Post Through Janus Trader 03/06/2013
Markets:Any
Time Frame 15 min or higher.
Binary ideas Method Policies
1. Find the 1/3 candle
2. Enter your alternate at the beginning of the 0.33
candle and wait that candle closed.
-Discover the current style.
(To illustrate: use 50SMA or 100sMA to
pick out the present day trend. In case the associated fee is above
the SMA – the modern vogue is up or contrary)
It is easy to also use a Stochastic indicator with
parameters 5.3.3 to filter your trades. In case the
route of the stochastic is contrary of your 1st
and 2nd candles that’s better now not to alternate at that
moment and await the next “1st candle determine”.
-Open a 60 min chart or other time Body and in finding the “first
candle”.
“The First Candle” is between two
candles, and it’s the very best or the lowest of
those three candles.
Observe the chart lower than:
The first candle is observed between two candles
and that’s the best possible (or lowest ) of the three.
-Now when you seem to be to the right of the 1st candle is
the 2nd candle and the following is the third candle –
probably the most awesome for us. This manner based
on the 3rd candle.
If seem to your chart possible see lots of “three
candles figures” and all of them are outstanding
buying and selling possibilities!
Binary Ideas strategy: Trades
We BUY on the very commencing of the 3rd candle
if the cutting-edge trend is up and your candles
discern goes up
We SELL very establishing of the third candle in case the
present day fashion is down and your candles parent
is taking place.
There’s ALWAYS an opportunity to make a win alternate.: all it’s essential to do is to open few pairs charts and one can invariably in finding your 3 candles on
some pairs!
When now not to alternate
– do now not trade 1 hour in the past and after
great information or great routine
– when the third candle is towards the modern-day
trend
– when the 2nd candle closes “internal” the
1st candle:
This additionally a scalping method ( 3° Candle Scalping method) with this exit setup:
Take earnings
Your goal is 10 pips. You could also try to use a
trailing stop order to maximise your profit.
Cease loss
End loss has to be put above or below
the second candle: When you BUY – vicinity a cease 1
pip less than the 2nd candle, if you SELL – place a
stop 1 pip above the 2nd candle.
Time frames
This Scalping procedure might possibly be used with bigger time frame.
As a result make sure to set your take profit
target more than 10 pips.
Share your opinion, can assist all and sundry to keep in mind the Binary procedure.
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