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ASIAN SESSION 15M GBP PAIRS ROUND NUMBERS SCALPING STRATEGYDuring Asian Tokyo Session trade: GBPUSD, GBPAUD, GBPJPY, GBPNZD. Trading Time Zone: 1 hr before to 1 hr after Tokyo Session. Trade 15m chart. Add a "00" & "50" numbers indicator to chart or add them to your chart. As the new trading day starts, watch how price reacts to those price levels. This pair price came bullish, had a bearish pullback and then a short bullish continuation. That allowed you to enter a bearish sell stop @ 2.0600 in the 1 hour before Tokyo Session. Your bearish take profit is @ 2.0550 so enter a take profit order. Make a hedging Buy Stop order @ 2.0550 or on a second account enter this order. Your bullish take profit is @ 2.0600. Enter a tight 10 pip SL.
Education
by Tradingstrategyguides
BTCUSD 15m Looking Bullish, it'll Probably go Down First!BTCUSD on a short time frame (15m) is hitting new highs @ just below $7800 again and again - there's also a nice upward triangle formed suggesting the price is just about to break out above the resistance and continue upward. Given that most players in the Crypto world would be seeing this same formation, and also considering market manipulation (it's rife in Crypto), we think BTC is about to retrace back to around $7500, this is where we would be placing our Long order, with a Stop below recent levels @ $7400. This is due to larger players (banks, gov's, whales) knowing the majority of people will be going Long right now, so forcing the price down would remove these Longs from the market (hitting stops/fear of loss) and the big players can sweep up all the failed Longs at a cracking price and then (and only then) will the price continue along it's path above $7800, up to over $8000. Stay tuned to see if our prediction hits the mark! Good Luck & Happy Trading! -theCrypster
KRAKEN:BTCUSD
by theCrypster
USDJPY 15M BIG BEN BREAKOUT STRATEGY SHORTRule #1 Define the Asian (London) Trading Range We’re going to use the range definition that takes into consideration only the body of the candles, excluding the wicks. Note* this trading rule can be adapted as you get more experienced at reading the price action. Who knows, maybe you’ll be able to discover some price action tendencies around the London open that no-ones was able to see. The London open breakout strategy works because the Asia trading range tends to attract buy and sell stops above and below the trading range. The bulk of buying and selling stops becomes an easy target for smart money. Remember that traders need liquidity to execute their orders. And, the smart money is always in search of liquidity to fill their large orders. That’s the reason why smart money needs to trigger those stops. Rule #2: The One-Hour before the London Open Needs to Generate the Breakout Our backtesting results revealed that momentum really starts to pick up 1-hour earlier than the actual London opening session. There are some smart ways to trade this burst of momentum. Let’s see some technical ways to trade the pre-London open. We don’t need to guess in which way the market will break, we let the market tip his hand and show us the way. This is where things get interesting. Let me explain… During the London session, we’re going to see the most traded volume thus the foreign exchange market should really take off in one direction or another. From our example, we can note the USD/JPY is a one-sided move. We didn’t have any interruptions in the momentum activity, and that’s the KEY for this whole trading setup to work. Let’s now outline the second technical element you want to see with the London setup. Rule #3 Fade the London Open Breakout (follow the smart money) Immediately after the London session opens, we want to see the price fading the pre-open move. If the price move starts fading, we know it was a false breakout The smart money has used the pre-open move to trigger the stops below the range and now they reverse the tie and start buying. We want to see price pulling back into the range at the same speed as it went up. Let me explain… In simple words, the bullish momentum used to produce the false breakout needs to be equal to the bearish momentum used to fade the pre-open move. We enter our trade after the first 5-minutes have confirmed that the price is reversing. Once this trade setup is completed, you should see a price formation that takes the V-shaped form (or inverse V-shape). Let’s now explore what methods you can use to cash in the profits. Rule #4 Take Profit or Ride the Trend We can measure the size of the Asia trading range and project that, from the top or bottom of our range to get our profit target. But, oftentimes this type of setup can lead to a trading day that can extend in the days to come. In this example, the better take profit strategy would be to use a trailing stop. You need to be ready to explore other trading methods to manage your trades. Now… Protecting the downside is as important as making money. Below, we’re going to reveal how to use time as your stop loss. Sounds interesting? So, let’s get straight into the matter. Rule #5 Use a Time Stop Instead of a Price Stop (or you use your TP trading method) In order to fade the London breakout, you need to use unconventional trading methods. In this regard, for our stop loss trading strategy we’re going to use a time stop instead of a price stop. The first time I’ve ever heard about the time stop concept was while reading the Market Wizards book. Billionaire Hedge Fund manager Paul Tudor Jones one of the greatest traders of our times said: “When I trade, I don’t just use a price stop, I also use a time stop.” If you want to get a glimpse into the mindset of the most successful traders and hedge fund managers, please read: Top Trading Quotes of All Time - Learn to Trade. So, do you want to know how to apply the time stop to the London strategy? It’s very simple… If in the first hour after the London open the price didn’t COMPLETELY reverse the pre-opening breakout, we exit the trade. It’s simple as that, no further explanation is needed.
Education
by Tradingstrategyguides
COPPER 15M INTRADAY TRADING STRATEGYMCX Copper Intraday Trading Strategy Now, the first thing you must understand is how the CCI works in relation to the price and the moving average: CCI is measuring how fast the price moves away from an average price (20-period MA). The further the price moves away from the 20-period MA, the stronger the momentum. When the price is hugging the 20 MA means that it’s lacking momentum. When the price is pulling from the MA it signals momentum. Now, we still haven’t used the CCI readings, which is the missing component you’ll learn next. The relationship between the price and the moving average is just not enough to trade copper profitably. So read on… The CCI indicator will help you measure the strength of Copper momentum. This will help us decide if it’s worth to pull the trigger and trade Copper. Here is what you must know: If you want to buy Copper the price has to cross and close above the 20-period moving average. At the same time, the CCI must cross above the zero line. for this particular copper trade setup, futures traders can hide their stop-loss below the candlestick that triggers the trade for a long position. At the same time, the profit target needs to be multiple times as much as your stop-loss to help you balance the risk. Note* A break below the 20 MA can be a good profit-taking strategy. Moving average breakouts are known for signaling a trend reversal.
OANDA:XCUUSDLong
by Tradingstrategyguides
2
EURUSD 15M BEAR FLAG BREAKOUT SHORT CONTINUATION TRADE HOW TO USE THE STE PULSE COLORED BARS TO TRADE A BEARISH FLAG SHORT CONTINUATION TRADE. Price Consolidation caused STE Bars to change to a Dark Red color and to rise up towards zero line. STE Bars did not cross above zero line but bounced short again and changed to a light red color and increased in length. Short Stop Order placed @ 1.0990. Stop Loss placed above top of consolidation range. You determine Take Profit
Education
by Tradingstrategyguides
GBPJPY 15M SCALPING US SESSION INSIDE CANDLE BREAKOUT STRATEGYINSIDE CANDLE STRATEGY What is an Inside Candle 1. Previous candle engulfs next candle. 2. 2nd candle high is lower that 1st engulfing candle. 3. 2nd candle low is higher than 1st engulfing candle. INSIDE CANDLE METHOD 1. Incoming Trend 2. Inside Candle – Opposite Color 3. Enter Break of Engulfing Larger Candle Inside Candle method is a great short term consolidation indicator. If your trade plan contains breakouts and consolidation then this method is for you. This is a great way to find smaller consolidations quicker which will give you more trades on whatever time frame you want to look. On a daily chart it may take weeks for a consolidation pattern to form. An Inside candle represents a pause, consolidation or compression in the market after a big move. Often you will also see reduced volume on the inside candle. Inside Candle method is a pause or a reversal of the trend . So it is more effective if there is an incoming trend. Enter a break of the larger engulfing candle in the direction of the break. Enter with a Stop Order a few pips above or below breakout level. Which trades you take is a matter of preference. Some like reversal trades or trend following trades. Scalping inside candle pattern doesn't matter what direction you may go. Trend following you will want to see this in context of a larger trend. Take all the trade setups and just shut down the ones that don't preform. Trade Management: Enter 2 trades Stop Loss is 1.5 x ATR for both trades First Take Profit is 1 x ATR for 1st trade 2nd trade there is no take profit. When 1st TP is hit move 2nd trades SL to breakeven. Let profit run on 2nd trade by following/trailing SL. If a candle closes back inside the larger engulfing candle close down trade. Watch for a setup for the next breakout.
Education
by Tradingstrategyguides
GBPUSD 15M NEW LONDON OPENING BREAKOUT TRADING STRATEGYRule #1 Define the London Trading Range We’re going to use the range definition that takes into consideration only the body of the candles, excluding the wicks. Note* this trading rule can be adapted as you get more experienced at reading the price action. Who knows, maybe you’ll be able to discover some price action tendencies around the London open that no-ones was able to see. In the GBP/USD chart we’ve outlined the trading range: The London open breakout strategy works because the Asia trading range tends to attract buy and sell stops above and below the trading range. The bulk of buying and selling stops becomes an easy target for smart money. Remember that traders need liquidity to execute their orders. And, the smart money is always in search of liquidity to fill their large orders. That’s the reason why smart money needs to trigger those stops. Rule #2: The One-Hour before the London Open Needs to Generate the Breakout Our backtesting results revealed that momentum really starts to pick up 1-hour earlier than the actual London opening session. There are some smart ways to trade this burst of momentum. Let’s see some technical ways to trade the pre-London open. We don’t need to guess in which way the market will break, we let the market tip his hand and show us the way. This is where things get interesting. Let me explain… During the London session, we’re going to see the most traded volume thus the foreign exchange market should really take off in one direction or another. From our example, we can note the GBP/USD one-sided move. We didn’t have any interruptions in the momentum activity, and that’s the KEY for this whole trading setup to work. Let’s now outline the second technical element you want to see with the London setup. Rule #3 Buy the London Open Breakout Immediately after the London session opens, we want to see the price fading the pre-open move. If the price move starts fading, we know it was a false breakout The smart money has used the pre-open move to trigger the stops below the range and now they reverse the tie and start buying. We want to see price pulling back into the range at the same speed as it went up. In simple words, the bullish momentum used to produce the false breakout needs to be equal to the bearish momentum used to fade the pre-open move. We enter our trade after the first 5-minutes have confirmed that the price is reversing. Once this trade setup is completed, you should see a price formation that takes the V-shaped form (or inverse V-shape). Let’s now explore what methods you can use to cash in the profits. Rule #4 Take Profit or Ride the Trend We can measure the size of the Asia trading range and project that, from the top or bottom of our range to get our profit target. But, oftentimes this type of setup can lead to a trading day that can extend in the days to come. Now, in this case, it’s wise if you employ other trading tactics so you can actually profit from this trend. In this example, the better take profit strategy would be to use a trailing stop. You need to be ready to explore other trading methods to manage your trades. Protecting the downside is as important as making money. Rule #5 Use a Time Stop Instead of a Price Stop In order to fade the London breakout, you need to use unconventional trading methods. In this regard, for our stop loss trading strategy we’re going to use a time stop instead of a price stop. The first time I’ve ever heard about the time stop concept was while reading the Market Wizards book. Billionaire Hedge Fund manager Paul Tudor Jones one of the greatest traders of our times said: “When I trade, I don’t just use a price stop, I also use a time stop.” If you want to get a glimpse into the mindset of the most successful traders and hedge fund managers, please read: Top Trading Quotes of All Time - Learn to Trade. So, do you want to know how to apply the time stop to the London strategy? It’s very simple… If in the first hour after the London open the price didn’t COMPLETELY reverse the pre-opening breakout, we exit the trade. It’s simple as that, no further explanation is needed.
Education
by Tradingstrategyguides
USDJPY 15M ASIAN SESSION TIM'S MA CROSS STRATEGYThis is a New Trading Day Session on the USDJPY 15m chart. Price is in a consolidation sideways movement. Price has been above the 20ema for awhile. Tim's MA Cross rule 1 is 20 ema is below 100sma for short trade. Rule 2 Sell Signal candle OPENS above 20ema and CLOSES below 20ema. Because of the consolidation sideways move I plan to enter when price breaks the support at the Sell Signal candles low. I entered a Sell Stop at 108.63. Volume was above MA line so 100% full size position was made. I have added the ADRHiLo indicator to help me find my TP level at the ADR Low of 108.21 To view Tim's MA Cross Strategy go to TSG YouTube videos and watch his current video "How to trade my best MA Cross Forex Strategy".
Short
by Tradingstrategyguides
4