Trend following trade methodologies are not easily understood by most, I've come to appreciate. The WVF backtesting that I've done suggests that it can be a useful method or tool. CADJPY is in a broad up-trend. The recent deep pullback on weekly followed by recent aggressive and filtered entry signals, could well spell further up-trend. Successful use of the WVF...
EURUSD momentum is still firmly to the downside at the moment. We are looking for opportunities to short unless we see momentum shift to the upside. If price crosses back into the range of the previous Renko bar based on the daily ATR(52) 92 PIP box, we will close any open short positions. Our bias will shift to long if we see a bullish Renko bar close on this chart.
For monday Gold will Correlation before up to strong again in 1260-1220 maybe i recommend wait for opportunity for Long that's worth than short
Price approaching important resistance level. Momentum still high and price makes higher highs. A break can trigger buy, but only with a retest, we get a high probability entry.
mad about crossing cmf money flow strong trend good get our book on amazon on trend following relative strength good next key ma is 200 follow us on youtube channel and face book above cloud
In this post I explore combining the Williams VixFix with GMMA (Guppy) indicators for Tradingview developed by Chris Moody . Both of these indicators attempt to find longer term trends. They require much training and experience. The methods are entirely different to scalping the markets. There is more exploration and back-testing of the Williams VixFix at ...
Please, be aware that once the breakout happens, you should move your stop loss to break even/protect your profit. It's a rough study, and there are a lot of variables being used. That's a scenario for a strong dollar in years to come. My first guess tho would bet on a scenario somehow similar to the last cycle, many unusual events can influence on that. If you...
perfect candidate for high Sharpe automated day trading strategy
It's always difficult to call a top in uncharted territory or see how long the trend will hold. The S&P index has been in a beautiful trend for quite sometime now and, as with any trend, new entrants may become increasingly more anxious of getting in too late. From the very simple analysis here, it looks like the index has some way to go before one needs to...