Get started

Tradingstrategyguides

EURAUD 1H BEST ICHIMOKU STRATEGYStep #1 Wait for the Price to Break and close above the Ichimoku Cloud Ichimoku cloud trading requires for the price to trade above the Cloud because that’s a bullish signal and potentially the beginning of a new up-trend. The cloud is built to highlight support and resistance levels and it’s supposed to highlight several layers deep because support and resistance are not a single line drawn in the sand, but several layers deep. So, when we break above or below the Ichimoku Cloud that signals a deep shift in the market sentiment. Step #2 Wait for the Crossover: The Conversion Line needs to break above the Base Line. The price breakout above the Cloud needs to be followed by the crossover of the Conversion Line above the Base Line. Once these two conditions are fulfilled only then we can look to enter a trade. As you can notice the Ichimoku Cloud indicator is a very complex technical indicator that can be used even as a moving average crossover strategy. Step #3 Buy after the crossover at the opening of the next candle Ideally, any long trades taken using the Ichimoku strategy are taken when the price is trading above the Cloud. Our team at TGS website has adopted a more conservative approach and added an extra factor of confluence before pulling the trigger on a trade. So, after the crossover we buy at the opening of the next candle. Step #4 You choose SL or place protective stop loss below the breakout candle The ideal location to hide our protective stop loss is below the low of the breakout candle. This trading technique accomplishes two major things. Here is an example of master candle setup. Firstly, it’s minimizing significantly the risk of losing big money and secondly, it helps us trade with the market order flow. Step #5 You choose your Take Profit or Take Profit when the Conversion Line crosses below the Base Line We only need one simple condition to be satisfied for our take profit strategy. When the conversion line crosses below the base line we want to take profits and exit our trade. Alternatively, you can wait until the price breaks below the Cloud but this means risking to lose some parts of your profits. In order to gain more sometimes you have to be willing to lose some. Note** the above was an example of a BUY trade using the advanced Ichimoku trading strategies. Use the same rules for a SELL trade – but in reverse.
Long
by Tradingstrategyguides
2
ETHUSD 30m SRIKE TRADER ELITE TRADING SYSTEMThe system takes into consideration many market variables which will weed out the majority of false signals. The system accommodates all types of traders and markets. Whether you are a short term (scalper) trader, a day trader, or a swing trader, the Strike Trader Elite Setups works well for all of you! Stocks, forex, cryptocurrency, commodities. Entry, take profit and stop loss will be shown where you can place your stop orders. PM me if you have any question or if you would like to see our back test results on 5m, 30m NS 4H charts.
BITFINEX:ETHUSDLong
by Tradingstrategyguides
2
BIG 3 CAUGHT BULLISH REVERSAL OF BTCUSDBTCUSD 6.20% price came to several support levels and reversed Big three is a simple combo reverse/continuation strategy Big 3 indicator colors candle background for confirmation of direction Rules are listed and steps are shown on charts 30m chart is more conservative confirmation and entries 15m chart is more aggressive and has many entry points PM me if you are interested in reading the complete strategy Please like us for support
BITFINEX:BTCUSDLong
by Tradingstrategyguides
Bitcoin Bottom of Channel? | See what may be NEXT!Is BTCUSD finally at the bottom of a channel? Is it time for a big boom to 20,000? Probably not.. But, based on recent history, it looks promising that we may see an upward move.. If you saw our last post that I linked, we mention how we are using our big three strategy to trade BTC. Same rules still apply as right now bears are temporarily in charge. If BTC dips around 5800-5900 range, this will be a great range to keep an eye on if you are a BTC buyer. I will keep this updated throughout the day, let me know if you have any questions or comments!
BITFINEX:BTCUSD
by Tradingstrategyguides
2
Bitcoin BEARS in Charge | What Is Next??We wanted to publish this trade idea today based on a strategy we named "Big Three" To make it easy for you to see how it works were going to lay out basic rules of the strategy... Here they are: First thing you are going to want to do is apply 20 - 40 - 80 sma to chart. Second, determine trend - price is below ma's - Bearish Step 1 wait for red candle close below ma's Step 2 watch for bullish pullback Step 3 enter on red candle close below ma's Step 4 SL above ma's Step 5 you determine based on price analysis TP So based on the rules, and based on our price action analysis of this right now, we see a good SELL zone around the area of 6262 We'll keep this updated if anything changes. let us know in the comments if you have any questions for feedback related to BTC right now. Thanks guys!
BITFINEX:BTCUSDShort
by Tradingstrategyguides
26
BTCUSD 2H BIG 3 CONTINUATION SHORT TRADEBig 3 Continuation Strategy found bearish trade 6 hours ago First thing for the Big Three Trading Strategy: Apply Indicators to Chart Apply all of the three moving averages to your chart - 20 - 40 - 80 sma You can make them green, blue, red, pink, etc… The color is just your personal preference. Again these are 20, 40, 80-period Simple moving averages. These are the best trend forex indicators and will help you determine trends and every time frame. After studying the charts and applying many different moving averages, we found these three to work extremely well together for this particular strategy. Which is why we called them the big three. Second thing for the best three trading indicators strategy: The Trend… Up or Down? Once your “Big Three” indicators are on your chart, go ahead and find a current up trend or down trend. To do that simply look at where the price action is and determine if its above the moving averages or below If the price is above the three moving averages you have an uptrend: below is a downtrend. Step 1 - Wait for entire candle to close outside of Moving averages. Wait for the price close below lowest moving average in a downtrend: Step 2 watch for bullish pull back in price action You wait for the price to pull back and then move in the direction of the trend to make your entry. Step 3 Enter on the red candle close below all ma's To determine this you can either go to a lower time frame or stay in the current time frame that the entire candle closed completely below or above the moving averages. The price action does not have to necessarily go back and touch the moving averages (which does occur) but you need to confirm there was pullback in the price and then a continuation of the current trend. Also, read bankers way of trading in the forex market. The reason that I prefer to wait for a break pullback and go is because statistically, the price will mostly always retrace during a bearing or bullish trend . For a more risky approach to this strategy, you could technically get in a trade right when the price breaks the highest or lowest moving average but this method may cause more harm than good. The reason is that not every time it breaks these lines it is headed for a strong up or down trend. Which is why you need to wait for a FULL candle to close above/below these lines and you wait for a pull back and go to enter the trade. Step 4 Place your stop loss above the top moving average line. Depending on what time frame you are in will vary on how large your stop is. Scalpers may have a tight 5-10 pip stop While day traders will have a 30-50 pip stop Step 5 you determine TP or Your take profit is when the price touches the 80-period line. You can tweak this rules as you wish, but we found the best way to push your winners with this strategy was to wait until the price touches the 80-period line.
BITFINEX:BTCUSDShort
by Tradingstrategyguides
4
BITCOIN TETHER BINANCE 1H BOTTOM ROTATION TRADEStep #1: Wait until Tether Cryptocurrency price moves in a horizontal consolidation After a strong bearish trend wait until the market starts to develop a horizontal consolidation where the price moves back and forth without any clear direction. We need to see a perfect horizontal consolidation as part of the bottom rotation setup. The consolidation is the first price structure that needs to be satisfied for being able to catch a falling knife. During these times of consolidation when the cryptocurrency price moves back and forth the institutional money accumulates their positions. However, before the trend reversal to happen, the smart money will deploy one more trick to fool the retail traders. See below: Step #2: Wait for a fast breakout (clear-out of stop losses) of the support level Right before the reversal to happen, you’ll often time notice a false breakout below the consolidation support level. There is no conspiracy that stop hunting do happen in all markets and this trade setup clearly emphasizes this aspect. Two things happen when we break away from this consolidation, and both things are adding confluence to the bullish case scenario: The stop losses of those who got long off of support will get triggered. New traders will short the market because of the downside breakout. Step #3: The breakout need to be faded at the same speed as the Tether Cryptocurrency Price dropped. The key characteristic of this reversal setup is that we need to see a quick rally after the initial support false breakout. The false breakout followed by the quick recovery should develop a “V” shape type bottom. Step #4: Buy at the first close above the broken support level. You can have a second entry once we break above the top of consolidation. You can buy once the cryptocurrency Tether price closes back above the broken support level. You can initiate a first small position and buy cryptocurrency Tether once we close back above the previous support level. It’s always nice to buy cryptocurrencies at the bottom and see it shoot up. It kind of depends on your trading style and risk tolerance how you manage your trades, but we always recommend on the first initial position to only allocate a low amount of your trading capital. You have to keep in mind that the reversal is completed only after we have a break in market structure and subsequently a breakout of the top of the range. Once we see a break to the upside of that sideways action, the reversal has been confirmed and you can consider this to be a swing trade. Generally, with this situation you can close the initial trade so we can have a risk-free trade. Step #5: Place Protective Stop Loss below the “V” bottom and the Second SL below the Consolidation Bottom The ideal place to hide your protective stop loss is few pips below the “V” shape bottom. For the second entry use a protective stop loss below the consolidation support level. Also, since the first trade is closed once the consolidation top is broken we basically ensure an almost risk-free trade on the second position. We’re going to use the profits made on the first trade to ride the trend reversal. Step #6: Take Profit equals two times the consolidation price range. We use a simple dynamic take profit strategy. We simply measure the consolidation price range, multiply it by two and project that number to the upside to determine out take profit. The easiest way to visualize your take profit level is to simply draw a box around your consolidation and copy paste that box two times to the upside. Note** the above was an example of a BUY trade using the Tether trading strategy. Use the same rules for a SELL trade – but in reverse If you want to read the complete strategy PM me.
Long
by Tradingstrategyguides
GBPAUD 1D DOUBLE DEATH STRATEGYStep #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 like it’s doing on the GBP/USD chart below, 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: Buy1 when we close below 50-day MA and 100-day MA. Buy2 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. 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. tep #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.
Short
by Tradingstrategyguides