RSI and Bollinger Band Trading Strategy
4.8 هزار بار بازدید -
4 سال پیش
-
Bollinger Bands and RSI Trading
Bollinger Bands and RSI Trading Strategy for beginners - very simple concept that generally works on any forex pair and any timeframe.
I use 5 confluences to enter and exit trades:
- Support & Resistance lines
- Entry Candles
- Bollinger Bands (Indicator)
- RSI (Indicator)
- Top-down analysis - Daily down to 15-minute candlesticks
This strategy is one that I had self-taught over the past few years and rarely fails me.
It works on any forex pair.
Wait for price to reach support and resistance zones, check the confluences and enter. Place the stop a few pips beyond the high or low of the candle and target the next zone.
Aim for a minimum of 1:3 (300% Profit).
NOTE: Price tends to move between certain areas on the higher timeframes. Although not always through standard (flat) support & resistance lines, on some pairs you can perform the same actions using a simple trend line.
Feel free to ask any questions in the comments.
...And if you'd like videos being made on other strategies, indicators or topics in forex, feel free to ask :)
Paul
📲 JOIN MY DISCORD TRADING COMMUNITY - FTR TRADING 📲
https://shorturl.at/hKNTU
🔥 WANT TO KNOW WHAT BROKER I USE FOR AMAZINGLY LOW SPREADS? 🔥
http://icmarkets.com/?camp=66623
📈 MAXIMISE YOUR TRADING EDGE 📈
https://forextester.com/?utm_source=P...
Use the coupon code: TFWP10FT
📈 CHART SOFTWARE 📈
https://bit.ly/3R6hARP
💡 VIDEOS TO HELP 💡
How to use the Inside Bar: Inside Bar Trading Strategy | How I u...
Full Order Block Strategy 151% trading AUDJPY: BACKTESTING ORDER BLOCKS | Full Forex...
Supply and Demand vs Support and Resistance: Supply and Demand vs Support and Resi...
Gaining 90% in just 2 days: Order Block Trading Strategy | 90% Ga...
Reversal Trading Patterns: SMC | Forex Reversal Trading Patterns
35% available on EURUSD this week alone: Price Action Trading | EURUSD | 35% t...
📽️ PREFER A PLAYLIST? 📽️
EURUSD Trading Strategy: Order Block Trading Strategy | EURUSD
AUDJPY Trading Strategy: Order Block Trading Strategy | Backte...
XAUUSD Trading Strategy: Order Block Trading Strategy | Backte...
💵 FUNDING 💵
THIS IS WHERE I GAIN LARGER CAPITAL FROM (Trade up to $400k/£280k):
https://bit.ly/3hWSNzc
📸 SOCIAL 📸
Instagram - Instagram: realpaulmagee
*PLEASE NOTE*: There are a lot of people imitating my account - there is only one of me: @RealPaulMagee
DISCLAIMER
I am not a registered financial adviser and hold no formal qualifications to give financial advice. Everything that is provided in this video is purely for educational purposes only. All information here should be independently verified, researched, and confirmed.
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex Market, you should carefully consider your investment objectives, level of experience, and appetite for risk. Most importantly, do not invest money you cannot afford to lose.
I use 5 confluences to enter and exit trades:
- Support & Resistance lines
- Entry Candles
- Bollinger Bands (Indicator)
- RSI (Indicator)
- Top-down analysis - Daily down to 15-minute candlesticks
This strategy is one that I had self-taught over the past few years and rarely fails me.
It works on any forex pair.
Wait for price to reach support and resistance zones, check the confluences and enter. Place the stop a few pips beyond the high or low of the candle and target the next zone.
Aim for a minimum of 1:3 (300% Profit).
NOTE: Price tends to move between certain areas on the higher timeframes. Although not always through standard (flat) support & resistance lines, on some pairs you can perform the same actions using a simple trend line.
Feel free to ask any questions in the comments.
...And if you'd like videos being made on other strategies, indicators or topics in forex, feel free to ask :)
Paul
📲 JOIN MY DISCORD TRADING COMMUNITY - FTR TRADING 📲
https://shorturl.at/hKNTU
🔥 WANT TO KNOW WHAT BROKER I USE FOR AMAZINGLY LOW SPREADS? 🔥
http://icmarkets.com/?camp=66623
📈 MAXIMISE YOUR TRADING EDGE 📈
https://forextester.com/?utm_source=P...
Use the coupon code: TFWP10FT
📈 CHART SOFTWARE 📈
https://bit.ly/3R6hARP
💡 VIDEOS TO HELP 💡
How to use the Inside Bar: Inside Bar Trading Strategy | How I u...
Full Order Block Strategy 151% trading AUDJPY: BACKTESTING ORDER BLOCKS | Full Forex...
Supply and Demand vs Support and Resistance: Supply and Demand vs Support and Resi...
Gaining 90% in just 2 days: Order Block Trading Strategy | 90% Ga...
Reversal Trading Patterns: SMC | Forex Reversal Trading Patterns
35% available on EURUSD this week alone: Price Action Trading | EURUSD | 35% t...
📽️ PREFER A PLAYLIST? 📽️
EURUSD Trading Strategy: Order Block Trading Strategy | EURUSD
AUDJPY Trading Strategy: Order Block Trading Strategy | Backte...
XAUUSD Trading Strategy: Order Block Trading Strategy | Backte...
💵 FUNDING 💵
THIS IS WHERE I GAIN LARGER CAPITAL FROM (Trade up to $400k/£280k):
https://bit.ly/3hWSNzc
📸 SOCIAL 📸
Instagram - Instagram: realpaulmagee
*PLEASE NOTE*: There are a lot of people imitating my account - there is only one of me: @RealPaulMagee
DISCLAIMER
I am not a registered financial adviser and hold no formal qualifications to give financial advice. Everything that is provided in this video is purely for educational purposes only. All information here should be independently verified, researched, and confirmed.
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex Market, you should carefully consider your investment objectives, level of experience, and appetite for risk. Most importantly, do not invest money you cannot afford to lose.
4 سال پیش
در تاریخ 1399/07/29 منتشر شده
است.
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