Pandora is forming a line pattern near a strong support and making HH with good volume. Today was a retest gap from yesterday. If we move higher, more bullish than bearish long to mid term. 3 months potentially.
Indicator for the 1 Minute timeframe. This will let you know when we enter and exit micro-short-term consolidation periods. Uses Bollinger band widths with limits set by a proprietary quadratic formula. For more time periods see: www.tradingview.com
Anyone remember the "Frogger" game where a frog must pass a river ? This strategy is like a game. Immagine you that the cyan lines are a River, any time the price can cross up or down this river, you must buy or sell only when the bar are dry.. BUY at highest price of the first bar that is completely dry over the river SELL at the lowest price of the first...
Steve Primo's Advanced Bollinger bands This is an interesting and easy way to trade that anyone can pick up immediately. It doesn't require to have perfect-right-now type of scanning or timing. Orders can be set up ahead of time at night and left to fill on their own, freeing up time and attention to go do other things during the day. People with day jobs where...
Indicators to look for: 1. Narrow Range 2. Bounce back from previous top band (down trend) 3. Just a few hours ago, a spike up and the price was close to high band (the BB20 is also in narrow range which indicate break out is coming
A couple of observations: 1 The 1.618 extension with a prior 6.18 retracement seems to have slowed down the pair from moving higher. 2 A daily AB=CD pattern / 3 drives pattern have completed. 3 The pair recently broke out of ascending triangle on the 4H chart. 4 The Bollinger band shows extreme price movements on the 4H chart. Looking for an entry setup with at...
The crude oil prices rose 12 percent during the last two weeks of trading, from recent low at 46.66 to about 52 dollars today. The crude oil futures recent rally might show the beginning of its recovery to higher prices. Is that a sign of the plunge’s end? Politics, oil producers, and technical analysis (Bollinger Bands & RSI) give answers. Full blog post here:...
For the last two days I was expecting the price to finally fall. I gave it another chance and then another chance to show me that I'm wrong. But now I expect the downtrend to finally start. Because of three reasons: The price is trending down inside the Bollinger Band & is below the red angled trend line & is below my brown Fibonacci line.
we are working our way from the bottom of the bollinger band to the top of it. this is also confirmed by the stochastics. fundamental events up ahead include BoE's decisions(expected to be no change), announcements by BOJ and NFP tomorrow.
SPX is trading in a range in the last 20 days as you can see by the frequent MACD and Moving Average crossovers. Since, BB is inside the KC, the idea is to jump in the winning side of the battle of bulls vs bears at the same moment that volatility start to come back to town. There is nothing really special about the stop loss of this trade, they are around the...
Williams: The alligator's mouth is horizontal but points sightly down - closed - asleep. Momentum is approaching zero. It's been a while since a new high. The RSI is pointing downward below 50. Expect a nice move down - a significant correction to the dollar bull market...could be several months. Sell on a break of 115,842. Bollinger: bands (20ma) are...
past 10 weeks has seen gold attack below 1180 but failed to close below it. moreover it has closed within the bollinger band and this week is now making its move out up towards the upper bollinger band. we target 1300-1330 area firstly.
In this chart we see the price penetrate the lower Bollinger Band, and the Vix Fix Bottom Finder was triggered. We also have a "potential" higher low. Based on all of the indicators in the 3 charts, that is what I am anticipating.
This setup is using Bollinger Bands but since they cannot be drawn in the chart this approach is simple, better to see and understand. Stop price is open of previous candle. Entry price is at start of new candle. Limit price is set to be a 1:1 risk reward ratio.
This setup is using Bollinger Bands but since they cannot be drawn in the chart this approach is simple, better to see and understand. Stop price is open of previous candle. Entry price is at start of new candle. Limit price is set to be a 1:1 risk reward ratio.