How to trade stocks like Tiffany & Co. using imbalancesAs mentioned in previous supply and demand technical analyses. When trading supply and demand imbalances we don’t really need any indicator or add-on tools to tell us how and when to place a trade. Let’s take a look at Tiffany % Co. stock #TIF using supply and demand imbalances as technical analysis without using a single indicator dragged on the chart, just price action and impulses.
When looking at the weekly chart, it’s clear there bearish impulses are stronger than the bullish impulses. These impulses have created a brand new weekly supply imbalance around $110 per share and reacting to it very strongly. The bias is shorts right now since bearish impulses are stronger than bullish impulses. You can used these impulses and use other trading strategies to take shorts on the way down, or even use options strategies to take long puts on the way down. See weekly chart with the weekly supply imbalance drawn around that price area.
Imbalance
Swing RSI 2nd attempt signalThis indicator generates buy and sell signals when it detects a market imbalance based on candle levels and RSI. It is optimised for BITMEX:XBTUSD , 1H timeframe, candle or bar chart.
It is not recommended for other instruments or timeframes.
Have a look at the backtesting results here:
It has also been tested for live trading and there is no repainting and it proved to behave as per the backtesting.
Give it a like to try it for 7 days for free. Keep in mind that it may not generate any signals during that time but you can explore how it behaved in the past.
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To exit a short trade, close 50% of the trade when the price goes below RSI 20. The rest 50% exit when you get a LONG signal.
To exit a long trade, close 50% of the trade when the price goes above RSI 80. The rest 50% exit when you get a SHORT signal.
You are supposed to be familiar with the financial markets and the fact that - when the market is trading within a range - the Signal will not generate any trade alerts.
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Gold XAUUSD sell opportunities off supply zonesGold XAUUSD sell opportunities with monthly and weekly supply imbalances in control. A very strong monthly supply level around $1310 has gained control a few weeks together with a smaller but stronger supply imbalance on the weekly timeframe around $1336. As explained in previous long term analysis on GOLD XAUUSD, no longs are allowed in this precious metal when a bigger timeframe has gained control.
Location and context are key to understanding when we are allowed to place a trade in one direction or another. No longs are allowed on Gold right now, only shorts at new supply imbalances.
This is affecting many gold related stocks like Kinross Gold KGC, Yamana Gold AUY, Barrick Gold GOLD amongst others american NYSE stocks.
AUDUSD Forex cross pair forecast for shortsAUDUSD Forex cross pair is reacting to a weekly supply level located around 0.7232 price area. Price has reacted strongly to that weekly supply zone creating brand new imbalances on lower timeframes like the daily chart. There is a new daily supply zone created around 0.7226 as a reaction to weekly supply zone.
Weekly timeframe is still in a downtrend. Dollar Index is getting stronger as well creating new daily demand imbalances in a big picture uptrend.
We don’t need fundamental analysis in order to make a trading decision when we analyse the markets using supply and demand imbalances.
Anglogold Ashanti Limited gold related american stock buy setupAnglogold Ashanti Limited gold related american stock buy opportunities with monthly demand level around $7.50 in control and creating new monthly and weekly demand zones after creating a very strong bullish impulse as a reaction to that imbalance.
New monthly and weekly demand levels created around $10.40 and $10 respectively. We cannot and should not sell short a stock if there are new demand levels being created, impulsive moves are now bullish eliminating supply levels, the bias should be longs at new demand levels.
We do not take into consideration any fundamental analysis, no earnings announcements or volume, we do not need any of that to make a trading decision based on supply and demand imbalances. We just need to know where those imbalances are located and what is the bigger picture trend on the stock.
You can also use various options strategies to take longs at demand imbalances, long calls, spreads or any other strategy that you might have on your trading plan.
Still if you want to pay attention to fundamental analysis of this stock, as reported by Bloomberg, AngloGold Ashanti Ltd. said full-year profit, excluding some one-time items, climbed more than sevenfold from 2017, after it shut and sold mines in South Africa and lowered amortization in Brazil.
Headline earnings for the period are expected to be between $207 million and $224 million, up from $27 million the previous year, the Johannesburg-based miner said in a statement on Monday.
No need to pay attention to fundamentals, in this case it is also helping the trading decisions to go long since the fundamentals also give us a bullish bias, but fundamentals will most of the time align against these imbalances preventing us from taking high probability trade setups.
Marriott International american stock buy setups at demand levelMarriott International american stock buy opportunities at new demand levels. Very strong monthly demand level took control at $104, the strength of that impulsive move is the strongest one for months on this american stock. Monthly is in an uptrend and there is a very strong monthly demand in control, no shorts are allowed.
There is also a weekly demand level located around $100 right within that monthly demand that is also in control and playing out. In an uptrend we buy demand levels and that is what is going on right now on Marriott International american stock. We are looking to go long again if we get new demand zones created.
This supply and demand technical trading analysis and bias could help you make a more educated trading decision in your own trading strategy since you now know there is a very strong bullish bias with such a strong monthly demand imbalance in control and new demand zones being created in lower timeframes.
We do not take into consideration any fundamental analysis, no earnings announcements or volume, we do not need any of that to make a trading decision based on supply and demand imbalances. We just need to know where those imbalances are located and what is the bigger picture trend on the stock.
You can also use various options strategies to take longs at demand imbalances, long calls, spreads or any other strategy that you might have on your trading plan.
Does it really matter that Kaskela Law LLC announced a shareholder class action lawsuit against Marriott international, Inc. and encourages investors to contact the firm. Well, what can we say about it? We do not really care about that as long as the long term bias is bullish and there are strong demand zones in control like the one now on the monthly timeframe.
S&P ASX 200 Australian index longs at demand zonesS&P ASX 200 Australian index long bias.
Previous strong weekly demand level in control from around 5720. New very strong weekly demand created at 5804
Waiting for weekly highs to be solidly broken before going long again. Longs lower at weekly demand imbalance or new
daily and weekly demand zones if weekly highs are broken
Forex EURJPY weekly supply imbalanceForex cross pair EURJPY is dropping on the weekly and creating new supply levels at 134.9 for potential shorts. It is quite a wide zone and they are usually penetrated deeper so expect a reaction but deeper into the level. In a downtrend supply imbalances are respected and demand zones and levels are removed. Short bias on EURJPY.
Monthly uptrend and demand level in control on German DAX 30Monthly uptrend on German DAX 30 index. Monthly demand level in control. Longs at new D1 and H4 demand levels. Shorts could happen if monthly demand zone is eliminated
Netflix #NFLX new weekly demand levelsNetFlix #NFLX american stock is creating a brand new weekly demand level around 226.50. Previous weekly demand imbalances around 186 and 147 have played out nicely. Waiting for a retracement to this potential new imbalance to go long again.
Long bias with brand new demand levels being created at all time highs scenarios.
Blackrock Inc. clear longer bias with new weekly demand levelsBlackrock Inc. clear longer bias with new weekly demand levels being created. Price has not pulled corrected for months hence no retracement to buy setups at weekly demand imbalances created around 526, 481 and 424 price areas respectively. Long term long bias at weekly and monthly demand zones with new demand imbalances being created and respected.
#APPL Apple US Stock longs at D1 and weekly demand levelsApple weekly timeframe is pausing before it breaks out creating second leg out
Price did not pullback yet to weekly demand at 158, previous weekly demand imbalances at 150 and 142 have played out nicely
Longs at new weekly and daily demand levels
Dollar Index DXY short bias, monthly downtrendDollar Index DXY has a short bias, monthly downtrend with new supply zone created overhead, shorts at daily and weekly supply imbalances around 91 and higher. There is a void to be filled if monthly lows around 91 are broken. Most USD cross pairs are filling that void already and breaking lower. Shorts as well at daily and weekly supply zones on USDCZK, USDPLN, USDSEK, USDSGD, USDCLP, USDRON, and a few more.
Lufthansa AG #LHA Stock supply and demand long term analysisLufthansa AG #LHA Stock supply and demand long term analysis. Very strong monthly demand zone around 20 price area for long term buy setups. This will take some time to happen. New weekly demand zones being created higher for a shorter term position. After such a strong rally in price a bigger retracement is expected