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Showing posts from August, 2023

Triangle Pattern strategies - How to trade triangle pattern strategies

Triangles are technical analysis tools that belong to continuation patterns. This pattern frequently develops in response to a trend. For this, you need to draw them on the chart to easily identify them. You must first identify at least two highs and two lows along the trend to draw a triangle pattern. A straight line should be drawn between the two highs and the two lows and then extend the two lines together until they form a triangle. You'll learn more about the three different triangles in this guide. I'll also show you how to put them to use in your binary options trading or forex trading. Triangle patterns you must know Triangle patterns are divided into three categories: ascending triangles, descending triangles, and symmetrical triangles. As previously stated, each triangle must have at least two highs and two lows connected by two lines intersecting at the apex. Let's take a closer look at each of the three triangle patterns. The symmetri...

The moving average indicator explained in simple terms

A moving average indicator is a key indicator that illustrates the direction of price movement. The mathematical price average of a certain time as indicated by candlestick quantity is used while processing moving averages. To determine the value of a five-candlestick period, for example, the indicator divides the sum of their closing values by five. The indicator then advances one candlestick forward and performs the same calculations. Mathematics of moving average A trader can create a smoother chart direction by building up a line of result values. By indicating the present trend, it smooths out price spikes. Moving average smooths price bursts The price sensitivity decreases as the period lengthens. However, the price chart's lag grows. You can choose the period of the candlesticks and the calculation technique in the indicator settings. Different periods of moving average Types of moving averages Simple moving average The simple moving averag...

Deriv Ripper - All in one indicator for all Indices

What if you had 1 indicator you could use and rely on to trade all indices? well, introducing Deriv Ripper . Deriv Ripper is a new indicator that will assist you in deciding whether to go long or short. It has a low lag and a high level of accuracy. This straightforward indicator is ideal for traders who prefer to keep things simple and dislike complex indicators that repaint a lot. volatility 75 deriv ripper How to use the Deriv Ripper indicator As you can see, this indicator provides clear buy (blue arrow pointing up) and sell (red arrow pointing down) signals (red arrow pointing down). You should be aware that if the indicator contradicts the existing general trend, you should not enter the trade. If the chart is in an uptrend and you see a blue arrow, go long; if you see a red arrow, do nothing (just close your long position if you have one open); if the chart is in a downtrend and you see a blue arrow, close your short position but don't go long; if you see a re...

How to use the Support and resistance helper MT5 Indicator

This indicator can help you draw support and resistance lines. This one displays trend extremes (max and min), which can be used as support and resistance points for determining current trend channels. It’s a simple indicator that finds the highest and lowest points over a period of time and marks them with dots. This indicator is a a very simple custom indicator that shows the chart's local tops and bottoms with red and blue dots near them. It examines the highest and minimum values during a given time period, compares them to the trading range for any asset, and if the top/bottom is significant enough, it is marked with a dot. Because the dots' locations may vary when the indicator redraws, it should not be utilized to generate trading signals. How to use the Support and reistance hyelper MT5 Indicator It is critical to recognize that this indicator cannot be utilized to generate genuine trading signals. You can't sell when the red dot appears or buy when t...

How to use the Boom and Crash PIP Scalper Indicator

Learn how you can use the Boom and Crash PIP Scalper Indicator. You can download it from here . What is the Boom and Crash PIP Scalper Indicator? This indicator offers signals for buying and selling for Boom and Crash as they climb up from the bottom and fall from the top by recognizing the local tops and bottoms of the chart it was applied to. When the indicator lines cross, it's a good hint to take profits or leave with a small loss. On the cross, this indicator can transmit sound and e-mail notifications. This works on MT5 only. When to buy and sell: As you can see, trading is simple when you use this indicator. Simply buy when the blue line rises from the bottom and the red line reaches the range's middle; sell when the blue line falls from the top and the red line reaches the range's center. When the red line reaches the opposite side of the range, exit for a profit or a minimum loss. Watch the video here Download it here https://keithrai...

Step Index Scalping Strategy (Hunting Strategy)

If you use the full margin available to you in trading, you can literally double your account overnight or lose it all in a couple of hours. Traders with a lot of experience restrict their leverage and never take such a big risk. To scalp the Step index or any other index, the "hunting" method is a very basic scalping setup that only requires a price chart and one indicator. Tools needed for the step index hunting strategy In a nutshell, you'll need a price chart and an Alligator indicator to get started. Alligators are ruthless hunters in the wild, as you may know, praying on their prey in the undergrowth. Smoothed moving averages are used in the Williams Alligator indicator, which is a technical analysis tool. To begin, the indicator calculates a smoothed average using a simple moving average (SMA). It employs three moving averages with periods of five, eight, and thirteen periods. The Jaw, Teeth, and Lips of the Alligator are made up of three moving averages...

Elliot Wave Theory Explained and how to use it

Ralph Elliott was a theorist and a professional accountant. In the 1930s, he identified the fundamental social concepts and developed analytical methods. He suggested that market prices follow precise patterns, which are now known as Elliott waves, or simply waves. What is Elliott Wave Theory? Elliott proposed that financial price movements were the outcome of investors' primary psychology. He discovered that changes in public opinion always manifested themselves in the same periodic "waves" in financial markets. The Elliott and Dow theories are similar in that they both acknowledge that stock values move in waves. Elliott, on the other hand, was able to dissect and study markets in far greater depth. Elliot began to investigate how these recurring patterns could be used to forecast future market movements. We know in the financial markets that "what goes up, must come down," because a price movement up or down is always followed by a price mo...

How to use the Parabolic SAR Indicator successfully

One of the indicators you can use to know the trend is the parabolic SAR. "Stop and reverse" is the literal definition of SAR. The indicator tracks the price and displays the point at which the trend changes direction. It will appear as dots beneath or above the candles on the chart. The goal of this guide is to provide you with the required information on how to configure and utilize the indicator on any trading platform. How to trade with the Parabolic SAR indicator You should learn to read the SAR (Parabolic SAR) indicator before we begin. There is an uptrend when the dots under the candlesticks are visible. There is a downtrend when the dots are above the candlesticks. When using the parabolic SAR indicator, the goal is to enter a trade when the trend reverses. When the candle hits the dots, this happens. When the dots are below the candles and the price chart is in an uptrend, you should wait until the Parabolic SAR crosses the price chart. Now...

Trading cryptocurrencies on Deriv - free ebook

You may profit from price changes by trading cryptocurrencies without actually holding the underlying digital currency. In other words, you may profit by properly forecasting whether a cryptocurrency's price will increase or decrease. You'll discover helpful advice and tactics for trading cryptocurrencies on Deriv in this free ebook. Additionally, a free trial account will be provided for you to use on the Deriv MT5 and DTrader platforms as well as the DerivGo app to practise fully risk-free. When you are prepared to begin trading for real, you may begin with a deposit of as little as $5. If you need help depositing, I can help, simply WhatsApp me on +260977770202. This ebook will give you basic knowledge on trading cryptocurrencies. If you are serious about making serious money trading crypto without guessing where price will head to, my course can help . Only K600. You learn from anywhere at anytime at your speed. Download eBook crypto ebook https://kei...

How to trade Pullbacks - Full guide

Traders employ a variety of tools in order to conduct a detailed market analysis. A trend line is one of these tools. The incline on a sequential sequence of candlesticks is indicated by the line drawn on the chart. The trend line may serve as the foundation for a trading strategy. And in today's article, we'll look at how to use trend lines to trade pullbacks. Trendlines A trend line is a line that connects price lows and highs. If the price makes a low, then a high, and then a higher low, you can join the lows to build a trend line that shows the price's upward trajectory. The price will produce a high, a low, and then a lower high during the downtrend. By linking the highs, you'll get a trend line. How to trade Trendlines The trend line can be used to determine the optimum points to open your trading position. You must wait until the candle touches the trend line for the third time before proceeding. During an uptrend, buy when the trend line i...

How to trade using the supply and demand zones strategy

Supply and demand is a factor that influences markets all around the world. According to the law of demand, demand is inversely proportionate to price. When the price of a product rises, demand falls because buyers do not want to spend too much money on it. When the price drops, however, demand increases because consumers are anxious to purchase. According to the law of supply, supply is directly proportionate to price. Because vendors do not want to sell at such a low price, supply is low when the price is low. However, when the price is high, the supply increases as well, because the sellers want to offer the products for the best possible price. These are the basic supply and demand laws. Let's look at how to trade using supply and demand zones in the forex markets. How to recognize the supply and demand zones The vast region of support and resistance levels can be used to identify supply and demand zones. However, the concept behind them is different. Because sup...

JFD Brokers Review - Investing in Real Estate

With the recent boom in the property market, the number of investors in Real Estate, especially in South Africa has increased significantly. There are a number of reasons why they are investing into Real Estate but one of the most important factors that attract them is the low cost of the properties that they are buying. Also many of them are not only investing but also know about developing properties as well. So if you are planning to invest into Property in South Africa, it is important that you should read on this JFD Brokers review and get to know about the things that we have come up with. As a first step towards this type of investment, we have prepared a comprehensive JFD Brokers reviews that will help you decide if this is the right way to go for your investment. Basically we have three objectives when it comes to property investment. The first one is to earn a profit on your investment. This can be achieved by buying property at a good rate. We have partnered with a nu...

Choosing the Best Forex Brokers in South Africa

If you are looking to trade in the forex market in South Africa, you will need to do some research before you begin. The best place to start your research is on the internet. There are various websites that can give you important information on the brokers in South Africa as well as the minimum deposit requirements. You also get information on the trading platform available. You will need to find a forex broker that does not require a minimum deposit. You will still need a broker that has a minimum deposit requirement if you want to trade with a particular currency pair. In addition to minimum deposit requirements, some brokers may also require you to open a local account. Some of the best African base currency options include the US dollar/ZAR and the Australian dollar/ AUD. These are considered as secure currencies in South Africa and they have significant benefits for investors. Some investors prefer to use the local bank transfer deposit method. They do this because they...

Important Features Of An FXOpen Islamic Account

FXOpen is one of the leading online foreign exchange brokerages that specialize in Islamic financial instruments. They offer FXOpen Islamic Account, which is a special type of Islamic financial account similar to trading accounts in other countries. Islamic Banking is strictly supervised by Islamic law. If you are looking for an Islamic Account, FXOpen is the best place for you to start. The best possible trading platform. For those investors who have limited knowledge about the forex market, FXOpen is the best possible online trading platform that will offer you easy-to-use features and tools, along with low spreads for trades. It offers customised products and tailor-made trading solutions for small and big investors, high frequency trading, and transparent execution speeds for both entry and exit. If you are new to forex trading and want to start with low spreads, then this is the best place for you. Low spreads on all free pairs. You can enjoy fast trading and low spread...

Finding the Best NASDAQ 100 Forex Brokers in 2022

The best NASDAQ 100 NAS100 Forex Brokers is not necessarily the most expensive or older. Rather, they are the brokers that offer the best advice and the most up to date resources for the investors that they serve. There are hundreds of brokers out there offering their advice. Therefore, it is important to shop around before making a final decision. Here are some tips on finding the best NASDAQ 100 NAS100 Forex Brokers list. A good place to start the process of choosing a NASDAQ 100 NAS100 Forex Broker would be with the AMEX. The AMEX is the largest financial exchange in the world today. However, as a broker is specializing in trading only the listed stocks, it may not be the best place to look for a broker. This is because there are so many other brokers that offer the same services. Therefore, the AMEX list may not be as current on the largest list of brokers available to investors. A good alternative to the AMEX is to use a discount broker that is not part of the larger in...

Earn between 3 to 10% monthly with Pocket Option

Pocket Option is a binary options and trading platform launched in 2017 and regulated by  the International Financial Market Relations Regulation Center (IFMRRC) in the Marshall Islands . Pocket option has a feature where you can get to deposit or invest your money and expect returns monthly known as "Pocket Option Safe". How does pocket option guarantee monthly returns on your investment? Well, pocket option claims to have Cooperated with major European and Asian banks that opens up opportunities for investing in government bonds with a fixed guaranteed income and promising investment funds secured by demand deposits. As for me, I don't advertise or promote any get rich quick schemes, MLMs, Hyips etc that claim to help you make money fast and then disappear. For me to promote something like this, it means that it is something you can surely trust and try out. For realistic alternative ways of making money online, check out the playlists on my YouT...

How to Trade Bitcoins in 2022

If you are a newbie in the field of virtual currency trading, then probably you would have heard about the new buzzword "Bitcoins" which has become very popular among young and experienced investors. But do you actually know what it is? Do you know how to trade it? Well, if you do not know much about it, here are few basics that you should know. As you all know, bitcoins is a type of virtual currency that is traded over the internet between people who are willing to exchange one units of currency for another unit of currency at the same rate. It was only a few years back when this virtual commodity was first introduced. People were not so familiar with it, but now they are. Many are learning the basic skills of trading this market as a means to earn from it. One thing you should know about how to trade bitcoins in South Africa is that you will have to be an accredited member of a virtual broker site. You cannot operate any business without one. This is to ensure th...

Forex Trading For Beginners - How to Trade Using the Moving Averages

When it comes to Forex trading for the beginner, the pin is King. This is because it's a very easy pattern, which makes it extremely easy to spot on a graph. One of the most important rules of technical analysis is that past resistance becomes new support once again. Resistance levels form in price channels as the price moves between two trend lines. The Forex Trading for Beginners forum is the place to go to learn about this technical charting method. A great many currency traders, FX brokers and investors have turned to Forex Trading for Beginners as an entryway to Forex Trading for more experienced traders. It's also a good place to get Forex Trading tips from veteran traders. These tips are usually invaluable to beginners and teach them all they need to know about Forex Trading for Beginners. Forex Trading for Beginners doesn't require any real money. All one needs is a Forex broker. Once the broker has signified that he or she will serve as a trading advisor...

Finding the Top Regulated Forex Brokers

In order to find the best regulated forex brokers, you must first know what is meant by a regulated Forex broker. A regulated Forex broker is a company or an individual that provides services on behalf of a larger company or individual. The purpose of these companies and brokers is to provide services for their clients. The services they render are done at a very low cost, so that people with limited budgets can afford to have brokers working for them. There are many different types of Brokerages and companies that work to help provide Forex Trading service to individuals and companies. There are many regulations and laws in place that regulate the way the best regulated forex brokers operate. It is important that investors are aware of these rules and regulations in order to make a well-informed decision when choosing a broker to do business with. A number of these laws and regulations pertain to the trading of foreign currencies. Foreign exchange is considered to be one of the...

Finding the Best CFD Brokers

The best CFDs providers offer a number of trading options and a wide range of investment products. They are a great way for novice or experienced traders to trade in the share market. There are several differences between the various types of trading platforms available today. It is important to understand these differences in order to choose the best CFD broker. In this article we will discuss the main types of trading platforms available to traders. Most brokers offer CFD trading on the over the counter market (OTC). However, there are some that also offer CFD trading via the Pink Sheets. There are many CFD brokers out there that do not offer any trading opportunities on the OTC market. There are many factors to consider when selecting the best platform for your trading needs. These factors include the size of the trading account, the number of trading pairs offered on the platform, the minimum amount of capital required, trading fees, and customer service levels. These fa...