3 RSI cross and above or below level 50

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Hi Mates ,After long time common... lesson, learn. study time.......Today I am going to share with you one nice and interesting Lesson(collected) With You.I shared many lesson before with you and you liked it and i hope this lesson will Help You In your future trading and to take correct decisions.please share your experience .interesting anything here to learn with fun together...Hope to see your active ...engagement..participation too..................

Trapped Trader(Collected)

Trapped Traders - Part 1

Trapped traders are a simple concept you may wish to incorporate into your trading strategy, due to its potential to offer higher reliability trade setups.

These are price action based setups in which traders suddenly find themselves trapped in an undesirable situation, either:


a. Stuck in a losing position, desperate to get out; or

b. Stopped out of a position that then moves back in their direction, leaving them desperate to get back in.


The key in both cases is that the price action has placed traders in a position where their normal human emotional response will compel them to make a trade. We can then increase our odds by trading in the same direction as this new surge of order flow.


There are numerous ways this can present itself on a chart. We’ll look at one of my favorites today, and follow up with other trapped trader patterns in future articles.

Today’s pattern is called a 3-swing retrace.


You might also hear it referred to as an ABC correction, or an ABCD correction. It could also be considered in some cases a bull or bear flag.

We’ll start by examining a 3-swing retrace in an uptrend.

3-swing retrace - long


The 3 swings in the name refer to price swing AB, followed by BC and CD.



The price action is quite simple. An uptrend leading to:



- A higher high at pivot A, followed by

- A higher low at pivot B,

- A lower high at pivot C,

- A lower low at pivot D, and

- A price reversal back in the direction of the original trend.


The moving average is not essential – it’s just there to make it simpler to see the clear uptrend. And because you’re sure to be wondering, it’s a 20 period EMA. Nothing special about that, although it is a commonly used moving average. Anyway, back to the 3-swing retrace…


Why is this 3-swing retrace a powerful setup? Let’s consider the thought processes of two quite normal traders, trader A and trader B.

Trader A has been watching the uptrend rally from the sidelines, frustrated that he’s missed the move, and desperately seeking any sign of a reversal so he can get on board the next trend early. He’s not going to miss this next trade. Hope comes when he sees the price unable to breach the highs of pivot A, forming the lower high of pivot C. Trader A knows that the definition of an uptrend is a sequence of higher highs and higher lows, so the lower high is a warning sign of possible trend failure which will be confirmed by a break of the pivot low at B. He places an entry order to initiate a short position on a break of B, as is rewarded as a large red candle triggers his entry.



This is quite common thinking. Many traders will see this breakout as a quite reasonable entry point in the short direction. Others will wait for further confirmation such as a close below the pivot low at B, entering at an even worse price. The strong close below the EMA 20 is another bearish sign which should attract other traders seeking an early entry to a reversal.

In this case, the bearish order flow of the reversal traders was insufficient to overcome the force of the uptrend. Price immediately turned and smashed them, via a large green candle closing well above the pivot B breakout entry point and also above the entire red breakout candle.

No-one likes the pain of failure, especially when it comes so rapidly and decisively.


Stops will be triggered, in some cases above the red breakout candle which led to pivot D, or in other cases above the high of pivots C or A. These stop orders, which are a BUY, add to the uptrend bullish order flow, helping to propel price to new highs.

Now let’s consider Trader B. Trader B was lucky enough to catch the original trend and is sitting on a profitable long position. However, as is quite common, Trader B finds it difficult to let profits run. Recognizing the lower high at pivot C, and therefore the potential trend failure, she tightens up the trailing stop to a breakout of the last swing low, pivot B. Stopped out of her position as the red candle moved down to D she feels quite happy with herself and her brilliant tape-reading skills, until the next green candle reaffirms the dominance of the bulls and continues the uptrend without her.



Knowing that she was unfairly stopped out by those damn stop-running brokers who once again were obviously targeting her position, she now scrambles to reenter her position long, either on the close of the green candle, or the breakout above pivots C or A.



Once again, the reentry order, which is a BUY, adds to the bullish order flow helping to propel price to new highs.



All jokes about stop-running brokers aside, this is really quite common. A 3-swing retrace in an uptrend traps the bulls out of their long position, forcing them to have to get back in, and also traps the bears in a losing position, forcing them to get out. Both outcomes, trapped out of a trade, or trapped in a losing trade, lead to further bullish order flow.



Where is our entry?



As soon as we can after the large bullish green candle traps our friends Trader A and B.



Our stop loss of course should be below the pivot D, as price returning to new lows would confirm the failure of our 3-swing retrace setup. Yes, sometimes the trappers can get trapped!!!



Let’s look quickly at a second example, this time in a downtrend.



3-swing retrace - short





This example is not as technically beautiful as the previous one, but then price action patterns are rarely text-book perfect. If you look at the positioning of the labels A to D, you’ll clearly see the 3-swing retracement pattern. In this case we have a downtrend leading to…



- A lower low at pivot A, followed by

- A lower high at pivot B,

- A higher low at pivot C,

- A higher high at pivot D, and

- A price reversal back in the direction of the original trend.


The candle at pivot B offered an excellent rejection of higher prices, perhaps tempting many of the traders in a short position to tighten their stops above this candle. These positions were of course stopped out on the run up to D, trapping the bears out of their position as it then resumed its downward move.


Likewise, anyone entering long on the break above pivot B suffered through a 3 candle pause before being trapped in a drawdown situation.


Both groups of traders, those trapped in a losing long position and those trapped out of a profitable short position, will now contribute to the bearish order flow through their sell orders, as price plummets from pivot D.


watch out for these patterns when the market is trending. Awareness of these setups can be difficult in real-time as it is quite common for traders to be searching for reversals. It’s important to remember though that trends will often continue a lot further than you can possibly expect. So don’t be too quick to change your bias. Watch counter-trend setups for possible failure opportunities, which often give a great entry back in the original trend direction.

I created one facebook group to share my PTZ with you .I Received a lot of request to know about my PTZ .I will share herewith what i like/interesting anything (not only PTZ/forex related) many stuffs ..are may be collected/..indi/temp....songs/videos/quote/......from net ..from well-wisher.....post/article/chart/...from my hard disk/stored ...so all credit goes to due person....It will be great if you do the same ...looking forward to hear from you......



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I created one facebook group to share my PTZ with you .I Received a lot of request to know about my PTZ .I will share herewith what i like/interesting anything (not only PTZ/forex related) many stuffs ..are may be collected/..indi/temp....songs/videos/quote/......from net ..from well-wisher.....post/article/chart/...from my hard disk/stored ...so all credit goes to due person....It will be great if you do the same ...looking forward to hear from you......


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This indicator is not working on my mt4 . Can someone fix it ?



And how do i download it from here https://www.mql5.com/en/market/product/10102

it won t open

Forex market can change its color in a blink of a second.
We have to remember that we change our view towards a pair according to its movement,Present Market Structure or Cycle, sentiment. We must not keep believing what we believed last week or even yesterday. There is a saying “Go with the trend”. We always have to make sure that we are with the trend ,I Called PTZ.

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Hello Classy! May I know more about your trading strategy? Is you strategy based on only RSI! Actually, in my beginning stage of trading I tried with RSI but no good result! Even, different time frames show different parameters, very confusing! What is your opinion on multiple parameters on different chart?

check my profile and follow latest post /videos to know me and mt trading strategy.RSi is one of my favorite indicator and i use it in my everyday trading in many ways my another most favorite indicator is TDi which is also based on RSi i checked rsi overbought/oversold and divergence and more..thanks for your interest .please keep posting and let me know your trading/strategies.

Nice to see, you are sharing here your personal trading strategy since 2015, by the way I am interested to know your activities during high voltage news session, do you close all of your trades or not?! Actually, I am a news trader and I do only news trading here! In addition, indicator based trading is not suitable with my trading personality!

My ptz with vsa eusd and gusd some people asked/surprised/agry/ no clue whty 100 pips down? mm know inside news ,we can just follow their big foot step...


PRICE VOLUME SERIES PART 01

“Do you not know that a man/women is not dead while his/her name is still spoken?”

PTZ….lover can check my latest post and analysis(This post/Analysis only for educational purpose no trade recommended ,trade according to your set up.Please participate and share your view too,Thanks)
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