Trade the Break - forex market hours on sunday

Trade the Break ~ forex market hours on sunday

In trade the break, we see exactly where to place our entries and exits for both short and long positions.For this strategy, the trick is not so much in the entry price but in the stop loss. Many retail traders have no problem identifying areas of entry since the directional bias is to follow the momentum. However, the correct placement of the stop loss is what separates winners from losers.

Time Frame

Trade the break works with the 15-minute (M15) or 30-minute (M30) candle.

This means that each candle on the chart represents 15 minutes or 30 minutes of price movement.

Indicators

No indicators are used for this strategy.

Currency pairs: majors: EUR/USD, GBP/USD, USD/JPY, USD/CHF,USD/CAD, AUD/USD.

Rules

Trade the break is all about momentum. A big clue is seen when prices close above resistance or below support. This clue tells us that momentum is building strongly on one side. When prices close above resistance, that candle is called the breakout candle. A long trade is then taken at the opening

price of the next candle. The stop loss is placed below the midpoint of the prior range because we do not expect prices to fall back below that point.

When prices close below support, that candle is also called the breakout candle. A short trade is then taken at the opening price of the next candle.

The stop loss is placed above the midpoint of the prior range because we do not expect prices to rise above that point.

Long Trade Setup

We use the AUD/USD on M15 time frame to illustrate long trades. Here are the steps to execute the trade the break strategy for long:

1. Use at least two lows and two highs to identify the support and resistance levels.

2. Identify a candle that closes above the resistance. This is the breakout candle.

3. Enter long at the opening of the next candle.

4. Set the stop loss at the 60% mark of the range (distance between the support and resistance) below the resistance. In this example, the dis- tance between the support and resistance is 41 pips; the stop loss is set at 25 pips below the resistance.

Set two profit targets for this trade. The targets are set at a risk to reward ratio of 1:1 and 1:2 respectively. Since the stop loss is 44 pips (distance between the EP and the SL), the first profit target will be 44 pips, and the second profit target will be 88 pips. (se picture)

Short Trade Setup

We use the AUD/USD on M15 time frame for illustrating short trades. Here are the steps to execute the trade the break strategy for short:

1. Use at least two lows and two highs to identify the support and resis-tance levels. 

2. Identify a candle that closes below the support. This is the breakout candle.

3. Enter short at the opening of the next candle.

Trade the Break

4. Set the stop loss at the 60% mark of the range (distance between the support and resistance) above the support. In this example, the distance between the support and resistance is 42 pips; the stop loss is set at 26 pips above the support.

5. We set two profit targets for this trade. The targets are set at a risk to reward ratio of 1:1 and 1:2 respectively. Since the stop loss is 31 pips (distance between EP and SL), the fi rst profi t target is 31 pips, and the second profi t target is 62 pips. (See picture .)

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Bands Volatility Scalping - forex trading times nz

Bands Volatility Scalping ~ forex trading times nz

Bands Volatility Scalping is a trend following strategy, the purpose of this system is find the trend after an explosion of volatility.

Time Frame

test 150-220 360 ticks (this strategy works best on time frames based on ticks);

1 min time frame.

Currency pairs:EUR/USD, GBP/USD

Sessions London and New York.

Indicators:

Bollinger Bands (12, 1, 1)

Envelopes ( 3 pèeriod, 1, deviation: 0.01);

I use these previous indicators for determine the new trend.

ADX (14) for examine the strength of new trend.

Long entry when the following signals take place: The candle is closed, and it price is above of the upper band of Bollinger bands and Envelope

ADX ( Average Directional Movement Index) line value is higher than 30 but lower than 50 which means that the trend is probably good.

D+ line is > D- line.

Exit long: when the current price is below of the Envelopes line or the middle line of the Bollinger Bands. Initial stop loss on the previous low swing. Set also trailing stop and an optional fast profit. target.

Short entry when the following signals take place: The candle is closed, and it price is below of the lower band of Bollinger bands and Envelope

ADX ( Average Directional Movement Index) line value is higher than 30 but lower than 50 which means that the trend is probably good.

D- line is > D+ line.

Exit short: when the current price is above of the Envelopes line or the middle line of the Bollinger Bands. Initial stop loss on the previous high swing. Set also trailing stop and an optional fast profit. target.

Bands Volatility Scalping

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Eur Jpy gata de long - best forex trading platform android

Eur Jpy gata de long ~ best forex trading platform android

Dup? un val de impuls Eur/Jpy a realizat o corec?ie tip flag ?i se preg?te?te pentru o nou? mi?care impulsiv? ce poate trimite pre?ul c?tre linia proximal? a zonei de ofert? de la 136.00.

Înscrieri la Cursurile de Analiz? Gann ?i abonare la Buletinul de Analiz? S?pt?mânal? Gann pe email
gannmasterforex@gmail.com  si pe Patreon.com

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Forex News Scalping - forex trading hours oanda

Forex News Scalping ~ forex trading hours oanda

 Forex News Scalping is a strategy based on movement of the price of currency pairs when economic news is released.

Open an Economic Calendar ad example Forex Factory Calendar.

Look for the more important economic news to be released.

Identifies the news that influential the forex market, determine the currency pairs that going to be

affected.

Time Frame 5 min but is not important.

10 minutes before that the news is released place two pending stop orders 15 pips above the current price and 15 pips below the current price.

Generally the forex market before the news is quiete.

But when the economic news is released the currency pairs can do large pip movements in eighter direction. This large mouvement of the price can be a good occasion for scalpers for generate profits.

But not forget that there large spreads.

Step 1

we have two pending order EUR/USD with profit target and stop loss of 15 pips.

Step 2

The news is released.

Step 3

A our order, open the position ( for example buy).

Step 4

Close opposite pending order.

Step 5

Waiting for the result of the trade.

Forex News Scalping

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Managerizare short GBP JPY - forex trading platform best

Managerizare short GBP JPY ~ forex trading platform best

În analiza noastr? de diminea?? spuneam c? lira sterlin? versus yenul japonez dezvolt? un triunghi expandat ce ar trebui s? trimit? pre?ul pe zona lui 183.70, zona noastr? de targetare.
Analiza noastr? a fost confirmat? de pia?? ?i în acest moment pre?ul a ajuns pe zona de targetare. Marc?m profitul pe pozi?ia noastr? short la +125 de pips.

Înscrieri la Cursurile de Analiz? Gann ?i abonare la Buletinul de Analiz? S?pt?mânal? Gann pe email
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Stochastic and Parabolic Sar Scalping - forex trading times new zealand

Stochastic and Parabolic Sar Scalping ~ forex trading times new zealand

This scalping system is based on the Stochastic and Parabolic Sar indicators Its a Trend momentum trading system.

Currency pairs: top majors EUR/USD, GBP/USD, AUD/USD, USD/CHF.

Index: S&P 500 and Dow Jones.

Indicators:

Stochastic oscillators: 13,8, 3, close);

Parabolic Sar (0.0, 0.02);

Rules

Open 60 min chart and determinate the current short trend.

If the short trend is up – trades only long (buy), If the short trend is down – trades only short (sell).

Buy

Trend is up.

Dot the parabolic indicator is below the candle price.

Wait the Stochastic bounces the bottom and crosses upward, at the opening of the next candle place a buy order.

Sell

Trend is down.

Dot the parabolic indicator is above the candle price.

Wait the Stochastic bounces the top and crosses upward, at the opening of the next candle place a buy order.

Stop loss 2 pips below the previous high/low swing.

Profit targe 5- 10 pips (discretionary).

Stochastic and Parabolic Sar Scalping

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Riding the Bull or Bear news strategy - forex market hours new year

Riding the Bull or Bear news strategy ~ forex market hours new year

Anticipating Results (Most Aggressive Strategy)

The trader has an intuitive feeling (a hunch) for the outcome of the economic data. It is not a wise strategy to put on a trade before an economic news announcement. But if the trader has an informed point of view, putting on thetrade before the news announcement is an aggressive play that can be very profitable if correct. The key risk of being wrong and having the price move against you is important to minimize.

Tactics for the aggressive strategy are as follows: About 15 minutes before the economic data release, locatethe5-minute or 15-minutec hart.Locate support and resistance levels. Use the average true range (ATR) at the default setting of 14 periods. Place a market order in the direction you desire. Place a stop loss order at 2 times the ATR. Should you put on a limit order? In trading the news, the idea is to be ready for a big move But we don’t know if a big move will come. So a small limit order targeting 10 to 15 pips would be like eating cake with artificial sweeteners. If you’re going to trade the news, focus on controlling the risk. The idea is to take a ride on the bull or bear, get on before the break of the news, and then try to stay on to get the most out of the move. So I don’t recommend a small limit. You might want to put on a larger limit of 75 pips.

Getting off the trade in a news event requires a high level of skills in identifying shifts in sentiment. Renko charts are a powerful tool for this. Remember, riding a bull or bear represents high risk. But if you want to try it out, do it with small lots on and test your skills.

Riding the Bull or Bear

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Stochastic Switch - forex trading hours on sunday

Stochastic Switch ~ forex trading hours on sunday

Stochastic Switch system is really simple and works extremely well on the 4-hour

timeframe (but works on other timeframes too!).

Indicators:

Stochastic Oscillator (with 5,3,3 settings)

Stochastic Oscillator (with 30,9,9 settings)

A BUY Trade

When the Stochastic(30,9,9) Main Line is ABOVE the Signal Line we then

look to BUY.

A BUY signal occurs when the Stochastic(5,3,3) Main Line crosses ABOVE

the Signal Line.

Stochastic Switch

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CCI Flash Scalping - forex trading hours london time

CCI Flash Scalping ~ forex trading hours london time

CCI flash scalping is a forex tradind system trend momentum very fast. A nice little 5-minute system – ideal for riding London morning session trends.

Time Frame 5 min.

Currency pairs: EUR/USD, GBP/USD.

Indicators:

Commodity channel Index (20 period close);

Exponential moving average (34 period, close).

CCI Flash Scalping trading rules

Sell

For a SELL trade we want price to be trending down and BELOW the 34ema.

We SELL when the CCI(20) crosses down BELOW the -90 line(level).

Buy

For a BUY trade we want price to be trending down and ABOVE the 34ema.

We BUY when the CCI(20) crosses down ABOVE the +90 line(level).

Exit position at the opposite conditions or make profit with target 5-7 pips.

Initial stop loss 15-20 pips.

CCI Flash Scalping

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GBP JPY expanding triangle - forex trading platforms with bonus

GBP JPY expanding triangle ~ forex trading platforms with bonus

GBP/JPY a finalizat o mi?care descendent? din 5 valuri ?i ulterior a realizat o structur? de consolidare într-un triunghi expandat. În imaginea de mai sus putem vedea graficul de 1 or?, unde pre?ul a str?puns nivelul de suport al unghiului 2x1. Deschidem o pozi?ie short la 184.99. Ne a?tept?m ca pre?ul s? continue mi?carea descendent? pentru finalizarea valului (C) în zona lui 183.70 unde ne fixam targetul zilnic.

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Forex trading with Volatility Market - forex market hours live

Forex trading with Volatility Market ~ forex market hours live

We will identify volatile market for forex trading:

Bollinger bands: very wide or visibly wider compared to last flat period.

CCI: levels of this indicator are far from 0 line and changing consistently to any direction.

RSI: levels of this indicator are below 40 or above 60, changing direction. We avoid trading if it stays somewhere around level of 50, as it indicate price consolidation or flat market.

Scenario 1 – moderate swings

Open buy:

(1) EMA5 crosses EMA10 from below to upper direction, (2) RSI crosses 50 line from below to upper direction and (3) Stochastic direction is up or just changed direction to up.

Important: if Stochastic indicator meets buy conditions, one of (1) and (2) conditions are met and other are close to these conditions buy order also should be opened.

Close buy:

(1) EMA5 crosses EMA10 from above to lower direction or (2) RSI crosses 50 line from above

to lower direction or (3) Stochastic crosses level of 80 from above to lower direction.

Open sell:

(1) EMA5 crosses EMA10 from upper to lower direction, (2) RSI crosses 50 line from above to lower direction and (3) Stochastic direction is down or just changed direction to down.

Important: if Stochastic indicator meets buy conditions, one of (1) and (2) conditions are met and other are close to these conditions sell order also should be opened.

Close sell:

(1) EMA5 crosses EMA10 from below to upper direction or (2) RSI crosses 50 line from below

to upper direction or (3) Stochastic crosses level of 20 from below to upper direction.

Scenario 2 – seeking for extremes

Open buy:

(1) Price candles became far below both EMAs and current current candle touches EMA5, (2) RSI reached level of around 30 or less and is reversing upwards and (3) Stochastic is below 50 line and it‘s direction is up or just changed direction to up and (4) CCI reached level below -100 (optimal if below -200) and is reversing upwards.

Important: if Stochastic indicator meets buy conditions, one of (1) (2) and (4) conditions are met and other are close to these conditions buy order also should be opened.

Close buy:

(1) EMA5 crosses EMA10 from above to lower direction or (2) RSI crosses 50 line from above

to lower direction or reached level of about 50 and reverses downwards or (3) Stochastic crosses level of 80 from above to lower direction.

Open sell:

(1) Price candles became far above both EMAs and current current candle touches EMA5, (2) RSI reached level of around 70 or more and is reversing downwards and (3) Stochastic is above 50 line and it‘s direction is down or just changed direction to downwards and (4) CCI reached level above 100 (optimal if above 200) and is reversing downwards.

Important: if Stochastic indicator meets buy conditions, one of (1) (2) and (4) conditions are met and other are close to these conditions sell order also should be opened.

Close sell:

(1) EMA5 crosses EMA10 from bellow to upper direction or (2) RSI crosses 50 line from below

to upper direction or reached level of about 50 and reverses upwards or (3) Stochastic crosses level of 20 from below to upper direction.

Forex trading with Volatility Market

First trade we missed quite nice trade oppurtunite, because Bollinger Bands indicated flat market.

So we start with the first trade: this is moderate swing trade, CCI and Stochastic confirmed the trade, while RSI and EMAs were about to confirm the trade on past candle, so we enter at the next candle opening. Exit confirmed by stochastic.

Second trade: market became volatile, indicated by bollinger bands. In thi case we see CCI and RSI extreme. We enter trade on next candle after the signals are confirmed. Exit is indicated by RSI crossing 50 line upwards.

Third trade: Bollinger bands and CCI indicates trending market. CCI comes close to level of 0 and RSI crosses 50 line down and then crosses back upwards, while Stochastic and EMAs confirm the trade. Exit is indicated by Stochastic.

Fourth trade: all indicators indicate moderate swing trade, while Bollinger bands stays wide indicating volatile market, so we enter at the next candle. Exit is indicated by Stochastic.

Fifth trade: here we see either „seeking for extreme“ moderate swing trade situation. Seeking for extreme situation suggests entering the trade one candle earlier, although entering later would still be profitable. Exit is indicated by Stochastic.

Sixt trade: the trade is still running as I am writing explanation now. This is normal moderate swing trade, all indicator confirms that so we enter at the next candle after confirmation.

Between trades 2 and 3 there is quite confusing situation. All signals are likely to confirm buy trade, but: Bollinger bands indicates trending market. But in trending market for a possitive trade, we need CCI to stay around level of 100, not being in extremes few candles earlier. In this situation we see that CCI just recovered from extreme of over 320, so it is dangerous time to take early trade. Anyway, if by mistake we would have taken this trade, the loss would be minor, compared with all other profitable trades

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EUR JPY testeaza suportul unghiului 1x1 - forex trading platforms list

EUR JPY testeaza suportul unghiului 1x1 ~ forex trading platforms list

Depreciere masiva in ultimele zile pe perechea Eur/Jpy. Cu toate acestea nu suntem interesati de short pe perechea Eur/Jpy. De ce? Dupa cum putem observa in graficul zilnic pretul in acest moment se gaseste pe suportul dinamic al unghiului 1x1 descendent care se afla in confluenta cu o fosta zona de cerere. Structura pretului este una corectiva. Din perspectiva noastra aceasta zona este una extrem de importanta pentru ca deschide oportunitatea unei intrari long cu target in zona lui 145. Evident este o pozitie long cu care va trebui sa avem rabdare pentru ca este o tranzactie pe termen mediu cu un potential de aproximativ 1700 de pips. Consideram deci ca EUR/JPY trebuie monitorizat foarte atent in perspectiva deschiderii unei tranzactii long cu un raport risc profit foarte bun.

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