Forex: Bollinger Band and Stochastic SECRETS!! (STEAL my 40 pips a day strategy)

Published on September 29, 2021

Best updated videos top searched Swing Trading Ranges, Forex Traading System, Trading Rules, and Using Stochastics For Day Trading, Forex: Bollinger Band and Stochastic SECRETS!! (STEAL my 40 pips a day strategy).

This Trading Strategy enables you to intraday trade for 40 to 60 pips per day on average.

In this short tutorial, Kenya shares how you can do this by using only 2 tools, the Bollinger Bands and the Stochastic indicator. It is actually pretty simple, you just need to keep in mind of these few steps:

1. Identify a level on the 4 hrs. that hasn’t been tested in more than 1 month
2. Make sure you have candle closing outside of the Bollinger Bands
2. After BB close, ensure that price is either oversold/overbought on the Stochastic indicator
3. Getting in when you see an opposite candle showing up (in the direction you want to trade)

Risk management advice: set your stop loss 20 pips above structure or widen your stop lower your position size. Risk no more than 1-2% of your total account balance.

Bollinger Band Settings: Default 20, close
Stochastic Settings: 5,3,3

Have a look at this video to see how Kenya goes over the 3 points above. Then try it out yourself!

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Trading Disclaimer: Trading can contain substantial risk and is not suited for every investor. An investor could potentially lose all or more than their initial investment. “Risk capital” is money that can be lost without jeopardizing one’s financial security or life style. Only “risk capital” should be used for trading and only those with enough risk capital should consider trading. Hortons Investments LLC is not a licensed financial adviser nor does it or give out financial advice. The user of Hortons Investments LLC products and/or services assumes full risk and responsibility for their trading activity. Past performance is not indicative of, nor does it guarantee any future results. Individual results will vary due to a variety of market and timing conditions. This video was created purely for educational purposes.

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Using Stochastics For Day Trading

Using Stochastics For Day Trading, Forex: Bollinger Band and Stochastic SECRETS!! (STEAL my 40 pips a day strategy).

Forex Trading Strategy – Based Upon This Technique Accumulate Big Profits

Discover this basic Forex trading strategy and you can enjoy long term currency trading success. Your capability to get the very best from this technique depends on the method you efficaciously use the strategy.

Forex: Bollinger Band and Stochastic SECRETS!! (STEAL my 40 pips a day strategy), Search trending videos relevant with Using Stochastics For Day Trading.

Forex Pattern Following – 4 Simple Actions To Capturing The Mega Moves

As a market moves upward toward a resistance, stochastic lines must normally point up. She or he has a long term time horizon like a couple of months to even a few years. Nobody can predict where the marketplace will go.

The foreign currency trading market, better called the Forex, is by far the largest market in the world. In excess of 2 trillion dollars are traded on it each and every day, while ‘just’ 50 billion dollars are traded on the world’s most significant stock market, the New York Stock Exchange, every day. This really makes Forex larger than all the world’s stock exchanges integrated!

You’ll see that when a stock rate strikes the lower Bollinger Band, it usually tends to increase once again. Using the SMA line in the middle of the Bollinger Bands gives Stochastic Trading us an even better image. Keep in mind, whatever stock symbol you select from on the NASDAQ 100, you ought to inspect for any news on it prior to you trade it as any unfavorable news might impact the stock no matter what the Nasdaq performance is like.

Don’t predict – you should only act upon verification of cost changes and this constantly means trading with price momentum on your side – when applying your forex trading strategy.

An essential starting point is sufficient money to make it through the preliminary stages. If you have sufficient cash you have the time to find out and enhance your Stochastic Trading till you are earning money. How much cash is needed depends on the number of contracts you desire to trade. For instance to trade 1 $100,000 dollar contract you need between $1000 and $1500 as margin.

It is important to discover a forex robot that includes a 100% refund assurance. If there is a money back ensure this means that it is among the very best forex Stochastic Trading robotics out there.

No action should be taken if the cost action of the market has moved sideways the trend line (18 bars) is in holding pattern. you need to be on the sidelines waiting for a breakout to one side or another.

In typical with practically all aspects of life practice is the essential to getting all 4 components working together. This is now simpler to accomplish as lots of Forex websites have demonstration accounts so you can practice without risking any real cash. They are the nearest you can get to trading in genuine time with all the pressure of possible losses. But remember – practice makes best.

The 60 minutes chart uses up about 1/3 of my screen area and the 5 minutes 2/3 of the screen area. For that reason if there is a chance for you to do a counter pattern trade remember DO NOT take that trade.

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