Green Line is Entry 5632.4 or lower! Pink lines are Targets 5620.3 and 5603.9.
Rejection of daily EMA 200 Fibs to lvl 50/61 Then should go down deep as fuck ...
cci and percent r above see why its important in our book on amazon soon our website 40 yrs experience always diversify and have stop losses stoc and macd crossed relative strength good
above 200 j hook pattern growth industry
In this example I show you one of the ways I use to trade in a 4hr timeframe. The idea is to first wait for ema cross, and then wait for at least 2 retracements, after retracement, open a position and place sl below or above the previous retracement depending on your position. The only downside to this strategy is you might miss a lot of other trading...
Criteria meeting long set up: - low test bar close - support at ~4450 - trend line support (third test) - rejection of 200 ema - ascending triangle pattern entry - above high of low test bar stop loss - below low of low test bar target - at next resistance level or higher
Here i have a Bat pattern identified on the S&P ASX 200 , or Australian index. I believe that this market is likely to complete the Harmonic pattern by rallying up the the 1.618 extension of the BC leg. This completion would increase the value of their currency making it one of the only currencies that isnt over valued right now, allowing us to take advantage...
Breakout potential through trend line resistance. 20 DMA support holding up.
S&P 500: In 2014/2015 we have experienced a very nice bull market as the S&Ps finished in 2014 returning a nice 13.69%, overall the bull market has been driven by the feds decision to keep interest rates low as investors piled in. recently the FOMC held a press realised where Janet Yellen (Chair of the Board of Governors of the Federal Reserve System) stated that...
After riding the monday-tuesday rip higher (Kudos for those who BTFD @198!), now I opened a short at today's last minutes of trading. Stop: 206.50 (in case we are breaking out); limit: a retest of the 200 psychological Pivot Point. The rationale behind this trade is mostly technical: the triangle pattern forming in SPY, suggesting indecision regarding the future...
A simillar move has happened before, so don't be surprised. Short now and place your limit buys around 200. Give it a little overhead up to 320 though ...
Black friday could be a good sell point for short term traders, however hope to reach 350 in the next 3 month.
The idea here isn't very difficult to understand. DAL has made a run up from $35.51 on August 8th, where we saw a bounce off the 150EMA, a personal favorite area to get long for me, especially looking at the weekly chart for this. Anyways, from the top down: 1) Bullish RSI Holding 60 Support 2) Established Uptrend - Long Term 3) Bounce off 150 EMA 4) Long $4.46...
50 ma IS WAY ABOVE 200 ma AND PRICE HAS STALLED AT 200 ma LEAVING ME TO BELIEVE THAT THIS MOVE IS A POP-DOWN TO BE FOLLOWED BY A RETRACEMENT BACK UP. RSI IS SHOWING WAY OVERSOLD. FOR THIS ONE RISK REWARD LOOKS GOOD TO ME. I WILL PLACE A BUY STOP JUST ABOVE FRIDAY'S HIGH.