Dear fellow Traders,
I am introducing Special Technical Analysis for New Year 2021. Take your risk free and trade all your favorite CFD Instruments: Forex, Stocks, Cryptocurrencies, Commodities and Indices.
Indicators:
8 simple moving average (Blue 8 SMA).
55 simple moving average (Red 55 SMA).
MACD indicator (12,26,9).
RSI indicator (14).
The rules are as follows:
Long Trades:
The price should be above the 2 SMAs.
The Blue (8 SMA) should be above the Red (55 SMA).
The RSI should be crossed up 60 level.
The MACD should be above the 0 line.
Short Trades:
The price should be below the 2 SMAs.
The Blue (8 SMA) should be below the Red (55 SMA).
The RSI should be crossed down 40 level.
The MACD should be below the 0 line.
Please note: I use them flexibly and depending on what I see as the overall context.
Wishing you and your family a healthy, happy and prosperous new year!
Risk Disclaimer:
CFDs are complex financial products traded on margin. Trading CFDs is risky and may not be suitable for all investors. Ensure you understand the risks involved as you may lose all your invested capital. Don't trade with money you can't afford to lose. The past performance of any trading system or methodology is not necessarily indicative of future results.
All information on this Thread is for educational purposes only and is not intended to provide financial advice. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to any of this information harmless in any and all ways.
I am introducing Special Technical Analysis for New Year 2021. Take your risk free and trade all your favorite CFD Instruments: Forex, Stocks, Cryptocurrencies, Commodities and Indices.
Indicators:
8 simple moving average (Blue 8 SMA).
55 simple moving average (Red 55 SMA).
MACD indicator (12,26,9).
RSI indicator (14).
The rules are as follows:
Long Trades:
The price should be above the 2 SMAs.
The Blue (8 SMA) should be above the Red (55 SMA).
The RSI should be crossed up 60 level.
The MACD should be above the 0 line.
Short Trades:
The price should be below the 2 SMAs.
The Blue (8 SMA) should be below the Red (55 SMA).
The RSI should be crossed down 40 level.
The MACD should be below the 0 line.
Please note: I use them flexibly and depending on what I see as the overall context.
Wishing you and your family a healthy, happy and prosperous new year!
Risk Disclaimer:
CFDs are complex financial products traded on margin. Trading CFDs is risky and may not be suitable for all investors. Ensure you understand the risks involved as you may lose all your invested capital. Don't trade with money you can't afford to lose. The past performance of any trading system or methodology is not necessarily indicative of future results.
All information on this Thread is for educational purposes only and is not intended to provide financial advice. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to any of this information harmless in any and all ways.
