Triangle Breakout Buy Limit Strategy
If breakout candle is greater than 1 ATR
1 Buy 1/2 position size at breakout candle close @ .7075
2 Place 1/2 position size buy limit pending order just above 1 ATR level @ .7055
1st trade TP .7075 (entry price) + .0045 (atr) = .7120
2nd trade TP let run have SL follow price
SL you find
Step 1 Price touches & breaks below Lower BB.
Step 2 Breakout candle above Middle BB.
* Big bold bullish candle closing near the top.
Step 3 ENTER at the close of the breakout candle.
Step 4 SL placed 5 to 10 pips below breakout candle
Step 5 TP at break & close below the Middle BB
Ascending Triangles, Triangle, Descending Triangles and Ranges are repeatable trading chart patterns.
Triangles and ranges are consolidation chart patterns that can breakout either direction.
Ascending and descending chart patterns will have a directional bias depending on the previous incoming trend.
Each chart pattern will have defining trendlines of the...
Ranges, Triangles, Ascending Triangle, and Descending Triangles are repeatable trading chart patterns.
Ranges & Triangles are consolidation chart patterns that can breakout either direction.
Ascending and descending chart patterns will have a directional bias depending on the previous incoming trend.
Each chart pattern will have defining trendlines of the...
Triangles, Ascending Triangle, Descending Triangles and Ranges are repeatable trading chart patterns.
Triangles and ranges are consolidation chart patterns that can breakout either direction.
Ascending and descending chart patterns will have a directional bias depending on the previous incoming trend.
Each chart pattern will have defining trendlines of the...
Step #1: Make Sure Your Chart Setup Configuration Looks the Same as our Price Chart
Step #2: Wait for ATR Indicator to break above 20-EMA
Step #3: Check the Price Chart to Ensure the ATR Breakout is followed by a Price Breakout
Step #4: Enter Short Once we break Below the Low of the Breakout Candle
Step #5: Your Take Profit Target should be Equal to the ATR...
FX Pulse Indicator shows
Trade Setup found - red column
Entry signal - blue
Stop Loss Signal - red
Take Profit Signal - green
PM me if you have any questions on our FX Pulse Indicator I can answer for you.
Setup chart with -
Volume,
Pivot standard,
Sessions on chart.
Step #1: Trade only at the London open or the 8:00 AM GMT.
Note* We’re going to use the 15-minutes time frame and trade based off of the daily pivot points.
Step #2: Buy at the market if after the first 15-Minutes we’re trading above the Central Pivot Point.
Important Note * If after the first...
This trading system which you are going to learn here is called the Cowabunga Forex Trading System.
The Cowabunga Trading System is a trend trading system. So what this forex trading system does is use the 4hr time frame as for identifying the main trend and then trade entries are taken in the 15 minute charts.
So here’s how it works:
1 - If the price in the...
Triangles, Ascending Triangle, Descending Triangles and Ranges are repeatable trading chart patterns.
Triangles and ranges are consolidation chart patterns that can breakout either direction.
Ascending and descending chart patterns will have a directional bias depending on the previous incoming trend.
Each chart pattern will have defining trendlines of the...
Triangles, Ascending Triangle, Descending Triangles and Ranges are repeatable trading chart patterns.
Triangles and ranges are consolidation chart patterns that can breakout either direction.
Ascending and descending chart patterns will have a directional bias depending on the previous incoming trend.
Each chart pattern will have defining trendlines of the...
THIS SHORT TERM TRADING STRATEGY IS USING THE MOST CURRENT PROGRAMED INDICATORS TODAY
IN THE MARKET.
Trade pairs with no news that trading session.
Trade daily trend of either the current 4H or Day chart (MACD/SIGNAL LINES, 5/10EMA LINES SHOW DIRECTION).
US session - trade anytime after CLOSE of 1st 15m bar as NYSE opens - 9:30 am ET.
Asian session - trade...
Find daily pair where
Daily Chart
1: Stochastic lines have crossed below 20 level
2: K line above D line
3: K line crosses above 20 level - then
4: Look at 15m chart for swing low pattern
15m Chart -
Swing Low Pattern
1st candle higher low
2nd candle lower low
3rd candle higher low
Look for
1: Stochastic lines have
crosses below 20 level
2: K line above D...
Triangles, Ascending Triangle, Descending Triangles and Ranges are repeatable trading chart patterns.
Triangles and ranges are consolidation chart patterns that can breakout either direction.
Ascending and descending chart patterns will have a directional bias depending on the previous incoming trend.
Each chart pattern will have defining trendlines of the...
Step #1: Attach the Donchian channel indicator to your chart. Preferred setting 20 periods.
Step #2: Wait until the price crawls along the upper Donchian Channel. The price should not go below the middle band during this stage.
Note* The closer the price action moves along the upper band, the stronger the trend is.
Step #3: Buy1 when the price pulls back to the...
Price has created an ascending triangle pattern which has a bullish bias
The declining Volume and ATR/Volatility levels indicate traders have lost interest in investing in Boeing
This is creating consolidation pressure on the top triangle level @ 379.30
Trade Plan
Buy a daily close above 379.30
Breakout Candle must be 100% of the average volume for a full size...
While making this post price broke out of range bottom
Range bottom is at 133.20
Daily breakout candle open was at 135.50
Daily ATR is 8.66
1H chart found range levels
Range Trade Rules
Daily candle did not close yet but broke out of range bottom
Breakout candle low was greater than 1 ATR so special entry rules now
Breakout candle open - 1 ATR = Sell Limit...
