Archive for the tag: Using

$1900 profits day trading forex using this strategy πŸ“‰

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Forex Trading Vlog ! Trade with me this week Jan 27-29th.
I realize I look busted in the first half of this video but I just wanted to keep it all the way real with you guys and record exactly what I do. The video starts out kinda slow but it was my first try at a “Trading Vlog” style and watching/editing it gave me some good ideas for next time! Thank you for your continual support while I grow into my channel and if you like this style of video let me know in the comments!

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PENDING ORDERS: Should You Be Using Them To Make Money Trading Forex?

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In this video, we will speak about pending orders, and how they will help you become a better trader from all aspects.

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How to Trade Forex Using MetaTrader 4 (MT4) Walkthrough | Beginner Friendly

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At first the app may be a bit confusing so I did make this beginner friendly. This video I do a quick, easy, detailed walkthrough on how you can use the Metatrader 4 app.

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Jackpot Buys a Rolex Using Forex Money!!

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Jackpot Buys a Rolex Using Forex Money!!

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How to Increase Day Trading Profits Using Alligator Indicator (Forex & Stocks Strategies)

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How to Increase Day Trading Profits Using Alligator Indicator (Forex & Stocks Strategies)

In this video you’ll discover:

β€’ How to make money online trading stocks and Forex using an Alligator trading strategy
β€’ What is Alligator indicator and how Alligator work in forex and stock market
β€’ How to use and how to read Alligator on Forex, stock market or any other financial market (how to buy and sell using Alligator indicator)
β€’ How to interpret Alligator when trading stocks (Alligator explained for beginners)
β€’ How to correctly trade with Bill Williams Alligator indicator
β€’ How to take long and short positions with Alligator in a trading strategy
β€’ Which are the best Alligator settings and parameters for day trading and swing trading
β€’ The truth about Alligator crossovers and what are the best signals offered by Alligator
β€’ How to trade crossovers, pullbacks and how to follow the trend using the Alligator system
β€’ Several Alligator trading strategies for day trading/swing trading or scalping the forex and stock market

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Five trading tips and techniques to identify trends.

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Trend Indicator #1
The first tool that you can use to help you identify the direction of the trend is a line chart. So for example, if you look at this, alright, this is a normal, typical candlestick chart. And for those of you who are seasoned, right, you might probably guess already that you know, hey, you know, the trend is towards the upside. But for newer traders who are struggling, right, to even see this, alright? You can use a line chart to help you better visualize it. Here’s an example, right. This is the same line chart as you saw earlier. And because you’re only focusing on the lines, right, the trend now becomes more apparent. So, if you’re often, right, struggling to identify the direction of the trend, try changing it to a line chart, right, and it might help you see better, okay?

Trend Indicator #2
The second technique, right, that I want to share with you is price action, right? How you can use price action to identify the direction of the trend. And it’s quite simple. What you’re trying to do is to locate the swing-high and swing-lows in a market, because you know, in an uptrend, it consists of higher highs and higher lows. So in this example, you can see that you have a series of higher lows, higher lows, higher lows, higher lows, and higher lows. Right, so this tells you that the general trend is toward the upside. And vice versa, if you see, right, a series of lower highs, right, in this case, a series of lower highs, lower high, a lower high, a lower high, a lower high, it tells you that the trend is towards the downside, okay?

Trend Indicator #3
So the moving average is a simple indicator that pretty much sums up the historical price on the charts. So for example, a 200 period moving average takes the closing price over the last 200 candles, alright, and plop it as a line on your chart. So as you can see over here, right? This case, right, this black line over here, is the 200-period moving average. So a very simple technique that you can use is that if the price is above the 200 period moving average, then the longterm trend is up. Okay, let me repeat once more. If the price is above the 200 period moving average, then the longterm trend is up. So this means, right, you don’t have to note it into account the swing-high and swing-lows in a market. So for example, in this case, you, at this point, right, you have a lower high over here, right?

Trend Indicator #4
The fourth thing that I want to share with you is what we call a trend line. So a trend line is something like support and resistance, but the only difference is that a trend line is diagonal. It’s pointing towards a direction, okay? So you can see that a trend line, this case, right, tells you the direction of the trend as well, because if the trend line is pointing higher, it’s slanting upwards, it tells you that the trend is towards the upside. And also, just like the moving average, right, the steepness of the trend, right, the steepness of it, the angle of it, tells you the strength of a trend. If you see a trend-right, that is very steep, right, almost parabolic, and it’s telling you that the trend is really strong.

Trend Indicator #5
So, the trend line is another way that can help you identify the direction of the trend, and gauge the strength of it. And also, right, another variation of a trend line is what we call a trend channel. Right, so a trend channel is like a trend line. The only difference is, right, and you have this upward boundary over here. So if you remove this upward boundary, this is just a typical trend line that you see. Alright, but now with this upward boundary, it gives you a cap, right, to tell you where the price, where the market may potentially find resistance.
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Using a Demo Account to Learn Forex Trading? Pros & Cons…

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