mohanee

mohanee

I publish this idea whenever I see bullish divergence in SPY ... Earlier divergence anlysis worked well , please see the below reference links ...

mohanee Updated 

for JMIA , I see CUP and Handle pattern on Hourly chart. Also found ocket pivots for 2 days. (see those cnadles highlighted in yellow color) ... That means volume is increasing , you have CUP and Handle pattern ... once it breaks the resitance line ... It will go up further ... See the explanation on the chart ... Let me know your comments...

mohanee

Hourly chart ... SPY price is moving downwards(1) , however stochsatic is not registering that ... rather it is going up ... This is bullish divergence wait for a confirmation like price close above that blue line (dsma 40) as a green candle (i.e close > open ) or wait stochastic pull further above 30 line ... On Jan 5th also I have found and...

mohanee Updated 

After recent pull back in BNGO , hourly chart showed pocket pivot on 8th Jan ( see highlighted bar in yellow ) , next day it gapped up ... Today last hour bar shows pocket pivot again ... I am guessing a gap up or go up further ... Warning This is not a financial advise ... Please do your own research for trading decission

mohanee

On Jan 1st , SPY gapped up as I guessed in my previous idea. However, price went down sharply filling the previous gaps. Though price came down , I see Stochastic RSI indicator going up. I see it is bullish divergence , so expecting SPY would go up further

mohanee Updated 

when I verify SPY on hourly chart , 31st Dec 2020 charts looks exactly same as on 31st dec 2019. So is it going to repeat the same as Jan 2020, will it open gap up ? I guess so ...

mohanee

After I published Short Selling strategy (with RSIofUO) , I have been working for Long side strategy with same indicator. Logic behind this is , when UO goes below oversold level , high chance of possible reversal from there ... Tested with SPY , QQQ, TSLA on 30mins to 4hrs. Though winning rate is average , net profit is exponential ... take a look...

mohanee

Recently , I have read about Wide Range Bar pattern. However I could not find any strategy based on that. WRB paatern is to find the Wide bar from last 7 candles and take long position on next green candle .... To test whether WRB 7 pattern , I have slightly adjusted to fit in my startegy ... Instead of 7 bars , script will check last 5 candles with...

mohanee

We had two buy signals earlier in this month from VWAPandRSI strategy. They closed with gain. Today tsla sold off during daytime but recovered in the last hour. And I see another Buy alert ... Take a look and let me know what you think of this idea !

mohanee

On Friday (18th Dec) last hour , I see high volume on SPY , QQQ and TSLA. Which also alerted in Pocket Pivot analysis idea which I have published earlier In the chart you can see bar highlighted in Yellow color. This will indicate either a gap up in next bar OR rally upside. Note : This is based on the previous results of the study ... Past Performance Is...

mohanee

Pocket Pivots are described in the book ‘Trade Like an O’Neil Disciple’ of Dr. Chris Kacher and Gil Morales Actual idea was explained for daily charts ... I have adopted this to check on hourly charts to find if there is any advantage for short term trading ... Logic behind this is price should be above 200 ema and consoidating around 10 or 50 ema , ...

mohanee

VWAP and RSI strategy signaled BUY LONG for TSLA Last week this strategy closed TSLA for 14 points ... Lets see how it goes now ... Note : Past Performance Is No Guarantee of Future Results , please do your research ...

mohanee

TSLA bounced on 50 ma support VWAP and RSI reading pulled below 10 and bouncing up VWAP and RSI Strategy triggered BUY SIGNAL on HOURLY CHART ... Let me know what you think about this ...

mohanee

I have found this strategy to find possible gap ups. set up ========= On Hourly Chart Plot EMA 200 ( in the above chart it is blue solid line ) Add VWAP , set weekly setting Add EMA , set period to 9 Change the source of EMA 9 to VWAP Lets call this ema9 setup as EMA9VW (in the above chart it is purple line) BUY ==== EMA9VW is above ...

mohanee

I have noticed that some trades missed in VWAP and RSI strategy. To improve the entries and add more you can add divergence indicator and set the source of it to vwap. change the settings to 5 , 3, 3 when the price is trending below 200 line , then look for Divergence indication and buy when price closes above VWAP. In the above screen you see...

mohanee

RSI of VWAP has been published for Long side entries only. However, it can be used to short the equity. below are the details ... 1. Add VWAP to your chart 2. Add RSI (period 14) (set oversold line to 25 and overbought line to 70) 3. change the source of RSI to VWAP when the VWAP crosses down to Oversold line at 25 , take the short...

mohanee

Look at the BABA setup on hourly chart, it looks nice for Long setup 1 & 2 : divergence ... price is going down but vwma slope is going up 3 : vwma slope broke previous pivots trend line 4: once slope broke above (3) , price gapped up Let me know what you think about this setup ...

mohanee Updated 

I have been testing stocks other than index on RSI W Pattern. I have selected most active stocks ( FAANG) , from this list I have found AMZN and FB are showing over 80% winning rate. Recently FB has shown a signal and a second entry signal on 1 hour chart. Just watching how would it perform in real time testing