Sentences with phrase «on daily timeframe»

The Kijun line appears to be crossing below the Tenkan line on the daily timeframe, which could be an indication of another round of drops towards the support level of 0.1691.

As you can see from the screenshot above, the level of 18.50 was a major resistance level on the Daily timeframe.

Their charts agree with that on the weekly timeframe, but show better strength on the SPY and QQQ on the daily timeframe than in the IWM.

But my problem is my levels, especially the trendlines on daily timeframe are often not respected by weekly timeframe candles.

I am new here and in forex still trading on demo though i trade on daily timeframe but am so apprehensive that anytime it turns to negative, I would always close the trade against and take the new trend and eventually it turns again, I do same thing and it makes me count too many losses.

Im using heiken ashi candles, two volume weighted moving averages and the awesome oscillator to assess trend on daily timeframe, with check on weekly for longer term.

You say you take between 5 and 10 setups per month and only trade on the daily timeframe.

Hello Justin, I am going to be using the engulfing pattern on the daily timeframe.

Their charts agreed with that on the weekly timeframe, but showed better strength on the SPY and QQQ on the daily timeframe than in the IWM.

Hi Dan, In case you are not seeing a selling setup (PA) on a Daily timeframe, then the lower timeframes should not be an issue.

I always start with applying the rules on a Daily timeframe first.

The RSI on the daily timeframe is trending lower but near the mid line and holding in a bullish range while the MACD is continuing lower.

Sterling / Dollar continues to be pressured on the daily timeframe with a breakdown and daily close below 1.260 triggering a steeper selloff towards 1.250.

Thanks Nial, I will focus on Daily timeframes only because easy to see a trending market & sketch the key level.

Another great an timely insight to trading, everyone has to work out in their own mind how to trade and everytime I seem to be working out something You seem to bring out an article reinforcing my theories.I am taking your advice and learning price action one at a time and decided to concentrate only on three pairs to start with eur / usd aud / usd [your local currency and gbp / usd my local currency.I did not know the euro trading volume was that high.Also your advice on starting on daily timeframes is spot on as it helps to stop overtrading to start with and also teaches patience which I think is so Important, along with position sizing.You can't be a master without first being a novice!

Not exact matches

I must admit I do have a weakness for MacD, and stochastics, but all these things have not helped me in being consistent, as well as having a penchant for dwelling on the lower timeframes (even though I do a proper top down analysis starting with the daily chart).

Although the daily chart is useful for seeing short - term trends, trade setups on the monthly timeframe can be more explosive, especially when they align with bullish price action on the weekly and daily chart intervals.

This is a great Tutorials Video on Trading the Pin Bar buy signal with 50 % advanced Tweak Entry on the Daily Chart timeframe.

I must admit I do have a weakness for MacD, and stochastics, but all these things have not helped me in being consistent, as well as having a penchant for dwelling on the lower timeframes (even though I do a proper top down analysis starting with the daily chart).

Their charts all looked strong on both the daily and weekly timeframes.

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.

Their charts agreed and look better to the downside on both the daily and weekly timeframes.

I trade (on paper) only when the expected daily timeframe direction is the same as the weekly, and I use a stoploss which is worked out on the sum of the two largest recent daily candles I only look at the market for decisions just before my providers daily candle finishes, which is two hours ahead of gmt, and is around the quietest time in the market.

Their charts agree and look better to the downside on both the daily and weekly timeframes.

The SPY and QQQ are showing strength on both the daily and weekly timeframes while the small cap IWM is already running out of gas.

And only from that framework can we fully account for oscillations in the oceans» pH on daily, annual, decadal and millennial timeframes.

Sales Associate — Diamond Works, Philadelphia, PA — 2/2007 — 4/2009 • Performed accurate calculations on the spot to inform customers of purchasing totals and savings amounts • Pitched and closed sales successfully with an average 85 percent of weekly walk - ins • Upheld a clean and comfortable work environment with daily sanitizing and organizing duties • Informed customers of return policies, order processing and delivery timeframes, and warranties for every product purchased • Awarded Employee of the Quarter for five consecutive quarters for consistently achieving the highest number of sales