CADJPY 1D MA-X STRATEGY CONTINUATION LONG Tim's MA-X Strategy.
This is a Moing Average Cross or MA-X strategy setup.
MA-X strategy consists of the 100 period simple moving average (SMA) in red,
and the 20 period exponential moving average in blue.
If the 20 ema is above the 100 sma then we only take buys or longs.
If the 20 ema is below the 100 sma the we only take selss or shorts.
*In this case price is above the 100 sma so we will only take buys or longs.
*This Pair has been in a nice uptrend foe some time.
*It's now pulled back below the 20 ema and consolidating below the 20.
*We are going to look for a close above the 20 ema to go long.
*This trade plan we buy a daily candle close above the 20 ema.
On the breaking candle to enter a full-sized position we want to the volume bar reach up to the volume average.
If it doesn't reach the average but does reach 75% of the average open a ½ size position to reduce risk.
You can calculate the percentage by dividing the first volume average by the second volume average.
You should at least get 75%, if you don't then stand aside on the trade.
The stop loss will be 1.5 x ATR.
The first target will be 1 x ATR.
So the way that works is you get your candle close above the 20 ema that's your entry point.
At that time you look at the ATR of that candle.
You multiply that by 1.5 to get your SL.
You measure that distance behind the entry and that will be your SL.
Then you measure 1 ATR above the entry and that will be your first target.
If after entering the trade the candle closes back below the 20 ema, tke the loss right then.
Do not wait for price to hit the SL.
Our intention is that a breakout above the 20 ema should be explosive and hit our target fairly quickly.
If the momentum goes away we want to shut the trade down without taking a full stop if possible.
When price hits our first target, close half the position for profit and set the SL to break even on the remainder.
Follow stops as price moves in our direction until the market takes us out.
These two rules are the very definition of cuttoing your losses and letting your winners run.
Typically does this by using two positions.
The first position has a stop loss and a take profit.
That position will close automatically when the first target is hit.
The second position will only have a stop loss and not take profit.
This is the position that will be allowed to run.
When the first target is hit we have to manually move our stop up to break even on the second position.
Risk only two percent of your trading account of each trade.
Each position will then only be 1%.
100sma
NZDCAD 1D MA-X STRATEGY LONG TRADETim's MA-X Strategy.
This is a Moing Average Cross or MA-X strategy setup.
MA-X strategy consists of the 100 period simple moving average (SMA) in red,
and the 20 period exponential moving average in blue.
If the 20 ema is above the 100 sma then we only take buys or longs.
If the 20 ema is below the 100 sma the we only take selss or shorts.
*In this case price is above the 100 sma so we will only take buys or longs.
*This Pair has been in a nice uptrend foe some time.
*It's now pulled back below the 20 ema and consolidating below the 20.
*We are going to look for a close above the 20 ema to go long.
*This trade plan we buy a daily candle close above the 20 ema.
On the breaking candle to enter a full-sized position we want to the volume bar reach up to the volume average.
If it doesn't reach the average but does reach 75% of the average open a ½ size position to reduce risk.
You can calculate the percentage by dividing the first volume average by the second volume average.
You should at least get 75%, if you don't then stand aside on the trade.
The stop loss will be 1.5 x ATR.
The first target will be 1 x ATR.
So the way that works is you get your candle close above the 20 ema that's your entry point.
At that time you look at the ATR of that candle.
You multiply that by 1.5 to get your SL.
You measure that distance behind the entry and that will be your SL.
Then you measure 1 ATR above the entry and that will be your first target.
If after entering the trade the candle closes back below the 20 ema, tke the loss right then.
Do not wait for price to hit the SL.
Our intention is that a breakout above the 20 ema should be explosive and hit our target fairly quickly.
If the momentum goes away we want to shut the trade down without taking a full stop if possible.
When price hits our first target, close half the position for profit and set the SL to break even on the remainder.
Follow stops as price moves in our direction until the market takes us out.
These two rules are the very definition of cuttoing your losses and letting your winners run.
Typically does this by using two positions.
The first position has a stop loss and a take profit.
That position will close automatically when the first target is hit.
The second position will only have a stop loss and not take profit.
This is the position that will be allowed to run.
When the first target is hit we have to manually move our stop up to break even on the second position.
Risk only two percent of your trading account of each trade.
Each position will then only be 1%.
USDJPY 15M ASIAN SESSION TIM'S MA CROSS STRATEGYThis is a New Trading Day Session on the USDJPY 15m chart.
Price is in a consolidation sideways movement.
Price has been above the 20ema for awhile.
Tim's MA Cross rule 1 is 20 ema is below 100sma for short trade.
Rule 2 Sell Signal candle OPENS above 20ema and CLOSES below 20ema.
Because of the consolidation sideways move I plan to enter when price breaks the support at the Sell Signal candles low. I entered a Sell Stop at 108.63. Volume was above MA line so 100% full size position was made.
I have added the ADRHiLo indicator to help me find my TP level at the ADR Low of 108.21
To view Tim's MA Cross Strategy go to TSG YouTube videos and watch his current video "How to trade my best MA Cross Forex Strategy".
TIM'S MA CROSS STRATEGY LONG TRADETim's MA Cross Strategy Indicators
1) 100 Period Simple Moving Average (100 SMA)
2) 20 Period Exponential Moving Average (20 EMA)
3) 14 Period Average True Range (ATR14)
4) Volume with 20 Period Average (Volume MA20)
Tim's MA Cross Strategy Rules
1) Longs only when 20EMA is above 100SMA
Shorts only when 20EMA is below 100SMA
2) Buy when candle OPENS below 20EMA and CLOSES above 20EMA
Sell when candle OPENS above 20EMA and CLOSES below 20EMA
3) No Trade if the price moves more than 1xATR14 from the 20EMA
Standard Trade Management Rules
1) If, after entry, the candle closes back on the opposite side of the 20EMA, close for a loss
2) Full Size Position if Vol >= 100% vol avg
1/2-Size Position if Vol >= 75% vol avg
3) Stop-Loss = 1.5 X ATR
1st Target = 1 X ATR
4) 1/2 off at 1st Target for profit - move Stop-Loss to break-even on remainder
Find Tim Black's complete MA Cross Strategy on our TSG YouTube site
GBPNZD 4H BEARISH BIAS SHORT TRADEPrice at 100 sma so it can bounce bullish or breakout bearish
Price has failed twice to hold above 100 sma - Bearish Bias
Bearish Bias: Macd Over-bought, Macd below Red signal line
1st Short position - Price closes on 30m candle below 100 sma
Price can fall to 50 sma for 1st Short TP - take 1/2 off position and let rest run
At 50 sma price can bounce bullish or breakout bearish
2nd Short position - Price closes on 30m candle below 50 sma
2nd Short TP is previous support @ 1.9127
Find your own appropriate SL's
BTCUSD - Old Channel Top, no way that breaks!For the moment --- NO ALTS, JUST BTC. Sell between 6500$ and 7700$.
There is heave resistance from the old channe drawn in purple. People could soon come back to earth. There is going to be a massive shake off.
I expect it between the 20 and 28th of May based on TD Setup and Countdown in different Timeframes.
Actually if the 3D chart keeps up the great work, on the 25th of May!
D TD: 13 completion somewhen around the 20th of May.
3D TD: 9 13 Completion on the 25th of May and ends on the 28th of May.
4D TD: 13 on the 21th of May. 9 on the 25th of May.
5D TD: Hopefully not in another Countdown/Setup phase by than, because it gave us great signals so far.
13D TD: 9 13 Completion starts on the 24th of March and ends on the 6th of June
Also the Weekly 100 SMA at 6513$, where we could possibly wick through but not close above.
AUDNZD 4H TRADESPrice is at the 100 sma
Price close below or above 100 sma determines direction
Follow Macd for direction
Long Trade
Price closes above 100 sma
Enter at candle close
Buy TP @ 1.0679
SL below 100 sma
Short Trade
Price closes below 100 sma
Enter at candle close
Sell TP @ 1.0505
SL above 100 sma
EURJPY 4H MA TRADESPrice is in between the 50 sma and the 100 sma
Short Trade
If price drops below the 50 sma in less than 8 bars
Then Sell Stop @124.49
Sell Take Profit @ 124.00
Long Trade
If Price stays above the 50 sma for over 10 bars
Then Buy Stop @ 124.95
Buy Take Profit @ 125.30
SL 20 pips below or above 50 sma
depending of a sell or buy
Watch Macd for direction
SRTF Analysis and Patterns RecognitionHistory does repeat itself and at this instance its not too long ago we saw this movement on the pair.
A triangle, breakout, correction move and a final down move followed by Fibonacci retracement.
I dont go against the trend so lets remain bearish and watch this pair. Breaking down would definatelly have me selling
GBPAUD 4H RANGE TRADE LONGPrice has been in a range pattern
Price may be in a failed bearish range breakout
If price returns back into the bottom range
Long Trade
Buy Stop @ 1.7930
Buy Take Profit is the 100 sma
SL below swing low
Watch Macd to cross above Red Signal line and Zero line for bullish confirmation
GBPJPY 4H TRADESPrice is between 50 sma and 100 sma
Price below 50 sma so bearish bias
If price breaks above 50 sma again
Long Trade
Buy Stop @ 143.20
1st Buy Take Profit @ 143.60
2nd Buy Take Profit @ 144.60
If price stays below 50 sma
Short trade
Sell Limit @ 142.90
Sell Stop @ 142.20
Sell Take Profit 141.40
Watch Macd for direction
Find a SL
AUDUSD 4H SHORT TRADEWHY BEARISH BIAS TRADE
Price had two failed breakout attempts of the 800 sma
A 3rd failed breakout attempt of the 800 sma was a news related event
Macd is below zero and Red signal lines
Short Trades
News related spike bullish candle low is support level to breakout @ .71725
Price should close below 50 sma
1st Sell Entry @ .71725
2nd Sell Entry is bearish breakout of 4h trendline
2nd Entry is made from a 15m chart with a break-hook-go candle pattern
Sell Take Profit is the 100 sma so possible exit area is .7110
Watch Macd for direction
NZDUSD 4H RANGE TRADESPrice is above 100 sma
Price could continue up to the 50 sma
Price usually moves sideways awhile when in-between 100 and 50 sma
Price may breakout above 50 sma and retest range top
Enter bullish breakout on a 15m chart with a break-hook-go candle pattern
Price could fail above 100 sma and cross below it again
Sell Stop @ 1.6725
Sell Take Profit @ 1.6690
Find appropriate SL
DOUBLE DEATH CROSS STRATEGY WTI CRUDE STOCKApply these SMA Indicators on your chart - 50 - 100 - 200
Step #1: Wait for the 50-day EMA to cross below the 100-day EMA. The two moving averages also need to converge with the price action.
If we get the crossover of the 50-day MA (blue line) and 100-day MA (orange line) at the same time the price is testing those moving averages, that’s the best-case situation for a trade because we can define the risk.
The rule you need to keep in mind is that when the MAs converge with the price you have to get ready for the ride because it is going to get BUMPY!
Step #2: Multiple entry strategy: Sell 1 when we close below 50-day MA and 100-day MA. Sell 2 when we break and close below 200-day MA.
Using multiple entries to improve your average entry price can be the best way to approach the death cross signal. Scaling in to a position is our preferred trading method when looking to capture large price move in a currency pair.
The fact that the price was near the death cross signal, it created a tension in the market that eventually will lead to a sharp move to the downside.
We pull the trigger on the first half of the trade once we close below the 50-day and 100-day moving averages.
If at the moment when the death cross developed we’re already trading slightly below the two moving averages, sell at the market the moment we close below.
The second half of our position is entered once we break and close below the 200-day moving average.
Note* it’s important to remember that the success of the death cross signal relays on this simple trade secret that price and the two moving averages needs to converge.
Keep it simple stupid is not just a simple aphorism, but it’s an old truth that can make the difference between losing and making money trading.
This brings us to the next important thing that we need to establish for our long-term trading strategy, which is where to place our protective stop loss.
Step #3: Hide your protective Stop Loss above 50-day MA and 100-day MA
The most important thing we need to define when trading is our risk. If you want to be a profitable trader you really need a limited risk. This is the type of death cross trades that we want to pull the trigger on.
If the price were to move back above those moving averages, we can safely assume this is yet another false trade signal. In this trade case scenario, we’re risking a little and our reward is potentially much bigger.
So, the best place to hide your protective stop loss is above the 50-day MA and 100-day MA.
Step #4: Two-step process for the take profit strategy: Mark on your chart the high of the candle when the 50-day MA crossed below 200-day EMA. Take profit when this high is broken.
Our take profit strategy might seem a little bit complex, but once we break down the steps you need to follow it will make more sense why we’ve chosen this approach.
The first thing you have to do is to remember what we said in the beginning of the article which is that when the price doesn’t converge with the two MAs this is a death cross false signal.
In our example below, we can observe this type of price action.
Now all you have to do is to mark the high of the candle when the death cross happened and take profit as soon as the high gets broken.
Note** the above was an example of a SELL trade using the death cross strategy. Use the same rules for a BUY trade – but in reverse, in which case we have the golden cross trading strategy.
MONDAY 4h MACD CROSSOVER ZERO LINE STRATEGYStart scanning your trading pairs on 4h after the beginning of the new Monday Trading session
Setup chart with 50 sma & 100 sma
Setup chart with a Macd default setting of 12-26-9
Find a Macd indicator that shows zero line like TV - Indicators - Public Library - Macd Crossover
Trade Setup 4H
When Macd Blue like crosses over Zero line (above is buy signal - below is sell signal)
Enter at opening of next candle after crossover
TP - can be 50 to 100 pips or you decide your own exit strategy
SL - below/above macd crossover candle
USDCAD 4H SHORT TRADESPrice is moving between 50 sma and 100 sma
Price may rise back to 50 sma again before falls to 100 sma
Sell Limit @ 1.3567
Sell Limit TP - take 1/2 profit @ 1.3480
Let rest of trade ride
Price can currently fall to 100 sma and break below
Sell Stop @ 1.3480
1st Sell Stop TP @ 1.3427 - take 1/2 profit let rest ride
2nd TP close all trades @ 1.3364
SL placed above high
Adjust SL as price falls