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.

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

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;

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.

 

MOVING AVERAGE CLOUD STRATEGY

The setup for the strategy is as follows 

1) Tma incator with 40 setting halflenght

2)Ma cloud

3) ZZwinner indicator

Buy setup

When part of ma cloud as shown bekow crossess the central Tma line down side and the candle stick is below the lower tma band,wait for a candle stick that will close with zzwinner indicator clour turned lime, then place a buy trade.put your stoploss at the lowest swing before the buy trade.

EXIT

Exit the buy trade when the ma cloud crossess the central tma line upside

SELL SETUP

Sell trade is the opposite buy Trade.Sell exit is the opposite of the buy exit.

if you want to get the above indicator email me at glovin41@gmail.com .Below is the screernshot of the ma cloud trading strategy.

4 hour moving average Ribbon trading strategy

Trade setup
200 ema
Tma indicator
Moving average Ribbon (Ma)
when 200 ema is above the upper tma band,the Trend is upward.When the 200ema indicator is below the lower tma band,the trend is upward.When the 200ema is within the tma band,it is a flat trend.However,all the trend types can be traded by this system.Below is the picture of the system setup
BUY RULES
When moving average Ribbon crosess below the central tma line.wait for a blue candle to be formed.At the close that candle,place a buy order.

EXIT RULES
Employ 1:3 Risk reward Ratio or allow the tade to run till ma Ribbon crosses above the central tma line

SELL  RULES

Sell rules is opposite buy

EXIT SELL RULES

Exit sell rules is opposite of buy rules

                                                                                                                                                                                                                                                                                                           

EURGPB RUNNING BUY TRADE

The EURGPB buy trade earlier disscussed,the trade is running in profit. It has hit the first target with
49 pips, Exit the trade finally when the 10 ema channel crosses above the Tma  central line

EURGPB TRIGGERED BUY TRADE

As discussed yesterday about the impending eurgpb  buy trade,.from the image above,the buy trade was trigered at 8.am this morning,So the stoploss is expected to be placed at the lowest swing.Take profit at target 1 or allow the profit to run untill the 10ema channel crosses the tma cental line uppside

EURGPB BUY SIGNAL

Eurgpb signal is emerging. as has been discussed before note the following conditions for buy trade

1) 200ema is below the Tma lower band

2) 10 ema channel has crossed below the central Tma line.

3) The price action is below the lower Tma band.

The conditions for buy is met, place a buy order when the first bullish candle closes above the 10ema channel.and the macd histogram is above the zero line

Place your stoploss at the highest swing below the lower Tma band.

Target:     Take profit at your discreption

1) when price action hits the upper tma band

2) Allow the trade to run untill the  10ema channel crosses above the central Tma line

Euraud impending sell signal

From the setup above, note the following

1) 200ema is inside the channell which means that the market is range bound and can be traded

2) 10 ema channel has crossed above the central,tma line

3) 5ema has crossed the upper tma band.

4) The setup is qualified for sell

Entry Trigger: place a sell order,when the first bearish candle closes below the 10ema channel and the macd  hitogram is below zero line

place your stoploss at the highest swing above the upper tma.

Ext rules

1) Employ risk reward ratio of 1:3 or

)Take profit at the lower band of tma or

3) Allow the trade to run till  10ema channel cross below the central tma line

Money management is going to be at your dicreption.

Eur/Jpy sell Signal

Looking at the image above, there is  impending sell on Eur/jpy.The condition for sell has been met.

1)  200 ema is above the  upper tma band                                                                               

          2)5 ema has crossed above the upper tma  band                                                                                

          3)      moving average chanell has crossed  above the  4) Wait for the first candle stick to close below the moving average  channel    

                              

       5)      allow the macd histogram to clelow  zero line,place a sell order                                               

                                                                                                                                                                                                                                                     

   

                                                

Buy and sell Rules

From the above setup,we see the following                                                                                                                                                                                                                                                                                                                                                                                                                                      1)  5ema has crossed below,the central Tma line                                                                                                                                                                                                                                                          2) 14 ema channel  has closed below the central Tma line                                                                                                                                                                                                                                            3) 200ema is below the lower tma band,                                                                                                                                                                                                                                                                         4) The stochastic osilliator with 5 3 3 setting is above 50 line.                                                                                                                                                                                                                                                The   buy  condition is fulfilled,then placed a buy order at the close of the first candle stick above 14ema  channel.  place your stopless at the lowest swing. Take profit when 14 ema channel crosses above the central ema line or you use  own discretion.  The sell condition is the opposite of buy.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 

My 4hour Trading system

This system is a manual trading one  it is more than 90% profitable

Requirement for the System

Time frame    4hr
 Indicators
200ema         Blue
14 smooth ma   high   pink
14 smooth ma    low    pink
5 ema
Tma exe       Red

1. 

Above is the setup for the system
when  200 ema is outside the lower tma band,the trend is upward.when 200ema is outside up tma band,it is a down trend. when 200ema is inside the tma band, it is a flat trend.All the trends can be traded by the syeem.