of a specific basket of assets and are traded on the US stock exchanges. ETF trading works exactly like stock trading. For example, the SPDR S&P500 ETF (SPY) is tracking the S&P500 index. Day trading is among the best ETF trading strategies because this environment is characterized by high volatility. the best ETF to day trade SPDR S&P 500 (SPY) Gold Miners ETF (GDX) ProShares VIX Short-Term Futures ETF ProShares Ultra VIX Short-Term Futures ETF (UVXY) iShares MSCI Emerging Markets ETF (EEM) Step #1: Apply the 50 – period Moving Average on the 15-Minute Chart The 50 – period moving average is one of the most popular indicators in stock trading. The 50 MA is a psychological level that many professional traders and investors use to gauge the market sentiment. Because many traders use the 50 moving average it has more relevance to the price action. This is the reason why we use the 50 MA in combination with the opening trading range. Step #2: Only Enter Trades after 10:00 AM ET We like to focus on the opening trading range when day trading ETFs. The morning session is when the smart money usually steps in the market and subsequently the most volume happens during the morning session. By focusing only on the morning session we avoid being glued to the chart all day long and only trade alongside the institutional money. The regular trading hours for the SPDR S&P 500 trust starts at 9:30 AM ET. But, we like the first 30 minutes after the open, to wait and see what the smart money are doing. Successful day trading leveraged ETFs is all about taking those opportunities during the most volatile time of the trading day. Step #3: Price Needs to Hold Below 50-MA and to Open in the Lower Part of the Previous 5 Day Trading Range After we analyze how the market plays out during the first 30 minutes of the opening session, we look for the price to hold below the key 50 moving average. Secondly, the SPDR S&P 500 ETF also needs to open in the lower part of the previous 5 day trading range. Simply mark on your chart the previous 5 trading days and the lowest price of that trading range. If, on the six day we open near the lowest price and we hold below 50 MA we’re good to sell SPY. Step #4: Hide SL $0.25 above the 50 Moving Average With this mechanical day trading strategy we place our stop loss $0.25 above the 50 moving average. If after the open SPY breaks above the 50 MA it signals that the bears are very weak. We found this technical reading to be very significant for day trading. Step #5: Take Profit if SPY Declines $1.00 This trade setup is based on our experience that if all the above conditions are satisfied, then there is a very high probability for the SPY ETF to fall at least $1. If your profit target is not reached by 4:00 PM ET close the trade manually. Note** the above was an example of a SELL trade. Use the same rules for a BUT trade – but in reverse. Day trading ETFs provides simple investment opportunities and have a lower operating cost than most of the other financial vehicles. Don’t underestimate the power of trading leveraged ETFs if you want to take advantage of the intraday volatility.
AMEX:SPYShort
by Tradingstrategyguides
USDJPY 4H TRADESPrice has crossed above the 50 sma Price can return to the 50 sma and then Long Trade Price can bounce bullish and return to the 100 sma Watch for Macd to cross above the Red signal line Take Profit will be the 100 sma area Buy Limit 2 112.31 Buy Take Profit can be 30 pips or 100 sma area or 112.85 Short Trade Price can break below the 50 sma Macd is falling Mac below Red signal line Watch Macd to cross below red zero line I have a bearish bias short trade Once price breaks below fractal low could start a new bearish trend for 100 pips
by Tradingstrategyguides
USDCAD TRIANGLE TRADES4H Triangle Pattern Price bounced off top of triangle heading down Price can bounce off bottom and retest previous high Or price can breakout triangle bottom Macd below 80 Stoch level and Red signal line 1H Chart Macd in strong upward pattern at 80 Stoch level Watch close of candle at end of hour 15m Chart Price bounced off triangle top Currently in a bullish pullback or continuation Price could fall to 20 sma and bounce long or breakout short If bearish watch for a Red SAR circle Find a SL
by Tradingstrategyguides
AUDUSD 1H PTICE ACTION PIN BAR STRATEGYStep 1: Find a Pin Bar On Your Chart *Note This is a stock price action strategy, and a forex price action strategy. I will use a currency pair as the example. Price action charts are with any market and timeframe. What you need to do first is identify a pin bar that has formed. Step 2: Look for Past Price Action to Determine Why The Pin Bar Formed. Why did the reversal suddenly hit a price and then continue back to the upside? Let’s zoom out a bit on this one hour chart and see if we can see anything that tells you what happened. Note** you can either look at the current time frame you are on( in this case 1-hour time period) or bump up one or two periods to gather information. This is what Price Action is all about. No two trades will be the same. However, we can take what we have learned from the past and make the best judgment as to where the price may be headed in the future. You are essentially like a detective when you trade price action. The point is to gather many pieces of evidence to back up your conclusion. You are trading with confluence. Sometimes simple is best. Study the charts and form an educated conclusion as to what happened and where the price will go. Step 3: Trade entry You just enter the trade 2-3 pips from the break of the nose of the pin bar. Step 4: Stop loss Place the stop loss 3-5 pips away from the wick. The end of the wick will be a support area. So if this is broken the trend may continue downward. Which is why you place your stop 3-5 pips away from this. Step 5: Exit Strategy Your exit strategy will be when you hit the first level of support or resistance on your chart. Price will hit a point and stall out. Once we see the price action stalling out, we exit the trade immediately.
Short
by Tradingstrategyguides
2
CADJPY 15M MFI DAY TRADING STRATEGY WORKS ON FOREXThis is a great Day trading strategy What ever session you trade this will work Best on 5m charts but all TF work Rule 1 - add MFI to chart and change these settings - Length 3 / Levels 0/100 Rule 2 - I like to add the 50 ema to determine what direction I want to trade Rule 3 - Wait for MFI to hit the 100 level twice if bullish bias trade Rule 4 - Buy when MFI hits 100 3rd time and there is a green candle close also Rule 5 - SL nearest fractal low Rule 6 - you determine TP strategy
Long
by Tradingstrategyguides
BTCUSD 15M DAY TRADING CRYPTOCURRENCY TRADING STRATEGYStep #1: Apply the Money Flow Index Indicator on the 5-minute Chart This specific day trading strategy uses one simple technical indicator, namely the Money Flow Index. We use this indicator to track the activity of the smart money and to gauge when the institutions are buying and selling cryptocurrencies. The preferred settings for the MFI indicator is 3 periods. We’re also going to alter the default buying and selling levels from 80 to 100 and respectively from 20 to 0. Step #2: Wait for the Money Flow Index to reach the 100 level An MFI reading of 100 shows the presence of the big sharks stepping into the markets. When buying, smart money can’t hide their footsteps. They inevitably leave tracks of their activity in the market and we can read that activity through the MFI indicator. Technical indicators aren’t always right, so in order to fine-tune our day trading strategy we’ve added a few more conditions. Namely, during the current day, we need to skip the first two MFI readings of 100 and study the crypto price reaction. The price needs to hold up during the first and second 100 MFI reading. If the price drops after the first two MFI 100 readings, then this suggests that most likely we’re going to have a down day. Step #3: Buy if MFI = 100 and if the subsequent candle is bullish We can now wait for the third MFI reading above 100. It doesn’t necessarily have to be the third MFI = 100 reading, you can take every other MFI = 100 readings. If your time doesn’t allow you to catch the third 100 reading on the MFI indicator, you can simply pick the next one as long as all the other technical conditions are satisfied. Next, we also need the candlestick when we got the MFI = 100 reading to be a bullish candle. The close of this candle needs to be near the upper end, giving us a candle with very small wicks. Step #4: Hide your protective Stop Loss below the low of the day. The obvious place to hide your protective stop loss is below the low of the day. A break below it will signal a shift in the market sentiment, and it’s best to get out of the trade. This can also signal a reversal day. Step #5: You pick TP strategy or use 5m chart to use this trading strategy and Take Profit during the first 60 minutes after you opened the trade. We’re more flexible when it comes to our exit strategy. However, the only rule you need to abide by being to take profits during the first 60 minutes or the first hour after your trade got triggered. Holding the trade longer than one hour will result in a lower success rate. At least that’s what our backtested results showed us. Just reverse for short trade.
BITFINEX:BTCUSDLong
by Tradingstrategyguides