MariusStanescu

MariusStanescu Updated 

Simple technical and price action analysis. At this moment, all the signals are pointing to a BUY trade. Entry - Aggressive at the current price SL - Under the preview bullish candle. Basically where the up impulse has begun. The price might break aggressively or it might come back close to SL level, as STOP LOSS hunting. TP - Close to 1,100 level, should give a...

MariusStanescu

With this educational post, I am going to cover the following 5 questions, with some strict to the point answers: 1. Why the price is moving up and down? 2. How the price is moving up or down? 3. What is inside a candlestick, or how do they form? 4. On what markets is this applicable? 5. How can you benefit on this information to your advantage as a trader? ...

MariusStanescu

These trading strategies are tested by me personally, and actually it is what i use in my day to day trading, or to my trading robots. Each trading session has different periods of increased volatility, and so those periods are most of interest for me. To make it easier to understand, if the market is not moving, than, the price is consolidating, and the...

MariusStanescu

I need to make this educational post, because so many traders are focusing on wonder trading strategies, and they are forgetting about the money management, which is in my opinion, the real secret tool in maintaining a positive equity on long term. The way trading is advertise, with 6 monitors and 10 indicators needed to take a decision, is just to impress...

MariusStanescu Updated 

During my 16 years trading career, I have found out that more important than a trading strategy, is the money management. So many beginner traders are focusing on trading strategies that are giving them a high wining rate, without drawdowns, which is nearly impossible on long term from my experience. Because, then Warren Buffet will not have years with 50%...

MariusStanescu

Simple trading analysis based on price action with the help of Renko chart, RSI indicator, and OBV indicator. Story - The price has broken the UP trend line, and retested that line after creating new lows, so it makes it obvious for us to search for SELL trade opportunities. SELL Signals 1. Break of the UP trend line 4H chart 2. Retest of the Trend line 3....

MariusStanescu

Simple trading analysis based on price action with the help of Renko chart, RSI indicator, and OBV indicator. Story - The price has broken the UP trend line, so it makes it obvious for us to search for SELL trade opportunities. SELL Signals 1. Break of UP trend line 4H chart 2. Red bricks on Renko 4H chart are forming 3. OBV Renko chart is down. 4. Price...

MariusStanescu

This is a simple but useful trick for beginner traders. If you want to add higher time frame indicators on the same chart, there is a small and absurdly simple way to do that, without any coding needed. In the UP Right you have a 4 H chart with a 9 period Moving Average. And in the UP left side, you have a 1 hour chart with a 9 MA and a 36 MA, or 9x4=36. So...

MariusStanescu Updated 

Reversal signals. 1. Rising wedge on Daily TF- reversal pattern 2. Cumulative Delta Divergence - buyers exhaustion, reversal signal 3. RSI 4H TF reversal signals - Follow the crossing of the MA RSI average period - yellow line - with RSI - purple line Choose your entry wisely. Don't stumble trading. Trade Safe!

MariusStanescu Updated 

Unusual given the world economy, but the FED interventions might change the trend for a short period. Now EURUSD has all the arguments to be consider a UPTREND on Daily chart, so any short trade will be of course a countertrend trade. Short Trade Signals: 1. Renko 4h at Resistance level 2. MA crossing on 4h 3. Double top possible pattern to be formed. The first...

MariusStanescu

This idea and the logic behind might seems a little strange, but as on my knowledge, it is unique. The practical uses of this are as follows and it can be don on any time frame: 1. Identify Trend Direction - As you can see in the chart Red boxes larger than green ones, and so it is very clear and easy to spot trend direction. 2. Identify Trend Reversal - The MA...

MariusStanescu Updated 

The following signals are for a SELL trade: 1. On Daily chart, you can see the wick formed on preview candle. That means that the buyers where pushed down, and did not had enough strength to close as a full bullish candle. 2. On Renko 4H chart, we can see a resistance level. 3. On 4H chart, you can see the RSI bearish divergence. 4. On 30min chart, you can...

MariusStanescu Updated 

This is not something new, and it is not that only BITCOIN is in danger to crash, but the whole financial market. And this is not something unexpected, everybody knows this. But now it is more obvious than ever. Volatility decreasing - Pessimism for market participants Buyers kept from pushing the price up, while Sellers are accumulating orders around the 18k...

MariusStanescu

USDJPY is bouncing from MA100 after the massive drop on positive results for USD and CPI. Where those numbers so drastically to move the market so much, or the JPY, more that when the Japan Government has intervened for their currency? Nothing is change worldwide, so I believe the up trend for USDJPY might continue with this bounce from MA100. Choose your...

MariusStanescu

EURUSD is at a crucial point this week, because is breaking MA 100. The break of MA 100, together with higher highs and higher lows that have formed in the last period, can be a confirmation for a trend reversal, BUT... In February this year, the price has break thru MA100, and it turned out to be false break, with a huge fall for EURUSD since than, and this new...

MariusStanescu Updated 

Short scenario on higher time frame bearish trend, and double top formed as a reversal pattern. Entry - retest of the double top line at 1,1500 SL - 1,1580 TP - 2 or 3RR Don't Stumble trading. Trade Safe

MariusStanescu

A - Unknown unknowns - You don't know what you don't know. This is the first level of the knowledge matrix. There are skills or things, that you are not even aware of, that are completely new to you, and that you need to learn. Let's say that for a person, this is the first contact with trading as a beginner trader. B - Known unknowns - You know what you...

MariusStanescu Updated 

The price is at the resistance area, and it is creating a divergence on RSI indicator. This means that the buyers are losing strength. SELL scenario -If MA 9 and 18 are crossing, then that is a sell signal. Buy Scenario - The price might break above the resistance and then retest the preview resistance zone. Here attention is required on False breaks. Remember,...