Pair is falling from 50 sma to 100 sma. TP is 100 sma. I will enter either with a sell stop or a break hook go on the 15m chart if I am around my charts. Macd Blue should cross below Red line as price continues to the 100 sma.
I watch for a 23.6% fib retrace or greater on my 5m chart for an entry. Today price retraced back to the 78.6% fib from a 1.18556 high 5m. Entered trade at 1.1844 with a tight SL My TP was just before the high as a retest @ 1.1855
Price paused at 800 sma. Candles closed outside BB with bullish reversal candle patterns. Macd was over-extended below 20 level. RSI below 20 level indicating reversal pending. TP is at the top BB.
I use a Macd with a 0 level line only. I will use 8-17-9 or 12-26-9 as settings depending on the time frame. I like the 8-17-9 on 5m & 15m. I then overlay on top of the Macd a Stochastic indicator with only the 20/80 level lines with no signal lines. This helps me see when my Macd is over-extended below the 20 or above the 80 to let me know of a pending...
Channel Breakout Long (Break-Hook-Go) TP is a 4H double top resistance level Channel Breakout Short (Break-Hook-Go) TP will be 800 sma If price goes to the bottom of the channel and bounces back into channel enter long.
My brokers 4H close is not the same as TradingView 4H close. MT4 cross over was 2 closed candles ago so I have just entered long for 50 pips
Price met Big 3 rules of green candle close above ma's and a short bearish pullback then continuation green candle for entry. Big 3 subchart was green to confirm trade.
Price is at the top of a trendline and Channel Top. Taking reversal short trade. Breakout at Channel bottom may bounce at previous support level @ 1.1615 area. Take long trade if market fails to continue bearish run back into channel up to 50 sma or channel top.
Active short trade with our new Andrews Pitchfork Strategy. For more information comment below with any questions.
This is an example of trading the reverse trade from the original NFP News release trade. For more information on the EFC Indicator comment below.
This is an example of trading the reverse trade from the original NFP News release trade. For more information on the EFC Indicator comment below.
This is an active short trade. For more information about this Golden Fib Indicator comment below with any questions.
I just entered this trade. Follow TP guides. As long as Mace Blue line is moving up indicates direction.
Rules are wait for a breakout candle to close outside pitchfork trendline to enter. Rabbit Trail Technique is on our blog with the NEW Daytrading Andrew Pitchfork Strategy. Leave a comment for more information.
Draw Triangle Trendlines on the 4H so you can see them on a 15m chart. Watch for entry on 15m Break-Hook-Go either direction. Long TP 1 - 303.20 TP 2 - 313.14 Short TP @ 278.10
Pair is at the top of the channel. It will either break-hook-go long to the 100 sma. Or it will bounce short off channel top trendline and go short to support @ 1.1700.
Pair is at the bottom of a range box. Pending orders for long or short trades. Long TP is 50 sma. Short TP is a Weekly Pivot @ 1.3080
Price has completed a long Break_Hook now it is deciding to Go (long) or Not to Go (go Short)