Technical
Scalping opportunity on the 1m/3m/5m timeframes .....Those that like to scalp or want to learn can using our strategy.
Its very clear to see how to follow price as shown - also our members can test using our strategy tester and hone in on the settings and parameters even further. However, this video is just showing standard settings.
Either follow price or use the labels for SL and TP targets.
Part close at TP2 and leave TP3 until the reverse signal or SL to entry, could work too.
Lots of different ways to manage the position once you are in - even taking 15 pips a time would have worked a treat.
Regards
Darren
Blue FX
Blue FX Strategy v3 - letting winners run is key!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 there - explained in the video traders.
Thank you.
Regards
Darren
Blue FX Trend Strategy V1 - how does it work?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 and to encourage you to let your winning trades run.
Cut losers, let winners run.
Sometimes the best trade to take is the one you are already in!
Learn to spot a ranging market and have patience in your execution on a break out and you will vastly improve the statistics here too.
Full back testing functionality on just trend following - BUT scroll left and test easily too with a Fixed Stop Loss (SL) and Take Profit (TP).
Custom settings can improve or decrease performance across all pairs.
Regards
Darren
How many successful negative people do you know? Are you a trader riding these large trend or are you trying to catch the tops and bottoms and the 'possible' reversals - if you are the later, you would have struggled so far this week.
Our strategy takes the 'guesswork' out of the market and ensures you are the right side of the big market trends - surely that's the goal right?
If these moves do reverse sharply down, we will catch them too. Win, Win?
Please watch the video to see what I mean, I got cut off at 20 mins so I will not bore you with another video right now, I will leave the other pairs for a weekly recap on them.
Also - as I note - are you an 'unlucky' trader - luck shouldn't come into it, if you have a plan, a known strategy that works and back testing data to support - like ours! Therefore, change your internal language to one of confidence and positivity.
I ask you to tell me 'How many successful negative people do you know?' - answers on a postcard please, or just DM me if you can tell me any?
Try some daily positive affirmations or acknowledge your emotional state before trading - if it isn't a positive one - don't trade. Maybe its diet, excercise, quality sleep = all of these things can be a contribution to your 'peak performing self'!
Regards
Darren
May review - H4 TF 4 Pairs +9% Gain at least!A review using H4 time frame and why we use ATR - ATR SL and TP will be built into V3 that's imminent.
EURJPY
GBPJPY
GBPAUD
GPPCAD
Over 9% on the table with 1:2 - even more potentially.
Very easy to trade and less 'noise' on the H4 timeframe.
Regards
Darren
Weekly Recap Part 1Part 1 weekly review.
Explaining our strategy and how to be patient removing the low probability setups.
Part 2 is incoming.
Our weekly stats are posted in our public channel too - done manually but on launch V3 will have instant back testing - to save me time and to prove how profitable and successful this can be.
Regards
Darren
What a day - 4049 Pips on offer today! Hi Traders,
What a day today has been.
Over 4000+ pips and counting on offer today from our strategy across over 30 pairs and indices.
Our strategy can be used across all timeframes and has a H4 confluence setting that can be turned on and off. Although this can add extra confluence and an improved win rate, turning it off enables us to get into moves earlier too - this worked an absolute treat today with our live calls in Premium and traders adopting this to capitalise.
Once V3 is live we will have instant profitability from the last 10+ years to finalise these settings for our members too.
Settings used in this video;
M30 time frame
Blue FX Trend Strategy V1
H4 confluence 'OFF'
I hope you can see across all of the moves and pairs the opportunity on offer with our strategy.
Thank you
Darren
Weekly recap Part 1 - how to be more selective with our tradesWeekly recap, we got cut short at the end so watch out for Part 2!
We are focusing on checking the below to remove moving forward some of the losing trades that weren't valid for last week;
- Did the H4 break the ema cleanly for the new signal to be valid? As shown this was not the case on the GBP Buys for last week so they werent valid or probable.
- Do the candles indicate trading volume, i.e. long bodied candles - or low volume small bodied candles (If so wait for the market to show it's hand)
- Consider the market structure - is this is a pull back, could this be a false break of the ema on the H4 timeframe - if so wait for the next H4 candle to confirm, or wait for the pull back and retest on the H1 timeframe
- When we have a consolidating price structure - consider the use of a buy stop or sell stop order to then catch the volatility in the direction of the signal
- If the EMA is horiztonal and price stuck in range - wait for a new high or new low for the new trend to start - demonstrated in the video.
I hope this helps our members take some more care into their entries - there are substantial opportunities weekly; we are afford to me a little more selective with checking the above.
Regards
Darren
GREAT DEPRESSION 2.0In times of terrible moments, moments of death, horror, and failure. Brings new light to new beginnings. I bring you a beautiful speculation on what I think is to come.
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👨🏽🎨👩🏽🎨👨🏻🏫HOW TO MAKE TA IN 10 MIN 👨🏫👨🏻🎨🧑🎨Hello guys! In next 10 min I will teach you how to make TA!
Really simple steps to create your TA.
4 useful tools to build your TA:
-Trend Line
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-Fibonacci
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GBPJPY: To change your perspective, change your perspective.I'm saying, that GBPJPY is in trouble - having pumped north like nobody's business. The technical picture on the weekly is troubled. That means there is opportunity for all traders (long or short) on lower time frames. I'll say no more here. Have a look. And - if you think differently, give to the community your reasoned assessment. It is in giving that we receive. Let's not do the FB thing where you just 'feel' it's gonna go north or south. Thank you.
Wall Street (and S&P500) - technical picture vs seasonalityIn this screen cast I explore the Halloween Effect -which is a seasonal pattern - going back to 2012.
My overall position is that from 2012, the Halloween Effect is more probable, However, it is not 100%.
Statistical studies have been tracking this effect based on data largely based on a far more data before 2012 (but including the time up to the the present).
Markets have changed a whole lot since 2012 (a far more electronic world, ease of moving money around etc).
In addition the Halloween Effect has not been subject to geopolitical and macroeconomic forces that have piled up in the last 3 years.
The technical picture is one of fragility from Jan 2018.
Gold Weekly Analysis - 23/06/18Gold has dropped further this past week and has reached an interesting level experiencing a slight pullback on Friday. Is this the beginning of the highly anticipated bull run or is it simply a slight retracement ? Watch the full video for my analysis. If you find this video helpful please make sure to also like, comment and subscribe.