AUDUSD 4H AROON PULLBACKS & TREND TRADING STRATEGY#3 Aroon Pullback & Trend Trading Strategy
The Aroon-Up continuous reading close to the 100 level is an indication of a very strong trend. However, at some point in time one or two trade scenarios can happen:
To expect a trend reversal
Or, to expect a pullback
The Aroon interpretation of this type of reading suggests that we’ve been forming these higher highs for a very long period of time. For Aroon-Down we would be forming lower lows.
Often times these excessive readings on the Aroon oscillator signals the presence of a strong trend. However, if you’re looking to just scalp the market, you can exit your trade as soon as the Aroon-Up crosses below the centerline.
But, we’re looking to trade with the trend.
And, we have developed a proven way to differentiate between a pullback and a full reversal.
We call it the law of effort vs. result.
The effort is the activity measured by the Aroon lines (in our case Aroon-Up). And, the result is the activity measured by the price action. The theory is that if the Aroon-UP resets itself by moving away from the 100 readings and going to 0 readings, the price should follow the lead of the Aroon-Up reading.
We would expect the effort put to translate into lower prices. If it does not, and we see only a slight change in the price, we know the uptrend is very strong.
This is how you can catch pullbacks with Aroon and trend trading.
We combined the Aroon trend strength strategy and Aroon pullback trading strategy into one big market edge.
4h
EURUSD 4H AROON TREND STRENGTH STRATEGY#2 Aroon Trend Strength Strategy
The underlying strength of the trend can be revealed through the Aroon lines.
After we reach the 100 level sometimes we’re starting to get periods of little changes.
The Aroon UP will simply hang, kind of like reaching a plateau.
This is the same kind of activity that can be found when a traditional oscillator reaches overbought readings. And, it stays in overbought reading for a good amount of time.
The Aroon-Up continuous reading close to the 100 level is an indication of a very strong trend. However, at some point in time one or two trade scenarios can happen:
To expect a trend reversal
Or, to expect a pullback
EURJPY 4H AROON BREAKOUT TRADING STRATEGY#1 Aroon Breakout Trading Strategy
How to spot consolidation and trade breakouts with Aroon?
When Aroon Up and Aroon Down lines are parallel to each other it’s a signal that
the price is consolidating. The Aroon interpretation is that no new highs or lows are made during the default period.
You have two options to trade consolidations.
Wait for the breakout to happen and take the trade in the direction of the breakout.
Or, wait for the Aroon crossover followed by a centerline cross to add more confluence for the direction of the trade.
More often these Aroon signals will happen before the actual breakout.
So, you basically anticipate the breakout.
This is like front running all market participants.
You get to enter a trade before anyone else.
#bitcoin - Preparation for moveGood morning Traders,
I am looking at the 240 Chart of Bitcoin today, cause it makes sense: Tomorrow is Sunday and it´s not rare that moves happen then, starting off today evening or night-time.
As you can see clearly we are, also if you remember from the higher intervals where we are, that there is a lot of resistance ahead, that Bitcoin needs to break through, to break free.
As current supports on the 240 we have the Weekly AND the Monthly Pivot, which both formed the lower horizontal area for this consolidation. This marks our lower key-level. ($ 9 k)
As resistances, we have the former consolidation support from the Daily interval followed by the Daily close-close Trend line. After that everything seems minor, except the $ 10 k which is
obviously the psychological barrier to overcome. I don´t think it makes sense to define targets coming from a pattern here... it will have to be taken in stages.
Bitcoin has a tendency to break up especially when there is extra special resistance and nearly no support.
I am very curios how this is going to play out and if there is going to be a fake-out or not (in whatever direction).
Right now the price is a bit stuck between the red key-levels and although we had a little TB (TrendBuy-Signal) here it did not manage to break for now.
The 3 SMA´s are spreading and we managed to stay above the 50, this is good for now and 4H trend remains bullish.
____________________________________________________________________________
t.me/nerugroup
Warm regards,
Neru
4 h BTCUSDGood day guys!
A bit late with this chart, but something to keep an eye. Last times we had the 4 h EMA Golden cross it was during the consolidation triangle pattern, which gave us an upside, but then a dump. The one before it gave us the bull run which gave us the run up the 14k .
So eyes open people, this could be the starting of the up trend, though is bit too early. If we get too far away from the EMA's, it is a call for a pull back to the EMA's. The best would be to have a pull back in the region of 8500 and then a run up, but the market seems wanna move higher.
The Golden cross has to be taken cautiously, because it just crossed, so be careful.
What's next for BitcoinBitcoin looks good on the 4h. We could see a touch on the 21EMA, but we should be ready for a high within the next day or two. If this jump is anything like the last, this wave should take us around $10,000 at the least. We'll see what happens. Watch out for false breaks and plan stop loss appropriately!
Disclaimer: This is NOT trading advice! These are merely my opinions that I have posted for educational purposes only. I hope you all kill it, but I am not responsible for any financial losses. Thanks for reading!
LONG - ALGOUSDT - Trading OpportunityBINANCE:ALGOUSDT has reclaimed and retest the MA200 on the 4h chart beautifully, consolidating above this very important resistance, while also making some sorts of ascending triangle on the lower timeframes like 30min.
Entry: 0.2321
Target 1: 0.244
Target 2: 0.2751
SL: 0.2225
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LONG - FTM - Trading OpportunityReclaim of the MA200 seems like a likely opportunity for FTM to retest the high of the range that has been stablished here for quite some time now.
Entry: 0.00000143
Target 1: 0.00000154
Target 2: 0.00000171
SL: 0.00000137
CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position.
CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance 1.71% whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgement sums (including interest thereon).)
LONG - XEM - Trading OpportunityReclaim of the MA200 on the 4h chart, along with a hidden bullish divergence, probably a retest of the previous high on the way. Tight stop and close targets, as BTC is really volatile lately.
Entry: 0.00000474
Target 1: 0.00000491
Target 2: 0.00000525
SL: 0.00000462
CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position.
CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance 1.71% whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgement sums (including interest thereon).)
EURUSD 4H EFC INDICATOR STRATEGYEFC INDICATOR is a REVERSAL finding INDICATOR.
EFC INDICATOR finds your ENTRY SIGNAL.
EFC INDICATOR finds your STOP LOSS.
EFC INDICATOR finds your TAKE PROFIT.
EFC INDICATOR has an adjustable risk reward setting.
PM me is you have any questions about the EFX INDICATOR that I can help you with.