Profit target - forex trading hours malaysia time

Profit target ~ forex trading hours malaysia time

The other way to protect open equity profit is to take profits when a predetermined price level or profit threshold has been reached. There are many ways to calculate such profit target thresholds. Profit target orders are set with price or better or price limit orders.

Definition: A profit target is an unconditional exit of a trade with a locked-in profit at some predetermined price or profit level. The incorporation of a profit target into a trading system is a more proactive and aggressive method of profit management. The most positive aspect of a profit target is that once the desired profit is realized, it is captured immediately. It therefore cannot be lost like it can be with a trailing stop. The negative aspect occurs when a profit is taken and the market continues to move well beyond this target level. These potential additional gains are lost because our profit target has closed out the position.

There are trade-offs with the use of profit targets. Some traders cannot live without them just as some cannot live with them. Trading systems that use profit targets, in contrast to those that do not, can be less profitable overall but can produce a higher percentage of winning trades and a smoother equity curve. Sometimes profit targets reduce per trade, and total risk and overall performance can be more stable.

Not all systems are improved by th euse of profit targets.Whether profit targets are beneficial or not very much depends on the style and pace of the trading strategy. In general, active, countertrend trading strategies that trade from overbought and oversold conditions benefit the most from profit target orders. Conversely, slower, trend-following trading strategies generally benefit the least from profit targets.

Profit Target

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EurUsd testeaza suportul dinamic 3x1 - forex trading platforms for mac computers

EurUsd testeaza suportul dinamic 3x1 ~ forex trading platforms for mac computers

EurUsd a ajuns pe zona noastra de targetare de pe suportul dinamic al unghiului 3x1 aflat in confluenta cu suportul fix de 25% a box-ului nostru Gann. Marcam partial profitul la +195 de pips si mutam nivelul de stoploss la BE+. Suntem in free trade. Foarte probabil sa incercam deschiderea unei pozitii long daca vom avea confirmare.

Înscrieri la Cursurile de Analiz? Gann ?i abonare la Buletinul de Analiz? S?pt?mânal? Gann pe email
gannmasterforex@gmail.com  si pe Patreon.com


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CCI Flash Scalping - forex trading hours london time

CCI Flash Scalping ~ forex trading hours london time

CCI flash scalping is a forex tradind system trend momentum very fast. A nice little 5-minute system – ideal for riding London morning session trends.

Time Frame 5 min.

Currency pairs: EUR/USD, GBP/USD.

Indicators:

Commodity channel Index (20 period close);

Exponential moving average (34 period, close).

CCI Flash Scalping trading rules

Sell

For a SELL trade we want price to be trending down and BELOW the 34ema.

We SELL when the CCI(20) crosses down BELOW the -90 line(level).

Buy

For a BUY trade we want price to be trending down and ABOVE the 34ema.

We BUY when the CCI(20) crosses down ABOVE the +90 line(level).

Exit position at the opposite conditions or make profit with target 5-7 pips.

Initial stop loss 15-20 pips.

CCI Flash Scalping

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Forex trading with Volatility Market - forex market hours live

Forex trading with Volatility Market ~ forex market hours live

We will identify volatile market for forex trading:

Bollinger bands: very wide or visibly wider compared to last flat period.

CCI: levels of this indicator are far from 0 line and changing consistently to any direction.

RSI: levels of this indicator are below 40 or above 60, changing direction. We avoid trading if it stays somewhere around level of 50, as it indicate price consolidation or flat market.

Scenario 1 – moderate swings

Open buy:

(1) EMA5 crosses EMA10 from below to upper direction, (2) RSI crosses 50 line from below to upper direction and (3) Stochastic direction is up or just changed direction to up.

Important: if Stochastic indicator meets buy conditions, one of (1) and (2) conditions are met and other are close to these conditions buy order also should be opened.

Close buy:

(1) EMA5 crosses EMA10 from above to lower direction or (2) RSI crosses 50 line from above

to lower direction or (3) Stochastic crosses level of 80 from above to lower direction.

Open sell:

(1) EMA5 crosses EMA10 from upper to lower direction, (2) RSI crosses 50 line from above to lower direction and (3) Stochastic direction is down or just changed direction to down.

Important: if Stochastic indicator meets buy conditions, one of (1) and (2) conditions are met and other are close to these conditions sell order also should be opened.

Close sell:

(1) EMA5 crosses EMA10 from below to upper direction or (2) RSI crosses 50 line from below

to upper direction or (3) Stochastic crosses level of 20 from below to upper direction.

Scenario 2 – seeking for extremes

Open buy:

(1) Price candles became far below both EMAs and current current candle touches EMA5, (2) RSI reached level of around 30 or less and is reversing upwards and (3) Stochastic is below 50 line and it‘s direction is up or just changed direction to up and (4) CCI reached level below -100 (optimal if below -200) and is reversing upwards.

Important: if Stochastic indicator meets buy conditions, one of (1) (2) and (4) conditions are met and other are close to these conditions buy order also should be opened.

Close buy:

(1) EMA5 crosses EMA10 from above to lower direction or (2) RSI crosses 50 line from above

to lower direction or reached level of about 50 and reverses downwards or (3) Stochastic crosses level of 80 from above to lower direction.

Open sell:

(1) Price candles became far above both EMAs and current current candle touches EMA5, (2) RSI reached level of around 70 or more and is reversing downwards and (3) Stochastic is above 50 line and it‘s direction is down or just changed direction to downwards and (4) CCI reached level above 100 (optimal if above 200) and is reversing downwards.

Important: if Stochastic indicator meets buy conditions, one of (1) (2) and (4) conditions are met and other are close to these conditions sell order also should be opened.

Close sell:

(1) EMA5 crosses EMA10 from bellow to upper direction or (2) RSI crosses 50 line from below

to upper direction or reached level of about 50 and reverses upwards or (3) Stochastic crosses level of 20 from below to upper direction.

Forex trading with Volatility Market

First trade we missed quite nice trade oppurtunite, because Bollinger Bands indicated flat market.

So we start with the first trade: this is moderate swing trade, CCI and Stochastic confirmed the trade, while RSI and EMAs were about to confirm the trade on past candle, so we enter at the next candle opening. Exit confirmed by stochastic.

Second trade: market became volatile, indicated by bollinger bands. In thi case we see CCI and RSI extreme. We enter trade on next candle after the signals are confirmed. Exit is indicated by RSI crossing 50 line upwards.

Third trade: Bollinger bands and CCI indicates trending market. CCI comes close to level of 0 and RSI crosses 50 line down and then crosses back upwards, while Stochastic and EMAs confirm the trade. Exit is indicated by Stochastic.

Fourth trade: all indicators indicate moderate swing trade, while Bollinger bands stays wide indicating volatile market, so we enter at the next candle. Exit is indicated by Stochastic.

Fifth trade: here we see either „seeking for extreme“ moderate swing trade situation. Seeking for extreme situation suggests entering the trade one candle earlier, although entering later would still be profitable. Exit is indicated by Stochastic.

Sixt trade: the trade is still running as I am writing explanation now. This is normal moderate swing trade, all indicator confirms that so we enter at the next candle after confirmation.

Between trades 2 and 3 there is quite confusing situation. All signals are likely to confirm buy trade, but: Bollinger bands indicates trending market. But in trending market for a possitive trade, we need CCI to stay around level of 100, not being in extremes few candles earlier. In this situation we see that CCI just recovered from extreme of over 320, so it is dangerous time to take early trade. Anyway, if by mistake we would have taken this trade, the loss would be minor, compared with all other profitable trades

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EUR JPY testeaza suportul unghiului 1x1 - forex trading platforms list

EUR JPY testeaza suportul unghiului 1x1 ~ forex trading platforms list

Depreciere masiva in ultimele zile pe perechea Eur/Jpy. Cu toate acestea nu suntem interesati de short pe perechea Eur/Jpy. De ce? Dupa cum putem observa in graficul zilnic pretul in acest moment se gaseste pe suportul dinamic al unghiului 1x1 descendent care se afla in confluenta cu o fosta zona de cerere. Structura pretului este una corectiva. Din perspectiva noastra aceasta zona este una extrem de importanta pentru ca deschide oportunitatea unei intrari long cu target in zona lui 145. Evident este o pozitie long cu care va trebui sa avem rabdare pentru ca este o tranzactie pe termen mediu cu un potential de aproximativ 1700 de pips. Consideram deci ca EUR/JPY trebuie monitorizat foarte atent in perspectiva deschiderii unei tranzactii long cu un raport risc profit foarte bun.

Înscrieri la Cursurile de Analiz? Gann ?i abonare la Buletinul de Analiz? S?pt?mânal? Gann pe email
gannmasterforex@gmail.com  si pe Patreon.com

Daca analizele noastre va plac distribuiti link-ul prietenilor dumneavoastra pe canalele de socializare. Doriti sa aflati mai multe despre analiza Gann, puneti intrebari in rubrica noastra de comantarii. Va vom raspunde pe blog sau in privat dupa cum doriti.  

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The managemet of the risk - forex market hours monitor

The managemet of the risk ~ forex market hours monitor

The second principal component of a trading strategy is the management of trading  risk. Many isolate and identify many different forms of risk. To some extent, these different categorizations of risk can prove helpful when designing ways to manage them.

The New Oxford American Dictionary defines that aspect of risk of interest to us as “The possibility of financial loss.” Trading risk is defined as “The possibility of financial loss from the activity of trading or investing.”

This does sum it up rather well.No matter how many ways one chooses to view, define, and label risk, it is central to the understanding of trading risk to know that it is result of exposure to loss from any open trading position. Put more simply, if you have a position in a market, you are at

risk of losing money. Of course, you can make money in trading only by taking positions in the market.

One might say that this is the central dilemma of trading. To profit from trading, we must incur risk. As they say, “Nothing ventured, nothing gained.” However, and this is the bottom line, without the successful management of risk, there will come a day when we will no longer be able to

trade because of the cataclysmic trading losses that have come from our unmanaged risk.

The essence of good risk management is to risk as little trading capital as necessary so as to maximize profit. This is easy to say. Doing this well, however, is one of the most difficult aspects of trading strategy design.

Risk can be broken down into three broad categories: trade risk, strat- egy risk, and portfolio risk.

The definition of trade risk is: “The possibility of financial loss from an individual market position.”

The definition of strategy risk is: “The possibility of financial loss from the use of a trading strategy.”

The definition of portfolio risk is: “The possibility of financial loss at the portfolio level (potentially multistrategy, multiple time frame and mul- timarket) from the sum total of all trading therein.”

Let us examine each of these forms of risk in more detail.

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