SIMPLE & PROFITABLE Trend-following Forex Trading Strategy!

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ForexSignals TV

ForexSignals TV

Күн бұрын

Пікірлер: 683
@jordanalbert2940
@jordanalbert2940 3 жыл бұрын
Jobs will pay your bills, business will make you rich but investment makes and keeps you wealthy.
@sherryclaudia3709
@sherryclaudia3709 3 жыл бұрын
You are right
@sherryclaudia3709
@sherryclaudia3709 3 жыл бұрын
people are too ignorant to know that Bitcoin is the future
@marktimothy9607
@marktimothy9607 3 жыл бұрын
Wow that's sounds great
@marktimothy9607
@marktimothy9607 3 жыл бұрын
So how does really works?
@natalynatasha3611
@natalynatasha3611 3 жыл бұрын
Please I really need help,just got scammed by some fake brokers
@ux1-15
@ux1-15 4 жыл бұрын
Give a man signals, you feed him for a day. Teach a man a strategy, you feed him for a lifetime.
@aminah1779
@aminah1779 3 жыл бұрын
lol if this strat is so successful why is he sharing it.. he could be billionaire :)
@ux1-15
@ux1-15 3 жыл бұрын
@@aminah1779 lighting a candle won't turn yours off.
@aminah1779
@aminah1779 3 жыл бұрын
@@ux1-15 indeed however most successful traders made their personal strategy, because following others will just set you back trust me. Best way is obviously mentoring and setting plan but free signals or even strategies is just newbie mistake.. i believe that is why 90% of traders fail they copy others. Some are day traders some are long term you need find yourself. If you are long term trader and you follow scalping strategy 😂 isn’t that waste of money and time.
@ux1-15
@ux1-15 3 жыл бұрын
@@aminah1779 you can take a strategy like this and adjust it to your personality. My first strategy was something similar to this as well.
@capkudatorbang4213
@capkudatorbang4213 5 жыл бұрын
This a treasure for me! I make money with your strategy! Thank you sir!
@philryan6247
@philryan6247 5 жыл бұрын
Brilliant - simple and clean and looking more at the price action using the candles rather than lots of indicators. Thanks you have completely uncomplicated my charts
@henrygarcia1792
@henrygarcia1792 3 жыл бұрын
Great stuff, I have seen so many videos and I am still confused about stock trade and investments, I tried to begin the stock trading myself but I was not successful. Now I wanna try again but this time, I need a good advice and directions to follow. I do not wanna loose my money, but I just have to try again, I do not give easily.
@veramonique1724
@veramonique1724 3 жыл бұрын
Definitely a great video, I saw many videos too when I was a beginner, I can confidently tell you that it is never easy. I also tried and failed until a friend of mine recommended a good stock broker and financial adviser to me. I followed her strategies and I started making profits. It is the best way to start.
@gilbertharold9762
@gilbertharold9762 3 жыл бұрын
Can you please tell me more, I really wanna start as soon as possible.
@veramonique1724
@veramonique1724 3 жыл бұрын
Anyway, despite the fact that I am successful in my achievements today, I honestly did not know where to start when I was a beginner, so I had a good licensed broker, who I trust to guide me through my every move. In fact she helped me trade most times. A friend of mine recommended her to me and I have been very grateful since.
@henrygarcia1792
@henrygarcia1792 3 жыл бұрын
you got any possible means of getting more info on her services?
@veramonique1724
@veramonique1724 3 жыл бұрын
Tamara Diane Hagan
@vwegbaadu3904
@vwegbaadu3904 4 жыл бұрын
Thanks man, you just turned me into a consistent trader. i appreciate your kind heart for sharing, more people needs to see this
@bismakhan3815
@bismakhan3815 3 жыл бұрын
Hey , ..... can you plz help me ? ....I want to use there signals
@eduardoibarra6655
@eduardoibarra6655 5 жыл бұрын
I love this strategy with EMAs. It’s simply and easy. Thanks for this piece of advice sir. I will apply this to my strategy and back testing it Greetings from Paraguay 🇵🇾
@moramissa1572
@moramissa1572 5 жыл бұрын
Is it profittable?
@MrFilbouldes
@MrFilbouldes 5 жыл бұрын
Thank you Sir. I have looked at a number of videos over the past year. This by far is the best strategy I have seen. Very simple powerful!!
@tinotendatrevormudarikwa8508
@tinotendatrevormudarikwa8508 5 жыл бұрын
@@ForexSignalsTV LOVE IT!!
@brunoonorati4247
@brunoonorati4247 3 жыл бұрын
Honor to the merit! This strategy, as a simplicity / profit ratio, is one of the best in existence. I have tested it in real on stocks, indices and forex, high timeframes. Everywhere I have always had amazing results. But be careful, it must be performed EXACTLY as illustrated.. Thanks Bruno Italy
@larsalexanderson191saz8
@larsalexanderson191saz8 Жыл бұрын
One Questions Sir, what if it is a bearish pin bar, but the colour is bullish (green). Should I then still follow this strategy or does it have to be the same colour as the trend?
@lonewolf133
@lonewolf133 5 жыл бұрын
Hi Sir. When calculating 2 pips above and below for Entry and Stop Loss, does it also include the wicks (if any) or only the body of the candles? And what do you suggest is the minimum required deposit for an account, that is suitable for one that is short of money? Is USD$100 ok?
@tapinaldo3010
@tapinaldo3010 5 жыл бұрын
Lone Wolf it’s more than enough you can easily trade with 100 dollars yeah man but start with low profit no need to hurry to get rich the more you trade more you learn so I guess knowledge and experience is a valuable assent that has use like in every part of your financial life and I tell it’s far more better than that lucky money you make through unlike and without much knowledge
@lonewolf133
@lonewolf133 5 жыл бұрын
@@tapinaldo3010 Thanks! :)
@lonewolf133
@lonewolf133 5 жыл бұрын
@@ForexSignalsTV Thank you!
@mikehardwicke23
@mikehardwicke23 5 жыл бұрын
Over a week's usage I've found this works just a treat - bravo!
@mikehardwicke23
@mikehardwicke23 4 жыл бұрын
@@jurgenwalter4062 640% return on your account in a month (or 2 or 3) through trading? Prove it!!
@jurgenwalter4062
@jurgenwalter4062 4 жыл бұрын
Mike Hardwicke inbox her on WhatsApp so you could talk more *‪+44 7723 753962*
@zetta484
@zetta484 3 жыл бұрын
Hi, does the E.A for this strategy is available inside the trading room? And does It scan for the trades or does It have the options to take them automatically? And how can i get deeper into details about It? Thanks a lot.
@Satoshi-st
@Satoshi-st 3 жыл бұрын
Run a search with his name, He will tell you everything you need to know about his service from his telegam user...,
@Satoshi-st
@Satoshi-st 3 жыл бұрын
Hazimarshad ..
@alabidavid3392
@alabidavid3392 5 жыл бұрын
Sir, I just bump into your channel and I can tell you that this video has changed my life... I have become very profitable with it. I love you from Africa...
@YGFAMILY2K
@YGFAMILY2K 5 жыл бұрын
Great Video! Quick question, what time frame chart are we supposed to use when we implement these strategies?
@wonli1960
@wonli1960 5 жыл бұрын
I was building a similar strategy, now i will simply follow your rules and add 2 component S/R and divergence. Thank a lot for this shortcut.
@izzuddincyrus1598
@izzuddincyrus1598 5 жыл бұрын
Wowww thts good
@Draig.cymraeg
@Draig.cymraeg 4 жыл бұрын
I'm pretty new to trading & working with a mahoosive begineer investment of £200, this video has helped me with a few trades and increased my success rate, the only time it failed is from my own inexperience and human error! I really appreciate the helpful uploads. Thank you!
@felixastin4707
@felixastin4707 5 жыл бұрын
The close below/above EMA 13 on the second trade is a good setup, thank you Mr. Phil Collins :)
@benetete4590
@benetete4590 4 жыл бұрын
How do you placed the trade to take the second profit? Will you be on your screen watching all and waiting for it to cross? Please help me out here
@johngore8443
@johngore8443 3 жыл бұрын
@@benetete4590 you place both trades at the start then scale out 1st then 2nd
@Jujukatrevinkatorze
@Jujukatrevinkatorze 4 жыл бұрын
After testing it for a while, it's really a good strategy. In my set up I only use it in a 1:1 ratio trade, with more than 50% of win rate it works ^^.
@shubhamchauhan8785
@shubhamchauhan8785 3 жыл бұрын
@@arthermax MOST OF HIS STRATEGIES USUALLY WORKS IN EURUSD , GBBPUSD, USDCHF
@TheGandorX
@TheGandorX 5 жыл бұрын
Great video, I watched it twice, and I have some questions. What does the strategy command us to do when a setup occurs while 50% of a previous trade is still open. In fact, in your example, around 15:41 you show a setup on the bullish pinbar while 50% of the trade on the bullish engulfment before it would still be open. My thoughts are: (a) Ignore while a trade is open (on the same currency), so don't open another trade. (b) open another trade as risk management allows (including the 50% open trade). @17:53 you spot a Bearish Engulfer, but the top of the body of the engulfing red candle is slightly below the top of the body of the green candle before it. This violates the engulfment condition as i understand it. So what is your definition of engulfing? I expect your tool is for MT4 so i cannot use it (I have Interactive Brokers TWS), so i need to know this detail. Similar question for the definition of pinbar. The definition i found is: the wick on one side is at least 3 times larger than the body + wick on the other side.
@kunkunaku
@kunkunaku 4 жыл бұрын
Thank you so much for your videos. You say to " take profit target 1=50% of trade = 1 x risk. And balance to break even" Then " take profit 2=remaining 50%. I'm a rookie and would ask you if you can show me using the order screen how to do this. I hope my question is clear.
@daviddonk
@daviddonk 5 жыл бұрын
Are you looking at the same EMAs on the anchor chart and on the trading chart?
@alanemslie7961
@alanemslie7961 5 жыл бұрын
What happens if the trade doesn't get triggered on the next candle after the pin bar/engulfing? Would you immediately cancel the pending order, or, do you have a candle expiry limit, i.e. wait 2 or 3 candles for the trade to be triggered?
@grayearnest
@grayearnest Жыл бұрын
Great stuff. I watch several youtube videos on how to trade in the market but haven't made any headstart because they are either talking some gibberish or sharing their story of how they made it and I do not want to make mistakes by taking risks in my own hands
@hinkiegarthright
@hinkiegarthright 4 ай бұрын
Hello, sir. Any good investments lately? I think we can exchange good projects😀
@vebasu
@vebasu 3 жыл бұрын
Thank you for great videos. I am beginner and little confused. For entering and leaving the trade you explain well here but what about the support and resistance levels that you explain at another video? Shall we discard those while following the averages and pin bar formats?
@MohitSharma-us8rl
@MohitSharma-us8rl 2 жыл бұрын
Obviously ! when using this strategy then only follow rules according to this. see when the price is in a downtrend it will not respect any support and the same way when the price is in an uptrend it will respect any resistance until it reaches up to major supply and demand zone and starts reversal.
@josephngoya9051
@josephngoya9051 2 жыл бұрын
Nice video.....thnx father Nimeipenda sana hii videos nimeelewa na nazani ntakuwa mzuri katika kutrading (AFRICA LANGUAGE)
@ForexSignalsTV
@ForexSignalsTV 2 жыл бұрын
Glad you liked our video, Joseph. Stay tuned for more.
@josephngoya9051
@josephngoya9051 2 жыл бұрын
Thnx
@JPMusicWarrior84
@JPMusicWarrior84 5 жыл бұрын
What is the best broker to use or witch one do you use?
@Trader_Logan
@Trader_Logan 2 жыл бұрын
This system is exactly the way I have found profitability this video should be a great starting point for any new trader it will absolutely work but depends on trade management.
@jason.morgan
@jason.morgan 5 жыл бұрын
This is great; simple yet thorough explanation, been testing it today and will continue for the next couple of weeks. Really appreciate the no-frills trading approach. Thanks so much
@andrenoorli8656
@andrenoorli8656 5 жыл бұрын
Do we need to consider the support and resistance level at anchor and trading chart?
@robertodlesta
@robertodlesta Жыл бұрын
do you do one on one classes? i'm based Bermondsay area.thanks Rob
@ForexSignalsTV
@ForexSignalsTV Жыл бұрын
Contact us on our website via chat for more info (www.forexsignals.com).
@modestypatino
@modestypatino 4 ай бұрын
Hi, what investments are you making? I think we can get to know each other.
@chrislefebvre1166
@chrislefebvre1166 3 жыл бұрын
I'm confused about the anchor charts. Can you explain this in more detail? I haven't found much about anchor charts online.
@YTRedo93
@YTRedo93 2 жыл бұрын
I wasn’t to sure how to go about doing a sell order, I couldn’t get my head around it for some reason, then I watched this video. You’ve explained it perfectly and I’m learning with every video I watch. Thank you.
@ForexSignalsTV
@ForexSignalsTV 2 жыл бұрын
Glad that this video helped. Stay tuned for more.
@adaaja1758
@adaaja1758 5 жыл бұрын
Hi Phil Collins... :D ... I just watched this last night and immediately put this in practice on a real account by opening Sell USDCHF @ 0.98899. I used M15 to snipe an entry point with H1 as anchor chart. TP 1 has definitely reached, but I still keep the trade open (not closing half position) as I use TS instead. I will definitely continue to use and practice this EMA strategy. Thanks for sharing the strategy, Andrew! Ohh.. I have subscribed & hit the bell icon too! :D
@mainstreammediasensation4615
@mainstreammediasensation4615 3 жыл бұрын
One of the best strategy for people like me who don't know and confused about making and using strategy for forex trading. You are a Master
@johnbrennan7175
@johnbrennan7175 5 жыл бұрын
SOLID STRATEGY!!!!. I really like this strategy and have successfully used for sometime now. I also like to use a 200ema on all my charts
@kurinchikumaran1092
@kurinchikumaran1092 4 жыл бұрын
does this work?
@tiger1295
@tiger1295 5 жыл бұрын
Just forward testing the strategy on my simulator. I found for example if I was risking 2% per trade. If I was stopped out I would lose the 2%. But the winners wouldn’t always obtain the 2% back. Meaning we would win 1% due to taking half but the remaining of the trade failed to get 1%. So would the early movement of stop help this.
@ranadesilva9432
@ranadesilva9432 5 жыл бұрын
may I know your simulator?
@azharshaikh544
@azharshaikh544 5 жыл бұрын
Excellent video ... I am a big follower and fan of your's ... Thanks!!!
@KEITH1JOY1PARRIS
@KEITH1JOY1PARRIS 5 жыл бұрын
Tried to join and my phone said invalid address.please let me know what l should do.
@paulmitchell9954
@paulmitchell9954 5 жыл бұрын
My favorite way to trade ... no headaches!
@Dubemize
@Dubemize 5 жыл бұрын
People follow and learn from this man. He truly knows what he is talking about and has core experience in the market.
@howardhill3395
@howardhill3395 3 жыл бұрын
Great video with a solid basic trading strategy. Thank you. In my back tests of this strategy, I find that the 2nd half of the trade often reaches 2:1 reward/risk. but if I leave it on for longer it often comes back to break even or a little higher. I am quite happy with taking profit on the 2nd half at 2:1
@RTMoney
@RTMoney 3 жыл бұрын
Thank you for sharing this!
@veronicamartinez2845
@veronicamartinez2845 5 жыл бұрын
Awesome Illustrations. It's actually not too complicated. Where does trend following strategies seem to work more effectively on? stocks, bonds or maybe assets.
@biaowang9678
@biaowang9678 5 жыл бұрын
Trend following comes and goes in it's effectiveness and time frame with just about every market. You may benefit from trend following strategies on assets that have both upwards and downward trends over time.
@gittanoman4949
@gittanoman4949 5 жыл бұрын
In trading, it's typically not the smartest trader that wins in the long run. It's the most disciplined one.
@dr.salcapozzi4889
@dr.salcapozzi4889 5 жыл бұрын
Many people jump into trading without an idea of what they do. The result is that 90% of them lose their accounts. Yes it is 90%, I have worked for 4 different brokers and that is true.
@jaykrshnachalla6756
@jaykrshnachalla6756 5 жыл бұрын
@@dr.salcapozzi4889 Beginning Forex trading doesn't seem so easy. There is internet and also the desire to trade. I am looking for education, where do I look for a start.
@dr.salcapozzi4889
@dr.salcapozzi4889 5 жыл бұрын
@@jaykrshnachalla6756 A good start is to use professional software for creating strategies, combined with online trading courses. This will help you anytime you are free, you might also consider contacting a professional (shannemoody: telegram). He is disciplined.
@peterchitsah6710
@peterchitsah6710 2 жыл бұрын
i played video twice, this is just an amazing lesson for a beginner. very useful strategy. I will try it out and backtest and come back to comment. Thank you once again!!!
@ForexSignalsTV
@ForexSignalsTV 2 жыл бұрын
Glad you enjoyed our videos, Peter. Stay tuned for more.
@chillydk147
@chillydk147 3 жыл бұрын
Thanks Andrew, I really like this strategy although there are 2 things that aren't quite clear to me 1. Do you like to see the fanning out of the moving averages on the lower timeframe also? 2. When you place a pending order, do you leave it in place until it either gets executed or the price closes beyond the 13EMA?
@mightjaazuz4348
@mightjaazuz4348 3 жыл бұрын
no tf :(
@27ayhel
@27ayhel 5 жыл бұрын
Thanks for the strategy.. I am a beginner and would like to know what platform you are using? thanks
@clarencethomas9088
@clarencethomas9088 2 ай бұрын
hahahaha! I was literally just thinking that you like a (younger) Phil Collins from the 80's. Then this video came on. On a serious note, I'm loving your content.
@navketan1965
@navketan1965 2 жыл бұрын
Trend on 4H chart is the best trend guide for majority of forex traders( if one keeps trades for 2-5 days. By the time trader realizes that trend on daily chart is up, market has already gone up about 3-5 days & if you ask supercomputer for the mathematical odds, computer tells you that odds are negative right from the start. Another reason is that trend on 1H chart can flip on A dime & your money is gone.Trend based on the last 5-10,four hourly candles has enough players behind it so that it would not flip on A dime, so trader has decent chance to make something without buying overpriced merchandise. Entry is on 15 minute price action.Sir , I Seek your wisdom?
@richardorsbourn8135
@richardorsbourn8135 3 жыл бұрын
I've just started following you. You are very clear, honest and easy to understand - even from a beginners perspective. Thank you for all your efforts at passing on your knowledge. Richard.
@broadbent96
@broadbent96 5 жыл бұрын
Great video Andrew and thanks for going into so much detail. I do have a question though. How would you set this trade up using MT4? If you opened a trade and you hit the first risk x1 profit target then the trade would close wouldn’t it? Can you set multiple T/P’s in MT4?? Also, when it comes to closing the trade when a candle closes about the 13EMA, is that just a matter of watching the charts closely or is there a way for MT4 to do that for you?
@jeffnovotny4498
@jeffnovotny4498 2 жыл бұрын
It depends what your software will allow. My MT4 only allows manual partial exits - unless someone else knows how to set a profit target for a partial position. For me it sets a limit for the entire position and I can't modify the amount, even if it's entered as two separate trades.
@joshuawilson9468
@joshuawilson9468 5 жыл бұрын
If you see a trend on the H1 chart, do you set stop loss and buy stops on that chart or on the M15/5?
@joshuawilson9468
@joshuawilson9468 5 жыл бұрын
Thank you for both replies! Really enjoy this strategy!
@gabriellong7900
@gabriellong7900 5 жыл бұрын
Nice one 👍
@robertsondaniels8913
@robertsondaniels8913 5 жыл бұрын
Yeah the video is lovely and very educating.
@MyKkata
@MyKkata 4 жыл бұрын
Hi thanks for your clear explanation. I've a quick question. If a trade is triggered, do we only focus on managing the active trade or look to add to the position? Example let's say that that a buy trade is active and we get another bullish engulfing pattern, say a few bars out. Now do we add a new buy order or just ignore this new signal? Thanks
@dcitron7914
@dcitron7914 5 жыл бұрын
Thank you for a great presentation. I am trying to backtest this stragedy just two questions. Does the engolfing candle have to close out of the 8 ma or between 8 and 13 or it can close anywhere? 2. Does the ema have to be fanned out in the anchor chart too or just on the trading chart? 3 Which moving averege to use , closing etc.
@Mike-ye8qv
@Mike-ye8qv 5 жыл бұрын
The story at the beginning alone made me hit subscribe. LMAO
@JainmiahSk
@JainmiahSk 5 жыл бұрын
WHEN I BACK TESTED YOUR MOVING AVERAGES. IT SUITES FOR 5Mints TIME FRAME. Thank You So Much. Its working fine
@JainmiahSk
@JainmiahSk 5 жыл бұрын
@@ForexSignalsTV Sir I'm from India and very much interested to join your traders room but it is asking payment. I want to see just once how traders room will be sir. If you don't mind just show once that room sir. Thankyou
@JainmiahSk
@JainmiahSk 5 жыл бұрын
@@ForexSignalsTV Really? Thank you so much sir.
@EmoMusicChannel_
@EmoMusicChannel_ 5 жыл бұрын
In Which time frame is your reference when you use this three moving averages?
@your_expert_advisor
@your_expert_advisor 5 жыл бұрын
seems like this strategy is simple to understand, however nothing being said about Anchor TF, which price action we should look for there before enter the trade on smaller TF... 🤷‍♂️
@gedalianiasoff4021
@gedalianiasoff4021 5 жыл бұрын
in my opion this looks good for scalping
@oliverash489
@oliverash489 5 жыл бұрын
Does this work on all pairs or do you only recommend on the major pairs like eur/usd etc?
@lisadarnell4808
@lisadarnell4808 5 жыл бұрын
Do you have a beginning trend analysis course or video? Btw a new subscriber and I like your no nonsense approach.
@Decu1990
@Decu1990 5 жыл бұрын
Great strategy, wow, but I have a questions: to identify the big trend, when the EMA begin to open, should the first three candles be long, without shadows and the color of the main trend? For buy three blue candle and for sell three red candle? Or is it the same? or just three candles out of the 8? Thanks trader
@paulmorgan8426
@paulmorgan8426 Жыл бұрын
Great video. I do have a question though. Is the anchor chart just to see the direction of the trend? Or do we need to see the setups on the anchor chart also or can we look for the setups on our trading chart? Thank you.
@ForexSignalsTV
@ForexSignalsTV Жыл бұрын
Hi Paul! About trading questions, we invite you to our our Forex Trading Coach inside our traderoom. Please visit www.forexsignals.com for more information on how to register.
@modestypatino
@modestypatino 4 ай бұрын
Hi, what investments are you making? I think we can get to know each other.
@zandroserolf247
@zandroserolf247 5 жыл бұрын
Hi sir, can you do video of Fundamental analysis? Thank you in advance!
@FizzyGravy
@FizzyGravy 5 жыл бұрын
Am very keen on starting to trade but I do not want to fall in the trap of trading without any knowledge. Will keep studying and learning. Hopefully in a couple months I can start applying what I've learned to the real charts. Cheers
@wot3ver
@wot3ver 5 жыл бұрын
1)Does the indicator work on ninja trader 8? 2) could a 15 min anchor chart be good to use if you enter of a 2 min chart? 4) isn’t a pin bar also known as a hammer or inverted hammer? 3) where can I get information on your courses? Thanks in advance
@wot3ver
@wot3ver 5 жыл бұрын
ForexSignals TV thank you very much for your response. If I decide to participate can I trade the futures equivalent of the currency pair you trade. Example euro/usd = 6E
@jeffreystaso
@jeffreystaso 4 жыл бұрын
With which brokerage company would you recommend one to start trading with sir?
@ameladeonn9558
@ameladeonn9558 3 жыл бұрын
(+1 6 0 2 4 2 8 1 2 8 9)
@hansbeeckman997
@hansbeeckman997 5 жыл бұрын
Do we need 3 candles in the Anchor Chart or the actual chart were we loof for the engulfers or pin bars?
@hezronsindin4862
@hezronsindin4862 5 жыл бұрын
So this strategy does not required the used of support and resistance?
@hezronsindin4862
@hezronsindin4862 5 жыл бұрын
@@ForexSignalsTV thank you for the tip. It is really helpful.
@navketan1965
@navketan1965 2 жыл бұрын
Sir,Do you recommend triangular forex trading eg- gbp/jpy gbp/usd, usd/jpy- sell overbought pair and buy oversold pair ONE BY ONE say based on 15 minute chart using cci reversals (at +100 cci or -100 cci levels)over and over again.Keep triangle balanced for risk control and if one leg is unbalanced use stop loss only on THAT LEG .Thank you
@ForexSignalsTV
@ForexSignalsTV 2 жыл бұрын
Contact us via chat in our website to know how you would be able to consult our traders and mentors: www.forexsignals.com
@anaaranguren3693
@anaaranguren3693 5 жыл бұрын
Hi! One question, is the trade valid if you do a pull back on the EMA 8? or does it necessarily have to be in EMA 13? Greetings from Colombia and thanks for sharing your strategy! :)
@AndrewGrantSJ
@AndrewGrantSJ 5 жыл бұрын
Thank you for this Andrew, I am going to go and backtest it and see if I can combine it into my trading plan. On a different note, I was wondering if you could do a short video on life as a full time trader from a freelance/home business point of view. As you're based in the UK, perhaps you could give us an insight into the tax implications of a trader and what the best setup is. For people who just trade and don't run their own business, what do you suggest? Self-assessment, Ltd company or keep quiet because actually HMRC doesn't require us to declare profits from spread betting?
@hadyboustany4524
@hadyboustany4524 4 жыл бұрын
What do you mean by proper backtesting? Do you mean that we need to do it manually on chart history, or use a backtesting software?
@NorwegianDayTrader
@NorwegianDayTrader 4 жыл бұрын
At 20:17 , how do you sell out the last 50% at the 13 EMA when the candle stick closes way below? And you said that you did not sell the last 50% when it touched 13 EMA, only when it closed below.
@HAHA-lh7fu
@HAHA-lh7fu 3 жыл бұрын
what currency pair this works the best with?
@petervarcoe7907
@petervarcoe7907 5 жыл бұрын
At 15:53, you are describing a ¨Pin Bar¨entry, if you already have the previous open position, would you not move your SL to the SL of the new position once it opens, thereby protecting the open profit in the 1st position?
@brianwright1009
@brianwright1009 4 жыл бұрын
Thank you so very much. I'm quite new to trading and have watched countless videos on youtube. Your tutorials are on point with great illustrations and live charts. I like how you explain everythingwith as little indicators as possible. I'm on a binge watching all your videos. You definely gained a fan here. Thank you sir. I'm crossing my fingers hoping for one of your giveaways. And for those who are having problems understanding candlesticks, I suggest you check out his video on the subject. Crystal clear.
@Stevenbeepat
@Stevenbeepat 5 жыл бұрын
If the price is entering the Ema Arrays in the Anchor chart.. What should i do?
@acephyo7222
@acephyo7222 4 жыл бұрын
should I close position , when opposite candlestick pattern occurs ?
@charlesisitua678
@charlesisitua678 2 жыл бұрын
Nice strategy! which currency pairs do you advise we back-test it on as each pair has its unique characteristics and not every pair will be suited ?
@ForexSignalsTV
@ForexSignalsTV 2 жыл бұрын
Thank you for the feedback! Feel free to join the Trading room on 7-days free trial and our Market Analysts will be more than happy to answer all of your questions. Here is a link: www.forexsignals.com/#register-tab
@crappyclips9213
@crappyclips9213 5 жыл бұрын
This may seem silly, but say we notice this trend buy/sell how would I enter buy/sell either above or below 2 pips? Do I need to wait for current value to hit this 2 pip value or open my position ASAP?
@randyfree6009
@randyfree6009 5 жыл бұрын
can this be used to trade forex if you only have limited time to trade? I can only trade from 8:30am EST to 3:00pm EST. Would there be enough signals to make this feasible? Thanks!
@lenex88
@lenex88 5 жыл бұрын
For the anchor chart.. if it’s a bullish trend, do the 3 candles need to be all green or just being above the EMAs is enough? Vice versa for a bearish trend.
@lenex88
@lenex88 5 жыл бұрын
Thank you!
@jasdevsodhi1937
@jasdevsodhi1937 4 жыл бұрын
Where do we exit? When price closes above which moving average? 8 or 13?
@zhinnafi9523
@zhinnafi9523 4 жыл бұрын
Thanks, Is it a MUST that the PULLBACK should move inside the MAs??
@navketan1965
@navketan1965 2 жыл бұрын
Please recommend one best prop firm you would deal with now & WHY. In traders Prop Accounts is Hedging Allowed(firm names)? Also For Hedged positions Is any margin required after hedging is completed? For open hedged positions carried overnight how is daily loss limit calculated next day of trading?.
@forexpump220
@forexpump220 4 жыл бұрын
Would you use an ATR for set the buy/sell stop and stop loss?
@hcchoker5622
@hcchoker5622 4 жыл бұрын
What platform / broker do you use PLZ
@Steef848
@Steef848 4 жыл бұрын
does a bullish bar need to hit the 13 EMA in a sell trade for profit target 2?
@oupambatha6997
@oupambatha6997 5 жыл бұрын
Sounds good man thanks . now how do i get the tool ?
@kenstephen6534
@kenstephen6534 5 жыл бұрын
Question - when the first PT is hit - do you have to move the stop loss to break even manually or is it auto on the platform??
@avilatrades5492
@avilatrades5492 5 жыл бұрын
Hello Mr. Lockwood, my question is about if this strategy can be applied to other instruments such as oil or stocks..i know that the have different behavior but i just want to tray on them. Thank you
@shubhampreetsingh8630
@shubhampreetsingh8630 5 жыл бұрын
@@ForexSignalsTV yup because every price action is because of demand supply
@alhasbypranaja9267
@alhasbypranaja9267 5 жыл бұрын
@@shubhampreetsingh8630 And that's before your trade reached its proper risk/reward target. which means your trade’s floating profits start dropping as the market goes through corrections. Most traders can’t handle the fact their trades profits may dip back into the negative a few times before actually taking off. The market needs to move up before it can move down again and that's demand and supply pendulum. This is one part of the market’s behavior that you need to accept and get your head around. *Iqd momentum strategy lukasz wilhelm(iqdtrades.com) teaches me better rules in trade* . search and find details on net.
@kayasflowers7521
@kayasflowers7521 4 жыл бұрын
Good morning, I have one question. Why should I close transactions after one impulse. I can't hold one deal until the trend is over and secure the profit by moving stoploss?
@michaelwarwick3960
@michaelwarwick3960 5 жыл бұрын
hi love the vlogs, quick question in the above strategy your risk management has your exiting and entering placed around the bullish/bearish engulfed or pin bar yet in a previous vid you suggested counting back the five previous candles from the pullback then work risk management using the high or lows involved, are you entering quicker on the bullish /bearish engulfer and pin bar as it is stronger signal opposed to the other method
@deevog
@deevog 4 жыл бұрын
I tried this simple strategy it fixed my mind well so I Doubled account with one trade , It was my small account , but can say a simple way is better instead of complex with tons of indicators and very hard to decide where to trade
@sizwejohn3829
@sizwejohn3829 4 жыл бұрын
Been following you for a long time normally i don’t entertain adverts that happen on Facebook but your strategies are so good i am happy that now the big guys are coming in to teach us whats real than to teach us complicated stuff i wish i had money to pay for the Forexsignals.com but price is same as trading account so disappointing but with some back testing and more learning i will pay for the coarse i am very happy i am watching all your video’s everyday
@jamestiong2279
@jamestiong2279 5 жыл бұрын
I remember your last video of the same strategy shows Entry and SL at the last 5 bars Low & High. Why is this video shows the Entry/SL at Signal bar? Isn't the last 5 bars safer/better ? It would be insignificant if the signal bar is a short range bar. Any comment?
@cakemkrcody
@cakemkrcody 4 жыл бұрын
Wow! This seems really easy to grasp. I’ll be testing on the demo account later today!
@alial-big98
@alial-big98 4 жыл бұрын
good luck!
@Resource2014
@Resource2014 2 жыл бұрын
At what time frame do you identify entry trades using the 8,13 and 21 Moving averages Sir?
@ForexSignalsTV
@ForexSignalsTV 2 жыл бұрын
Contact us through chat on our website to know how you could consult our analysts inside the Trading Room: www.forexsignals.com
@bedengler
@bedengler 5 жыл бұрын
How should we consider the spreads in calculating SL and TP? I‘d guess that in a long position we take the bid price for the calculation and for short trades the ask price. Right?
@bedengler
@bedengler 5 жыл бұрын
@@ForexSignalsTV Do you recommend a broker for this?
@ranadesilva9432
@ranadesilva9432 5 жыл бұрын
@@ForexSignalsTV In raw spreads,Commission is high,Isn't it?
@theuniversetraveller
@theuniversetraveller 4 жыл бұрын
Dear Sir! Great video! Just one question in regards closing 50% of your trade. Do you open 2 different trades of the same size, or do you just monitor the chart non-stop and closing the trade manually as soon as the target is achieved?
@jeffnovotny4498
@jeffnovotny4498 2 жыл бұрын
It depends what your software will allow. My MT4 only allows manual partial exits - unless someone else knows how to set a profit target for a partial position. For me it sets a limit for the entire position and I can't modify the amount, even if it's entered as two separate trades.
@nthatisimotaung2744
@nthatisimotaung2744 5 жыл бұрын
First time watching your videos. Wow I learnt so much from this one... Thank so much Subscribed... From South Africa
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