This trade is posted based on the DAILY TREND LINE tool (already explained into my education chart on SILVER), whereby the DAILY TREND LINE (red line) has shifted by Friday's close from its resistance level at 1.3200 to its new supportive level of 1.3068 suggesting that price will move HIGHER. You can buy this pair from the dotted and regular blue lines and...
Reading the chart: 1- From left to right, you will see that three daily bullish candles have formed (the three green boxes). 2- Your will also see that a directional daily candle has been formed on Wednesday (the blue box). 3- You will see that a daily bearish candle has been printed yesterday (the red box). 4- As you see, the dotted yellow line (Expected Minor...
You can long this pair from the regular green line and add once it triggers UP the dotted blue line. MOVES Trading is a new strategy benefiting from both UP & DOWN MOVES with the ability to determine TOPS and BOTTOMS for each MOVE depending on moving averages, trend and price action.
This pair has been MOVING UP since 17 days and we will see how we predict the next DOWN MOVE from its early TOP. Reading the chart: 1- The chart shows that the dotted yellow, blue and green lines are upper the regular yellow, blue and green lines, which means that a Higher High is expected for today's candle. 2- The chart shows that price is trading near prior...
Into this chart, I have defined basics for analyzing the chart, trend lines and price action through a different view to explain my new strategy of MOVES TRADING. 1- How Bottoms (support) & Tops (resistance) are formed for each UP or DOWN MOVE. 2- How Bullish, Bearish, Inside and Directional candles are formed. 3- How to read the hourly chart within its daily...
A trade AGAINST the UP TREND. The current UP MOVE on this pair has started since 11 days with no signs yet appearing for the next DOWN MOVE. Accordingly, we are bullish on this pair up to the prior top and will take any reasonable downside pullback to buy. However, it is time to look for the next DOWN MOVE and i am watching for a price action to join the short...
A trade AGAINST the UP TREND. The current DOWN MOVE on this pair has started since 3 days with no signs yet appearing for the next UP MOVE. Accordingly, we are bearish on this pair back to the prior bottom and will take any reasonable upside pullback to sell. MOVES Trading is a new strategy benefiting from both UP & DOWN MOVES with the ability to determine TOPS...
A trade WITH the UP TREND. The current DOWN MOVE on this pair has started since 3 days with no signs yet appearing for the next UP MOVE. Accordingly, we are bearish on this pair back to the prior bottom and will take any reasonable upside pullback to sell. MOVES Trading is a new strategy benefiting from both UP & DOWN MOVES with the ability to determine TOPS and...
A trade WITH the UP TREND. The current UP MOVE on this pair has started since …. days with no signs yet appearing for the next DOWN MOVE. Accordingly, we are bullish on this pair up to the prior top and will take any reasonable downside pullback to buy. MOVES Trading is a new strategy benefiting from both UP & DOWN MOVES with the ability to determine TOPS and...
A trade AGAINST the UP TREND. The current UP MOVE on this pair has started since 13 days with no signs yet appearing for the next DOWN MOVE. Accordingly, we are bullish on this pair up to the prior top and will take any reasonable downside pullback to buy. However, RSI is now at the overbought territory suggesting a DOWN MOVE to the blue or green lines,...
A trade AGAINST the DOWN TREND (Be careful). The current DOWN MOVE on this index has started since 13 days with no signs yet appearing for the next UP MOVE. Accordingly, we are bearish on this pair back to the prior bottom and will take any reasonable upside pullback to sell. However, RSI has moved so fast to the oversold territory and an UP MOVE up to the blue...
The current DOWN MOVE on this pair has started since 6 days with no signs yet appearing for the next UP MOVE. Accordingly, we are bearish on this pair back to the prior bottom and will take any reasonable upside pullback to sell. MOVES Trading is a new strategy benefiting from both UP & DOWN MOVES with the ability to determine TOPS and BOTTOMS for each MOVE...
A trade AGAINST the DOWN TREND (be careful). The current UP MOVE on this pair will end within 1 day to start the next DOWN MOVE. Accordingly, we are bearish on this pair back to the prior bottom and will take any reasonable upside pullback to sell. MOVES Trading is a new strategy benefiting from both UP & DOWN MOVES with the ability to determine TOPS and BOTTOMS...
A trade WITH the UP TREND. The current UP MOVE on this pair has started since 8 days with no signs yet appearing for the next DOWN MOVE. Accordingly, we are bullish on this pair up to the prior top and will take any reasonable downside pullback to buy. We will decide at the prior top if will keep this long or not. MOVES Trading is a new strategy benefiting from...
A trade WITH the DOWN TREND. The current DOWN MOVE on this pair has started since 8 days with no signs yet appearing for the next UP MOVE. Accordingly, we are bearish on this pair back to the prior bottom and will take any reasonable upside pullback to sell. We will decide at the prior bottom if will keep this short or not. MOVES Trading is a new strategy...
A trade WITH the DOWN TREND. The current UP MOVE on this pair has started since 1 day with no signs yet appearing for the next DOWN MOVE, however, I will look for the level between the green and red lines to short this index since USDJPY & USDCHF are moving lower which gives me a clue that the current UP MOVE on this index is not the right direction of the market...
A trade AGAINST the UP TREND. The current DOWN MOVE on this pair has started since 1 day with no signs yet appearing for the next UP MOVE. Accordingly, we are bearish on this pair back to the prior bottom and will take any reasonable upside pullback to sell. MOVES Trading is a new strategy benefiting from both UP & DOWN MOVES with the ability to determine TOPS...
A trade AGAINST the UP TREND. The current DOWN MOVE on this pair has started since 3 days with no signs yet appearing for the next UP MOVE. Accordingly, we are bearish on this pair back to the prior bottom and will take any reasonable upside pullback to sell. Use the blue line to short. MOVES Trading is a new strategy benefiting from both UP & DOWN MOVES with...