XAUUSD Don't jump on a speeding train. I will try to explain the dangers of trading in an accelerating exchange rate. The graph (not analysis) shows how the daily correction distance changes as time progresses. The daily adjustment bar may not be met within a day. It may take 2-3 days. But the point is as follows. The width of the correction bands is given by the...
I don't use indicators, they're not my style, they lag, they repaint; and in my opinion they don't work.
The 200 EMA on DAILY can be useful because of how slow it is. We can use it to filter the direction of which way we trade.
Price ABOVE 200 ema = ONLY BUY
Price BELOW 200 ema = ONLY SELL
Then drop timeframes for your entries via your strategy whatever that...
Using USDCNY (Caveat- LINE BREAK CHART & small sample size) See what happens when MACD signal line drops into negative territory. Significant support line for bitcoin price. See Oil and Gold price effect on support line. Will coronavirus shut down bitcoin mining in China? What will happen when Chinese market reopen. Is bitcoin about to explode? Bahhhhhh...........
Will coronavirus hedge go parabolic or will Chinese stocks recover? We'll soon find out. Caveat - Line Break Charts and small sample size. NOT ADVICE. DYOR.
Dollar interest rate cut by 50 basis points. 2020.március.18. www.cmegroup.com My analysis charts the market expectations of a dollar cut in interest rates. The reason I like to use the US02Y chart is because it gives you a much clearer idea of what the market is doing. With a fractal analysis, the future...
As posted in previous postings "If market closes above $8930 and $9177.5 either one looks like could provide next level of critical support going forward, and replace current $7933.4" NOT ADVICE DYOR
This is a quick description as how I use STOCH and the RSI2 to help me find key pullbacks in a trending market.
Throughout trending markets we expect to see healthy pull backs. This happens as people rotate out of certain stocks/sectors, price drops and this gives us a great opportunity to enter the stock at a discounted price.
If we take $MSFT as an example we...
In this screencast I'm looking both at the daily and 4H time frames on the JP225USD.
The daily is into a potential reversal zone based on my methodology.
The 4H is probably into a PRZ based on an ABCD pattern.
Stay lively - stalk carefully. :))
In this video I look over a few indices and the VIX.
There is a problem i.e. the news is saying one thing, but the charts are showing something rather different. I look at some trendlines, channels and patterns. After many years in trading I'm no longer obsessed with the names of various patterns. The overall pattern is what interests me more.
The news is...
![AUDUSD: Our trading system in action [PrimedTraders]](https://s3.tradingview.com/b/BcXXYlgT_mid.png "Our trading system in action [PrimedTraders]")
