Customtradingsystem
BOOOM! GOLDBUY banking 600 pips! SELL now open running +500!Great trade again from gold ... BUY banking just over 600 pips! SELL open running +500!
What is our strategy?
Our strategy is a trend following strategy - that is coded in pine script to use with the trading view platform - the entries are shown automatically! NOTHING is done manually, it can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so we can back up over 4200 previous trades to confirm our edge from previous data. This gives us confidence in execution and belief in our trading strategy for the long term.
The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL and multiple TPs (although we hold until opposite trade as this is the most profitable longer term plan), lot size, etc.
This could be on your phone trading view app, or laptop of course.
The hard work is done, so we have zero chart work time, no analysis, no time front of the chart doing technical analysis - technical analysis is very subjective - you may see different things at different times - how do you have a rigid trading plan on a H&S shoulder pattern? Your daily routine, diet, sleep, exercise can affect what you 'see' and your decision making, this doesn't happen when a strategy is coded like this; what we do have is a mechanical trading strategy...
What does this mean?
It means, we are very clear on our entry and our exit and use strict risk management (this is built in - put in your account size, set your risk in % or fixed amount and it will tell you what lot size to trade!) so we have no ego with our position and we are comfortable with all outcomes - its simply just another trade. This free's our mindset from worry and anxiety as we take confidence from knowing our edge is there and also that we have used sensible risk management.
The strategy itself can be used as a live trading journal too!
MUST WATCH! Quick video explaining our STRATEGY!Afternoon traders!
A lot of messages recently reagding the buy and sell strategy we use and how it works so i thought ill make a quick video for you all explaining how it works, what it does and how you can use it! hopefully this answers alot of your questions but dont hesistate to drop me a message if not. :)
What is our strategy?
Our strategy is a trend following strategy - that is coded in pine script to use with the trading view platform - the entries are shown automatically! NOTHING is done manually, it can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so we can back up over 4200 previous trades to confirm our edge from previous data. This gives us confidence in execution and belief in our trading strategy for the long term.
The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL and multiple TPs (although we hold until opposite trade as this is the most profitable longer term plan), lot size, etc.
This could be on your phone trading view app, or laptop of course.
The hard work is done, so we have zero chart work time, no analysis, no time front of the chart doing technical analysis - technical analysis is very subjective - you may see different things at different times - how do you have a rigid trading plan on a H&S shoulder pattern? Your daily routine, diet, sleep, exercise can affect what you 'see' and your decision making, this doesn't happen when a strategy is coded like this; what we do have is a mechanical trading strategy...
What does this mean?
It means, we are very clear on our entry and our exit and use strict risk management (this is built in - put in your account size, set your risk in % or fixed amount and it will tell you what lot size to trade!) so we have no ego with our position and we are comfortable with all outcomes - its simply just another trade. This free's our mindset from worry and anxiety as we take confidence from knowing our edge is there and also that we have used sensible risk management.
The strategy itself can be used as a live trading journal too!
EURUSD BUY CLOSED +100! SELL now OPEN!Great BUY here, now closed! banking 100 pips! SELL NOW OPEN AND VALID TO ENTER.
What is our strategy?
Our strategy is a trend following strategy - that is coded in pine script to use with the trading view platform - the entries are shown automatically! NOTHING is done manually, it can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so we can back up over 4200 previous trades to confirm our edge from previous data. This gives us confidence in execution and belief in our trading strategy for the long term.
The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL and multiple TPs (although we hold until opposite trade as this is the most profitable longer term plan), lot size, etc.
This could be on your phone trading view app, or laptop of course.
The hard work is done, so we have zero chart work time, no analysis, no time front of the chart doing technical analysis - technical analysis is very subjective - you may see different things at different times - how do you have a rigid trading plan on a H&S shoulder pattern? Your daily routine, diet, sleep, exercise can affect what you 'see' and your decision making, this doesn't happen when a strategy is coded like this; what we do have is a mechanical trading strategy...
What does this mean?
It means, we are very clear on our entry and our exit and use strict risk management (this is built in - put in your account size, set your risk in % or fixed amount and it will tell you what lot size to trade!) so we have no ego with our position and we are comfortable with all outcomes - its simply just another trade. This free's our mindset from worry and anxiety as we take confidence from knowing our edge is there and also that we have used sensible risk management.
The strategy itself can be used as a live trading journal too!
EURUSD BUY CLOSED +100! SELL now OPENGreat BUY here, now closed! banking 100 pips! SELL NOW OPEN AND VALID TO ENTER.
What is our strategy?
Our strategy is a trend following strategy - that is coded in pine script to use with the trading view platform - the entries are shown automatically! NOTHING is done manually, it can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so we can back up over 4200 previous trades to confirm our edge from previous data. This gives us confidence in execution and belief in our trading strategy for the long term.
The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL and multiple TPs (although we hold until opposite trade as this is the most profitable longer term plan), lot size, etc.
This could be on your phone trading view app, or laptop of course.
The hard work is done, so we have zero chart work time, no analysis, no time front of the chart doing technical analysis - technical analysis is very subjective - you may see different things at different times - how do you have a rigid trading plan on a H&S shoulder pattern? Your daily routine, diet, sleep, exercise can affect what you 'see' and your decision making, this doesn't happen when a strategy is coded like this; what we do have is a mechanical trading strategy...
What does this mean?
It means, we are very clear on our entry and our exit and use strict risk management (this is built in - put in your account size, set your risk in % or fixed amount and it will tell you what lot size to trade!) so we have no ego with our position and we are comfortable with all outcomes - its simply just another trade. This free's our mindset from worry and anxiety as we take confidence from knowing our edge is there and also that we have used sensible risk management.
The strategy itself can be used as a live trading journal too!
HOW OUR BUY AND SELL STRATEGY WORKS!!!! MUST WATCH!Afternoon traders!
A lot of messages recently reagding the buy and sell strategy we use and how it works so i thought ill make a quick video for you all explaining how it works, what it does and how you can use it! hopefully this answers alot of your questions but dont hesistate to drop me a message if not. :)
What is our strategy?
Our strategy is a trend following strategy - that is coded in pine script to use with the trading view platform - the entries are shown automatically! NOTHING is done manually, it can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so we can back up over 4200 previous trades to confirm our edge from previous data. This gives us confidence in execution and belief in our trading strategy for the long term.
The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL and multiple TPs (although we hold until opposite trade as this is the most profitable longer term plan), lot size, etc.
This could be on your phone trading view app, or laptop of course.
The hard work is done, so we have zero chart work time, no analysis, no time front of the chart doing technical analysis - technical analysis is very subjective - you may see different things at different times - how do you have a rigid trading plan on a H&S shoulder pattern? Your daily routine, diet, sleep, exercise can affect what you 'see' and your decision making, this doesn't happen when a strategy is coded like this; what we do have is a mechanical trading strategy...
What does this mean?
It means, we are very clear on our entry and our exit and use strict risk management (this is built in - put in your account size, set your risk in % or fixed amount and it will tell you what lot size to trade!) so we have no ego with our position and we are comfortable with all outcomes - its simply just another trade. This free's our mindset from worry and anxiety as we take confidence from knowing our edge is there and also that we have used sensible risk management.
The strategy itself can be used as a live trading journal too!
NZDCHF at very good price to continue sell ideaNzd chf designed its channel from H4 timeframe. From this channel we can see how sellers were trying their push stronger then lazy buyers did.
There might be a problem to continue even lower targets, from this pair, but still we can see a good sell idea from current resistance level (if retracement is proved). We are expecting targets where is following channel next touch.
Hope we'll helps you define next trade idea
Follow us for more
Elitefxacademy
CADJPY is good looking sell ideaFirst of all, we have to wait H1 decision. Price might go to 76.02 resistance level (bounce!), and then continue short or price will continue from current level, but first it has to break lower low level and prove it on H1 timeframe.
We assume this trade is clear entry from CAD weakness. Can is getting weaker for a few days long, and its weakness is increasing. Even if you didn't relize weakness, we are here to give you this kinda informations, so you can compare your analysis and ours.
So on, we saw from previous day also JPY strenght by this pair, but not much from the other pairs. From other pairs, jpy started push from London session, but declined after Powell finished his speach. This example was at usdjpy which is not currently good for trading, but waiting for following data.
So on, we can define trending at cadjpy not marked yet as trend continuation because demand from CAD at 75.300 support level was very strong. From this perspective it's just better to take 100% profit away.
Wish you good trading,
Elitefxacademy
EURUSD BUY & SELL STRATEGY V2 NOW LIVEUpdated version to our initial Blue FX Trend Strategy
What has changed?
This version is specifically coded for trading off the H1 timeframe, with the H4 confluence automatically built in.
This means that we increase our probability and confluence by ensuring that price has closed above or below on the last H4 candle.
The main update here though it the addition of labels for a SL placement and multiple TP's based on the Average True Range for the pair (14).
What does it do?
Our strategy will help you identify the current trend in the markets and highlight when this is changing. The strategy itself is based upon 4 indicators lining up in total confluence to increase the probability of the trade being a success, this is specifically an EMA , MACD settings, Supertrend criteria and also Momentum.
Absolutely no technical analysis is needed to trade this successfully - this can be used on all time frames and all pairs - obviously with varying profitability as all pairs work differently - this can be reviewed quickly in 'Strategy Tester' to hone in on your own desired settings.
When all criteria is in alignment the strategy will convert all candles to the relevant colour - Green for an uptrend and Red for a downtrend; a candle that is printed normally simply shows that no current trend is in place to warrant a colour change. A normal coloured candle could possibly indicate a change in current market direction or the market consolidating before a further move in the initial direction. When a new signal is valid 'Blue FX Buy'' or 'Blue FX Sell' will be displayed and the small arrow shown on candle open for entry.
The ATR settings are also customisable depending upon your own trading parameters. It is worth while doing some research into using ATR for choosing your SL and TPs - also we encourage you to use a trailing SL function to lock in and secure more profits as shown with the EURAUD example above.
Will price continue falling?Price prediction is expected to retrace after this fall.
Price reached very strong support from monthly perious. Our expectation is that price has to retrace if can break S1 to next resistance. If price get declined then breaking from lower support level is actually new short entry to lower supports.
NZDJPY – we are waiting on decisionWelcome to our Elite System. We’re here to help you achieve what you have been looking for.
Use our free analysis where you have everything you need for potencial trade ideas and profit.
NZDJPY – we are waiting on decision
Trend : Neutral
Support/Resistance:
R3: 71.815
R2: 71.300
R1: 70.800
S1: 70.523
S2: 70.013
S3: 69.253
Price action:
In this case NZDJPY currency pair closed in buyers spot level which is currently neutral from both sides perspective, till we don't get more information on this flow. Trade would be good to sell after breaking second support level to continue to 69.253 support level. On the correct side, if buyers will have enough power, then they are able to test critical resistance level.
Potencial trade idea:
Bulls targets:
T1: 71.300
T2: 71.815 (critical resistance level)
Bears targets:
T1: 70.013
T2: 69.253
NOTE – We are trading NZDJPY via the preferred trading setups
Disclaimer: Martin’s views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don’t publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
Elite system , Elite strategy, Custom Indicator, Fundamental Analysis , Tehnical analysis, Price action, Advanced strategies, Trading Education
Good trading!
Elitefxacademy
GBPAUD – Buyers are getting confidance on bullish gbpWelcome to our Elite System. We’re here to help you achieve what you have been looking for.
Use our free analysis where you have everything you need for potencial trade ideas and profit.
GBPAUD – Buyers are getting confidance on bullish gbp
Trend: Sell/ Neutral
Support/Resistance:
R3: 1.98000
R2: 1.97580
R1: 1.95173
S1: 1.90928
S2: 1.90928
Price action:
In this case GBPAUD currency pair might tried break over first resistance level at 1.95173. After that we can see this as potencial buy to critical spot around 1.98000 level. If buy will not get proved, then we can see a delay on price level to first support at 1.90928. If this will happen, then our Elite indicator will tell us how to orient on this trad, because it will be tradeable on lower timeframe too.
Potencial trade idea:
Bull targets:
T1: 1.95173
T2: 1.98000
NOTE – We are trading GBPAUD via the preferred trading setups
Disclaimer: Martin’s views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don’t publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
Elite system , Elite strategy, Custom Indicator, Fundamental Analysis , Tehnical analysis, Price action, Advanced strategies, Trading Education, customtradingsystem
Good trading!
Elitefxacademy
GBPNZD – Buyers might continue way higherWelcome to our Elite System. We’re here to help you achieve what you have been looking for.
Use our free analysis where you have everything you need for potencial trade ideas and profit.
GBPNZD – Buyers might continue way higher
Trend: Strong Buy
Support/Resistance:
R4: 2.08077
R3: 2.05600
R2: 2.04171
R1: 2.02991
S1: 2.02059
S2: 2.00027
Price action:
In this case GBPNZD currency pair is headed to hit recent weekly Higher High at 2.04171 resistance level. We are still in a very good bullish position, but first buyers has to prove enough momentum on retracement from 2.04171 previous daily high level. After we'll follow targets.
Potencial trade idea:
Bulls targets:
T1: 2.04171
T2: 2.05600
T3: 2.08077
NOTE – We are trading GBPNZD via the preferred trading setups
Disclaimer: Martin’s views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don’t publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
Elite system , Elite strategy, Custom Indicator, Fundamental Analysis , Tehnical analysis, Price action, Advanced strategies, Trading Education
Good trading!
Elitefxacademy