Shooting Star Candle Strategy The shooting star candle strategy is a very simple but very effective methodology to trade the financial markets. You can trade stocks, Forex, currencies, commodities, futures and even cryptocurrencies across various time frames. The kinds of trade setup we’re going to propose through this reversal trading strategy have an astonishing...
5 Candle matery System finds buy/sell signals showing colored column SL & TP will post Trade cancels if goes below middle teeth line
Step #1 Divide your 5-Minute Chart by Trading Sessions Since we’re using a strategy only for day trading Ripple we need to make use of intraday charts. The ideal time frame to implement our Ripple strategy is the 5-minute chart. Also read the simple way of trading multiple time frames in forex. The 15-minute chart will give us a better view of the overall price...
Price has been in a short range pattern Long Trade Enter on Break-Hook-Go @ 1.5949 Buy Take Profit @ 1.5947 Short Trade Sell Stop @ 1.5895 Sell Tke Profit @ 1.5865 SL 30 pips from entry price
Trades will be breakouts of day high and low Long Trade Buy Stop @ 1.1407 Buy Take Profit @ 1.1427 Short Trade Sell Stop @ 1.1367 Sell Take Profit @ 800 SMA Find SL
Pair is in an up-trending pattern Strong Macd divergence After a bearish pullback, price should return to the high of the trend If not - then price will return back to the ma's center range Fibs may show points of sup/res for direction Watch Macd for direction
Currently Pair has been in a small range Long Breakout Trade Entry on 15m Bullish Break-Hook-Go pattern @ .3128 1st Buy Take Profit @ .31725 2nd Buy Take profit @ .32025 Short Breakout Trade Entry on 15m Bearish Break-Hook-Go pattern @ .3050 1st Sell Take Profit @ .29815 2nd Sell Take Profit @ .2930 Find appropriate SL
USDCHF mirros USD Dollar Index Chart shows weak dollar Macd overbought Bearish engulfing candle pattern GBPUSD Forex power indicator shows Strong GBP Weak USD NY session starts in 15 min Possible bullish continuation move for GBPUSD
GOT TO PUBLISH FOLLOW INSTRUCTIONS ON CHART
Today's news events are NFP & Fed Powell speaking Fractal Highs and Lows have been created by price Price above 50 sma so Bullish bias trades Macd above Zero line so Bullish bias trades Breakout of fractal highs will be trade bias 1st and 2nd fractal high breakout trades have been entered Take Profit will be 800 sma line Adjusted SL at previous low point
Price is in-between 50 sma and 100 sma Price will breakout one of these ma's Follow instructions on chart SL will be below/above ma opposite of trade
Price bottomed out and is creating higher highs and lows 1st Trade setup long Previous fractal low Let price break above high of that candle 1st Buy Stop @ .7029 2nd Trade setup long Big 3 Green columns will paint when price breaks above top ma Enter trade after bullish breakout and 1st green column candle closes Find appropriate SL
We are looking at the EURUSD pair on a 15m chart. Price currently is in an ascending channel pattern Several failed attempts have been made to breakout of the channel pattern While preparing this post we had a bullish breakout of the channel top that failed. If price attempts a second retest of the bullish channel top breakout watch for a completed bullish...
Price in ascending channel and has failed to make a new high Price may bounce bullish at any of these levels shown If price continues to fail through the ma levels then 1st Short trade 1st Sell Stop @ 1.1415 If price breaks below both ma levels then 2nd Short trade 2nd Sell Stop @ 1.1390 Sell TP is @ 1.1363 SL as shown Watch for Mace to confirm direction by...
Colored columns signal trade direction Entered trade at close of breakout candle Closed trade at close of yellow column candle PM me if you have any questions about our Big 3 Trading Strategy Indicator
Price failed to make a new high which would have confirmed a Bullish continuation move If Price breaks below both sma's 1st Sell Stop @ 1.7290 2nd Sell Stop will be when price on the 15m chart makes a Break-Hook-Go pattern below the trendlind 1st Sell Take profit 2 1.7235 2nd Sell Take profit @ 1.7175 SL above 100 sma Watch Mach for direction - should cross below...
Slowed Macd settings are 12 - 200 - 15 SELL IF Price needs to be below both ma's Macd needs to be below Red zero line Take Profit is the 800 sma SL above ma's or close trade if Macd goes above the Red zero line