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Learn Profitable Doji Candle Trading Strategy In the today's post, I will share my Doji Candle trading strategy. This strategy combines the elements of multiple time frame analysis, price action and key levels. Step 1 Analyze key levels on a daily time frame. Identify vertical and horizontal supports and resistances. Here are the key structures that I spotted on on AUDUSD. Step 2 Look for a formation Doji Candle on a key structure. This rule is crucially important: we will trade only the Doji candles that are formed on key levels. From key supports, we will look for buying, and we will look for shorting from key resistances. Look at this Doji Candle that was formed on a key daily support on AUDUSD. Step 3 Look for a horizontal range on a 4h/1h time frames. Doji Candle signifies indecision. Quite often, you will notice the horizontal ranges on lower time frames when this candlestick is formed. Here is a horizontal range that was formed on a 4H time frame on AUDUSD after a formation of Doj i. Step 4 Look for a breakout of the range. To sell from a key resistance, we will need a bearish breakout of the support of the range. That will be our bearish confirmation. To buy from a key support, we will need a bullish breakout of the resistance of the range. It will be our bullish signal. Here is a confirmed breakout of the resistance of the range with a 4H candle close above. That is our bullish confirmation on AUDUSD. Step 5 Buy aggressively or on a retest. After you spotted a confirmed breakout of the range, open a trading position aggressively or on a retest. Personally, I prefer trading on a retest. If you sell, a stop loss should be above the high of the range and your target should be the closest key daily support. If you buy, your stop loss should be below the low of the range and a take profit will be on the closest daily resistance. On AUDUSD, a long position was opened on a retest. Stop loss is lying below the lows. Take profit is the closest resistance. Here is how the great strategy works! Always patiently wait for a confirmation! That is your key to successful trading Doji Candle. ❤️Please, support my work with like, thank you!❤️
OANDA:XAUUSDEducation
by VasilyTrader
4
swing trading My name is Shavarie. I am a swing trader. Trade forex is what I do on a daily basis. At the age of 15, everything began. I got started in the financial markets because of my love for a wealthy lifestyle. I wanted to succeed at this game in order to avoid working a 9 to 5 job and living an average existence. When I was a child, my mom worked hard nearly all of the time. She was typically exhausted from all the stress at work when she arrived home. I therefore made the decision to choose a life of my own choosing at a very young age. My primary drive was this. Undoubtedly, I too had worldly aspirations. The most significant one was genuinely living life on my own terms. I struggled a lot in school because I had an issue with my school average performance. I had no choice than to run my own business. But given your youth, lack of company management training, and limited funding, how could you possibly pull that off? After doing a little bit of research, I discovered forex trading. I loved the concept of making my money work for me, so I was determined to become an expert in this area. I can now declare that I have perfected this technique after 3 years. I traded for a living and lived an independent life. Freedom for me is the ability to do what I want every day. It wasn't always that way. Numerous attempts failed, particularly in the first two years. While I was working at shady jobs, I blew up a few accounts. I wanted it so bad that I invested almost all of my side-hustle income into my trading account. This was one of my main issues back then, as I now realize. I was desperate for it. I wasn't actually trading since every time I suffered a loss, I wanted to recover it as quickly as possible. Most of the time, I was just gambling, and I always felt bad after a trade went wrong.The emotions were like being on a turbulence .Regardless of how much it was a struggle sometimes. The thrill of trading was incredibly fun for me. I was motivated by the concept of using my money to work for me. I created techniques and put many of them to the test in an effort to master this skill set. I learned that there are numerous strategies for continuously making money in the markets, but most traders fall short in these two areas. Money management and attitude. I was aware that in order to succeed, I would have to become an expert in these two areas. And I carried it out in that manner. Currently, other traders who want to succeed in this industry are using my knowledge. I'm not a financial advisor, but a reasonably skilled trader who knows how to master a trading skill set . When playing this game, consistency is crucial. I can teach you everything you need to know to become a consistently winning trader who dominates the market because I have the knowledge and experience.
FOREXCOM:US2000Short
by shavarieg
These crypto bots were launched and have been running since 2021These bots that were launched on major exchanges via Kryll.io have been trading since 2021 to Feb 2022 and despite the bear market, the have held this portfolio up by over 60%. With over 40 pairs traded with these bots, this proof of concept experience shows that: - Using trading strategies on Kryll can be optimal over a simple buy and hold. The total accumulated crypto and usdt on the account has increased by over 60%. - They can protect traders against bearish moves. - These strategies are optimal to run in the longer term in order to be optimal and efficient. Most traders stop their bots early out of impatience but this case study showed, that given enough time, a Kryll bot running a strategy in your portfolio can post solid returns given the chance. On Kryll. io you can: - Use the best crypto trading bots in the crypto space. - Use TradingVIew charts and indicators to build profitable trading bots with zero coding experience needed. - Backtest, optimize and automate your trading strategy. - You can manage all your trades on all your exchange accounts through the Kryll. io platform.
CRYPTOCAP:TOTAL
by Kryll_io
EURUSD FX Signal: Can it Trade Higher?EURUSD posted some gains due in recent days due to the Fed Powell's speech at Jackson Hole (online speech). Powell affirmed the Fed will opt for average inflation while assuring rates will remain low. The new inflation framework weakened USD against a basket of currencies. The impact of the new framework may last for some time but due to the upcoming US elections the polls may begin affecting USD as we near November. There has been a 4hr breakout in EURUSD as seen on the chart. As the currency pair was held in a range for some time it may pave the way for further gains.as The potential target is around 1.2040. As this is a 4hr chart it may take some time as opposed to a similar technical setup on a 15min chart for example. It should not take more than 48 hours. The breakout may remain valid as long as EURUSD does not post a 4hr close above 1.1950.
Long
by DDMARKETS
1
Golden heights - XAUUSD The future, predictedAfter the birth into a brand new not so shiny market, I can happily say a vast majority of our active clients listened well and entered into XUAUSD positions with our platform www.STBinary.com Moving forwards we will see no doubt a large accumalitive growth pattern with GOLD. Uncertainty is king remember. Trade re-negotiation deals are coming. Scottish and Irish referendums are coming. German French and Spanish changes are coming. A brave new world indeed - If you want to change your life with trading gains, or simply wish to find out more please do get in touch. Sharing opinions and servicing clients is what we do ;)
FX:XAUUSDLong
by STBinary
2