Hello All, This video was made to show how to use Trend Lines Pro indicator and options in it are explained. If you have questions please drop a comment under the video. Thank you for watching it! Enjoy!
After the broken trend channel, we are looking for an opportunity to trade at 0.50 and 0.618 fibonacci levels. You can search for withdrawals for safer transactions. Stop loss above 0.382 Fibonacci level, take profit levels 1.618 Fibonacci level. Kırılan trend kanalının ardından 0,50 ve 0,618 fibonacci seviyelerinde işlem yapma fırsatı arıyoruz. Daha güvenli...
Hello Traders! Do you ever wonder, "When is the trend ending?" or "When should I change my directional bias?" Many traders find it hard to figure out not only how to choose a directional bias for the day, or how to change their bias if they are on the wrong side of the trade. In this educational video tutorial, I provide simple confirmations to discern when...
Wait For Price To Break Trend Line. Wait For Price To Close Below Trend Line. Watch For A Price Action Signal To Form On The Retest. Watch For A Rejection Candlestick or a Pin Bar. In the example below, the candlestick wick protrudes through EMA 10, EMA 20, Trend Line, and 50% Fibonacci Retracement Level. Enter at the close price of rejection candlestick....
The late iconic forex trader Bill Williams formed the Williams Alligator technical study indicator in 1995. He gave the indicator his name. In addition, he was developed other primary indicators usually used by traders today. Certain of those indicators are Williams Fractal, Awesome Oscillator, and Accelerator / Decelerator Oscillator. The Alligator indicator...
Here is some useful trend changing patterns to look out for, for me these are the easiest two to spot in the markets when starting out. I hope this information has been useful for some people coming across it. If you liked my educational post please hit the like button and give me a follow, this gives me the motivation to create more educational posts in the future.
Trend Line Trading: The Trend Breaker Strategy This trendline breakout trading strategy uses three indicators, which are the following: MACD- The inputs for this indicator are: Fast Length= 12 (represents the previous 12 bars of the faster moving average), Slow Length= 26 (Represents the previous 26 bars of the slower moving average), and Signal Smoothing= 9 (...
Breakout of the trend line Good day to all readers of my blog and colleagues! Today we will consider such a phenomenon as a trend line breakdown, taking into consideration the analysis of traded volumes. What are trend lines drawn for, what are their application variants and what characteristics make a breakout or rebound possible - we will consider all these...
Whenever i see a trend-line break , but not a follow-through move, i draw a parallel Trend line to the new low made. And if the price break this new trend-line, then the chances of price follow through becomes high. Hence nifty is sell below 8980 levels. Do not follow blindly, please do your own research.
(Note for professional Traders: If you have some experience on this strategy or if you feel like something is missing, please comment, so everyone can benefit from it :) Thanks in advance!) Hi Traders! Have you ever been in this situation: The market is clearly in an Uptrend. Big, Green Candles moving up. Making higher highs and lows. Breaking all the major...
Earlier, we noted that the completion of a price pattern can signify either a reversal in the previous trend, called a reversal pattern, or a resumption of the previous trend called a consolidation or continuation pattern. Similarly, a break or violation of a trendline will result in either a reversal of that trend or its continuation. First, USDZAR chart...
In this video, I am going to show you how to draw & interpret trendlines correctly. You can apply this method in any timeframe and instruments such as forex, stocks, futures, bitcoins, bonds, etc… In an uptrend,a trendline connecting two swing low and act as support, which is also called demand line. In a downtrend, a trendline connecting two swing highs and act...
When trading the best wolfe strategy you will find that after the entry is triggered your position should show you an immediate profit. This is because the reversal pattern that emerges from the wolfe wave chart pattern is very violent. Once we’ve got the first five waves we have the general setup of the wolf wave . After the last wave has broken above the...
Hello Everyone, Drawing trend lines is very important to analyse the charts. Sometimes I see some charts then realize many lines on the charts and usually most of them useless or meaningless. so how to draw trend lines? is it possible to make it by a script? Then a few months ago I decided to develop a script to draw trend lines automatically. I already...
Bump and Run Trading Strategy – Sell Rules The Bump and Run trading strategy is one of the best reversal trading strategies that you’ll probably ever need to learn. The psychological reason why the Bump and Run reversal is such a powerful pattern is because it takes advantage of the result of excessive speculation. This propels the price too swiftly to the extreme...
1D ASCENDING TRIANGLE BULLISH BREAKOUT. Wait for a Daily Candle Close above triangle. 1H PULLBACK TRENDLINE BEARISH CONTINUATION BREAKOUT. Wait for a 1H Candle Close below Pullback Trend line. Or wait for a Bearish Continuation Break-Hook-Go candle pattern.
(Rules for A Buy Trade) Step #1: Wait for the MACD lines to develop a higher high followed by a lower high swing point. The first rule of thumb to recognize a swing high on the MACD indicator is to look at the price chart if the respective currency pair is doing a swing high the same as the MACD indicator does. A higher high is the highest swing price point on a...