Petrolul a format un Three Drive Pattern - forex trading platform for android phones

Petrolul a format un Three Drive Pattern ~ forex trading platform for android phones

Petrolul a retestat ieri minima din 24.08 ?i chiar ne-a oferit o minim? sub aceasta , la 37.78. Dup? cum putem vedea în graficul de 4 ore, petrolul a definit un model Three Drive ce ne sugereaz? o posibil? intrare într-un raliu mai amplu.

Consider?m c? pre?ul s-ar putea respinge din linia de suport ?i s? se îndrepte spre 42.27/ 42.84. Dac? aceast? prim? zon? de rezisten?? va fi str?puns? consider?m c? urm?toarea zon? de targetare ar putea fi în zona lui 46.21/46.77. Ne preg?tim pentru o posibil? intrare long pe aceast? zon? de suport cu un stop loss sub 36.50/36.40.

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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Scalping day - forex trading 4 hour chart

Scalping day ~ forex trading 4 hour chart

Scalping Day tools

The major support and resistance levels and patterns we will use on the 5M chart are:

A. The High and Low of the Previous Day.

B. Fibonacci Levels drawn from the High and Low of the Previous Day.

C. The 200ma. (Only on entry when no other levels are near)

D. The 75ma and the 21ema to gauge trend.

E. The Fast Run Up/Down price move and the large bar/spike bar move, which indicate a

possible trend change.

The priority of the levels from strongest to weakest are as follows:

Strongest Levels:

High Previous Day and Low Previous Day.

Fibonacci levels.

Weakest Level:

200ma (used only for starting a trade if no other levels are near)

Test of Support and test of resistance.

MA’s:

21ema is stronger than the 75ma.

Strongest Entry and Exit Patterns:

Large bar and Spike bar.

If Large bar or Spike bar is preceded with Fast Run Down or Fast run Up.

Weaker Entry and Exit Patterns:

Fast Run Down and Fast Run Up with no Large or Spike Bar.

As price nears these levels we note what price does at these levels. It may start a move with the

trend or move counter-trend. It may also do nothing. The 75ma/21ema are not levels. They are

guides to know if the market is trending and how much it is trending. This information can be used as when the market is in a trend, as the old saying goes, we do not fight it. Meaning we trade in the

direction of the trend. The 200ma is used only to initiate a trade if not other levels are near. It is also

used to note if the market is on the Bullish or Bearish side. If price is above the 200ma it is Bullish. If price is below the 200ma it is Bearish.

The charts below are examples of the 5M levels and patterns. Our trading runs from midnight to

noon Eastern Time.

Trending Day:

A. When the market is trending it is best to trade with the trend and wait to see if the trend

changes at a major S/R level. Many times the trend will continue past all levels. But note that a start

of a trend will usually start at one of the major S/R levels. The 21ema and the 75ma are used mainly

on these days for trade entry.

Non-Trending Days:

A. We use S/R levels to initiate a trade. The DT/DB pattern is used for confirmation

Range Days or times:

A. If price on the 5M makes two tops and two bottoms near each other the market has

moved into a range. Another way to look at it is a DT and a DB or vice versa. Enter

and exit quickly at the tops and bottoms of the range. Once a range has started d not

trade 10/21 crossovers. Trade only aggressive trades or stay out. Conservative trades

will not make any profit in a range.

Previous Days High and Low Levels: (Strongest S/R level)

A. Draw lines on the current days chart from the high and low of the previous day. The

previous day is from midnight to midnight. So if the current day is September 23 you

would draw the lines from midnight on the 22 nd to midnight on the 23 rd .

B. Price can be 15 pips or less on either side from the HPD/LPD and be valid if price

reverses, or passes the HPD/LPD. Best for Counter-trend moves.

Fibonacci Levels:

A. The extreme Fib levels are the strongest. They are the 38.2% and the 78.6% Fibs.

However price can hit any Fib level and reverse. Best for C/T moves.

B. Price can be 4 pips or less on either side of the Fibonacci Level. Best for 1 st entry only.

200ma:

A. The 200ma works effectively to initiate a trade when no other levels are near only. It is

also good to note if the market is bullish or bearish.

Double Tops/Bottoms:

A. These are common technical patterns that are used in trading. They can be seen all

over the chart. They are most important when used with a level or for a possible trend

change on a non-trending day. A double top is shaped like a ‘M’ and a double bottom

is shaped like a ‘W’. See the Introduction to Technical Analysis in the back of the

Introduction to Forex bonus ebook included for examples.

Fast Run UP/Down Patterns:

A. These patterns are seen most of the time a price makes a quick attempt to reach a

major level. Most of the time they indicate a possible trend change. We need to be

watching for these patterns as price nears a major S/R level.

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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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Forex Trading Strategy 148 - forex trading income calculator xls

Forex Trading Strategy 148 ~ forex trading income calculator xls

Market Analysis of the 22nd of September 2014 : Opportunities on EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, XAU/USD, EUR/JPY, USD/CAD & NZD/USD D1
Click on the Menu on "Market Analysis" for all the analysis.

All the pairs are in the very clear trend (except USD/CAD) therefore no setup on D1 but it gives a strong direction for the trades on the lower TF like H4 or H1.

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Three shorts moving averages crossover - forex market hours europe

Three shorts moving averages crossover ~ forex market hours europe

Three shorts moving averages crossover is an trading systems based on fast exponentials  moving averages are simple and easy for make trading. 
Markets: Currency pair, Indicies. 
Time frame chart: 15 min chart, or higher.
Indicators: 9 EMA, 21 EMA, 50 EMA. 

Trading rules:
Buy
9 EMA goes above 21 EMA and 50 EMA.
Sell
9 EMA goes below 21 EMA and 50 EMA.

Exit position rules:
exit when 9 EMA crosses 21 EMA in opposite direction.
Make profit on the support or resistance line or pivot point.
Place initial stop loss on the previouis swing High/Low.
Advantages: it is simple to use, and it make interesting results in trending market or during big price breakouts .
 Disadvantages: during the sideways market  with little fluctuation of the price this strategy give many false signals.
Solution: find the market in trend following and apply this trading system and trades only in the direction of the trend.
Three shorts moving averages crossover is a classic trading strategy.

Three shorts moving averages crossover

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Third Candle with Stochastic - forex market hours.com

Third Candle with Stochastic ~ forex market hours.com

Profit: 10 pips per trade. 5-10 trades a day. You can use this strategy anytime you want,

there are always very strong signals ( I will explain below..) The system will work on many

Forex pairs and many major Stocks. The rules to this system are simple, and executing and

managing trades will take no more than five minutes of your time. The only tricky part is

bringing your knowledge base up to speed with the strategy so this becomes a five-minute

process.

Let me introduce you to the four simple steps below. Then I’ll take you through some worked

examples in order to illustrate just how easy this system is.

This trading system involves 3 simple steps.

1. Identify a current trend

2. Identify your entry signal

3. Place your trade

Manage your trade later.

The system  in action 

1. Find the third candle

2. Enter your trade at the start of the third

candle

3. Close your trade in a few minutes with 10

pips profit.

Below I will show you what to do – step by step. The system works fine for me on 5 minutes or

15 minutes charts, but it work on other timeframes as well.

Setup:

-Identify the current trend.

(For example: use 200SMA or 200EMA to identify the current trend. If the price is above the SMA –the current trend is up or opposite)

-Open a 5 min or 15 min and find the “first candle”.“The First Candle” is between two candles, and it is the highest or the lowest of those three candles.

Look at the chart below:

The 1 st candle is located between two candles and it is the highest (or lowest ) of the 3.

-Now if you look to the right of the 1 st candle is the 2 nd candle and the next is the 3 rd candle –

the most important for us. This system based on the 3 rd candle.

If look on your chart you will see a lot of “three candles figures” and all of them are great trading opportunities! Usually each trade will brings you 10 pips profit:

Trades with third candle

We BUYat the very beginning of the 3 rd candle if the current trend is up and your candles

figure is going up We SELL very beginning of the 3 rd candle if the current trend is down and your candles figure is going down.

Take profit

Your target is 10 pips. You can also try to use a trailing stop order to maximize your profit.

Stop loss needs to be placed above or below the second candle: If you BUY – place a stop 1 pip below the 2nd candle, if you SELL – place a stop 1 pip above the 2nd candle.

When not to trade

- do not trade 1 hour before and after major news or big events

- when the 3 rd candle is against the current trend

- when the second candle closes “inside” the 1 st candle:

You may also use a Stochastic indicator with parameters 5.3.3 to filter your trades. If the direction of the stochastic is opposite of your 1 st and 2 nd candles it is better not to trade at that moment and wait for the next “1 st candle figure”.

Third Candle with Stochastic

Indicators:

EMA 50 Time Frame 5- 15 min, EMA 21 TF 30 min and 60.

EMA 200 Time Frame 5- 15 min, EMA 50 TF 30 min and 60.

Stochastic 5,4,4. close.

Time frame 5 min or higher

Buy

Pattern third candle and stochastic oscillator crosses upward,.

Sell

Pattern third candle and stochastic oscillator crosses downward.

You can use this strategy also with binary options high/low.

Expiry time 2-3 candles.

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Three Bollinger Bands 1 min scalping - forex market hours open close

Three Bollinger Bands 1 min scalping ~ forex market hours open close

Open 60 min chart.Determinate the trend.

The method that I utilize is with the trend line.

Draw trend lines. (all trading platform have this tool.)

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

Time Frame 1 min, 5 min.

Indicators:

Bollinger Bands (50 deviation, 2) dot line;

Bollinger Bands (50 deviation, 3);

Bollinger Bands (50 deviation, 4).

Rules

Do not foreget never to trade against the trend.

Trade only in trend.

Sell

Watch when the movement of the price crosses and close below the upper Bollinger Band (50; 2) dot line , at least half way (or touch) to Bollinger Bands (50 ,3) or (50, 4),

if the price retrace to the center of the bollinger bands, sell when the price broken downwards the upper dot line of the BB (50, 2).

Buy

Sell

Watch when the movement of the price crosses and close above the lower Bollinger Bands (50; 2) dot line , at least half way (or touch) to Bollinger Bands (50 ,3) or (50, 4),

if the price retrace to the center of the bollinger bands. buy when the price broken upwards the lower dot line of the BB (50, 2).

Profit Target

1 min time frame at the middle band or 5-7 pips.

5 min time frame at the middle band or 10-12 pips.

Initial stop loss for buy 2 pips below the lower band.

Initial stop loss for sell 2 pips above the upper band.

Three Bollinger Bands 1 min scalping

Three Bollinger Bands 1 min scalping

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Using moving averages to analyze the market - forex market hours christmas

Using moving averages to analyze the market ~ forex market hours christmas

Generally moving averages can be used to analyze the market in order to identify the following features:
Identify a trending market (up or down);
Locate a lateral phase of the market (ranging market);
Understanding the levels of support and resistance static or dynamic;
Identify the levels of breakout.
Moving averages identify a trending market when:
The moving average is rising
- The price line tend to be above the moving average
- A shorter moving average crossed the longer moving average

To identify a trend long occor look at daily or weekly charts.
To identify the longer term trend you can draw 200 SMA and 144 EMA onto the chart.
Simply When the 144 EMA is above the 200 SMA and at the same time the price is above the 200 SMA while Both moving averages are diverging.

Now, we have the big picture of the market and we at least know that a LONG trade is not as risky as a SHORT trade. However, a short term trader needs a short term signal to enter the market. A short term LONG signal would identify when:

- The 144 EMA crossed the 200 SMA on 4H chart;

- The price must be above the 200 SMA;

- The MAs is diverging;

Velocity of market with moving averages 

When a market is in an uptrend the shorter moving average tends to diverge quickly from the longer moving average and this makes the distance between two moving averages looks wider. This phenomenon indicates that the momentum (velocity of the price) of the price is rising. 

Otherwise, when two moving averages are converging after they diverged once earlier (Where we took the LONG trade), the price tends to pull back and this means the momentum of the market is slowing, so the LONG trade is about to be invalid and we must exit the market. 

Furthermore, two moving averages are on their way to cross over again but this time shorter moving average cross the longer moving average in opposite direction (Downward). The downward cross over of two moving averages gives us very valuable information in which  the momentum has slowed into levels that the price can not rely on it anymore. A very weak momentum would means that the market is going to be lazy (Consolidation) so we must avoid this situation and wait till a new clear signal tell us what to do next.

Pratical setting of moving averages:

short term scale:

fast: (6, 13) periods, close (EMA and SMA),

triple moving averages  9, 10, 13, 18, 20 and 21 (periods),

40, 55 and 89 periods for medium term scale,

100, 144, 200 for long term scale.

EMA=Exponetial moving averages.

SMA=Simple moving averages.

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Parabolic Sar and three exponential moving averages - forex market hours on friday

Parabolic Sar and three exponential moving averages ~ forex market hours on friday

Parabolic Sar and three exponential moving averages

Parabolic Sar and three exponential moving averages is a tren following trading system, that uses 2 technical indicators to determine you when you should enter and exit a trade.

Technical indicators:

Parabolic SAR (0.2 0.02),

the Exponential Moving Averages 10, 25 and 50 (period).

Time Frame 60 minute

Currency Pairs: majors (EUR/USD, GBP/USD, USD/CHF, AUD/USD, AUD/JPY,GBP/JPY, USD/JPY).

Rules

10 EMA crosses the 25 and the 50. If the 10 EMA crosses the 25 and 50

up from the bottom, you enter your trade ‘long’ and ‘buy. If the 10 cross the 25 and 50 down from the top you go ‘short’ and ‘sell’. Make sure that when you get into your trade that the Parabolic SAR is on the bottom when you go long and on the top when you go short.

Parabolic Sar and three exponential moving averages

In the example (Buy) USD/CHF , where I indicated the enter. See how the 10 EMA crossed up the 25 and 50 and the Parabolic SAR was on the bottom.

Confirm this trade with a switcth at the 15 min charts Parabolic SAR is going the same way. Note: never trade against the 15 min Parabolic SAR .

EXIT a trade

When the 3 EMAs crosses in opposite direction, this is a best way to exit a trade.

Set stop loss below/above the 50 EMA.

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24 48 EMAs Crossover - forex market hours nz

24 48 EMAs Crossover ~ forex market hours nz

EMAs crossover is a swing type strategy to trend following.

Time Frame 30min, H1, H4. (30 min good time frame for this forex strategy)

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

Indicators:

Exponential moving average (24 periods,);

Exponential movinjg average (48 periods);

Exponential movinjg average (5 periods median price);

Average directional Index (13 periods with 30 level).

Strategy Concept

This forex method used moving averages crossover as alerts of buy and sell. A crossover determine a change of direction of the movement of the price but it can identify also a change of momentum.

The ADX indicator in order to determine the actual power of the momentum of the price.

If ADX is actually above 30 level we can make certain that the momentum is really robust. For this reason we not take trade when ADX (13) is below 30 level.

Buy Setup

ADX 13 > level 30

D+ >D-

Exponential moving average 24 cross above Exponential moving average 48

Buy when the price, returns and bounce on the EMA 5.

Set stop loss at the previous low swing or below EMA 48.

Profit Target ratio stop loss 1.3 or more.

24/48 EMAs Crossover

Sell Setup

ADX 13 > level 30

D ->D+

Exponential moving average 24 cross below Exponential moving average 48

Sell when the price, returns and bounce on the EMA 5.

Set stop loss at the previous high swing orabove EMA 48.

Profit Target ratio stop loss 1.3 or more.

24/48 EMAs Crossover

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How to determine the trend - forex market hours download

How to determine the trend ~ forex market hours download

Why Trade With The Trend?

Now Putting the Odds in Your Favor

High Probability Trades

Less Risk

In Synch with the Market

The Problem With Trend

Determining if a trend is in place is one of the most difficult things to conclude.

One man’s uptrend is another man’s downtrend.

My Favorite Tools For determining Trend:

ADX (Average Directional Index),

STOCHASTIC OSCILLATOR,

DONCHIAN CHANNELS/BOLLINGER BANDS.

ADX

Average Directional Index

Settings = Standard 14-period default

Benchmark threshold level = 30

Determining Trend With The ADX

Readings above 30 indicate a strong trend

This tool is best used with any time frame on Stocks, Indices, and Futures

Trend with ADX

Trend with ADX

STOCHASTIC OSCILLATOR

Format = Slow stochastic

Settings = Standard 14-period default

Overbought level = 80

Oversold level = 20

Determining Trend With The Stochastic Oscillator

A strong trend is indicated when the Slow K reading is above the 80 level for 6 or more consecutive bars

A strong trend is indicated when the Slow K reading is below the 20 level for 6 or more consecutive bars

This tool is best used with daily bars on Stocks, Indices, and Futures

Determining Trend With The Stochastic Oscillator

Determining Trend With The Donchian Channels and Bollinger Bands

When all 3 Donchian Channels are moving in the same direction, a trend is indicated

When all 3 Bollinger Bands are moving in the same direction, a trend is indicated

This tool is best used in any time frame on Stocks, Futures, and Forex

Determining Trend With The Donchian Channels and Bollinger Bands

Determining Trend With The Donchian Channels and Bollinger Bands

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Two line MACD with EMAs and Fibonacci retracement - forex trading hours during christmas

Two line MACD with EMAs and Fibonacci retracement ~ forex trading hours during christmas

This is a trend-following system based on the use of several indicators; two EMAs (Exponential Moving Averages), and the MACD (Moving Average Convergence Divergence). I will

also be using the Fibonacci Retracement tool to help determine support and The EMAs are used as opposed to the SMAs (Simple Moving Average) because I feel it provides a faster reaction to the trend. There are three main representations of the MACD; the “One-lined” MACD, which has one line overlaying the histogram; the “Two-lined” MACD, which depicts two lines overlaying the histogram; and the OsMA (short for Oscillator of the Moving Average), which displays only the histogram. In this system, we will use the two lined MACD. On the 1-hour chart, this system requires the use of the two lines of the MACD to help determine the trend, but on 5-minute chart, it only uses the Histogram. We’ll add the 7 EMA, 13 EMA and MACD (we’ll use the default settings for MACD - 12, 26, 9). 7 EMA and 13 EMA Settings:

I. Period: 7 and 13

II. Shift: 0

III. MA Method: Exponential

IV. Apply to: Close.

Find your most recent swing points to draw your Fibonacci.

Trading rules Two line MACD with EMAs

Long Trades

1. The 7 EMA needs to be above the 13 EMA on the 1 hour chart.

2. MACD should be crossed over to the up side on the 1 hour chart.

3. Find your most recent swing points and draw your Fibonacci

retracement. Wait for price to retrace to at least the 38.2% retracement

level and no more than the 78.6% retracement level on the 1 hour chart.

4. Go to your 5 min chart for entry. Ensure at least one candle on the

M5 timeframe closes below the 38.2% Fibonacci retracement level. Wait

until the MACD Histogram forms a new bar above the zero line, then

enter the market with a buy trade at the close of that candle.

5. Stops and limits can be based on previous swing highs and lows on

the five minute or hourly charts. I personally use a 15 to 20 pip stop

based on my entry point. You have to decide this based on your own

risk/reward tolerance. Never risk more than what you see as your profit

potential.

Short Trades

1. The 7 EMA needs to be below the 13 EMA on the 1 hour chart.

2. MACD should be crossed to the down side on the 1 hour chart.

3. Find your most recent swing points and draw your Fibonacci

retracement. Wait for price to retrace to at least the 38.2% retracement

level and no more than the 78.6% retracement level on the 1 hour chart.

4. Go to your 5 min chart for entry. Ensure at least one candle on the

M5 timeframe closes above the 38.2% Fibonacci retracement level. Wait

until the MACD Histogram forms a new bar below the zero line, then

enter the market with a sell trade at the close of that candle.

5. Stops and limits can be based on previous swing highs and lows on

the five minute or hourly charts. I personally use a 15 to 20 pip stop

based on my entry point. You have to decide this based on your own

risk/reward tolerance. Never risk more than what you see as your profit

potential.

Fibonacci Retracement

After you have determined your trend as depicted by the EMAs and the MACD,

you want to look for your most recent swing points (swing-highs & swing-

lows). A swing-high is the highest point of the highest candle in a price

movement. A swing-low is the lowest point of the lowest candle or bar in a

price movement. In other words, a swing-high candle must be preceded by a

candle that has its high point lower AND the subsequent candle must also

have its high point lower. Conversely, the swing-low candle must be preceded

by a candle that has its low point higher AND the subsequent candle must also

have its low point higher. The Fibonacci tool is then used to determine a higher

probability retracement once the swing-low and swing-high are established. A

minimum retracement of 38% is required, as seen in the chart below:

A few candles earlier from the chart above, we see that the EMAs came into

bullish alignment, as well, however, once the Fib tool was applied to the chart,

we see that the market continued to retrace beyond the 78% level nullifying

the move as seen below:

However, as we patiently waited for market movement, we see that the bullish

trend reaffirmed (EMAs and MACD re-aligned) and subsequently retraced to

an appropriate level:

Entry

Once the requirements for determining the trend have been satisfied on the

1-hour chart, I drop down to the 5-minute chart to pin-point my entry. Only

the MACD Histogram is used at this time. When a histogram bar pops up from

below the zero line, this signals a bullish entry. A bearish entry is confirmed

when a histogram bar appears below the zero. Also, please take note, in my

videos, I often times refer to the “zero line” as the “water line”.

Remember, the 1-hour chart is used to determine the trend,

and only the 5-min chart is used for the actual entries.

Below is an example of a 5-min entry signal:

Short/Sell Trade Examples

EURUSD

The 1 Hour Chart

The 7 EMA is below the 13 EMA. The MACD is crossed down at point (A). All

points are marked on the chart. Find your most recent swing points to

measure your Fib retracement from. I have drawn my Fib Line using the most

recent swing points.

Price has retraced above 50% and

The 5 Min Chart

At point C the histogram has gone below the zero line. At point D enter short

at the close of that candle, because the histogram has gone below the zero

line. Point D marks the entry. Your limit can be the previous swing low on the

1 hour chart or a pivot point. Your stop can be a previous swing high on the 1

hour chart or a pivot point. You have to decide that based on your risk vs.

your reward. Price fell over 100 pips.

Buy/Long Trade Examples

GBPUSD

The 1 Hour chart

The 7 EMA is below the 13 EMA. The MACD is crossed down at point (A). All

points are marked on the chart. Find your most recent swing points to

measure your Fib retracement from. I have drawn my Fib Line using the most

recent swing points.

Price has retraced above 50%  

At point C the histogram is above the zero line. At point D enter long at the

close of that candle, because the histogram is above the zero line. The arrow

at point D marks the entry. Your limit can be the previous swing high on the

1 hour chart or a pivot point. You have to decide that based on risk vs. reward.

Price went up over 100 pips.  

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