Power of Trading
Learn a trading strategy to achieve profits with clear buy and sell signals using the Pivot Point Super Trend and SD CPR indicators, and the MACD indicator. This video demonstrates how to use these indicators to filter out false signals and make profitable trades, and offers tips for setting stop loss and profit targets. This strategy can be applied to any timeframe and is suitable for both beginner and experienced traders.
Highly Effective Trading Strategy: A Step-by-Step Guide
Introduction
– Learn a highly effective and easy-to-apply trading strategy
– Designed to bring significant profits with consistent success
– No complicated techniques or tools required
– Guide to every step of the strategy explained clearly and concisely
Setting up the Strategy on Your Trading Platform
– Pound sterling to Japanese yen currency pair
– 15-minute time frame preferred, but adaptable to other time frames
– Three free indicators used: Pivot Point super Trend, SD Central pivot range (SD CPR), and MACD plus SMA 200
– How to add the indicators and set them up
Using the Pivot Point Super Trend Indicator to Make Profitable Trades
– Buy signals and sell signals
– High success rate when used correctly
– Additional details and tips for maximizing success
Filtering Out False Signals with the SD CPR Indicator
– Support and resistance lines
– Identifying areas of market consolidation or range-bound trading
– Adjusting settings (cross option, replace 7 with 100)
– How to use SD CPR in combination with Pivot Point Super Trend
Determining Stop Loss and Profit Target Levels
– Simple but effective technique
– Applying it to long and short positions
– Aiming for risk-to-reward ratio of at least 1.5
Using All Three Indicators Together for Executing Trades
– MACD plus SMA 200 added to the mix
– Buy and sell trade examples with step-by-step guidance
– Technical analysis and price action confirmation
– Placing stop loss and profit targets for each trade
Conclusion
– Highly effective trading strategy that anyone can learn and apply
– Adaptability to different time frames and platforms
– Clear and concise guidance for every step of the way
