Mindblown: a blog about philosophy.
-
Breaking of the Double Volatility Channel strategy
Instruments: The strategy fits all instruments. Timeframe: M15 and above. Indicators: RSI (11) Levels (35, 65); 20 SMA High; 20 SMA Low; 5 SMA High; 5 SMA Low. When to open long positions: If 5 SMA High line is above 20 SMA High and the RSI (11) is above 65, a long position can be…
-
CCI Trading Strategy
Despite being called the Commodity Channel Index (CCI) this indicator is not just for commodities. It can be used for all markets. The CCI is an indicator which oscillates back and forth, above and below zero. It can be used in multiple ways; here are two strategies that utilize it. Basic CCI Strategy The developer…
-
EMA, Stochastic and RSI Trading System
Time frame: Any.Currency: Any.Indicators: 5 EMA, 10 EMA, Stochastic (14, 3, 3), RSI (14, 70, 30) Entry rules: Buy when 5 EMA crosses above 10 EMA and Stochastic lines are heading north (up) and Stochastic is not in overbought position (above 80.00 level) and RSI is above 50. Entry rules: Sell when 5 EMA crosses below 10 EMA and Stochastic lines are heading south (down) and Stochastic is not in oversold…
-
1 Min Scalping with Double CCI Scalping Strategy For MT4
1 Minute Scalping Strategy PDF STRONG SIGN: This particular indicator powerful 1 min scalping system is best in facility who allows new patterns for trading and has great benefits of it every time day trading works perfectly. This is for supporting bounce systems and windows to monitor RSI Indicator to show price worth and this…
-
Jarroo Strategy in Forex
Contents Main principles of Price Action technique Basic notions of Jarroo method How to trade using Jarroo method? Individual notes – DCC Stops, profits, etc. Today, no-indicator trading systems are at the height of their popularity. They are successfully used by both beginners who do not have enough technical skills and practical understanding of the…
-
Scalping
Scalping is making a very short-term trade for a few pips usually using high leverage. Scalping typically is best done in conjunction with a news release and supportive technical conditions. The trade can last anywhere from a few seconds to a few hours. Many beginning forex traders start with scalping, but it does not take long…
-
Trading Forex Options
A forex option is an agreement to purchase a currency pair at a predetermined price at a specified future date. For example, say you are long the EUR/USD at 1.40, and you feel that there is a chance that it will fall to 1.38 in overnight trading. Not wanting to risk a deeper reaction, you…
-
Position Trading
Position trading is trading based on your overall exposure to a currency pair. Your position is your average price for a currency pair. For example, you might make a short trade on EUR/USD at 1.40. If the pair is ultimately trending lower but happens to retrace up, and you take another short at say 1.42,…
-
Hedging Forex
Hedging is a way to reduce risk by taking both sides of a trade at once. If your broker allows it, an easy way to hedge is just to initiate a long and a short position on the same pair. Advanced traders sometimes use two different pairs to make one hedge, but that can get very…
-
Run For Profit
You do all the work to find good trading opportunities; intermediate Forex traders may want to think about running their profits. There are many ways to do this however the key is to be consistent. Here are two examples: Using price structure Moving averages Once your trade breaches a key swing level, you can start…
Got any book recommendations?