A simple long-term T/F Stochastic Trick You Will Only Learn Here
Cast your minds back to the end of 2015 guys. I know you probably have no recall on the Gold-price.
So let me tell you how the Gold price was behaving at the end of 2015.
For several years prior (approximately) 2012-2015 the Gold Price was trending down to a support level around December 2015.
Now, take a look at the 3 MONTH-Chart for XAU USD. What do you see when looking at the 2nd bottom of chart indicator the Stochastics. Scan from left to right from 2007 to 2024. How many times does it get over-sold under the crucial 20 level. Do you get my drift?
Just prior to December 2015 the Stochastic on the 3M chart crossed-down below the 20 level. But it would've been pressing-down-hard at the floor so you would not be buying yet.
But now, look what happens to price around December 2015 when the 3-MONTH-STOCHASTIC INDICATOR crosses up the Green-20 line. You are correct, price starts to rally-hard.
Forget the so-called gurus selling the b.s. indicators guys. Stochastics and especially on the Higher-Time-Frame is the "KING" of all indicators. It's only let-down is that it does tend to give you a road-map of when to exit your trade. That road-map can be achieved tracking the MACD, which incidentally, the MACD got you into a trade here in Gold not long after the Stochastic crossed-up the 20, there was a Bullish cross-up of the MACD lines. The lower under the zero line this MACD cross occurs. Following the MACD and RSI can actually create a road-map like you are driving a car and trying to avoid an interest, I might explain this another time.
But again, nobody will teach you this trading secret on the Highertimeframes, you will only learn it from the 100% free subscription service delivered by me here at easy_explosive_trades. Just imagine buying 1 lot in XAU USD and capitalising on that 138% move. I have not done the maths.
These are the big trades I look for on the highertimeframes. I started investing and trading during the GFC in 2008 but in 2015 I did not know about this very insider high-time-frame trick using the number 1 indicator, the King-Stochastics, it get you into trades on HTF with needle point accuracy.
Nobody showed me this trick. I work these things out myself. I wanted to share it with you. As I am proud to have you part of my channel.
Cheers,
Chris
easy_explosive_trader
* Trading is risky. Don't rely solely on my investment advice.
Monday's trades: We are bidding up the Silver price & Palladium. Both of these and especially Palladium are bullish on the HTF.
Hey..... forget these gurus with their 72 day moving averages & 171 day moving averages. You make money sticking to the basics in trading.
Finally, I encourage you to, if you take my trades, to always risk no more than 0.25% to 0.50%. I endeavour always to give you fantastic RR not this 1:1 crap that the expensive subscriptions in Gold and Currency's charge. I make enough money trading, I don't need to make money out of you.
Oscillators
Long Position on APTUSDT 1H / (Volume Projection)BINANCE:APTUSDT
COINBASE:APTUSD
Mid-risk status: 5x-8x Leverage
Low-risk status: 3x-4x Leverage
👾The setup is active but expect the uncertain phase as well.
⚡️TP:
5.96
6.05
6.15
6.25
6.32
6.45
6.52
6.60(In Optimistic Scenario)
➡️SL:
5.6
🧐The Alternate scenario:
🔴If the price stabilizes below the trigger zone, the setup will be cancelled.
Long Position on ZENUSDT / (Volume Projection)BINANCE:ZENUSDT
COINBASE:ZENUSD
Mid-risk status: 5x-8x Leverage
Low-risk status: 3x-4x Leverage
👾The setup is active but expect the uncertain phase as well.
⚡️TP:
8.09
8.39
8.73
9.07
9.46
9.78
10.20
(In Optimistic Scenario)
➡️SL:
6.80
🧐The Alternate scenario:
🔴If the price stabilizes below the trigger zone, the setup will be cancelled.
PayPal (PYPL): Time to Secure Profits After Hitting New HighsWe’ve noticed that PayPal isn’t getting much attention lately, but since our entry, the stock has surged to a new high, the highest since April 2024. However, amidst the potential hype surrounding PayPal, we must remain focused and closely monitor the chart.
The gap from August 2023 has now fully closed, and the RSI is beginning to look concerning. In response, we’ve decided to take some profits off the table and raise our stop-loss to just below the triple EQL at around $56.88.
With this new stop-loss and the profits we've secured, we’re protected from potential downturns but still positioned to look for another entry in PayPal.
Stay tuned for updates on the next possible setup. ✅
Highstreet (HIGH) - Easiest long trade.. ..since long trades were invented. Basically it is free money.
On above 3-day chart price action has corrected 80% since 20 days ago! Market participants have capitulated. Take advantage.
Previously price action has corrected to confirm support on past resistance. Sure it will break if it is meant to this time, but not right now. That is what makes this an easy trade. Look left.
The previous two support confirmations resulted in bounces of 50% and 100% (growing), respectively. On this bounce sellers are absent, which will make for a stronger support confirmation than the previous two.
How can I be so sure? Experience laddie and ladets.
Zooming in down to the 18hr chart we can see all oscillators are now recording bullish divergence (black circles). Divergencies that were just as strong when the market was bearish. This time on the reversal.
Is it possible price action correction further? Sure.
Is it probable? No.
Ww
18hr
GOLD - ShortGold maintained its upward momentum, while a negative divergence formed with the RSI oscillator. As the price reached its new ATH (all-time high) at 2,530, the RSI oscillator remained in bullish momentum above 50 and formed a negative divergence which Is an early warning for a probable retracement. Next levels lower to look at 2,446 & 2,360
GBPUSD - ShortGBPUSD trading in an upward channel, where the price is currently trading below its upper band. However, a retest of the upper band level along with the resistance at 1.3140 is probable before the retracement lower. The RSI currently is at its overbought level strengthening the opinion of a retracement. Next probable target is at 1.2920 and if continue lower 1.2870 coming into the scope.
Here’s a warning for latecomers to the EUR/USD rallyEUR/USD has surged to highs not seen since July 2023. However, such has been the rush to buy since the start of August, it’s now sitting at extremely overbought levels on RSI (14) on the daily.
That should be a worry for late-to-the-party longs considering that outside the early stages of the pandemic, whenever EUR/USD has been this overbought, it’s coincided with some form of near-term top. Some have been small reversals, other considerably larger.
While that doesn’t guarantee another reversal on this occasion, it is a warning to those chasing the pair higher ahead in anticipation of Fed rate cuts. They were priced in long ago with the magnitude of expected easing not really changing over the past fortnight even as the dollar sank. The move comes across as technically driven, potentially making the signal from RSI more significant.
If we were to see a EUR/USD reversal, 1.1140, 1.10452 and 1.0948 are downside levels to note. Should the signal from RSI prove to be false, a continuation of the rally would likely target a push towards 1.12760, the high set in July last year. Watch for a topping pattern to strengthen the conviction of the trade. That’s not arrived yet on the daily timeframe.
DS
Swing Trade - HINDPETRO📊 Script: HINDPETRO
📊 Sector: Refineries
📊 Industry: Refineries
Key highlights: 💡⚡
📈 Script is trading at upper band of BB.
📈 MACD is giving crossover .
📈 Double Moving Averages are giving crossover.
📈 Right now RSI is around 68.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 407
🟢 Target 🎯🏆 - 432
⚠️ Stoploss ☠️🚫 - 393
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
How to use Implied Volatility Index to analyze Bitcoin▮ Introduction
Bitcoin is known for its price volatility. Analyzing the price chart alone is often not enough to make buy and sell decisions.
Implied volatility indexes such as DERIBIT:DVOL and VOLMEX:BVIV can complement traditional technical analysis by providing insights into market sentiment and expectations.
▮ Understanding DVOL/BVIV
DVOL and BVIV measure the expected implied volatility of Bitcoin over the next 30 days, derived from real-time call and put options.
DVOL is calculated by Deribit, the world's largest Bitcoin and Ether options exchange.
BVIV is calculated by Volmex Finance; the data is extracted from exchanges (currently Deribit and OKX), and then combined into a single set.
* In addition to Bitcoin, it is possible to analyze Ethereum-specific instruments through the ticks DERIBIT:ETHDVOL and VOLMEX:EVIV, whose line of reasoning is the same.
▮ Interpreting the chart
🔶 High DVOL/BVIV values indicate that the market expects greater volatility in the next 30 days. This is usually associated with uncertainty, fear, or expected major events.
🔶 The index does not indicate the direction of the price, but rather whether volatility will increase or decrease.
🔶 Low values indicate an expectation of lower volatility and are usually associated with calmer and more optimistic markets.
🔶 To get an idea of the expected daily movement of Bitcoin, simply divide the DVOL value by 20. For example, a DVOL of 100 indicates an expected daily movement of 5%.
🔶 Divergences between the price of Bitcoin and DVOL/BVIV can signal inflection points.
🔶 Price rising with a drop in DVOL/BVIV may indicate exhaustion and a potential top.
🔶 Price falling with a drop in DVOL/BVIV may indicate exhaustion and a potential bottom.
▮ Example
The price of BTC here is at the top in white.
The DVOL and the RSI of DVOL are both in red.
The reason I put the RSI here is that it is easier to analyze DVOL, since the values are in a fixed range, therefore easier to interpret.
On March 25, 2022, the RSI shows a contracted value of 30, that is, low implied volatility. This foreshadows a period of calm that precedes a period of agitation.
In this case, the “agitation” soon materializes in a period of price decline.
When the RSI then reaches the upper limit range, at 83 (on May 12, 2022), a peak in volatility is characterized.
Then, after that, it begins to decrease. This decrease in volatility in DVOL corroborates the moment of Bitcoin’s lateralization within the orange box.
▮ Conclusion
Although DVOL and BVIV should not be used in isolation, they can be valuable tools for confirming price chart signals and anticipating major movements.
Incorporating implied volatility analysis into your strategy, can improve the timing of entries/exits and help manage risk.
⚠️ But remember:
Just because a strategy worked in the past does not mean it will work forever.
Past profitability is no guarantee of future profitability.
Do your own analysis and risk management.
Bitcoin’s Bullish Reversal: This Chart Pattern Can Send BTC HighHere's where I see Bitcoin going next.
As the US elections and the FED rate cuts come closer, the macro conditions are getting ready for a Bitcoin breakout.
Here's the explanation for the TA:
Descending Channel: Bitcoin has been trading within a downward channel. However, there's potential for a bullish breakout if the price moves above the channel's upper resistance, which is around $65k.
Key Support at GETTEX:52K -$53K: This level has provided strong support, preventing further declines.
Rounded Bottom: The price action is forming a rounded bottom pattern, a bullish reversal signal, suggesting that the downtrend might be coming to an end.
RSI Indicator: The RSI around 49.85 indicates a neutral momentum, but the upward movement suggests a possible shift towards a bullish trend.
If Bitcoin breaks out of the descending channel and holds above $53K, it will trigger a significant upward move, and perhaps the start of a new bull run.
SMH shows signs of weakness for first time SMH rally is showing weakness in multiple places for first time.
EMA crosses below SMA for first time since rally started
RSI shows signs of price divergence by trending down while price makes higher highs.
This is more cautionary at this point and keep in mind. I wouldn't add to any bullish positions but instead tighten stop losses and seek to start taking some profits.
EURUSD 4H Retest on the Big triangle from DailyEURUSD 4H
On this 4H chart we look closer in the current situation. There are a few things to take in consideration:
The market structure on EURUSD has changed from Bearish to Bullish with the latest up swing. This transition is indicated from the blue lines and the orange lines
The price is forming a double divergence on the MACD and the RSI. This suggests that the price can correct to the previous MH point of the bullish structure which aligns with the resistance of the triangle (now a support for the price)
Once the price potentially corrects to that level, it will be important to monitor close in order to determine if this is a retest or a false breakout and get an idea how to trade it
Expedia Could Be Traveling NorthExpedia has gone nowhere for most of the year, but some traders may think the travel stock has begun a northward journey.
The first pattern on today’s chart is the bullish price gap on August 9 after earnings and revenue beat estimates. EXPE has made successively higher lows every session since then, which may indicate that buyers are in control.
Second, prices are near the 200-day simple moving average (SMA). The stock is also negative on the year (notice its high from early February). Could that longer-term lethargy create opportunity for shorter-term bulls – especially after a strong quarterly report?
Third, there could be reason to think it’s happening: Notice how MACD has turned positive and the 8-day exponential moving average (EMA) crossed above the 21-day EMA.
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Voxies (VOXEL)On the above 6-day chart price action has corrected by 95% since January 2022. Today is great long opportunity. Why?
1) RSI and price action resistance breakouts.
2) Multiple oscillators print bullish divergence across a 4-6 month period, very powerful.
3) Seller weakness. Notice the long candle wicks into seller territory? This is especially true on the BTC pair.
4) Price action prints support on past resistance since breakout. Look left.
Is it possible price action falls further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: Now, don’t sit on your hands.
Return: No idea
Deep dive into Awesome OscillatorsHello, Skyrexians!
We continue our series of educational content. Today it's time to consider the Awesome Oscillator, the indicator introduced by Bill Williams in his book "Trading Chaos". It can be very useful in your crypto trading. A lot of crypto trading strategies use this indicator. You can combine it with other indicators to create your crypto trading algorithm, trading bot or manual cryptocurrency trading strategy. Most of top crypto traders and top crypto trading platforms use it in their automated crypto trading. If you will be aware you to trade using Awesome Oscillator will be able to enhance your automated trading bot, manual trading strategy or setup grid trading bot more effectively. We think there is enough arguments to learn how to use this indicator. Let's start our deep dive!
What is Awesome Oscillator?
The Awesome Oscillator (AO) is a momentum indicator used in technical analysis to measure the strength and direction of a market trend. It was created by Bill Williams and is designed to help traders identify potential reversals or trend continuations.
Key Features of the Awesome Oscillator:
Momentum Measurement: The AO measures the difference between a short-term moving average and a long-term moving average, using midpoints of each candlestick rather than closing prices. This provides insights into the market's momentum.
Histogram Representation: The indicator is typically displayed as a histogram, with bars oscillating above and below a zero line. Green bars represent increasing momentum (bullish), while red bars indicate decreasing momentum (bearish).
The Awesome Oscillator is calculated using simple moving average(SMA) as follows:
AO = SMA(5-period) − SMA(34-period)
Now let's consider the signals which can be produced by Awesome Oscillator with the examples.
$SPY August 19, 2024AMEX:SPY August 19, 2024
15 Minutes.
Friday AMEX:SPY was struggling around 55 levels as expected.
All moving averages are little far off for 15 minutes chart.
Hence, I expect sideways until this is sorted out.
Considering 2 rises
From 531.76 to 555.01
From 548.88 to 555.01
AMEX:SPY in uptrend for the day holding 551 levels.
And if breaks 551 levels i have 548-549 as target being 100 averages approximately.
540 is the important levels now to hold to continue this current uptrend as of now.
We have clearly oscillator divergence and hence i expect a pull back.
Second Chance Shorting Opportunity on EURUSDIf you’re looking for a second chance to short EURUSD, there’s a promising setup involving a Type 2 Bearish Shark Pattern with RSI Divergence. Let’s break it down.
Current Overview:
- Type 2 Bearish Shark Pattern:
- What It Means: The first target has already been achieved. This provides clarity on the first target but might reduce participation since the initial group of traders who profited may not re-engage.
- RSI Divergence:
- Signal: This divergence adds another layer of confirmation, especially for traders who rely on resistance and RSI divergence as their entry signals.
Strategy:
- Second Chance Entry: This setup offers a second opportunity to short EURUSD, with the RSI divergence potentially attracting a new wave of traders.
- Profit Factor: The strong profit factor in this trade is what drew me in, despite the potential for reduced participation from the initial group of sellers.
Final Thoughts:
While there might be fewer sellers this time around, the RSI divergence could bring in new participants, making this a solid second chance trade. Always keep an eye on your signals and manage your risk effectively.
What’s your take on this setup? Are you planning to jump in, or do you see other opportunities? Share your thoughts and strategies below!
Happy trading, everyone! 🚀
AUDUSD - Bullish Continuation / Fib EntryFX:AUDUSD is showing signs of a bullish continuation after rebounding from a significant support zone and continuing the higher highs and higher lows rally. A pullback to the buy zone offers a favorable risk-reward ratio for a long position. Traders should consider entering within the highlighted buy zone, with a stop loss set below 0.65604 anticipating continuation of the bullish momentum!
AUDCAD - Retracement for Bullish ContinuationFX:AUDCAD is moving upwards, creating higher highs and higher lows after breaking above the descending trend line supported by a previous resistance-turned-support level suggesting that the sellers may be losing control and buyers are gaining momentum!
Current price action poses a potential buying opportunity after a pullback into the “Buy Zone". The strategy is to enter a long position within this zone, with a stop loss placed below the defined support, aiming for a continuation of the newly established uptrend.