I was thinking how to help every single one of you , without making a chaos out of lessons.
So here is the way :
– In the upper right corner – just right of the Login/Register is a Search Button
– Click on it and type in a subject you want to see – like : stop loss, moving averages… for example – wait a few seconds and you’ll see lots of articles below
– Read them and whatever you find not clear or confusing, ask questions here
– I am going to go with classes at my own pace ( same goes for Jay in Common Sense Trading) , but each time someone comes up with an interesting question that needs longer/more detailed explanation, we will do it in our Classes.
Help us to Help you 😀
Welcome Husnain !
Check out the site slowly and feel free to ask any question.
Go to the Blog and start reading it from the early beginning – every article that was written so far covers an important piece of the Market andTrading and will give you lots of info that you should know.
Here in Discussion Boards you will find Lessons – both in Common Sense Trading and Trading Academy .
We have just started it, so you came at the right moment.
All questions you might have write in Q&As for both of them.
There is a Trading Hot Line – for those of you that might have an emergency question/problem in real trading.
We are trying to go slow , so everyone can understand what we are talking about.
Do not be shy, as the only way to learn is to ask questions when it is not clear to you.
USDCHF 5 Min Chart – 15.01.2015.
This should make you think and get some perspective when there is an Important Data/News/Central Bank decision
Almost 2.000 pips in 10 minutes, with over 1.400 Pips GAP .
This kind of development will Kill not only your margin, but yours kids college fund, take your home and your panties….
So start thinking and learning NOW.
Robinson – USDJPY 4h
Supports : 153.850 , 153.450 & 153.000
Resistances : 154.150 , 154.400 & 154.750
See that Red line – previously Support – now it is an important resistance – 154.400 !
Before it goes over it, there is no way to predict that it will go up from here.
Look at that Channel trend line down there –it is at 148.650 – big open space ….
Trading wise : we have tremendous data in next 3 days , including FOMC – taking a position is pure guessing and gambling.
Way to trade if you insist is to go with smaller time frames and avoid being in a position during any of the data – check our Economic Calendar for timing.
Welcome Lores ! Feel free to participate as much as you feel like it.
Please explore the site fully, so you will get an idea what you can count on.
Check The Blog – Articles are not simply “articles” – plenty of knowledge , tips and interesting facts.
And most important, let us know where you stand when it comes to forex and trading in general – we have here people that are just starting, some that are trading for some time but want to learn it properly, some that are long time in trading but would like to learn something new and to get an edge to it…
Feel at home 😀
To set up a moving average envelope on MetaTrader 5 (MT5), you can use the Envelopes Indicator, which is a standard trading indicator that comes with the platform:
Choose a base line, such as a moving average (MA)
Decide whether to use a simple moving average (SMA) or exponential moving average (EMA)
Select the number of time periods to apply
Set the percentage deviation to determine the distance of the envelope lines from the base line
Set each envelope at the same percentage, above or below the moving average
© 2024 Global View