Tuesday, 23 April 2019

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.

Friday, 4 January 2019

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

                                                                                                                                                                                                                                                                                                           

Wednesday, 5 September 2018

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

Monday, 3 September 2018

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

Sunday, 2 September 2018

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

Sunday, 26 August 2018

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.





Thursday, 23 August 2018

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                                               
                                                                                                                                                                                                                                                     
   
                                                

Thursday, 16 August 2018

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.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 

Friday, 3 August 2018

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


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.

Thursday, 26 July 2018

Trading systems


•Indidual traders develop their trading system to suit their trades.whatever trading system is deployed,discipline with such system will guarrantee success on the long run.Several trading system can be found in www.forexfactory.com

Money management


•Money management is critical in Fx trading.Fx trading is very risky and therefore money management is imperative.without proper money management, you stand the risk of losing all your monies to forex market. It is recommended that you should place trade with 10% of margin per time.Before entering a trade,you decide how much you want to gain or lose

Thursday, 7 June 2018

Market order continue


§Buy limit:This the pending order you place at particular price level below the current price,anticipating that price will fall  to such level when the market is in buy mode.
§Sell limit:This the pending order you place at given price level above the current price, anticipating that price will rise to that level when the market is in a sell mode
§Stop order:This the order you place at given price level either buy or sell market such that if the market is going against you,the order is triggered to stop further loses.

Friday, 11 May 2018

Market orders


•Market exution:This  is excuting the market either buy or sell at the current market price.
•Pending order: It is order you place outside the current price anticipating that price will get to certain level either buy or sell.
i.Buy stop:This is the pending order you place at a given price level above the current market price when the market is in a buy mode
ii.Sell stop:This the pending order you placed at a certain market level below the current price when the market is in a sell mode