The following daily chart of GBP / JPY shows that pin bars taken with the dominant trend can be very accurate.
The following daily chart of Powershares Nasdaq Trust ($ QQQ), as an ETF proxy for the Nasdaq 100 Index, shows that the price action in this ETF has been contained by a relatively tight ascending trend channel (annotated by the red lines) since forming its «swing low» support level on June 4.
The following daily chart of GBP / JPY shows that pin bars taken with the dominant trend can be very accurate.
The following daily chart illustrates the technical setup for this potential trade:
Since pictures are always more powerful than words, just take a look at
the following daily chart of $ SPY from the year 2007.
On
the following daily chart of the benchmark S&P 500 Index SPDR ($ SPY), a popular ETF proxy for the broad - based S&P 500 Index, we have highlighted the reclamation of its 50 - day moving average:
The following daily chart of Tesaro ($ TSRO) clearly shows a tightening of the right hand side of the basing pattern:
In a way that is a good thing I think, but the amount risked is so high
following daily charts...
As a bear market evolves,
follow the daily chart for key turning points and act defensively at all times.
Not exact matches
There has been a wide range of returns in the three - and 12 - month periods
following daily closes of the VIX below 14, as the
chart above shows.
The weekly
chart below shows the long - term uptrend in TMF, while the
daily chart that
follows shows the potential breakout above the intermediate - term downtrend line.
This next
chart is a
daily combo
chart we've been
following for some of the US stock market indexes which is showing some interesting price action.
In the
following daily USD / JPY
chart we can see an ideal pin bar formation that resulted in a serious move and trend reversal.
Just few days ago stock.nu published a post with
charts showing that empirical distribution of
daily lows
follows a U-shaped pattern, i.e.
daily low is not equally likely to happen at any time during the trading day, rather low is more likely to occur near the open or the close.
Notice on the
daily chart below, a pin bar reversal buy signal formed today as buyers came back into the market
following the brief pull back that took place over the last six days.
The
following chart, taken from the paper, shows the rolling 250 - trading day correlation between U.S. stock market returns and gold returns (in U.S. dollars) based on
daily data.
The patients were
followed for more than three years, and half of them were able to read three more lines on the eye
chart, which translated to critical improvements in their
daily lives as well.
The
following charts, which you can print out for
daily use, are very useful
daily guides for low carb fruits and vegetables: Low Carb Vegetables Low Carb Fruits
It is best to
follow a
daily diet
chart as this will help you to stick to your diet.
Nutrition
chart One cup of mangoes (225 gms contain) contains the
following percentages that apply to
daily value.
Include the
following: Class roll, seating
chart, copy of classroom rule and consequences,
daily schedule, list of medical alerts and medication times, emergency lesson plans, emergency procedures, names of teachers and students who can provide assistance, and map of school.
You really don't have to take my word for it though, check out some of my free forex videos, forex strategies, or
follow my free
daily forex trading commentary if you would like to see for yourself just how powerful forex candlestick
charts combined with my price action setups can be.
Combining both weekly and
daily charts when trading high growth stocks makes trend
following much clearer.
On the
daily chart, we see the aforementioned post-earnings rally and how NFLX stock has neither seen any
follow - through buying after the up - gap nor any meaningful retracement lower to fill the gap.
Just yesterday I tried to
follow your price action method on a
daily chart..
I'm
following your advice as a newbie, to trade only on
daily charts and with the obvious trend.
Its been 6 yrs fx trading and i am returning back to the basics of Discipline you have written about... I think to start a new by moving up to 4 hr and
daily from the smaller
charts... also having a trading plan written down on paper so to review how well I
followed my plan... I have been to emotionally tied to my trades, i think the above changes will break this link..
I was trading in the 1 hour
charts and it was killing me, so much anxiety, now I'm
following your suggestion to trade on the
daily charts, and it's great!
In the
following daily USD / JPY
chart we can see an ideal pin bar formation that resulted in a serious move and trend reversal.
S&R levels are based on the higher timeframe's and goes as
follows: H1 (hourly)
chart — support and resistance levels are based on the
daily chart.
As we discussed in our members area last week, traders not already long can still watch for pull backs ideally
followed by a price action buy signal on the 1 hr, 4 hr or
daily charts to get long.
The
following chart is a 30 - minute
chart of the currency pair GBP / USD with pivot levels calculated using the
daily high, low and close prices.
All quoted portfolio performance figures outside of our
charts use
daily data for time periods
following our conversion to real money.
The
following chart shows amounts of pellets to be fed to your rabbit on a
daily basis.
It's a very simple spreadsheet (with a lot of lines) because newborn puppies should be weighed in
daily in the first few weeks — and their growth should
follow a breed - specific
chart.
In general, the
following Great Dane feeding
chart will state the usual amount of food in a Great Dane diet based on actual products that can be given to different ages and gender, on a
daily basis:
In the past, bitcoin has made major tops
following the confirmation of the bearish price RSI divergence on the
daily chart.