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Easybee59

Study of trading considerations in 20190617 EURAUD.In this EURAUD M15 graph before the day closing of Friday 20190614, EasyBee59 counted the bar downward consecutively from -1 to -9. It created a sky-blue snr (support and resistance) line. The Stochastic value during that thime was below 20%. After entering a new day in 20190617 the price actions went sideway in a range of 21.3 pips mostly in the area between the sky-blue snr and yesterday's low level until the close of Sydney around 1 PM Bangkok time. By the open of London session around 2 PM Bangkok time, SMA5 had crossed above and stayed over SMA13. Around 3 PM Bangkok time when Tokyo session ended, a bullish candle closed obviously above the sky-blue snr line with the label cc59 counting of "+1" and "close above high (CAH)" occured. These were considered an onset of a new uptrend. Therefore, a hypothetical buy order could be sent out at the open of the next candle with a take profit target of 50 pips and a stop loss of 16.5 pips. By 8 PM Bangkok time, the target of 50 pips reached near the level of yesterday's high not long after the openning of New York session. The target was met within that day so there was no swap interest issue.
Education
by nimit.chomnawang
PTG11C2003A showed the end of 56% trading the nine investment.20190608 A daily graph of PTG11C2003A showed the end of 56% trading the nine investment. From left to right, a white supply line was drawn between the first two local maximum points. This white line extended to the right like a laser beam shining into the future. The price candles went sideway under this line until the 20190527 bar closed above SMA5 (yellow thin line) and EasyBee59 printed a green "CAH" label on the graph. At the open of 20190528 bar (+2), a buy entry could be sent out. When CC59 counting reached "+9" on 20190607 candle, the position could have been closed at the openning of 20190608 candle to book a 56% return based on "Trading the Nine" strategy. From that moment on, it does not matter how the price would go on it's path. We will keep looking for a new investment opportunity that will surely come.
PEducation
by nimit.chomnawang
Study of CAH tool in a monthly chart of a US stock FBHistorical study of using CAH tool in EasyBee59 for TradingView with a monthly chart of a US stock FB: In this chart, a white supply line connecting the highest points of the first two months was drawn. When the monthly price broke above this supply line and the first "CAH" or "Close Above High" label was printed on the chart by EasyBee59, a buy order was hypothetically sent for a long position at the open price of the next month. If this long position was held up until now (20190617), the return of this investment could have reached 650%.
FEducation
by nimit.chomnawang
20190617 Use of HHHC tool with a monthly chart of PLNT stock.Historical study of using HHHC tool in EasyBee59 for TradingView with a monthly chart of a US stock PLNT: In this chart, a white supply line connecting the highest points of the first two months. When the monthly chart broke above this supply line and the first "HHHC" or "Higher High Higher Close" label was written on the chart by EasyBee59, a buy order was hypothetically sent for a long position at the open price of the next month. If this long position was held up until now (20190617), the return of this investment could have reached 400%.
NYSE:PLNT
by nimit.chomnawang
20160617 Use of a daily graph with HHHC tool in BTCUSDT trading20160617 historical study: Use of a daily graph with HHHC tool in BTCUSDT trading. In a daily graph of BTCUSDT, the EasyBee59 for TradingView tool marked orange "Max" labels on 20160530 and 20160602 candles. A white supply line could be drawn by linking these two maximum points together. On 20190606, a label "K-Min" appeared below that candle where the stochastic value was below 20%. When the 20190610 candle closed above the SMA5 line in the way that it engulfed the preceeding red candle. This signaled a high possibility for afterward bullish direction. This candle also set both of it's high and close points higher than the high of previous candle. This is called the "Higher High, Higher Close" or "HHHC" condition that set a high possibility that the price would continue in its upward direction.
by nimit.chomnawang