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Best indicators for beginners, to minimize losing.

  • #321
  • Dec 2, 2020 4:32pm Dec 2, 2020 4:32pm
I also have pivot points on my charts but just to identify if the price is high or low, nothing else. Not to directly trade them, well because i've seen couple of expanding markets piercing through all the resistances or supports of the day in couple of hours and expanding hundres of pips away from them, so how would that make any sense to buy Support 4? or sell the highest resistance directly etc.

Thanks in advance.
  • #322
  • Dec 2, 2020 5:00pm Dec 2, 2020 5:00pm
Good morning cowboys, I hope today we will have a happy surprise.
  • #323
  • Dec 2, 2020 5:13pm Dec 2, 2020 5:13pm
Quoting PixelSniper
I also have pivot points on my charts but just to identify if the price is high or low, nothing else. Not to directly trade them, well because i've seen couple of expanding markets piercing through all the resistances or supports of the day in couple of hours and expanding hundres of pips away from them, so how would that make any sense to buy Support 4? or sell the highest resistance directly etc. Thanks in advance.
I totally agree with your comment, the S / R pivot is only an indication of where the price will start moving and where the possible limit will be.

Due to the reason I sold GA yesterday from around the pivot, it was only because the price happened to be around the pivot when I had to enter because News would be out in 30 minutes. Thank you
  • #324
  • Dec 2, 2020 5:45pm Dec 2, 2020 5:45pm
Cowboys, it looks like we still have to wait because GA is in the process of giving us a good signal.
Attached Image (click to enlarge)
Click to Enlarge Name: gah4.png Size: 19 KB
  • #325
  • Dec 2, 2020 8:12pm Dec 2, 2020 8:12pm
Quoting bale
Greetings to all traders, As we know that as beginners, we are often trapped in complicated situations in reading charts so that the hope of getting a profit turns out to be a loss. For that, I advise you to follow the directions of several important indicators and not rely on your own hunches. I suggest you to use the following indicators: 1. Awesome 2. Fibonacci in the form of Moving Average 3. Daily pivots with S / R Time frame is 1 hour, stop loss is 30 pips and Target is between 30 to 70 pips. Please avoid setting very large daily targets such...
You should know the ADR of any pair you trade and all trades should target and be pressed to that number.. press without exception
  • #326
  • Dec 2, 2020 9:11pm Dec 2, 2020 9:11pm
Quoting T721
{quote} You should know the ADR of any pair you trade and all trades should target and be pressed to that number.. press without exception
Thank you for your comment, I appreciate it.
  • #327
  • Dec 2, 2020 9:12pm Dec 2, 2020 9:12pm
Cowboys,
I will practice my sharpness in shooting skills using a EuroH4 type gun. While the market is quiet.
If you are interested then I will be happy to teach you.
This method can also make 200 to 250 pips a week.
  • #328
  • Dec 2, 2020 9:27pm Dec 2, 2020 9:27pm
EuroH4 pistol
Attached Image (click to enlarge)
Click to Enlarge Name: euh4.png Size: 20 KB
  • #329
  • Dec 3, 2020 1:59am Dec 3, 2020 1:59am
Quoting bale
Cowboys, I will practice my sharpness in shooting skills using a EuroH4 type gun. While the market is quiet. If you are interested then I will be happy to teach you. This method can also make 200 to 250 pips a week.
I am interested Bale. Thank you.
  • #330
  • Dec 3, 2020 2:01am Dec 3, 2020 2:01am
Quoting bale
EuroH4 pistol {image}
I am too interest. Thank you.
  • #331
  • Dec 3, 2020 3:35am Dec 3, 2020 3:35am
Quoting Glorybound
{quote} I am interested Bale. Thank you.
I will do my best to teach you
  • #332
  • Dec 3, 2020 3:37am Dec 3, 2020 3:37am
Quoting mirgi
{quote} I am too interest. Thank you.
I will do my best to show you about how to make money
  • #333
  • Dec 3, 2020 3:41am Dec 3, 2020 3:41am
Quoting Glorybound
{quote} I am interested Bale. Thank you.
Rule #1 Please use H4 TF only
  • #334
  • Dec 3, 2020 3:43am Dec 3, 2020 3:43am
Quoting mirgi
{quote} I am too interest. Thank you.
Rule #2 Use EMA5 Aqua
  • #335
  • Dec 3, 2020 3:47am Dec 3, 2020 3:47am
Quoting Glorybound
{quote} I am interested Bale. Thank you.
Rule #3 Please use EMA13 yellow
  • #336
  • Dec 3, 2020 3:48am Dec 3, 2020 3:48am
Quoting Glorybound
{quote} I am interested Bale. Thank you.
Rule #4 Please use MACD 1,2,1
  • #337
  • Dec 3, 2020 3:54am Dec 3, 2020 3:54am
Quoting mirgi
{quote} I am too interest. Thank you.
Rule #5 Aqua must be bigger than Yellow if you wish to buy, please don't break this rule.
  • #338
  • Dec 3, 2020 3:58am Dec 3, 2020 3:58am
Quoting Glorybound
{quote} I am interested Bale. Thank you.
Rule #6 Yellow must be bigger than Aqua if you wish to sell, please don't break this rule
  • #339
  • Dec 3, 2020 4:02am Dec 3, 2020 4:02am
Quoting mirgi
{quote} I am too interest. Thank you.
Rule #7 Entry may only be made from EMA5 when all indicators have occupied their respective positions.
  • #340
  • Dec 3, 2020 4:06am Dec 3, 2020 4:06am
Rule #8 In a situation where there is a difference between MACD 1,2,1 and EMA5, do not enter
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