//@version=5 indicator("SMA Crossover", shorttitle="SMA Cross", overlay=true) // Input settings fastLength = input.int(9, title="Fast SMA Length", minval=1) slowLength = input.int(21, title="Slow SMA Length", minval=1) // Calculate moving averages fastSMA = ta.sma(close, fastLength) slowSMA = ta.sma(close, slowLength) // Plot the moving averages plot(fastSMA, color=color.blue, linewidth=2, title="Fast SMA") plot(slowSMA, color=color.orange, linewidth=2, title="Slow SMA") // Plot buy/sell signals longSignal = ta.crossover(fastSMA, slowSMA) shortSignal = ta.crossunder(fastSMA, slowSMA) plotshape(longSignal, style=shape.labelup, location=location.belowbar, color=color.green, size=size.small, text="BUY") plotshape(shortSignal, style=shape.labeldown, location=location.abovebar, color=color.red, size=size.small, text="SELL")
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 8.5/61.80% Chart time frame: D A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress: B A) Keep rising over 61.80% resistance B) 61.80% resistance C) 61.80% support D) Hit the bottom E) Hit the top Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern. When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point. As a great help, tradingview provides these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved. If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks. If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
EUR/GBP has bounced off the pivot and could rise to the 1st resistance which acts as a pullback resistance. Pivot: 0.8273 1st Support: 0.8223 1st Resistance: 0.8317 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Gold continues to sustain its strong bullish momentum, approaching a key resistance level with solid support from U.S. tariff uncertainties and strong central bank demand. The primary trend remains intact, reinforced by the trendline and EMA 34-89, signaling that the market is operating within a stable upward channel. With growing expectations that the Fed may cut interest rates in 2025, investor sentiment continues to favor trend-following buy strategies. As prices remain close to dynamic support levels and above key moving averages, prioritizing trend-based trading remains the optimal approach — because in trading, the trend is always your most reliable ally.
Just an idea for possibly Long on XRP Whtite lines are my TP Let me know what you think Not a financial advise!
In this video we explain you everything about the crypto market and how it operates! We explain you why you are liquidated multiple times and much more! Very important informations have been finally revealed! This video will help you to adapt new mentality and strategy which will help you to take right decisions in the future! This video will help you to finally become profitable! Trade safe
Earlier today, the Reserve Bank of Australia cut rates by 25 basis points as widely expected. The accompanying communication leaned to the hawkish side with respect to the outlook on future rate cuts, which kept the Australian dollar propped up. As for Fed rate expectations, the market is currently pricing in 40 basis points of cuts in 2025. Meanwhile, risk sentiment has been improving in recent days due to an alleviation of stress around tariffs and a potential peace deal between Russia and Ukraine. Key standouts on Tuesday's calendar include UK employment data, a speech from BOE Governor Bailey, German and Eurozone ZEW sentiment, Canada inflation data, New York Empire manufacturing, NAHB housing, and Fed speak. That's all for now. Exclusive FX research from LMAX Group Market Strategist, Joel Kruger
Gold prices rebounded today, climbing close to record highs around $2,935. From a technical perspective, gold is moving sideways within a price range. There are two possible scenarios: 1️⃣ The price continues to consolidate, forming a triple-top pattern. 2️⃣ Gold breaks resistance, paving the way for a new all-time high. ? What do you think? Will gold break out or stay range-bound? Drop your thoughts in the comments!
My last analysis was looking for an entry around 193.20. Price doesn’t seem like it wants to hit that area. (Reference d1). Looks like a bull flag has been made but our first wave is showing a bearish exit. I’m in the trade short already looking to break our previous low. Good luck out there!!
Hello Traders, Been trying to wrap my head around this current bounce we are having since the liquidation spike. We have two options 1) We are currently creating an Contracting Leading Diagonal to start off the 5th Wave (currently shown above) 2) We are in a 4th wave and heading down to finish the major wave 4. We have not started wave 5 yet. im currently cautiously taking very small profits in this range in case we are going for another leg down. I do like this current count and slightly think we have an higher probabilistic bullish count. If we break the origin of wave 2 in the contracting LD (around $2.27) then that breaks the bullish count and most likely heading lower to finish the major 4th. Thank you GOD BLESS and Trade on!