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Everything about Renko Chase Indicator for Forex trading

mardi 23 octobre 2018

Renko Chase Trading System for MT4
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  • Platform: Metatrader 4 Only
  • Trading Style : Renko Chart
  • Latest Release: v2.2


This trading system is Non-Time charting system based on Japanese Renko Charting, with this combined indicator oriented for forex & stock traders and investor, suitable for any style of trading, the power key of the system is the correct manner how to use renko chart, settings that never revealed on the internet, even found it’s wrong technics how to build the renko chart correctly.

Support All Pairs and All Markets :

  • Forex, Futures, Stocks, Indices, CFDs, Commodity, Indian Markets, Bitcoin & Cryptocurrency, Bitcoin, Etherium ...
  • Two in One! 2 Pre-ready templates for Conservative Long terms Trading & Agressive Mode for Scalping & Day-trade Mostly used.
  • Almost Free Risk System, Trading based on Price Behavior, Big target and tight loss ( 25 to 30 Recommended as Stop Loss )
  • Notification in Real-Time by Sound, Pop-up Alert, Email, Push Notification for Mobile Metratrader on : iOS & Android


How to Use this Strategy ?
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The main rule to use this system is synchronize your trading with the economic news to confirm that upcoming news will not be against the signal appeared by the system, to avoid get in wrong signal when negative news turns scales against your position.

NOTE: Trial Copy available for demo Upon RequestBuy License for Real Account
We deliver Package within 24h or Less

Trading Strategy inside:
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There are 2 trading strategy can be used with this combined system depend on trader style for Scalping & Day-trade or Conservative trading.
For scalping and days trade we always recommend to use Aggressive mode, while you can use Conservative mode for Swing & long terms investment, everything work with news, this trading strategy is unique that give you psychological comfort, away of Candlestick time-frame charts, don't miss any trading opportunities, Suitable for Scalping, Daytrade and Short/Medium terms trading by using Aggressive trading mode, as can be used for Long terms investment with Conservative mode suitable to trade GOLD, SILVER, CFDs, Indices & Cryptocurrency Trading.
Advantage with Renko Chase

  • Renko Chase clearly indicate support and resistance levels, easy to define your target and stop Loss level.
  • Renko charts filter out the noise of wicks and are based solely on price without time.
  • No Chart Pattern knowledge required, save your time and miss translation analysis.
  • Super mechanic trading system with High Performance trend direction
  • Suitable for any style of trading, scalping, Day trade or swing investment
  • Auto-reverse trading system, enter and exit at opposite signal.
  • The best system to drive safe trading by synchronize signals with economic news.
  • Power Signal can make from 10 to 1000 pips from 1 position with very tight loss
  • Congestion areas can be analyzed more efficiently with the true price.
  • Easy system to avoid trading inside the price recession area and reversal bars
  • Work with All Markets Forex, Gold, Oil, CFDs, Stocks & Share, Cryptocurrency...ect
  • Very profitable during release of high volatility news and speech.
  • Perfect symmetric trading rules for Sell or Buy positions

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More Infos on Official Website:
www.renkochase.com

Developed By:
www.cit-investing.com



Everything about Renko Chase Indicator for Forex trading
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Bitcoin (BTC) Long Term Price Forecast

dimanche 21 octobre 2018
BTC/USD Long-term Trend: Ranging

Resistance levels: $7,200, $7,400, $7,600
Support levels: $6,400, $6,200, $6,000

The BTC/USD pair had been range bound since the beginning of the month. The digital currency commences a range bound movement each time price test the $6,800 price level. On September 21, the crypto's price reached the high of $6,782, and the price fell to a range bound movement. Also, on September 27 and October 15, the bulls tested the $6,800 resistance level and were repelled. Price was ranging above the $6,600 before the BTC price had a downward fall.

The crypto's price is ranging at a price of $6,301.66. Meanwhile, the price of Bitcoin is below the 12-day EMA and the 26-day EMA which indicates that the bearish trend is ongoing. The MACD line and the signal line are below the zero line which indicates a sell signal. Meanwhile, the Relative Strength Index period 14 is level 46 which indicates that price is in the range bound zone.


The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

Source: https://bitcoinexchangeguide.com



Bitcoin (BTC) Long Term Price Forecast
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Daily Market Analysis from FreshForex

vendredi 19 octobre 2018

GBPNZD is showing a good buy from 1.97123-1.9817 towards 2.0474



Daily Market Analysis from FreshForex
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Litecoin (LTC) Daily Price Forecast – October 18

jeudi 18 octobre 2018
LTC/USD Medium-term Trend: Ranging

Resistance Levels: $66, $68, $70
Support Levels: $46, $44, $42

Yesterday, October 17, the price of Litecoin was in a sideways trend. On October 15, the digital currency had a price rally which made the price to reach the high of $62 but pulled back to the low of $56. Litecoin had been fluctuating below and above the $56 price level. As the crypto's price is consolidating, the key levels of the market are not evenly apart. Therefore trading is not recommended until when price is out of the range-bound zone.

Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. In addition, the price of Litecoin is neither above nor below the 12-day EMA and the 26-day EMA which indicates that price is in the sideways trend zone.


LTC/USD Short-term Trend: Ranging

On the 1-hour chart, LTC price is in a sideways trend. However, the price of Litecoin is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone. In addition, the MACD line and the signal line are above the zero line which indicates a buy signal.


The views and opinions expressed here do not reflect that of BitcoinExhangeGuide.com and do not constitute financial advice. Always do your own research.


Source: https://bitcoinexchangeguide.com



Litecoin (LTC) Daily Price Forecast – October 18
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Ethereum (ETH) Long Term Price Forecast

lundi 15 octobre 2018
ETH/USD Long-term Trend: Bearish

Resistance Levels: $350, $370, $390
Support Levels: $180, $160, $140

Last month of September, the price of Ethereum had been on a range bound movement. In September, Ethereum had an opening balance of $282.80 but fell to the low of $196.60. Later it commenced a range bound movement all through the month to close at a price of $228.62. In the month of October, Ethereum was in a range bound movement for ten days before the bearish trend.

Ethereum is currently trading at $199.78 as at the time of writing. Price is expected to rise as the digital currency has reached the oversold region.

Meanwhile, the price of Ethereum is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. The Relative Strength Index period 14 is level 34 which indicates that the market is oversold signaling bears’ exhaustion and suggesting bulls to take control of the market.


The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

Source: www.bitcoinexchangeguide.com



Ethereum (ETH) Long Term Price Forecast
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Bitcoin (BTC) Daily Price Forecast – October 11

jeudi 11 octobre 2018
BTC/USD Medium-term Trend: Bearish

Resistance Levels: $7,000, $7,200, $7,400
Support levels: $6,100, $5,900, $5,700

Yesterday, October 10, the BTC price was in a Bearish trend. The bulls had been holding the price above $6,500 in the last ten days. This cause Bitcoin to be stagnant and range bound above the $6,500 price level.

Today, the bulls have succumbed to the bearish pressure. The bears have broken the $6,500 price level and price is approaching the $6,200 price level.

The next move is likely to be the $5900- $6,000 price levels. Traders are to look out for buy setups at the end of the bearish trend. Nevertheless, the MACD line and the signal line are above the zero line which indicates a buy signal. The price of Bitcoin is below the 12-day EMA and the 26-day EMA which indicates that price is falling.


BTC/USD Short-term Trend: Bearish

On the 1-hour chart, the BTC price is in a bearish trend. The price of Bitcoin is below the 12-day EMA and the 26-day EMA which indicates that price is falling. The Relative Strength Index period 14 is level 18 which indicates that the market is oversold signaling bear’s exhaustion and suggesting bulls to take control of the market.


The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

Source: https://bitcoinexchangeguide.com



Bitcoin (BTC) Daily Price Forecast – October 11
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Litecoin (LTC) Long Term Price Forecast

lundi 8 octobre 2018
LTC/USD Long-term Trend: Ranging

Resistance Levels: $60, $70, $80
Support levels: $50, $40, $30

The LTCUSD pair had been in a range bound movement in the month of September 2018. It has an opening balance of $62.07 but closed with a balance of $60.39 as at the end of the month. The digital currency fluctuates between the levels of $50 and $65.

As a trader, you can make partial profits as the digital currency ranges between the range bound zone. You can initiate a long trade at the lower level of price range and exit at the upper level of price range and Price is currently fluctuating at the lower level of price range and it is expected at the upper price level.

Meanwhile, the price of Litecoin is below the 12-day EMA and 26-day EMA which indicates that the bearish trend is ongoing. Meanwhile, the Relative Strength Index period 14 is level 38 which indicates that the market is oversold signaling bears’ exhaustion and suggesting bulls to take control of the market.


The views and opinions expressed here do not reflect that of BitcoinExhangeGuide.com and do not constitute financial advice. Always do your own research.

Source: https://bitcoinexchangeguide.com



Litecoin (LTC) Long Term Price Forecast
Read more ...