AUDCAD 1D/15M TWO TIMEFRAME MACD TRADETrading Strategy Guides has come out with a new improved FREE MACD Indicator.
Day chart shows a Support Line breakout which price breaks above found by a crossover on our new MACD.
On the Day chart with our new improved MACD shows a MACD zero line crossover which is the trade setup.
Normal Day chart Stop Loss would be .8995.
We now change to the 15m chart to find that bullish breakout.
We wait for a 15m Bearish pullback to the support line.
This allows us to find a tighter Stop Loss for a better risk reward ratio.
Go to our website for information about this new improved FREE MACD Indicator
15m
NIFTY 500 15M HOLY GRAIL TRADING SETUPAdd ADX with 14 period
Add 20 SMA
Watch for these to setup trade
ADX above 30 level (manually add 30 level)
Price above 20 sma
Wait for a pullback that touches 20 sma
Place a buy stop above the high of the candle that touched the 20 sma
Stop Loss below the 20 sma
Take Profit up to you
TP can be price crossing below 20 sma
TP can be a 1 x 2 risk reward ratio
TP could be a fib level
EURGBP 1H/15M RABBIT TRADING STRATEGYStep 1 on a 1H chart find a channel
Step 2 Find a breakout of channel
Step 3 on a 15m chart find a bullish pullback
Step 4 Wait for 2 bearish candles to close then ENTER
Step 5 Place your TP 50 pips away
Step 6 Place SL above the last resistance point
Rabbit Trail Channel Trading Strategy Link
tradingstrategyguides.com
EURUSD 15M PIVOT POINT DAY TRADING STRATEGYSetup chart with -
Volume,
Pivot standard,
Sessions on chart.
Step #1: Trade only at the London open or the 8:00 AM GMT.
Note* We’re going to use the 15-minutes time frame and trade based off of the daily pivot points.
Step #2: Buy at the market if after the first 15-Minutes we’re trading above the Central Pivot Point.
Important Note * If after the first 15-minutes into the London session we’re too close to the first support level we better skip this trade opportunity because the profit margin has tightened.
Step #3: Hide your Protective Stop Loss 5-10 pips below the Central Pivot.
Step #4: Take Partial Profit #1 at Support 1; Take Partial Profit #2 at Support 2 or let 2nd TP run.
Step 5 As price hits R2 move SL to PP. As price hits each R level adjust SL to past R level.
Note** the above was an example of a BUY trade using the best pivot point strategy PDF. Use the same rules for a SELL trade – but in reverse.
15m 4H COWABUNGA FOREX TRADING SYSTEMThis trading system which you are going to learn here is called the Cowabunga Forex Trading System.
The Cowabunga Trading System is a trend trading system. So what this forex trading system does is use the 4hr time frame as for identifying the main trend and then trade entries are taken in the 15 minute charts.
So here’s how it works:
1 - If the price in the 4hr charts is trending up, then only buy trades will be taken in the 15
minute charts
2 - If the price in 4 hr charts is trending down, then only sell trades will be taken in the 15
minute charts.
Main Trend 4 HR Timeframe
As mentioned, you need to identify the main trend in the 4hr timeframe. So the 4hr Chart settings and the indicators you need are these:
5 exponential moving average applied to the close
10 exponential moving average applied to the close
stochastic indicator( settings: 10,3,3)
RSI (9), add horizontal line st 50 level
15 Minute Timeframe - Wait for 4H to setup then trade when 15m sets up
You make your trade entries in the 15 minute timeframe. This is what you require on the 15 minute chart:
5 exponential moving average applied to the close
10 exponential moving average applied to the close
stochastic indicator( settings: 10,3,3)
RSI (9), add horizontal line st 50 level
MACD (12,26,9) (exponential histogram)-you have to make sure the histogram displays the difference between the two lines.
Buy (Long) Trades Rules - 4H & 15m setups
1. 5 exponential moving average must cross above the 10 exponential moving average
2. check that the RSI must be greater than 50
3. check that the stochastic is headed up and must not be in the overbought region
4. check that the MACD histogram either in the negative territory and starts to increase or is in negative going to positive.
Sell (Short) Trade Rules - 4H & 15m setups
1. 5 ema must cross 10ema downwards
2. check to make sure RSI is less than 50
3. stochastic indicator must be headed down and not in oversold region.
4. MACD histogram must go from positive to negative or be in positive and start to increase in value.
WHY A BEARISH BIAS FOR NFP TRADELet 1st 15m bar close
1st bar closed below Kijun-sen,
+ vol, oversold %R, Red Macd bar
Wait for a 23%+ fib pullback retrace
2nd bar 38.2%+ pullback & closed below 38.2% level
Enter on open of 3rd bar
3rd bar CLOSE confirmed bearish bias because
Volume+, Oversold %R, Macd red bar
You find your own SL and TP
BEST 15M TRADE STRATEGY USING MOST CURRENT PROGRAMED INDICATORS THIS SHORT TERM TRADING STRATEGY IS USING THE MOST CURRENT PROGRAMED INDICATORS TODAY
IN THE MARKET.
Trade pairs with no news that trading session.
Trade daily trend of either the current 4H or Day chart (MACD/SIGNAL LINES, 5/10EMA LINES SHOW DIRECTION).
US session - trade anytime after CLOSE of 1st 15m bar as NYSE opens - 9:30 am ET.
Asian session - trade anytime after CLOSE of 1st 15m bar as JPY opens - 8 pm ET.
UK session - Trade anytime after CLOSE of 1st 15m bar as GBP opens - 3 am ET.
Add Kijun-Sen indicator - The Kijun-sen also means "base line" and is the mid-point of the 26-period high and low. When the price is above Kijun-sen then short- to medium-term price momentum is up (price below momentum is down). This indicator determines trade directional bias.
Add volume indicator - check volume MA box: shows you the average atr value line (choose whatever color).
Volume is the amount of $ that went into a particular candle or in Forex the # of trades that took place.
We look for the volume bar to have reached the volume ma line to trade 100% position size or at least reach. 75% to the volume ma line to trade 1/2 position size. Do not trade if these rules are not met. (Reset setup).
Add %R indicator - Period 10, levels -20/-80, add -50 level, your own line color preference.
Williams %R, also known as the Williams Percent Range, is a type of momentum indicator that moves between 0 and -100 and measures overbought and oversold levels. The Williams %R may be used to find entry and exit points in the market.
We look for oversold condition below -80 level to confirm short entry or over bought condition above the -20 level to confirm long entry. This is contrary to past training but this works best on smaller time frames for the %R indicator.
Add Macd - faster settings of 12 - 17 - 9, Histogram only, make all bars red & green, uncheck macd & signal lines.
We look for histogram bars to be moving towards the zero line or a cross over of the zero line to confirm entry.
Trade Management: trade anytime after trading session candle CLOSED.
1 - Position size (compare volume bar to volume ma line).
a - Candle must have reached the average volume line 100% for a full position size.
b - If 75% of average volume line then ½ position size.
2 - Enter two trades.
3 - SL for both trades will be 5 pips above Kijun-Sen+ line.
4 - 1st trade TP will be 12 pips or 1 x ATR of pair.
5 - No TP on 2nd trade – letting profit run and adjusting SL to follow price.
6 - When 1st TP hit – move 2nd trade SL to breakeven.
7 - Adjust the 2nd trade SL to follow price or exit if price stalls.
EURAUD 15m Short Trade - 1st 15m candle close of NYSE open.
1 - Price below Kijun-Sen+ base line so bearish bias.
2 - Volume bar at ATR average line so price has momentum - trade 100% position size.
3 - %R oversold below -20 level confirms entry.
4 - Macd with red bar below 0 line confirms entry.
5 - 1st TP hit - 2nd trade SL moved to breakeven.
6 - As price continued to fall 2nd trade SL followed highs of previous candle to current price candle.
7 - Either SL was hit or exited trade because price candles stalled sideways.
AUDNZD 1D STOCHATIC INTRADAY TRADEFind daily pair where
Daily Chart
1: Stochastic lines have crossed below 20 level
2: K line above D line
3: K line crosses above 20 level - then
4: Look at 15m chart for swing low pattern
15m Chart -
Swing Low Pattern
1st candle higher low
2nd candle lower low
3rd candle higher low
Look for
1: Stochastic lines have
crosses below 20 level
2: K line above D line
3: K line crosses above 20 level - then look for swing low pattern
4: Buy Stop at breakout of Swing Low Pattern Highest High
5: SL 5 pips below previous swing low
6: TP is a 1x2 risk reward
XAUUSD TRIANGLE BULLISH BREAKOUT ENTRYDay chart shows ascending triangle chart pattern - bullish bias
1H chart shows failed bullish breakout - price re-entered triangle pattern - bounces off bottom -breaks top
15m chart with fib shows an entry point - you choose
Tell us what SL & TP yu want to choose in the comment section below
We are doing a live triangle trading class on our TTT Strategy June 25th @ 2PM ET! If you are interested in learning more about it, please visit the link you see below in our signature. Thanks!
Backtest Ichimoku strategy 15MRESULTS:
- 01-04-2019 - 26-05-2019
- No trades with SL > 2%
- 15M
- 131 trades taken
- Profit: 76.13%
- Compounded profit: 109.40%
STRATEGY RULES:
BULLISH ENTRY:
- Conversion line crosses base line
- Cloud is green (current cloud, the cloud that is offset into the future)
- Cloud is below price (cloud that is directly below price not the cloud that is offset into the future)
- Price is above all lines
BEARISH ENTRY:
- Conversion line crosses base line
- Cloud is red(current cloud, the cloud that is offset into the future)
- Cloud is above price (cloud that is directly below price not the cloud that is offset into the future)
- Price is below all lines
BULLISH EXIT:
- Stop Loss: Close below base line of the entry candle
- TP 1: 25% 2:1 R-R
- TP 2: 25% 3:1 R-R
- TP 3: 25% 5:1 R-R
- TP 4: 25% 10:1 R-R
- Trailing profit: Close below base line
BULLISH EXIT:
- Stop Loss: Close above base line of the entry candle
- TP 1: 25% 2:1 R-R
- TP 2: 25% 3:1 R-R
- TP 3: 25% 5:1 R-R
- TP 4: 25% 10:1 R-R
- Trailing profit: Close above base line
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Weekly chart shows they have dialed it in for years
Most of weekly volume spikes are on bullish weeks
People are interested in this chart - volume is going up - volatility is going up
There is a continuous increase in the trend line angle
Anytime your trend line does a dramatic increase like this is called a bump and run.
The bump and run trend line is usually considered bearish but there are strong bullish signs still
Drilling down to 1D chart , notice hugh gap down on May 3rd
Gap down on positive earnings news
Drove down to 15m chart to find where volume spike came from
First few 15m candles drove price back up so gap spike from 1D came from positive moves
Most of the traders want this pair long
When most traders want price to go long you are probably in for a pullback
Price has been pushing up for some time so expecting some consolidation
Watch for an ascending triangle to develop
Sell when you see pullback on reduced volume and volatility
Buy at trend line bounce
If pullback did not come with reduced volume/volatility then enter with smaller size.
Use ATR to determine SL (1.5xATR)and TP (1xATR). When in profit take some off and move SL to break even.
CAN MOVING AVERAGE GIVE CONTEXT TO PRICE MOVEMENTConsider the common situation in Forex when price makes a move for 50 or more pips in one direction. It could be a sudden move covering a large distance in just one or two bars, or it could move steadily over many days. Whether the move surprises you or steadily makes tracks in one direction, it happens that you notice this market might be trending. Will it continue? Or, should you expect it to suddenly reverse? How do you know?
Trading is a speculative venture without absolute assurance of timing or direction for the market’s next move, but there is something you can do to stack the odds in your favor. Plotting a moving average gives context to changes in price, and provides a template for planning trades with expectations about what the market will do next.
Look at these 2 charts. The first one, without any technical indicators, is a picture of rapid change in price. It would be impossible to know if it’s random, if it’s expected to continue going down, or if it might swing back in the opposite direction.
In the second picture, two moving averages give context to that same price action.
In the midst of a choppy market where price is jumping up and down over a period of time, the moving averages show me that price is holding to one side, giving me the information I need to know this market is in a down-trend and will be looking for lower lows. Going short is a good bet in spite of the volatility.
Moving averages are guides, providing context and making the world of price action look a lot less random.
DAY TRADING MOMENTUM BURST with WILLIAMS %R INDICATORWilliams Percentage Range Strategy
The trading rules for the Williams Percent Range strategy will be outlined in this section.
When day trading you need to eradicate all the uncertainty around your decision making process. This is why we have developed the Williams percent range strategy, a based-rule system, that can get you trade from a place of personal power.
The benefit of our day trading system is that it can be used with any market in the world. The profit potential is endless.
Strategy #2: Day trading Momentum Burst with Williams %R Indicator
As an alternative of using the Williams percent r to identify overbought and oversold market readings, we have developed a way to catch those moments of momentum bursts that you can see on your charts every single day.
Momentum trading can offer you instant gratification and the Williams %R trading strategy can help you satisfy those financial urges.
Let’s get into how momentum trading works using the Williams %R indicator.
Step #1: Add Williams %R Indicator to chart
Note: Make sure you use a 10 periods for the Williams percent range oscillator.
Step #2: Draw a line at the -50 level on the Williams percent R indicator
The momentum strategy is developed around the -50 level.
For visual representation and to better and faster identify the potential trade signals we add a line at the -50 level. The -50 level is the middle of the Williams percent range oscillator range. When the %R indicator crosses the -50 level, it signals a change in the momentum.
We have also changed the oversold and overbought readings to -90 respectively -10.
Let’s now define what we need to see before pulling the trigger on a trade.
Step #3: Buy once the Oscillator moves from oversold reading and crosses the -50 level
There are two conditions that need to be satisfied before confidently buying.
First, we need to see the %R oscillator in oversold territory. We consider a market oversold if it shows a reading below the -90 level.
Secondly, we need to see the oscillator moving away from oversold territory and cross the -50 level from beneath.
This shift in momentum indicates that we can start looking for trade opportunities in the direction the oscillator crossed the -50 level. In our case we’re looking to buy right away once the momentum oscillator breaks above the -50 level.
Step #4 & #5: Find your own SL & TP
ETHUSD 15M SHOOTING STAR CANDLE TRADING STRATEGYShooting Star Candle Strategy
The shooting star candle strategy is a very simple but very effective methodology to trade the financial markets. You can trade stocks, Forex, currencies, commodities, futures and even cryptocurrencies across various time frames.
The kinds of trade setup we’re going to propose through this reversal trading strategy have an astonishing high rate of success. However, the only downside is that they will only show up on your Forex candlestick chart once in a while.
Let’s get started and get our feet wet.
Step #1: Attach the Chaikin Money Flow Indicator on your Preferred Time Frame
Start first by preparing your charts ready for the battle. Simply attach the Chaikin Money Flow indicator on your favorite time frame. This is the only additional technical tool we’re going to use to confirm the validity of the bearish shooting star pattern.
Using the CMF indicator we accomplish one major thing.
The validity of the bearish shooting star will be confirmed or invalidate instantly as soon as the bearish inverted hammer develops on our Bitcoin candlestick chart. This means that the price won’t move any further from the ideal entry price.
Step #2: The Shooting Star Candle should come after a strong bullish trend
The location or in other words, where the shooting star candlestick develops matters a lot.
This whole ingredient is what makes the bearish shooting star candle performs with such a high degree of accuracy. We need a strong uptrend that has two important features:
The first part of the trend is a slow and steady move to the upside
The last part of the uptrend, prior to the shooting star candle, needs to be more volatile.
Basically, we’re looking for a full-blown market top where the bulls are exhausted and reach a climax point.
Step #3: The CMF indicator must be below the 0 line once the bearish shooting star candle develops
The Chaikin Money Flow is a great tool to read and measure institutional accumulation-distribution activity in any market. Basically, a CMF reading below the zero line shows that the sellers have the upper hand and they took control of the market.
Notice that the bearish shooting star spotted satisfies all the requirements of a bearish inverted hammer. The shadows are at least two times longer than the body; small body; and very little lower shadow. This candle would have been more powerful if the closing price is below the opening price.
But it’s still a good pattern to trade due to all the other features.
Now, it’s time to highlight how to find the right entry point for bearish shooting star candlestick.
Step #4: Sell once we break the low of the Shooting Star Candle
Simply, place a limit sell order below the low of the shooting star. Nothing complicated about our entry strategy. It’s in line with the textbook rule.
Step #5: Hide SL above the high of the Shooting Star Candle.
Simply hide your protective SL above the high of the shooting star pattern. You can add a buffer of a few pips if you wish to protect against possible false breakouts.
The full-blown top creates the necessary space where the bears would find no level of support to stop the drop. The last stage of a trend has been always more volatile. And, when combined with the reversal shooting star pattern, it makes for a killer trading strategy.
Step 6 TP when we get inside the slow part of the prevailing trend.
BEST RIPPLE STRATEGY IN CRYPTOCURRENCY TRADINGStep #1 Divide your 5-Minute Chart by Trading Sessions
Since we’re using a strategy only for day trading Ripple we need to make use of intraday charts. The ideal time frame to implement our Ripple strategy is the 5-minute chart. Also read the simple way of trading multiple time frames in forex.
The 15-minute chart will give us a better view of the overall price action and on the Ripple intraday trend.
Most cryptocurrency trading platforms can do this automatically and place a vertical line at the start of a new trading day. By doing this we can better visualize where the opening daily price is for each new trading session.
Step #2 If we’re on an Up-Day, Mark on your Chart the Time Window between 9 – 10 GMT Time
As we mentioned earlier we have found out through backtesting that the best time to buy Ripple is between 9 – 10 GMT. However, that’s only half of the equation because our statistics also show that the best time to buy Ripple is in the up days.
What do we mean by this?
We want to buy Ripple between 9 AM and 10 AM GMT. Ripple is trading above the opening price.
Our Ripple strategy is very intuitive!
If we buy Ripple above the opening price it means that we’re buying in the direction of the prevailing trend. Essentially, this is a trend following strategy deployed on intraday trends.
Step #3 Buy anywhere between the 9 – 10 GMT Time Window
From 9 to 10 GMT we have our window of buying opportunity. This time window also coincides with the London open and it’s the time when many cryptocurrency traders step into the market.
Now, depending on your trading skills and your experience you can fine tune your entry point within this time window.
Step #4 When day trading XRP Ripple hide your SL below the Opening Price
It’s quite intuitive why the logical place to hide your protective stop loss is below the opening price. Any deep below Ripple opening price will alter the bullish sentiment.
A sell-off below the opening price indicates that the buyers are weak and maybe we’re better off trying to buy Ripple on another day.
In order to make profit trading Ripple we also need a strategy to get out of our position.
We’re also proposing an unorthodox way when it comes to the take profit strategy which brings us to the next step.
Step #5 Take profit once the Price Travels the Same Price Distance it did from the opening price until 9 AM GMT
We’re going to suggest the best way to take profit on Ripple.
For an easy understanding of our Ripple take profit strategy we’re going to break down the strategy in two parts:
First, measure the price distance from the opening price to the high established between 9 to 10 AM GMT.
Second, project the same price distance to the upside measured from the low established between the 9 – 10 GMT window.
The same trading concept has been used multiple times in our various trading strategies. We recommend taking this approach because it incorporates the dynamics of the price rather than an arbitrary price on your chart.
Conclusion - Ripple Trading Strategy
It is said that Ripple has the potential to disrupt the SWIFT system for sending large amounts of money to different countries. Ripple doesn’t have much competition in this space and they have the right infrastructure to be the next Bitcoin. You can also read our best short-term trading strategy.