Sentences with phrase «trade daily charts»

(not to mention a lot less stress since i only trade daily charts now).

If they only trade Daily charts and less trades, HOW are they able to perform so well within FIVE (5) DAYS?

You can trade the daily charts, the 1 minute charts or anything in between.

However, I think that what you say is quite right and I am going to trade the daily charts even if it means trading about 10p per pip.

I prefer to trade the daily charts and trade in a relaxed and stress - free manner; if there's a trade setup that meets my pre-defined criteria, I enter the trade, if not, I walk away until the next day usually.

Since I trade the daily charts most of the time, I run my stops according to daily chart price action setups and to the dynamics of the daily chart price action.

You are much better off learning to trade the daily charts so that you can see what all the market movement resulted in each day, rather than trying to analyze and make sense out of each little tick of the lower time frames....

There are many false signals on lower time frames and so you have to know how to properly trade the daily charts before you can understand how to properly trade the lower time frames.

As I discussed thoroughly in a recent article on trading daily chart time frames, you can significantly improve your trading by ignoring time frames under the 1 hour chart all together.

This is what I have examined over the year by trading daily chart I don't need to set in front of the PC as Its going to do what its going to do.

the trend is your friend... trying to counter trade a daily chart is very brave but probably not healthy..

Really appreciate your articals, I am now only trading daily charts as you suggest which is changing the game for the better.

I have traded end - of - day strategies successfully for more than 12 years, so it's no surprise that my trading courses and tutorials are focused on end - of - day price action analysis and trading daily charts.

Before i was so obsessed with staring at the chart on 1 hour time frame but my first monthly profit on a $ 5000 account was $ 600, and it came when i traded a daily chart fakey on GBPJPY, leaving the trade for 4 days and my profit was hit.

* Note: If you're trading the daily charts, you may need to give your trade more breathing room.

Since I started to read your articles my trading skills improved a lot, trading daily charts avoid many things like over trading, noise in the market etc..

i sometimes trade the daily chart, based on ur pin bar revearsal strategy.

If your trading the daily chart, and looking for a 2 to 1 risk reward, then there just make sure the chart, levels and trend allow for this.

Trading daily charts that close at 5 pm New York time is important because this marks the end of the current Forex trading day and the start of the new trading day as New Zealand trading opens.

So, in essence, you lose quantity, but you gain quality when trading the daily charts, not a bad trade - off when you consider your hard - earned cash is at stake.

One massive advantage to trading the daily charts is that it slows things down.

There's no need to be impulsive when trading the daily charts.

Number 8 is so true, trading daily charts are so much simpler.

Note the guy who traded the daily chart had a 50 % win rate with the 4 hr trader had only a 40 % win rate.

I personally believe in trading the daily chart with low frequency, meaning I take much fewer trades than most traders.

Tight consolidation can be traded but it needs to be done on lower time frame charts and is best left until you are very skilled at trading the daily chart first.

I trade a very small acct so have a harder time trading the daily charts, but I find the principles applicable to lower time frames after gleened from the day charts.

If your goal is long - term consistent profitability, I suggest you focus your analysis on trading the daily charts in forex.

Not exact matches

While indicators show that buying has slowed for the stock, Lang's daily chart for Workday showed that the stock's June decline went hand - in - hand with a decline in trading volume.

By comparison, the daily chart of the iShares Russell 2000 Index ETF ($ IWM) shows the recent weakness that has led to a breakdown below three different levels of technical price support: the low of the multi-week trading range (around $ 93), the 20 - day exponential moving average (beige line), AND the dominant uptrend line (which began with the November 2012 low):

$ IHI broke out from its last base three weeks ago, and the price is still trading near its highs (above the 10 - day moving average on the daily chart).

In our Wagner Daily swing trading newsletter (a completely separate service of the stock screener), we manually scan through hundreds of charts every night, cherry pick only the best - looking stock and ETF trade setups, then e-mail subscribers our exact and predetermined buy trigger, stop, and target prices.

Dropping down to the shorter - term daily chart interval, we also see a tight base of consolidation trading around the 50 - day moving average, with two higher lows in early and late December.

Presently, there are a handful of stocks that meet my criteria for selling short (former leading stocks blowing up), but I have not yet spotted low - risk swing trade entry points on the daily charts.

The breakout above resistance on the weekly chart, combined with the pullback on the daily chart, provides for a positive reward - risk ratio for this ETF trade setup.

The first winning trade of this month period was an interesting fakey pattern that formed on the daily chart of the S&P 500 within the recent runaway trend this market was in just before all the recent volatility set in.

Due to the fact that daily chart trading strategies are critical for all traders to learn, we all need to see the most accurate and relevant daily chart closing price.

The following daily chart illustrates the technical setup for this potential trade:

Traders who are planning on being members of my trading community need to have the correct NY close 5 - day charts since my price action strategies are focused around the daily charts and all my members use the correct NY close charting platform.

Global X FTSE Colombia 20 ($ GXG), an international ETF, was initially listed in the ETF trading section of our Wagner Daily newsletter a few weeks ago, due to the strong base of consolidation that was forming on the weekly chart.

Drilling down to the daily chart interval below, we see the 50 - day moving average (teal line) now trading above the 200 - day moving average (orange line), and both indicators are moving higher.

In the members» daily trade setups newsletter, we discuss potential trade setups and provide detailed chart analysis on Currency Pairs, Commodities, Stock Indices and more.

We'll tell you why it does not matter later in this article, but let's first take a quick look at the daily chart pattern of the S&P 500 SPDR ($ SPY), a popular ETF trading proxy for the benchmark S&P 500 Index:

The technical swing trade setup for $ MX is shown on the annotated daily chart below:

The PowerShares QQQ Trust ($ QQQ), an ETF trading proxy for the Nasdaq 100 index, has a very similar daily chart pattern:

Based on the weekly and daily chart patterns above, we have officially added $ IBB to our watchlist as a potential swing trade setup on the short side.

The technical trade setup for TZA is shown on the daily chart below:

I have been recommending a bullish position from the 5370 level & if you took the trade, the stop loss has been raised to 5282 as the chart structure will also start to improve on a daily basis starting next week, therefore, lowering the monetary risk.

Looking at a daily chart, the last two weeks of trade has constructed volume dissimilarity notwithstanding the cost stability to benefit hundreds of percent — suggesting that the investiture of a internal tip might be entrance shortly in the XRP markets.

On the daily chart, the CNYUSD has been trading in a triangle pattern since early October, and a break - out in price either up or down from this level can be expected in the next few days.