Tagged: which broker Toggle Comment Threads | Keyboard Shortcuts

  • Candlestick 8:00 pm on September 8, 2015 Permalink | Reply
    Tags: , which broker   

    Which broker do you suggest to Trade 

    Which broker do you suggest to Trade

     

    Reader’s message
    ——————

    Sir,

    Thanks for your replay .I see your nice example, sir can i use this all time frame and which time frame are best use for this strategy.

    sir which broker do you suggest to trade.

    Thanks.
    ——————
    you can trade all time frame
    daily best
    broker is OANDA

     
    • Candlestick 8:00 pm on September 8, 2015 Permalink | Reply
      Tags: , which broker   

      which broker do you suggest to trade 

       

      which broker do you suggest to trade

       

      reader’s message
      ——————

      Sir,

      Thanks for your replay .I see your nice example, sir can i use this
      all time frame and which time frame are best use for this strategy.

      sir which broker do you suggest to trade.

      Thanks.

      ——————
      you can trade all time frame
      daily best
      broker is OANDA
      Price action trading vs. price indicator trading

      Price action trading is one of the common trading methods in different markets.
      It means trading off a price chart without indicators that are mathematically derived from price.
      Some of the common indicators are Stochastic, RSI,and MACD Indicators to name a few.
      Static drawing tools, such as trendlines or support and resistance lines that obviously do not change dynamically with price, do not exclude
      traders from being considered a price action trader.
      Change dynamically with price means depending on how traders have their indicators set, generally the default setting is for indicators to update
      in real-time, along with the last price bars closing price.
      What this means is traders could be watching a 10 minute bar chart and be witnessing a Stochastic Indicator crossing, or a moving average cross,
      or an RSI indicator crossing above 70, etc.
      And traders think they are getting a signal to buy or sell, you make the trade.
      But, all of a sudden price makes an immediate change in direction before the close of the bar, causing the signal for your trade to disappear.
      This doesn’t happen with price action trading.
      Price either does something or it doesn’t.
      Price breaches the resistance of that bar’s high.
      Price does not breach the support of that trend line.
      Some traders might say to wait until the price bar closes to make the trade and that way traders know for sure they have got a signal.
      And this of course, is where most of the term ‘indicator lag’ comes from.
      There are still lots of confusion about whether price action is better than price indicator trading.
      But to be truthful, there is no such thing as Holy Grail in the market.
      So, every method has its own risks and every trading has to face some risk to be successful.

      https://youtu.be/3xTt8f35Y7c

       

       
      c
      Compose new post
      j
      Next post/Next comment
      k
      Previous post/Previous comment
      r
      Reply
      e
      Edit
      o
      Show/Hide comments
      t
      Go to top
      l
      Go to login
      h
      Show/Hide help
      shift + esc
      Cancel