Brain Forex Signals First Webinar

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This is the first webinar of the series offered by BrainForexSignals to forex traders for free.

In this webinar Trendline Analysis is presented along with how to trade with trendlines and the Pinball Trade System.

A brief introduction is given to traders about trade robots that completely automate your trading.

For more information and recorded webinar sessions visit
http://www.brainforexsignals.com

Published in: Economy & Finance, Business
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Brain Forex Signals First Webinar

  1. 1. Trend Line Analysis Pinball Trading System Candlesticks duration: 1 hour plus questions<br />Louizos Alexander Louizos <br />MsC in Nanotechnology & Nanosciences<br />Artificial Intelligence Researcher <br />Creator of Venus Forex Robot<br />http://www.brainforexsignals.com<br />
  2. 2. A Brief Introduction <br />Trading Forex since 2000. <br />At first managed to derive only losses, as any amateur trader!!!! <br />Then decided to become educated in Forex. Learned everything about technicals and fundamentals. <br />Profitable Trading after 3 years of learning (2003) but non enough free time to trade. <br />2002 till today I am researching in Artificial Intelligence Systems. <br />Last year I created after 4 years of research an expert system to trade for me, in fact better than me!!!! <br />Nowadays using a portfolio of Forex Robots in a remote server to trade for me. <br />The best of these Forex Robots, Venus is available for only 200 subscribers through our site. More info at http://www.brainforexsignals.com<br />
  3. 3. Trend Line Analysis <br />Trend is my friend <br />Market can only be Uptrend, downtrend and sideways trading <br />Avoid Flat Sideways Markets!!! Market’s decisions should be digested and then enter. The longer the flat market the greater the outbreak will be!!! <br />
  4. 4. Designing Trend Lines <br />Begin from longer time frame charts! Then move to smaller time frames. The longer the time frame the greater the possibility for market to reverse there. <br />Follow the tops and the bottoms of the market. <br />You have made a channel. The upper line is the resistance line and the bottom line the support line. <br />
  5. 5. Trading with Trend lines<br />You could trade to the opposite direction of the trend line like the price will bounce upon hitting the trendline with small stop loss. If line comes from a longer time frame, it is stronger!<br />If channel line is broken then market always confirms this breakout before moving on. Enter at confirmation point with small stop loss. <br />CAUTION: Channel Line is broken only if price bar<br /> closes below the channel line!!!!<br />Let’s see some real market examples. <br />
  6. 6. Tips About Trend lines<br />Prefer trend lines in timeframes of 4 hours and up. Then these trend lines become more accurate and strong. <br />Use trend lines with other indicators to confirm the bound or breakout. <br />When I used to trade live with technical indicators I used trend lines along with Relative Strength Index (RSI). <br />RSI with period of 14 is mine favorite. &gt;70 overbought &lt;30oversold. <br />The best usage for RSI: New market highs or lows that are not confirmed by highs in RSI Pending Market Reversal!!!!<br />Let’s see some real live trading examples <br />
  7. 7. Pinball Trading System <br />A method to trade with trend lines. <br />DESIGN CHANNEL LINES FOR A TREND (4 hourly and higher)<br />Take Fibonacci Levels between the two “pinball&apos;s” of prices on channels. <br />If the next pinball on market coincides with a fib level then there is greater possibility that market will reverse again. Trade the pinball with tight stop losses. <br />You may also use RSI an added confirmation step just as prior mentioned. <br />Let’s see some real trading examples<br />
  8. 8. Major Candlestick Patterns<br />Candlesticks is a science on it’s own. <br />You do not have to use all types of candlesticks. <br />We will see the most common of them in the market!!!!<br />
  9. 9. The Candlesticks I used: Reversal Candlesticks <br />Remember: This signals are CLOSED candlestick not morphing right now!!!<br />Let’s See some Real Market Examples<br />
  10. 10. How do I Trade Today?<br />I am a great fan of technology and an early adopter of it. <br />I have limited free time but I still want to trade<br />So , today I trade using Meta Trade Platform and Expert Advisors. <br />I use this approach in Forex Trading since 2006. <br />These Forex Robots completely automate my trading. <br />My favorite Trade Robot is one I have created and I called it Venus!!! <br />I provide it to only 200 subscribers at http://www.brainforexsignals.com<br />200 only because I do not want it to lose performance!!!!<br />Please bear with me for a minute or two to show you what <br />BrainForexSignals is all about!<br />
  11. 11. Questions? ? ? <br />We have all the time you need to answer all your questions!!!<br />If you do not have any questions I will analyze current charts<br /> to see trade opportunities with technical analysis!!!! <br />A recording of webinar will be available after the end of it through <br />http://www.brainforexsignals.com<br />The PowerPoint Presentation is available through our site also. <br />

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