* LIVE TRADING * This is not a get rich quick scheme, if you have the time to study and practice this video it will give great insight on how price moves. Add the indicators to your chart and see if the 3 main signals create entry points for trades 3 Main Signals: - Stochastic (settings) 14,3,3 with %K marked as RED and %D marked as GREEN (inversed from...
The Stochastic Oscillator and Bollinger Bands can be used as 2 boxes on your trading checklist. Understanding how both move independently, knowing correlating moves and using them as a check and balance.
Moving averages can be extremely powerful indicators if you understand how to interpret them. Understand how the 9 EMA, 50 EMA, and 200 EMA move in relation to eachother.
Indicator's script runs multiple momentum oscillators against price to seek out divergence. If any oscillators show divergence, chart will populate icon with number of bullish or bearish divergence alerts.
When buy volume increases, OBV indicator will crossover from brown to green and the opposite will happen if sell volume increases. The green represents increased buy volume, the brownish color represents sell volume.
CM_WILLIAMS_VIX_FIX Indicator - was created to find market bottoms, per the creator. It can be used in conjuction with other indicators to find trade oppurtunity.
Stochastic Divergence is one of the most powerful leading indicators of price. Convergence will show price and stochastic oscillator moving towards each other. Divergence show the price and stochastic moving away from each other.
Stochastic Momentum indicator signal over bought and over sold oppurtunities. Oscillating between 0 and 100, with above 80 signaling overbought and below 20 signaling over sold. These indications provide another check on your checklist for buy or sell oppurtunities.
(3 for 1) TEMA - Use TEMA as a 3 for 1 indicator, instead of putting 3 moving averages, especially if you do not have Trading View Pro, you can use TEMA as 1 indicator. Moving averages is simplicity at its finest. Look for golden crosses, death crosses and when the moving averages meet to signal a push to the upside.
Bollinger Bands is a extremely functional indicator. Nothing fancy, simple interpretation and if you couple it with a momentum indicator even better. Points to remember, band get tight then breaks out, when price breaks out of upper or lower band signals reversal, and price above/below bollinger MA represents price is becoming over bought/oversold.
This exercise incorporates your watchlist with you indicators. How many stocks in my watchlist are telling me the story I want to verify to enter into a trade. Goal, find a indicator that correlates with the move you are attempting to trade. In this scenario we are looking for Green Volume Sticks for long entry. Using the 12M Time Frame give us the 50,000 foot...
3 Items you must know to understand charts 1.) Chart timeframes 2.) Candlestick charts and how they integrate with chart timeframes 3.) Identifying Uptrends and Downtrends
Reviewing the 3 Types of market analysis (Foundation level of Technical Analysis) Technical Analysis Fundamental Analysis Market Sentiment
The last 3 days have been mental warfare. Don't ever look at anything from a single vantage point. This is what I believe the strong move to the upside was for, so we will begin to close. Add the CM_WILLLIAM_VIX_FIX to your indicators. Next time you think a stock is being held down, watch the bar indicator light up green. See video for referenc. Enjoy and follow !
(Sorry for continuously clicking the mouse) Overiew of a few indicators I use. Moving Averages, Stochastic, and a custom indication. How the 9 EMA interactes with price ticker. Identification of a Bullish Head and Shoulders Pattern
Definition Volume Profile is an advanced charting study that displays trading activity over a specified time period at specified price levels. The study (accounting for user defined parameters such as number of rows and time period) plots a histogram on the chart meant to reveal dominant and/or significant price levels based on volume. Essentially, Volume Profile...
Weekend preperation and discovery. I love it when I find something as beautiful a BW on the Weekly time frame. I looked through about 300+ charts today and found 22 that I fell in love with for April. Explanation: Focus is the stochastic indicators, mainly the middle and bottom one. The top stochastic is my signal with a shorter setting. It shows me direction...