ChristopherDownie

ChristopherDownie Updated 

ChatGPT is an advanced language model that can help you write code more efficiently and accurately. By using ChatGPT, you can generate high-quality Pinescript code without the need for extensive coding knowledge or experience. In this article, we will focus on using the free version of ChatGPT to code Pinescript indicators and strategies. We'll provide...

ChristopherDownie

The Directional Movement Index (DMI) is a technical indicator used in financial markets to analyze the strength and direction of price movements. It was developed by J. Welles Wilder and is a component of the larger Average Directional Index (ADX) system. The DMI consists of two lines: the Positive Directional Indicator (+DI) and the Negative Directional...

ChristopherDownie Updated 

GBPJPY is looking very bullish, not really long term but not short term either.

ChristopherDownie Updated 

AUDUSD has been in a range for some time on the 3H timeframe. I am thinking we are going to expand to the downside or upside and at that point we can wait for a break of the range for push to either side

ChristopherDownie Updated 

AUDUSD Is still in the range we look at last week but we are now seeing some good setups inside the range. Below is a shot of the 3H higher timeframe markup from last week and we can also see it attached in the related ideas

ChristopherDownie Updated 

At the moment we are at a critical level where price can either break above the range or retrace to the tested trendline. At the moment there is no indication that price momentum is reducing so my sentiment is more bullish than bearish. For bearish sentiment we would need to see a shift in either the signals indicator or a shift in price action.

ChristopherDownie Updated 

The market is still trying to complete a ABCD sequence from the last bullish push and we are seeing signs indicating that we could push finally complete the push to the Fib extensions 3H Markup

ChristopherDownie

Introduction: Within the trading community, knowledge and insights exchange is a strong driver of development and comprehension. TradingView has announced the beginning of a new awards program in honor of great contributions. By providing monetary awards for their excellent contributions, this new initiative seeks to further motivate content writers by building...

ChristopherDownie Updated 

USDCAD seems to be setting up for another bullish push

ChristopherDownie Updated 

3H markup is listed below 3Hr time is still bullish however it is very volatile and looks like it could go either ways whenever

ChristopherDownie Updated 

We are seeing some bullish sentiment in USDJPY below you will find the markup for the 3hr timeframe as well.

ChristopherDownie Updated 

Looking at XAUUSD I am thinking we are going to see a short term retracement lower into the 3hrs low before we start pushing higher. On the 30 min timeframe we can see that market structure has shifted to the downside which is setting up a nice short harmonic pattern 3Hour markup

ChristopherDownie

🔷CFD Contacts Contract for Difference is referred to as CFD. It is a type of financial contract that enables traders to make predictions about price changes in a variety of underlying assets, such as indices, equities, and commodities, without actually holding such assets. A contract for difference (CFD) is an arrangement between two parties, usually a trader...

ChristopherDownie

The data presented does not clearly and consistently show a relationship between account size and trading success. Trading success is complex and influenced by a variety of elements, including trading strategy, risk management, market conditions, and psychological variables. While having a larger account may have certain benefits, such as the capacity to open more...

ChristopherDownie

Trading orders known as "trailing stops" enable investors to control their losses while also perhaps locking in profits as a deal goes in their favor. An instruction to sell a security after it reaches a specific price is the same as a conventional stop-loss order, which is identical to a trailing stop. A trailing stop, on the other hand, has an extra feature that...

ChristopherDownie Updated 

Daily timeframe ETHUSD seems prime for a bullish push of price backup to 20100

ChristopherDownie

Trendlines are graphical representations of the price movement of an asset in a financial market. They are formed by connecting a series of highs or lows of an asset's price over a specific period. The resulting line can be used to identify the direction of the trend and to help traders make decisions about buying or selling. In other words, A trendline is like a...

ChristopherDownie

The parabolic SAR (Stop and Reverse) indicator is a tool used in trading that helps to show when to buy or sell a stock. It looks like a series of dots on a graph that follow the direction of the stock price. When the dots are below the stock price, it means you should buy the stock. When the dots are above the stock price, it means you should sell the stock....