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EURUSD-2

Old Friends Meet AgainHere we have 3 different timeframes open ( 1D, 1W and 1M ) On the same pairing EUR USD, each chart has the same trend line ( TL ) and same support level marked on them, You can see how important it is to put these level on your chart and keep them there because if you look at the 1W chart you can see that price respected our support line in 2003 then fast-forward a few years price came back down and used this same level as really strong support in 2015, 2016 + 2017. Also you can see our blue TL on the 1W chart, Price respected this in 2008, 2009, 2011, 2013, 2014 and 2018.... Come on tell me I'm talking s#it. So go away and locate these important levels and TLs and I promise you will make money.
Education
by Apex_Gregg
EDUCATIONAL STRATEGY 21>50>250 BUY, 21<50<250 SELLHELLO, HERE IS A BEAUTIFUL MA STRATEGY, HOW TO SET IT UP? 1. LOAD MA 21, Linear Weighted, HL/2 (Colour WHITE) 2. LOAD MA 50, Linear Weighted, HL/2 (Colour RED) 3. LOAD MA 250, Linear Weighted, HL/2 (Colour YELLOW) SIGNALS. 1. MA 21>MA50>250 WE BUY, WE CLOSE WHEN MA 21MA50 Extra, 1. MA 50> MA 250 CONFIRMED UP TREND. GOLDEN CROSS. ONLY TAKE BUY SIGNALS 2. MA 50< MA 250 CONFIRMED DOWN TREND. DEAD CROSS. ONLY TAKE SELL SIGNALS EARLY SIGNAL. 1. SELL EARLY: MA21 < MA50 ( BUT WE ARE IN UP TREND WHERE MA 50 > MA250) 2. BUY EARLY: MA21 >MA50 ( BUT WE ARE IN DOWN TREND WHERE MA 50 < MA250) WHAT TIME FRAME SHOULD I USE? H1, H4, M15,M5. What DO I DO WHEN 21MA=50MA=200Ma? DON't ENTER, WHAIT CONFIRMED TREND AND CROSS THEN ENTER. WHAT PAIR SHOULD I USE THIS? ALL CURRENCY AND STOCK. CAN I ADD ANOTHER INDICATOR? YES, ADD PARABOLIC SAR TO GIVE YOU BUY OR SELL SIGNAL WITH THIS STRATEGY. IS THE STRATEGY BEST FOR TREND OR RANGE? BEST FOR TREND, USE M5 TIME FRAME FOR RANGE. THANK YOU ALL, PLEASE LIKE IF YOU BENEFIT SO WE ADD MORE EDUCATIONAL TIPS. ACCOUNT MANAGEMENT SERVICE 0096594072143 WHATS UP.
TVC:USOILEducation
by SignalsView
How to turn 100 dollars into 1 million in 926 trading days ?Hi guys, I wanted to share with you a strategy that I am using currently on one of my accounts. The goal is to make this account growing with a target goal of 1 million USD without making any withdrawal. I would call it "The turtle millionaire strategy" . Some of you probably use it or know it but some of you never imagine this possible. YES if you are patient and disciplined you can turn 100 dollars into 1 million dollars. How? By giving you the chance to grow your account slowly but surely. Imagine that your daily average goal is 1% ? It is clearly something highly reasonable and possible with a $100 account because we actually use a minimum leverage of 0.01 lot which is actually 1K in reality. An exponential strategy: Day 1: $100.00 (1%) = $101.00 Day 2: $101.00 (1%) = $102.01 Day 3: $102.01 (1%) = $103.03 Day 4: $103.03 (1%) = $104.06 .... Day 50: $162.83 (1%) = $164.46 .... Day 100: $267.80 (1%) = $270.48 ..... Day 200: $724.36 (1%) = $731.60 ..... Day 300: $1,959.25 (1%) = $1,978.85 ..... Day 400: $5,299.42 (1%) = $5,352.41 ..... Day 500: $14,333.94 (1%) = $14,477,28 ..... Day 600: $38,770.63 (1%) = $39,158.34 ..... Day 700: $104,867.35 (1%) = $105,916.02 ..... Day 800: $283,646.65 (1%) = $286,483.11 ..... Day 926: $993,735.37 (1%) = $1,003,672.73 (MILLION DOLLAR BABY) Being patient is the most difficult to follow this strategy and I give you below some steps to follow in order to reach that goal: Step 1: Create a dedicated account for this strategy. It should be different from your main account. You must only use this strategy for this account. Step 2: Deposit $100 on this account Step 3: Your daily goal should be 1% of your growing capital. Of course you can do it using a scalping strategy but you can do it also with a few swing trades. At the end when you make your average performance it should be at least 1% daily. Step 3 bis: Personally I use a swing strategy and identify only 2 to 3 swing opportunity per month. Those swing trades will give you high winning rates with minimum risks. For each trade I can expect hundreds of pips. Don't need to make scalping this way. Step 4: At the end of the week or the month make a summary of your account performance including floating profit or loss. Note: If you make withdrawals of your profit it will take more much time to reach the 1 million goal that's why I recommend to use a specific account. Happy trading !
Education
by Traderscope
63
Create your own trading system: entry point # 8We continue to explore different points of entry into the market. Today I want to show you a complex entry point that arises from the analysis of stochastic cycles. As you know, the Stochastic indicator shows overbought and oversold zones. But, personally to me, he helps to find important levels of support and resistance. The essence of the theory of stochastic cycles The movement of the Stochastic indicator between zones 80 and 20 displays the beginning and end of the wave (impulse, or mini-trend). But, my observation showed that it is necessary to take into account not all the intersections of zones 20 and 80 with the Stochastic indicator. The secret of the practice of using stochastic cycles And the secret is simple: you need to take into account only those highs or lows of the price at which the stochastic indicator began its journey from zone 80 to zone 20 (down), or from zone 20 to 80 (up). That is, we do not know when the growing price movement will end until the stochastic, starting from 20, comes to 80, and decreases back to 20 (the bullish stochastic triangle). Also with a falling motion, it will end when the stochastic crossed the zone 80, dropped to 20, and returned back to 80 (bearish stochastic triangle). Support and resistance levels As you can see on the EURUSD chart there are a lot of highs and lows in prices. There are many different methods of applying support and resistance levels. Personally, I like my method - drawing support and resistance levels according to the highs and lows of the stochastic cycle. The reversal line is the level of the stochastic maximum or minimum, which, as a rule, occurs at the base of the previous pulse. The logic is simple: if the price was able to absorb the previous movement, then a turn in the opposite direction is likely. How to trade There are several regularities for entering a trade in stochastic cycles. 1. Bullish and bearish triangle We waited for the stochastics from 20 to rise to 80, and to fall to 20, entry into the purchase. We waited until the stochastic dropped from 80 to 20, and rose to 80, the entrance to sales. 2. Retest level We buy if the price has returned to the previous top of the stochastic cycle. We sell if the price has returned to the previous low of the stochastic cycle. 3. Entrance to the rebound from the pivot line We buy when the price bounces from the reversal line. We sell when the price bounces from the reversal line. Indicators: Stochastic, 15.3.3. Timeframe: H1 Currency: EURUSD Personally, I only trade the retest level - this is a more likely signal. Rules for entry into position: We buy if: The Stochastic has formed a bullish triangle; We are waiting for the price to fall to the previous top of the stochastic cycle, we enter the buy. We Sell if: Stochastic shaped bearish triangle; We are waiting for the price to rise to the previous low of the stochastic cycle, we enter the sell. Exit position: You can use a fixed profit, or trailing stop.
Education
by RuslanKuchma
1
(Review) Definition trend and change of trend ( Trend reversal)(Review) Definition trend and change of trend ( Trend reversal) EX: Discussion: Downtrend - Definition A downtrend comprises a repeating sequence of: 1) A downward extension 2) A swing low 3) An upward pullback 4) A swing high A downtrend ends when price breaks the swing high which leads to the lowest swing low of the trend Uptrend - Definition An uptrend comprises a repeating sequence of: 1) An upward extension 2) A swing high 3) A downward pullback 4) A swing low An uptrend ends when price breaks the swing low which leads to the highest swing high of the trend EX: Prior analysis ( Downtrend) - Countertrend - Reversal trend: - Downtrend forming=> Sell - Continuous downtrend Please support the setup with your likes, comments and by following on TradingView. Thanks
Education
by DatTong
Create your own trading system: entry point # 6We continue to study simple market entry points with you. It is very difficult to find the direction of price movement in the Forex market. That is why the indicators of the triangulation of the moving average look very good in practice. The difference between triangulation MA (TEMA) and simple MA is obvious. Indicators: TEMA, 100. Williams% R, 5, hlc3. Timeframe: D1 Currency: EURUSD The essence of the idea: the search for points when the price returns to the indicator TEMA. The TEMA indicator shows us the priority direction of opening deals. He very well shows the turning points, and the edges of the flat. And we will look for the entrances to the market using the Williams% R indicator. Rules for entry into position: We buy if: The price approached the TEMA indicator from above; We are waiting for the Williams% R indicator to cross the -80 values from bottom to top, and buy. We sell if: The price approached the TEMA indicator from below; We are waiting for the Williams% R indicator to cross the top-down values of 20, and sell. Exit position: The exit from the transaction can be the opposite signal of the intersection of their zones indicator Williams% R. You can use a fixed profit, or trailing stop.
Education
by RuslanKuchma
2
Create your own trading system: entry point # 5We continue to study with you the simple market entry points. Today I would like to show you a very easy pattern for making money on the movement of the exchange rate - entry after a price rollback. Indicators: MACD 4C with a period of 8, 100. Timeframe: M15 Currency: EURUSD The essence of the idea: the search for entry points after the impulse, at the end of the price rollback. This idea is very simple to understand: you need to wait for a strong impulse up or down, then wait until the end of the price rollback, and enter in the direction of the previous impulse. Rules for entry into position: We buy if: MACD 4C was green for more than 9 bars (impulse up); MACD 4C draws red histograms of more than 6 bars (case 1); After that we draw a resistance line at closing prices (see line chart). We enter into purchases on the breakdown of the resistance line (Case 2). We sell if: MACD 4C was red for more than 9 bars (impulse down); MACD 4C draws green histograms greater than 6 bars (case 1); After this, we draw a support line at closing prices (see line chart); We enter sales on the breakdown of the support line (Case 2). Exit position: The exit from the transaction can be at a fixed profit, or use a trailing stop.
Education
by RuslanKuchma
Create your own trading system: entry point #4We continue to look for your entry points into the market. I bring to your attention an effective pattern of work in the flat. Traders who work in both directions name a swing - traders. Indicators: CCI with a period of 100, hlc3, levels 100 and -100. Timeframe: H4 Currency: EURUSD The essence of the idea: the search for entry points in the flat, after the breakdown of the trend line. Once again I remind you: you need to look for deals only after the breakdown of the trend line, otherwise there will be too many unnecessary signals to enter. If the trend line is broken, the trend line may expand, so a flat is likely. Rules for entry into position: We buy if: The price is near the support level; The CCI indicator shows two touches of the -100 zone (case 1); We enter the purchase at the intersection of the indicator CCI zone -100 bottom-up. We sell if: The price is near the resistance level; The CCI indicator shows two touches of zone 100 (case 1); We enter sales at the intersection of the CCI indicator of the zone 100 from top to bottom. Exit position: The exit from the transaction can be based on a fixed profit, or on the reverse intersection of the zones with the CCI indicator.
Education
by RuslanKuchma
1
Create your own trading systemA trading system is a set of trading strategies for different phases of the market, or one strategy with a complex way to support transactions. Trading strategy is a trader action plan. The structure of the trading system: 1. The choice of a currency pair for work, or several currency pairs. 2. The choice of timeframe for trading, or several. 3. Trading time. 4. Actions to prepare for trade: carrying out technical analysis, viewing the economic calendar and studying important news, viewing the opinions of expert analysts, compiling a trader's journal. 5. Rules for opening positions: the presence of the main signal at the entrance, the search for confirmation signals, an additional signal (if necessary). 6. Rules for the management of capital and risk. 7. Rules of exit from the position: one or more signals to exit. 8. Analysis of transactions: search for errors, deviations from the selected plan, entry in the trader’s journal. To become a system trader you need to solve a few questions for yourself: 1. What will I earn money on? What financial instrument do I understand: EURUSD or GBPUSD? Will I trade in gold or oil? Will I choose one or more currency pairs? 2. What timeframe will I look at for analysis? If I am a scalper, then M1, M5, M15. If I am a position trader, then D1 and H1. If I am a long-term trader, then - 1M, 1W, D1. 3. What time is convenient for me to work in the foreign exchange market? Will I be sitting in both sessions: American and European, or is it better to trade in the Asian session? 4. What will I look at before trading? What do I need to prepare for trading? Will I watch the news, read the opinions of other traders, view the economic calendar? Will I make a daily trading plan with a forecast of the course of the selected currency pairs? Will I write everything in the trader's journal? 5. What is the main idea (pattern) I trade? Do I have a main input signal? How many signals do I need to enter the market? 6. How much volume do I enter the market? What leverage can I afford? Will I place a stop-loss order? What will I do if my daily trading plan is wrong? 7. What is my signal to exit a position? Will I use partial order closure? Will I trawl my position? 8. Am I a disciplined trader? Do I analyze my mistakes? Do I keep a trader's journal? To answer all these questions and create your own trading system, you need to try different options, and finally decide what is right for you personally. In my next training posts I will try to give you the answers to the questions above so that you can find yourself in the Forex market. Create your own successful trading system!
Education
by RuslanKuchma
2
HULL Moving Average StrategyThis is my strategy based off the Hull Moving Average, created by Alan Hull. www.fidelity.com The HMA is extremely fast and accurate in determining price reversals - I exploit this quality and add the ability to select a granular TimeFrame to use for the HMA calculations (ranging from 1m to 1D). The HMA can be painted on any TimeFrame. When the HMA indicates a price reversal, the strategy waits for the current candle to close before entering a trade. Target profits and losses can easily be set, as well as: Leverage, % to risk per trade, trailing stop entry point, trailing stop offset, Spread, Commission, and more! The indicator works on any currency pair (excluding metals) and as low as the 5m timeframe.
Education
by DasanC
Elliot Wave Alternation Elliot Wave Alternation The guideline of alternation states that if wave two of an impulse is a sharp retracement, expect wave four to be a sideways correction, and vice versa. Figure 22 shows the most characteristic breakdowns of impulse waves, both up and down. Sharp corrections never include a new price extreme, i.e., one that lies beyond the orthodox end of the preceding impulse wave. They are almost always zigzag (single, double or triple); occasionally they are double threes that begin with a zigzag. Sideways corrections include flats, triangles, and double and triple corrections. They usually include a new price extreme, i.e., one that lies beyond the orthodox end of the preceding impulse wave.
Education
by ImSng
EURUSD - SUPPLY & DEMAND ZONE ANALYSISHi traders. Whenever you are looking at a technical level, always ask yourself the following: - Am I buying at a potential bargain/wholesale/discount price? (supply or demand zones) - Why is there more likely to be more supply/demand orders at that area? (new traders entering/traders taking profit) - What are the underlying fundamental/sentiment drivers that should push price in my favour? (interest rates, business cycle, risk on/risk off) If all 3 are in your favour, take the trade, manage your risk and go for more than you've risked. Always remember this trade is only 1 trade in the next thousand you're going to take. Process over outcome!
Education
by leonrowe