Ema with Momentum - forex market hours desktop widget

Ema with Momentum ~ forex market hours desktop widget

EMA   with momentum is trend momentum trading system.
Currency pairs: Majors and Minor.
Time Fraame 30min or higher.
Indicators:
Stochastic indicator (8, 3,3,),
Momentum (8),
EMA 21,
EMA 86,

BUY WHEN:
 The white Candlesticks are ABOVE the 2 EMA lines (Yellow and Gold).
(Section 1)
 The momentum line is BELOW 100 BUT positively starting to move UPWARDS.
(Section 2) Stoch Blue line starts to climb ABOVE the red line, at a sharper angle.
(Section 3).

SELL WHEN:
The white Candlesticks are BELOW the 2 EMA lines (Yellow and Gold).
(Section 1)
 The momentum line is ABOVE 100 BUT positively starting to move
DOWNWARDS. (Section 2)
 Stoch Blue line starts to fall BELOW the red line, at a sharper angle.
(Section 3)
 Stop levels and Take Profit levels depend on the timeframe you are using.
 If you wish to scalp (highly effective) Then I suggest the M5 chart with a TP of 10 pips and a stop of 7 pips.

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Reaching for the stars - forex trading zulu

Reaching for the stars ~ forex trading zulu

Exciting to spot another new sprout coming from my terrarium. This is the third new shoot. 

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Countertrend trading - trading hours for forex

Countertrend trading ~ trading hours for forex

Constricted ranges dictate countertrend trading plays. This classic swing strategy uses clearly marked boundaries to buy weakness and sell strength. When S/R draws strong congestion, sell short as price tests resistance and go long when it falls into support. Use the charting landscape to guide low-risk execution levels. Keep in mind that the first thrust into S/R usually offers the best fade position and that odds will deteriorate on repeated tests. And remember that swing entry is always very price sensitive.

FIGURE 1

Short-term volatility shakes out intraday traders during these six hours of choppy Nextel action. Meaningless price swings of 2 to 2 1/2 points masks the underlying downtrend, squeezes shorts and relieves weak hands of their stock positions. Many intraday trends respond to conflicting intermarket cycles that ensure a bumpy rise for the momentum crowd. Look for convergence between indices, futures, and equities when trading short-term momentum.

Countertrend trading

Focus the intended execution near a single price level and stick to it. Never chase entry and always maintain a tight stop loss. Countertrend trades must execute with minimum slippage right at or close to known S/R. The swing trader should stand aside if conditions don’t allow for this narrowentry. These setups manage risk through small losses taken when positions violate specific S/Rzones. A series of larger losses due to poor execution will eliminate a very good profit.

Target reward through examination of the local features. If possible, carry the position until price approaches the other extreme of the range. Broad congestion likely mirrors intermediate S/R that inhibits a quick price thrust across the pattern. Many swing traders find that single direct price moves without retracement provide the best conditions for a profitable exit. Consider getting out as price jumps into that first boundary. If this is the chosen style, the original reward:risk evaluationshould confirm that this price target carries enough profit to make the trade worthwhile.

Buying bottoms and selling tops carefully applies countertrend strategies. Major highs and lows attract interest more than any other charting landscape feature. This ensures a large supply of participants but also invites more whipsaws and unexpected outcomes. Apply this primary rule at tests of prior highs and lows: fade the first test after a significant pullback but trade in the direction

of the extreme on subsequent tests. Price tends to break out of ranges on the third try (second test of a high or low).

Use small reversal patterns in the chart below the holding period to fade entry near S/R extremes.

Adam and Eve patterns and double tops/bottoms present simple formations that apply this 3D

technique. Short sales depend on price violating the bottom of the smaller top pattern, while long

positions signal when price surges through the top of the smaller bottom pattern. This original

method allows low-risk execution close to the larger high or low in anticipation of a favorable price

move.

Victor Sperandeo’s 2B trade in Methods of a Wall Street Master and Raschke and Connor’s Turtle

Soup in Street Smarts both trap the crowd as it leans the wrong way right after price violates a high

or low but reverses immediately. As smart traders adopt these contrary tactics, many price extremes

face increased danger of a swift reversal after the initial breakout or breakdown. The safest 2B fade

strategy lags the crowd before position entry. Let the price action break through key levels but don’t

execute in the opposite direction until it pops back across support or resistance.

Trade 2B setups defensively. The market may still want to break through the barrier. Ride the

subsequent pullback to the first natural swing level and then exit. After a good reaction the trend

can reassert itself quickly and take out the old extreme. This follows the wisdom to fade the first

test of an old high or low but follow the trend on the second test. Apparent triple bottoms and tops

often yield to significant breakouts or breakdowns.

Watch out when a new high or low retraces and forms congestion close to the price extreme. Simple

continuation patterns can quickly ignite into new trend thrusts. Stay away from small pennants and

short pullbacks when planning 2B entry. The best reversals for this pattern come when a sharp

retracement occurs after the first high or low. The subsequent test should then print more price bars

than the decline that precedes it. Also pay close attention to lower-pane indicators as the event

approaches. The trade cross-verifies when oscillators diverge from price direction just as the old

high or low breaks.

Pullback entry into a strongly trending market represents a major category of swing tactics. This classic setup buys the first sharp decline into support or sells the first bear rally into resistance. Exit depends on many factors, including personal trading style, holding period, and available capital.Subsequent swings also offer safe entry, but risk increases as trends evolve and reach overbought-oversold conditions. In other words, each pullback after the first one has higher odds of being areversal rather than a continuation pattern. Chapter 8 examines this bread-and-butter swing trade in greater detail.

Central tendency presents high reward: high risk opportunities at the extremes of price action. These tactics work best in congested markets or in the extreme volatility near climax events. The strategy fades price when a long bar thrusts out of a Bollinger Band extreme more than 50% of its entire length. In rangebound markets, odds for success improve substantially when the top orbottom band aligns horizontally just before the violation and price thrusts into known resistance (other than the band itself).

FIGURE 2

The 2B reversal (1) traps participants that sell short into a violation of the last intermediate low. This classicscenario also appears at double tops right after new highs. Enter the reversal as soon as price jumps back within the prior S/R. This Broadvision example also illustrates a clear stop gunning exercise just before the market moves substantially higher. Note how both (2) and (3) offer logical long side entry for the subsequent rally.

Countertrend trading

Consider this trade at the end of parabolic rallies and selloffs. The bands will turn close to vertical as these events progress. Look for an intense burst of energy that forces the bar to break halfway or more through the band. This signals the possible climax and invites countertrend entry. Butsuccessful execution requires both a skilled hand and excellent timing. Some blowoffs can issue aseries of these bars before a violent reversal. Use cross-verification and tight stop loss to managerisk. And master other setups before attempting this dangerous trade.

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Forex Trading Strategy 133 - forex trading with small capital

Forex Trading Strategy 133 ~ forex trading with small capital

Review of the week 20 -24 October on 9 pairs H1

A small week: +6% profit, only a good trade on USD/JPY

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Superscalper with EMA - forex 4 hour trading strategy

Superscalper with EMA ~ forex 4 hour trading strategy

Super Scalper with EMA is a trend-momentum strategy.

Time Frame 5 min.

Currency pairs: EUR/USD, GBP/USD, AUD/USD, AUD/JPY, USD/CHF (features currency pairs is be low spreads).

Sessions trade: London and New York.

You can trade a maximum of 3 non-correlated currency pairs.

We use four main indicators in this strategy.

Slow Stochastic with a setting of 8,3,3 applied to the High, Low, and Close price. The overbought is set to level 80 and the oversold is set to level 20.

Exponential moving average, EMA 34 periods (close).

Exponential moving average, EMA 8 periods (close).

Exponential moving average, EMA 100 periods (close).

Pivot point levels (tool that have all trading platform).

To trade only in the direction of the trend as we identify

The trend is up when 8EMA>34EMA>100.

The trend is down when 8EMA<34EMA<100.

Criteria for buy signal

First condition: the trend is up: 8EMA>34EMA>100

8 EMA >34EMA;

The Stochastic crosses upward.

Buy whe the price come back and bouce on the 8 EMA.

Re-entry when stochastic indicator turn below level 20,crosses upward and the previous conditions are agree.

Superscalper with EMA EUR/USD 5 min chart

Criteria for sell signal

First condition: the trend is up: 8EMA<34EMA<100

8 EMA <34EMA;

The Stochastic crosses downward.

Buy whe the price come back and bouce on the 8 EMA.

Re-entry when stochastic indicator turn above level 80,crosses downward and the previous conditions are agree.

First stop loss 15-20 pips. When that occurs that Im in gain, I move my stop to breakeven.

Profit target 8-12 pips or at the pivot levels.

Money management: for 5 minute chart never going above a 1% risk per trade, with 3 losses in a row you could easily lose 3% down in one day.

Superscalper with EMA EUR/USD 5 min chart

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Forex Trading Strategy 135 - forex trading with etrade

Forex Trading Strategy 135 ~ forex trading with etrade

Review of the week 13-17 October on 9 pairs H1

A small week: +6.5% profit, only a good trade on cable (see trade of the week) and a small one on USD/CAD

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20 100 5min scalping momentum strategy - forex market hours gmt.ex4

20 100 5min scalping momentum strategy ~ forex market hours gmt.ex4

5min scalping-momentum strategy is my favorite fx strategy for time frame 5-Minute )

Markets: Currency pairs majors, and Index.
Indicators for this strategy:

1. The 20 EMA (exponential moving average , close);
2. The 100 SMA simple moving average, close) ;
3. MACD. Default setting (12, 26, 9).

Trading Rules

Long entry
1. The currency pair is trading below both the 20 EMA and the 100 SMA.
2. Wait for the price to crossess upward above both moving averages by 15 pips, and
3. The MACD is > 0 no longer than 5 candles ago.
4. Buy at market.
Short entry

1. The currency pair is trading above both the 20 EMA and the 100 SMA.

2. Wait for the price to crosses downward below both moving averages by 15 pips, and

3.The MACD is < 0 no longer than 5 candles ago.

4. Sell at market.

Exit position

Place your initial stop at the previous swing low/high.
After 18 pips in gain move your stop to breakeven.

Use the trailing stop with 15 pips.

20-100 5 min scalping momentum strategy

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Man becomes mother of 13 ducklings - forex trading zones times

Man becomes mother of 13 ducklings ~ forex trading zones times

Read this article from new of the world today. 

"Matthew Sargent’s neighbor found 13 duckling eggs in a nest after the mother duck died. The compassionate man placed them in an incubator until they could hatch. But when they did, they imprinted on him and followed him around everywhere he went, appearing to believe that he is their ‘mother’. Now this man, with these 13 tiny fluffy children to care for, seems to be taking the new role in stride." 

Just as everyone who is on facebook, instagram or twitter who wish to have more likes and followers, looks like this guys just got 13 new followers and likes. How cool and sweet! :)

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Peko Money Tracker Cash Out 8 - forex trading zaharuddin

Peko Money Tracker Cash Out 8 ~ forex trading zaharuddin

Cash out 8

What are the things we associate with when we mention Singapore? Best airport? Best government? Best sea port? 

There are just so many great achievements that i can be proud of being a Singaporean and staying in Singapore. 

An interesting conversation with Bratt, a fellow Pekoer got me thinking;

~~~~~~~~~~~~~~~~

Bratt: Hi care for a peko?

Me: sure! Good luck!

Bratt: so where you from?

Me: Singapore, how bout you?

Bratt: From USA here. Singapore? Well, anyone got hit with a cane recently?

~~~~~~~~~~~~~~~

Haha thats interesting, not only are a known for our number ones, we are also a fine country with strict laws that comes with caning.

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50 EMA with trend line breakout - forex trading times in gmt

50 EMA with trend line breakout ~ forex trading times in gmt

50 Ema with trend line breakout is a trend following system with price action analysis.

This system is super-simple and can be used on ANY timeframe.

Markets: Forex and Indicies.

The system uses a 50sma for trend direction – then we just watch, visually, for a mini-trendline to form – we then enter when the trendline ‘breaks’.

Top Tip: Trading this system on 5-minute charts during the London session can result in some big winners.

Trading rules 50 EMA with trend line breakout

Buy

When price is above 50SMA and price breaks up mini trend line.

Sell

When price is below 50SMA and price breaks down mini trend line.

Exit Position

Profit Target Ratio Stop loss 1:1 .

Place initial Stop Loss on the previous swing High/Low.

50 EMA with trend line breakout

50 EMA with trend line breakout

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Lunch with Warren Buffet - forex trading zerodha

Lunch with Warren Buffet ~ forex trading zerodha

Forget fine dining! Step aside delicacies. Nothing compares to a meal with the world most famous finance guru. 

Wait a minute, anyone has like $2million spare change? 

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