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Tradingstrategy

🇪🇺🇨🇦 EURCAD two out of three 100 pips secured. Hello traders Before I log of for the day I just thought this would be a good opportunity to show how I've traded this pair over last 5 days. Crucial bit here however is I haven't carried out a single minute analysing the chart for this pair in any form over those 5 days!! Our strategy has simply allowed me this luxury of not having to analyse and judge where to enter and where to exit said trade. Our strategy does that for you and even prints all the required trade information next to the trade alert. I've had no emotions affecting my mind in any of this. I am simply following the trades as they present on the chart! That's how easy this is. The above isn't strictly true it's been even easier! As our strategy can be automated. Checking my open and closed trades is when I spotted EURCAD trades had closed in good profit. This the first bit of chart time spent this week on the pair in question and that's me writing this idea. What strategy am I using here? Our strategy is a trend follow strategy. The strategy is 5 individual strategies combined into one. The trade is only valid when all 5 confluences line up. At this point a trade is presented on the charts with all the necessary information printed at the side of the alert. You then take this trade manually or you can automate the strategy and let it all be done automatically. Also with having an ATR based Stop Loss & Take Profit, you'll know where and how your closing your trade every time - without having to think about it. The strategy works on any time frame and instrument and can be set to how you wish to trade. How can we be so sure on the manner we are trading works? Quiet simply by the strategy having a built in back tester. The Strategy can be set to your desired way of trading. Then immediate back test data will show if that method is profitable or not. Back test data is all we have to go on as traders and this level of data is crucial in building a trading plan. The back test results gives our traders a proven trading edge and confidence to then execute the trades on the markets. I know this pair was profitable all last year and the data for the pair can be found at bottom of the page. However the data provided in this idea is slightly different to my previous ideas as I've shown the data for the year so far. Stats are based on trading £5000 capital risking 2% per trade. We have a 21% ROI in the first 7 weeks of 2021!! Trading should be about freedom and no emotional strain. It 100% shouldn't be about excess chart time analysing for the next day! I'm off to enjoy a nice cool bottle of beer now. If you fancy that instead of still being stuck to the chart drop me a message and lets see if we can help you. Thanks for looking at the idea. Rich
by RichScott
1
CADJPY short valid 🇨🇦🇯🇵💹☑️Morning traders After a long trade from Friday completed on this pair yesterday and now out strategy says it's time for a short trade. That's how simple this strategy is. We simple follow and trade what we see. Strategy is set here working the 30M time to a 1:2.5 risk reward ratio. How do I have complete confidence in the way I trade this pair? The strategy makes use of TradingView's strategy tester. That way we are able to set the strategy parameters and instantly back test the results giving insight in the viability to then trade in that manner. The back test results for this pair can be found at the bottom of the screen. The results are based on £1000 starting capital risking 2% per trade. Test results date back to Jan 2020 and you would of seen 158% ROI . Based on the statements above this level of data ensures we are entering the markets with a proven trading edge and strategy. What is the strategy in use? The strategy used is a trend follow strategy. The strategy is 5 individual strategies combined into one. The trade is only valid when all 5 confluences line up. At this point a trade is presented on the charts with all the necessary information printed at the side of the alert. Alerts can be set for these trades to aid trading manually or the strategy alerts can be automated and all your trading is done automatically! Also with having an ATR based Stop Loss & Take Profit, you'll know where and how your closing your trade every time - without having to think about it. The strategy works on any time frame and instrument and can be set to how you wish to trade. Does that sound easy? It really is that easy. We simply follow the trades and go about the rest of our day. No excess time spent at the charts manually analysing and managing trades. I don't recommend jumping on random TradingView ideas as this is no way to log your trading journey and no way of knowing if you trade with a proven edge. I think from all the above mentioned however I have shown this strategy can give any trader out there the needed proven edge to trade. So for any more information on the strategy in use please feel free to ask me any questions. Thanks for looking at my idea Rich
Short
by RichScott
USDCHF short valid. 🇺🇸🇨🇭↘️✅Morning traders After a winning long trade on Friday our strategy says a short trade is now valid on USDCHF. We are working the 30M time frame here with the strategy set to a 1:3.5 RR ratio. Now I don't recommend jumping on random TradingView ideas as that is no way of knowing if you are trading with a proven EDGE. How do we know we have a proven trading EDGE? I know in the manner I have set the strategy to trade this pair has a proven EDGE thanks to the built in back tester. The results for the pair in question can be found at the foot of this idea and are based on 2% risk per trade with a £1000 starting capital. The data is back tested from January 1st last year. No one can predict the future but this level of data adds confidence in entering the markets. What is the strategy based on ? The strategy is a trend follow strategy and we trade what we see. We have combined 5 individual strategies into one. The trade is only valid when all 5 confluences line up. At this point a trade is presented on the charts. Alerts can be set for these trades to aid trading manually or the strategy alerts can be automated and all your trading is done automatically! Also with having an ATR based Stop Loss & Take Profit, you'll know where and how your closing your trade every time - without having to think about it. All of the above is a perfect way to mechanically trade thus removing all subjectivity and doubt that can be associated with trading. This way of trading helps you detach yourself from the fear trading creates. Sticking to the plan with a known proven edge helps control any negative emotions. All we have to do is simply follow the trades as they present. For information on the methods and strategy in use feel free to drop me a message.
Short
by RichScott
GBPUSD sell is valid 💷💵↘️✅Morning traders After a 50 pip winning trade earlier on this week our script has just alerted us to this sell trade. We all know this pair is well over bought this week but when was the time to enter that sell? When our script tells us too! Trading our script is this simple. No excessive chart time analysing! Simply set the script to your style and trade when alerts present. This can even be automated leaving you to get on with the rest of your day. How can we trade with such confidence in what we do? By the scripts built in strategy tester. We can back test a strategy as we are setting the way we want the script to trade. The pair in question is a great example. I have the scrip set to just over a 1:2 risk reward, ROI is 309% from January 2020. All the data can be found at the foot of this idea, Data is based on £500 starting capital risking 2% per trade. Impressive stats and this gives our traders great confidence to go and enter the markets knowing they are trading with a proven edge. What is the strategy based on ? The strategy is a trend follow strategy and we trade what we see. We have combined 5 individual strategies into one. The trade is only valid when all 5 confluences line up. At this point a trade is presented on the charts. Alerts can be set for these trades and as already mentioned the strategy can be automated if you wish to do so. Also with having an ATR based Stop Loss & Take Profit, you'll know where and how your closing your trade every time - without having to think about it. All of the above is a perfect way to mechanically trade thus removing all subjectivity and doubt that can be associated with trading. This way of trading helps you detach yourself from the fear trading creates. Sticking to the plan with a known proven edge helps control any negative emotions. For information on the methods and strategy in use feel free to drop me a message.
Short
by RichScott
1
CountOnCrypto - Ethereum Forecast - 10/02/2021I posted an Ethereum chart on the 7th of February and I was able to accurately trade several long positions throughout the duration of the past few days using Fibonacci levels as an idea of support, resistance and entry/ exit. I believe that COINBASE:ETHUSD will retrace and find support on one of the lower red trendlines unless we continue and break upwards through the dotted Fibonacci retracement line drawn from the top at $1848. It's all well and good if we break to the upside and go straight to 2k but I have to consider all scenarios that are reasonable! On the previous idea, we retraced to the .786 Fibonacci level around $1717 yesterday before returning to the upside. I think it is unlikely the exact same scenario will play out and given the stochastics in the short term have started to cool off I believe that the same should follow for the other indicators on higher timeframes before we reach our desired $2000+ Ethereum. Retracements are healthy as I always say, they provide market liquidity which is essential for a healthy market! I think it is more than likely this time round we will break that .786 Fibonacci retracement level and if we find support on a Fibonacci level between now and my lower red trendlines it would give me more bullish sentiment. There is also a heavy downside risk if Bitcoin dumped then Ethereum would follow so we need to be extremely cautious about how we play this. As a trader, I will sit back and wait for the best opportunity to appear; going headfirst into a position now seems overly risky for the risk to reward ratio. Thanks for following me and interacting with my ideas, I hope the market is good for you, remember to use risk management when trading; always do your own research and never risk any of your hard-earned money on the market before educating yourself on the risk!
BYBIT:ETHUSD.P
by CountOnCrypto
6
How To Play The Markets To The DownsideI’m Markus Heitkoetter and I’ve been an active trader for over 20 years. I often see people who start trading and expect their accounts to explode, based on promises and hype they see in ads and e-mails. They start trading and realize it doesn’t work this way. The purpose of these articles is to show you the trading strategies and tools that I personally use to trade my own account so that you can grow your own account systematically. Real money…real trades. How can you make money in a market that is going down? Today I want to show you two strategies on how to do this. Shorting A Stock The first strategy is shorting a stock. So what does this mean and how does it work? Well, it means that you can sell a stock right now even if you don’t own it, and then buy it back later at a cheaper price. This is how it works. So first there is your broker, then there’s you who wants to participate and make money in a falling market. Let’s use Apple AAPL as an example. Let us pretend AAPL is currently trading at $119 & we believe that AAPL actually might go down again to $110. You can make money betting against AAPL in a falling market, and here’s how it works. Now, you want to sell AAPL but you don’t have the shares just yet. So what you would do is you borrow shares from your broker. So your broker is actually lending you 100 shares of Apple, or at least, we’ll use 100 shares for this example. Now, the price at this point doesn’t matter. He’s just giving you the shares and says, “OK, you need to give me back these shares later on.” And he is actually reserving some money from your trading account to make sure that you really give it back to him. Now, you have 100 shares, and you can do with these 100 shares pretty much whatever you want. So in this example, you would sell them. So you sell AAPL , 100 shares of them, at the current price of $119 because you believe that AAPL will go down. So how exactly do you make money? Let’s say after a few days, AAPL , in fact, does drop down to $110. Here’s what happens next. Now you are buying back AAPL at $110. So how much money do you make? If you sold AAPL for $119 and you’re now buying it back at $110, you’re making $9 per share, multiplied by 100 shares. This comes to $900 in profit. Now that you have the shares back, you, of course, have to give them back to the broker. Remember, the broker lent you the shares, so you have to give them back those 100 shares of AAPL , and when you do, the broker releases the money that they held, kind of in escrow, to make sure that you are getting the money back. Now, the beautiful thing is this is all going on in the background. This is what it would look like on a trading platform. So now, I want to trade AAPL , and I want to just sell 100 shares of AAPL . So all I do here is, it says already short minus 100 and I would sell them at the current price of $119.35. So I click review and send. And the broker is requesting almost $6,000 from me. And this $6,000 is basically the money that he’s holding in escrow to say, “All right, Markus, you have to give me back the shares.” And it is that easy. And now if I click on “Send Order,” I would sell the shares. So this is the first way because I told you that I’ll give you two strategies of how to benefit from a falling market. So this was strategy number one, shorting a stock. Buying A Put Option Now, let’s move on to strategy number two. You would buy a put option. “Put” means that you have the right to sell a stock at the strike price. So, again, we will be using the same example of AAPL that we used for the first strategy. So as I just said, we’re pretending AAPL right now is trading at around $119 and we believe that AAPL will go down to $110. This is how this would work. So this is where we are looking at an AAPL put, let’s say here, AAPL put of 119, and it is trading at around $1.80. So here is what exactly we would do. We would buy a put for $1.80. Now, this put gives us the right to sell AAPL for $119. Now, if AAPL really goes all the way down to $100, see same deal here, we actually would make $9 per stock. However, we have to deduct the premium that we paid for the option, which is $1.80. So this means here we are making $7.20 per share ($9 — $1.80). If we would trade one option, one option controls 100 shares, so this means that we are making $720 total. Which Strategy Should You Use? Now, the main difference between these two strategies is that, for strategy number two buying a put, you don’t need as much money. Remember when I went to my trading platform earlier and wanted to sell AAPL 100 shares, that my broker was reserving around $6,000 dollars in my account? Now keep this in mind. According to what my trading platform is telling me, if I want to buy this option, it would only cost me $180. So as you can see, huge difference. In the one case, the broker is reserving $6,000 with the possibility of making $900. For strategy two, buying a put, your broker is only requesting $180 and that is also the maximum amount that you can lose, and you can make possibly $720 here. Summary So this is how you can make money in a falling market. Now, very important, strategy number one, where you’re just shorting the stock and where the broker is lending you the stock, you cannot do that in a retirement account. But strategy number two, buying a put, you CAN do in a retirement account, and you can do this for any stock. Now, you might actually be bullish on AAPL , but if you look at some other stocks right now that we're in a downtrend, for example, ZM , if you say, “Oh my gosh, Zoom is crazy, during the pandemic here,” it went from, what? $50 to $500? You could think, “This is absolutely overvalued and I believe that Zoom will go down to $300” you can use one of these strategies. So you see that all these stocks that, during the pandemic benefited a lot, could actually move lower, this is how you can make money in a falling market. So now you know two strategies how to make money in a falling market, how to bet on a stock that is going down.
NASDAQ:AAPLEducation
by rockwelltrading
1
EURCAD sell in play ↘️✅Hello traders. Our strategy has started to present trades on our charts as the London session gets going. Here we are working the EURCAD pair on the 30M time frame with just below a 1:3 risk to reward ratio. I don't recommend jumping on random TradingView ideas as this is no way of knowing if you are trading with a prove n EDGE. Our strategy allows us as traders to know that we are trading with a proven EDGE due to the built in strategy tester. The way I have this pair set up I know over the last year this pair has returned 98% ROI risking 1% a trade. The built in strategy shows me other stats like win rate and journals every trade taken which a must in trading. All of that data can be found at the foot of this idea. Our strategy is a trend based strategy which sits in your TradingView charts. We simply set the strategy to how we want to trade back test the method if profitable and then we simple follow the alerts when they present. The strategy works on all instruments and time frames. Entering the markets with a proven EDGE removes all anxiety and fears that trading can create. This simply a mechanical way of trading removing the need to be at the charts all day everyday. For more info on the strategy and methods we use feel free to drop me a message.
Short
by RichScott
EURGBP long now valid ↗️✅Afternoon Traders. Our strategy has alerted us to a long trade on EURGBP . Working the same strategy as this mornings posted idea which was a short that hit take profit target. We know have a long trade in progress on the same pair. We know this strategy is profitable on this pair and have the back tested data at the foot of the idea to prove it. I don't recommend jumping on random TradingView ideas as this is no way to trade with knowing if consistent results are being achieved. If you as trader are looking for a proven edge in the markets then drop me a message for information on the strategy and methods in use.
Long
by RichScott
EURUSD short valid ↘️✅ Hello traders. Our strategy presented this trade a couple of hours ago. A EURGBP trade I covered earlier on has already hit take profit now we are hoping this one can too. We are working the H1 time frame with the strategy set to a risk reward ratio of 1:4. The strategy itself is based on 4 individual strategies all lining up for extra confluence. The 'BUY' or 'SELL' is then indicated on your chart. We simply follow what the strategy presents. The strategy is a follow trend strategy and runs on your TradingView charts and can be used on forex pairs,indices, stocks and crypto. The strategy can also be adapted to run on the charts to suit how you trade. In this instance I am working to the take profit 3 target but I have also included a short position box to represent the values if working to TP1. Working this pair to TP1 target would give you a 51% ROI with a 50.82% win rate. Working this pair to TP3 target would give you a 94% ROI with a win rate of 35% The above stats are based on 1% risk per trade. Data is from January 1st 2020 to know. Pick the style which suits your trading emotions and styles best. How do I know that level data for the method in which I have applied to trade this pair? Well our strategy comes complete with a built in back tester. Settings can be changed in the strategy then instantly back tested to ensure previous performance is on point. Having this data at our finger tips ensures we are clear on our entry and exit points in the market, while sticking to a rigid risk management structure. This frees our minds from any worry and anxiety that trading can cause. We take confidence from knowing that we are trading the markets with a proven EDGE. The strategy tester also logs all the trades you have entered and as traders keeping a journal is crucial to monitor consistency. All the data for the pair in question can be found at the foot of this idea. For more information of the strategy in use feel free to drop me a message.
Short
by RichScott
EURGBP short position valid Morning Traders Overnight our strategy has presented a short position on EURGBP. Working the H1 chart here to a take profit target of 23 pips. We have the strategy set on this pair operating to just over a 1:1 RR ratio. The built strategy tester allows us to see results trading in this manner. Those results for the last three years of trading show 122% gains on £1000 starting capital. All the results can be found at the foot of this idea. Our strategy is a trend follow strategy and we simply execute trades as they appear on the charts. For information on the strategy in us please drop me a message.
Short
by RichScott
RSI Trendline StrategyHello, traders! Last time we considered the topic about the technical indicator's types combinations to increase your profit. I promised you to show in details some strategy which applies combination of the indicators. Let's consider the TREND + OSCILLATOR strategy which uses the EMA and RSI indicators. First of all we should define the direction of a market trend. The price is above 200 EMA means that the market is in global uptrend. So, we are going to search bullish signs for RSI indicator. Today we are going to use RSI in a non-standard way. We will search the RSI downtrend lines breakouts. You can see such line on the chart. When the RSI breaks through this line during the price is in the uptrend it is a buy signal. It is great to have another one confirmation. Here we can see that the price bounced off the 200 EMA and exactly after that there was a massive growth. Why does it work? During the uptrend we often have the consolidation or correction phases. If the RSI is in the downtrend it means that the asset's oversold zone is upcoming, but the market is in the uptrend and bulls dominate. Thus, the money reaccumulates here and when the bear's activity become weak the bulls push the price above rapidly. DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions.
Education
by Skyrexio
4