Peko Money Tracker Cash Out 5 - forex trading zone indicator

Peko Money Tracker Cash Out 5 ~ forex trading zone indicator

Cashout number 5

Still no new invites, but i gave myself a target of 10k points a day minimum if not more and see how it goes. Asking around for pekos certainly helps and making new peko buddies are a good way to ensure repeat pekos. 

I had previously mentioned about the peko gold strategy but i am sure there is none for a "jackpot strategy". You probably need bionic eyes to be able to catch the fast upwards scolling of the jackpot machine.

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Peko Money Tracker Gold Strategy - forex trading new zealand

Peko Money Tracker Gold Strategy ~ forex trading new zealand

Gold strategy!

The highest points in Peko are achieved by hitting gold, and the jackpot chance it brings along. Therefore it is the aim of every player to hit gold as many times as possible. However this is a game of roulette and luck plays an important role in hitting the gold spot, but wait a minute! Do we really want to depend of luck for this money spinning game? Why not try this gold strategy i have listed below and is tried and tested by many peko players. 

Let the gold hole; on the roulette turn to about the 1 oclock position. Then release the ball with the least strength possible. Thats it! Try and see if this method works for you. Good Luck! :)

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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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ADX filter trading - forex trading best times

ADX filter trading ~ forex trading best times

ADX filter trading is a trend following strategy based on the moving averages and ADX.

Time Frame 30min or higher

Currency pairs:any.

Setup indicators:

Three moving averages:

1. 5 exponential Moving average, close

2. 10 exponential Moving average, open

3. 80 simple moving average set to close, 80 SMA only serves as trend direction and dynamic

resistance and support points.

In sub window chart

4. Parabolic Sar set to (0,2 – 0.02) will serve as your trade direction alert.

5. ADX (14 period)

+D1 its your buy entry signal and confirmation to enter the market

-D1 (is the sell entry confirmation.

ADX above 40 shows that the trend is strong (trending market) and profitable. ADX can also serve to indicate a divergence.

6. 4 horizontal trendlines with parameters set to 10, 20, 25 and 40 (these are optional).

Buy

1. Parabolic Sar will first indicate an uptrend with the dot below the price.

2. ADX above 20 level,

3. +D1 above 20 level,

4. -D1 below 10,

when the previous four conditions have been successfully been met, you can open an buy order.

Sell

1. Parabolic Sar will first indicate an downtrend with the dot above the price.

2. ADX above 20 level,

3. +D1 below 10 level,

4. -D1 above 20 level.

when the previous four conditions have been successfully been met, you can open an buy order.

Exit position.

They are four options:

first:

1. fixed stoploss on the previous swing, trailing stop loss and breakeven stop ( after n..pips in gain move stop loss at the entry position).

Second:

When the previous three conditions have been me

Third

EXIT PLAN THREE

1. ADX is falling below 20 level,

2. +D1 or D- go below 20 lewvel,

3. Parabolic Sar had reversed

when the previous three conditions have been met, exit to the market.

Fourth1. -D1 has cut across +D1 (below 20) and is rising up after cutting across to 20 while the +D1 is still falling (or opposite),

     2.Parabolic Sar had reversed.

.



When not to trade with this strategy, conditions:

When +D is rising above 20 level and -D1 is moving below 10 level but ADX is falling to below 25 level. Don’t trade. You can trade if ADX is rising from 15 to above 20 but not when its trending down to below 25 level. See picuture.

when both ADX and D+ are rising to above 20 level and –D is moving to below 10 level but suddenly, one of either ADX or +D starts to trend down before the final confirmation is confirmed, don’t open trade.                                                                    

    

Trend continuation trading

Trend continuation first condition

1. D+ is retracing to below 20 level

2. ADX is not retracing and the

3. Parabolic Sar had not indicated a trend reversal. Stay in this trade but watch out with a stoploss.

Trend continuation second condition

Against all exist signals and confirmation, hold on to open order once –D1 is below 10 no matter what is happening at the other indicators.

Trend continuation third condition

Against all exist signals and confirmation, hold on to open order once ADX is rising above 40 and showing no sign of retracing, don’t worry about what other indicators are doing, it’s only background noise. Hold on to position but with stoploss order.

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Pivot Buy Sell Trading - forex trading hours canada

Pivot Buy Sell Trading ~ forex trading hours canada

The Pivot buy Sell trading using pivot points to generate trading signals. Pivot points are a method of predicting support and resistance levels for the future.Using mathematical formulas the trader is able to know today, what will be the most powerful support and resistance levels tomorrow.

Dont worry, you dont need to calculate anything manually- there are indicators in any

trading platform that do that automatically.

If you are interested, here are the formula for Pivot calculation:

H – Yesterdays Highest Price

L – Yesterdays Lowest price

C – Yesterdays Close Price

P = (H + L + C) / 3.

R 1 = 2×P ? L

S 1 = 2×P ? H

R 2 = P + (H ? L)

S 2 = P ? (H ? L)

R 3 = P + 2×(H ? L)

S 3 = P ? 2×(H ? L)

Each of these points is a PIVOT POINT. The R points are Resistance levels that we will trade only with LONG trades, and the S points are Support levelthat we will trade only with SHORT trades.

Each day there are 5 pivot levels that we can trade. However we dont trade any pivot levels (it has to meet our filters).

First step is to confirm that the pivot level is strong.

We confirm that by demanding that price was in 30-25 pips distance from the pivot level at some point of the day. This makes sure that the pivot level is strong enough to trade:

After we confirm that the pivot level is good, we proceed by putting a trade order:

if the level is a RESISTANCE level we will enter a long trade when the pivot is broken, if the level is a SUPPORT level we will enter a short trade when the level is broken.

For long trades will put a buy order 1 pip above the level, and for short trades we will

put a sell order 1 pip below the order.

So if we have a Resistance pivot at 1.3119 the buy order will be placed at 1.3120

If we have a Support pivot at 1.3019 the sell order will be placed at 1.3018, and so on.

Stop Loss

We use a 20 pips trailing stop. This means that if price goes into +5 pips profit our stop loss will move 5 pips upwards, so the maximum price can go back before we exit the trade is 20 pips.

Take Profit

We exit half of the trade at +26 pips profit, and half the profit at +52 pips profit.

This is designed to get us in profit AND to take advantage of big moves.

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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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