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EU - NU - AU 4H Range Bullish TradesDon't trade all three (EU, NU, AU) of these USD pairs Watch this pair (AU) to make the move back bullish to ma's If it does it confirms other two trades EXIT - If AU falls back below range bottom - EXIT. Market may not have timing right for bullish move yet If market isn't ready on first move then be ready to enter long again on second or third bullish move attempt NZDUSD 4H Long Trade Buy Stop @ .6753 1st Buy Take Profit @ .6789 2nd Buy Take Profit @ .6810 SL below swing low
Long
by Tradingstrategyguides
MACD TREND FOLLOWING STRATEGYEURUSD 30M CHART This strategy is a setup for a Long continuation trade (Rules for A Buy Trade) Step #1: Wait for the MACD lines to develop a higher high followed by a lower high swing point. This is an unorthodox approach to technical analysis. But, we at Trading Strategy Guides.com are different. We don’t mind doing uncomfortable things if that’s what it takes to succeed in this business. The first rule of thumb to recognize a swing high on the MACD indicator is to look at the price chart if the respective currency pair is doing a swing high the same as the MACD indicator does. A higher high is the highest swing price point on a chart and must be higher than all previous swing high points. While a lower high happens when the swing point is lower than the previous swing high point. Step #2: Connect the MACD line swing points that you have identified in Step #1 with a trendline This step is quite simple, right? At this point, we really ignored the histogram because much of the information contained by the histogram is already showing up by the moving averages. Look at the price action now and compare it to our MACD trendline we drew early. We can clearly notice that the MACD contains the price action much better and reflects the trend much clear. But, at this point, we’re still not done with the MACD indicator, which brings us to the critical part of our MACD Trend Following Strategy. Step #3: Wait for the MACD line to break above the trendline. (Entry at the market price as soon as the MACD line breaks above) When the MACD line (the blue line) crosses the signal line (the orange line) it’s an early signal that a bullish trend might start. However, if trading would be that easy we would all be millionaires, right? And that’s the reason why our MACD Trend Following Strategy is so unique. We’re not only waiting for the MACD moving averages to cross over but we also have our other criteria for the price action to break aka the trend line we drew early. This is a clever way to filter out the false signals, but you have to be equipped with the right mindset and have patience until all the piece of the puzzle come together. If you were to trade just based on the MACD crossover over time you’ll lose money because that’s not a reliable strategy. But if you use the MACD indicator along with other cafeterias such what this strategy tells you to do, you will find great trade entries on a consistent basis. Step #4: Use Protective Stop Loss Order. (Place the SL below the most recent swing low) Now, that you already know how to enter a trade at this point you have to learn how to manage risk and where to place the SL. After all, a trader is basically a risk manager. You want to place your stop loss below the most recent low, like in the figure below. But make sure you add a buffer of 5-10 pips away from the low, to protect yourself from possible false breakouts. Did you notice? The MACD Trend Following Strategy triggered the buy signal right at the start of a new trend and what is most important the timing is more than perfection. We bought EUR/USD the same day the bullish trend started. Now, what this has to do with the SL? Basically, a good entry price means a smaller stop loss and ultimately it means you’ll lose a lot less comparing it with the profit potential, so a positive risk to reward ratio. Step #5: You determine your Take Profit or when the MACD crossover happens in the opposite direction of our entry Knowing when to take profit is as important as knowing when to enter a trade. However, we want to make sure we don’t use the same trading technique as for our entry order. When the MACD line (the blue line) crosses the signal line (the orange line) we want to close the position and take full profits. Before taking profits, it’s important to wait for the candle close – either the 4h or the daily candle – depending on the time frame you trade so you make sure the MACD crossover actually happens. Note** The above was an example of a buy trade using the MACD Trend Following Strategy. Use the exact same rules – but in reverse – for a sell trade.
Long
by Tradingstrategyguides
ES1!: ABCD completion with negative MACD divergenceThis is a follow-up from my 27th Dec call for a counter-trend rally to the 2,700 region. Right now the ES1! is 59 points away from the target and:- #1 At the 50% retracement level #2 Completed an ABCD from the trough #3 Negative divergence between the MACD and price action. #4 There is a little tiny wedge for which the upside target has been achieved. Being long or buying at these levels simply ignores the fact the Donald has not left any room for negotiation either on Chinese trade or the government shutdown. His goals in both instances are so extreme that anything less would result in a roasting by Fox News while it is impossible for the Chinese or the Democrats to agree to the Donald's more extreme demands. The Dealmaker has boxed himself in and thrown away the keys. In other words, it is time to take money off the table and wait for the next trade.
CME_MINI:ES1!
by WellTrainedMonkey
AUDUSD short according to my Clever Climb5 strategyHi everyone, it's been a while since I've been analyzing here on tradingview, but not because I'm not trading but because I'm testing and experimenting with various ideas and above all operational strategies, one of them Clever Climb 5.This strategy is giving me good results and you can watch it here www.mql5.com The results are quite evident and tangible and thanks to the use of my strategy I wanted to share with you my short entry on AUDUSD.I have identified on the chart two target levels and a stop level. You can enter with two shorts or splitting to the possible achievement of the target1 the only short closing half of the position.As you can see from the page that I have indicated, over half of the open transactions have been closed at a loss, but the profit accrued is still very high, this demonstrating the fact that with this method I manage the losses and let the profits run.The sample for now covers more than 130 trades, open and closed in less than two weeks, and so it is not really just a few operations. In any case, we'll see how it will proceed. With this I greet you and wish you a good end of the year but above all a good start to all of you!
Short
by CloudAut