OMNIUSD 1H GANN BOX STRATEGYStep #1: Always draw the Gann Box from the low to the high of the previous day, for bullish candles. And from high to the low for bearish candles.
The Gann Box indicator can be found on the most popular trading platforms (MT4 and TradingView). This is different than the Gann Squares which requires the relationship between time and price to be 1:1.
On the vertical axis, the Gann box has the Fibonacci retracement levels, while on the horizontal axis; we have the Gann time zones based on the Fibonacci sequence.
The power of WD Gann’s time cycles is well-known among Gann trading community.
Since we have integrated the time into our trading strategies, we have been able to improve the overall performance of our trading systems. What makes the Gann’s time cycle so powerful is the combining of the cycles which is represented quite well by the Gann Box.
Step #2: Stretch the Gann Box to the right until the 0.382 time cycle aligns with the end of the previous day.
We try to align the 0.382 time cycle with the end of the day price. You can do this by simply pulling the right side of the Gann Box and stretch it to the right until the 0.382 time cycle aligns with the end of the previous day.
Traders are only taught to focus on price, but the problem is that not many people talk about the time axis. From a practical point of view, you get stopped out on most of your trades because your timing might be wrong.
Time is just as important as price!
Step #3: Wait until the price trades between 0.618 and 0.75 time cycles.
The 1.618, or its inverse 0.618, known as the golden ratio, or Phi is considered to be the most important number in mathematics. This is one of the most important and valuable number that can be used to forecast turning market points accurately.
We only want to buy when the price is trading between 0.618 and 0.75, which is our time of action.
This trading rule only works if you correctly draw the Gann Box otherwise, you might encounter a different kind of results.
Step #4: Trading Cryptocurrency OMNI: Sell when OMNI coin price breaks below the 0.382 price cycle.
You can get on board with minimum risk, and you can ride the bearish momentum as far as it goes. You can time your entry with very high precision when you use the confluence of time and price.
Gann considered the time-price relationship as the fourth dimension.
The right time to enter the market is when the OMNI coin price breaks below the 0.382 price cycle (vertical axis).
Note: If by the time we’re trading between 0.618 and 0.75 the OMNI coin price is already trading above the 0.382 price cycle then you should not take any position
The cycles expand and contract and they are not consistent, which means that some days will be no trade signals.
Step #5: Place your initial protective Stop Loss above the previous day high, or current day’s high. Close the trade if after 0.75 time cycle we trade above 0.25 price cycle.
Where to place your stop loss order is as important as where you get into a trade.
Every trader and his dog have their own opinion about where to hide your stop loss. However, a solid technique is to use the market levels that will prove your trade idea wrong, which is what we’ve done here.
A more advanced stop loss technique is to use a time stop and close the trade if after 0.75 time cycle we’re trading above the 0.25 price cycle. The thing is that you’ll have to raise your initial stop loss above the 0.25 price level in order to better protect your trade.
We recommend doing more research on this matter and seeing how this can fit into your crypto trading toolbox.
Step #6: Take Profit should be 2-3 times larger than your Stop Loss
A good cryptocurrency strategy will always give you a good risk to reward ratio. You don’t necessarily need to hit home runs to grow your cryptocurrency account. You can simply concentrate on getting base hits to grow your cryptocurrency portfolio.
Take profit once you manage to bank two or three times more than your initial SL
Tradingstrategyguides
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.
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.
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.
US DOLLAR INDEX BEARISH DROPThe US Dollar Index 0.16% is showing significant price rejection on the weekly chart at a prior established resistance level . This suggests the US Dollar 0.16% could be in for weakness - baring any unusual news.
Suggested trade - Find a USD pair showing this pattern on the weekly chart (there may be several.) Drill down to the daily or even the 4 hour to find a good short trade signal (use the strategy of your choice.)
USDJPY Weekly has a similar as US Dollar weekly
USDJPY 1H bullish trend line breakout short
Watch Dollar index on 1H and 4H to follow direction on USDJPY
ETHUSD 4H WILLIAMS %R MOMENTUM STRATEGY SHORTStep #1: Define the Trend. An Downtrend is defined by a Series of LH Followed by
a Series of LL.
The definition of an downtrend is pretty much standard. In an downtrend, we look for a series of
lower highs followed by a series of lower lows. Two LH followed by at least another two LL is
enough to define an downtrend.
A lower high is simply a swing high point that is lower than the previous swing low. While a
lower low is simply a swing low that is lower than the previous swing low.
We all know that the trend is our friend, but without momentum behind the trend, we might
actually not have any trend.
In order to gauge momentum besides reading the best forex momentum indicator we also look
at the actual price action.
Step #2: In an Downtrend Look for Bold Candlesticks that Close Near the Lower
End of the Candlestick
A common concept in technical analysis is that you want to use multiple confirmation signs
when buying and selling. This will increase the likelihood that’s a high probability trading setup.
In this regard, the momentum trading strategy besides using the best Forex momentum
indicator also incorporates the price action.
A practical way to read momentum from a price chart is to simply look at the candlestick length.
What we want to see in an downtrend is big, bold bearish candlesticks that close near the lower
end of the candlestick.
Step #3: Wait for the best Forex Momentum Indicator to get overbought (above
-20) and then rallies below the -50 level before Selling.
We’re going to use Williams %R, the best forex momentum indicator in a smart way. In an
downtrend, we sell after the best forex momentum indicator has reached overbought conditions
(above -20) and then rallied back below the -50 level.
Now, we have confirmation from both the price and the best forex momentum indicator that real
momentum is behind this trend and the probabilities are in favor of more downside prices from
here on.
Note* If the best forex momentum indicator continually stays in oversold territory (above
-80 level) it signals a strong momentum and conversely a strong trend. Inversely the same is
true in a uptrend.
Step #4: Place Your Protective Stop Loss above the Recent Higher High
We want to hide our protective stop loss above the most recent higher high level that formed
right before the best momentum trading strategy issue the sell signal.
Alternatively, you can also trail your stop loss above each most recent higher high. This strategy
will allow you to lock-in the potential profits in case of a sudden market reversal.
Step #5: Your choice how to Take Profit or Tke Profit once we break below the Previous Lower Low
A trend in motion can stay in that state longer than anyone can anticipate and since we want to
maximize our potential profits we let the market tips it hands before liquidating our trades. In
this regard, we look for a break in the trend structure respectively a break above the most recent
lower low.
Alternatively, you can take profit once the best forex momentum indicator breaks above the -50
level.
Note** The above was an example of a BUY trade using the Best Momentum Trading Strategy.
Use the same rules for a SELL trade. In the figure below you can see an actual SELL trade
example.
LTCUSD 2H EMA LONG STRATEGYStep #1: Plot on your chart the 20 and 50 EMA
The first step is to properly set up our charts with the right exponential moving averages so we
could be able to identify the EMA cross at the later stage. The exponential moving average
strategy uses the 20 and 50 periods EMA.
Most standard trading platform come with default moving average indicators so it should not be
a problem to locate the EMA either on your MT4 platform or Tradingview.
Step #2: Wait for the price to trade above the 20 and 50 EMA and wait for the
EMA crossover
The second rule of the exponential moving average strategy is the need for the price to trade
above both 20 and 50 exponential moving averages and secondly, we need to wait for the EMA
crossover which will add more weight to the bullish case.
We refer to the EMA crossover for a buy trade when the 50-EMA crosses above the 50-EMA.
By looking at the EMA crossover we create an automatic buy and sell signals.
However, since the market is prone to do a lot of false breakouts we at Trading Strategy Guides
need more evidence than just a simple EMA crossover. At this stage, we don’t know if the
bullish sentiment is strong to push the price further after we buy so we can make a profit.
To avoid the false breakout we added a new confluence to support our view which brings us to
the next step of the exponential moving average strategy.
Step #3: Wait for the zone between 20 and 50 EMA to be tested at least twice,
then look for buying opportunities.
The conviction behind the exponential moving average strategy relies on multiple factors to
confirm a new trading idea. After the EMA crossover happened, we again need to exercise a
little bit more patience and wait for two successive and successful retests of the zone between
the 20 and 50 exponential moving averages.
The two successful retest of the zone between 20 and 50 EMA gives the market enough time to
actually develop a trend.
Never forget that in trading no price is too high to buy, and no price is too low to sell.
Note* When we refer to the “zone between 20 and 50EMA” we actually don’t mean that the
price needs to trade in the space between the two moving averages. We just wanted to cover
the whole price spectrum between the 2 EMAs because the price often times will only briefly
touch the shorter moving average (20-EMA) which is still a successful retest.
Step #4: Buy at the market when we retest the zone between 20 and 50 EMA.
If the price successfully retests the zone between 20 and 50 EMA for the third time we go ahead
and buy at the market price. We now have enough evidence that the bullish momentum is
strong to continue pushing this market higher.
Step #5: Place the protective Stop Los 20 pips below the 50 EMA
After the EMA crossover happened and after we had two successive retests we now know the
trend is up and as long as we trade above both exponential moving averages the trend remains
intact.
In this regard, we place our protective stop loss 20 pips below the 50 EMA. We added a buffer of
20 pips because we understand we’re not living in a perfect world and the market is prone to do
false breakouts.
Step #6: Take Profit of your choosing or once we break and close below the 50-EMA
In this particular case, we don’t want to use the same exit technique as our entry technique
which was based on the EMA crossover.
If we would be waiting for the EMA crossover to happen on the other side then probably we
would have given back some of the potential profits because we still need to consider the fact
that the exponential moving averages are still a lagging indicator.
Note** The above was an example of a BUY trade… Use the same rules – but in reverse – for a
SELL trade. However, because the market goes down much faster, we sell on the 1st retest of
the zone between 20 and 50 exponential moving averages after the EMA crossover happened.
Were Are Here | Now What BITCOIN?Hi guys,
Bitcoin continues on its downward trend, can we all agree on that?
If you ask the community right now it is almost a 50/50 split what people think. "BItcoin to the MOON".... "BItcoin is DEAD"
So here is a simple Monthly chart just giving you a perspective of where Bitcoin is right now since its ridiculous spike in December.
Take care and stay safe out there.
-TSG
Zcoin (XZC) Cryptocurrency Strategy – 3L-R Trade PatternZcoin XZC 30m
The 3L-R reversal is a four-bar pattern and it means three lows (3L) followed by a reversal (R).
The main characteristics of this reversal chart pattern are the three consecutive lower low candles. The high price of these three particular candles doesn’t matter; the only thing that matter is that each low is lower than the prior low.
The fourth bar of the reversal chart pattern needs to have the high bigger than the highest high of the previous 3 candles. We’re not concerned about the low of the last bar.
Step #1: Identify Three Consecutive Lower Low Candles
The first component of this reversal pattern is the three consecutive lower low candles. At this point we’re not concerned about the highs of the three candles.
However, you’ll notice that most of the time each consecutive high is also lower than the previous high.
What is great about the Zcoin (XZC) cryptocurrency strategy is the fact that it’s designed to catch market reversals right at the moment they occur.
Step #2: The fourth candle breaks above the first bar high in the reversal pattern
The immediate candle after the three lower lows needs to be a bullish candle and secondly it needs to break above the first bar high in the pattern.
Normally, the highest high of the first three bars is made by the first bar, however, in the event that this is not the highest high we need to wait until the fourth candle breaks above the highest high of the previous 3 candles.
Note* It’s important that the 4th candle breaks above the first candle high, not the 5th or the 6th because that will invalidate the reversal pattern. We need to be very precise when trading reversal patterns like the 3L-R pattern.
Even though we said that we’re not concerned with the low of the fourth bar, it does matter if the low is higher than the third bar’s low. Through our backtesating results we have found out that this yields better trading performance.
Step #3: How to buy Zcoin: Buy if the fourth candle closes above the last three candles highest high
Before we pull the trigger and buy cryptocurrency Zcoin we need for the fourth candle to also close above the first candle high or above the last three candle highest high point, whichever that might be.
Now is the time to convert this reversal setup into profit and buy Zcoin when the fourth candle closes above the last three candles highest high.
Step #4: Place your protective Stop Loss below the 3L-R pattern low
Trading reversals have lots of benefits and among other things it offers us the possibility to really use a very tight stop loss. If the trade doesn’t work the market will tell you very quickly and it will produce only very little damage to your account balances.
Like with any reversal pattern, if you want to keep the stop very tight you need to place your protective SL below the reversal pattern aka below the 3L-R pattern low.
Step #5: Take profit should be at least two times bigger than your Stop Loss
If you trade this reversal pattern on intraday charts, it’s best to simply take profit once the Zcoin price will give you a return that is two times more than your stop loss. In other words, you have a risk to reward ratio of 1:2.
Alternatively, if you use higher time frames the exit strategy should be based on a trailing stop.
Note** the above was an example of a BUY trade using the best Zcoin XZC cryptocurrency strategy. Use the same rules for a SELL trade – but in reverse.
PM me if you would like to read the complete strategy.