Hello, dear subscribers! The topic of this article is the Engulfing candlestick pattern. To be honest the candlestick patterns are almost useless if you use only this. But this is a great trend confirmation, so we will consider engulfing pattern with the Alligator Indicator which was described in one of the previous articles. What is Engulfing Pattern? The...
Hello, dear subscribers! Today we starting the training series of the Ichimoku Indicator trading. This article is about the Ichimoku definition and the easiest trading strategy using it. What is the Ichimoku Indicator? This indicator consists of 4 components: 1) Conversion Line - the 9 period high - low average price, demonstrates the short term period trend....
Hello, dear subscribers! The next topic of our education is the Bollinger Band channel. What is Bollinger Bands? BB channel consists of three lines: the moving average of close price, the MA plus/minus 2 standard deviations. This channel defines the most likely price swings range. How to trade with BB? There are two different situations for the BB trading....
Hello, dear subscribers! Today we will examine another one lagging indicator - MACD. It is very useful indicator but you need to use it carefully because usually it is just adds other indicators and can to generate a lot of fake signals. What is MACD? MACD consists of: 1)MACD (blue) = EMA(12) - EMA(26) 2)Signal (red) = EMA(9) 3)Histogram = MACD - Signal The...
my tgt BUY ABOVE 937.25 TGT-940/944/949/955/956..IF sustain on 956 (52 week high) than it goes upto 1000 sell below-933.80 tgt-930/925/920/915/910/900 Please do ur own analysis before trade. This is only for education purpose.
Why not to trade with a high leverage? We, scalpers, usually trade with leverage, because our gain from an individual trade is small but only accumulates in a period of time if we re-invest after each trade. Because of our tendency/ human nature we tend to focus on profits but in the long term it is our losses who determine our success. Our losses are mainly...
Emini Breakout and Momentum Strategies Profiting from breakouts and momentum trading is a favorite trading approach among Emini day traders. Emini momentum strategies often rely on capitalizing on a spike in momentum (order flow) activity. That’s the reason why Emini momentum strategies work best during times of increased volatility. Similar to momentum trading...
Entry based on the range of first 15m candle. All trades closed at the end of the day or when SL hit. SL based on ATR. Pretty consistent signals every day.