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80sma

BTCUSD 2H BIG 3 CONTINUATION SHORT TRADEBig 3 Continuation Strategy found bearish trade 6 hours ago First thing for the Big Three Trading Strategy: Apply Indicators to Chart Apply all of the three moving averages to your chart - 20 - 40 - 80 sma You can make them green, blue, red, pink, etc… The color is just your personal preference. Again these are 20, 40, 80-period Simple moving averages. These are the best trend forex indicators and will help you determine trends and every time frame. After studying the charts and applying many different moving averages, we found these three to work extremely well together for this particular strategy. Which is why we called them the big three. Second thing for the best three trading indicators strategy: The Trend… Up or Down? Once your “Big Three” indicators are on your chart, go ahead and find a current up trend or down trend. To do that simply look at where the price action is and determine if its above the moving averages or below If the price is above the three moving averages you have an uptrend: below is a downtrend. Step 1 - Wait for entire candle to close outside of Moving averages. Wait for the price close below lowest moving average in a downtrend: Step 2 watch for bullish pull back in price action You wait for the price to pull back and then move in the direction of the trend to make your entry. Step 3 Enter on the red candle close below all ma's To determine this you can either go to a lower time frame or stay in the current time frame that the entire candle closed completely below or above the moving averages. The price action does not have to necessarily go back and touch the moving averages (which does occur) but you need to confirm there was pullback in the price and then a continuation of the current trend. Also, read bankers way of trading in the forex market. The reason that I prefer to wait for a break pullback and go is because statistically, the price will mostly always retrace during a bearing or bullish trend . For a more risky approach to this strategy, you could technically get in a trade right when the price breaks the highest or lowest moving average but this method may cause more harm than good. The reason is that not every time it breaks these lines it is headed for a strong up or down trend. Which is why you need to wait for a FULL candle to close above/below these lines and you wait for a pull back and go to enter the trade. Step 4 Place your stop loss above the top moving average line. Depending on what time frame you are in will vary on how large your stop is. Scalpers may have a tight 5-10 pip stop While day traders will have a 30-50 pip stop Step 5 you determine TP or Your take profit is when the price touches the 80-period line. You can tweak this rules as you wish, but we found the best way to push your winners with this strategy was to wait until the price touches the 80-period line.
BITFINEX:BTCUSDShort
by Tradingstrategyguides
4
BIG 3 CONTINUATION STRATEGYThis strategy finds the most trades for any markets and pairs. This strategy will show you what the most accurate intraday trading indicators are, the best combination of indicators for day trading, swing trading and scalping, and the most reliable technical indicators. This strategy can be traded on any given time frame This can be used for swing trading, day trading, and scalping This strategy can be traded with any market It can be a great addition to your current trading plan Step 1 - Apply all three moving averages to your chart like this:20-40-80 sma These are the best trend indicators and will help you determine trends on every time frame. Step 2 - Once your “Big Three” indicators are on your chart, go ahead and find a current up trend or down trend. To do that simply look at where the price action is and determine if its above the moving averages or below If the price is above the three moving averages you have an uptrend. If the price is below the three moving averages you have a downtrend. If The market is flat and the price action is not making a new high or low and just saying stagnant… I would avoid this type of market because we are looking for a trending market, not a flat or “sideways” market. Step 3 - Wait for entire candle to close outside moving averages + pull back in price action + continuation of trend. Wait for the price to close below lowest moving average in a downtrend: above in an uptrend. Once you see this occur, you wait for the price to pull back and then move in the direction of the trend to make your entry. To determine this you can either go to a lower time frame or stay in the current time frame that the entire candle closed completely below or above the moving averages. The price action does not have to necessarily go back and touch the moving averages (which does occur) but you need to confirm there was pullback in the price and then a continuation of the current trend. Place your stop loss Below the bottom moving average line. Depending on what time frame you are in will vary on how large your stop is. Scalpers may have a tight 5-10 pip stop While day traders will have a 30-50 pip stop Take Profit at your discretion.
BITFINEX:ETHUSDShort
by Tradingstrategyguides
3