This Elliot wave strategy will make you money

If you want to trade the Elliott Wave theory, then you should learn the concept of corrective and impulsive waves which, because of its simplicity, can be very beneficial in your trading efforts. These two wave types create the market structure and, if you are able to tell the difference between the two, it allows you to see high probability and low probability trades.

The impulsive wave is what allows the trends to exist. It exists as a sustained move in a single direction with the majority of the price bars also moving in the same direction.

The correction is the smaller move. This takes place in the opposite direction of the aforementioned impulse.
*****
This software sets the industry standard for what you should expect in a Forex trading platform.
Download your free trial copy of the Premium version here
*****
An impulse highlights the direction of existing momentum. The impulses are responsible for creating trends, which means you want to enter on a corrective wave and the ride an impulsive wave. Every trend is made up of several impulse waves and just a few corrections.

The prices move in a structured manner. In some cases, when the structure is unclear, it helps to make the switch to a longer period of time. This allows you to see if the currency pair is within a larger, more complex correction pattern, which is the reason the structure isn’t very clear in the time frame you were looking at. You should trade in the same direction as the impulses until there is an obvious reason not to.

Some of the reasons you should avoid trading in the direction of the seen impulses include:

  • If the impulses are becoming smaller, which indicates a reduced momentum and the possibility of reversal.
  • If an impulse in the opposite direction takes place, which means you should begin looking for trades that are in the direction of the new impulse.

*****
Use actual historical data to test your strategy and make adjustments as necessary
Find out more here
*****

This doesn’t always mean you are trading at all times. You don’t want to trade every time a price swing occurs. If the price structure isn’t clear, then don’t make a move until it is. The wave structure takes place on each time frame, which means impulse waves that are higher on a chart over a minute may be a corrective wave against a downtrend on a 10 or 15 minute chart.

Don’t let this scare you away from making a trade on your time frame, but try to keep some perspective on where you plant to take trades, related to the trends and the corrections that are seen in other periods of time.
*****
Track’n Trade is a Six Time Reader’s Choice Award Winner of the prestigious Technical Analysis of Stocks & Commodities publication
Download your free trial copy here!
*****

Advertisements

How to us these 2 indicators with your Bollinger bands to make you better

Although Bollinger bands is one of the most used and reliable indicators to determine trends and breakouts. You should always use it in combination with other indicators such as the Parabolic SAR which indicates price reversal and the Stochastic oscillator which indicates momentum. These other indicators will help you determine whether the signals provided by the Bollinger Bands are in fact good and whether you should enter a trade.

Bollinger Bands (BB)

As we discussed in previous articles, the BB is made out of 3 bands: the lower, the middle, and the upper BBs. The middle band is comprised of your commonly used 20-day Simple Moving Average. The “juice”, however, is in the upper and lower bands since they will indicate your trading signals. Depending on your setup, the BBs will show the price moving within a range, what is the range of the price 85-90% of the time.
*****
This new indicator is the ultimate trading tool
Find out more here
*****

By knowing the range within which the price is moving during a consolidation, you can buy or go long when the price hits the lower band and, conversely sell or go short when the price hits the upper band. Another signal for the BB is when the price breaks through the bands which usually indicate the beginning of a trend in the direction of the breakout.

The Bollinger Bands also help determine the volatility of the market. In a nutshell, a squeeze or narrow band width show a period of low volatility and usually indicates that a surge is impending and, therefore, a strong move in price is about to occur.

You should never use Bollinger bands alone to make your trading decisions. Use the BBs in conjunction with your trend or Fibonacci indicators to make a killer combination to successful trades.
*****
Trade less and make more with this amazing indicator
See it in action here
*****

Stochastic

Stochastic measures the momentum of the currency pair. The plot range for Stochastic goes from 0 to 100. When the Stochastic goes over 80 that usually indicated that the market is overbought and that a downtrend is about to develop. Conversely, when the Stochastic goes under 20 that may indicate that the market is oversold and an uptrend may be starting to develop. Obviously, at 50 the Stochastic would indicate that the price is flat and there’s no movement. Keep in mind that, unlike other indicators, the Stochastic indicator does not signal the highest or lowest price level, but rather a possible reversal of price direction. Like any other indicator, the Stochastic oscillator should be used with other indicator to assist you with your trades.

Parabolic Stop And Reverse (SAR)

The Parabolic SAR one of the most used indicators to help determine a reversal in price. As a general rule of thumb, traders go long or buy when the Parabolic SAR dots go below the price line and the opposite is true when the Parabolic SAR dots go above the price line indicating a sell signal. Always keep in mind that this indicator only works when the currency pair is trending and will not produce reliable signals if the currency is consolidating or, in other words, a flat market.

Conclusion

Use your chart setup to determine a trend whether you use Fibonacci, MACD, candlesticks, line charts, or any other trend indicator of your liking. Corroborate your entry and exit points with indicators like the ones outlined above and your chances of a successful trade increase dramatically.
*****
This masterpiece Forex tool is a collation of the most advanced trading techniques known to this day
Get your copy here
*****

Why trading as a home business is the best option

At one point or another, we all dreamed of leaving our 9-5 job to have our own business. I had 2 very successful business in my lifetime. One as a college student selling handbags and women’s accessories, which led me to leave college because I was making more doing that business than I would graduating from college. The second business was owning and distributing coin-operated video games. I started that business after a very successful US Federal Government career to took me all the way to Washington DC. even with all the success that I had as a Budget Director at the Secretary’s level, I still believe that nothing compares to running your own business.

Both my businesses relied on customer acquisition. Without customers, there was no business. That is true with any business that relies on selling services or products.

Online businesses are no different. Whether you run a blog or have a Shopify account or sell through Amazon or Ebay, you will need customers. You may read about SEO rankings, PayPerCick ads,or Google AdSense among others. You may also want to try to acquire customers through YouTube, Facebook, Pinterest, Instagram, or any other of the many social media outlets available today. Whichever way you decide to promote your business, you will need customers not only to “follow” you, but, more importantly, to buy your product(s).

Hence, enter trading as a home business. With trading, all you need is to  do is learn and master a set of skills. You don’t need to rely on social media or PayPerClicks to make your money. All you need to do is rely on your ability to make money trading by following some simple rules.

Trading has never been easier than it is today. Computers have taken some of the mystique of trading away. There are many automated solutions available today that can make even the most inexperienced trader a successful trader if they follow the simple rules outlined by the software. There are even fully automated software aka robots aka Expert Advisors that will execute your trades for you making trading a totally hands-free business.

Forex has the biggest number of automated solutions in the market today. For that reason, these solutions are available at much lower prices ($200-$600) than their counterparts in the stock, e-minis, and commodity markets. When you consider the cost of just setting up a website for your business versus the cost of an Expert Advisor in Forex, to me the choice was not only obvious, but easy. The added benefit is that after acquiring your Expert Advisor(s), you don’t have to worry about acquiring customers to start making profits, but rather immediately start making profits instead.

As a business owner, I can say that trading is, without a doubt, a more appealing option to me. I now work/trade to live instead of live to work. I love spending time with my family and being able to trade/do my business from anywhere in the world. Through trading, me and my family are living the live we dreamed off a few years back. You can live that live too.

I wish you success in any endeavor you choose to embark.

Luis

This brand new indicator will make you great profits

This brand new trend indicator was released on February 26, 2018, and works on ALL pairs and M15-D1 timeframes.

You can make great profits by using this brand new tool!

Follow the simple trading rules provided by FX Atom Pro and win most of your trades.

FX Atom Pro generates blue(BUY) and red(SELL) signal lines on your chart. Every signal is accompanied by pop-up sound alert, an email alert, and a push notification sent to your mobile.

IMPORTANT: Unlike many other indicators in the market, the FX Atom Pro signals NEVER repaint. If you get a signal – the indicator will not change its mind midway through a trade and put that signal in a different place.

The indicator works only on MT4 trading platform.

The new algorithms used in the FX Atom Pro enable it to generate much faster and more accurate signals than most of the other trading tools you used before.

Everything is explained in detail in the step-by-step user guide with screenshots, special tips, and trading rules that will help you get the most of out this new indicator.

No repaint, fast and accurate signals, 3 types of signal alerts, and built-in multiple trading styles will ensure that you make the most profits possible at all times.

I am 100% confident that you will be happy with the brand new FX Atom Pro.

Click here to get your copy today!

This indicator will sure make you profits

The market is always changing, so we have to adapt and use trading tools appropriate for the current market conditions.

Just by following the simple BUY/SELL arrows of “Rapid Trend Gainer” you could be making profits like this right now (New +145 Pips Screenshot)

The BUY/SELL arrows appear when the price has proved that it has enough power to keep moving in the same direction.

This is important as it allows us to enter when a good profit potential is expected.

Look at the screenshots carefully and see how strong the market is moving when the signals are generated.

This is is possible due to a new powerful algorithm has been implemented in this unique indicator.

This new algorithm works great!!!

If you want to take your trading to a new level and make consistent profits, you must check this indicator now.

Click here to integrate these signals right on your chart

Rapid Trend Gainer

This amazing tool will help you become debt free

Bank trading algorithms are often different to those available to the public and the cost is prohibitive to regular traders like us.

How would you like to use the same trading algorithm and money management system used by banks to trust your savings with.

This system has worked month after month, year after year generating hundreds of thousands of dollars with real money.
Learn more about this amazing tool here

Prized as one if not the best forex money management system on the globe…

Enter…

Stabilis Lucra

Best Innovative FX Product 2016
Best Forex Expert Advisor 2016
Best Performing FX Strategy 2016
Best Expert Advisor Performance 2017
Note that all Stabilis Lucra claims of awards, revenue, and performance are well documented, corroborated by third parties, and proven to be 100% true…

This is truly a once in a lifetime opportunity to get the system that banks and the mega-rich use at a fraction of the price.

Check this system out right here!
Stabilis Lucra

How to use volume and trend indicators to make you money

You should never make a trade based only on a trend indicator. The Volume Oscillator (VO) is another indicator that will help you determine whether a trend is breaking support or resistance. In essence, the old saying is true: without volume there is no price movement and without price movement there is no volume. Use that old saying to your advantage.

Several oscillators like the Percentage Volume Oscillator (PVO) and the Market Volume Oscillator (MVO) and are based on the VO.

The VO calculation is based on two Volume Moving Averages (VMAs). The base of calculation is simple:

VO = [Fast VMA] / [Slow VMA]

The Fast VMA is short term moving average, and the Slow VMA is a long term moving average.
*****
Get the most accurate and profitable signals
Click here to learn more
*****
If we use set a VO (5, 20) as an example, the setting would be the Fast VMA to 5 bars and the Slow VMA ito 20 bars. At 5 bars, the Fast VMA is the shorter period and, at 20 bars, the Slow VMA is the longer period.

In essence, the VO calculates the difference between 2 VMAs. This calculation reveals surges in volume and possible abnormal volume activity. The VO tell us where the current volume is in relationship to the average volume over a longer period of time.

If we take a look at the VO setting above, that means that when the VO is over 1 then the Fast VMA is over the Slow MVA and we can conclude that the volume activity in the market is higher than usual. In other words, we can conclude that there is an unusual volume surge based on the parameters we set (5,20).
*****
Constantly auto-analyze every price movement and every trading pattern
Find out more here about this must-have tool
*****
By knowing how the basis of calculation works in the VO, the indicator becomes a very effective tool in your trading. You should never solely rely on trend based technical indicators. By doing so, you will only see one half of the total picture and it will lead to more losses than wins. When you combine your trend indicators with an oscillator like the VO, you will be able to distinguish whether the changes in the trend are based on abnormal volume activity and make a better decision as to whether to enter a trade.

A final thought is that you should consider a break in support combined with unusual volume activity as panic selling and the opposite is true with a break of resistance with an unusual volume surge which should be considered as greedy buying.
*****
See the live action +707 pips profit video
Click here now to start making profits
*****