Trendfollowing
Mastering Market Trends: An Introduction to Heikin Ashi CandlesHeikin Ashi candles, originating from Japan, are a distinct type of candlestick chart used in technical analysis to identify market trends. The term "Heikin Ashi" translates to "average bar" in Japanese, which reflects their method of calculation
This video explains Heikin Ashi candles and how they can be used to improve entrances and exits.
Natural Gas Major Trend Reversal SetupToday we use our TrendCloud Reversal signals to set up a beautiful trade on Natural Gas and also take a Trend Following trade on Platinum.
If you want to trade the same type of setups then feel free to click the link in my profile and take advantage of this working trade plan that is making money in 2024.
Enjoy!
Chris Juliano
How to short SilverSilver popped up on our TrendCloud Scanning System and started showing us a short signal.
TrendCloud signals started forming and are still working out nicely.
Trend and momentum are both down across multiple timeframes and heading toward the first ADR checkpoint.
If you would like to become consistently profitable so you can move out of the simulator and into a live trading account then click the link in my profile and check out what TrendCloud can do for you.
Chris Juliano
TrendCloud
GOLD Trade using TrendCloud4 hour chart: Trend and momentum are up. Clearly represented by your TrendCloud.
1hour chart: Trend and momentum are up as well. and clearly defined by TrendCloud.
5 min chart: producing TrendCloud signals that got us into the trade for the big win.
Check out the link in my Bio for more details on how you can start trading with the TrendCloud Trading System.
HOW TO: Trade with TrendDECODER🥇 Best indicator on ProRealTime MarketPlace - Now available on TradingView
✔️ Identify ranges and the next probable moves
✔️ Get the earliest signals and the strength of Trends
✔️ Get clear exits before reversal
✔️ Spot the Fibo levels the price will test
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Trading is Timing !
Stop being too early or too late trading the Trend or getting stuck in a Range.
📌 What is it about ?
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The TrendDECODER is a concentrate of multiple innovations to make Trend following simple and easy .
👉 With the GreyBox© - identify when the market gets out of the Trend with a new sequence of transition. Check if the market is in Range, Continuation or Reversal (Up or Down) and wait for the closing of the box to get the Trend signal.
👉 With the DecoderSignals© & Blue /Orange Clouds© - once the GreyBox has delivered its message, get the new direction of the Trend and see the probable zones of pull backs during the current direction.
👉 With the Projective TrendLine© - see before it happens the direction and the possible angle of the Trend with its probable range.
👉 With the RealTime TrendLine© vs the Projective TrendLine© - adjust immediately if the market accelerates North or South.
👉 With the RealTime TrendLine Crossing© - detect at the earliest the moment the Trend gets out of track, to get out of the train.
👉 With the FiboLevels© - spot immediately which price levels the market will test.
📌 For which asset?
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TrendDECODER works fine on all assets and all time-frames;
🎓 always work on a multi-timeframe environment to minimize risk;
📌 Why we made these innovations?
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Because the trend indicators that we know lag a lot and do not clearly identify ranges!
We need much more powerful tools than Supertrend or a couple of moving averages crossings to get this done.
📌 How to trade with TrendDECODER?
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🔹 Strategy #1: Trend Following : DecoderSignals© & Blue/Orange Clouds©
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The GreyBOX has given the next probable movement and the Signal of a Trend in on.
The RealTime TrendLine guides us on the pace of this movement and the Blue/ Orange/Cloud figures the support/resistance of this movement.
It will be wise not to jump immediately in the Trend as the signal appears as the price will very probably make a pullback in direction of the cloud first.
Strategy #1: Checklist
📍 Set a Multi Time Frame environment
📍 Check that the Main Time Frame and the Upper Time Frame are moving in the same direction (Up or Down)
📍 In the Main Time Frame: check the appearance of the « TrendUp Signal » or the « TrendDown Signal »
📍 Entry: buying « at Market » immediately on a « Trend Signal » is quite risky as many times the price will pull back near the Clouds
> a good option is to buy 1/2 the position at market on signal
> and 1/2 after the first pull back
📍 First Stop Loss: place your SL under the lower border of the GreyBox for an expected TrendUp or the higher border for an expected TrendDown
📍 BreakEven: when the price reaches your Risk/Reward ratio of 1 = Distance StopLoss vs Entry = Distance Current Price vs Entry
📍 Trailing Stop: just under the lowest border of the Blue Cloud (TrendUp) or the highest border of the Orange Cloud (TrendDown)
📍 TakeProfits: in a TrendUP, place your take profits just under the FibosLevels in order not to get exited (and above in a TrendDOWN)
📍 Exits:
> Early option : Crossing of the RealTime TrendLine
> Late option : Crossing of the Blue/Orange cloud
🔹 Strategy #2: Early Trend following : RealTime TrendLine Crossing©
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With this simple tool, get a very early signal of a probable inversion of the current Trend, way before the Decoder Signal is shown, once confirmed by the GreyBox.
Strategy #2: Checklist
📍 Set a Multi Time Frame environment
📍 Check that the Main Time Frame and the Upper Time Frame are moving in the same direction (Up or Down)
📍 Entry (Main Time Frame): wait for the Close crossing over the ReaTime TrendLine in an expected TrendUp (under for a TrendDown )
📍 First Stop Loss (Main Time Frame):
> place your SL under the lower low of the GreyBox (for an expected TrendUp) or the higher high (for an expected TrendDown)
📍 BreakEven: move your SL to Entry price when the price reaches your Risk/Reward ratio of 1 = Distance StopLoss vs Entry = Distance Current Price vs Entry
📍 Trailing Stop: just under the lowest border of the Blue Cloud (TrendUp) or the highest border of the Orange Cloud (TrendDown)
📍 TakeProfits: in a TrendUP, place your take profits just under the FibosLevels in order not to get exited (and above in a TrendDOWN)
📍 Exits:
> Early option : Crossing of the RealTime TrendLine
> Late option : Crossing of the Blue/Orange cloud
📌 Configuration
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Well, basically you do not have to do anything !
But you can make TrendDECODER perfectly yours with a few switches in the configuration panel to make appear or disappear each one of the elements composing TrendDECODER.
EURAUD New rising trend line + 200 PipsWelcome back! Let me know your thoughts in the comments!
**EURAUD - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
Brian & Kenya Horton, BK Forex Academy
AUDCAD I Your Next Scalp, Intraday, and Swing MoveWelcome back! Let me know your thoughts in the comments!
**AUDCAD - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
Brian & Kenya Horton, BK Forex Academy
AUDUSD Prediction Ahead of NFP Report Welcome back! Let me know your thoughts in the comments!
**AUDUSD - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
Brian & Kenya Horton, BK Forex Academy
EURCHF 4 Hr. Intraday Short Set Up!Welcome back! Let me know your thoughts in the comments!
**EURCHF - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
Brian & Kenya Horton, BK Forex Academy
EURUSD BEST place to short! Welcome back! Let me know your thoughts in the comments!
**EURUSD - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
Brian & Kenya Horton, BK Forex Academy
NZDCAD Correction to 50% FIB then SHORT!Welcome back! Let me know your thoughts in the comments!
**NZDCAD - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
Brian & Kenya Horton, BK Forex Academy
ANZ.ASX - FUNCHARTS - Countertrend Trading with a Trend FilterNote: Funcharts are interesting charts I have found that offer a potentially unique perspective on a stock. Sometimes I’ll throw something out there that you might find controversial or wrong headed. If that’s the case your 2 cents worth is most welcome.
ANZ, one of the big four banks listed on the Australian Stock Exchange is a pretty tricky stock to trade, conforming more to a six month cycle between dividend and earnings dates. However from a purely technical standpoint, on a medium term basis there are opportunities to trade in line with a longer term trend, and on a short term basis to enter the stock on very short term pull backs.
In this analysis we looked at the Supertrend Strategy using a 50 period length with a 6xATR Factor to capture longer term trends and then looked at buying short term dips and selling short term rallies.
In the longer term timeframe this worked quite well with ANZ making good money based on the Performance Summary but entries and exits are few and far between with this approach. Bringing the time frame back to a swing trading standpoint, the best results came from using the Supertrend STRATEGY in a countertrend way, buying dips and selling rallies using just a 3 period ATR Length with a 1 period factor, giving plenty of trades. Filtering the short term system with the longer term trend also resulted in more frequent winning trades so trading countertrend in the very short term with a longer term trend filter worked nicely.
The catch is when you get a longer term trend change without a resulting rally to exit on the countertrend system, which can at times result in very large losses, like during Covid. It is for this reason a stop loss should be set, even when trading countertrend to prevent large losses on a stock that does often trend. Using the blue trailing stop line is a common sense area to position a stop loss as insurance against a big fall.
Shorting US30 - using pullback strategy in TMA indicator The major trend is Downside in US30
So we are waiting for price to come to the top bands in M15 chart
(30400 can be zone to SELL the US30)
Good example of trading based on pullback strategy with TMA Reversal Channel Indicator.
AUDCHF I retracement and more decline!Welcome back! Here's an analysis of this pair!
**AUDCHF - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
Brian & Kenya Horton, BK Forex Academy
ATR and RSI in price actionI explain in this video how I view the relationship between ATR and RSI in true trend following situations. This is not about trend continuation or harmonics.
This is on the India50 - a 2H time frame. But always one has to look higher to understand the risk and rebellions that may be ahead.
Trading is not about investing. It is primarily about exploiting parts of trends. So you're in and out of the markets, to catch a slice of some trend.
There are bound to be losses. You absolutely cannot make profits without suffering losses.
The business of minimising losses and maximising winning positions - in trend following - has no strict formula. It is about experience in the markets. And each market/instrument has its own personality.
For tend followers taking some or all profits in a deep RSI trench is a good thing. The ATR can show important trend switches.
There are trading platforms that can be programmed to follow the ATR (or any other indicator), in trend following. (House rules do not permit me to mention here). On such platforms one can program a trade to close if price is above or below a certain figure on the RSI.
Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which have a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.