ENGINERSIN giving a good BreakoutEngineers India Ltd. engages in providing engineering, technical, and consultancy services. The firm operates through the following segments: Consultancy & Engineering Projects and Turnkey Projects. The company was founded on March 15, 1965 and is headquartered in New Delhi, India.
Stop-Loss: 268
Target: 350
Consider exiting half your position after a 10-12% gain and hold the rest to capture the trend.
Disclaimer: This information is for educational purposes only and should not be construed as financial advice. Always conduct your own research or consult with a professional advisor before making any investment decisions.
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.
TFEX S50 Swing ShortTFEX S50 Swing Short
Still keeping perspective in all my Trend
Primary, Secondary, Minor : Down Trend
This swing cycle saw another short position order at the Island Gap Reversals and Follow Sell when the price jumped down the next day.
Short only strategy with a price target of 770 along the Standard Deviation of the Volume Profile that forms a Normal Distribution shape.
XAUUSD Swing TrendXAUUSD Swing Trend
Down Trend in my 3 Trends Analysis
Open a Sell position when the price reaches the FVG zone and make a Reversal Pattern which is close to the Cancel Minor Trend line which is a short Stop Loss point and is also a significant line from the POC of Volume Normal Distribution above.
Still looking down And the downward momentum will look better when the price drops below 2280.
The target is to drop in the area of 2200 - 2150 which is the lower support zone.
Things to be careful about: Time Cycle, the latest low was exactly 21 days, so this set of downtrends should break the Low to head down for 34 days, according to the Fibonacci proportion.
Trade with faith in your beliefs and follow your own plan.
C.Goii SuperTrader
Up-trend stocks: ROBINHOODUp-trend stocks, Break accumulated Phase, Market Structure Shift and Break Market Structure.
Volume Profile shows accumulation as Normal Distribution.
When the price can break up, it is a Buy on breakout and Buy on dip point all the way by framing the trend line channel.
Story Support: Robinhood to acquire crypto exchange Bitstamp in $200M deal.
TFEX S50 FuturesTFEX S50 Futures
All Trend is Down in Primary, Secondary and Minor
Strategy 1: Wait for the price to rise to the resistance level (Supply Zone, POC of Volume and Regression Trend) then open Short Position.
Strategy 2: Divide Open Short Position and cut the losses short with Minor Trend
Target at Range Volatile 1 Month and 3 Month Low around 800 -790 point as last opinion.
XAU/USD Swing TrendXAU/USD Swing Trend
- Primary : Down Trend
- Secondary : Down Trend
- Minor : Down Trend
I think now It may be at the end of leg C of 4. and Finished 13 day of Down Trend Already.
However, Trade with the trend, when my Minor Trend looked up, I then waited for the price to adjust down to the EMA line and to the +1 SD line as well.
Therefore, the Buy Position has been opened. The target is to make a profit in the area of 2400, which is the Supply Zone. And place SL when the price breaks the POC of Volume below.
TFEX S50 FuturesTFEX S50 Futures looking down in all 3 Trend
Primary trends
Secondary trends
Minor Trends
At the moment it is at the -2SD support level of the Volume Normal distribution and POC of Regression Trend
Now Volume Profile of last Degree move down to the bottom that might bounce.
If looking down, wait for a bounce and then open a short at the POC resistance level or wait for a reversal at the upper edge.
If you look up and don't care about the trend, open Long at the support level, set Stop Loss at Low.
However, There is a target of going down in the Range Volatile month and 3rd month
At 800 it is still the first target.
Trade with faith in your beliefs and follow your own plan.
C.Goii SuperTrader
TFEX S50 : Swing TrendTFEX S50 : Swing Trend
Case Study : Entry short when the price moves up to the resistance level and makes a Reversal Pattern.
When the Minor Trend returns to Down Trend Bias, aligned with the Primary Trend, it is the entry point for a Short Position. So can take profit at the support Poc of Regression Trend Line.
From Inception to Present: Our Crypto Model's Trades to DateIntroduction
In this idea, we'll analyze the performance of our crypto trend model by breaking down each individual trade made since it went live on 27th July 2023 . We'll delve into key market events that occurred around these trades and the run-up gains or drawdown avoidance achieved by the model.
Trade Breakdown
Short Signal - July 27, 2023
Trade Outcome :
Date : July 27, 2023
Signal : Short📉
Market Context :
Event : In July 2023, Bitcoin faced a significant resistance around $30K, leading to a sharp rejection and subsequent price drop. This resistance level was critical, and the rejection marked the start of a downturn.
Performance : The short signal successfully captured the decline, gaining almost 15% at it's climax on just Bitcoin alone. The model's entry just before the major resistance test was well-timed.
Long Signal - September 19, 2023
Trade Outcome :
Date : September 19, 2023
Signal : Long📈
Market Context :
Event : By mid-September, Bitcoin found solid support around $25,000 after a volatile summer. This support level triggered a significant bounce, making it a prime entry point for a long position.
Performance : The long signal capitalized on the bounce from $25,000, leading to a max run-up of 80% as Bitcoin rallied. Holding positions on altcoins in confluence with this signal would have likely yielded at least twice of what was gained on Bitcoin.
Cash Signal - January 15, 2024
Trade Outcome :
Date : January 15, 2024
Signal : Cash💰
Market Context :
Event : Early January saw a recovery in Bitcoin prices driven by positive macroeconomic signals, such as slowing inflation. However, regulatory pressures and market volatility prompted caution. This pullback was also likely due to the Bitcoin ETFs Launch having a "sell the news" narrative.
Performance : The cash signal helped avoid drawdowns of up to -10.61% and even more on altcoins during a period of increased market uncertainty and regulatory challenges.
Long Signal - January 30, 2024
Trade Outcome :
Date : January 30, 2024
Signal : Long📈
Market Context :
Event :The approval of Bitcoin spot ETFs in January 2024 significantly boosted market sentiment. This approval was a pivotal event, sparking a bullish trend right after a small retracement.
Performance : The long signal leveraged the positive sentiment and regulatory clarity, benefiting from the ensuing price surge and experiencing a max run-up of almost 72% on Bitcoin.
Cash Signal - April 13, 2024
Trade Outcome :
Date : April 13, 2024
Signal : Cash💰
Market Context :
Event :April 2024 witnessed mixed signals with regulatory updates and market corrections. The Financial Stability Board's new regulatory framework added to the cautious market sentiment. And with added FUD coming from Iran's attacks on Israel, the prices of not just crypto but other assets such as stocks started to tumble.
Performance : The cash signal once again helped sidestep market turbulence, preserving gains from earlier trades, essentially avoiding up to -11.51% of drawdowns.
Long Signal - May 17, 2024
Trade Outcome :
Date : May 17, 2024
Signal : Long📈
Market Context :
Event :As of May 2024, the crypto market showed resilience with new institutional interest and advancements in blockchain technology. This renewed interest provided a solid foundation and confluence for a long position
Performance : As the signal came in just 3 days ago as of writing, we will update on the performance of this signal at a later date.
Conclusion
The crypto trend model demonstrated robust performance by effectively navigating through various market conditions and key events. Each and every trade has been overwhelmingly successful, and the model's signals is expected to continue capitalizing on gains and avoid major drawdowns in the future.
Stay tuned for more updates and detailed analyses on our crypto trend model's performance.
A weaker Australian Dollar vs US DollarThe Australian dollar appears reluctant to break above its resistance level, so we consider selling and targeting the support level below. We believe that the current market conditions suggest a bearish outlook for the Australian dollar, as it struggles to gain momentum above the resistance level. By selling at this point and targeting the support level below, we aim to capitalize on potential downward movement in the currency.
An upcoming "Sell the News" on Bittensor (TAO)?Bittensor ( BITGET:TAOUSDT ) was listed yesterday on Binance! A big wick marking a new ATH has been made, but beware, could this be a short-term "Sell the News"?
For the moment, Perfect Cloud (BPC) remains in the green, in an uptrend, but its cloud is starting to look thin. In fact, TAO has never retested its Vegas Daily (blue cloud) of the Trend Identifier (BTI) since the start of its uptrend. If the price really needs to breathe, this would be an interesting area to take a trend-following position.
EURUSD Bearish SetupWe observe a pronounced bearish signal on the EU Daily chart. The recent breach of the last higher low suggests an increase in bearish momentum, indicating a strengthening bearish trend. The supply zone has already been retested, setting the stage for a potential move towards a new lower low. A downtrend of 500 pips is anticipated in the near future.
Bitcoin holding support from trendline check. Likely 91k next!To my surprise Bitcoin beat the downtrend and has formed support on the previous resistance. This is a very good sign that bitcoin is looking for a move higher where the next target is 91k.
Highly suggest taking profits at 91k area and watching to see how it looks. Could move higher to 120k (max target for this cycle) or back to current support here at 69k.
SPY Price Projection: Mid-2025 TargetRevealing Market Trends: Logarithmic Regression Analysis Indicates Bullish Path for SPY
In the ever-evolving realm of financial analysis, the search for reliable predictions remains ongoing. Logarithmic scale regression analysis, coupled with potent indicators, has emerged as a promising tool for discerning trends, particularly regarding assets like the SPY.
This analysis delves into the utilization of logarithmic scale regression alongside two robust indicators, offering insights into the potential trajectory of the SPY's price movement. It's essential to note that the interpretations and predictions presented are based on my analysis alone and should not be construed as financial advice. As with any market analysis, uncertainties persist, and actual outcomes may diverge from projections.
Logarithmic scale regression accounts for the exponential nature of price movements, providing a nuanced perspective on long-term trends. When combined with indicators such as moving averages or momentum oscillators, the analysis gains depth, revealing not only the direction but also the strength of the trend.
After meticulous examination of historical data and the application of analytical tools, our analysis suggests a bullish trajectory for the SPY, with a projected price nearing 620 EUR by mid-2025. This projection implies a significant uptrend from the current date, with a potential increase of approximately 20% over the specified timeframe.
However, it's crucial to approach such forecasts with caution, recognizing the inherent risks associated with financial markets. While our analysis indicates a positive outlook, market conditions can change rapidly, leading to deviations from expected trends.
In summary, logarithmic scale regression analysis, supported by robust indicators, offers valuable insights into market trends and potential price movements. While our analysis suggests a bullish sentiment for the SPY, investors should conduct thorough research and seek professional advice before making investment decisions.
Disclaimer: The analysis provided is based on personal interpretation and should not be considered financial advice. Investing in financial markets carries risks, and actual outcomes may differ. Readers are encouraged to conduct their own research and consult with financial professionals before making investment decisions.
10 EMA strategy ^BEST TREND-FOLLOWING STRATEGY^Welcome! Today, I'm excited to share with you one of the most effective trend-following strategies that is adaptable to any timeframe and asset class ( OANDA:XAUUSD , NSE:NIFTY , FX:USDCHF ), boasting a remarkable risk/reward ratio of up to 1:10. Let's dive right in.
As mentioned, this strategy revolves around the Exponential Moving Average (EMA), specifically the 10-period EMA. For those unfamiliar, the EMA places greater emphasis on recent price data compared to a Simple Moving Average (SMA), providing a dynamic view of market trends.
When the price on your chart is above the 10 EMA, it signifies a bullish trend; conversely, when the 10 EMA is above the price, it indicates a bearish trend. Let's illustrate with an example:
Imagine a bullish trend with four consecutive green candles followed by a red candle. Our entry point occurs when this red candle, the trigger candle, fails to touch the 10 EMA. Subsequently, when a green candle crosses above the high of the trigger candle, we enter the trade. Setting our stop loss (SL) just below the EMA line beneath the trigger candle, we establish our take profit (TP) based on a risk/reward ratio, starting at 1:2 and potentially reaching an impressive 1:10.
Trailing the 10 EMA line allows us to stay in the trade longer, albeit experiencing initial stop-loss hits. However, perseverance reveals the strategy's efficacy over time.
Now, for short positions, such as during a downtrend characterized by three red candles followed by a green candle, our entry occurs when the low of the green candle is breached by the subsequent red candle. Setting the SL just above the EMA line above the trigger candle and TP based on the risk/reward ratio, we execute the trade.
For those interested in trailing stops, there are two options: firstly, trailing along the 10 EMA line; secondly, utilizing the Average True Range (ATR) for algorithmic trading enthusiasts.
With this strategy's flexibility and potential for significant returns, it offers traders a robust approach to navigating diverse market conditions.
***Here are 2 examples of Long & Short: Long position in BINANCE:SOLUSDT
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Short in FOREXCOM:EURCAD
It's crucial not only to grasp the concept of this strategy but also to put it into practice. 💼 Start by implementing it with small capital or utilize paper trading, which platforms like TradingView offer. 📝 Additionally, don't hesitate to experiment. For instance, try using an 11-period EMA and assess its effectiveness. You might find that it better suits your trading style and objectives. 🧪💡 Remember, trading is a journey of discovery! 🚀 Don't be afraid to explore new strategies and techniques along the way.
🌟 Like (boost), follow, comment, and share this strategy to spread the knowledge and empower fellow traders! 📈🚀👍
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SOLANA: Approach to important support areaHi everyone!
Solana's main trend is up in the long term. After completing the bullish structure in the $265 area, SOL triggered an important corrective structure which correctly reached the first support area around 8.50. That said, a consolidation is possible in short term but from a technical point of view, it should be interpreted as an opportunity to take a long position.
NB: Analysis shown is on a logarithmic scale. Trade with care....
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How to Trade Trends the Right WayHow to Trade Trends: A Comprehensive Guide
Trend trading is a fundamental strategy for many traders, offering the potential for significant profits if executed correctly. However, mastering trend trading requires more than just following a single indicator. In this guide, we'll explore the intricacies of trend trading and how you can enhance your strategy for better results.
1. Utilize Multiple Indicators
Relying on a single indicator to gauge market trends is like trying to understand a story by reading only one page. To get a comprehensive view of the market's direction, you should use multiple indicators. This approach can help you confirm trends and avoid false signals. Some popular indicators include moving averages, MACD (Moving Average Convergence Divergence), and RSI (Relative Strength Index). By analyzing these indicators together, you can get a clearer picture of the market's momentum and make more informed decisions.
2. Infinite Nature of Trends
One of the most important concepts in trend trading is understanding that trends, by nature, are infinite until a clear trend change is identified. This understanding shifts the focus from setting arbitrary take profits (TPs) to managing trades with dynamic stop losses (SL). Instead of trying to predict where the trend will end, adjust your stop loss to subsequent swing highs or lows. This method allows you to stay in the trade as long as the trend continues, potentially capturing larger gains.
3. The Benefit of Longer-Term Trends
While it may be tempting to trade on shorter time frames for quick profits, longer-term trends often offer more substantial rewards. A trend that exists on a daily or weekly chart is less likely to be disrupted by short-term volatility. Although these trades may require more patience, they tend to exit less frequently, allowing you to ride the trend for greater potential profits. Exiting a trend too early or trading on a system that changes signals often can result in missed opportunities and reduced profitability.
4. Strategies for Lower Timeframes
For traders who prefer lower timeframes, the high volatility can make trend trading challenging. One strategy is to use the underlying trend from a higher timeframe as a bias and apply mean reversion strategies on the lower timeframe. This approach involves entering trades at a discount during an uptrend or at a premium during a downtrend. By aligning your trades with the overall trend direction, you can improve your chances of success even in a volatile market.
Combine multiple indicators for a comprehensive analysis.
Understand the infinite nature of trends and use dynamic SL.
Focus on longer-term trends for greater profit potential.
Use mean reversion strategies on lower timeframes with an overall trend bias.
"Trade the trend until it ends."
In conclusion, trading trends is more art than science, requiring a nuanced understanding of market indicators, patience, and discipline. By using multiple indicators, adjusting your approach based on the timeframe, and managing your trades dynamically, you can enhance your trend trading strategy for better results. Remember, the key to successful trend trading is not predicting the market's every move but rather managing your trades in a way that aligns with the overall market momentum.