#Stochastic and Bollinger bands swing trading strategy

[profiteadeveloper]

Bolstering Profits Unveiling the Power of Stochastic and Bollinger Bands...

[forextradingcoursebyprofithills]

Best Technical Indicator for Trading

In addition to the above, technical indicators are also handy in that they allow traders to enhance their profits and keep track of market trends in a fast-moving trading environment. Below are some of the most widely recognized indicators that can support long-term profitability.

Moving Averages (MA)

Moving averages are popular in technical analysis for smoothing price data to reveal trends. The two primary types are the simple moving average (SMA) and the exponential moving average (EMA).

SMA: Determines the average closing price over a specific period, best for long-term trend identification.

EMA: Places more emphasis on recent prices, offering faster responses and benefiting short-term traders.

Why Traders Like It: Moving averages help confirm trends and identify potential entry and exit signals.

Relative Strength Index (RSI)

The RSI is a momentum oscillator that measures the speed and change of price movements, ranging from 0 to 100.

RSI below 30 indicates an oversold condition, suggesting a potential uptrend.

Why Traders Love It: RSI helps recognize overbought or oversold conditions in the markets, aiding in timing trades.

Moving Average Convergence Divergence (MACD)

MACD is a trend-following and momentum indicator that shows the relationship between two moving averages.

Components: Includes the MACD line, signal line, and histogram, helping identify bullish or bearish divergences.

Why Traders Love It: MACD is versatile and provides clear buy and sell signals.

Bollinger Bands

Bollinger Bands consist of a middle line and two standard deviations, expanding and contracting based on market volatility.

Narrow Bands: Indicate low volatility and the potential for explosive moves.

Why Traders Love It: Bollinger Bands are excellent for volatility-based strategies, helping identify market swings.

Fibonacci Retracement

Fibonacci retracement levels indicate potential reversal zones, plotted at key percentages (23.6%, 38.2%, 50%, 61.8%).

Why Traders Love It: It helps identify entry and exit points during trend reversals.

Stochastic Oscillator

This momentum indicator compares a security’s closing price to its range over a specified period, oscillating between 0 and 100.

Readings above 80 suggest overbought conditions, while readings below 20 suggest oversold conditions.

Why Traders Love It: It helps identify reversals in momentum, especially in sideways markets.

Volume Indicators

Volume indicators measure the strength of price movements by showing buying and selling activity. Common examples include On-Balance Volume (OBV) and Volume Weighted Average Price (VWAP).

OBV: Tracks cumulative volume to predict future price behavior.

VWAP: Measures the average price based on volume and price throughout the day.

Why Traders Love It: Volume indicators confirm trend strength and prevent traders from falling for false breakouts.

Conclusion

There is no universal technical indicator for trading. The best one depends on your trading style, risk tolerance, and market conditions. Trend followers often rely on moving averages or MACD, while momentum traders prefer RSI or stochastic oscillators. Volatility traders may favor Bollinger Bands and Fibonacci retracements, with volume indicators providing crucial confirmation of market trends.

[goldtradingandinvest]

Swing Trading Strategies for Profiting from Gold Price Swings

Swing trading is a popular strategy employed by traders seeking to profit from short-term price movements in various financial markets. When it comes to swing trading in the gold market, understanding and effectively capitalizing on price swings can lead to substantial gains. This article explores swing trading strategies specifically designed for profiting from gold price swings, providing valuable insights for traders looking to navigate this dynamic market.

Understanding Gold Price Swings:

Gold, as a highly liquid and actively traded commodity, is subject to frequent price fluctuations. These price swings occur due to a multitude of factors, including macroeconomic indicators, geopolitical events, market sentiment, and investor behavior. Swing traders aim to identify and capitalize on these price swings, taking advantage of both upward and downward movements to generate profits.

Swing Trading Strategy #1: Trend-Following Approach

One popular swing trading strategy is the trend-following approach, which capitalizes on the prevailing trend in gold prices. Traders using this strategy closely monitor price charts, looking for clear and well-defined trends. They then enter positions in the direction of the trend, either buying on pullbacks during an uptrend or selling on rallies during a downtrend. The goal is to ride the trend until signs of a reversal emerge.

To implement this strategy effectively, traders often rely on technical indicators such as moving averages, trendlines, and momentum oscillators. These tools help identify trend direction, potential entry points, and optimal exit levels. Additionally, risk management techniques, such as setting stop-loss orders and trailing stops, are crucial for managing potential losses and protecting profits.

Swing Trading Strategy #2: Breakout Trading

Another swing trading strategy for profiting from gold price swings is breakout trading. Breakouts occur when the price breaks through a significant support or resistance level, signaling a potential change in market sentiment. Traders using this strategy closely monitor key price levels, looking for breakouts that could lead to strong price movements.

When a breakout occurs, traders enter positions in the direction of the breakout, anticipating further price momentum. It is important to wait for confirmation of the breakout to avoid false signals. Traders can use technical indicators such as volume analysis, Bollinger Bands, or the Average True Range (ATR) to validate the breakout.

Risk management is vital when implementing this strategy, as false breakouts can occur. Setting stop-loss orders and trailing stops can help protect against potential losses in case the breakout fails to sustain momentum.

Swing Trading Strategy #3: Range Trading

Range trading is a swing trading strategy suitable for gold price periods characterized by a lack of clear trend. In range-bound markets, the price of gold tends to fluctuate within a defined range, bouncing between support and resistance levels. Traders using this strategy seek to profit from these price oscillations by buying near support levels and selling near resistance levels.

To identify suitable range-bound conditions, traders analyze price charts and look for well-defined support and resistance levels. Technical indicators such as oscillators (e.g., RSI or Stochastic) can help determine overbought and oversold conditions within the range. Traders aim to enter positions near support levels when the price is low and exit near resistance levels when the price is high.

It is important to set proper risk management parameters, as breakouts can occur, leading to potential losses. Traders can use stop-loss orders and profit targets to manage risk and lock in profits.

Conclusion:

Swing trading strategies offer traders the opportunity to profit from gold price swings by taking advantage of short-term price movements. Whether through trend-following, breakout trading, or range trading, each strategy requires a deep understanding of market dynamics, technical analysis tools, and risk management techniques. Successful swing trading in the gold market relies on careful analysis of price patterns, timely entry and exit points, and disciplined risk management.

In swing trading, it is essential to stay updated with relevant news and events that can impact gold prices. Economic indicators such as GDP reports, interest rate decisions, and geopolitical developments can significantly influence market sentiment and trigger price swings. By keeping a watchful eye on these factors, traders can anticipate potential price movements and adjust their strategies accordingly.

Furthermore, it is crucial to emphasize the importance of discipline and patience in swing trading. Not every trade will be profitable, and losses are inevitable. Traders should adhere to their predetermined trading plan, set realistic profit targets, and exit trades when conditions no longer align with their original analysis. Emotional decision-making based on short-term fluctuations can lead to poor trading outcomes.

Risk management is a fundamental aspect of swing trading. Traders must determine their risk tolerance and employ appropriate position sizing techniques. Setting stop-loss orders at logical levels helps limit potential losses in case the trade goes against expectations. Additionally, using trailing stops allows traders to lock in profits as the price moves favorably, protecting against reversals.

[libraryoftraderlot]

Best Indicators for Swing Trading in 2022 - Library of Trader

Swing trading indicators can come along and change the whole game as they ease the process but also provide many false signals. Such a double-edged benefit of technical tools makes many swing traders hesitate about whether they should use these indicators. This article offers an exclusive overview of the common technical indicators for swing trading. So, you can learn how to leverage their superior functions to help you earn higher profits from swing trading.

What’s Swing Trading and How Does It Work?

Swing trading indicators a type of fundamental trading where you can hold positions longer than a single day. Technical analysis plays an important role in the development and modification of swing trading strategies.

The Importance of Understanding Swing Trading Indicators

There are three aspects of a trade that you should take into consideration, trends, momentum, and volume. Thus, the help of tools in such areas can help you profitably swing trade no matter how volatile the market is.

Trend Indicators.

Momentum Indicators.

Volume Indicators.

Top Swing Trading Indicators

Moving Averages (MAs)

Moving averages (MAs) are a stock indicator that you typically find in technical analysis. This tool can mitigate short-term fluctuations in stock prices over a specified time frame. So, the price data becomes much more understandable and generates more valuable insights.

Volume

​Volume is also a technical analysis tool that many swing traders use to better analyze the strength of a new trend – whether it can last or not amidst multiple influential factors. The underlying principle is simple: if a trend comes along with a high volume, it shows much more strength than the trend with a weak volume.

Ease of Movement (EOM or EMV)

Ease of Movement indicator clarifies the relationship between price and volume so that the strength of an underlying trend can be under the spotlight. Simply put, the tool helps swing traders determine whether prices can rise, or fall, with little resistance in certain movement directions.

Relative Strength Index (RSI)

Relative strength index is helpful to determine whether a stock’s price is strong or not. So, it is among the crucial momentum indicators in technical analysis. Specifically, it gauges the speed and magnitude of an asset’s recent price changes to assess overvalued or undervalued conditions.

Stochastic Oscillator

Stochastic oscillator is an indicator that has the same operating system as the RSI. It indicates the market movements through the comparison of the closing price of a market to the range of its prices in a specific period. The difference between a stochastic oscillator with RSI is the inclusion of two lines – one indicates the current value of the oscillator, and another line shows a three-day moving average (MA).

MACD

MACD stands for Moving Average Convergence Divergence. This trend-following momentum indicator points out the relationship between two moving averages of an underlying asset’s price. You can get the result of MACD by subtracting the 26-period EMA from the 12-period EMA.

Bollinger Band

A Bollinger band, a technical analysis tool, entails a group of trendlines with two standard deviations. These deviations are apart from a simple moving average (SMA) of an asset’s price. A well-known technical trader, John Bollinger, was the man behind this tool. He developed this tool to uncover the opportunities that enable swing traders and investors to accurately identify the timing of an overbought/oversold asset.

Bullish Candlestick Reversal Patterns

There are five powerful patterns that showcase bullish candlestick reversals, such as hammer, piercing, bullish engulfing, morning star, and three white soldiers.

The creation of a hammer pattern takes place when the open and close prices meet each other. It comprises a lower shadow that is twice as long as the real body.

Piercing pattern is a candlestick pattern that offers us potential bullish reversal signs near the support levels when a downtrend ends.

Bullish engulfing informs a potential reversal from a downtrend as more buyers join the market and move the prices up after a long period of downward movement.

Morningstar is a triple pattern of candlesticks telling us a bullish reversal in advance. In other words, it warns us of the upcoming uptrends.

Three white soldiers, also a bullish candlestick pattern, takes place at the end of a downtrend and showcases a bullish reversal. It includes three long bullish candlesticks that are green in color but not long shadows.

Other Indicators used for Swing Trading

Support and Resistance

Support and resistance refer to areas on a market’s chart with challenges of crossing. They create the basis of main technical strategies for many trading types, and swing trading is no exception.

Patterns

There are many swing trading patterns that you can use as hints for potential uptrends and reversals.

Wedges help you identify reversals. If a wedge falls on a falling market or rises on a rising market, it can be a signal of an upcoming price reversal.

Pennants can be a factor leading to new breakouts as the market consolidates after a considerable price action.

Triangles are a precursor to a breakout in the case of the pattern’s invalidation.

Standard head and shoulders are the pre-ups for bear markets. Meanwhile, inverse ones can be the beginning of uptrends.

How to Start Using Swing Trading Indicators

These tools will be a great help for swing traders to identify the timing and methods of opening trade or position. You can find optimal entry points with the aid of the signals that the superior features of these tools can offer.

Why Should use Swing Trading Indicators

The swing trading indicators that we introduce in this article are the basic tools that many swing traders have used to better their trades. You can see those indicators showcase three primary dimensions of a trade, including trend strength, momentum, and volumes. Article Source: https://libraryoftrader.net/swing-trading-indicators

[volatileoptions]

Chart setup

Bollinger Bands

5 SMA

10 SMA

Volume

Stochastics

MACD

RSI

Bollinger Band

Bollinger Bands are used to show high and low prices of a stock. Prices are high at the upper band and low at the lower band. This is used for pattern recognition and is helpful in comparing price action to the action of indicators to help make a trading decision.

Simple Moving Average

SMA is the the average price over the specified period. The average is called "moving" because it is plotted on the chart bar by bar, forming a line that moves along the chart as the average value changes.

Volume

Volume is the amount (total number) of a security that was traded during a specific time period. The volume is measured on stocks, bonds, options contracts, futures contracts and commodities.

Stochastics

Stochastics is a momentum indicator that compares closing price of a security to the range of its prices over a certain time period.

MACD

MACD reveals changes in the strength, direction, momentum, and duration of a trend in a stock's price.

RSI

Is used to chart the current and historical strength or weakness of a stock based on the closing prices of during a recent trading timeframe.

Chart Example

How I Trade

I use the 1,5 and 10 minute chart to day trade

I use the 30 and 60 minute charts plus the daily chart for swing trades

I never buy calls below the mid bollinger band

I never buy puts above the mid bollinger band

I never use more than 10% of my account to play weeklies

I never use more than 10% of my account on a swing trade

I have my stops and profit targets determined before I enter a trade

I never trade on margin and I use a cash account

More Resources

If you are looking for expert one on one mentorship, then I recommend checking out this webinar here. He is honestly the best Options trader that I know and he taught me everything I know. Plus you get a daily premarket trade of the day and access to his extensive library of educational videos. Click the link here and enjoy this free webinar and learn these 3 strategies to dominate the markets daily!

Dedicated to your future success,

Nathan

[forexrealbroker]

The Beginners Guide To Best Trading Strategy

Forex is a combination of foreign currency and exchange. exchange is that the method of fixing one currency into another currency for a huge sort of reasons, including:

• Commerce • Trading • Tourism

Forex, or exchange, is explained as a network of patrons and sellers, WHO transfers currency between associateother} at an united value. By doing these people, corporations and central banks convert one currency into another. whereas plenty of exchange is finished for sensible functions, the overwhelming majority of currency conversion is undertaken with the aim of earning a profit.

Learning the way to trade Forex are often an advanced method for beginners. the general public have a dream of obtaining wealthy long, which can prove precisely as false because it sounds. the globe of Forex commerce are often overwhelming, particularly after you area unit new the sport, and don’t grasp or perceive the principles yet. There area unit plenty of figures concerning several|what percentage|what number} traders with success build cash and the way many traders occur a loss of cash. the foremost common figure appears to be that ninetieth of traders occur a loss of cash, and solely 100 percent of traders area unit systematically profitable. what's it that this 100 percent do that place them during this league? initial, you'll need:

• A fast wit • The ability to figure and keep calm below stress • The courageousness to require risks • Persistence a • The ability to create fast selections

Decoding the foremost common terms employed in forex can speed up traders understanding of the globe of currencies: Currency Nicknames:

• Single Currency – EUR (Euro) • Loonie – CAD (Canadian dollar) • Swissie– CHF (Swiss franc) • Aussie – AUD (Australian dollar) • Kiwi – NZD (New Seeland dollar) • Greenback, Buck – USD (U.S. dollar) • Sterling, quid – GBP (British pound)

-Popular phrases

• Going Long – gap a optimistic (buying) trade • Going Short – gap a pessimistic (selling) trade • Cutting Short – to shut a losing position early • Plunging – A value that’s sinking or falling from its previous worth • Currency rallying – A value that recovers when a amount of its decline • Position Trading–Trading with Brobdingnagian stop-losses for many months to years, while not being too involved with short term movements in quality costs

Technical Indicators in Forex commerce methods Technical indicators area unit the calculations supported the worth and volume of security and area unit used each to substantiate the trend and therefore the quality of chart patterns, and to assist traders verify the obtain and sell signals.

• Moving Average • Bollinger Bands • Relative Strength Index (RSI) • Stochastic generator • Moving Average Convergence/Divergence (MACD) • RSI-Bars • ADX • Momentum

In Forex technical analysis a chart may be a graphical depiction of value movements over an explicit time-frame. It will show security’s value movement over a month or a year amount.

The Best Forex commerce methods are:

Perhaps the most important a part of forex commerce methods relies on the most sorts of Forex marketing research wont to perceive the market movement.

1. Forex Technical Analysis methods

What is Forex technical analysis? Forex technical analysis is that the study of market action by the first use of charts for the aim of prediction future value trends. Forex traders can develop best strategies and tips of trading based on various technical analysis tools together with –

• Market trends • Volume • Range • Support • Resistance levels • Chart patterns • Indicators

Forex traders will conduct a Multiple time-frame Analysis by the utilization of various timeframe charts. Technical analysis methods area unit an important methodology of evaluating assets supported the analysis and statistics of past market action, past costs and past volume.

2. Forex trend commerce Strategy

Trends represents one in every of the foremost essential ideas in technical analysis.All the technical analysis tools that area unit used have one purpose which is to assist determine the market trends. what's Forex Trend? very like the other trend as an example in fashion- it's the direction within which the market moves. a lot of exactly sensible to grasp, the exchange market doesn't move in an exceedingly line, however a lot of in sequent waves with clear peaks or highs and lows. looking on the movement of those ‘highs and lows’ one will then perceive the trend’s sort. There area unit 3 sorts of trends that the market will move in:

• Uptrend • Downtrend • Sideways Traders and investors confront 3 sorts of decisions: • To buy • To sell • Do nothing

Learn how to trade Forex. transfer our free e-book

During any kind of trend, traders ought to develop a particular strategy. The shopping for strategy is desirable once the market goes up and equally the commercialism strategy may be profitable once the market goes down. however once the market moves sideways the third possibility – to remain aside– are the cleverest call.

3. Support and Resistance commerce Strategy

In order to completely perceive the core of the support and resistance commerce strategy, traders ought to perceive what a horizontal level is. A horizontal level is:

 A price index indicating either a support or resistance within the market. In technical terms – value lows and highs severally.

The term support indicates:

The space on the chart wherever the shopping for interest ispointedlystrong and exceeds the commercialism pressure.

The Resistance level indicates:

An space on the chart wherever commercialism interest overpowers shopping for pressure. It isusually markedby previous peaks.

In order to develop a support andresistance strategy traders ought to be conscious of however the trend is known through these horizontal levels.

4. Forex RangeTrading Strategy

What is vary trading?

• A vary commerce strategy (Channel trading) is generally related to the shortage of market direction and it's used throughout the absence of a trend.

Range trading identifies currency price movement in channels to find the range. This process is carried out by connecting a series of highs and lows with a horizontal trendline.

5. Forex Volume trading strategy

The volume shows the number of securities that are traded over a particular time.

• Higher volume = higher degree of intensity or pressure.

In order to determine the upward or downward movement of the volume, traders should look at the trading volume bars usually presented at the bottom of the chart.Any price movement is more significant if accompanied by a relatively high volume + a weak volume. Take note:Not all volume types may influence the trade, it’s the volume of large amounts of money that is traded within the same day and greatly affects the market.

6. Multiple Time Frame Analysis Strategy

Using Multiple Time Frame Analysis suggests following a certain security price over different time frames. Itisa very useful strategy for traders to analyse various time frames while determining the “trading circle” of the security. Through the Multiple Time Frame Analysis (MTFA) traders can regulate the trend both on smaller and bigger scales and recognize the overall market trend. The whole process of MTFA starts with the exact identification of the market direction on higher time frames (long, short or intermediary) and analysing it through lower time frames starting from a 5-minute chart.

7. Forex Trading Strategy Based on Fundamental Analysis

While technical analysis is focused on the study and past performance of market action, Forex fundamental analysis focusses on the fundamental reasons that make an influence on the market direction.

8. Forex Trading Strategy Based on Market Sentiment

Market sentiment is defined by investors’ attitude towards the financial market or particular security. What and how people feel and how it behaves in Forex market is the notion behind the market sentiment strategy. Forex trading strategies can also be developed by following popular trading styles including day trading, carry trade, buy and hold strategy, hedging, portfolio trading, spread trading, swing trading, order trading and algorithmic trading.

Selecting A Trading Strategy

Selecting a trading strategy doesn’t have to be complicated and you don’t have to stick with just one. A key thing to remember is that the best traders are adaptable and can change their trading strategy based on opportunities. Therefore, it’s a good idea to learn about each individual trading strategy and by combining different approaches to trading, you will become adaptive to each situation. Nevertheless, remember not to become disheartened if you encounter initial losses on your capital. Patience is key when learning to become a successful trader, and mistakes and losses are inevitable in order to grow and develop your trading skills. Successful traders often track their profits and losses, which helps to maintain their consistency and discipline across all trades. Read full review and article- Tips and Strategies for trading on Xlntrade that could help to improve your trade performance.

[jacobhinkley]

Litecoin [LTC], need for new strategies? – Sentiment Analysis – April 18

Most of the cryptocurrencies appear to be consolidating above their various crucial levels. Ethereum [ETH] is up and above the $500 mark and was seen to be trading at 2:17 PM UTC at $514.80 with a market capitalization of $50.911 billion. Verge [XVG] on the other hand has shown high volatility as the gains that the coin had were reversed after the partnership announcement with Pornhub. There were a lot of claims that the coin would benefit from the new partnership but it dropped almost instantly by 28% which leveled the gain of 28% made by the coin. It went down to a swing low of $0.071 which is the lowest in the last 7 days. The coin also dropped down in the ranking but it was quick to get back up. Currently, it is ranked at the 23rd spot. The dip cost the coin a market capitalization over $450 million pushing it down in the rankings.

The segment called sentiment analysis comprises of sentiments and expert opinions of people from around the world. These comments are on the current market trends and the possible outcomes of the coins in the future. For this purpose, a group of investors, miners, skeptics, analysts, influencers, were interviewed and based on their valuable comments, this segment is carefully structured. This analysis will be on Litecoin [LTC] which is at the 5th spot in the rankings.

Litecoin [LTC]

Litecoin looks green with a 0.14% gain in the last 24 hours. The coin, at 2.30 PM UTC was seen to be trading at $137 with a market capitalization of $7.693 billion. The $135 mark was the previous high by the coin and it was broken yesterday. There is a bullish momentum for the coin at the present moment. It is likely to hike till the $140-$145 levels which act as a resistance for the coin. There is a strong support for the coin at $120 and the gap between the 50 SMA and the 100 SMA is narrowing.

Daniel Henderson, a Litecoin investor from Portland says:

“LTC has rallied of the double bottom along with the squeeze of Bollinger Bands. My personal advise is to HODL till the price peaks. Possible sell point is at the $156-159 levels. The trend lines indicate a bearish trend but if it breaks out of the pattern, a bull run can be expected.”

John Moore, a miner from York says:

“The trend seem to be bearish at the present moment for Litecoin if it drops below the $135 mark. The stochastic RSI is currently in the overbought position which might help the coin to consolidate at this level for some time. The MACD had crossed which resulted in the recent bull run.”

Omkar Singh, an altcoin correspondent from Mumbai says:

“Litecoin is very much undervalued in the present times. The Litecoin supply in circulation now is 56 million out of the available 84 million. This means that almost 2/3rds of the total is in circulation which leaves a total of 28 million to be mined.”

To conclude, 54% of Litecoin respondents feel that the coin is doing well and is looking for a breakout. They feel that the price may drop in future but not at the present moment. Another 46% of the Litecoin respondents feel bearish as the indicators show a bearish flag formation.

The post Litecoin [LTC], need for new strategies? – Sentiment Analysis – April 18 appeared first on AMBCrypto.

Litecoin [LTC], need for new strategies? – Sentiment Analysis – April 18 published first on https://medium.com/@smartoptions

[stochastic-macd]

Elliott Wave Analyst Analyzes An American Stock And Answers Questions Learn more.

[triangle2828]

How To Use Relative Strength Index Oscillator To Pinpoint The Motive Elliott Wave Precisely Revealing a simple but powerful Elliott wave trading strategy that relies on the Relative Strength Index oscillator significant peaks to pinpoint the motive Elliott wave fast. In this instance, the motive wave is the trending phase of the Elliott wave cycle that is subdivided into first, second, third, fourth and fifth Elliott waves. Talking Points 1/ Pinpointing the motive Elliott wave before it starts. 2/ Explaining the Relative Strength Index oscillator's peaks. 3/ What to expect when the Relative Strength Index oscillator is at a significant peak. 4/ Applying RSI's peak strategy to pinpoint the motive Elliott wave of the Micron Technology (MU) stock. 5/ Referring Elliott traders to another video titled: How To Trade Relative Strength Index' Significant Peaks Like A Pro by Dayprotraders YouTube channel. 6/ Revealing the practical and efficient way to use this strategy to pinpoint the motive Elliott wave. Learn more. http://www.24elliottwaves.com/ http://www.dayprotraders.com/rsioscillator.htm Combining Elliott Wave And RSI Indicator (playlist) goo.gl/vh2XNi How To Trade Relative Strength Index Significant Peaks Like A Pro https://youtu.be/N2lRfELWmjc

[bobjlower]

Making Sense Of Charts – 8 Ways To Understand Any Market

Do you often change your trading approach because you don’t know what works and what doesn’t? Are you still looking for a way to analyze charts effectively? You are unsure about how to use the right trading tools?

Most traders do not follow a professional approach and just flip through timeframes and constantly change their tools without really knowing what to look for and how to find trades. They hunt for signals and want consistent results without having a consistent approach.

In this article I want to help you make sense of price charts in a clear and structured way. I am introducing 8 ways how you could make sense of any chart. You do not have to use all at once, but pick one, two or three and try to combine them. Don’t jump around but see what makes sense to you and then stick to it.

 We have done the hard work for you and if you want to shortcut your learning curve and get our ready-to-use trading strategies, you can join our trading courses here and get immediate access to our video courses and setups:

Tradeciety Trading Courses

 1 – Higher time-frame perspective

If you usually trade the 4H or 1H charts, start your analysis on the Daily or Weekly chart to get some perspective. What looks like a strong trend on the 1H chart, can easily be just a range move on the 4H chart. Furthermore, traders who do not look at the higher time-frames often risk overlooking important price areas and support and resistance levels which then create problems for their trades on the lower timeframes.

Furthermore, the way our price charts are zoomed and scaled depending on our screens can have a significant impact. Zooming out and taking a bird’s eye view can often provide a very different picture.

The left Head and Shoulders pattern on the 1H timeframe happened at the resistance level at point (4) on the right Daily timeframe. Taking a higher timeframe perspective, you can often find confluence factors for your trade timing.

 2 – Highs and lows 

Being aware of highs and lows is crucial for a number of reasons.

First, they are being watched by almost all types of traders whether they are purely technical or trade fundamentals. And even the financial media often refers to major highs and lows.

Second, traders use highs and lows to time their entries, especially when it comes to breakout and trend following trading. Stop placement and target setting is usually also done by considering previous highs and lows.

Furthermore, all technical chart patterns can be described just using highs and lows and, thus, being a trader who can interpret the way highs and lows shape on your charts can help you avoid the template thinking.

 3 –  Support and resistance levels

Many traders get lost drawing too many support and resistance levels at every possible price level. Instead, just focus on the most important turning points and always keep your charts fresh and only use the most recent price history.

Focus just on the most important and the most obvious levels close to current price and do not obsess about every little reaction. Paralysis by analysis is an issue that many traders face because they draw too many lines.

click to enlarge

 4 – Channels and trendlines

Channels and trendlines are similar to support and resistance and they are also the building blocks of many chart patterns such as the triangle or wedges – one we can see below.

Trendlines can be used to analyze trend strength when we look at how strong a trendline rises or falls. When price pulls away from a trendline or fails to move away from it, those can be important tells about the trend strength as well.

A break of a trendline can often foreshadow a new trend direction when the price fails to continue the previous trend direction.

  5 –  Moving averages

Moving averages are a wonderful tool and they can be used in many different ways.

First, you should identify on which side of the moving average the price is on. When the price is above a moving average it can signal more bullish sentiment and vice versa. Many strategies use moving averages as such a directional filter.

Second, analyze how far price is away from the moving average. The further away price is away from a moving average, the stronger the trend usually.

A break of a moving average or a cross-over are important momentum signals that can foreshadow a change in trend direction and are used by many traders.

Moving averages can act as support and resistance as well.  Some markets respond more to different moving averages and being aware of it, can help your analysis.

 6 – Volatility

click to enlarge

Understanding volatility is important to make sense of current sentiment and to adapt with your trading approach to the changing market conditions. There are three ways to interpret volatility:

1) Price information: Do you see lots of large candles with relatively long wicks or are the candle bodies and wicks relatively small? The long the candles and the wicks, the higher the volatility.

2) ATR indicator: The ATR indicator analyzes price information. A high ATR means that the past price range was relatively high (large candle bodies and large wicks). A low ATR means that price didn’t move as much during the duration of a candle.

3) Bollinger Bands®. Widening Bollinger Bands show rising volatility, whereas narrow Bollinger Bands show lower volatility. The relation of price and the outer Bands is also important – if price can stay outside the outer Bands, it can signal a strong trend.

Traders generally use volatility to manage their trades and orders. When volatility is high, a wider stop and target are usually used because the market swings more. When the market is calm and volatility is low, traders would then use a narrower stop and target because the price does not move as much.

 7 – Momentum and trend strength

Understanding the strength of a price move and a trend is very important to estimate whether the trend is likely to continue, if support and resistance levels are likely to break or if a reversal could be coming soon if momentum is declining. We must understand momentum to make decisions about staying in a trade, getting out or adding to the position.

To interpret momentum, there are three tools that can help you:

1) RSI indicator. The RSI indicator compares bullish and bearish strength. A high RSI signals that past price action was (very) bullish and a low RSI means that bears are in control.

2) The ADX indicator. The ADX is probably among the most commonly used trend strength indicators. An ADX below 25 is signaling a range market. An ADX between 25 and 50 is indicating a trending market and an ADX reading above 50 is signaling a strong trend.

3) The Stochastic indicator. Although people believe that the Stochastic is a range indicator, it also provides information about momentum. If the Stochastic stays above 80 or below 20 for a long time, it can signal strong momentum and a strong trend. Contrary to popular believe the Stochastic does not show overbought or oversold price levels but it is a trend indicator.

 8 – Divergences and turning points

Divergences are a powerful concept because they provide information that are often not visible at first glance.

A divergence can signal that price is losing momentum, even though the price is making higher highs and lower lows.  When the price moves become weaker and the price has problems continuing the trend direction, the divergence will pick up the clues and signal a potential end or a pause of a trend.

The screenshot below shows that although the price continued the downtrend, the RSI already found that the strength of the move was fading. When the RSI shows 38 during the last low point, compared to 18 during the previous low, the divergence signaled the trend reversal.

 Now it is up to you to use this knowledge to make educated trading decisions. As I said in the beginning, try combining two or three concepts and build rules around it to make sense of charts, time trades and improve your edge.

We have done the hard work for you and if you want to shortcut your learning curve and get our ready-to-use trading strategies, you can join our trading courses here and get immediate access to our video courses and setups:

Tradeciety Trading Courses

The post Making Sense Of Charts – 8 Ways To Understand Any Market appeared first on Tradeciety Trading Academy.

Making Sense Of Charts – 8 Ways To Understand Any Market published first on your-t1-blog-url

[profoundlyatomiccollectora]

Best Volatilité forex trading systems | Damiani Volameter system

Best Volatilité forex trading systems | Damiani Volameter system

Best Volatilité forex trading systems | Damiani Volameter system

Best Volatilité forex trading systems | Damiani Volameter system presentation :

It works on a high calendar such as 30 times or the 1 hour. This is applicable to all the pairs of currencies.

" The Plan is calculated by taking 10 periods SMA the absolved difference between the open position and is high or low, according to the difference is smaller.

It represents the average movement of the prices / minimum gap from the price opened during a period of time, and this value is used to calculate the thresholds of small groups for the current trading session.

This can be used to draw a breakout multi-timeframe channel.

This indicator is used to measure the gap between movement.

read also : "  5 min binary option trading strategies "

                     "  global trading systems | Pivot Points with ShootingStar Reversal Pattern "

                     "  breakout trading systems | How the False  business(trade) explosions "

Indicators Forex:

Stretchable indicator  (10, 12, period);

Golminer 2 indicator (ssp 7);

Damiani Volameter regulation by default;

Nina StepMA_Stoch regulation by default;

This arrow of indicator signal can be modified with another one. it is just an example. The important thing is to show how the stretchable indicator volameter Damiani and well to work together,);

Daily pivot.

Buy Entrance(Entry):

Stochastic indicator Nina Step Arrows Blue;

Damiani Volameter 3.2 lines green is superior to the grey line;

Gold digger 2 colors of aqua;

The green bars of indicators stretch material is superior to the period MA.

Sell Entrance(Entry):

Stochastic indicator Nina Step Arrows Red;

Damiani Volameter 3.2 lines green is superior to the grey line;

Gold digger 2 red color;

The green bars of indicators stretch material is superior to the period of MA.

You can leave the position at the level of the point of pivot.

Result(Profit) targets predetermined which depends on deadlines(extensions) and on pairs of currencies;

Stop loss initially in the previous swing.

read also : " chase renko trading systems "

                  "  Pin Bar forex scalping systems "

                  " Bollinger Band is best forex trading systems "

Installation instructions Strategies Forex Trading

Stretchable indicator and strategy Volatility Damiani Volameter Forex is a combination of Metatrader 4 (MT4) indicator and a model.

The gasoline of this strategy of forex is to transform the accumulated historical data and the signals of trading.

Stretchable indicator and strategy Volatility Damiani Volameter Forex offers an opportunity to detect diverse peculiarities and models in the dynamics of the prices which are invisible to the naked eye.

On the basis of this information, the storekeepers can assume the pursuit of the movement of the prices and adjust this strategy accordingly.

Forex Metatrader 4 Platform of Trading

Free $30 to begin to trader immediately 

no required deposit 

Deducted automatically from your account 

hidden not Conditions

Best Volatilité forex trading systems | Damiani Volameter system

How to install the stretchable indicator and the strategy Volatility Damiani Volameter Forex?

Download indicator Stretch material and Damiani Volameter Forex Volatilité Strategy.zip

Copy files mq4 and EX4 in your directory Metatrader / experts/indicators/

Copy the file tpl (Model) in your directory Metatrader / models/

Start or restart your customer Metatrader

Select Chart and calendar(timetable) where you want to test your strategy of forex

Make a right click on your card(map) of negotiation and glide over "Modèle"

Move towards the right to select the stretchable indicator and the strategy Volatility Damiani Volameter Forex

You will see the stretchable indicator and strategy Volatility Damiani Volameter Forex is available on your graph

Download Best Volatilité forex trading systems | Damiani Volameter system

Best Volatilité forex trading systems | Damiani Volameter system Forex Trading Systems, forex volatilité systems from ProForex http://ift.tt/2zrXXyl via IFTTT

[lazilyraianyinternet]

Best Volatilité forex trading systems | Damiani Volameter system

Best Volatilité forex trading systems | Damiani Volameter system

Best Volatilité forex trading systems | Damiani Volameter system

Best Volatilité forex trading systems | Damiani Volameter system presentation :

It works on a high calendar such as 30 times or the 1 hour. This is applicable to all the pairs of currencies.

" The Plan is calculated by taking 10 periods SMA the absolved difference between the open position and is high or low, according to the difference is smaller.

It represents the average movement of the prices / minimum gap from the price opened during a period of time, and this value is used to calculate the thresholds of small groups for the current trading session.

This can be used to draw a breakout multi-timeframe channel.

This indicator is used to measure the gap between movement.

read also : "  5 min binary option trading strategies "

                     "  global trading systems | Pivot Points with ShootingStar Reversal Pattern "

                     "  breakout trading systems | How the False  business(trade) explosions "

Indicators Forex:

Stretchable indicator  (10, 12, period);

Golminer 2 indicator (ssp 7);

Damiani Volameter regulation by default;

Nina StepMA_Stoch regulation by default;

This arrow of indicator signal can be modified with another one. it is just an example. The important thing is to show how the stretchable indicator volameter Damiani and well to work together,);

Daily pivot.

Buy Entrance(Entry):

Stochastic indicator Nina Step Arrows Blue;

Damiani Volameter 3.2 lines green is superior to the grey line;

Gold digger 2 colors of aqua;

The green bars of indicators stretch material is superior to the period MA.

Sell Entrance(Entry):

Stochastic indicator Nina Step Arrows Red;

Damiani Volameter 3.2 lines green is superior to the grey line;

Gold digger 2 red color;

The green bars of indicators stretch material is superior to the period of MA.

You can leave the position at the level of the point of pivot.

Result(Profit) targets predetermined which depends on deadlines(extensions) and on pairs of currencies;

Stop loss initially in the previous swing.

read also : " chase renko trading systems "

                  "  Pin Bar forex scalping systems "

                  " Bollinger Band is best forex trading systems "

Installation instructions Strategies Forex Trading

Stretchable indicator and strategy Volatility Damiani Volameter Forex is a combination of Metatrader 4 (MT4) indicator and a model.

The gasoline of this strategy of forex is to transform the accumulated historical data and the signals of trading.

Stretchable indicator and strategy Volatility Damiani Volameter Forex offers an opportunity to detect diverse peculiarities and models in the dynamics of the prices which are invisible to the naked eye.

On the basis of this information, the storekeepers can assume the pursuit of the movement of the prices and adjust this strategy accordingly.

Forex Metatrader 4 Platform of Trading

Free $30 to begin to trader immediately 

no required deposit 

Deducted automatically from your account 

hidden not Conditions

Best Volatilité forex trading systems | Damiani Volameter system

How to install the stretchable indicator and the strategy Volatility Damiani Volameter Forex?

Download indicator Stretch material and Damiani Volameter Forex Volatilité Strategy.zip

Copy files mq4 and EX4 in your directory Metatrader / experts/indicators/

Copy the file tpl (Model) in your directory Metatrader / models/

Start or restart your customer Metatrader

Select Chart and calendar(timetable) where you want to test your strategy of forex

Make a right click on your card(map) of negotiation and glide over "Modèle"

Move towards the right to select the stretchable indicator and the strategy Volatility Damiani Volameter Forex

You will see the stretchable indicator and strategy Volatility Damiani Volameter Forex is available on your graph

Download Best Volatilité forex trading systems | Damiani Volameter system

Best Volatilité forex trading systems | Damiani Volameter system Forex Trading Systems, forex volatilité systems from ProForex http://ift.tt/2yL9ERj via IFTTT

[noisilyscreechingkingdomz]

Best Volatilité forex trading systems | Damiani Volameter system

Best Volatilité forex trading systems | Damiani Volameter system

Best Volatilité forex trading systems | Damiani Volameter system

Best Volatilité forex trading systems | Damiani Volameter system presentation :

It works on a high calendar such as 30 times or the 1 hour. This is applicable to all the pairs of currencies.

" The Plan is calculated by taking 10 periods SMA the absolved difference between the open position and is high or low, according to the difference is smaller.

It represents the average movement of the prices / minimum gap from the price opened during a period of time, and this value is used to calculate the thresholds of small groups for the current trading session.

This can be used to draw a breakout multi-timeframe channel.

This indicator is used to measure the gap between movement.

read also : "  5 min binary option trading strategies "

                     "  global trading systems | Pivot Points with ShootingStar Reversal Pattern "

                     "  breakout trading systems | How the False  business(trade) explosions "

Indicators Forex:

Stretchable indicator  (10, 12, period);

Golminer 2 indicator (ssp 7);

Damiani Volameter regulation by default;

Nina StepMA_Stoch regulation by default;

This arrow of indicator signal can be modified with another one. it is just an example. The important thing is to show how the stretchable indicator volameter Damiani and well to work together,);

Daily pivot.

Buy Entrance(Entry):

Stochastic indicator Nina Step Arrows Blue;

Damiani Volameter 3.2 lines green is superior to the grey line;

Gold digger 2 colors of aqua;

The green bars of indicators stretch material is superior to the period MA.

Sell Entrance(Entry):

Stochastic indicator Nina Step Arrows Red;

Damiani Volameter 3.2 lines green is superior to the grey line;

Gold digger 2 red color;

The green bars of indicators stretch material is superior to the period of MA.

You can leave the position at the level of the point of pivot.

Result(Profit) targets predetermined which depends on deadlines(extensions) and on pairs of currencies;

Stop loss initially in the previous swing.

read also : " chase renko trading systems "

                  "  Pin Bar forex scalping systems "

                  " Bollinger Band is best forex trading systems "

Installation instructions Strategies Forex Trading

Stretchable indicator and strategy Volatility Damiani Volameter Forex is a combination of Metatrader 4 (MT4) indicator and a model.

The gasoline of this strategy of forex is to transform the accumulated historical data and the signals of trading.

Stretchable indicator and strategy Volatility Damiani Volameter Forex offers an opportunity to detect diverse peculiarities and models in the dynamics of the prices which are invisible to the naked eye.

On the basis of this information, the storekeepers can assume the pursuit of the movement of the prices and adjust this strategy accordingly.

Forex Metatrader 4 Platform of Trading

Free $30 to begin to trader immediately 

no required deposit 

Deducted automatically from your account 

hidden not Conditions

Best Volatilité forex trading systems | Damiani Volameter system

How to install the stretchable indicator and the strategy Volatility Damiani Volameter Forex?

Download indicator Stretch material and Damiani Volameter Forex Volatilité Strategy.zip

Copy files mq4 and EX4 in your directory Metatrader / experts/indicators/

Copy the file tpl (Model) in your directory Metatrader / models/

Start or restart your customer Metatrader

Select Chart and calendar(timetable) where you want to test your strategy of forex

Make a right click on your card(map) of negotiation and glide over "Modèle"

Move towards the right to select the stretchable indicator and the strategy Volatility Damiani Volameter Forex

You will see the stretchable indicator and strategy Volatility Damiani Volameter Forex is available on your graph

Download Best Volatilité forex trading systems | Damiani Volameter system

Best Volatilité forex trading systems | Damiani Volameter system Forex Trading Systems, forex volatilité systems from ProForex http://ift.tt/2hY4zdV via IFTTT

[generouzslyfamouscollection]

Best Volatilité forex trading systems | Damiani Volameter system

Best Volatilité forex trading systems | Damiani Volameter system

Best Volatilité forex trading systems | Damiani Volameter system

Best Volatilité forex trading systems | Damiani Volameter system presentation :

It works on a high calendar such as 30 times or the 1 hour. This is applicable to all the pairs of currencies.

" The Plan is calculated by taking 10 periods SMA the absolved difference between the open position and is high or low, according to the difference is smaller.

It represents the average movement of the prices / minimum gap from the price opened during a period of time, and this value is used to calculate the thresholds of small groups for the current trading session.

This can be used to draw a breakout multi-timeframe channel.

This indicator is used to measure the gap between movement.

read also : "  5 min binary option trading strategies "

                     "  global trading systems | Pivot Points with ShootingStar Reversal Pattern "

                     "  breakout trading systems | How the False  business(trade) explosions "

Indicators Forex:

Stretchable indicator  (10, 12, period);

Golminer 2 indicator (ssp 7);

Damiani Volameter regulation by default;

Nina StepMA_Stoch regulation by default;

This arrow of indicator signal can be modified with another one. it is just an example. The important thing is to show how the stretchable indicator volameter Damiani and well to work together,);

Daily pivot.

Buy Entrance(Entry):

Stochastic indicator Nina Step Arrows Blue;

Damiani Volameter 3.2 lines green is superior to the grey line;

Gold digger 2 colors of aqua;

The green bars of indicators stretch material is superior to the period MA.

Sell Entrance(Entry):

Stochastic indicator Nina Step Arrows Red;

Damiani Volameter 3.2 lines green is superior to the grey line;

Gold digger 2 red color;

The green bars of indicators stretch material is superior to the period of MA.

You can leave the position at the level of the point of pivot.

Result(Profit) targets predetermined which depends on deadlines(extensions) and on pairs of currencies;

Stop loss initially in the previous swing.

read also : " chase renko trading systems "

                  "  Pin Bar forex scalping systems "

                  " Bollinger Band is best forex trading systems "

Installation instructions Strategies Forex Trading

Stretchable indicator and strategy Volatility Damiani Volameter Forex is a combination of Metatrader 4 (MT4) indicator and a model.

The gasoline of this strategy of forex is to transform the accumulated historical data and the signals of trading.

Stretchable indicator and strategy Volatility Damiani Volameter Forex offers an opportunity to detect diverse peculiarities and models in the dynamics of the prices which are invisible to the naked eye.

On the basis of this information, the storekeepers can assume the pursuit of the movement of the prices and adjust this strategy accordingly.

Forex Metatrader 4 Platform of Trading

Free $30 to begin to trader immediately 

no required deposit 

Deducted automatically from your account 

hidden not Conditions

Best Volatilité forex trading systems | Damiani Volameter system

How to install the stretchable indicator and the strategy Volatility Damiani Volameter Forex?

Download indicator Stretch material and Damiani Volameter Forex Volatilité Strategy.zip

Copy files mq4 and EX4 in your directory Metatrader / experts/indicators/

Copy the file tpl (Model) in your directory Metatrader / models/

Start or restart your customer Metatrader

Select Chart and calendar(timetable) where you want to test your strategy of forex

Make a right click on your card(map) of negotiation and glide over "Modèle"

Move towards the right to select the stretchable indicator and the strategy Volatility Damiani Volameter Forex

You will see the stretchable indicator and strategy Volatility Damiani Volameter Forex is available on your graph

Download Best Volatilité forex trading systems | Damiani Volameter system

Best Volatilité forex trading systems | Damiani Volameter system Forex Trading Systems, forex volatilité systems from ProForex http://ift.tt/2zIGKBm via IFTTT

[holdyourpistols-blog1]

Tangible And Intangible Advantages Of ERP System

As individual investors and traders, we have to continually scour the web and do our very own research for our The Intelligent Investor investments -- so here's my list of 10 top investing ideas for 2012 including stocks, commodities, ETFs, and mutual funds. The step to success as a property investor would be to have a proper offering system in place. In fact, we can hear news http://webcontent.harpercollins.com/text/excerpts/pdf/0060583282.pdf in regards to the commencement of recent commercial projects in Gurgaon regarding apartments or flats or houses in Gurgaon every day. Ivy League or Not.

This brings us to attitude. Of course, no one likes being forced to complete anything against his or her will. Among the analytical tools used by traders to discover the "when" and the "how much" are Accumulation/Distribution, Accumulation Swing Index, Bollinger Bands, Candlesticks, Candlevolume, Chaikin A/D Oscillator, Chaikin Money Flow, Chande Momentum Oscillator, Correlation Analysis, Demand Index, Directional Movement, Dynamic Momentum Index, Fibonacci Studies, Fourier Transforms, Gann Studies, Inertia, Linear Regression, MACD, MESA Sine Wave, Negative Volume Index, On Balance Volume, Parabolic SAR, Polarized Fractal Efficiency, Raff Regression Channel, Relative Momentum Index, Relative Strength Index, Standard Deviation, Speed Resistance Lines, Stochastic Momentum Index (and Oscillator), Time Series Forecast, various Valuation Studies, and lots of others. New investors should go through newspapers such as Wall Street Journal, which will familiarize the reader with insurance, stocks, investments etc. Not only will divorce split your assets in half, the legal bills can prove being enormous. MasterCard (MA) and Visa (V) make interesting choices as well, but they're not as undervalued. September 02, 2015 19:38:31. Nothing in this article is supposed to endorse any particular stock or investment product but and then present an idea of where you should begin researching a trading strategy. " I would also suggest the books of William O' Neil since he has a fundamental and technical perspective of stocks. com or BreakThrough@performtransform.

[stochastic-macd]

Income Investors' Strategy

Stochastic, MACD, Bollinger Bands Plus Day And Swing Traders

Income Investors' Strategy

When I was a child, I have always wanted to fly like a bird.  My favourite birth is the eagle because I want also to dominate the air like the king of the high places (eagle).

Then when I turned into an adult, I just wanted to work in the finance (accounting).  

Though I have never focused on the financial markets as such, I became very curious about trading and investing in 2003.  That was it.  I have been upgrading my status since then, and my goal is to become a fully fledged sophisticated market player.  

The reason why I start this article by telling you a bit about myself is because I do not want you to limit yourself or caged yourself into a box. 

That is why I want to talk to you about income investors' strategy.  May be you have probably heard about it or involved in it already.  Many armchair investors are already doing it.  May be this is your turn too.  Let's get started.