6. Get Top Trading Signals with the RSI

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "6. Get Top Trading Signals with the RSI"

Transcription

1 INTERMEDIATE 6. Get Top Trading Signals with the RSI The Relative Strength Index, or RSI, is one of the most popular momentum indicators in technical analysis. The RSI is an oscillator that moves between the values of 0 to 100, helping to signal overbought and oversold conditions in the price. The RSI is useful across a number of time horizons. The basic premise is that the RSI looks at the number of days in a given time period where the price is up, compared to the number of days the price is down. The formula then calculates where the price is trading relative to the action over the period in question. In the original study, the inventor of the RSI, Welles Wilder used 14 periods as the optimum number to use. This means that on the daily chart, you use the 14 day RSI; and on the hourly chart you would use the 14 hour RSI. However, the parameters can be adjusted to meet the needs of the user. Shorter-term traders may like to use fewer periods when calculating the RSI, with the 9 period RSI often a popular calculation. Reducing the number of periods in the calculation will result in increased volatility and more signals, with quicker moves into the overbought/oversold territories. However, the downside of this is that there is an increased propensity for false signals. Calculation Using an adaptation from the original Welles Wilder formula, the RSI can be calculated as: RSI = RS where RS = The average gain over the number of periods The average loss over the number of periods The formula calculates a number in a range between 0 and 100. Broadly speaking a reading above 70 is used to suggest that the price is overbought, while a reading below 30 is used to suggest that it is oversold. 1

2 6. Bollinger Bands Figure 1: The 14 day RSI on EUR/USD N.B. Do not confuse the RSI with the Relative Strength Ratio One of the reasons why the RSI is known by its acronym is to avoid confusion with the Relative Strength Ratio, which is an indicator that measures the performance of one instrument relative to another. In Figure 1, Euro/Dollar is a highly liquid forex pair and the limit of 70 is rarely breached on the RSI. Therefore when the RSI moves above 70 this tends to be a very good indication that the momentum has become stretched and the chances of a trend reversal setting in are high. The RSI helps to identify whether the price has been unreasonably pushed to current levels and whether a reversal may be on the way. Reading the RSI If the RSI is above the 50 level and advancing, momentum over the period being studied is considered to be positive. Conversely, if the RSI is below 50 and in decline, momentum over the period being studied is considered to be negative. In his original work, Wilder found that the instrument became overbought when the RSI went above 70 and became oversold when the RSI fell below 30. The RSI can therefore help to identify signs of exhaustion in a trend. However, exactly how you analyse the RSI will depend on whether the price is trading in a strongly trending market (either up or down) or whether it is in a ranging market. Trading the RSI in a trending market It is also worth noting that in a trending market the RSI can remain stretched for an extended period. By the way the RSI is calculated, in a strong trend, there will often be sustained periods of positive trading days. Subsequently, the more up days that are seen in the calculation period, by definition, the RSI can sustain a move above 70. It can therefore be a gauge of the strength of the trend and not always a sign of a reversal. The opposite can often be seen in a strong downtrend. Figure 2: Trading the RSI in a trending market on GBP/USD Therefore best way to trade with the RSI in a trending market is to trade in the direction of the trend. In a strong uptrend the RSI will often use the 50 level (or sometimes between 40 and 50) as the limit of the downside before the buying pressure resumes. This would be used as a chance to buy. Looking for bearish divergences (explained below) can be a signal to take profit on long positions. It is unadvisable to go short in a strong uptrend. 2

3 Trading the RSI in a ranging market The classic use of the RSI is as part of a mean reversion study. Traders can use the oversold 30 level to buy (or close short positions) and the overbought 70 level to sell short (or close long positions). Figure 3: Trading the RSI in a ranging market on USD/JPY Using RSI to generate trading signals 1 Crossover signals A crossover is a buy or sell signal that is generated when the RSI moves to an extreme level and then begins to retrace the move. The crossover uses the levels that Welles Wilder deemed to be overstretched, with 30 considered oversold and 70 considered overbought. RSI crossover signals will work much better in a ranging market, because in a strongly trending market the RSI can fluctuate around overbought/oversold for some time before a reversal takes hold. In ranging markets, RSI crossovers and divergences (see later) can be the trigger signals. The crossover buy signal is generated by a sell-off that takes the RSI below 30 and then a recovery sees the RSI cross back above 30, with the signal generated as the prices crosses back above 30. The crossover sell signal is generated when a strong move higher in the price pushes the RSI above 70 and into overbought territory, only to be followed by a correction which results in the RSI crossing back below 70, which is the sell signal. Figure 4: RSI crossover signals on GBP/USD 3

4 2 Bullish and Bearish Divergences Traders will also look for divergences on the RSI as further indication of a trend reversal. In a bull market, if new highs are posted on the price at the same time that the RSI is in decline, this suggests that the strength of the upside momentum is waning. This is a Bearish Divergence and implies that there is an increased likelihood of a reversal in the price. A Bullish Divergence is the opposite and is seen in a bear market, where there are new lows on the price which are accompanied by higher lows on the RSI. The caveat for trading divergences comes with the fact that a divergence between the price and the RSI can continue for some time before a reversal sets in. 3 Failure swings A failure swing can occur in both an uptrend and a downtrend. In a bull market, a failure swing is a sell signal. It forms where the RSI moves into an extreme position above 70, only to then pull back below 70. The RSI then resumes a move higher only to create a second peak which is at or below the previous peak. The failure swing is then complete on a move back below the first low. The RSI takes the form of an M shaped pattern. In a bear market, a failure swing is formed where the RSI moves into an extreme position below 30, with a rally causing a low in the RSI and pulling it back above 30. The selling pressure resumes and drags the RSI back below 30, to create a second low either at or above the previous low. A failure swing is then completed as an improvement in the RSI pulls it back above the previous reaction high, thus forming a W shaped pattern. The best triggers are seen with a combination of the signals. For example, a bearish divergence with a failure swing is a powerful sell signal. Figure 5: An RSI bearish divergence with a failure swing on Euro/Dollar N.B. As with all of our indicators we recommend against trading with indicators in isolation. We would always look for confirmation signals in other studies to improve the conviction of our analysis. 4

5 Trust Through Transparency Hantec House, Wilfred Street, London SW1E 6PL T: +44 (0) F: +44 (0) E: W: hantecfx.com Risk Warning for Educational Material This document is issued by Hantec Markets Limited, who is authorised and regulated by the Financial Conduct Authority (FCA) in the UK, No The document is prepared and distributed for information and education purposes only. Trading in Foreign Exchange (FX), Bullion and Contracts for Differences (CFDs) is not suitable for all investors due to the high risk nature of these products. Forex, Bullion and CFDs are leveraged products that can result in losses greater than your initial deposit. The value of an FX, Bullion or CFD position may be affected by a variety of factors, including but not limited to, price volatility, market volume, foreign exchange rates and liquidity. You may lose your entire initial stake and you may be required to make additional payments. Please ensure you fully understand the risks involved, seeking independent advice if necessary prior to entering into such transactions. Before deciding to enter into FX, Bullion and/or CFD trading, you should carefully consider your investment objectives, level of experience, and risk appetite. You should only invest in FX, Bullion and/or CFD trading with funds you are prepared to lose entirely. Therefore, only your excess funds should be placed at risk and anyone who does not have such excess funds should completely refrain from engaging in FX and/or CFD trading. Do not rely on past performance figures. If you are in any doubt, please seek further independent advice. This document does not constitute personal investment advice, nor does it take into account the individual financial circumstances or objectives of the clients who receive it. All information and research produced by Hantec Markets is intended to be general in nature; it does not constitute a recommendation or offer for the purchase or sale of any financial instrument, nor should it be construed as such. All of the views or suggestions within this document are those solely and exclusively of the author, and accurately reflect his personal views about any and all of the subject instruments and are presented to the best of the author s knowledge. Any person relying on this document to undertake trading does so entirely at his/her own risk and Hantec Markets does not accept any liability. Figure 4: Range trading using the Bollinger Bands on Silver T: +44 (0) F: +44 (0) E: W: hantecfx.com

Chapter 2.3. Technical Analysis: Technical Indicators

Chapter 2.3. Technical Analysis: Technical Indicators Chapter 2.3 Technical Analysis: Technical Indicators 0 TECHNICAL ANALYSIS: TECHNICAL INDICATORS Charts always have a story to tell. However, from time to time those charts may be speaking a language you

More information

Chapter 2.3. Technical Indicators

Chapter 2.3. Technical Indicators 1 Chapter 2.3 Technical Indicators 0 TECHNICAL ANALYSIS: TECHNICAL INDICATORS Charts always have a story to tell. However, sometimes those charts may be speaking a language you do not understand and you

More information

MATHEMATICAL TRADING INDICATORS

MATHEMATICAL TRADING INDICATORS MATHEMATICAL TRADING INDICATORS The mathematical trading methods provide an objective view of price activity. It helps you to build up a view on price direction and timing, reduce fear and avoid overtrading.

More information

Trend Determination - a Quick, Accurate, & Effective Methodology

Trend Determination - a Quick, Accurate, & Effective Methodology Trend Determination - a Quick, Accurate, & Effective Methodology By; John Hayden Over the years, friends who are traders have often asked me how I can quickly determine a trend when looking at a chart.

More information

Disclaimer: The authors of the articles in this guide are simply offering their interpretation of the concepts. Information, charts or examples

Disclaimer: The authors of the articles in this guide are simply offering their interpretation of the concepts. Information, charts or examples Disclaimer: The authors of the articles in this guide are simply offering their interpretation of the concepts. Information, charts or examples contained in this lesson are for illustration and educational

More information

Technical Indicators Tutorial - Forex Trading, Currency Forecast, FX Trading Signal, Forex Training Cour...

Technical Indicators Tutorial - Forex Trading, Currency Forecast, FX Trading Signal, Forex Training Cour... Page 1 Technical Indicators Tutorial Technical Analysis Articles Written by TradingEducation.com Technical Indicators Tutorial Price is the primary tool of technical analysis because it reflects every

More information

Trading Technical Analysis Signals With Option Spreads. By Steve Lentz Director of Education, DiscoverOptions Mentoring

Trading Technical Analysis Signals With Option Spreads. By Steve Lentz Director of Education, DiscoverOptions Mentoring Trading Technical Analysis Signals With Option Spreads By Steve Lentz Director of Education, DiscoverOptions Mentoring Disclaimer The views of third party speakers and their materials are their own and

More information

How I Trade Profitably Every Single Month without Fail

How I Trade Profitably Every Single Month without Fail How I Trade Profitably Every Single Month without Fail First of all, let me take some time to introduce myself to you. I am Kelvin and I am a full time currency trader. I have a passion for trading and

More information

atching Currency Moves with The Schaff Trend Cycle Indicator

atching Currency Moves with The Schaff Trend Cycle Indicator JULY/AUGUST 2002. VOLUME 4 CRunning a trend indicator through a cycle oscillator creates an effective entry technique into today s strongly trending currency markets, says Doug Schaff, a 20-year veteran

More information

CHART TRADING GUIDE 1

CHART TRADING GUIDE 1 CHART TRADING GUIDE 1 How to understand chart trading This guide is designed to teach you the basics of chart trading- the chart patterns that are covered in this booklet can be used for short and medium

More information

Stochastic Oscillator.

Stochastic Oscillator. Stochastic Oscillator. By Jay Lakhani www.4x4u.net George Lane was the originator of the stochastic indicator in the 1960 s; the indicator tracks the market momentum. Lane observed that as prices rise

More information

Advanced Trading Systems Collection MACD DIVERGENCE TRADING SYSTEM

Advanced Trading Systems Collection MACD DIVERGENCE TRADING SYSTEM MACD DIVERGENCE TRADING SYSTEM 1 This system will cover the MACD divergence. With this trading system you can trade any currency pair (I suggest EUR/USD and GBD/USD when you start), and you will always

More information

Welcome to FOREX e-book

Welcome to FOREX e-book Welcome to FOREX e-book Table of Contents 1. About BRAND... 2 2. Trading Platforms... 3 3. What is Traded in the Forex Market?... 4 4. What is Forex?... 4 5. Advantages of the Forex Market... 5 6. How

More information

THE MACD: A COMBO OF INDICATORS FOR THE BEST OF BOTH WORLDS

THE MACD: A COMBO OF INDICATORS FOR THE BEST OF BOTH WORLDS THE MACD: A COMBO OF INDICATORS FOR THE BEST OF BOTH WORLDS By Wayne A. Thorp Moving averages are trend-following indicators that don t work well in choppy markets. Oscillators tend to be more responsive

More information

FREEFOREXEBOOK.ORG. Forex Trading

FREEFOREXEBOOK.ORG. Forex Trading FREEFOREXEBOOK.ORG Forex Trading Index Index 2 I - Forex Advantages 3 II 5 Myths about Forex Trading 5 III How Can I Start Making Money on Forex? 7 III.1 Educate Yourself 7 III.2 Plan How You Will Trade

More information

Forex Volatility Patterns

Forex Volatility Patterns Spotting Early Breakouts Forex Volatility Patterns BRUCE WALDMAN Want to catch 40 to 00 pips in each trade? Here s how you can find those entry and exit signals to make your forex trading a success. C

More information

Timing the Trade How to Buy Right before a Huge Price Advance

Timing the Trade How to Buy Right before a Huge Price Advance Timing the Trade How to Buy Right before a Huge Price Advance By now you should have read my first two ebooks and learned about the life cycle of a market, stock, or ETF, and discovered the best indicators

More information

8 Day Intensive Course Lesson 5 Stochastics & Bollinger Bands

8 Day Intensive Course Lesson 5 Stochastics & Bollinger Bands 8 Day Intensive Course Lesson 5 Stochastics & Bollinger Bands A)Trading with Stochastic Trading With Stochastic What is stochastic? Stochastic is an oscillator that works well in range-bound markets.[/i]

More information

Highly Active Manual FX Trading Strategy. 1.Used indicators. 2. Theory. 2.1. Standard deviation (stddev Indicator - standard MetaTrader 4 Indicator)

Highly Active Manual FX Trading Strategy. 1.Used indicators. 2. Theory. 2.1. Standard deviation (stddev Indicator - standard MetaTrader 4 Indicator) Highly Active Manual FX Trading Strategy This strategy based on a mixture of two styles of trading: forex scalping, trend following short-term strategy. You can use it for any currency. Timeframe M15.

More information

8 Day Intensive Course Lesson 3

8 Day Intensive Course Lesson 3 8 Day Intensive Course Lesson 3 A) What are Fibonacci Retracements? Fibonacci Retracements What are Fibonacci retracements? Levels at which the market is expected to retrace to after a strong trend. Based

More information

DAILY TECHNICAL REPORT

DAILY TECHNICAL REPORT RESEARCH TEAM DAILY TECHNICAL REPORT DISCLAIMER & DISCLOSURES Please read the disclaimer and the disclosures which can be found at the end of this report EUR / USD Moving higher. EUR/USD has been range-bound

More information

Day Trade System EZ Trade FOREX

Day Trade System EZ Trade FOREX Day Trade System The EZ Trade FOREX Day Trading System is mainly used with four different currency pairs; the EUR/USD, USD/CHF, GBP/USD and AUD/USD, but some trades are also taken on the USD/JPY. It uses

More information

Technical Analysis. Technical Analysis. Schools of Thought. Discussion Points. Discussion Points. Schools of thought. Schools of thought

Technical Analysis. Technical Analysis. Schools of Thought. Discussion Points. Discussion Points. Schools of thought. Schools of thought The Academy of Financial Markets Schools of Thought Random Walk Theory Can t beat market Analysis adds nothing markets adjust quickly (efficient) & all info is already in the share price Price lies in

More information

A GUIDE TO WL INDICATORS

A GUIDE TO WL INDICATORS A GUIDE TO WL INDICATORS GETTING TECHNICAL ABOUT TRADING: USING EIGHT COMMON INDICATORS TO MAKE SENSE OF TRADING What s a technical indicator and why should I use them? What s the market going to do next?

More information

ADX breakout scanning ADX breakouts can signal momentum setups as well as exit conditions for intraday and swing traders. FIGURE 1: AFTER ADX > 40

ADX breakout scanning ADX breakouts can signal momentum setups as well as exit conditions for intraday and swing traders. FIGURE 1: AFTER ADX > 40 TRADING STRATEGIES ADX breakout scanning ADX breakouts can signal momentum setups as well as exit conditions for intraday and swing traders. BY KEN CALHOUN FIGURE 1: AFTER ADX > 40 Spotting volatility

More information

SYNERGY Trading Method. CompassFX, 2009 www.compassfx.com Rev. 81009

SYNERGY Trading Method. CompassFX, 2009 www.compassfx.com Rev. 81009 SYNERGY Trading Method SYNERGY Method INSTALLATION Basic Synergy is designed to automatically download onto the C: drive of your computer. If your local drive is not the C: drive, please send an email

More information

High Probability Trading Triggers for Gold & Silver

High Probability Trading Triggers for Gold & Silver Welcome to a CBOT Online Seminar High Probability Trading Triggers for Gold & Silver Presented by: John Person Sponsored by Interactive Brokers Live Presentation Starts at 3:30 PM Chicago Time NOTE: Futures

More information

EUR/USD Trading Strategy

EUR/USD Trading Strategy EUR/USD Trading Strategy TRADING SIGNALS TRADING EDUCATION TRADING STRATEGIES Kathy Lien & Boris Schlossberg www.bkforex.com TRADING SIGNALS & TRADING EDUCATION Risk Disclosure BKForex LLC is a registered

More information

Take it E.A.S.Y.! Dean Malone 4X Los Angeles Group - HotComm January 2007

Take it E.A.S.Y.! Dean Malone 4X Los Angeles Group - HotComm January 2007 Take it E.A.S.Y.! Dean Malone 4X Los Angeles Group - HotComm January 2007 Dean Malone Partner of Compass Foreign Exchange, LLC. Co-Founder of Forex Signal Service.com. Previous Senior National for 4X Made

More information

TRADING SECRET NO. 3 How to combine two simple tools to capture big trending moves, especially in currencies

TRADING SECRET NO. 3 How to combine two simple tools to capture big trending moves, especially in currencies TRADING SECRET NO. 3 How to combine two simple tools to capture big trending moves, especially in currencies 25 Currencies have a reputation for being markets that trend well. And, every business day over

More information

Trade for Big Profits: The Top Stock Methodology

Trade for Big Profits: The Top Stock Methodology 1 In an effort to help you make money in every market condition, I share with you how I view the market and how I use the various indicators to put together a winning trading action plan in Top Stocks.

More information

The Building Blocks for Succeeding with Forex Trading

The Building Blocks for Succeeding with Forex Trading The Building Blocks for Succeeding with Forex Trading This e-book was created by traders and for traders with the aim of equipping traders with the right skills of earning big returns from trading forex

More information

Trading Education. July 2014. The Art of Short-Term Trading the FTSE 100 Index. The Art of Short Term Trading the FTSE 100 Index

Trading Education. July 2014. The Art of Short-Term Trading the FTSE 100 Index. The Art of Short Term Trading the FTSE 100 Index READ OUR FULL RISK WARNING. Spread betting, Contracts for Differences (CFDs) & Foreign Exchange (FX) are leveraged products & carry a high level of risk to your capital as prices might move rapidly against

More information

THE POWER OF FOREX OPTIONS

THE POWER OF FOREX OPTIONS THE POWER OF FOREX OPTIONS TOPICS COVERED Option basics Call options Put Options Why trade options? Covered call Covered put Hedging your position using options How to repair a trading position THE POWER

More information

Trade Stocks Like A Pro

Trade Stocks Like A Pro Trade Stocks Like A Pro 5 TIPS Plus 3 Picks International Traders Expo New York By Dr. Charles B. Schaap, Jr. 5 Tips Tip #1: Use ADX to Trade Power Trends Tip #2: Use RSI (50/50 Strategy) for Timing the

More information

I Really Trade. Trading Patterns for Stocks & Commodities. Introducing The False Break Buy and Sell Pattern

I Really Trade. Trading Patterns for Stocks & Commodities. Introducing The False Break Buy and Sell Pattern 2008 Trading Patterns for Stocks & Commodities It doesn t matter if you are a longterm investor, short swing trader or day trader, you are always looking for an advantageous spot to enter your position.

More information

How to use Hamzei Analytics CI and DCI Indicators By Fari Hamzei

How to use Hamzei Analytics CI and DCI Indicators By Fari Hamzei How to use Hamzei Analytics CI and DCI Indicators By Fari Hamzei A key element of your success in trading is early detection of the trend before the next big move occurs. Seeing the next trend in prices,

More information

FX Trading Guide: 4 Simple Ways to Spot a Trend JON MCFARLANE AND VERNON LEES

FX Trading Guide: 4 Simple Ways to Spot a Trend JON MCFARLANE AND VERNON LEES FX Trading Guide: 4 Simple Ways to Spot a Trend JON MCFARLANE AND VERNON LEES 0 BetOnMarkets 2011 Foreword We wrote this guide to give people wanting to trade Financial Fixed Odds some simple tools and

More information

ID ING WHEN TO BUY AND SELL USING THE STOCHASTIC OSCILLATOR

ID ING WHEN TO BUY AND SELL USING THE STOCHASTIC OSCILLATOR ID ING WHEN TO BUY AND SELL USING THE STOCHASTIC OSCILLATOR By Wayne A. Thorp Stochastics work best with those securities that are currently trading within a particular range and may prove useful in identifying

More information

Chapter 3.4. Forex Options

Chapter 3.4. Forex Options Chapter 3.4 Forex Options 0 Contents FOREX OPTIONS Forex options are the next frontier in forex trading. Forex options give you just what their name suggests: options in your forex trading. If you have

More information

Definitions to Basic Technical Analysis Terms. www.recognia.com

Definitions to Basic Technical Analysis Terms. www.recognia.com Definitions to Basic Technical Analysis Terms www.recognia.com A Alert An alert is a notification sent when a significant event occurs in one or more investments of importance to a trader. Recognia sends

More information

New York Traders Expo 2012

New York Traders Expo 2012 New York Traders Expo 2012 with JAMES CHEN, CTA, CMT Director of Technical Research and Education All rights reserved, FXDD Inc. 2010 Today s Topic: High Probability Strategies for Trading Forex www.fxdd.com

More information

THE CYCLE TRADING PATTERN MANUAL

THE CYCLE TRADING PATTERN MANUAL TIMING IS EVERYTHING And the use of time cycles can greatly improve the accuracy and success of your trading and/or system. THE CYCLE TRADING PATTERN MANUAL By Walter Bressert There is no magic oscillator

More information

ALL RIGHTS RESERVED TO REAL-FOREX.COM

ALL RIGHTS RESERVED TO REAL-FOREX.COM Golden cross of moving Averages Strategy General: The golden cross is a strategy that is based on moving averages in the volatile hours of trading session with best value during the London and New York

More information

THE DOLLAR S RIPPLE EFFECT

THE DOLLAR S RIPPLE EFFECT LPL RESEARCH WEEKLY MARKET COMMENTARY KEY TAKEAWAYS Using intermarket analysis is important to reduce the risk of missing vital directional clues within the financial markets. Recently, a strong U.S. dollar

More information

Trading Multiple CCI Time Periods

Trading Multiple CCI Time Periods Trading Multiple CCI Time Periods Trader: Mark Whistler Within Forex, there s something professional traders call, chasing indicators. Sadly, so many retail traders with the mindset that trading Forex

More information

CURRENCY TRADING Using Swing Breakouts in Forex Trading

CURRENCY TRADING Using Swing Breakouts in Forex Trading CURRENCY TRADING Using Swing Breakouts in Forex Trading 28 MAY 2009 Doug Schaff discusses the use of intermediate swing highs and swing lows to develop a shortterm approach to trading the currency markets.

More information

STREET SMARTS I. Planetary 2 Library. Introduction: Benefits: L I B R A R I E S

STREET SMARTS I. Planetary 2 Library. Introduction: Benefits: L I B R A R I E S Planetary 2 Library STREET SMARTS I Introduction: In today s world of computer trading, the small speculator often feels at a disadvantage to traders and corporations that have access to more powerful

More information

International Academy of Exchange Trading. Lesson 9: A Simple Trading System

International Academy of Exchange Trading. Lesson 9: A Simple Trading System Contents Lesson 1: All you need is... Lesson 2: Forex lowdown Lesson 3: Leverage (a little help from your friends) Lesson 4: Orders Lesson 5: A beginner s guide to technical analysis Lesson 6: Technical

More information

FOREX analysing made easy

FOREX analysing made easy FOREX analysing made easy UNDERSTANDING TECHNICAL ANALYSIS An educational tool by Blackwell Global Contents Technical Analysis 2 Line Chart 3 Bar Chart 4 Candlestick Chart 5 Support and Resistance 6 Fibonacci

More information

My Techniques for making $150 a Day Trading Forex *Note for my more Advanced Strategies check out my site: Click Here

My Techniques for making $150 a Day Trading Forex *Note for my more Advanced Strategies check out my site: Click Here My Techniques for making $150 a Day Trading Forex *Note for my more Advanced Strategies check out my site: Click Here The Strategy We will be looking at 2 different ways to day trade the Forex Markets.

More information

FOREIGN EXCHANGE CYCLES:

FOREIGN EXCHANGE CYCLES: January 1999 FOREIGN EXCHANGE CYCLES: Get Ready to Sell the Upcoming Cycle Top in the Dollar versus the Deutschemark Trade Sell the Dollar-Mark on a break below last week's low of 1.6625 and look for 5

More information

Hidden Divergence. Stocks & Commodities V. 14:7 (285-289): Hidden Divergence by Barbara Star, Ph.D. NEW TECHNIQUES. by Barbara Star, Ph.D.

Hidden Divergence. Stocks & Commodities V. 14:7 (285-289): Hidden Divergence by Barbara Star, Ph.D. NEW TECHNIQUES. by Barbara Star, Ph.D. Stocks & Commodities V. : (8-8): Hidden Divergence by arbara Star, Ph.D. NEW TECHNIQUES Hidden Divergence Divergence, which is a term that technicians use when two or more averages or indices fail to show

More information

DAILY TECHNICAL REPORT

DAILY TECHNICAL REPORT RESEARCH TEAM DAILY TECHNICAL REPORT DISCLAIMER & DISCLOSURES Please read the disclaimer and the disclosures which can be found at the end of this report EUR / USD Bouncing back. EUR/USD is now moving

More information

The Crown pattern BY DENNIS BOLZE FIGURE 1 FROM HEAD-AND-SHOULDERS TO BULL CROWN

The Crown pattern BY DENNIS BOLZE FIGURE 1 FROM HEAD-AND-SHOULDERS TO BULL CROWN & UTURS The rown pattern H e r e s a way to use some specific calculations to improve the odds of trading a variation of a classic chart pattern on an intraday basis. Y NNIS OLZ IGUR 1 ROM H-N-SHOULRS

More information

A.R.T Core Portfolio Trading Plan June 2015

A.R.T Core Portfolio Trading Plan June 2015 A.R.T Core Portfolio Trading Plan June 2015 ABSOLUTE RETURN TRADING PTY LTD ACN 603 186 634 Trading ASX Equities Long/Short using CFDS CFDs are a very powerful and effective tool if used correctly. Using

More information

A SIMPLE GUIDE TO CFDS (Contracts For Differences)

A SIMPLE GUIDE TO CFDS (Contracts For Differences) A SIMPLE GUIDE TO CFDS (Contracts For Differences) CONTENTS INTRODUCTION 3. INTRODUCTION 4. TERMINOLOGY 5. WHAT IS A CFD 6. ADVANTAGES 8. XTRATA LONG 11. XTRATA TRADE TABLE 12. VODAFONE SHORT 16. RISKS

More information

This library is included for Platinum Club members, and may be purchased separately for the Gold version of Trade Navigator.

This library is included for Platinum Club members, and may be purchased separately for the Gold version of Trade Navigator. Planetary 2 Library I C H I M O K U C L O U D L I B R A R Y Introduction: In 1969, Goichi Hosada, a journalist in Tokyo, developed a very versatile indicator that has withstood the test of time. The Ichimoku

More information

Professional Trader Series: Moving Average Formula & Strategy Guide. by John Person

Professional Trader Series: Moving Average Formula & Strategy Guide. by John Person Professional Trader Series: Moving Average Formula & Strategy Guide by John Person MOVING AVERAGE FORMULAS & STRATEGY GUIDE In an online seminar conducted for the Chicago Board of Trade, I shared how to

More information

THIS IS THE TRADING METHOD FOR THE STEALTH FOREX TRADING SYSTEM V10

THIS IS THE TRADING METHOD FOR THE STEALTH FOREX TRADING SYSTEM V10 THIS IS THE TRADING METHOD FOR THE STEALTH FOREX TRADING SYSTEM V10 YOU SHOULD HAVE ALREADY READ AND APPLIED THE INFORMATION IN THE SET-UP DOCUMENT. IF YOU HAVE NOT ALREADY DONE SO - PLEASE COMPLETE SET

More information

WELCOME TO FXDD S BULLISH OPTIONS STRATEGY GUIDE

WELCOME TO FXDD S BULLISH OPTIONS STRATEGY GUIDE GLOBAL INTRODUCTION WELCOME TO FXDD S BULLISH OPTIONS STRATEGY GUIDE A bullish options strategy is one of the most common starting points for options trading beginners. Bullish options strategies are designed

More information

INTRODUCTION - TIPS - STRATEGY

INTRODUCTION - TIPS - STRATEGY EBOOK INTRODUCTION - TIPS - STRATEGY Table of Contents 1. What are Binary Options 2. The flow of decisions in a Trade 3. Advantagesw 4. Risk Management 5. What You Need to Succeed 6. Risk Tolerance 7.

More information

Joint Account Application Form

Joint Account Application Form Joint Account Application Form D-ASD-02-02 v.3.0 1 Introduction Welcome to Hantec Markets Limited Hantec Markets Limited (HML) is authorised and regulated by the Financial Conduct Authority (FCA Firm Reference.

More information

Individual Account Application Form

Individual Account Application Form Individual Account Application Form D-ASD-02-01 v.3.0 1 Introduction Welcome to Hantec Markets Limited Hantec Markets Limited (HML) is authorised and regulated by the Financial Conduct Authority (FCA Firm

More information

Pivot Point Trading. If you would rather work the pivot points out by yourself, the formula I use is below:

Pivot Point Trading. If you would rather work the pivot points out by yourself, the formula I use is below: Pivot Point Trading You are going to love this lesson. Using pivot points as a trading strategy has been around for a long time and was originally used by floor traders. This was a nice simple way for

More information

BROKER SERVICES AND PLATFORM

BROKER SERVICES AND PLATFORM BROKER SERVICES AND PLATFORM A broker is an individual who executes buy and sell orders and get commission in the form of SPREAD (I will talk about SPREAD in the subsequent lessons). You trade through

More information

SPOT FX Trading Strategies. Copyright Powerup Capital Sdn Bhd

SPOT FX Trading Strategies. Copyright Powerup Capital Sdn Bhd SPOT FX Trading Strategies Currency Codes USD = US Dollar EUR = Euro JPY = Japanese Yen GBP = Great Britian Pound CHF = Swiss Franc CAD = Canadian Dollar AUD = Australian Dollar NZD = New Zealand Dollar

More information

An Overview of the Fibozachi FOREX Force : A FOREX Command Center Page 3. Fibozachi FOREX Force : A Birds-Eye View of the FX Market Page 5

An Overview of the Fibozachi FOREX Force : A FOREX Command Center Page 3. Fibozachi FOREX Force : A Birds-Eye View of the FX Market Page 5 An Overview of the Fibozachi FOREX Force : A FOREX Command Center Page 3 Fibozachi FOREX Force : A Birds-Eye View of the FX Market Page 5 The Hierarchy of Currencies: Reverse Symbols Explained Page 7 The

More information

The Ultimate Fibonacci Guide By Fawad Razaqzada, technical analyst at FOREX.com

The Ultimate Fibonacci Guide By Fawad Razaqzada, technical analyst at FOREX.com The Ultimate Fibonacci Guide By Fawad Razaqzada, technical analyst at FOREX.com Who is Fibonacci? Leonardo Bonacci also known as Leonardo Fibonacci was an Italian mathematician in the 12 th century. He

More information

Analyst Report 02.07.15

Analyst Report 02.07.15 Analyst Report 02.07.15 Stock: easyjet PLC L,lldfdfdfddfgddd Time Horizon: 6-12 months Share Type: Bluechip (FTSE100) Current Price: 1579p Price Target: 2100p Despite the disruption of air traffic strikes

More information

FUTURES STRATEGY: Short-term CCI p. 10. ADJUSTING TO stock index futures shift p. 14. STRADDLES, STRANGLES, and volatility p. 16

FUTURES STRATEGY: Short-term CCI p. 10. ADJUSTING TO stock index futures shift p. 14. STRADDLES, STRANGLES, and volatility p. 16 May 2009 Volume 3, No. 5 FUTURES STRATEGY: Short-term CCI p. 10 ADJUSTING TO stock index futures shift p. 14 STRADDLES, STRANGLES, and volatility p. 16 FEAR AND LOATHING in the options market p. 20 TRADING

More information

Simple & Consistent Fibonacci Method Prepared by: Simone Guy. {Free learning resource: NOT FOR RESALE}

Simple & Consistent Fibonacci Method Prepared by: Simone Guy. {Free learning resource: NOT FOR RESALE} Simple & Consistent Fibonacci Method Prepared by: Simone Guy {Free learning resource: NOT FOR RESALE} 3/13/2010 Overview This is a mechanical trading method that is based on Support and Resistance. The

More information

Welcome to the world of forex FOREX TRADER STARTER KIT. Varengold Bank AG, Grosse Elbstrasse 27, 22767 Hamburg, Germany

Welcome to the world of forex FOREX TRADER STARTER KIT. Varengold Bank AG, Grosse Elbstrasse 27, 22767 Hamburg, Germany Welcome to the world of forex FOREX TRADER STARTER KIT 1 Content Introduction... 3 What is foreign exchange trading?... 4 Why is forex the most attractive market to trade?... 5 Why Varengold MetaTrader?...

More information

Trading Education. July 2014. The Five Key Elements of CFD Trading. The Five Key Elements of CFD Trading INTRODUCTION

Trading Education. July 2014. The Five Key Elements of CFD Trading. The Five Key Elements of CFD Trading INTRODUCTION READ OUR FULL RISK WARNING. Spread betting, Contracts for Differences (CFDs) & Foreign Exchange (FX) are leveraged products & carry a high level of risk to your capital as prices might move rapidly against

More information

C Evolution General Brochure 1114:C Gen Evolution Broch 0314 24/11/2014 12:22 Page 1 Evolution Strategy

C Evolution General Brochure 1114:C Gen Evolution Broch 0314 24/11/2014 12:22 Page 1 Evolution Strategy Evolution Strategy Introduction to Chryson Chryson is a boutique stockbroking firm, operating from Glasgow. We are regulated by the Financial Conduct Authority, reference 491208, and have been trading

More information

Investors Intelligence Using Point & Figure Charts

Investors Intelligence Using Point & Figure Charts Investors Intelligence Using Point & Figure Charts www.investorsintelligence.com, January 2005 Point and figure (p&f) charts provide a simple, yet disciplined method of identifying current or emerging

More information

How to put momentum strategies in context to achieve high percentage winning trades. Suzanne Bodlovic sue@lbrgroup.com

How to put momentum strategies in context to achieve high percentage winning trades. Suzanne Bodlovic sue@lbrgroup.com How to put momentum strategies in context to achieve high percentage winning trades Suzanne Bodlovic sue@lbrgroup.com Tonight I will show you how this workspace will change the way you approach the markets

More information

The information contained herein is derived from sources we believe to be reliable, but of which we have not independently verified. Forexyard.

The information contained herein is derived from sources we believe to be reliable, but of which we have not independently verified. Forexyard. STRATEGIES FOR FOREX MARKET PREDICTIONS IN 2011 By: Russel Glaser, Chief Market Analyst: FOREXYARD Date: February 2011 In this Issue: 1. Incorporating Long Term Charts for Market Predictions 2. What is

More information

Subscriber s Guide The DT Daily Forex Report How To Access The Reports DT Just-In-Time Service For The Intermediate and Long Term Position

Subscriber s Guide The DT Daily Forex Report How To Access The Reports DT Just-In-Time Service For The Intermediate and Long Term Position Subscriber s Guide The DT Daily Forex Report The DT Daily Forex Report is for swing and short term traders who look for positions that typically last at least a few days and day traders who key off the

More information

Pattern Recognition Software Guide

Pattern Recognition Software Guide Pattern Recognition Software Guide 2010 Important Information This material is for general information only and is not intended to provide trading or investment advice. All analysis and resulting conclusions

More information

Bringing Some High Energy into the New Year

Bringing Some High Energy into the New Year Bringing Some High Energy into the New Year NYMEX crude oil futures experienced a significant price increase in 2011, albeit with high volatility, like many asset classes in the period. NYMEX crude oil

More information

STOCK TRADING INDICATORS EXPLAINED. How To Make Profit Trading Stocks Using Indicators

STOCK TRADING INDICATORS EXPLAINED. How To Make Profit Trading Stocks Using Indicators STOCK TRADING INDICATORS EXPLAINED How To Make Profit Trading Stocks Using Indicators Contents What are Indicators?... 4 The ADX Indicator... 5 How to Use ADX Indicator... 5 Technical Indicator ADX...

More information

Trading The Precision Way

Trading The Precision Way 1 Trading The Precision Way Follow the Smart Money 1 2 Risk Warning All information that is provided in this seminar is for educational purposes only. Trade with Precision and its representatives are not

More information

Scalping Trade Strategies April 14, 2009

Scalping Trade Strategies April 14, 2009 www.fxcm.com sales@fxcm.com Scalping Trade Strategies April 14, 2009 DailyFX Research Team John Kicklighter David Rodriguez Currency Strategists 1-212-897-7660 1-888-50-FOREX (36739) Just a decade ago,

More information

Thinking Man s Trader

Thinking Man s Trader Thinking Man s Trader Advanced Trader s Package Trading is a three dimensional world and the Advanced Trader s Package covers all three. Dimension three: Market Dynamics, conditions and change of conditions

More information

By J.J. Glenellis Copyright 2009, Simple4XSystem.net

By J.J. Glenellis Copyright 2009, Simple4XSystem.net FOREX SCALPEL By J.J. Glenellis Copyright 2009, Simple4XSystem.net DISCLAIMER Commodity Futures Trading Commission: Futures and options trading have large potential rewards, but also large potential risk.

More information

Battle Tested Forex Trading Strategies. Kathy Lien www.bkforexadvisors.com

Battle Tested Forex Trading Strategies. Kathy Lien www.bkforexadvisors.com Battle Tested Forex Trading Strategies Kathy Lien www.bkforexadvisors.com *Past performance is not indicative of future results. Trading foreign exchange on margin carries a high level of risk, and may

More information

GO Markets Trading Tools

GO Markets Trading Tools GO Markets Trading Tools Expert Advisors One of the most popular features of MetaTrader4 and the reason it is the world leader in Forex trading is because of the ability to use Expert Advisors. EAs are

More information

FxPro Education. Introduction to FX markets

FxPro Education. Introduction to FX markets FxPro Education Within any economy, consumers and businesses use currency as a medium of exchange. In the UK, pound sterling is the national currency, while in the United States it is the US dollar. Modern

More information

Evolution Strategy. Evolution Highlights. Chryson Evolution Strategy & Performance 2012-2013

Evolution Strategy. Evolution Highlights. Chryson Evolution Strategy & Performance 2012-2013 Evolution Strategy Chryson Evolution Strategy & Performance 20-20 Evolution Highlights Trading with defined strategy Trade CFDs only in FTSE 100 companies Utilising short and long positions Due to the

More information

Real Time Short-Term Trading Gregory McLeod Currency Strategist

Real Time Short-Term Trading Gregory McLeod Currency Strategist Real Time Short-Term Trading Gregory McLeod Currency Strategist Risk Disclosure Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree

More information

Trading with ATR Price Projections.

Trading with ATR Price Projections. By Nitin Suvarna Trading with ATR Price Projections. J. Welles Wilder developed "Average True Range" (ATR) as a tool for a more precise calculation of price activity and volatility. True Range measure

More information

VBM-ADX40 Method. (Wilder, J. Welles from Technical Analysis of Stocks and Commodities, February 1986.)

VBM-ADX40 Method. (Wilder, J. Welles from Technical Analysis of Stocks and Commodities, February 1986.) VBM-ADX40 Method " I ve found that the most important thing in trading is always doing the right thing, whether or not you win or lose this is market savvy money management... I would go so far as to say

More information

Commodity Channel Index

Commodity Channel Index Commodity (CCI) Developed by Donald Lambert, the Commodity (CCI) was designed to identify cyclical turns in commodities but can be applied to shares as well. The Commodity Channel Index uses a typical

More information

The Shark Attack System

The Shark Attack System The Shark Attack System by Ashwani Gujral Reviewed and recommended by Rita Lasker & Green Forex Group Disclaimer Please be aware of the loss, risk, personal or otherwise consequences of the use and application

More information

offering a comprehensive range of investment products and services.

offering a comprehensive range of investment products and services. Linear Investments is a global investment manager offering comprehensive range of Investments is aaglobal investment manager investment products and services Linear offering a comprehensive range of investment

More information

WELCOME TO Trading Boot Camp Day 2

WELCOME TO Trading Boot Camp Day 2 Icoachtrader Consulting Service www.icoachtrader.weebly.com WELCOME TO Trading Boot Camp Day 2 David Ha Ngo Trading Coach Phone: 1.650.899.1088 Email: icoachtrader@gmail.com The information presented is

More information

EUR/USD Tips and Trading Strategies. Kathy Lien www.bkforex.com

EUR/USD Tips and Trading Strategies. Kathy Lien www.bkforex.com EUR/USD Tips and Trading Strategies Kathy Lien www.bkforex.com Past performance is not indicative of future results. Trading forex carries a high level of risk, and may not be suitable for all investors.

More information

LIVE@ W O R K B O O K

LIVE@ W O R K B O O K LIVE @ W O R K B O O K SHORT SKIRT TRADING The Most Bang for the Buck in the Least Amount of Time. By Linda Raschke COVERING: INDICES, DAY TRADING AND MONEY MANAGEMENT Linda will teach the "Short Skirt"

More information

The Jim Berg Entry and Exit System. 1.

The Jim Berg Entry and Exit System. 1. The Jim Berg Entry and Exit System. 1. Note. The description below is given for educational purposes only in order to show how this may be used with AmiBroker charting software. As described here it is

More information