mcx jobbing

Friday, 16 August 2013

TREND FOLLOWING MADE EASY

screen

 

 

Trend trading made easy


Long entry : 1- MACD must be above 0 line.
             2- Price must be above Spat smooth Heinken Hashi
             3- Cynthia entry stop turning from magenta to aqua (always wait for the bar to close and enter on next candle)
             4- Stochastic oscillator pointing up
             4- Look for additionnal informations from GG trendbar, signal, Ribbon trader, FerruFx multi info and Stratman                       minichart to see how is the trend going on other timeframes
             5- Use the latest swing high for stop loss
             6- Take profit when opposite signal from Cynthia entry stop or just use turtle strategy (it is your choice)
                You can also use pivot points to take profits.
            
             In my conclusion, I only use Weekly pivots and I only use Weekly supports and resistances too. My take profits are always based on weekly pivots and not daily pivots

            
Short entries: Opposite from long entries.

         
This system works on any pair, any timeframe.

I personally prefer xauusd, audusd and euraud as they are not as volatile as major pairs, so the risk to touch my stop loss is very minimal. On major pairs, you have to absolutely use the latest swing high or low as stop loss and not the cynthia entry stop as stop loss.


So in this strategy you have the entry, the stop loss and the take profit.

Good luck!
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Posted By Low brokerage19:03

USD INR VS GOLD (1 YEAR ANALYSIS)

Filled under:

COMPARISION OF USD-INR WITH GOLD  FOR THE LAST ONE YEAR.

GOLD2

 

PICTURE SAYS IT ALL. ISN’T IT.

Posted By Low brokerage06:12

MARKET UPDATE

Filled under: ,

gold

 

 

GOLD NOW TRADING AT 1365 $ . NEXT SUPPORT IS SEEING AT 1395-1400 $ LEVEL.

DAILY RSI LEVEL AT 68

STOCH. AT 88

STRATEGY :- SELL ON RISE NEAR 1400$

 

 

crude

 

LIGHT SWEET CRUDE OIL NOW TRADING AT 107.46. IMMEDIATE SUPPORT SEEING AT 108 $. BREAK OF 108 $ CAN TAKE CRUDE TO 110 $.

 

GOLDMCX

GOLD NOW TRADING AT 30300. ITS ABOVE ALL SUPPORT AREAS AND ARE LIKELY TO TOUCH NEXT RESISTANCE SEEING AT 30800-31100 IN COMING WEEKS.

STRATEGY :- SELL ON RISE NEAR 31000 FOR A TARGET OF 29500 OR BELOW.

 

 

COPPER

 

 

COPPER NOW TRADING AT 462 LEVEL.

DAILY RSI IS OVERBOUGHT AT 83.

STRATEGY :- SELL BELOW 458 FOR A TARGET OF 448 –435.

Posted By Low brokerage05:42