Pika7993

Pika7993

Ride the trend and short now to close out the week. JPY has been the strongest currency thus far making it safe to trade on trend. It most likely will remain until market close. P.S- USD was second to JPY also a strong currency to trade on trend to close out the week.

Pika7993

Waiting to determine pullback after this close 1 hr. On market open I do not think the bulls will try and push this as it will be a minor pullback at most. -D is above 25 and ADX is above -D with +D giving a nice cushion below. Indicators check out however banks and news will always trump pending on its volume. Either way another huge sell trade for USDCAD

Pika7993

Here is an update from my Brexit post on September 27th. If you look at my previous chart I included with this update we see GBP on the rise as Brexit no deal speculations diminished. With talks about post trade deals I believe the negative news is propaganda as a deal would place the pound on a pedestal as the pandemic will continue to force out financial aids....

Pika7993

We saw BTC/USD make a bull move to the September 2nd high level. Basing off trend analysis, BTC/USD makes a significant jump within the first week of each month then proceeds a volatile trend setting up Buy/sell scalp ideas. Given the bull/volatile trend I presented with the trend line and arrows I will wait until we see a break to start scalping. Given USD is...

Pika7993

Short!

Pika7993

Going long on buy signal.

Pika7993

Put this together Friday evening but did not want to post it looking like a fool. Took me a while to put this together and summarized it would break further and pivot back up. Please put your input in whether or not this was accurate or just luck!

Pika7993

There are so many patterns to be analyzed. Why not try out new strategies to throw some added enjoyment to your trading. Threw and arc over this near rainbow pattern hoping it will complete the descend.

Pika7993

Short once candle closes out

Pika7993

It is extremely important to understand pullbacks, consolidation, and histograms when using this custom MACD strategy. As seen here we have a buy signal that is right below the main line. We buy this and sell at the first sell signal that appears under main line. This also indicates a pull back opening up a great buy opportunity. You can predict the pullback by...

Pika7993

As I have mentioned if a sell signal opens directly above the the main line we can expect a trend under the line for at least a day. That being said if we stiick to the rules we will know a buy signal will trigger leading to another sell signal under the line before it crosses back up. Further confirmation a trend will begin. Best and safest option is to close...

Pika7993

This is as easy as it gets. The simple basic custom MACD strategy. Currency pairs with similar heat waves will project an up and down fairly even trend. This allows for clear and precise scalping entry and exit points. My rule of thumb is keep riding the wave until we see consolidation indicated by MACD. We don’t want to be caught in that as a scalper. Its clear...

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This example is similar to the medium short term trend I posted, in this case we buy for a medium long term trend. As I have previously noted, when a buy or sell signal opens right below or above the main through line we can expect some medium tremd with plenty of scalping opportunities in between. In this example we see the buy signal open right below the main...

Pika7993

After hours of starring at 1 hour time frame charts I noticed a very obvious pattern that profits me the most if excited properly. If you look at this chart you will see my sloppy blue line starting at 0.00 which correlates to 5pm. The blue line goes until market close the next say 5pm. Here is how I profited from every candle. The golden time frame is...

Pika7993

In this this example I will discuss a possible medium trend term, day trade opportunity to maximize a short directly above the main line. You must stay patient with this strategy and not a expect a huge return. This strategy can lead to a minor loss if a long term trend breaks out over the line. When a signal for short happens directly above the main the line...

Pika7993

As noted I prefer day scalping with this MACD strategy. However can it be used as a long term strategy? Absolutely (and recommended longer trend traders). As seen here the MACD and signal line triggered a sell above the main 0.00 line. What followed was a 10 day solid short trend. Notice anything about the MACD and signal lines? Although there are multiple...

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If you can master this strategy you can enter shortly after MACD signal triggers, given its fanning out to the short term trend. First sell signal after crossing up through histogram will fall into profit if you stay patient and allow the MACD line to fall below the 0.00 line. Here I entered a sell limit at 1.18478 prior to market close as the short continuation...

Pika7993

Green MACD line crosses up through consolidating histogram signaling the buy prior to the MACD signal. Always cross check the heat wave for added confirmation with this scalping strategy. I use the Currency Heat Wave app (FREE VERSION)