microtrends

microtrends

GBPUSD long open range breakout signal and double weekly bottom. Ideal target f100% 1.6050 area -the daily range above the open f0% ultimate target f200% 1.6150 area - twice the daily range to get there. Extended target for Swing weekly trade 1.62505 - based on monthly high red horizontal If we reverse short here and break below the current week and monthly low...

microtrends

Oil Long based on current trade signal from open range breakout - however we have stalled and are looking to keep support above the open F0% 89.70. or bounce or fake out at the current weekly low of Week S1 89.43 - the green horizontal line. The Ideal target f100% 91.57 which is also confluent with a retest of resistance at 91.50. Above this we can see the...

microtrends

Currently the weekly high and low demonstrate a congestion area sideways with a slight upward bias defined by the current signals - green up triangles on the chart on the right -we are above the weekly open of 4023. Red Horizontal levels 4045, 4052. 4071 plotted above are targets. Or if we reverse here and breakdown short past 4023 the longer range target Week S2...

microtrends

The Trade is marked as short due to the red Triangles down on the right hand side of the chart are indicating a short sell. We can see a box consolidation here - if momentum stays sideways we can expect a breakout up green up triangle or breakdown short red triangle. These signals are painted by the indicator "MTORLevelsSig" AKA MicroTrends Open Range...

microtrends

Nasdaq still long based on a prior signal - the likely targets are f50% to f76% based on the 4110 level looking left These indicators are available in Charts > Indicators > Market Place Add-ons > MicroTrends more details of the indicators can be found here: www.indicatorfactory.com

microtrends

ES potential long heads up The system is currently neutral.... The last short is now in a neutral state as we are inside the range of the red and green horizontal. This might be a non starter type of day so we might not see a 100% range perhaps only 25 to 50% However the last 2 sessions on the range grid shows 2 gold days in a row. It would be fair to assume...

microtrends

GBPJPY Long - open range signal long - is the green up triangle on the far right of the chart. This might be a sideways consolidation with a further breakdown- if we cannot can gain ground back above current resistance around 170.70 Whatever happens in the future - currently the system is long... until its short. a red down triangle will appear in that case....

microtrends

Oil at 92 levels from the session open breakout has made almost 125% of the expected market daily range This is a good place to scale out perhaps if you were short from the 93 zone... at -f100% the 100% range extension from here is 90.62 Also, possibly this is a reversal point long if we close above -f100% on the fibgrid The System bias is short These...

microtrends

Oil Grey, blue or Golden Day - Weekly Trade Signal Round Up This might be the congestion day... This might not be... The MT Open Range Signals Indicator will show the breakout direction - the range grid will show the range expansion - this might not be the final trade. Might be a loser...might be a winner... i won't be in attention to plot them all. But is...

microtrends

Nasdaq Text Book Trade Example of the Open Range Breakout Signal and usage of the Fib Grid and Range Grid as a map of where the price is in the market A Market will make 100% of the range or exceed it roughly 25% of the time... this is not always straight above or below the open it will go above and below.. Fib grid shows the levels of where it went to Range...

microtrends

Oil open range breakout long signal has now been plotted This trade example is for educational purposes to show users of the MicroTrends indicators sample trades. And i am calling early and (perhaps not on the best day) to show what it looks like as you go into a trade... win or lose... that is irrelevant, this is about learning the systematic approach of entry,...

microtrends

Oil Open Range Breakout Long HeadsUp - Potential This trade example is for educational purposes to show users of the MicroTrends indicators sample trades. And i am calling early and (perhaps not on the best day) to show what it looks like as you go into a trade... win or lose... that is irrelevant.. this is learning the systematic approach of entry, stop,...

microtrends

Oil Horizontal Levels of Support and Resistance - Peaks and Troughs Monthly, Weekly, Daily Historical Levels Resistance Red Support Green Automatically calculated and plotted Horizontal levels of support and resistance. using the MTHLevelsSRHTF on the top left MT Horizontal Levels of S/R Higher time Frame Simply select the time frame and mode and let it it...

microtrends

Oil Breakout Short - HeadsUp -the second short signal and possibly will break yesterdays low... The MTORLevels Signals indicator gives the signals at a breakout of the open range long or short The MT Auto Fib Grid indicator maps the market at levels F0% to +f100% and -f100% etc. where reversals and continuations do take place... so good for exits, stop trails...

microtrends

Oil failed long - short reverse at higher low. The signal short was also chopped - but not currently a loss. Could easily continue down past yesterdays low and towards some distance level or price... The MT Auto Fib Grid indicator maps the market at the levels and the MT range grid shows when typical daily range has been met... I prefer to make these entries...

microtrends

GBPNZD Open Range Short Trade might be a runner - and a very nice one.... Weakness would be shown if we stay below yesterdays low.... It may just reverse at around the -f50% 1.985 as that looking left is a level of Support... but equally that would be a nice sign if it broke below... reversal point also at -f100% 1.978 Area... We are late in the...

microtrends

GBPNZD Doji - break support 1.99 retrace to 1.98 - HEADSUP i see this as a ripe condition - for the swing trade. intraday the open range was crossed below and we are short on the basis: see related post let price show a bit more confirmation before entry - or sell a pullback and rejection of resistance i feel a short could be in order here - or at least a...

microtrends

OIL long open range breakout The Green Signal shows the trade Entry Scale out Exits or Trail stop areas, Profit Targets are projected for the day at: f50% 100.24 f76% 100.61 f100% 100.95 Exit you might exit if you cross above f50% then reverse and crossback below - or at this point scale out - and adjust trails to under the 23% grid These indicators are...