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Saturday, May 19, 2018

Swing Pattern trading + High Frequency trading

STEPS

1. Pattern is a must = bat, gartley, butterfly, head and shoulders and ABCD pattern
2. Fibonacci retracement must reach .618 but not above 100%
3. Identify the support and resistance above .618 is preferable  this will give you guide on the potential dropzone.

Note :
Head and shoulder = if head measurment is 30 pips from the .618 Fibonacci retracemetnt then consider advance trading.
Harmonic Pattern = if point A mesurement is 30 pips away from .618 Fibonacci retraement then consider advance trading.

4. if more than 30pips then must wait Price rejection tip and Price rejection re- test tip. It is important that this rejection tip will follow the rule of .618 retracement.  if by chance it will form another higher rejection tip then the retest tip must also be change.

5 Once you get the the rejection tip and re-test rejection tip then its time to use Moving average 20 and Moving average 50. entry point must be the crossover on 15min chart.

Note:
It is a good sign if re test price rejection tip will come first before the cross over on 15min chart
MACD is used to confirm entry point. the volume must be down to high or High to down. never trade crossover if macd is not in the right place.

Watch the video below to better understand my point.



Monday, May 14, 2018

Find your Profitable trade Plan

discovering what particular trade that you are most consistent in profiting will take time. this is because it is a must that you must first know who you are as a trader. This is also one of the reason only 90% succeed being a trader. Know your self will help you identify specific time frame, specific tools and even specific setup on trading.

When i started trading I was introduced by scalping which you can see on my dec 2016 trades. I have manage to profit on this. here is the link

https://youtu.be/o3CsWLdkbJs 

on that video I manage to double my account in 3 weeks and the same time I manage to loose it all at end of dec 2016. It was an experience that i can not forget.


The reason for it is scalping is not really what i want for a lot of reasons. that is why consistency wise, I failed,

Until on early march i have discovered pattern trading which eventually i created my own signiture trade plan that until now it is giving me profit. the good news is this pattern take place almost every week on different currency. example of this was the USDCAD last week.

https://youtu.be/9oWvO-_PQUc

Currently as of Today I spotted again this pattern which im going to create a video of it watch the video below

Divergent Head and shoulders pattern






Sunday, May 6, 2018

Intro Learn Forex in 2 weeks

       The video below is an example of system that I have created that suite to me as a pattern and swing trader. The book that im going to launch will also help you create your own tailored fit strategy and system in trading. You will be learning the tools needed for you to identify yourself what kind of trader you are. With those basic forex basic tools you will have a better understanding of the market which you are capable of enhancing it to suite you. through this I strongly believe you will develop a system that will give results consistently. 



Through this book you will understand that what works to me will never works on you. hence you will not be a victim of other people selling you strategy and system that will not work on you on the long run.

As much as possible I dont use terms that we can not relate so that you will understand the real situation of Learning forex. there also actual youtube links that will help you better understand how the market works.