Here we take a look at trading pullbacks using the Keltner Channels. I cover the initial setup, the types of entries, and trades to avoid.
This setup contains 3 parts:
The channel touch
The Pullback
The Entry
The Channel Touch
Here is an example of the beginning signal in our setup, a band touch. The top and bottom bands represent the ATR (Average...
In this video, I discuss The Anti a trade first mentioned by Linda Raschke in her 1996 book Street Smarts. Her version used a Stoch indicator but, I prefer a modified MACD indicator. To take this setup, you first need an indication of market reversal. In our case that will be climatic activity.
So this trade has 4 parts:
Climatic activity or other indication...
Hello,
In this video series i will be walking you through my new approach on how i am currently trading the markets.
Step 2 - Develop the Mega Trend
Once you have entered your position and set your stop loss, you will then want to align the Trend Meters with your current lifeline candle. Ultimately we want to see the next day candle break below the previous day...
Hello,
In this video series i will be walking you through my new approach on how i am currently trading the markets.
Step 1 - Creating a Lifeline
We need to create a lifeline that factors no more than 2% on a stop loss playing the current daily candle. I will show you how to enter and factor in a stop loss for security in your capital.
Traders,
I'll review the Pivot Point Supertrend Trading Strategy in this video. This strategy has up to a 90% success rate with an avg. of 80-100% profits weekly. I think it's well worth our time to review and potentially implement or even automate going forward. Enjoy.
Stew
So, I love backtesting. Recently I've found my self in a 3% drawdown and needed to figure out what the cause of it was and trading at this moment won't give me that answer.
So, I decided to backtest.
Here is what I found:
1. I'm overtrading my system
I am a proud swing trader who got back into scalping the market in December 2022. It was mot my idea, but I...
Learn my wedge pattern trading strategy.
In this video you will learn:
How to spot the pattern
Meaning of the pattern
Trading entries
Stop loss
Take profit
Real market example
❤️Please, support this video with like and comment!❤️
Learn how to trade multiple time frame analysis.
Includes important theory and real market examples.
Entry/stop/targets explained.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
Backtesting is a manual or systematic method of determining whether a trading strategy or trading setup has been profitable in the past.
A trader should backtest a strategy to help determine if a trading strategy is likely a waste of time and money, or if it shows promise and profitability in a variety of markets.
While you can get software that does systematic...
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Trade Safe - Trade Well
Regards,
Michael Harding 😎 Chief Technical Strategist @ LEFTURN Inc.
RISK DISCLAIMER
Information and opinions contained with this post are for educational purposes and do not constitute trading recommendations. Trading Forex on margin carries a high level of risk and may not be suitable for all investors. Before...
here you will the best trading strategy based on exponentional moving averages
you will 3 moving averages
EMA : 50
EMA : 25
EMA : 10
when EMA 10 cross both EMA 25 AND 50 you will open a trade
Take profit 90 pips
stop loss : below last low for buy trade
above last high for sell trade
exit trade also on opposite cross
recommended to use trailing stop...
A trading system that provides you with with a 85-90% success rate with also giving you more time off the charts.
This system will equip you with the following before you even enter the trade
1. Entry - This trading strategy will show you potential entry levels
2.Exit - Before you enter the trade you will see all the potential take profit levels then you scale...
