Traders Dynamic Index (TDI) indicator is a complex indicator that consists of the following indicators: RSI (Relative Strength Index) Moving Average To smooth RSI Bollinger Bands (BB) Or in this case we should only refer to them as volatility bands RSI helps us with: 1. Trend recognition: trading in the direction of the trend 2 Overbought and...
We've been sharing ideas on this strategy for quite some time now as part of our 'forward testing' approach and log. In this video, I run through the strategy, how it works and how it can help. Everything we do at POW is based on 'proof it works' - this is no different and you'll see this in the data I run through for you. Any questions about gaining access...
Learn how to trade Stocks, Forex, Crypto Currencies just same as Hedgefunds or Money managers. You can get the Indicator shown from either my profit under Scripts or from my web button under this post.
this is how you can use the 4H timeframe to give you more confluence to trade on the LTF.
In this video we go over the 3 types of forex trades, the bad, the good and the great! These tips are short and direct, but hopefully they are a wake up call to help you to start focusing on the good and great trades by being patient and disciplied! I also go over our XAUUSD long trade! Happy trading all <3
HOW you can become TOP author, get a lot of views. My secrets after 3 years of working on this platform.
You probably remember the bell curve back from school which shows the normal distribution of statistical data. Set the MA Deviation to percentage. Draw a line at 2 per cent. Anytime the indicator goes above 2 we can say we are in a volatile market.
In this video, I explain in detail the relationship between the price of Gold and the interest rate on 10-Year Government Treasury Bonds. You will understand why Gold is used as a hedge against inflation when investors cannot protect the purchasing power of their wealth through the purchase of government treasury bonds. Gold has risen in value by 231% since 2007...
Here we look at 3 traders, all claiming to have a winning trade with 100 pips - however, with very different % gains on their accounts. The main part of trading is profitability, you can not pay your bills with pips. This explains what you need to focus on and be aware of! Hope it helps, Regards Darren
Multi timeframe analysis and candlestick analysis. Potential scenarios and key levels explained.
Hello Traders, In today's lecture I'm explaining the importance of monitoring correlating assets to help give us early clues about the major asset we're looking to trade. When trading EURUSD, I like to look at 6 correlating assets. They are as follows: GBPUSD DXY GOLD SPX DAX I hope you find this video to be informative and educational to allow you to add...
Key levels and important support and resistance areas explained. Potential scenarios and appropriate behavior.
Use the strategy tester with our strategy to check the weekly performance, use it also as a trading journal - you simply need to follow it at least! We can see all of the trades for the week and the profit and loss. Strong gains this week with a 20% gain risking 1% per trade - even more on some 30 minute entries. A great week, catching big JPY moves in...
THIS IS AN IMPORTANT CONCEPT REGARDING WAITING FOR CONFIRMATIONS FROM CANDLES.
An explanation into V3 and the differences that are designed to help you the trader, in execution, convenience, efficiency, trading psychology and ultimately profitability. Improvements made; Lot size calculator Pips in brackets Back testing functionality Customisable settings Stop loss and Take Profit labels visible on all time frames and more! Its all...
Please watch as we explain how V1 can be used and why we added these functions from V1. Please watch until the end where we explain the missed profit opportunity on GBPJPY despite hitting our TP3 trade - we start here for v3. Thank you Darren
Video explanation on V1 - how it works and how to use it. We will next explain V2 and V3. We have developed the initial strategy very quickly and these videos will explain the changes and help you the trader, find the right tool for you. There is no one size fits all approach, but fundamentally our strategy is based on you being the right side of the market...
Let us take a look how to look at markets and how to think. We start watching the perfect EURGBP and move to Gold and how to identify good tops and almost perfect setups that happens on a weekly basis.