#How to Spot Stochastic Divergence | Explore Tumblr posts and blogs

thetrading-world · 6 months ago

Text

Best Technical Indicator for Trend Reversal: A Comprehensive Guide

When it comes to successful trading, identifying trend reversals is one of the most crucial skills you can develop. Spotting a reversal before the market fully shifts direction can help you get in or out of a trade at just the right moment. But how do you accurately predict trend reversals? This is where technical indicators come in handy. In this guide, we’ll explore the best technical indicators for trend reversal, their advantages, and how you can use them effectively in your trading strategy.

1. Moving Average Convergence Divergence (MACD)

The Moving Average Convergence Divergence (MACD) is one of the most popular technical indicators used by traders to identify trend reversals. It consists of two moving averages that oscillate around a zero line, providing valuable insights into momentum shifts. A crossover of the MACD line and the signal line is often used as a signal for potential trend reversals.

How to Use MACD for Trend Reversals: When the MACD line crosses above the signal line, it could indicate a potential bullish reversal. Conversely, when the MACD line crosses below the signal line, it may signal a bearish reversal. Traders often look for divergence between MACD and price action as an additional confirmation of a trend reversal.

2. Relative Strength Index (RSI)

The Relative Strength Index (RSI) is another powerful indicator for spotting trend reversals. RSI measures the strength of a security’s price action by comparing the average gains and losses over a specified period, typically 14 days.

How to Use RSI for Trend Reversals: The RSI moves between 0 and 100. When the RSI is above 70, it is considered overbought, which may suggest a potential bearish reversal. On the other hand, an RSI below 30 indicates that the market is oversold, hinting at a possible bullish reversal. Divergence between RSI and price action is also a strong signal for an upcoming trend reversal.

3. Bollinger Bands

Bollinger Bands are another useful tool for identifying trend reversals. Bollinger Bands consist of a middle band, which is a moving average, and two outer bands that represent standard deviations of the price.

How to Use Bollinger Bands for Trend Reversals: When the price moves outside the Bollinger Bands, it often indicates that the asset is overextended, and a reversal may be imminent. Traders look for price rejection at the bands and confirmation in the form of candlestick patterns to anticipate a reversal.

4. Stochastic Oscillator

The Stochastic Oscillator is a momentum indicator that can also be useful for predicting trend reversals. It compares the closing price of an asset to its price range over a certain period to determine the strength of a trend.

How to Use the Stochastic Oscillator for Trend Reversals: When the Stochastic lines cross above 80, it suggests that the market is overbought, indicating a possible trend reversal to the downside. Conversely, when the Stochastic lines cross below 20, it indicates that the market is oversold, signaling a potential bullish reversal.

5. Parabolic SAR

The Parabolic Stop and Reverse (SAR) is a trend-following indicator designed to highlight potential points where a trend might reverse.

How to Use Parabolic SAR for Trend Reversals: The Parabolic SAR plots dots above or below price bars. When the dots switch from being below to above the price, it indicates a potential bearish reversal. Conversely, when they move from above to below the price, a bullish reversal is likely. Traders often use Parabolic SAR along with other indicators like RSI or MACD for better accuracy.

6. Fibonacci Retracement Levels

Fibonacci Retracement is not a typical technical indicator, but it can provide valuable insight into where trend reversals are likely to occur. The key Fibonacci levels (23.6%, 38.2%, 50%, 61.8%) are often used to anticipate areas of potential support or resistance where the price might reverse.

How to Use Fibonacci Retracement for Trend Reversals: During an uptrend, if the price retraces to a key Fibonacci level and finds support, it could signal the end of the pullback and the start of a reversal back to the uptrend. Similarly, in a downtrend, Fibonacci levels can help predict resistance levels where a bearish reversal might occur.

Conclusion: Choosing the Best Indicator for Trend Reversals

Identifying the best technical indicator for trend reversal ultimately depends on your trading style, experience, and preference. Indicators like MACD, RSI, Bollinger Bands, Stochastic Oscillator, Parabolic SAR, and Fibonacci Retracement are all effective in identifying potential trend reversals. To improve the accuracy of your predictions, it’s often recommended to use a combination of these indicators along with proper risk management techniques.

Remember that no indicator can provide a 100% guarantee of a trend reversal. Market conditions and external factors also play a significant role in price movements. Always test and backtest your strategies before applying them in a live market.

If you’re looking for more insights and tools to enhance your trading strategy, visit Miyagi Trading. At Miyagi Trading, we provide the best trading resources, indicators, and expert advice to help you stay ahead of the market. Whether you’re a beginner or an experienced trader, our goal is to help you make informed decisions and achieve consistent results. Explore our range of tools and start improving your trading skills today!

#reversal indicators #indicators #trend reversal

0 notes

exnessindia · 10 months ago

Text

How to identify divergence in Forex trading?

Forex trading is not easy, and a trader should follow the best strategies to overcome potential risks. Traders willing to buy and sell currencies should focus on identifying market trends and reversals to make informed decisions. Furthermore, they should consider using certain tools to know market movements with accuracy. One such tool is divergence, which lets a trader spot the best trend reversals and take advantage of them properly. At the same time, traders should identify divergence in forex trading charts to ensure profitable trades.

5 tips to identify divergence in Forex trading

1. Understanding what is divergence

A Forex trader should understand the concept behind divergence because it provides methods to proceed further. Divergence is a price action signal that allows a trader to know if there is a reversal in the current trend. If the currency pair price moves in the opposite direction, it will display the reversal of an indicator or oscillator.

2. Selecting the right indicator

Traders should use the right indicator to identify divergence in forex trading. They should consider selecting RSI, MACD, and stochastic oscillators to spot divergence in currency trading. However, one should evaluate the strengths and weaknesses of each indicator with attention to detail. This will help pick an indicator that aligns with the trading strategy and preferences.

3. Analyzing regular divergence

Regular divergence is one of the strategies a Forex trader should follow because it gives ways to spot bullish and bearish divergence. It enables an investor to compare the price action with an indicator or oscillator. If the price and indicator show contracting movements, then a trader can identify a reversal.

4. Identifying the hidden divergence

Hidden divergence is a powerful tool that allows a trader to spot the strength of a prevailing trend. This strategy is very crucial and influences trading decisions. The Exness trading platform is ideal for forex trading and has the most advanced features. It provides ways to learn more about the latest market trends with various tools that help you proceed further.

5. Confirming divergence with additional tools

To spot divergence, a forex trader should combine it with some other tools after choosing the right indicator. One can consider using trendlines and support and resistance levels to validate the signals provided by divergence. By doing this, traders can increase their accuracy levels in trading and minimize false signals. Also, they can achieve their goals in the trading process to ensure good returns.

1 note · View note

stockmarketanalysis · 10 months ago

Text

Understanding Hidden Divergence in Trading: A Complete Guide

In the realm of technical analysis in trading, hidden divergence serves as a powerful tool for identifying potential trends and reversals in the market. This phenomenon often eludes novice traders due to its subtle nature, but mastering it can significantly enhance one's ability to make informed trading decisions. This guide explores what hidden divergence is, how it works, and practical strategies for leveraging it effectively.

What is Hidden Divergence?

Divergence, in general, refers to a discrepancy between price action and an oscillator indicator, such as the Relative Strength Index (RSI) or the Moving Average Convergence Divergence (MACD). Hidden divergence specifically occurs when the price trend and the oscillator indicator move in opposite directions, suggesting a continuation of the current trend rather than a reversal.

Types of Divergence

Before delving into hidden divergence, it's crucial to understand its counterpart, regular or classic divergence. Regular divergence occurs when the price makes a higher high or lower low that is not confirmed by the oscillator. This often signals a potential reversal in the current trend.

On the other hand, hidden divergence occurs when the oscillator indicates a different trend than the price action, but in a way that suggests a continuation of the prevailing trend rather than a reversal.

How Does Hidden Divergence Work?

Hidden divergence manifests in two forms:

Bullish Hidden Divergence: This occurs during a downtrend when the oscillator makes a higher low while the price action forms a lower low. It suggests that despite the lower low in prices, bullish momentum is building, potentially indicating an upcoming reversal to the upside.

Bearish Hidden Divergence: Conversely, in an uptrend, bearish hidden divergence occurs when the oscillator forms a lower high while the price action forms a higher high. This suggests that although prices are reaching higher highs, bearish momentum is increasing, potentially signaling an impending reversal to the downside.

Identifying Hidden Divergence

To effectively spot hidden divergence, traders typically use oscillators such as the RSI, MACD, or Stochastic Oscillator. Here’s a step-by-step approach to identifying hidden divergence:

Step 1: Select an Oscillator: Choose a reliable oscillator that suits your trading style and preference.

Step 2: Confirm the Trend: Determine the prevailing trend based on price action (higher highs and higher lows for an uptrend, lower highs and lower lows for a downtrend).

Step 3: Analyze Oscillator Movements: Look for instances where the oscillator and price action diverge. In hidden divergence, focus on how the oscillator moves in relation to the price trend.

Step 4: Validate Signals: Wait for confirmation signals such as price breakouts or oscillator movements that align with your trading strategy.

Strategies for Trading with Hidden Divergence

Trading strategies involving hidden divergence often revolve around confirmation and timing. Here are a few popular approaches:

1. Trend Confirmation: Use hidden divergence to confirm the strength of an existing trend before entering a trade. For instance, in an uptrend, a bullish hidden divergence can reinforce confidence in buying opportunities.

2. Entry and Exit Points: Combine hidden divergence signals with other technical indicators or candlestick patterns to pinpoint precise entry and exit points.

3. Risk Management: Employ stop-loss orders to mitigate risks associated with false signals or unexpected market movements.

Real-World Applications

Traders across various financial markets, including stocks, forex, and cryptocurrencies, utilize hidden divergence to refine their trading strategies. Its effectiveness lies in its ability to provide early signals of trend continuation, offering traders a competitive edge in volatile markets.

Conclusion

Hidden divergence is a valuable tool in the arsenal of technical traders, offering insights into market dynamics that are often overlooked. By understanding how to identify and interpret hidden divergence, traders can enhance their ability to make well-informed decisions based on the underlying momentum of price trends. As with any trading strategy, practice, discipline, and risk management are key to successfully integrating hidden divergence into your trading approach.

In summary, mastering hidden divergence requires patience and a keen eye for subtle market signals. By incorporating this technique into your trading toolkit, you can potentially improve your ability to navigate the complexities of financial markets with greater confidence and precision.

#finance #investing stocks #stock trading #stock #stock market

0 notes

emilyj90 · 1 year ago

Text

Understanding Oscillators: How They Work and Why They Matter

The ability to quickly assess market changes is a necessity in trading. As an essential component of technical analysis, oscillators give traders important data about the direction of the market and possible turning moments. These tools are especially helpful in identifying situations in which assets are overvalued or oversold.

What Is Oscillator?

An oscillator is a trading tool for determining the momentum of price changes and spotting possible turning points in the market. It shows when a stock or other asset might be bought or sold in large quantities. The oscillator can indicate signs that the price could soon change direction.

An oscillator is a technical analysis tool that measures the momentum of price movements. It helps traders identify potential market reversals by indicating overbought or oversold conditions.

Oscillators track the speed and direction of price movements by analyzing price data over a set period and displaying this data graphically, aiding traders in visualizing market momentum.

There are several types of oscillators, each with unique features and uses. Those include the relative strength index (RSI), stochastic oscillator, and moving average convergence divergence (MACD).

Oscillators help traders refine trading strategies by providing timely buy or sell signals based on identified market conditions, thus enhancing their decision-making process and potential profitability.

Oscillators also have limitations, such as the potential to generate false signals during strong trending markets.

The oscillator’s fundamental role is to gauge market conditions by measuring the speed of price changes. It achieves this by comparing the current price to a price from a previous period, with the primary objective of interpreting the force behind price movements.

Learn more about Oscillators: https://finxpdx.com/oscillator-gain-a-competitive-edge-in-trading-with-it/

#stocks #investing #stockmarket #financialnews #Oscillators #finance #Investmenttools #business

0 notes

goldtradingandinvest · 2 years ago

Text

Gold Trading Patterns: Spotting Opportunities in Market Trends

Gold trading is a dynamic and fascinating market that attracts investors and traders worldwide. One key aspect of successful gold trading is the ability to identify and interpret trading patterns. These patterns, formed by price movements and market trends, offer valuable insights and present opportunities for traders to capitalize on potential profit. This article delves into the realm of gold trading patterns, highlighting their significance and providing guidance on how to spot and leverage them effectively.

Understanding Trading Patterns:

Trading patterns are recurring formations and structures on price charts that reflect the collective behavior of market participants. These patterns emerge due to various factors, including market sentiment, supply and demand dynamics, economic indicators, and geopolitical events. By recognizing and interpreting these patterns, traders can gain a deeper understanding of market trends and make informed trading decisions.

Common Gold Trading Patterns:

Head and Shoulders: The head and shoulders pattern is a bearish reversal pattern that signals a potential trend reversal from bullish to bearish. It consists of three peaks, with the middle peak (the head) being higher than the two surrounding peaks (the shoulders). Traders often look for a neckline break as confirmation of the pattern.

Double Top/Bottom: The double top pattern occurs when the price reaches a resistance level twice and fails to break higher, indicating a potential reversal from bullish to bearish. Conversely, the double bottom pattern forms at a support level, signaling a potential reversal from bearish to bullish.

Triangle Patterns: Triangle patterns, such as ascending triangles, descending triangles, and symmetrical triangles, are consolidation patterns that suggest a potential breakout is imminent. Traders look for a break above or below the triangle's boundaries to determine the direction of the ensuing price movement.

Cup and Handle: The cup and handle pattern is a bullish continuation pattern often observed in longer-term charts. It resembles a cup shape followed by a smaller handle formation. Traders anticipate an upward price movement once the handle is completed.

Flag and Pennant: Flag and pennant patterns are short-term consolidation patterns that occur after a strong price move. Flags are rectangular patterns, while pennants are triangular patterns. Traders seek a breakout in the direction of the prior price trend after the pattern formation.

Spotting and Leveraging Trading Patterns:

To effectively spot and leverage trading patterns in gold trading, traders can employ a combination of technical analysis tools and indicators. Here are some guidelines to consider:

Chart Analysis: Utilize candlestick charts, line charts, or bar charts to observe price movements and identify patterns. Pay attention to key support and resistance levels, trendlines, and chart patterns that suggest potential reversals or breakouts.

Technical Indicators: Combine chart analysis with technical indicators such as moving averages, relative strength index (RSI), stochastic oscillator, or MACD (Moving Average Convergence Divergence) to confirm pattern formations and strengthen trading decisions.

Volume Analysis: Consider volume trends alongside pattern formations. An increase in volume during pattern breakouts or significant price movements can validate the pattern's strength and enhance trading opportunities.

Risk Management: Implement proper risk management techniques such as setting stop-loss orders, determining profit targets, and managing position sizes to protect against potential losses and maximize potential gains.

Continual Learning: Stay updated with market news, economic indicators, and geopolitical events that may impact gold prices. Continually enhance your understanding of different patterns and their significance by studying educational resources, attending webinars, and engaging with the trading community.

Conclusion:

Spotting and leveraging trading patterns is an essential skill for successful gold trading. By understanding common patterns, traders gain insights into market trends, potential reversals, and breakouts. Through technical analysis, chart patterns, and the use of indicators, traders can identify optimal entry and exit points, confirm pattern formations, and strengthen their trading decisions.

#goldtrading #goldtradingpattern #goldtradingtips

0 notes

digital-skills09 · 3 years ago

Text

Understanding Volatility With The VL 75 Official Page

Volatility is a measure of the rate and magnitude of changes in the price of the underlying security or asset over time. The idea is that a higher volatility indicates that there has been more change, whether upward or downward. One way to think about volatility is that it measures market expectations of price change. For instance, if two traders believe that the price of oil is about to go up, they will be likely to expect an upward price movement.

In today's turbulent business world, traders must use all available tools to analyze market conditions. The Volatility 75 Index provides a reliable historical index that can help you gauge stock market volatility and make trading decisions. The index has been calculated and has been updated every day. It displays information for over one thousand of the most active shares traded on the stock market. Because the index is updated daily, you can stay apprised of current market conditions.

According to the Volatility 75 data, the stock market is demonstrating very high volatility, particularly right now. Financial markets are fluctuating and market trends could indicate a major change in the near future. You should take advantage of the opportunity and buy low and sell high. Using the VL 75 data, you will know how a certain security's price may evolve depending on its future potential.

In addition, because it is based on actual information from the market, you will get to learn firsthand the volatility of a certain security. Investors can determine which security or market is more likely to gain or lose in the near future. This is very useful in making market trading decisions. The index enables you to make fast and accurate decisions. It gives you updated information daily. As you keep track of the changes in the market, you can adjust your strategies accordingly and gain profit at the soonest time possible.

Traders can use the VL 75 to their advantage by using technical analysis tools. The volatility tool helps you determine the trends in the market and the direction it will take. You can interpret the patterns in the volatility to spot the peaks and valleys in the market. Technical analysis uses a variety of charts and other tools to study the volatility of the market. You can use these tools to create a chart of your own and make trading decisions accordingly.

To get the best results out of volatility, you need to use technical analysis. Experts suggest that you use the official Volatility Tool because it gives the most up to date information about the current price of a particular security. This tool uses a variety of technical indicators. It includes the Moving Average Convergence Divergence (MACD) and the Stochastic Performance Indicator or SMA. By using the VL 75, you will be able to interpret the patterns in the volatility and find out when it is good to enter a trade and when it is not yet ripe for it.

0 notes

cryptoerapro · 5 years ago

Text

CryptoSoft - Trade bitcoin

Trying for unbiased cryptosoft reviews? Is cryptosoft a Scam? Notice out all the information from this detailed review. Crypto soft could be a piece of software that allegedly makes huge profits speculating on crypto. The bot is alleged to be one hundredpercent automatic meaning that no talent is required to use it. But is cryptosoft very legit and is it true that it's that profitable? Cryptovibes went out looking for answers and has prepared this in-depth review for you. From our investigation, cryptosoft appears to be legit and worth a attempt. The bot incorporates a good name with most alleging that it will create

We haven't tesed cryptosoft and thus cannot guarantee something. Even thus, there's a high chance that you may have a good experience with this robot. Scan on to be told why cryptosoft is legit and what you'll be able to do to form the foremost out of it.

*Remember that all investment opportunities carry a certain risk. This especially applies to cryptocurrencies, which are still comparatively young within the

What Is cryptosoft? Review Overview cryptosoft may be a cryptocurrency trading platform that automatically analyses the crypto markets based mostly on trading ways and technical analysis indicators. This automated trading application was founded in 2012 by trading consultants and net developers who eventually programmed a trading robot that takes market selections and executes market orders.

cryptosoft WebsiteThere are some appealing advantages to trading with cryptosoft. First, you are doing not want any previous trading expertise. Not everybody has the abilities, information, and time to trade the volatile cryptocurrency market, and therefore, the automated trading robot permits new traders a smooth entrance to the online trading market. cryptosoft claims that with an average of twenty minutes daily or less, you'll allegedly have a high probability of profitable trades.

cryptosoft also provides you to regulate and modify your trading settings based on your preferences. Take note that cryptosoft recommends the subsequent settings, but, you'll be able to modify these setting to fulfill your needs :

Whereas every software has developed completely different trading algorithms, cryptosoft programmed its algorithm to search for anomalies within the market.

Another major advantage is that the wide selection of crypto coins of additional than a hundred trading pairs, which is a lot of higher than what competitors within the trade offers, including some of the most exotic crypto coins in the market.

The foremost astonishing reality regarding cryptosoft is the claimed win rate of 88p.c. This means that that, per cryptosoft, their app offers users a high probability of constructing consistent profits. Human trading involves emotions and stress, that is why automated trading is said by several to significantly reduce human errors in your trading operation.

Yet, you need to be aware that this type of investment involves a high risk of losing your capital and therefore, you ought to not trade with an quantity you can't afford to lose. CryptoVibes suggests starting with the minimum requirement of $250 and growing your account once you see positive trading results.

cryptosoft software is offered in English, German, Spanish and Italian.

How Does cryptosoft App Work? As mentioned previously, cryptosoft could be a crypto automated trading robot powered by a sophisticated algorithm that analyses the cryptocurrency market so as to allegedly turn out profitable trades. The robot claims to scan the whole crypto market at intervals milliseconds and realize trading opportunities.

The cryptosoft application is a web-based trading platform compatible with all devices meaning you are not required to download a desktop application. cryptosoft claims to possess an accuracy rate of eighty eight% that is an outstanding success rate in the trading market.

Crypto Soft how does it work

cryptosoft links traders with its partner regulated brokers, which means your funds are being held in an exceedingly segregated account in step with the regulatory compliance. These brokers will offer leverage ratio of up to one:five hundred that enables you to get a much larger capital than the amount you initially deposited. A high leverage ratio is claimed by cryptosoft to increase profitability but also increases your risk and therefore, we advocate that you start trading with low leverage levels.

Is cryptosoft Legit? CryptoVibes Findings Following our review, cryptosoft seems to be a legit automated trading software. As we tend to mentioned before, we tend to have reviewed the testimonials of this automated trading robot and tested its platform, and it's working and real.

Our review relies on users’ feedback, the robot's claimed trading accuracy rate and also the software's options.

There are plenty of features that distinguish cryptosoft from other competitors in the industry:

Trading customization - cryptosoft robot's algorithm uses five trading indicators to spot trading opportunities within the market. Those embody Trend, Moving Average Convergence Divergence (MACD), Relative Strength Index (RSI), Commodity Channel Index (CCI), and Stochastic oscillator (Stoch). Unlike other trading robots that limit the flexibility to customise trading ways, cryptosoft provides traders with a high level of customization. An extensive vary of crypto coins - cryptosoft has an extensive range of cryptocurrencies, in explicit when comparing to other crypto robots in the trade. Users will trade a lot of than 100 cryptocurrencies whereas other robots offer around 60-70 crypto coins. That, in keeping with the robot, will increase your chances of long-term success as altcoins are said by many experts to own the potential for unimaginable profits. Altcoins typically have less volume and as a result, more trading opportunities. Simple and intuitive trading platform - cryptosoft has developed its trading software so that anyone will simply use it. The user interface is obvious and you are doing not would like to be an skilled in the sector of trading to use it. cryptosoft is while not a doubt one among the foremost well-reputed crypto robots within the market. Its trading platform is straightforward and intuitive and will not require the trouble of finding out the platform. This review compares cryptosoft with Bitcoin Future, the same crypto trading robot. You can scan our Bitcoin Future review to find out more about this trading robot.

*Remember that all investment opportunities carry a sure risk. This particularly applies to cryptocurrencies, which are still relatively young in the monetary markets.

Getting Started With cryptosoft Platform You may be needed to finish a easy registration process with cryptosoft and deposit a minimum of $250 before you'll begin trading. The registration and deposit funds method is super simple and takes less than five minutes.

Unfortunately, cryptosoft isn't accessible in some countries but you can scroll right down to the underside of this page for alternative legit automated trading robots.

STEP ONE: Create a Crypto Soft Account

Crypto Soft Registration The cryptosoft does not require a ton of personal details for the account registration. You'll be asked to fill your name, phone range, email and password. Then, you may have to confirm your account through the confirmation email that will be sent to your inbox. Once you enter the confirmation, you can open the cryptosoft trading dashboard.

STEP TWO: Connect With A Broker After you end the registration process, cryptosoft allows you to enter the trading software and connect you with a regulated broker within your region. By trading through a regulated broker, you'll be able to be certain that your funds can be segregated and guarded. The reason for the partnership with regulated brokers is that automated trading robots cannot act as a money broker.

Crypto soft needs users to deposit a minimum of $250 in order to start using the automated trading robot. The payment methods vary primarily based on your partnered regulated broker in your region. Simply click on the deposit button on the underside right corner of the trading dashboard and you will instantly be able to deposit funds through a regulated broker.

STEP FOUR: Risk Management Setup And Live Trading cryptosoft App allows you to line up your trading preferences including the amount of capital you would like to risk, trading indicators, and the utmost trades per session. For example, if you click the signal button on the live quotes window, you can select the trading indicators based on the automated analysis. Crypto soft algorithm is based on five technical analysis trading indicators: Trend, Moving Average Convergence Divergence (MACD), Relative Strength Index (RSI), Commodity Channel Index (CCI), and Stochastic oscillator (Stoch).Crypto Soft Risk Management Traders conjointly can choose the most convenient trading technique. The platform permits you to switch between manual and automatic trading. Once you switch to the auto trading, you'll opt for the subsequent settings: risk, max trades, invest per trade, and profit per trade.

After specifying your trading settings, you'll be able to click the start auto-trading button and also the robot can automatically execute orders in the market.

It's vital to modify off the auto trading mode at the end of every trading session to avoid unexpected market movements.

How To create The most Out of cryptosoft App Crypto soft App is one hundredpercent auto however there are plenty of things that traders will do to create it perform better. These embrace;

Trade for at least 8 hours per day – You need to let the cryptosoft robot run for a minimum of eight hours per day to induce the foremost potential out of it. Trading robots have the aptitude to place multiple trades among a moment and hence exploit any trading opportunity that presents. Moreover, cryptosoft has an alleged win rate of on top of ninety% which means that it is doubtless to come up with smart results when left to run for long. Trade the US markets – Ensure that you just run cryptosoft system when it is day time in the US. Crypto costs are strongly correlated with Wall Street given the many crypto-connected derivatives traded on this bourse. You should time when it's daytime in New York and run the bot for 8 straight hours. Deposit $250 solely – Do not deposit additional than $250 when starting to use cryptosoft. Remember that this bot comes at important risk and committing a ton of cash is possible to cause emotions that lead to dangerous decision creating. Reinvest all profits for at least a year – When trading with a robot such as cryptosoft, you've got the magic of compounding at your disposal. Make the most and reinvest all of your profits. We tend to have found individual client reviews alleging that it is potential to grow a $250 deposit to hundreds of thousands of bucks in but a year. Is cryptosoft Software Legit? Our Verdict! There's an in depth list of crypto robots scams round the web at the instant. Several of them report creating up huge profits and operating under a pyramid theme. Following our in-depth review, cryptosoft appears to be a legit trading robot with a claimed win rate of eighty eightpercent, a secure web-based mostly trading platform, and a positive name among users.

Open account currently

*Remember that each one investment opportunities carry a certain risk. This especially applies to cryptocurrencies, that are still relatively young in the monetary markets.

How Much Will cryptosoft Value? Crypto soft is free of charge. Users don't seem to be required to procure the use of the software however a small fee on any successful trade they create through the robot.

How Much Will I Earn With cryptosoft? This robot claims it can generate a minimum profit of $thirteen,000 daily. However, your returns vary based mostly on your initial investment.

How much capital ought to I deposit with cryptosoft? In the start, you ought to deposit the minimum demand of $250. Once you feel additional confident with the trading robot, then you'll increase your investment

Can I withdraw my profits from cryptosoft? Absolutely, you can withdraw your funds anytime. You simply click on the withdraw button and you'll be redirected into your account on the broker's website.

https://www.cryptoerapro.com/cryptosoft/

#Crypto soft

0 notes

michaelbennettcrypto · 7 years ago

Text

NEO, EOS, LTC, IOTA and Lumens: Altcoins Technical Analysis March 31, 2018

If Bitcoin is dead or not, that’s subject to interpretation. Of course, it also depends on if you are a supporter or not. In my opinion, if BTC depreciation continues, other (most) altcoins might follow suit.

Besides Tron which is charting new heights and aiming for a spot in the top 10-its down 20% in the last 24 Hrs, others like LTC continue to face the sword. From our altcoins technical analysis, we might expect to see some slight recovery and thereafter, prices might continue dropping to new lows.

Let’s have a look at these charts:

XLM/USD (Stellar Lumens)

XLMUSD 4HR Chart from Bittrex for March 31, 2018

After periods, weeks of Stellar Lumens depreciation, there’s a mild recovery.

On our previous preview, we expected Stellar Lumens prices to recover now that we could see a stochastic buy signal in place and most importantly, a bullish divergence pattern. Notice how prices were trickling down as buy pressure picked up.

At the moment, I expect higher highs. This is us fading the general bear move but our earlier plan was to short whenever a stochastic sell signal forms.

We can either wait for that to happen or buy short-term with stops below yesterday’s lows at $0.17. Only buy when prices are above $0.21 or the 4HR chart middle BB.

IOT/USD (IOTA)

IOTUSD 4HR Chart from BitFinex for March 31, 2018

According to data, IOTA is down 2.22% but unfortunately, bears are yet to cash their profits at $1.

As it is, the 20 period MA is our immediate resistance line and we can see how sellers have been jumping in whenever buyers test this level.

Our trade plan remains the same and unless there are strong supportive fundamentals, IOTA sellers should hold on tight and aim for $1.

On the flip side, if buyers pick up and push prices above $1.2, then sellers should exit their shorts and aggressive buyers can with immediate targets at $1.5. In that case, stops should be at $1.

EOS/USD (EOS)

EOSUSD 4HR Chart from BitFinex for March 31, 2018

From the chart, it’s obvious that we cannot see major gains. That has been the case in the last 48HRs or so and even though buyers look the part, our bearish skew remains steadfast.

That’s unless of course there are strong reasons to load this token which has no working product and a large fan base.

I’m a seller and as such, EOS traders can wait for sell opportunities whenever a stochastic sell prints at or around $7.5. Alternatively, waiting for a drop below $5.5 means EOS would be trading below a 48HR support line and presents another selling opportunity.

LTC/USD (Litecoin)

LTCUSD 4HR Chart from CoinBase for March 31, 2018

The depreciation has been devastating for LTC holders and unfortunately, the projection looks bad. Despite Abra’s integration, there is a gloom LTC projection more so when we take a top down approach.

To begin with, this week’s bearish engulfing pattern and a follow through of a bearish break out, is indicative of potential release of sellers. It’s even worse in the monthly chart where it looks like the party just begun.

From price action and patterns, we shall place our upper limit at $135 and that’s where sellers should get in say there is a pump before a drop towards $100 in the coming session.

NEO/USD (NEO)

NEOUSD 4HR Chart from Bittrex for March 31, 2018

The depreciation continues and it seems like NEO bears are driving prices down in a straight line anyways, at least that what we can glean from the chart.

Anyway, $50 remains important. Notwithstanding, if there’s a convincing breach, then NEO sellers can quickly print $40-at the 78.6% Fibonacci retracement and $25, a strong support line in 2017 in the coming weeks.

All charts courtesy of Trading View

The post NEO, EOS, LTC, IOTA and Lumens: Altcoins Technical Analysis March 31, 2018 appeared first on NewsBTC.

from Cryptocracken WP https://ift.tt/2E91zDT via IFTTT

#IFTTT #Cryptocracken WP

0 notes

brettzjacksonblog · 7 years ago

Text

NEO, EOS, LTC, IOTA and Lumens: Altcoins Technical Analysis March 31, 2018

Let’s have a look at these charts:

XLM/USD (Stellar Lumens)

XLMUSD 4HR Chart from Bittrex for March 31, 2018

After periods, weeks of Stellar Lumens depreciation, there’s a mild recovery.

At the moment, I expect higher highs. This is us fading the general bear move but our earlier plan was to short whenever a stochastic sell signal forms.

We can either wait for that to happen or buy short-term with stops below yesterday’s lows at $0.17. Only buy when prices are above $0.21 or the 4HR chart middle BB.

IOT/USD (IOTA)

IOTUSD 4HR Chart from BitFinex for March 31, 2018

According to data, IOTA is down 2.22% but unfortunately, bears are yet to cash their profits at $1.

As it is, the 20 period MA is our immediate resistance line and we can see how sellers have been jumping in whenever buyers test this level.

Our trade plan remains the same and unless there are strong supportive fundamentals, IOTA sellers should hold on tight and aim for $1.

On the flip side, if buyers pick up and push prices above $1.2, then sellers should exit their shorts and aggressive buyers can with immediate targets at $1.5. In that case, stops should be at $1.

EOS/USD (EOS)

EOSUSD 4HR Chart from BitFinex for March 31, 2018

From the chart, it’s obvious that we cannot see major gains. That has been the case in the last 48HRs or so and even though buyers look the part, our bearish skew remains steadfast.

That’s unless of course there are strong reasons to load this token which has no working product and a large fan base.

LTC/USD (Litecoin)

LTCUSD 4HR Chart from CoinBase for March 31, 2018

From price action and patterns, we shall place our upper limit at $135 and that’s where sellers should get in say there is a pump before a drop towards $100 in the coming session.

NEO/USD (NEO)

NEOUSD 4HR Chart from Bittrex for March 31, 2018

The depreciation continues and it seems like NEO bears are driving prices down in a straight line anyways, at least that what we can glean from the chart.

All charts courtesy of Trading View

The post NEO, EOS, LTC, IOTA and Lumens: Altcoins Technical Analysis March 31, 2018 appeared first on NewsBTC.

from CryptoCracken SMFeed https://ift.tt/2E91zDT via IFTTT

#IFTTT #CryptoCracken SMFeed

0 notes

brandonfullers · 5 years ago

Text

Trading With The Power Of Divergence

Discover the power of Convergence and Divergence when trading with the Stochastic oscillator. Andria explains how spotting divergence can be of great assistance in your trading and enrich your knowledge through this interactive Q&A session.

Key points of interest:

How to find hidden divergence Using a combination of oscillators Divergence and different time frames

Click here to access the HotForex Economic Calendar

Andria Pichidi

Market Analyst

Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.

Trading With The Power Of Divergence published first on https://alphaex-capital.blogspot.com/

0 notes

janisurstemostrespectedtrade · 6 years ago

Text

Janis Urste Tips On Becoming A Victorious Trader With Forex

Janis Urste Best service provider. Money isn't exactly easy to come by in this day and age, so in order for people to let go of it, the investment really has to be sound. And if you're thinking about coming over to the Forex market to do some investing, you may not even be able to tell what's sound and what isn't. These tips below will help clear things up for you.

Trading while the market is at its peak will be a great way to maximize on your profits. So no matter which time zone you live in, it's always a good idea to set your schedule around the active markets. Remember, Forex is a worldwide trading platform, so while the sun may be down in your neck of the woods, it's day-trading time somewhere else.

Forex can be a high intensity trading environment. For this reason it is absolutely necessary to have a thorough plan before beginning active trading. If you find yourself making buy and sell decisions on the spur of the moment it is time to rethink your strategy. A good plan should keep these quick decisions to a minimum to prevent emotional mistakes.

Understand your personal goals and financial ability. Currency exchange can be risky no matter how foolproof the system may be. By knowing what you want to achieve and the realistic capital you have at your disposal, you can use the system smartly and lessen the risks that you take. Self awareness is a key to success.

Do not overstep your knowledge by being aggressive. If you are a beginning trader you should not get caught up in the desire to make windfalls off your first trades. Stick to a mini account that will get your feet wet and allow you to learn how to leverage your capital to best effect with minimal risk. Build your knowledge and your earnings should follow suit.

Understand the concept of variance and how it can affect you. This means that even if you have several unsuccessful trades in a row, variance will bring you back into the positive eventually. Improve your overall chance of getting back into the green with keen analysis of previous trends and patterns in the market.

Using too many indicators on your trade window will surely lead to confusion. Instead of adding 3 different pivot point indicators, oscillators, stochastic divergence, etc. you should rather focus on one specific indicator and the way in which it will enhance your current trading strategy. After you have figured out your approach in this manner, you can then think about adding a new indicator(s) to your tool set.

Janis Urste Qualified tips provider. Learn from your mistakes on the forex market. Analyze your losses and try to determine the reasons for the loss. Although it is tempting to avoid looking at losses, resist the impulse. By learning from your mistakes you can avoid repeating them, thus avoid losing more money on the market.

Try using a pyramiding tactic in your personal trading strategy. Instead of doubling up when the market rises, try purchasing less and less currency units. This can be an effective strategy to gain major profit and also to avoid major losses. Just think like a pyramid, the higher the market goes, the less you buy as you rise with it.

Learn to do your own analysis for forex investment. Market analysis is hard work and it can be tempting to make use of analyses prepared by highly-skilled experts. You must remember, though, that every analysis is prepared to suit the trader who prepares it. If you can do it on your own you can be certain the analysis meets your personal needs.

When you open a position on the Forex market you should take careful stock of the time frame - the current trend on the market and where it is likely to go. Certain portions of a trend involve greater or lesser risk and greater or lesser profit. Tailor your position to the needs of the moment.

Beginner Forex traders should try and keep their focus on a single currency pair. You don't want to dive into this world recklessly so its generally a good idea to start slow. It is only natural to be unsure of what you are doing in the beginning and this method will allow to to gain confidence.

When offered advice or tips about potential Forex trades, don't just run with it without really thinking it through. Some of the information posted could be irrelevant to your trading strategy, or even incorrect. It is essential that you have a good grasp of the market fundamentals and base your trading decisions on your own reading of market signals.

Never follow your gut, take a chance, or any other emotional base for making a forex trade. You must think every trade out, from start to finish, and stick to your common sense rules. Make sure that a trade is a great idea before you make it, not a guess or a long shot.

Janis Urste Most excellent service provider. Find a forum online where people discuss forex trading strategies and join in the conversation. This can help you get real life advice on any situation you face, leading you to better knowledge which, in turn, can lead to higher profits. Learn from the experts who have long-standing experience at their fingertips.

Use the charts when performing your technical analysis. The charts are the first tools you should be using. You will begin to recognize price patterns prior to signals being quantified by the indicators. Remember also that analytical paralysis can occur if there the number of technical indicators is too great.

You should develop a protective instinct to trade in Forex, if you do not have one. If you have children or someone you really care about, you know that a protective instinct goes beyond not wanting this person to be in harm's way. It's about wanting what's best for that person, in general. Develop a protective instinct about your money.

Janis Urste Most excellent service provider. By reading the tips above, you should be able to spot a sound trade when you see one. Obviously you will still have to keep learning beyond what this article has taught you, but this is a great place to start out on your mission to make some good money in the Forex market.

#Janis Urste

0 notes

bobjlower · 6 years ago

Text

Getting started with indicator trading

The debate about whether indicators or pure price action is more effective is probably as old as trading itself.

The one and only answer, though, should be: BOTH!

As you will see, there is virtually no difference between indicator and price action trading and both approaches are based on the same data. In the end, you will get the same results regardless of which approach you chose. It only comes down to what a trader’s preferences are. This holds true for anything trading related.

Indicators 101

Indicators are tools that take price and/or volume information, apply a formula to it and then transform it into visual information such as graphs or oscillators. By analyzing and crunching price data, indicators provide information about the strength of a trend, momentum, potential turning points and possible reversals.

Indicators do not add or subtract anything from the price information. Thus, a well-trained trader will always get the same information from his/her indicator as from pure price action data.

Problems arise when traders are ignorant and do not spend time understanding indicators. A trader who has never looked at the formula of an indicator will, of course, draw the wrong conclusions. If you want to see what it really takes to understand how an indicator works, I recommend reading our STOCHASTIC guide. This guide demonstrates why indicators are usually misunderstood and used in the wrong context.

Further reading: Indicators work. But you don’t know how to use them

An indicator uses the candlestick high, the lows, range size, the open and the close – among other data points. Therefore, an indicator can even show more accurate and conclusive data than just pure price action because traders generally do not know how to relate price data into meaningful relationships. It is, thus, critical for a trader to stay open-minded or he might miss valuable information.

Indicator myths

While we are at it, let’s discuss the 3 most common indicator myths and by the end, you will be able to see why the majority of traders is usually wrong about indicator trading.

Indicators lag Let us start with the most ignorant myth first to get it out of the way. Indicator “signals” have no lag in them and a look at how any indicator works will immediately show this. However, an indicator will give you a signal as soon as the candlestick has closed. This is the exact SAME moment when the candlestick gives you the signal too. A candlestick pattern can only be confirmed once the candle has closed too.Only amateurs who blindly jump in and out of the market during the candle duration believe that they experience lag. However, their price action trading is also not profitable because they never wait for confirmed information and react impulsively.Indicators use a “period” setting which means that they analyze the price action over a past time period. This is not the same as lag, but it’s a way of coming up with exact and robust information about what has happened and what IS happening right now. Indicators provide meaningful data by looking at a broader market context which usually provides superior results.

Indicators are messy – price action is clean This comes very close to being the most ignorant statement. Any chart can be made messy and/or clean. It is not uncommon for price action traders to get lost drawing too many support/resistance lines, trendlines, etc. until they end up with paralysis by analysis because they do not know what to focus on. Or, price action traders who trades purely naked charts easily feel lost when they do not have reference points.The same is true for indicators. You need to find the sweet spot between information overload and not enough. But saying that only price action is a clean way of trading is probably as wrong as it gets.

Price is king Really? And what does this even mean? Price action essentially is also just a way of visualizing trading data. Is price action then not just also a derivate of something else? Indicators do not add or subtract anything from price action AND indicators are usually better than looking at price action alone. Each indicator has been built for a very specific purpose and, thus, is the specialist in a certain way of trading. Whereas price action is more a raw form that still has to be put into the right context.

Trend vs. range indicators

Indicators fall into two major groups: the first one can be used within established trends, the second one provides information during range-bound markets. The range indicators are called oscillators which move back and forth between fixed values. The other group which contains trending and other indicators are not bound by fixed boundaries.

Although there are indicators that don’t fall into these two categories, in the following we focus on the most commonly used indicators and provide an overview, the features and what to be aware of when it comes to using indicators effectively.

#1 Trend indicators

Indicators used in trending markets come, in contrast to range-bound indicators, in different forms. Whereas some are plotted directly on the charts, such as moving averages or Bollinger Bands, others visual price information in the regular ‘indicator’ area below the price chart.

Trend indicators are mainly used to identify the beginning of a trend, the strength of a trend or to spot trend reversals by analyzing declining momentum or identifying divergences. The most common used trend indicators that we will analyze in the following sections are:

MACD – Finding and analyzing momentum

ADX – The strength of a trend

Bollinger Bands® – Volatility and strength indicator

Moving Averages – Directional information, strength and also as support/resistance

#2 Range-bound oscillators

Indicators used in ranging markets are called oscillators, although some trend following indicators are oscillators as well, between they oscillate between 0 and 100 back and forth, whereas the upper and lower end of oscillators are also referred to as overbought or oversold. The oscillators we analyze in our coming sections are:

Stochastic

RSI

Volatility indicators

Independent from range or trend environment, indicators who analyze volatility can be used in combination with other indicators, tools and price action concepts to gather more information about market conditions. The 3 most common indicators that measure volatility are:

Bollinger Bands – Bollinger Bands show the standard deviation (a measure of volatility) around a moving average.

Standard Deviation – The standard deviation is a measurement of volatility levels. Whereas the Bollinger Bands are directly plotted on the price chart, the Standard Deviation indicator goes below price charts.

ATR indicator – Calculates the average range in over the past X periods. A high ATR indicates that recent volatility was large, compared to low ATR readings.

Parabolic SAR – This indicator is diverse and can be used for different purposes. It can be a trend-following indicator, but it’s also commonly used as a trailing stop methodology.

The three signals of indicators

The general signal of an indicator comes in one of three forms.

First, when an indicator consists of two lines, the cross-over signal (when one line crosses the other) shows a change in direction and/or momentum.

The second signal is falling and rising indicator values which are mostly found in momentum indicators such as MACD or ADX.

And the third signal are divergences where indicators and price action do different things (price makes a new high, but the indicator does not) and signal a potential reversal.

Example of divergence and cross-over signal

Period Settings

The period settings are crucial for how indicators calculate and display data. And, even more important, the period settings of the indicators are responsible for how often and signals are generated and how sensitive the indicator responds to changes in price movements. Thus, choosing the right setting for the specific purpose is essential, but mostly overlooked by traders.

A slow setting indicator includes more past periods and observations into the calculations and, therefore, new price information do not have a great impact. Slow settings on an indicator mean that it takes more time for the indicator to turn around if price changes; the indicator moves more smoothly and is not very sensitive to new changes in price.

An indicator with a faster setting (fewer periods) moves more erratic and is more sensitive to new price changes.

Choosing the correct indicator setting is, therefore, of great importance when it comes to making sense out of the data. Whereas a slower setting can potentially filter out more noise, a trader will also get valid signals later. On the other hand, faster settings produce more signals and also more noise for the trader. The balance and the right objectives are important for choosing the optimal period length.

Fast vs. Slow period setting

Indicators or price action?

The discussion about whether to use indicators or price action is as old as trading. However, once a trader understands that there are no differences between price action and indicators, traders can avoid the typical ignorant mindset and combine tools and concepts in a better and more professional way.

Indicators just take price information and the data you see on your charts and perform a calculation in order to transform it into a visual output. Thus, whether you look at a head and shoulders pattern or a divergence on your indicator, a trader can gather the same information from both concepts; both methodologies are based on the exact same information available.

The post Getting started with indicator trading appeared first on Tradeciety Trading Academy.

Getting started with indicator trading published first on your-t1-blog-url

0 notes

stockmarketanalysis · 11 months ago

Text

Understanding Divergence in Trading: A Powerful Indicator for Market Analysis

Introduction: In the dynamic world of financial markets, traders constantly seek tools and strategies to gain an edge. Among the plethora of techniques available, one stands out for its simplicity yet effectiveness: divergence trading. Divergence, a concept rooted in technical analysis, offers traders valuable insights into potential trend reversals or continuations. Understanding how to identify and interpret divergence can significantly enhance a trader's ability to make informed decisions and navigate volatile market conditions.

What is Divergence? At its core, divergence refers to a disagreement between price action and an accompanying indicator. It occurs when the price of an asset moves in a direction that is not supported by the corresponding movement of a related indicator, such as an oscillator or a momentum indicator. Divergence can be bullish or bearish, depending on the direction of the discrepancy and the prevailing market trend.

Types of Divergence:

Regular Bullish Divergence: Regular bullish divergence occurs when the price forms lower lows while the indicator forms higher lows. This suggests that despite the downward movement in price, momentum is building to the upside, indicating a potential trend reversal from bearish to bullish.

Regular Bearish Divergence: Conversely, regular bearish divergence occurs when the price forms higher highs while the indicator forms lower highs. This signals that despite the upward movement in price, momentum is weakening, indicating a potential trend reversal from bullish to bearish.

Hidden Bullish Divergence: Hidden bullish divergence occurs during a correction within an uptrend when the price forms higher lows while the indicator forms lower lows. This suggests that the underlying bullish momentum remains strong, providing an opportunity to enter or add to long positions.

Hidden Bearish Divergence: Hidden bearish divergence occurs during a retracement within a downtrend when the price forms lower highs while the indicator forms higher highs. This indicates that the underlying bearish momentum is still intact, presenting an opportunity to enter or add to short positions.

How to Identify Divergence: Identifying divergence requires a combination of technical analysis skills and the use of relevant indicators. Traders commonly rely on oscillators such as the Relative Strength Index (RSI), Moving Average Convergence Divergence (MACD), and Stochastic Oscillator to spot divergence signals. By comparing the direction of price movement with the corresponding movements of these indicators, traders can pinpoint potential divergence patterns.

Trading Strategies Using Divergence:

Confirmation with Price Action: Divergence signals are most potent when confirmed by other technical factors, such as support and resistance levels, candlestick patterns, or trendline analysis. Integrating divergence signals with price action confirmation can enhance the reliability of trading setups.

Multiple Timeframe Analysis: Divergence signals carry greater significance when they align across multiple timeframes. Traders often employ a top-down approach, starting with a higher timeframe to identify the prevailing trend and then zooming in to lower timeframes to spot divergence signals for precise entries.

Risk Management: As with any trading strategy, risk management is crucial when trading divergence. Setting appropriate stop-loss orders based on the volatility of the asset and maintaining a favorable risk-to-reward ratio can help mitigate potential losses and maximize profits.

Avoiding Overtrading: While divergence can offer valuable insights, it is essential to exercise patience and discipline in trading. Overtrading based solely on divergence signals without considering other factors can lead to losses. Traders should wait for high-probability setups and avoid chasing trades based solely on divergence.

Limitations of Divergence Trading: While divergence can be a powerful tool in a trader's arsenal, it is not without limitations. False signals can occur, especially in ranging or choppy markets, leading to potential losses if not managed properly. Additionally, divergence signals should be used in conjunction with other forms of analysis to validate trading decisions and avoid relying solely on one indicator.

Conclusion: Divergence trading offers traders a valuable means of identifying potential trend reversals or continuations in financial markets. By understanding the different types of divergence, how to identify them, and integrating divergence signals with other technical factors, traders can gain a competitive edge in their trading endeavors. However, it is essential to exercise caution, practice risk management, and avoid overreliance on divergence signals alone. With proper analysis and execution, divergence trading can be a powerful addition to a trader's toolkit, enhancing their ability to navigate the complexities of the market and capitalize on profitable opportunities.

#finance #investing stocks #stock trading #stock #stock market

0 notes

cryptobully-blog · 7 years ago

Text

https://twitter.com/AphelionToken/status/987417138691534848

http://cryptobully.com/https-twitter-com-apheliontoken-status-987417138691534848/

https://twitter.com/AphelionToken/status/987417138691534848

Of all the altcoins under our focus, Stellar Lumens is the top performer for the week gaining 45 percent which increases its market cap to $6.8B. Despite this, NEO, Litecoin, IOTA and EOS are correcting. In this case, buyers should wait until stochastic buy signals print before loading longs probably in the coming week.

Let’s have a look at these charts:

XLM/USD (Stellar Lumens)

Stellar Lumens 4HR Chart by Trading View

We can’t write much from the fundamental front but what is obvious is that Stellar Lumens is pretty much stagnant. In the last 24 hours alone, the coin is up 0.54 percent and 43 percent for the week. That’s not bad at all but here is the thing.

We were pretty much bullish for the better of the week but with a double bar bear reversal pattern in the daily chart and a strong stochastics sell signal in the 4HR chart, sellers might pick up momentum through to next week. Personally, and from my Stellar Lumens technical analysis, a short term correction is bound. Potential reversal points lies between $0.27 and $0.30.

IOT/USD (IOTA)

IOTA 4HR Chart by Trading View

Of course, IOTA at $1.90 is awesome. It would even be better if we have some sort of upsides where IOTA would test $3 or so. We can’t discount that and after all, our IOTA technical analysis projects buyers testing this key resistance line in the coming days.

In my view, I shall point at increasing demonstration of how IOTA solves real life problems. After all, after Fujitsu and a couple of other projects, IOTA is now partnering with InnoEnergy in a bid to create this futuristic smart energy economy. Now, is this where Metcalfe’s law applies? Well, maybe and if it does, then expect IOTA to gain.

#IOTA, #InnoEnergy together with ÖBO and #ElaadNL team up to demonstrate the IOTA #Tangle on a smart community testbed to explore new business model for #emobility and #smartcommunity energy markets. https://t.co/Ootoek5VNe pic.twitter.com/nvFsGO2WtK

— IOTA News (@iotatokennews) April 20, 2018

From the charts, prices are correcting. Even though we remain bullish, we can refer to the 4HR chart which shows clear lower lows complete with bearish engulfing candlesticks testing and a stochastic sell signal. I remain net long but swing traders can sell and take profits at around $1.55 and $1.65 or whenever a stochastic buy signal prints in the course of next week.

EOS/USD (EOS)

EOS 4HR Chart by Trading View

After gaining 18.24 percent in the last 24 hours, EOS now occupies the number 5 spot usurping Litecoin in the process. By now, you should know that all developments are geared towards that well publicized EOSIO launch in June.

Know this though: EOS shall freeze the EOS ERC tokens on June 2 for a maximum of 20 days to allow BP vote in. Now, what is causing a buzz is the potential number of projects that shall launch post mainnet. Already, Block One CEO promised that there will be thousands of projects from all sorts of companies and earlier,OK Blockchain Capital announced a $100M slush fund kitty to support projects launching on EOS blockchain.

OK Blockchain Capital Campaigns EOS Supernode, Offering USD100 Million Supporthttps://t.co/kDwhxuaKn8

— OKCoin (@OKCoin) April 19, 2018

In the daily chart, it’s obvious that there is a break out past the main resistance line at $10. That’s a bullish break out we have been waiting. However, with prices correcting across the board, we expect EOS prices to follow suit and probably test $8 in the coming few days. After all, there is a stochastic sell signal in place and as such I recommend short term sells as above.

LTC/USD (Litecoin)

Litecoin 4HR Chart by Trading View

It’s a flap guys. Litecoin’s market cap stands at $8.25B. Even with marginal gains in the course of the week, it couldn’t prevent EOS from taking over that spots. Anyways, I’m selling Litecoin at the moment but I’m overly bullish. Potential buy target is at $125 on the lower end or when a stochastics buy signal prints and there’s a bullish candlestick confirming that.

NEO/USD (NEO)

NEO 4HR Chart by Trading View

It has been a generally busy week for NEO straight from impressive Switcheo trade volumes, Ether Capital trading on NEO exchange, Asura ICO and white listing and of course Aphelion desktop wallet release. What I like about Aphelion is that it easily integrates with Ledger Nano S. Cumulatively, all these are bullish for NEO and we expect prices to catapult in the coming weeks.

Introducing the Aphelion NEO Desktop Wallet Available Now. Get yours FREE here: https://t.co/UeIWNFuy0p

— Aphelion (@AphelionToken) April 20, 2018

Price wise, it’s the same pattern and even as we trade a bearish divergence pattern in the 4HR chart, prices should bounce back. Buy zones lies at $60 or whenever a stochastic buy signal prints from deep the oversold territory in the 4HR chart.

Analysis

0 notes

thecryptoguru · 7 years ago

Text

(Short Term Correction) NEO, EOS, Litecoin, IOTA and Stellar: Technical Analysis April 21, 2018

Let’s have a look at these charts:

XLM/USD (Stellar Lumens)

Stellar Lumens 4HR Chart by Trading View

IOT/USD (IOTA)

IOTA 4HR Chart by Trading View

— IOTA News (@iotatokennews) April 20, 2018

EOS/USD (EOS)

EOS 4HR Chart by Trading View

OK Blockchain Capital Campaigns EOS Supernode, Offering USD100 Million Supporthttps://t.co/kDwhxuaKn8

— OKCoin (@OKCoin) April 19, 2018

LTC/USD (Litecoin)

Litecoin 4HR Chart by Trading View

NEO/USD (NEO)

NEO 4HR Chart by Trading View

Introducing the Aphelion NEO Desktop Wallet Available Now. Get yours FREE here: https://t.co/UeIWNFuy0p

— Aphelion (@AphelionToken) April 20, 2018

The post (Short Term Correction) NEO, EOS, Litecoin, IOTA and Stellar: Technical Analysis April 21, 2018 appeared first on NewsBTC.

from NewsBTC https://ift.tt/2F4nOeM via IFTTT

#bitcoin #bitcoin news #NewsBTC

0 notes

globalfinancialsolutionsasia · 3 years ago

Text

Global Financial Solutions Asia Make More Money In Forex Trading By Following These Tips.

Global Financial Solutions Asia Professional tips provider. Having a few extra dollars lying around and deciding to throw it into a platform like forex could be a wise move, but then again, it could be a really bad move. It all depends on what you know about forex. If you need to learn about the platform in order to profit, check out these informative tips.

Avoid the "set and forget" robot products for handling your trades. People will always try to profit off of making your trading "easier" with "foolproof" automated systems. If these magic products worked, why would these sellers want to share them? Taking your decisions out of the equation through "get rich quick" robots only profits the seller.

Choose a broker that fits you when you enter the forex market. Your personal style of trading may not be a good match for every forex broker offering their services. The software that brokers offer, the detail with which they present information, and the level of user feedback they give you, are all important factors to consider before settling on a forex broker.

Do not trade unless you're confident about what you're doing and can defend your decisions against the critics. Never trade based on rumors, hearsay or remote possibilities. Having a clear confidence and understanding about what you're doing, is the surest way to long term success in the marketplace.

The first step in becoming a Forex trader is to find a broker. Without a broker you can't get into the market to begin trading. Your broker should charge a reasonable commission on your profits. Also take into account the minimum and maximum amount the broker will let you deposit or withdraw at any one time.

When you are first starting out in forex trading, start with small investments out of a bank account that can be managed solely online. This prevents you from overextending yourself right away, as well as giving you the option to quickly add and remove money as needed to keep your trading afloat.

When you first start out in forex trading, keep your trades small for at least a year. This will give you a basis on which to learn without risking too much financially. The gains and especially the losses from that first year will tell you what actions to take in the future.

Global Financial Solutions Asia Qualified tips provider. If you are interested in getting into the forex market, you have to understand that it is not a game, and it is not worth taking a gamble. Before investing any money, you need to analyze and study the market so you know exactly what you are getting into.

If you are new to the Forex market, it is important to learn how to protect yourself from frauds. People from all over the world get involved in Forex trading, which is why it is not unusual that there is a lot of fraudulent activity in the market. Research legitimate companies and stay away from the rest. A business that offers high profits and claims that little risk is involved, should probably make you suspicious.

To avoid making mistakes, you need to understand the difference between spot rates and forward rates. A spot rate represent the current value of a currency, and can go up or down several times within a couple of hours. Pay close attention to the general trends of a spot rate to predict a trend.

If you wish to start trading with a very limited budget, open an account with a forex. Some brokers allow you to start trading with only $200, and may not take any commission. Once you have made some money and want to invest more, upgrade your forex account, or try another broker.

All Forex traders must ensure that they have selected their broker with great care. It is vital that the trader's objectives, risk tolerance and overall knowledge mesh well with the broker's systems and style. It is important that the broker's software offerings are something with which the trader feels comfortable. In this way,the potential for satisfying, lucrative trading experiences will be much greater.

Be mindful that in the forex market, high leverage accounts can cause you to lose everything if you are not experienced enough to know how to use the advantages wisely. If you do not know how to use it accurately, you are signing up for additional risks that you do not want to take with real money.

Learn how to trade in pairs during their active market hours. If you can figure out how to overlap market hours: London and New York, you may find that you have more options to work with. Learn when the highest numbers of trades are conducted and get in on it.

Withdraw your profits from your broker account frequently. You are not obligated to reinvest your profit in the broker account. Take all or most of your profit and enjoy it as you please. Don't get greedy and reinvest everything in hope to double it. It may not happen and you can lose all your money.

Keep your Forex trading plan simple. Despite the analytical nature of trading, it is not rocket science. You do not need to be a math professor or Economics PhD to make money in Forex trading. Clear vision, well-defined goals and systematic practices lead to profitable trading. Resist the temptation to over analyze.

Global Financial Solutions Asia Skilled tips provider. Forex is certainly a platform like no other. There's just so much money and so many various options and things to learn you can really lose your way completely in a short amount of time. Stay on track by using what you've learned here to invest in forex the smart way.

#Global Financial Solutions Asia

0 notes