S.A.Hasib D1 trading strategy

Thank you for this system. I hope you do well with it.

That’s a pretty bold claim here saying “Best Trend Trading Strategy For All Timeframe.”
But as a matter of fact, its quite true and here’s why…with this forex trend trading strategy, you are:

1. only using price action to trade
2. which means no indicators
3. and its very easy for even new forex traders to grasp the trading technique
4. and the trading setups are easy to spot
5. and these type of trading setup happens in all timeframes.
6. and you can trade any currency pair with this trend trading strategy

So if you are a forex trader that trades using 1 minute to 5minute timeframes, you can use this forex strategy as well as those that trade larger timeframes.

SO WHAT IS THIS TREND TRADING STRATEGY THAT IS BASED ON PRICE ACTION TRADING?
Well, its based on the concept of support and Resistance trading.
If you don’t know what are support and resistance levels are then here is my simple definition:
What is a support level?
A support level is the level at which price bounced up from after it had been going down for some time. You will see support levels a “valleys” on a price chart.
What is a resistance level?
A resistance level is the level at which price bounced down from after it had been climbing up for some time. You will see resistance levels as “peaks” on your price chart.
With this system, there’s a slight twist:

 

1. when the price breaks a support level, there will be times when it will go back up to the previous support level that it just broke some time ago. Now this previous support level often tends to act as a resistance level from which price hits it and falls back down.

1. the opposite is also true…when price breaks a resistance level and climbs higher, there will be times when it will fall back down to the previous resistance level that it just broke some time ago. This previous resistance level often tends to act as a support level from which price bounces back up.

In a good trending market, you will see these support and resistance levels being formed and you will see how price reacts to these levels as they get broken.
So the trading rules are built around those points mentioned above.

TRADING RULES OF THIS TREND TRADING STRATEGY

1. For a sell trading setup, a support level must be broken first and price moves down for some time and then eventually starts to clime up again to test his previous support level it broke.
2. You can either place a sell limit order, an instant market order or use a sell stop order to get into a trade at this support-turned-resistance level.
3. Place you stop loss 3-5 pips above the high candlestick with the highest high (this is for a sell situation…do the opposite for buy situation)
4. For take profit target, measure the distance in pips between the where the support level down to where price starts rising back up to test the broken support level and use that pips and multiply by 2 or 3 and that gives you how many pips of profit you need to set at whatever price level it falls to.

hi hasisb after long time .you are like helly's dhumketu

Now a days I am using lots of moming avearge (ema). I become more serious about the trend.

usd JPY trade Just got entry signal

I open another sell entry at eurusd and close half of trade in usdjpy. Let's see what happen. Its h4 chart trade so I will manage it in H4 chart.

Both trade are in profit now. who open trade with me. share you diea with us. Thank you

Follow EMA trading system 6 month. Don't change trading system you will become successful.
People don't like simple trading system and
Simple always makes money.

MOVING AVERAGE BOOK.

How to use Moving Averages


Moving averages are without a doubt the most popular trading tools and indicators. Moving averages are a great tool if you know how to use them most traders, however, make some fatal mistakes when it comes to trading with moving averages. In this article, I show you what you need to know when it comes to choosing the type and the length of the perfect moving average and the 3 ways how to use moving averages when making trading decisions.

What is the best moving average? EMA or SMA?
At the beginning, all traders ask themselves whether they should use the EMA (exponential moving average) or the SMA (simple/smoothed moving average). The differences between the two are usually subtle, but the choice of the moving average can make a big impact on your trading. Here is what you need to know

The differences between EMA and SMA
There is really only one difference when it comes to EMA vs. SMA and its speed. The EMA moves much faster and it changes its direction earlier than the SMA. The EMA gives more weight to the most recent price action which means that when price changes direction, the EMA recognizes this sooner, while the SMA takes longer to turn when price turns.

Pros and cons EMA vs SMA
There is no better or worse when it comes to EMA vs. SMA. The pros of the EMA are also its cons let me explain what this means.
The EMA reacts faster when price is changing direction, but this also means that the EMA is also more vulnerable when it comes to giving wrong signals too early. For example, when price retraces during a rally, the EMA will start turning down immediately and it can signal a change in direction way too early. The SMA moves much slower and it can keep you in trades longer when there are false and short-lived price movements. But, of course, this also means that the SMA gets you in trades later than the EMA.
Resume. In the end, it comes down to what you feel comfortable with and what your trading style is (see next points). The EMA gives you more and earlier signals, but it also gives you more false and premature signals. The SMA provides less and later signals, but also less wrong signals.

What is the best period setting?
After choosing the type of your moving average, traders ask themselves which period setting is the right one that gives them the best signals?! There are two parts to this answer: first, you have to choose whether you are a swing or a day trader; and secondly, you have to be clear about the purpose and why you are using moving averages in the first place. Lets go about this now:

Self-fulfilling prophecy
More than anything, moving averages work because they are a self-fulfilling prophecy, which means that price respects moving averages because so many traders use them in their own trading. This raises a very important point when trading with indicators:

The best moving average periods for day-trading
When you are a short-term day trader, you need a moving average that is fast and reacts to price changes immediately. Thats why its usually best for day-traders to stick with EMAs in the first place.

When it comes to the period and the length, there are usually 3 specific moving averages you should think about using:

1. 9 or 10 period: Very popular and extremely fast moving. Often used as a directional filter (more later)
2. 21 period: Medium-term and the most accurate moving average. Good when it comes to riding trends
3. 50 period: Long-term moving average and best suited for identifying the longer term direction

The best periods for swing-trading
Swing traders have a very different approach and they typically trade on the higher time frames (4H, Daily +) and also hold trades for longer periods of time. Thus, swing-traders should pick the SMA as their choice and also use longer period moving averages to avoid noise and premature signals. Here are 4 moving averages that are particularly important for swing traders:
21 period: The 21 moving average is my preferred choice when it comes to short-term swing trading. During trends, price respects it so well and it also signals trend shifts
50 period: The 50 moving average is the standard swing-trading moving average and very popular. Most traders use it to ride trends because its the ideal compromise between too short and too long term.
100 period: There is something about round numbers that attract traders and that definitely holds true when it comes to the 100 moving average. It works very well for support and resistance especially on the daily and/or weekly time frame
200 / 250 period: The same holds true for the 200 moving average. The 250 period moving average is popular on the daily chart since it describes one year of price action (one year has roughly 250 trading days)

How to use moving averages? 3 usage examples
Now that you know about the differences of the moving averages and how to choose the right period setting, we can take a look at the 3 ways moving averages can be used to help you find trades, ride trends and exit trades in a reliable way.

#1 Trend direction and filter
Market Wizard Marty Schwartz was one of the most successful traders ever and he was a big advocate of moving averages as direction filter. Here is what he said about them:
The 10 day exponential moving average (EMA) is my favorite indicator to determine the major trend. I call this red light, green light because it is imperative in trading to remain on the correct side of a moving average to give yourself the best probability of success. When you are trading above the 10 day, you have the green light, the market is in positive mode and you should be thinking buy. Conversely, trading below the average is a red light. The market is in a negative mode and you should be thinking sell. Marty Schwartz
Marty Schwartz uses a fast EMA to stay on the right side of the market and to filter out trades in the wrong direction. Just this one tip can already make a huge difference in your trading when you only start trading with the trend in the right direction.

But even as swing traders, you can use moving average as directional filters. The Golden and Death Cross is a signal that happens when the 200 and 50 period moving average cross and they are mainly used on the daily charts.
Basically, you would enter short when the 50 crosses below the 200 and enter long when the 50 crosses above the 200 period moving average.

#2 Support and resistance and stop placement
The second thing moving averages can help you with is support and resistance trading and also stop placement. Because of the self-fulfilling prophecy we talked about earlier, you can often see that the popular moving averages work perfectly as support and resistance levels.

Word of caution: Trend vs ranges
Moving averages dont work during ranging markets. When price ranges back and forth between support and resistance, the moving average is usually somewhere in the middle of that range and price does not respect it that much.

Moving averages for your stop placement. Moving averages are a great tool when it comes to stop trailing and protecting your trade. During trends, moving averages work as support and resistance and traders then place their stop at the other side of the moving average and trail it along. This way, they can ride trends for a long time and get early exit signals when price breaks the moving average. Tip: Never place your stop directly at the moving average and always give it some room to avoid stop runs.
The length and the period of the moving average determines how long you will stay in a trade. A shorter moving average gets you out of trades sooner, but the longer moving average avoids many of the false signals. There is no right or wrong and its a personal choice.

Understand "accelerator oscillator "

Usd Jpy Is close to 100 level, I am waitng for market movement.

gbpusd start moving with direction of the EMA

Tell us your trading plan

I miss nice trading opportunity.

my Scalping system give some profit in gbpusd

There are many types of scalping you might follow
1. News Breakouts ( most risky one).
2. Technical breakouts.
3. Range Patterns
4. Trend continuation
5. Reversal Scalping

WE will Discuss Trend following trading( short term or long term). I request every one post about trend following idea.

gbpusd h4 chart give us some pin bar that did not work. now form another.

Gbpusd Break the major support level. Market should retouch the support level according to technical analysis book. But real market is not book. lets see what happen.

usdjpy h4 chart show us a nice breakout but is it real breakout or false breakout only market knows. you can participate with this breakout after closing the candle. have a look.