Reversal bars indicate a change in the prevailing trend and can be used as triggers to enter trades. They form when the high/low of the bar is exceeded but it closes in the opposite direction of the open and previous close. Continuation bars maintain the trend and include inside and outside bars. Objective stop losses should be used to exit trades and prevent larger losses, such as stops based on recent price extremes or pattern violations. It is important to have a plan for how to handle positions that gap against you overnight due to news, which may involve waiting before placing stops or scaling out of the position.
forex trading strategy that you can make money with. Can also be use by using your android and iphone metatrader.
The settings on the indicator are easy to setup. The strategy best time frame is h4 and hourly chart.
http://www.pipsumo.com/2017/04/parabolic-sar-trading-strategy.html
Top 8 Forex Trading Strategies That Pro Traders UseSyrous Pejman
In this slideshow find the best Forex trading strategies including chart patterns, price rejection, correlation trading, volume-price analysis, long term daily and weekly trading, news and sentiment trading strategies. Besides, you will learn the best money and risk management methods and also the best advice by the experts to control your psychology during your trades.
Would you like to learn secrets of price action trading which is used in every day trading by a 15 years trader? Continue reading on to learn real examples of how price action trading works on Forex, stock futures and gold charts!
What are some of the advantages of using a scalping strategy to trade the forex market? - Quick profits Entry and exit is usually done within a couple of minutes. This allows for quick profits but can lead to quick losses as well. - Exit is usually within 20 minutes or less - Lots of trades Strategy uses 3 Indicators The strategy uses 3 indicators: pivot points, Fibonacci retracement and the Stochastic Oscillator. The 3 main pivot points both above and below the pivot are used for this system: S1, S2, S3 and R1, R2, R3. The Fibonacci retracement values used are the 0.618, the 0.382 and the 0.500 levels. The Stochastic Oscillator is set at 5,3,3.
forex trading strategy that you can make money with. Can also be use by using your android and iphone metatrader.
The settings on the indicator are easy to setup. The strategy best time frame is h4 and hourly chart.
http://www.pipsumo.com/2017/04/parabolic-sar-trading-strategy.html
Top 8 Forex Trading Strategies That Pro Traders UseSyrous Pejman
In this slideshow find the best Forex trading strategies including chart patterns, price rejection, correlation trading, volume-price analysis, long term daily and weekly trading, news and sentiment trading strategies. Besides, you will learn the best money and risk management methods and also the best advice by the experts to control your psychology during your trades.
Would you like to learn secrets of price action trading which is used in every day trading by a 15 years trader? Continue reading on to learn real examples of how price action trading works on Forex, stock futures and gold charts!
What are some of the advantages of using a scalping strategy to trade the forex market? - Quick profits Entry and exit is usually done within a couple of minutes. This allows for quick profits but can lead to quick losses as well. - Exit is usually within 20 minutes or less - Lots of trades Strategy uses 3 Indicators The strategy uses 3 indicators: pivot points, Fibonacci retracement and the Stochastic Oscillator. The 3 main pivot points both above and below the pivot are used for this system: S1, S2, S3 and R1, R2, R3. The Fibonacci retracement values used are the 0.618, the 0.382 and the 0.500 levels. The Stochastic Oscillator is set at 5,3,3.
The best swing trading strategies are the ones that allow you to trade and profit from your beliefs about the market. I have added some of the most popular swing trading indicators as a guide for you to explore. The swing trading indicators listed here focus on trend trading, volatility, and overbought/oversold conditions.
Forex Trading - How to Create a Trading StrategyBlueMax Capital
Forex trading how to create a trading strategy. The Forex Fundamental Analysis, Technical Analysis, Risk Management, Rules Successful Forex Traders Follow and Reasons Why Forex Traders Fail.
Scalping futures is a technique which can provide a steady revenue stream to talented traders. This course explains the basics of the techniques involved in short term trading of index futures and what is involved in becoming a successful day trader.
Click here for more information on range trading
http://www.netpicks.com/simple-range-trading-strategy/
Here is some information on range trading:
It’s been said that a market only trends 30% of the time.
I can’t quantify that figure but having a range trading strategy to take advantage of the other 70% is good business.
Range trading is not difficult however it does require discipline and a method of determining when a trading range is in play.
For more information on range trading click here:
http://www.netpicks.com/simple-range-trading-strategy/
Price action trading strategy is where investment instruments are bought or sold for short-term period based solely on price movement. Click to know more
This Forex trading guide is for both beginners and advanced traders. You will find here proven trading strategies, very practical money and risk management method, optimal and high performance trading, best advice about trading psychology and all tips you need to be happy winner in your trades.
Engulfing Candles, due to their distinct characteristics, provide potential reversal signals for Forex traders
Here’s how to spot and trade them...
This subject and many others are covered in more detail in the FREE Forex Guide available at Forex Useful - http://forexuseful.com/new/members/21812-forex-guide/
“Forex Trading Strategies” is a complete guide of most popular and widely used strategies in Forex trade. You can read about day trading and its main types, understand the strategies based on market analysis, learn about portfolio and algorithmic trading, and many more. The book represents the ins and outs of each strategy - why and how it is used and how to get profit from trade. It is suitable for all traders who are novice in trade or want to improve their skills. All the strategies classified and explained here are for educational purposes and can be applied by each trader in a different way.
ALL NATURAL HAZARDS. Capacity for intelligent emergency response, recovery and reconstructionis is essential for community resilience. Presentation courtesy of Dr Walter Hays, Global Alliance for Disaster Reduction
War has devastating implications for families, communities, cultures, economies, and state infrastructure. Similarly, the last decade has seen an increase in the number of attacks against health workers in conflict zones and unstable environments. Unfortunately, these attacks have grave consequences for local populations which often rely on foreign aid programs for their health and well-being. As such, this paper will examine why aid-workers have increasingly been targeted for abductions, ambushes, assassinations, and various forms of intimidation. Furthermore, examples of terminated health programs, as well as populations served by current medical and humanitarian interventions, will be provided to impart a sense of magnitude and importance of health programs to the reader. Lastly, suggestions will be presented which could serve to minimize aid-workers’ risk and exposure to acts of violence in the field.
The best swing trading strategies are the ones that allow you to trade and profit from your beliefs about the market. I have added some of the most popular swing trading indicators as a guide for you to explore. The swing trading indicators listed here focus on trend trading, volatility, and overbought/oversold conditions.
Forex Trading - How to Create a Trading StrategyBlueMax Capital
Forex trading how to create a trading strategy. The Forex Fundamental Analysis, Technical Analysis, Risk Management, Rules Successful Forex Traders Follow and Reasons Why Forex Traders Fail.
Scalping futures is a technique which can provide a steady revenue stream to talented traders. This course explains the basics of the techniques involved in short term trading of index futures and what is involved in becoming a successful day trader.
Click here for more information on range trading
http://www.netpicks.com/simple-range-trading-strategy/
Here is some information on range trading:
It’s been said that a market only trends 30% of the time.
I can’t quantify that figure but having a range trading strategy to take advantage of the other 70% is good business.
Range trading is not difficult however it does require discipline and a method of determining when a trading range is in play.
For more information on range trading click here:
http://www.netpicks.com/simple-range-trading-strategy/
Price action trading strategy is where investment instruments are bought or sold for short-term period based solely on price movement. Click to know more
This Forex trading guide is for both beginners and advanced traders. You will find here proven trading strategies, very practical money and risk management method, optimal and high performance trading, best advice about trading psychology and all tips you need to be happy winner in your trades.
Engulfing Candles, due to their distinct characteristics, provide potential reversal signals for Forex traders
Here’s how to spot and trade them...
This subject and many others are covered in more detail in the FREE Forex Guide available at Forex Useful - http://forexuseful.com/new/members/21812-forex-guide/
“Forex Trading Strategies” is a complete guide of most popular and widely used strategies in Forex trade. You can read about day trading and its main types, understand the strategies based on market analysis, learn about portfolio and algorithmic trading, and many more. The book represents the ins and outs of each strategy - why and how it is used and how to get profit from trade. It is suitable for all traders who are novice in trade or want to improve their skills. All the strategies classified and explained here are for educational purposes and can be applied by each trader in a different way.
ALL NATURAL HAZARDS. Capacity for intelligent emergency response, recovery and reconstructionis is essential for community resilience. Presentation courtesy of Dr Walter Hays, Global Alliance for Disaster Reduction
War has devastating implications for families, communities, cultures, economies, and state infrastructure. Similarly, the last decade has seen an increase in the number of attacks against health workers in conflict zones and unstable environments. Unfortunately, these attacks have grave consequences for local populations which often rely on foreign aid programs for their health and well-being. As such, this paper will examine why aid-workers have increasingly been targeted for abductions, ambushes, assassinations, and various forms of intimidation. Furthermore, examples of terminated health programs, as well as populations served by current medical and humanitarian interventions, will be provided to impart a sense of magnitude and importance of health programs to the reader. Lastly, suggestions will be presented which could serve to minimize aid-workers’ risk and exposure to acts of violence in the field.
A quick run down of the differences between saving and investing and what products have more risk and therefore, more rate of return. Also briefly covers how you should choose a financial professional.
With the assistance of FEMA, response and recovery efforts are well underway in New Jersey and New York City. The bad news is, a Nor’easter is expected on Wednesday, 8 November. Powerpoint presentation courtesy of Dr Walter Hays, Global Alliance for Disaster Reduction
Health has gained recognition as a foreign policy concern in recent years. Political leaders increasingly address global health problems within their international relations agendas. The confluence of health and foreign policy has opened these issues to analysis that helps clarify the tenets and determinants of this linkage, offering a new framework for international health policy. Yet as health remains profoundly bound to altruistic values, caution is required before generalizing about the positive outcomes of merging international health and foreign policy principles. In particular, the possible side-effects of this framework deserve further consideration. This paper examines the interaction of health and foreign policy in humanitarian action, where public health and foreign policy are often in direct conflict. Using a case-based approach, this analysis shows that health and foreign policy need not be at odds in this context, although there are situations where altruistic and interest-based values compete. The hierarchy of foreign policy functions must be challenged to avoid misuse of national authority where health interventions do not coincide with national security and domestic interests
This is a web portal we use to communicate with our clients, and deliver our risk consulting material, such as: newsletters, flyers, payroll stuffers, posters, powerpoint presentations, instructor notes, quizzes, and on and on...
Mitigation and adaptation strategies for coping with the potential adverse effects of global climate change. If the predictions are right, we will be living with the effects of global climate change for the rest of our lives. Presentation courtesy of Dr. Walter Hays, Global Alliance for Disaster Reduction.
LinkedIn is the worlds largest online professional network with over 200 million members in more than 200 countries and territories.
Fact: 2 new professionals join LinkedIn each second of every day.
In this slideshow you will learn:
- How to drive highly targeted traffic to your website using LinkedIn.
- How to setup and optimize your LinkedIn profile so users find your profile and take action.
- How to become an internationally known thought leader using the LinkedIn platform.
- And much more...
LESSONS LEARNED FROM PAST NOTABLE DISASTERS: FLOODING. For centuries, china has enperienced record flooding associated with the rainey season or typhoons. Impacts of flooding in china during 2007: Floods alone killed more than 1,348 people in China during 2007. Economic losses from floods reached more than $10 billion USD. An estimated 139 million people were adversely affected by floods. As many as 2.7 million were evacuated in advance of a single potential flood event. Presentation courtesy of Dr. Walter Hays, Global Alliance for Disaster Reduction
ARE YOU REALLY MAKING MONEY? FIND OUT FOR FREE: www.highvelocitymarketmaster.com/capitalgrowth
My ritual for intra-day and swing trading is pretty much the same. I scan charts, look for certain trading setups and conditions, then the appropriate action is taken.
While swing trading involves longer term charts, the plays on the smaller time frames for day trading are influenced, in part, by what is happening on the higher charts. When conditions take place on the smaller charts in line with conditions on the higher chart, good things can happen.
Read more: http://www.netpicks.com/potential-trading-setups-scan/
Elliott Waves Trading Strategies
Elliott wave analysis is useful in providing the most likely next direction, but often traders may be unsure exactly when to enter and exit based upon analysis.
If the market is predicted to move lower then obviously you would wait for prices to stop falling before buying, or for more aggressive traders they may sell short. If your wave count expects price to move upwards then obviously you would buy. Trying to trade against the main trend is extremely risky. The wave count should tell you what the main trend is.
This short course introduces traders to trading strategies and methods used in the Master in Trading Course at Online Finance Academy. Learn how we integrate probability analysis, order flow, market profile, volume analysis, chart patterns and macro-fundamentals into a comprehensive trading strategy.
I am a retail trader who tries to become a consistently profitable trader. I have put in a lot of effort the past years but decided it's time to share more of my work online. This is a playbook trade I made on QNGY. A playbook is a template where a trader captures the trades and patterns that makes sense to him/her. You break down all the variables of the trades and review your performance. Your playbook should be your trading business. I am inspired by the book: 'The Playbook' written by Mike Bellafiore from SMB Capital. I am happy on my progress reading the tape but there's also a lot of things I need to improve in order to become profitable. I would love to get constructive feedback since I am all about improving as a trader.
Profit from trapped traders with 2 simple setupsNetpicksTrading
http://www.netpicks.com/tjgiveaway1 - YOUR FREE TRADING SYSTEM
The concept of trapped traders is a simple one to understand.
While there are two forms of trapped traders, I only want to focus on one.
The trader who is trapped in a losing position.
These traders, by virtue of being on the wrong side of the market, can help propel your trade when they hit the exits.
Issues Of Trapped Traders
The fear and panic by those who enter a trade only to find the market going against them can cause a sudden burst of price movement. This movement in price is caused by these traders exiting their positions and creating order flow in the opposite direction from which they entered the trade.
Whenever you look at the high of a green candle, picture someone hitting their buy button and entering the trade. Flash forward to the next candle being a red momentum candle and that trader who bought the high, is trapped.
To exit, they have to sell.
See more at: http://www.netpicks.com/trapped-traders/
http://www.premiertraderuniversity.com/ptucourse -- PTU Trading Course!
What is the fundamental pattern of any market that is trending? Depends on the direction, right?
If a market is trending up, we expect to see higher highs and lows and the downswings to be relatively the same.
Flip what I just mentioned over and you have a market that is heading down.
This is certainly basic knowledge that any trader should know….and be able to profit from and I want to show you how.
http://www.netpicks.com/trading-article/trading-pullbacks-profit/
http://www.premiertraderuniversity.com/ptucourse -- PTU Trading Course!
Whenever you talk to other traders, there is always someone who feels certain trading rules are gospel and other rules are foolish.
Sure, trading rules about cutting losing trades off at the knees when it’s hit the point that invalidates the premise is one that I can get behind. Those rules are all about saving your trading account because once the account is finished, so are you.
But there are other rules that many trading courses talk about.
Rules that many traders hold dear and follow to the letter.
The issue becomes when you can’t see the folly behind buying into your rule and discounting other trading “rules”.
http://www.netpicks.com/trading-rules-folly/
1. Trading Triggers - Part 1
REVERSAL BARS
Reversal bars are an objective technique used to time the entry of a trade. When pattern, price and time all
come together at a suspected major pivot, and you hesitate while wondering if the prior trend will continue
against your new position, a reversal bar can be the objective trigger to prompt you to take action. The
examples demonstrated below have many variations. The example given is not the only possible
configuration for that reversal bar type. The important concept is that with every configuration, prices make
a new high (or low) but close opposite the direction of the open and the trend. The reversal bar is telling you
that the trend for that time frame has run out of gas and that no new buyers or sellers are coming into the
market. For bullish reversals just substitute low for high.
Not every reversal bar is significant. This is especially true for intraday charts. Reversal bars take on
importance when they occur at a coincidence of pattern, price and time.
• Reversal Bar - Makes higher High and
closes below Today's Open and
Yesterday's Close
• Key Reversal Bar - Opens below prior
bar close, makes new High. Closes
below prior Close and Today's Open.
2. Outside Key Reversal Bar - Opens below
prior bar close, makes new High. Closes
below prior Close and Today's Open.
Signal Bar - Opens above prior Close, makes
new High. Closes below Today's Open
3. Gap Signal Bar - Opens above prior
Close, makes new High. Closes below
Today's Open but Gap is not filled.
Snap Back Reversal Bar - Day 1 makes
new High, opens bottom 1/3 of the bar,
closes top 1/3. Day 2 opens top 1/3 of the
bar, closes bottom 1/3, does not have to
make new High.
4. Reversal Confirmation - First day that
Close is below Open. Better signal if it
makes lower Low.
5. Trading Triggers - Part 2
CONTINUATION BARS
Not every major pivot point is marked by a reversal bar. Continuation set-ups can still get you in a trade
relatively close to the pivot point. Continuation bars are easily identified on a bar or candlestick chart. They
always start with either an inside bar or an outside bar.
Inside Bar - Today's high and low do not exceed yesterday's high and low.
Outside Bar - Today's high and low both exceed yesterday's high and low.
Inside Bar
Outside Bar
6. Outside Plus Bar
STOP LOSSES
Losses are part and parcel of trading. Successful traders learn to manage their losses, or shortly find
something else to occupy their time.
Trade entries are relatively easy. You have an objective set of criteria and when those conditions are met you
enter the trade. Stop losses are more difficult because now you are in the trade. The cool hand that pulled
the trigger to enter is now firmly wedged between the rock of fear and the hard place of greed.
Just a few ideas for objective stop loss points. There are many more.
Pattern stops occur when price moves to an extreme that negates the working Elliott Wave scenario. For
example, a Wave 2 entry is stopped out if prices violate the pivot price that initiated the swing (Wave Zero).
All the pattern stops that we use are set out in the Trading Signals section.
Robert Miner, a successful trader and teacher, posits that three, two and one day bar extremes are logical
stops. For example, for a long trade that is in the early stages of a Wave 3, the lowest low of the most recent
three daily bars (including today) is an objective stop loss point. As Wave 3 progresses into its later stages
the stop is moved to two bars or even to one bar. Miner does not count inside bars when computing the
extremes.
Another method presented by Williams that ties into Miner's one day stop is the Zone Stop. When price bars
have run for five consecutive bars in the same zone (shown as five consecutive red or green bars) place a one
day stop and move it every day until it gets hit.
The important concept is to let the market, not your emotions, take you out of the trade - with a profit if the
trade works out for you, and with a manageable loss if it does not. You don't know what the market is going
to do next. Don't anticipate. You'll experience a lot less stress and probably make more money too.
7. When Disaster Strikes…
Holding trades overnight has certain benefits and risks. We consider it a necessary part of a trading plan to
have a "Wealth Building Account" for swing and core trades, which would all be overnight holds. So
following your trading plan and playing the proper share size are very important. Properly handled, over
time the benefits should outweigh the risks. However, no matter how careful you are, you will have a
morning where a position you have is gapping open against you.
Remember, overnight there are no stops. Let us say you are long XYZ at $30.00, and at 7:00 a.m. EST the
next morning company XYZ makes some announcements. Let us say they are going to miss their next
earnings number, and that the CEO just resigned, and that they suspect they have accounting problems.
There is a good chance (about 99.99%) that when trading starts the next morning at 8:00 a.m. EST (pre-
market trading starts with ECNs at this time) that your stock will be trading much lower. Let's say at 8:00 it
starts trading at $26.00. From 8:00-9:30 it ranges from $26.00 - $25.00. Then at 9:00 it opens at 25.10. It
will not matter that you have a stop in place at $28.50. During pre-market, stops are not in effect. Then when
the market opens, your stop will be filled (if it is GTC, or if you re-entered it at open) at the best price at the
time, $25.10, not your desired price of $28.50.
So, how do you handle these 'disaster' situations? Here are some tips to put the odds in your favor to manage
these situations in the best way over the long term:
First, do not panic. Easy to say, but hard to do. However, it will not be hard to do if you have a strategy in
place out for these situations.
Second, ignore the pre-market trading. From 8:00 until 9:30 only ECNs are trading; some stocks don't trade
at all. If your stock is gapping down like this, it will likely be trading, but will likely be trading erratically.
Third, when it opens officially at 9:30 EST, do nothing for five minutes. That is right, just watch it. After five
minutes, mark off the low and put a stop for half your shares $.05-.10 under that five-minute low.
Fourth, let it trade for 30 minutes. Then put a stop for the other half of your shares $.05-.10 under that 30-
minute low. At this point, if the stock did not violate the five-minute low, you will still have all your shares,
half with a stop under the five-minute low, half under the 30-minute low.
You will find on many occasions, that you may still have all your shares, or at least half. Often, after a large
gap, the opening half hour puts in the lows for the upcoming days. If your shares do stop, you are usually
risking a relatively small amount extra.
From there, you can treat the trade as a swing with a one-day trailing stop, or the stock may rebound to prior
levels and you can follow your prior plan. While the example given was for a gap down on a long position,
the exact same rules hold true for gapping up on a short position. Use 5- and 30-minute highs as stops.
Having this as your plan for disaster will help you minimize the losses over the long term.