This is simple system namely 3 Stoch MaFibo trading system. This system is using standard indicators in Metatrader and we can use this system to know the market condition and possible future direction of the trend movement, and for trading for example (template files are attached...
If i get my trading wrong, this will be my song!!!!!!!!!! :-) https://www.youtube.com/watch?v=fweDgi4Ab_s Or click source...
Generating better ideas Looking at 2014, most traders can find missed opportunities. The opportunities are missed because we were not focusing on the right markets or the right stocks in the right time frames...
What is price action trading? The basics of reading charts Support and resistance Basic set-ups and stop placement Two examples of trades from the forex market...
Author of all TrendStrength indicators are Igorad, there are a lot of similar indicators but his indicators can be used as a real filter to some systems, there are many Expert Advisors based on this indicators for MetaTrader 4, we can now build new Expert Advisor for MetaTrader 5...
https://www.facebook.com/pages/Stechkahnfahrer-Day-Trader/1630026300542971?ref=aymt_homepage_panel...
Not long ago I have thoroughly updated my indicator EvoLevels, and because the Market does not show updated products on any dedicated page (the only related one could be the Last page, but it shows brand new products only) there is a need to present the indicator to the public...
https://www.facebook.com/pages/Stechkahnfahrer-Day-Trader/1630026300542971?ref=aymt_homepage_panel...
Friday 8 may 2015 Ftse 100 trades. -15 ,-15, +22. B/e Election day, Ftse opened with some Volatility on the open, And calmed down a bit after about 10 Mins. Still confident with my trading system. You can't win everyday...
Thursday 7 May 2015 Ftse 100 Trades +20, -9, +7......... Despite it being an Election day in the UK, The Ftse 100 made some nice moves on the open and did not really effect the way i trade...
Lets to keep the long positions to 1203 as for sure TP. The next one target would be 1212. So if you want to keep your position for large amount of profit :) do not risk. Close the half at 1203 and trail the rest until 1212...
Stechkahnfahrer- Day Trader Wed 6 May Ftse 100 , -10,-11, +11 ,+10 , +18 pips. Not a bad morning on the Ftse, could not trade yesterday because of technical problems with my trading platform, so spent most of yesterday swearing and cussing with my broker...
For today R4 - 1.1389 R3 - 1.1336 R2 - 1.1290 R1 - 1.1225...
Monday 4 May 2015 British bank holiday, Ftse closed, all other indices open. Made 4 trades today. -15 , +18 , + 33, +20 The Dax is like a wild beast at the moment making big moves! I only traded the first 30 minutes...
This strategy is based on supports, resistances and price action. I draw supports and resistances on 5M timeframe and I look for entry on 1M timeframe chart...
