Trading with the pivot point indicator - Perfect Trend System

Price Action Trading- The Greatest System.

When I first started trading, I used to add all indicators on my chart. MACD, RSI, super trend, ATR, ichimoku cloud, Bollinger Bands, everything!
My chart was pretty messy. I understood nothing and my analysis was pretty much just a gamble.
Nothing worked.
DISCLOSURE- I've written this article on another sub reddit, if you've already read it, you make skip this one and come back tomorrow.
Then I learned price action trading. And things started to change. It seemed difficult and unreliable at first.
There's a saying in my country. "Bhav Bhagwan Che" it means "Price Is GOD".
That holds true in the market.
Amos Every indicator you see is based on price. RSI uses open/close price and so does moving average. MACD uses price.
Price is what matters the most.
Everything depends on the price, and then the indicators send a signal.
Price Action trading is trading based on Candlestick patterns and support and resistance. You don't use any indicators (SMA sometimes), use plot trend lines and support and resistance zones, maybe Fibs or Pivot points.
It is not 100% successful, but the win rate is quite high if you know how to analyse it correctly.
How To Learn Price Action Trading?
YouTube channels- 1. Trading with Rayner Teo. 2. Adam Khoo. 3. The Chart Guys. 4. The Trading Channel (and some other channels including regional ones).
Books- 1. Technical Analysis Explained. 2. The trader's book of volume. 3. Trading price action trends. 4. Trading price action reversals. 5. Trading price actions ranges. 6. Naked forex. 7. Technical analysis of the financial markets.
I think this is enough information to help you get started.
Price Action trading includes a few parts.
  1. Candlestick patterns You'll have to be able to spot a bullish engulfing or a bearish engulfing pattern. Or a doji or a morning star.
  2. Chart Patterns. The flag, wedge, channels or triangles. These are often quite helpful in chart analysis without using indicators.
  3. Support or Resistance. I've seen people draw 15 lines of support and resistance, this just makes your chart messy and you don't know where the price will take a support.
You can also you the demand and supply zone concept if you're more comfortable with that.
  1. Volume. There's a quote "Boule precedes price". Volume analysis is a bit hard, but it's totally worth learning. Divergence is also a great concept.
  2. Multiple time frames. To confirm a trend or find the long term support or resistance, you can use a higher time frame. Plus, it is more reliable and divergence is way stronger on it.
You can conclude everything to make a powerful system. Like if there's a divergence (price up volume down) and there's a major resistance on some upper level and a double top is formed,
That's a very reliable strategy to go short. Combinations of various systems work very good imo.
Does this mean that indicators are useless?
No, I use moving averages and RSI quite frequently. Using price action and confirming it through indicators gives me a higher win rate.
"Bhav Bhagwan Che".
-Vikrant C.
submitted by Vikrantc2003 to Daytrading [link] [comments]

Profitable Forex Strategy Reddit | 3 Easy Forex Strategies Easy For MT4

Profitable Forex Strategy Reddit | 3 Easy Forex Strategies Easy For MT4

The need for a trading strategy in Forex market

https://preview.redd.it/r6u8stdmeaw51.jpg?width=1320&format=pjpg&auto=webp&s=1b0292502d6e68f5c220af5a5851aeb8061b395b
Almost all trading manuals talk about the need to have your own trading strategy. First of all, the process of creating your trading scheme allows you to perfectly understand trading and exclude from it any eventuality that hides additional risk.
Profitable forex strategy: it is a type of instruction for the trader, which helps to follow a clearly verified algorithm and safeguard his deposit from emotional errors and consequences of the unpredictability of the Forex currency market.
Thanks to her, you will always know the answer to the question: how to act in certain market conditions. You have the conditions of opening a transaction, the conditions of its closing, likewise, you do not guess if it is time or not. You do what the trading strategy tells you. This does not mean that it cannot be changed. A healthy trading scheme in the forex market must be constantly adjusted, it must comply with the realities of current market trends, but there must be no unfounded arguments in it.
>>> Forex Signals With Unbeatable Performance: Verified Forex Results And 5° Rated On Investing.com |Free Forex Signals Trial: CLICK HERE TO JOIN FOR FREE

Profitable Forex Strategy Reddit

Types of trading strategies
The forms of a trading strategy can combine a variety of methods. However, several of the most commonly used options can be highlighted.
  • Trading strategy based on various complementary technical indicators
  • Trading strategy using Bollinger Bands
  • Moving Average Strategy
  • Technical figures and patterns
  • Trading with Fibonacci levels
  • Candlestick trading strategy
  • Trend trading strategy
  • Flat trading strategy
  • Scalping
  • Fundamental analysis as the basis of the strategy

Three most profitable Forex strategies

Important! These strategies are the basis for building your own trading system. Indicator settings and recommended pending order levels are for consultation only. If you do not get a satisfactory outcome in the test result or in a live account, that does not mean that the problem is the strategy. It is enough to choose individual parameters of indicators under a separate asset and under the current market situation.

1. “Bali” scalping strategy

This strategy is one of the most popular, at least its description can be found on many websites. However, the recommendations will be different. According to the author's idea, "Bali" refers to scalping tactics, as it facilitates a fairly short stop loss (SL) and take profit (TP). However, the recommended time frame is high, because the signals appear not very often. The authors recommend using the H1 interval and the EUR / USD currency pair.
Indicators used:
  • Linear Weighted Moving Average. Period 48 (red line).
https://preview.redd.it/9mhs67mxeaw51.jpg?width=461&format=pjpg&auto=webp&s=913d428edd4cab0a3237e7039829a76dd587f1f5
The weighted linear moving average here acts as an additional filter. Due to the fact that LWMA gives more weight to the values ​​of the last periods, the indicator in the long periods practically excludes delays. In some cases, LWMA can give a signal beforehand, but in this strategy only the moving position relative to price is important. Bearish LWMA is a buy signal, sell bullish.
  • Trend Envelopes_v2. Period 2 (orange and blue lines).
https://preview.redd.it/8bap0s41faw51.jpg?width=627&format=pjpg&auto=webp&s=a6236ad06765280bbfd655fa1fb4153b28aaaf56
The indicator is also based on the moving average, but the formula is slightly different for the calculation. Its marking is more precise (the impact of price noise has been eliminated). It allows you to identify the twists of the trend compared to the usual mobile with a slight anticipation. Trend Envelopes has an interesting property: the color of the line and its new location changes when the price penetrates its old trend line, a kind of signal.
  • DSS of momentum. The configuration in the screenshot below.
https://preview.redd.it/9ch27cj4faw51.jpg?width=630&format=pjpg&auto=webp&s=00558bbd90378009bef33b7c96c77f884b912667
The indicator is placed in a separate window below the chart. This is an oscillator whose task is to determine the pivot points of the trend. And it does so much faster than standard oscillators. It has two lines: the signal is dotted, the additional line is solid, but the receiver has 2 kinds of colors (orange and green).
  • Important! Note that the indicators for the “Bali” strategy are chosen in such a way as to ultimately give an early signal. This gives the trader time to confirm the signal and check the fundamentals.
MA is one of the basics on MT4, the other two indicators can be found in the archive for free here. To add them to the platform, click on MT4: "File / Open data directory". In the folder that opens, follow the following path: MQL4 / Indicators. Copy the flags to the folder and restart the platform.
Also Read: Make Money With Trading
Conditions to open a long position:
  • Price penetrates the orange Trend Envelopes line from the bottom up. At the same time in the same candle there is a change of the orange line that falls to a growing celestial.
  • The candle is above LWMA. Once the above condition has been met, we wait for the candle to appear above the moving one. It is important that it closes above the LWMA red line. It is mandatory to have a Skyline Trend Envelopes on a signal candle.
  • The additional DSS of momentum line on the signal candle is green and is above the dotted line of the signal (that is, it crosses or crosses it).
We open a trade at the close of the signal candle. The recommended stop level is 20-25 points in 4-digit quotes, take profit at 40-50 points.
https://preview.redd.it/t48d55s8faw51.jpg?width=1000&format=pjpg&auto=webp&s=1e93863745e74dec536178539817225767cbeb1c
The arrow indicates a signal candle where a Trend Envelopes color change occurred. Note (purple ovals) that the blue line is below the orange line and goes upwards (in other cases the signal should be ignored). In the signal candle, the green DSS of momentum line is above the dotted line.
Conditions to open a short position:
  • Price penetrates the Trend Envelopes sky line from top to bottom. At the same time in the same candle there is a change from the increasing celestial line to the falling orange.
  • The candle is below LWMA. Once the above condition has been met, we wait for the candle to appear below the mobile. It is important that it closes below the LWMA red line. It is mandatory to have an orange Trend Envelopes line on a signal candle.
  • The additional DSS of momentum line on the signal candle is orange and is below the dotted line of the signal (i.e. crosses or crosses it).
https://preview.redd.it/6uixkl1dfaw51.jpg?width=1000&format=pjpg&auto=webp&s=dd53442c633e80c1e55da72cd5ffe9cda2e85b8a
Some examples where a transaction cannot be opened:
  1. In the screenshot below the signal candle closed at the moving level (red line), it was practically below it.
https://preview.redd.it/2o1wpocgfaw51.jpg?width=1000&format=pjpg&auto=webp&s=58d3286bf2884b5f0dfdaa0a62b68d2d50cdabf8
  1. In the screenshot below the signal candle is DSS below its signal line. Also, the celestial line is horizontal and not ascending.
https://preview.redd.it/1nfi1etjfaw51.jpg?width=801&format=pjpg&auto=webp&s=ff9fcbc10a485c5102ef7a135de47332827caf54
The signals are relatively rare, a signal can be expected for several days. In half the cases, it is better to control the transaction and close in advance, without waiting for profit taking. We do not operate at the time of flat. Try this strategy directly in the browser and see the result.
>>> Forex Signals With Unbeatable Performance: Verified Forex Results And 5° Rated On Investing.com |Free Forex Signals Trial: CLICK HERE TO JOIN FOR FREE

2. “Va-Bank” candle strategy

This profitable Forex strategy is weekly and can be used on different currency pairs. It is based on the spring principle of price movement, what went up quickly, sooner or later must fall. To trade you will only need a schedule on any platform and W1 time frame (although the daily interval can be used).
You should estimate the size of the candle bodies of different currency pairs ( AUDCAD , AUDJPY , AUDUSD , EURGBP , EURJPY , GBPUSD , CHFJPY , NZDCHF , EURAUD , AUDCHF , CADCHF , EURUSD , EURCAD , GBPCHF ) and choose the largest distance from the opening to the close of the candle in the framework of the week. In this to open a transaction at the beginning of the following week.
Conditions to open a long position:
  • The bearish candle, which signifies last week's movement, has a relatively large body.
Open a long position early next week. Make sure to place a stop loss at 100-140 points and a take profit at 50-70 points. When it is midweek, close the order if it has not yet been closed at take profit or stop loss. After that, wait again for the beginning of the week and repeat the procedure, in any case do not open operations at the end of the current week.
https://preview.redd.it/vuihnqspfaw51.jpg?width=1000&format=pjpg&auto=webp&s=7641e9d7701911cc255c4f0c8a53e1660c35c9fe
On this chart it is clearly seen that after each large bearish candle there is necessarily a bullish candle (although smaller). The only question is what period to take where it makes sense to compare the relative length of the candles. Here everything is individual for each currency pair. Note that a rising candle was observed followed by a few small bearish candles. But when it comes to minimizing risks, it is best not to open a long response position, as the relatively small decline from the previous week may continue.
Conditions to open a short position:
  • The bullish candle, which signifies last week's movement, has a relatively large body.
We open a short position early next week.
https://preview.redd.it/tv4zmf5ufaw51.jpg?width=1000&format=pjpg&auto=webp&s=61cd1dcfc4aebfa6f80343b6c51f7a6e46358602
The red arrows point to the candles that had a large body around the previous bullish candles. Almost all signals turned out to be profitable, except for the transactions indicated by a blue arrow. The shortcomings of the strategy are rare signs, albeit with a high probability of profit. The best thing is that it can be used in several pairs at the same time.
This strategy has an interesting modification based on similar logic. Investors with little capital opt for intraday strategies, as their money is insufficient to exert radical pressure on the market. Therefore, if there is a strong move on the weekly chart, this may indicate a cluster of large strong traders. In other words, if there are three weekly candles in one direction, it is most likely the fourth. Here you also have to take into account the psychological factor, 4 candles is equal to one month, and those who "push" the market in one direction, within a month will begin to set profits.
Strategy principle:
  • A "three candles" pattern (ascending and descending) formed on the weekly chart.
  • It is preferable that each subsequent candle was larger than the previous one. Doji is not taken into account (disembodied candles).
  • Stop is placed at the closing level of the first candle of the constructed formation. Take profit at 50-100% of the last candle, but it is often better to manually close the trade.
An example of this type of formation in the screenshot below.
https://preview.redd.it/iu7cwa7xfaw51.jpg?width=1000&format=pjpg&auto=webp&s=9195d24b72d2bda5394614380e9e5bc167f108a5
Of the 5 patterns, 4 were effective. Lack of strategy, the pattern can be expected 2-3 months. But when launching a multi-currency strategy this expectation is justified. Consider swaps!
>>> Forex Signals With Unbeatable Performance: Verified Forex Results And 5° Rated On Investing.com |Free Forex Signals Trial: CLICK HERE TO JOIN FOR FREE

3. Parabolic Profit Based on Moving Average

This strategy is universal and is usually given as an example for novice traders. It uses classic EMA (Exponential Moving Average) indicators for MT4 and Parabolic SAR, which acts as a confirmatory indicator.
The strategy is trend. Most sources suggest using it in "minutes", but price noise reduces its efficiency. It is better to use M15-M30 intervals. Currency pairs - Any, but you may need to adjust the indicator settings.
Indicators used:
  • EMA with periods 5, 25 and 50. EMA (5) in red, EMA (25) and EMA (50) in yellow. Apply to Close (closing price).
https://preview.redd.it/ly7ju8o3gaw51.jpg?width=1000&format=pjpg&auto=webp&s=61dee5b0d994d09a375e01e2b9afe188dd2ee0ed
  • Parabolic SAR, parameters remain unchanged (color correct at your discretion).
https://preview.redd.it/sonpv1m8gaw51.jpg?width=1000&format=pjpg&auto=webp&s=823e9ce5d279d3a98ef072694766a112a3ece775
Conditions to open a long position:
  • Red EMA (5) crosses the yellows from bottom to top.
  • Parabolic SAR is located under the sails.
Conditions to open a short position:
  • Red EMA (5) crosses the yellows from top to bottom.
  • Parabolic SAR is located above the candles.
The transaction can be opened on the same candle where the mobile crossover occurred. Stop loss at the local minimum, take profit at 20-25 points. But with the manual management of transactions you can extract great benefits. For example, close at the time of the transition from EMA (5) to a horizontal position (change of the angle of inclination of the growth to flat).
https://preview.redd.it/4un92jlegaw51.jpg?width=1000&format=pjpg&auto=webp&s=406a700c00722349622d031e20d0858e4196d18b
This screen shows that all three signals (two long and one short) were effective. It would be possible to enter the market on the candle by following the signal (in order to accurately verify the direction of the trend), but you would then miss the right time to enter. It is up to you to decide whether it is worth the risk. For one-hour intervals, these parameters hardly work, so be sure to check the performance of the indicators for each period of time in a minimum span of three years.
And now that you know the theory, a few words about how to put these strategies into practice.
Ready? Then let's get started!

From the theory to the practice

Step 1. Open demo account It's free, requires no deposit, takes up to 15 minutes, and no verification required. On the main page of your broker there is for sures a button "Register", click and follow the instructions. An account can also be opened from other menus (for example, from the top menu, from the commercial conditions of the account, etc.).
Step 2. Familiarize yourself with the functionality of the Personal Area. It won't take long. It is at the most user friendly and intuitive. You just need to understand the instruments of the platform and understand how the trades are opened.
Step 3. Launch the trading platform. The Personal Area has the platform incorporated, but it is impossible to add templates. Hence, the "Bali" and "Parabolic Profit" strategies can only be executed on MT4.

Characteristics of an effective Forex strategy Reddit

And finally, let's see what makes a profitable Forex strategy effective. What properties should it have? Perhaps three of the most important characteristics can be pointed out.
  • The minimum number of lag indicators. The smaller they are, the greater the forecast accuracy.
  • Easy. Understanding your strategy is more important than your saturation with complex elements, formulas, and schematics.
  • Uniqueness. Any trading strategy must be "tailored" to your trading style, your character, your circumstances, and so on.
It is very important to develop your own trading strategy, but it is necessary to test a large number of already available and proven strategies. On the Forex blog you will find trading strategies available for download. Before using a live account, test your chosen strategy on the demo account on the MetaTrader trading platform.
Conclusion. To successfully trade the Forex currency market, create your own trading strategy. Learn what's new, learn out-of-the-box trading schemes, and improve your individual action plan in the market. Only in this case, the trading results will satisfy you to the fullest. Success, dear readers!
>>> Forex Signals With Unbeatable Performance: Verified Forex Results And 5° Rated On Investing.com |Free Forex Signals Trial: CLICK HERE TO JOIN FOR FREE
Join the community for more articles on trading and making money on the Forex and Stock market.
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Disclosure: This post contains affiliate links, if you click and make a purchase I may receive a commission - This has NO extra cost for you.
submitted by kayakero to makemoneyforexreddit [link] [comments]

How to Win in Forex

If you practice strict money management rules, then you will become the casino. The house always wins because the casinos know how to control their losses.
Most people have to learn the hard way.. or don't learn from their losses at all due to emotions getting in the way. Don't be fooled by people who use big lot sizes and make big wins on social media. They suffer big losses too and if they don't control their risk management then they will not last long. The problem is that far too many people want to get rich quickly, but nobody wants to get rich slowly. Some of you, if not most, know what I'm talking about.
Take this scenario for perspective. Let's say we have a contest based on these two constants.
Who is going to come out on top? Undoubtedly, me. Why?
Because at the end of the day, money management is the only thing that will be in charge of making your account go up or down.
So how do you exactly make sure that you are using proper risk management? I would suggest either downloading a position sizing indicator and throwing that on your MT4. This will do all the math for you, saving you countless hours over time. You can find a good one on Google. If you are serious and thinking about becoming a professional forex trader for years to come then you can spend 30 minutes searching for an indicator.
The second part is to stick to your trading system. This will require some backtesting. Save your money and take the time to backtest your system. A system is needed to properly trade forex. Why? Because a system is quantifiable.
A system is basically a series of "if, then" statements.
Example: If price is below my moving average, then do not enter a long position.
You need a string of rules, or constants, to create your system. Again, if you take trading seriously, then you will take all the time you need to play with all sorts of indicators in order to find your own system until you find what works for you. This step is crucial. This is why you can never rely on another person's analysis because it is not consistent and is out of your control.
When it comes to me and my money, I want to eliminate as many things as possible that are out of my control.
With this being said, this should be a clear explanation on why price action trading is nearly impossible to consistently make profits and win in forex. There's way too much guess-work involved. Don't believe me? Have you ever found yourself asking any of these questions below? If you do, then welcome to the majority of traders who lose money.
With this said, ladies and gentlemen.. as much as you want to believe you are some kind of magician, we cannot predict the markets.. especially if you're trading with pure price action.. at least not consistently. Predicting the markets is basically the same thing as trading blindly and it's a sucker's game IMHO.
The purpose of a system is to give you an edge over the markets.
To sum up this lengthy post, here are three takeaways:
  1. Create a quantifiable trading system.
  2. Practice proper risk management.
  3. Find what works for you.
Edit: Things to study.
Baby Pips
Trading in the Zone
No Nonsense Forex
submitted by jarjar- to Forex [link] [comments]

[educational] Stretgies for day trading based on Technical Analysis

[educational] Stretgies for day trading based on Technical Analysis

1. Breakout

Breakout strategies center around when the price clears a specified level on your chart, with increased volume. The breakout trader enters into a long position after the asset or security breaks above resistance. Alternatively, you enter a short position once the stock breaks below support.
After an asset or security trades beyond the specified price barrier, volatility usually increases and prices will often trend in the direction of the breakout.
You need to find the right instrument to trade. When doing this bear in mind the asset’s support and resistance levels. The more frequently the price has hit these points, the more validated and important they become.

Entry Points

This part is nice and straightforward. Prices set to close and above resistance levels require a bearish position. Prices set to close and below a support level need a bullish position.

Plan your exits

Use the asset’s recent performance to establish a reasonable price target. Using chart patterns will make this process even more accurate. You can calculate the average recent price swings to create a target. If the average price swing has been 3 points over the last several price swings, this would be a sensible target. Once you’ve reached that goal you can exit the trade and enjoy the profit.
https://preview.redd.it/0oj4a1xlvdh31.png?width=773&format=png&auto=webp&s=8f2aa07b0c7caeeb00c4f997c12e814abbd380da

2. Scalping

One of the most popular strategies is scalping. It’s particularly popular in the forex market, and it looks to capitalise on minute price changes. The driving force is quantity. You will look to sell as soon as the trade becomes profitable. This is a fast-paced and exciting way to trade, but it can be risky. You need a high trading probability to even out the low risk vs reward ratio.
Be on the lookout for volatile instruments, attractive liquidity and be hot on timing. You can’t wait for the market, you need to close losing trades as soon as possible.
https://preview.redd.it/dzaf7t1nvdh31.png?width=653&format=png&auto=webp&s=f3d96d74311de806c3809698df2a964e3eb4db5e

3. Momentum

Popular amongst trading strategies for beginners, this strategy revolves around acting on news sources and identifying substantial trending moves with the support of high volume. There is always at least one stock that moves around 20-30% each day, so there’s ample opportunity. You simply hold onto your position until you see signs of reversal and then get out.
Alternatively, you can fade the price drop. This way round your price target is as soon as volume starts to diminish.
This strategy is simple and effective if used correctly. However, you must ensure you’re aware of upcoming news and earnings announcements. Just a few seconds on each trade will make all the difference to your end of day profits.
https://preview.redd.it/z4r2o6covdh31.png?width=600&format=png&auto=webp&s=b054c77c4bc5978821e879eff73d613d728cb0cf

4. Reversal

Although hotly debated and potentially dangerous when used by beginners, reverse trading is used all over the world. It’s also known as trend trading, pull back trending and a mean reversion strategy.
This strategy defies basic logic as you aim to trade against the trend. You need to be able to accurately identify possible pullbacks, plus predict their strength. To do this effectively you need in-depth market knowledge and experience.
The ‘daily pivot’ strategy is considered a unique case of reverse trading, as it centers on buying and selling the daily low and high pullbacks/reverse.
https://preview.redd.it/4ya3txcpvdh31.png?width=776&format=png&auto=webp&s=f40216413b1376b2d6d5a67e4d09057f55be6ba1

5. Using Pivot Points

A day trading pivot point strategy can be fantastic for identifying and acting on critical support and/or resistance levels. It is particularly useful in the forex market. In addition, it can be used by range-bound traders to identify points of entry, while trend and breakout traders can use pivot points to locate key levels that need to break for a move to count as a breakout.

Calculating Pivot Points

A pivot point is defined as a point of rotation. You use the prices of the previous day’s high and low, plus the closing price of a security to calculate the pivot point.
Note that if you calculate a pivot point using price information from a relatively short time frame, accuracy is often reduced.
So, how do you calculate a pivot point?
  • Central Pivot Point (P) = (High + Low + Close) / 3
You can then calculate support and resistance levels using the pivot point. To do that you will need to use the following formulas:
  • First Resistance (R1) = (2*P) – Low
  • First Support (S1) = (2*P) – High
The second level of support and resistance is then calculated as follows:
  • Second Resistance (R2) = P + (R1-S1)
  • Second Support (S2) = P – (R1- S1)

Application

When applied to the FX market, for example, you will find the trading range for the session often takes place between the pivot point and the first support and resistance levels. This is because a high number of traders play this range.
It’s also worth noting, this is one of the systems & methods that can be applied to indexes too. For example, it can help form an effective S&P day trading strategy

6. Moving Average Crossover

You will need three moving average lines:
  • One set at 20 periods – This is your fast moving average
  • One set at 60 periods – This is your slow moving average
  • One set at 100 periods – This is your trend indicator
This is one of the moving averages strategies that generates a buy signal when the fast moving average crosses up and over the slow moving average. A sell signal is generated simply when the fast moving average crosses below the slow moving average.
So, You’ll open a position when the moving average line crosses in one direction and you’ll close the position when it crosses back the opposite way.
How can you establish there’s definitely a trend? You know the trend is on if the price bar stays above or below the 100-period line.

the source : https://www.daytrading.com/strategies
submitted by JalelTounsi to ethfinance [link] [comments]

some helphul common terms for forex traders

Common terms:

submitted by livmarsh1992- to u/livmarsh1992- [link] [comments]

r/Stocks Technicals Tuesday - Dec 25, 2018

Feel free to talk about technical analysis here (not argue against it), but before you ask any question make sure you see the following information:
Technical analysis (TA) uses historical price movements, real time data, indicators based on math and/or statistics, and charts; all of which help measure the trajectory of a security. TA can also be used to interpret the actions of other market participants and predict their actions:
Measure: Is the security's price trending, has it dipped or is it a falling knife? Interpret: Does the current price mean investors think it's undervalued or overvalued; when did they buy/sell more and why? Predict: If price reaches a certain point, will there be a rally or get rejected?
The main benefit to TA is that everything shows up in the price (commonly known as priced in): All news, investor sentiment, and changes to fundamentals are reflected in a security's price.
TA is best used for short term trading, but can also be used for long term.
Intro to technical analysis by Stockcharts chartschool and their article on candlesticks
Terminology
Useful indicators
Methods or Systems
Strategies: See the TA wiki here as this will be a work in progress, feel free to reply with your own strategy.
See our past daily discussions here. Also links for: Technicals Tuesday, Options Trading Thursday, and Fundamentals Friday.
submitted by AutoModerator to stocks [link] [comments]

r/Stocks Technicals Tuesday - Nov 27, 2018

Feel free to talk about technical analysis here (not argue against it), but before you ask any question make sure you see the following information:
Technical analysis (TA) uses historical price movements, real time data, indicators based on math and/or statistics, and charts; all of which help measure the trajectory of a security. TA can also be used to interpret the actions of other market participants and predict their actions:
Measure: Is the security's price trending, has it dipped or is it a falling knife? Interpret: Does the current price mean investors think it's undervalued or overvalued; when did they buy/sell more and why? Predict: If price reaches a certain point, will there be a rally or get rejected?
The main benefit to TA is that everything shows up in the price (commonly known as priced in): All news, investor sentiment, and changes to fundamentals are reflected in a security's price.
TA is best used for short term trading, but can also be used for long term.
Intro to technical analysis by Stockcharts chartschool and their article on candlesticks
Terminology
Useful indicators
Methods or Systems
Strategies: See the TA wiki here as this will be a work in progress, feel free to reply with your own strategy.
See our past daily discussions here. Also links for: Technicals Tuesday, Options Trading Thursday, and Fundamentals Friday.
submitted by AutoModerator to stocks [link] [comments]

r/Stocks Technicals Tuesday - Dec 11, 2018

Feel free to talk about technical analysis here (not argue against it), but before you ask any question make sure you see the following information:
Technical analysis (TA) uses historical price movements, real time data, indicators based on math and/or statistics, and charts; all of which help measure the trajectory of a security. TA can also be used to interpret the actions of other market participants and predict their actions:
Measure: Is the security's price trending, has it dipped or is it a falling knife? Interpret: Does the current price mean investors think it's undervalued or overvalued; when did they buy/sell more and why? Predict: If price reaches a certain point, will there be a rally or get rejected?
The main benefit to TA is that everything shows up in the price (commonly known as priced in): All news, investor sentiment, and changes to fundamentals are reflected in a security's price.
TA is best used for short term trading, but can also be used for long term.
Intro to technical analysis by Stockcharts chartschool and their article on candlesticks
Terminology
Useful indicators
Methods or Systems
Strategies: See the TA wiki here as this will be a work in progress, feel free to reply with your own strategy.
See our past daily discussions here. Also links for: Technicals Tuesday, Options Trading Thursday, and Fundamentals Friday.
submitted by AutoModerator to stocks [link] [comments]

r/Stocks Technicals Tuesday - Dec 04, 2018

Feel free to talk about technical analysis here (not argue against it), but before you ask any question make sure you see the following information:
Technical analysis (TA) uses historical price movements, real time data, indicators based on math and/or statistics, and charts; all of which help measure the trajectory of a security. TA can also be used to interpret the actions of other market participants and predict their actions:
Measure: Is the security's price trending, has it dipped or is it a falling knife? Interpret: Does the current price mean investors think it's undervalued or overvalued; when did they buy/sell more and why? Predict: If price reaches a certain point, will there be a rally or get rejected?
The main benefit to TA is that everything shows up in the price (commonly known as priced in): All news, investor sentiment, and changes to fundamentals are reflected in a security's price.
TA is best used for short term trading, but can also be used for long term.
Intro to technical analysis by Stockcharts chartschool and their article on candlesticks
Terminology
Useful indicators
Methods or Systems
Strategies: See the TA wiki here as this will be a work in progress, feel free to reply with your own strategy.
See our past daily discussions here. Also links for: Technicals Tuesday, Options Trading Thursday, and Fundamentals Friday.
submitted by AutoModerator to stocks [link] [comments]

Broker Pivot Trade. Trading with best forex indicator. Low spread EUR/USD 0.9-1.1. 50% Deposit bonus. Awards.

Broker Pivot Trade. Low spread EUUSD 0.9-1.1. 50% Deposit bonus. Pivot Trade Awards.
Website: https://www.pivottrade.com Awards: https://pivottrade.com/About/awards.html
Download indicator: https://en.mt4trading.ru/downloads/87.5_indicator.rar
Trading with best forex indicator.

+ Best forex indicator 2017, 2018. 87,5% accuracy. No repaint alerts + SMS signals for trading mt4. INFO - https://en.mt4trading.ru.
Download indicator: https://en.mt4trading.ru/downloads/87.5_indicator.rar

Pivot Trade has received many awards for outstanding achievements in the Forex Industry. Outstanding customer support, excellent platforms, fund security and dedicated services are the greatest values of Pivot Trade.

Hi I am Alexander. Today I am going to do a broker review that many people are curious about. So far, many of you guys have asked me to recommend a broker. I hope this video helps those people who have not yet chosen a broker. To explain you guys with the advantages and disadvantages of this broker, I have been trading in this broker for. I'll tell you what I have felt about trading here.

The name of the broker is called Pivot Trade. Perhaps you might not have heard of them if you have been trading Forex for a long time. This Broker was originally an asset management company and they used to ONLY worked with companies. But they opened to the individuals for the first time in 2016 by making a broker called Pivot Trade. Okay I’ve gone too much of talking, now, I will show you what I have done through last week.

Spread Low - The first thing I noticed while I traded in Pivot Trade is that the spread is low. I will explain why it is really important to choose a broker with low spread. Basically, the movement of 1pip per lot is worth $ 10. Depending on your order, you may earn or lose $ 10. However, on the Forex trading system, we always start with a loss as much as the price of the spread. In other words, if you place a buy order, you will start from the bottom graph price, and if you place a sell order, you will start from the top graph price. That’s why spread is one of the most important factors in choosing a broker.

I will do a calculation from a money point of view. At Pivot Trade, EUR / USD is about 0.9-1.1, so we will calculate it as roughly 1pip. If you are trading at 1.5pip on another broker, there is a spread difference of 0.5pip, is it correct? Then you will have to pay an additional $ 5 for each order you do. If you trade 500 lots a month, then you would lose $5x500 = $ 2500 each month. This is not some amount of money you would want to ignore. Please, everyone who is watching this video, choose a broker with a lower spread.

But you should also be noted that brokers have a lot of false ads. If you check some websites of a broker, it says spread starts from 0.1 pip/0.3pip or what so ever, which is actually not a real spread. This spread only reaches the point for less than a second a day. Many brokers now have a zero spread account, the actual spread is zero, but they receive additional commissions. For example, the spread is 0, but the commission is from $ 20.

Deposit Bonus Withdrawal - Second, I have been working with Forex for a long time, but Pivot trade seems to offer this service to our customers for the first time. Personally, I like this most. You may have heard of Deposit Bonus. However, at Pivot Trade it is very easy to withdraw.

Pivot Trade now offers a 50% deposit bonus up to $ 5000. The Deposit Bonus is added as credit, not as real money. This money is converted into a withdrawable balance of $ 3 for each 1 lot transaction. I have asked the customer service, and they said that bonus will be converted into balance once a week. For example, if you have traded 15 lots this week, $ 45 of the bonus can be withdrawn immediately.

They received the highest customer satisfaction award in year 2018. You can also see there are few more awards they have received.

In conclusion, I am very satisfied that they have low spread. Additionally, the deposit bonus which can be withdrawn even if you trade one lot, is very competitive and seems to be a very good promotion for traders to enjoy. Since this broker is also a registered at Financial Service Authority at St. Vincent, it seem that you don’t have to worry about the safety of the fund.

If you have any questions, please contact:
Web-site: https://en.mt4trading.ru
Skype: master.trade.win
Tel.: +7(928)2514977
Email: [[email protected]](mailto:[email protected])

Video address: https://www.youtube.com/watch?v=oQA3XWBy6Eo
This video was published on: December 29, 2018.
Channel: https://www.youtube.com/usecomemoneys

#Pivot Trade, #broker Pivot Trade, #Awards Pivot Trade, #pivottrade, #low spread, #deposit bonus, #bonus 50%, #chosen a broker, #low spread eurusd, #forex, #forex broker, #broker Asia, #stocks, #indices, #trading, #trade, #indicator forex, #best indicator, #best forex indicator 2018, #forex indicator without rapaint, #without redrawing,
submitted by Mt4Trading to u/Mt4Trading [link] [comments]

r/Stocks Technicals Tuesday - Dec 18, 2018

Feel free to talk about technical analysis here (not argue against it), but before you ask any question make sure you see the following information:
Technical analysis (TA) uses historical price movements, real time data, indicators based on math and/or statistics, and charts; all of which help measure the trajectory of a security. TA can also be used to interpret the actions of other market participants and predict their actions:
Measure: Is the security's price trending, has it dipped or is it a falling knife? Interpret: Does the current price mean investors think it's undervalued or overvalued; when did they buy/sell more and why? Predict: If price reaches a certain point, will there be a rally or get rejected?
The main benefit to TA is that everything shows up in the price (commonly known as priced in): All news, investor sentiment, and changes to fundamentals are reflected in a security's price.
TA is best used for short term trading, but can also be used for long term.
Intro to technical analysis by Stockcharts chartschool and their article on candlesticks
Terminology
Useful indicators
Methods or Systems
Strategies: See the TA wiki here as this will be a work in progress, feel free to reply with your own strategy.
See our past daily discussions here. Also links for: Technicals Tuesday, Options Trading Thursday, and Fundamentals Friday.
submitted by AutoModerator to stocks [link] [comments]

DOWNLOAD NOW Infinity Scalper Easily Make $3,000 $5,000 $7,500 everyday

This software is one of the best ways to find recurring market cycles and trends which have proven to be very profitable over the last two decades. Once you’ve purchased and installed this software on the computer, it will start scanning futures, forex markets or stock markets to find profitable patterns or trends. This will save you a lot of time, and help you earn more money.
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Infinity Scalper is the ultimate forex trading tool with the premium features and advanced trading technology for every kind of forex traders. It is the smartest, powerful and most accurate forex trading tools that give a serious edge. This program is developed to bring more ease and simplicity to your trading life. This advanced trading technology will make it easier and faster. It does not require any forex market again or calculate because the indicator will do all the work for you. This program will work on M1 and M2 timeframes with pure profits. Whether you are busy with other activities and don’t have much time to watch the market and wait for the new trading chance, this Infinity Scalper will easily alert of the new signal. You can enjoy your free time with family, friend, and your beloved ones.
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Infinity Scalper is the easy-forex tool with the mind-blowing features. This program has the unique signal alert system which sends the push notification to your mobile and an email alert to your inbox whenever the new signal comes up. This program also provides you on-screen pop-up alert. With this alert, you will be notified of each new BUY or SELL signal and Stoploss values and TakeProfit. The on-screen signals of this Infinity Scalper are easy to understand. You can simply BUY when the indicator shows the green bar, and sell when the indicator shows the red bar. It is the comprehensive user guide has been written to allow you navigate through this Infinity Scalper. This program will provide you the useful tips that help you to make more profits of every trade with the power indicator tool. It has the special and seamless mode of operation.
It will guarantee convenience and more comfort. This software will work on all the forex pairs. This is the smart trading formula that the collation of the recent trading technologies. It is the built-in first-grade alerts and notification system that provides you timely updates as signals drop in. This program will be notified of each new trading opportunity. This program does all the analysis and calculation that you could ever need to do it. This trading software will allow you to eliminate every human-induced errors and maximizes your profit. You can easily concentrate on most of the things in your life. You can easily make more profits. You never have to bother about missing signal. It is the smartest trading algorithms which have been proven to deliver outstanding results.
Infinity Scalper is an ultimate forex trading tool which contains most advanced features with the latest technology that suits for all kind of forex traders to make huge profits in short period of time. With this new Infinity Scalper, you can get notifications of BUY or SELL signals to make the profit or stop losing your investment by setting up the deals and get complete benefit of profits. With this trading system, you can generate a lot of profitable and fast signals every day that anybody can use to make money effectively. It is specially designed to make your trading life easier and simpler. It will work effectively for all forex pairs and on M1 & M5 timeframes to get original as well as accurate signals. This advanced trading technology enables smarter, faster processing to analyze the forex market condition automatically behalf of you to get the desired result.
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submitted by tranlinhphuong1 to InfinityScalperReview [link] [comments]

a really simple pivot point trading strategy - YouTube Pivot Points Trading Strategy (Best Forex Indicator) - YouTube Live Trade with Pivot Points Pt. 1 - YouTube Mastering Pivot Points In Your Trading  Urban Forex - YouTube

Indicators work for the betterment of the FOREX trading system. These all indicators ease the trader to have maximum profits. You can easily be able to guess about the working of this indicator by the name. Pivot Point: It Simply Guides The Traders About The Price Predicted In Financial Market. Pivot Point Extra Indicator eases professionals as well as beginners to have profits. It is ... Pivot point trading is a trading strategy where traders use Pivot point levels for entry positions and exit positions as important trading levels. Day traders use daily and intraday pivot point levels, weekly traders weekly pivot point levels, etc. Using this kind of strategy traders trade assets respecting current volatility. Calculating Standard Pivot Point Levels. Like other technical ... Pivot Point Shift. How to install the Pivot Point Shift on your Metatrader 4 trading platform? Download the indicator by clicking “LINK” button at the bottom of this post. Copy and paste the Pivot Point Shift files into following folder of your Metatrader 4 (MT4) platform: MQL4 > Indicators. It can be combined into any existing trading system or you can develop a completely new trading system based off pivot points. In this article, we take a look at the pivot point indicator for MT4 and how you can use this in your day trading. But before we go into the details here’s a refresher on how pivot points work and how you can use pivot points in day trading. How do pivot points work ... Pivot points are one of the most widely used indicators in day trading. The tool provides a specialized plot of seven support and resistance levels intended to find intraday turning points in the market. Below is a view of how they appear on a one-hour chart of the AUD/JPY currency pair. All seven levels are within view. While traders often find their own support and resistance levels by ... Pivot Point High Low Forex Trading Strategy provides an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye. Based on this information, traders can assume further price movement and adjust this system accordingly. In this first article of the series on Pivot Points, we’ll discuss one of best ways to use them in your trading which is the 70-80% rule. In this introductory article here you can read about the basics of pivot points and how each of the Pivot Point levels is calculated, while in subsequent articles in this series, we’ll discuss some additional great ways in which Pivot Points can be used ...

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a really simple pivot point trading strategy - YouTube

Pivot Points are a popular indicator that many Forex traders will use in addition when price action trading. But knowing how they work and how to use them co... Get more information about IG US by visiting their website: https://www.ig.com/us/future-of-forex Get my trading strategies here: https://www.robbooker.com C... Pivot Points Trading Strategy (Best Forex Indicator) https://www.forexelite.com Get more information about IG US by visiting their website: https://www.ig.com/us/future-of-forex Get my trading strategies here: https://www.robbooker.com C...

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