Why do you like trading without any indicator can you show us a live market trade and welcome back to trading strategy testing channel where we learn and test your trading strategies last week we released a video where we traded in a live forex market without any single indicator Your engagement was amazing and many of you asked us to do another part we decided to make it finally and include some important tips and recommendations that could improve the success rate of your trades exponentially you also asked me on many occasions about my favorite trading strategy I can tell you that the one we will use today to enter our live market trade is among my top three strategies ever we will start by conducting the technical analysis choose our entry take profit and stop loss based on a solid strategy and answer some of your questions from the youtube comment Section facebook group and telegram channel at the end i will share with you some important tips that could define how successful we could be in the forex market if this is your first time here consider subscribing to the channel and give us a thumbs up to help the channel grow and Encourage us to make more content in future let’s get started let’s begin our technical analysis i have pre-selected the pound yen pair from the fundamental analysis i have conducted before the stage feel free to check out the previous live market trading sessions where we selected a pair from a list of 60 pairs That the broker is offering and used macd bollinger bands as well as support and resistance strategies to define a high probability trade the pound yen is almost synonymous with volatility in the forex market it has earned multiple nicknames such as the beast and the evil i personally call it mr volatility let Me know in the comments section which pair deserves to be called ms volatility you might have noticed in the previous videos that my trading style relies a lot on fundamentals i usually analyze the news in the major events using various techniques to find the right pair to trade and then Carry out an in-depth technical analysis in today’s video we will start as usual by adding the key levels as well as the support and resistance areas to the chart a strong key level is usually spotted immediately after looking at the chart don’t waste too much time trying to find Them if they are not easily seen they must have a low impact on the price actions it’s better to start from the daily time frame and come down to the four hours than one hour chart the 15 and five minutes charts are usually used to draw the swing high and lows And to define the entry point stop loss and take profit other than that make sure that the pair is not trading at a historical level after a few years trading forex you will be able to memorize some of the historical prices if you have just started trading make Sure you check out the yearly chart it would take a few seconds and could save you from making some unnecessary mistakes there are two golden rules while placing an order first make sure that the price will have to overrun and surpass various boundaries before hitting the stop loss by Boundaries i mean a strong key level a major supporter resistance area the 200 ema or a historical line on the other hand the take profit level should be easily reached if you are going long for instance never set your take profit above a resistance level when going short make sure your take Profit is closer than the nearest support area you can notice that our entry is right above a support line the take profit is slightly below a resistance area and the stop loss is below the recent major swing represented by the red rectangle the risk to reward ratio comes next it Doesn’t need to be more than one to one stick to the end of the video where i will share with you a trick that will significantly increase the profitability of your trades you might have noticed that the entry is below the current price level many traders tend to leverage a buy Limit order to enter the market in these conditions the buy limit order will allow you to catch the price at your desired price but i personally prefer the buy and sell stop orders if you have watched the recent video we made about trading with the awesome oscillator and exponential moving average crossover You will know the reason when you place a buy limit order in this setup the price might break the support line and hit your stop loss after it’s better to wait for the price to make some price action that will help us evaluate the chance of breaking the support level To be safe make sure to avoid entering this trade before the opening or closing of a market session as the price might tend to make some spectacular spikes if the price faces a strong support from the bulls you will enter a buy stop order which will only be triggered if The price bounces up let’s move to our trading platform the price is still above our desired entry one so we won’t be able to place a buy stop order at the moment we will wait for the price to come down evaluate the response of the support line If everything goes our way we will proceed to place a buy stop order the best way is to set an alarm the alarm will give you a notification when the price is approaching the zone you are focusing on follow me how i set everything up on metatrader Since we are anticipating a long trade we should set the alarm on the ask price so based on this alarm setting the software will give us a sound notification when the ask price is below the value we entered do you see this red arrow this is the actual alarm level you can Adjust it by dragging it up or down it’s better to set it slightly above your desired entry point to give you some time to get ready to place your trade while waiting for the price to get to our desired entry point kindly give this video a thumbs up it Helps us a lot growing this channel it only takes one or two seconds but it means the world to us i usually go grab a coffee and look at the pool from my balcony while listening to some podcaster music i do miss the beach and hope the Situation will get better soon so we could travel sometime and who knows maybe set up a meetup to celebrate our fast-growing community let me know in the comment section what you usually do while waiting for the price to go in your favor or hit you take profit speaking about our fast growing Community let’s answer some of your questions from the comment section i noticed that many of the subscribers are waiting for the second part of the so-called 100 win trading strategy the first part is one of the most popular videos on this channel at the moment we are about to finish Some of the test we are conducting to make sure that we provide you a full comprehensible report and feedback on this strategy the process takes some time so i suggest you to hit on that subscribe button and activate the bell icon to make sure that you receive the notification As soon as we release the second part of the strategy you can also join our other social media network available in the video description Another popular request that we get often is about the parabolic sar strategy it’s one of my favorite indicators in forex the video will be released sometime this month with a particular solid trading strategy that i always enjoy sharing with my students let’s get this video to 1000 likes to Help this channel grow and support us to continue offering more content…
write 2100 words and add headings article based on this youtube script use 20 words in a sentence in maximum 25% of sentencesWhy do you like trading without any indicator can you show us a live market trade and welcome back to trading strategy testing channel where we learn and test your trading strategies last week we released a video where we traded in a live forex market without any single indicator Your engagement was amazing and many of you asked us to do another part we decided to make it finally and include some important tips and recommendations that could improve the success rate of your trades exponentially you also asked me on many occasions about my favorite trading strategy I can tell you that the one we will use today to enter our live market trade is among my top three strategies ever we will start by conducting the technical analysis choose our entry take profit and stop loss based on a solid strategy and answer some of your questions from the youtube comment Section facebook group and telegram channel at the end i will share with you some important tips that could define how successful we could be in the forex market if this is your first time here consider subscribing to the channel and give us a thumbs up to help the channel grow and Encourage us to make more content in future let’s get started let’s begin our technical analysis i have pre-selected the pound yen pair from the fundamental analysis i have conducted before the stage feel free to check out the previous live market trading sessions where we selected a pair from a list of 60 pairs That the broker is offering and used macd bollinger bands as well as support and resistance strategies to define a high probability trade the pound yen is almost synonymous with volatility in the forex market it has earned multiple nicknames such as the beast and the evil i personally call it mr volatility let Me know in the comments section which pair deserves to be called ms volatility you might have noticed in the previous videos that my trading style relies a lot on fundamentals i usually analyze the news in the major events using various techniques to find the right pair to trade and then Carry out an in-depth technical analysis in today’s video we will start as usual by adding the key levels as well as the support and resistance areas to the chart a strong key level is usually spotted immediately after looking at the chart don’t waste too much time trying to find Them if they are not easily seen they must have a low impact on the price actions it’s better to start from the daily time frame and come down to the four hours than one hour chart the 15 and five minutes charts are usually used to draw the swing high and lows And to define the entry point stop loss and take profit other than that make sure that the pair is not trading at a historical level after a few years trading forex you will be able to memorize some of the historical prices if you have just started trading make Sure you check out the yearly chart it would take a few seconds and could save you from making some unnecessary mistakes there are two golden rules while placing an order first make sure that the price will have to overrun and surpass various boundaries before hitting the stop loss by Boundaries i mean a strong key level a major supporter resistance area the 200 ema or a historical line on the other hand the take profit level should be easily reached if you are going long for instance never set your take profit above a resistance level when going short make sure your take Profit is closer than the nearest support area you can notice that our entry is right above a support line the take profit is slightly below a resistance area and the stop loss is below the recent major swing represented by the red rectangle the risk to reward ratio comes next it Doesn’t need to be more than one to one stick to the end of the video where i will share with you a trick that will significantly increase the profitability of your trades you might have noticed that the entry is below the current price level many traders tend to leverage a buy Limit order to enter the market in these conditions the buy limit order will allow you to catch the price at your desired price but i personally prefer the buy and sell stop orders if you have watched the recent video we made about trading with the awesome oscillator and exponential moving average crossover You will know the reason when you place a buy limit order in this setup the price might break the support line and hit your stop loss after it’s better to wait for the price to make some price action that will help us evaluate the chance of breaking the support level To be safe make sure to avoid entering this trade before the opening or closing of a market session as the price might tend to make some spectacular spikes if the price faces a strong support from the bulls you will enter a buy stop order which will only be triggered if The price bounces up let’s move to our trading platform the price is still above our desired entry one so we won’t be able to place a buy stop order at the moment we will wait for the price to come down evaluate the response of the support line If everything goes our way we will proceed to place a buy stop order the best way is to set an alarm the alarm will give you a notification when the price is approaching the zone you are focusing on follow me how i set everything up on metatrader Since we are anticipating a long trade we should set the alarm on the ask price so based on this alarm setting the software will give us a sound notification when the ask price is below the value we entered do you see this red arrow this is the actual alarm level you can Adjust it by dragging it up or down it’s better to set it slightly above your desired entry point to give you some time to get ready to place your trade while waiting for the price to get to our desired entry point kindly give this video a thumbs up it Helps us a lot growing this channel it only takes one or two seconds but it means the world to us i usually go grab a coffee and look at the pool from my balcony while listening to some podcaster music i do miss the beach and hope the Situation will get better soon so we could travel sometime and who knows maybe set up a meetup to celebrate our fast-growing community let me know in the comment section what you usually do while waiting for the price to go in your favor or hit you take profit speaking about our fast growing Community let’s answer some of your questions from the comment section i noticed that many of the subscribers are waiting for the second part of the so-called 100 win trading strategy the first part is one of the most popular videos on this channel at the moment we are about to finish Some of the test we are conducting to make sure that we provide you a full comprehensible report and feedback on this strategy the process takes some time so i suggest you to hit on that subscribe button and activate the bell icon to make sure that you receive the notification As soon as we release the second part of the strategy you can also join our other social media network available in the video description Another popular request that we get often is about the parabolic sar strategy it’s one of my favorite indicators in forex the video will be released sometime this month with a particular solid trading strategy that i always enjoy sharing with my students let’s get this video to 1000 likes to Help this channel…