Day: May 7, 2019
33 posts
A quick move expected on NAS100 as it starts approaching a support line of a Falling Wedge
NAS100 is heading towards the support line of a Falling Wedge and could reach this point within the…
CA Ivey PMI s.a News Event – a possible $127.39 movement on USDCHF
CA Ivey PMI s.a News Event - a possible $127.39 movement on USDCHF
Trade of the Day: NZD/CHF
By: Dima Chernovolov NZD/CHF continues to fall inside the clear 4-hour Descending Triangle chart pattern which was recently identified by Autochartist. Autochartist rates the quality of daily this Descending Triangle at the 6-bar level – which is the result of the above-average Initial Trend and Uniformity (6 bars) and higher Clarity (7 bars). NZD/CHF is…
Trade of the Day: GBP/CAD
By: Dima Chernovolov GBP/CAD continues to fall inside the clear 4-hour Up Channel chart pattern which was recently identified by Autochartist. Autochartist rates the quality of daily this Up Channel at the 5-bar level – which is the result of the below-average Initial Trend and Uniformity (4 bars) and higher Clarity (7 bars). GBP/CAD is…
Trade of the Day: NZD/CHF
By: Dima Chernovolov NZD/CHF continues to rise in the direction of the 4-hour Key Resistance Level 0.6827 which was recently identified by Autochartist. Autochartist rates the quality of daily this Resistance Level at the 4-bar level – which is the result of the 4 previous reversals from this price level. NZD/CHF is expected to rise…
Trailing Stop Techniques: Candle High Candle Low And Average True Range
Trailing stops use price action to determine when to exit the market. The purpose of moving the stop is to reduce risk, eliminate risk and lock in profits. Let’s go over the specific techniques. X Candle High / X Candle Low Trailing Stop Technique This technique uses a set amount of closed candles in the…
The Ultimate Signal for Range Bound Trading
The single most evident quality of range bound is, quite simply, falling volatility or Standard Deviation. As Standard Deviation falls, the pair has smaller fluctuations and therefore is “bound” within a range. Likewise, when Standard Deviation is low we are stuck in a range. If we can time Standard Deviation (and we can), we can…
What to trade around the CA Ivey PMI s.a news event
What to trade around the CA Ivey PMI s.a news event
After testing the resistance line numerous times, 10 year US Treasury Note JUNE 2019 is once again approaching this line. Can we expect a bullish trend to follow?
The movement of 10 year US Treasury Note JUNE 2019 towards the resistance line of a Ascending Triangle…
CA Ivey PMI s.a News Event – a $193.11 opportunity on
CA Ivey PMI s.a News Event - a $193.11 opportunity on