Thursday, 15 April 2021

EURUSD DAILY TIME AND 4 HOUR TIMEFRAME SELL TRADE SET UP

 There is pending EURUSD  sell trade. Let look at  it from daily time  frame.


From the above screenshot, pric is below ichimoku cloud  and is at support level at 1,1993 .This level is likely to be rejected because stochastic indicator is in overbought  region as shown in above. Then  switch to 4 hour time frame for entry.


The screenshot above is 4 hour time frame entry setup.. Ma cloud is above the central tma  line

The supertrend profit indicator and part of ma cloud are above the upper band of tma indicator.

sell this trade when the supertrend profit indicator prints a sell label. Put your  stoploss  at the most recent swing high. Exit the trade on your own discretion or apply   1:3 risk reward ratio

Tuesday, 13 April 2021

4 hour forex signal: GPBCHF DAILY TIME AND 4 HOUR TIMEFRAME BUY TRADE S...

4 hour forex signal: GPBCHF DAILY TIME AND 4 HOUR TIMEFRAME BUY TRADE S...:  There is a pending buy signal for gpbchf .First all i want to look at it from daily timeframe The stochastic is in oversold region as shown...

GPBCHF DAILY TIME AND 4 HOUR TIMEFRAME BUY TRADE SET UP

 There is a pending buy signal for gpbchf .First all i want to look at it from daily timeframe


The stochastic is in oversold region as shown by the arrow. The  price is above ichimoku cloud which means that the market is uptrend.Then, switch to 4 hour timeframe to take the buy trade


From the screeenshot above, we can see that ma cloud is below the central tma line and the green line of adx indicator has crossed the red indicating that the  buyers are dominating the market .Then wait for  the supertrend profit indicator to place a buy label .Buy at that level and put your stoploss at the most recent swing low   Use 1:3 risk reward ratio for your profit target.

Monday, 12 April 2021

HIGH PROBABILITY TRADE USING DAILY TIMEFRAME ANALYSIS AND 4 HOUR TIMEFRAME ENTRY

 I  want to discuss  high probability trading using daily time frame analysis and 4 hour timeframe entry. Trading from daily time frame can guarantee  a huge success in forex trading  I deploy three powerful indicators for this analysis namely donchan  channel  stochastic slow and ichimoku cloud. .Search for a currency on daily time frame in which  the stochastic is in overbought condition at  a resistance  provided by donchan channel or which the stochastic  is oversold condition at support provided by donchan channel. when either the resistance or support lines holds, look for entry in 4hr time frame. 

As you can see from the above screenshot, price is below the ichimoku cloud and at a resistant line represented by the horizontal line. The stochastic slow is in overbought region. The market is ready for a sell trade. Then switch  on to 4 hour time frame to see whether the condition for sell is met .See the screenshot  below

As you can see  the supertrend profit indicator and part  of  ma cloud have crossed above the upper part of  tma band  .Also the ma  cloud has crossed the central  tma  line. ADX indicator is saying that the buyers are dominating the market. To  sell, wait for supertrend  profit  indicator to print a sell label and the red line of adx indicator to cross above the green line suggesting that the sellers are in control of the market  Then place a sell trade. put your stoploss at the most recent swing high. Take profit at your discretion.

Saturday, 10 April 2021

MA CLOUD STRATEGY SELL RULES.

 I  have discussed  about by rules in my previous post, Sell rule is opposite of buy rule When the ma cloud is above the central Tma line, it is an uptrend  market. To sell, 

allow the ma channel to cross above central Tma line into the sell zones, then,supertrend profit indicator to cross upper tma band.When those conditions are met, wait for the superprofit indicator to print a sell label. The ADX indicator must show that sellers are dominating the market. Place a sell trade .put your stoploss at the most recent swing high. Take profit should be at your discretion or apply a   risk reward ratio of 1:3

below is a screenshot of the setuo

Friday, 9 April 2021

MA CIOUD STRATEGY BUY RULES

 BUY RULES 

As shown below when ma cloud is below the central tma line.it is an uptrend

To buy wait for ma channel to cross below the central tma line and superprofit indicator to cross below the lower tma band. when superprofit indicator print a buy label,place a buy trade.Put your stoploss at most recent swing low .Put your target at 1:3 risk reward ratio;




Thursday, 8 April 2021

MOVING AVERAGE CLOUD TRADING STRATEGY

 Today , i will be considering the component of the system,

a) Tma indicator

b) Ma channel

c) Supertrend profit indicator

d) Ma cloud

f) ADX indicator.