ilmscore | Moving average strategy ( Course preview )

Predictions from this Video

Total: 8
Correct: 0
Incorrect: 0
Pending: 8
Unrated: 0
Prediction
Topic
Status
The speaker will explain a moving average strategy for profiting from trend continuation in the Forex market.
"I'm going to explain to you exactly how to set up these moving averages and how I use them in order to profit from Trend continuation in the Forex"
Forex Trading Strategy
Pending
A Forex trading strategy requires the 100 EMA to be above the 200 EMA, and price action must be rejected off the 100 EMA.
"the rules the 100 EMA must be above the 200 EMA for our first rule and price action must be rejected off of The 100 EMA that's the second rule"
Forex Trading Strategy Rules
Pending
The described Forex trading strategy is highly effective during trending market conditions.
"this strategy works very very well when the market is trending"
Forex Trading Strategy Performance
Pending
A live day trade on the dollar Swiss using the EMA strategy has already hit first targets and moved stops to break even.
"we've already taken off first targets moved our stop to break even and we're doing pretty good on this position so far"
Forex Trading Strategy Example
Pending
A specific trade entry at 9816 on the dollar Swiss has hit first targets and is progressing towards second targets.
"our entry was 9816 and as you can see we've already hit first targets and are well on our way to our second targets"
Forex Trading Strategy Entry
Pending
Second targets for a Forex trade are set around the 9888 area, identified by looking for structure on the 4-hour chart.
"I chose the 4-Hour chart to look for a level of structure in order to place my second targets up under and that is where they lie somewhere around the 9888 area"
Forex Trading Strategy Targets
Pending
When preparation meets opportunity, success becomes inevitable.
"more often than not success is inevitable"
Trading Success Principle
Pending
Successful trading involves defining an edge by consistently applying a strategy with entry rules where winning trades occur more often than losing trades.
"it will be you defining an edge in the market you knowing that when you place a certain trade using a certain rule for entry using rules that you've created in a strategy knowing that if you consistently do that you win more than you lose"
Trading Edge
Pending