The Rules to the Currency Trade
Pivot Points: The Moment You Engage Trades with the Momentum.
1st Resistance Level
2nd Resistance Level
3rd Resistance Level
1st Support Line
2nd Support Line
3rd Support Line
The Market Price is aka MP. Military Police.
Stay with the Market Price at all times. With all trades. Engage in the Momentum the market price is moving towards.
If it is a bear market, or a sell, the price will then vigourously smash, past all three supporting lines. This creates a new one month low. The 13th or 52 week high is a good sales trade point to trade sells, at, or from.
If it is a bull market, or a buy, the price zooms, zooms and zooms thru the ceilings of resistance levels, creating a new one month high on the chart of profitable numbers. The 13th or 52 week low is a good buy trade point to trade buys, from, or at.
The Market Price is near one zone at a time. The support lines are the West Coast Crips. But these Crips don't press the blue button for buys until the red zone is clear. Crips in a red zone. Be careful. Trade cautiously. You sell the red zone past all three support lines.
West Coast Crips? They Sales trade.
East Coast Bloods? They Buy trade.
You buy the blue zone. The blue zone is really the land of the resistance level. This is a trick elevator. 2nd floor is for the dead trades. There is no 2nd floor of safe sells in a buy or red zone. There is no such thing as the second floor for buys in the West Coast sales zone.
There is no 3rd floor. There is only one floor. The first resistance level in a bull or buy market season is a rocket ship
The first support line in a bear or sales market season is a supersonic submarine. You won't ex-plode. Only your debt will. If you do not follow these rules you will lose every single dollar and at every single time. Don't jump in The market on some bull unless its on some bull market bull.
The resistance levels are the East Coast Bloods. The East coast bears. Its either analogies or a bunch of squiggly lines you don't want to interpret yourself. These analogies are the indicators.
The West Coast Crips are Death row and Tupac. The East Coast Bloods are Bad Boy and The Notorious B.I.G. Biggie Smalls. This is our shorthand. In 60 seconds you can read the chart is the goal, using this shorthand to guide you.
Quick, is the market price nearer to Tupac or Biggie? Where is the market price on vacation at? On which coast, is the current market price located? You have just identified the trend. Using barchart.com XAGUSD cheaters sheet.
Using investing.com XAGUSD or WTI CRUDE historical data tabs, we scroll down to see the historical overview of the monthly market price log. The Five categories.
The Five Moving Averages. Tarantino's next film. The High. The Low. The Average. The Difference and the Change in percentage. Double trilogy.
In a bear market or sales trade trend, or Biggie the Red Bear, the difference is to be subtracted from each of the three main averages.
In a bull market, or Tupac market, the difference is to be added to each of the three main averages. This calculation is the pulse. Where will silver and oil be pulsating in the next weeks? Add or subtract $1 from the average, the low and the high, to see how much you'll earn if you stay in the same direction, based on the safest numbers the charts offer.
Each of the numbers you see, within the Momentum zone of resistance levels and average lows or support lines and average highs.
The three main averages. The High, the Low and the Average. The average is the substitute for the lowest it will go in a bull market. Subsequently labeled the Average Low in Bull market. The Average is the substitute for the highest it will go in a bear market. Consequently named the Average High in Bear market.
This trading form is known as either momentum or price action. Momentum trading is different than price action trading. We catch all price action by Momentum trading.
Never trade against the Momentum. Never trade against the tide. Do you not want to make it to shore? Trade with the trend. Oh younwant to drown? Trade with the tide then. Trade with the tide. Or experience 1000 ways to lose the bag. Quick, fast and in a hurry.
In a bull market, no sales past the Average low. On investing dot com XAGUSD historical data page the Average can be seen and be aware, it changes. This chart is your favorite cousin on your paternal side. The barchart cheaters sheet is your favorite cousin on the maternal side. On barchart cheaters sheet of chart numbers to play, you stop between the low and support line one in a bull market.
When the market price is travelling between the resistance levels, remember how many floors the trick elevator actually has. Well? Do you remember the trick about the 1st floor? It automatically, once touched, smashes all opposite trades. All stop losses gone and all take profits invisible and forgotten, if the trades were heading for support line #2. 😂
There is only one floor touched, at best, in the opposite shore, of the market prices vacation location. In between "The Low and the support line one" on barchart. "Average" on investing dot com historical data chart at the very bottom of the page.
These two charts give you the numbers to play. You play the same numbers on the 3 resistance levels or support lines, depending on the trend. Trend reliant. Step One is to ascertain the trendy location. Where's Trendy?
Find the trend then find a dollar. How many dollars can you find? How many times per hour can you plug in a number on the resistance level or support line? No opposite trades between levels one and three or lines one and three.
As beginners, don't focus on finding the short sells in a bull market. Just keep typing in the resistance levels and the average low. This will get you the same amount of points. After it touches resistance level 3 from 1, cash out.
Replay the same numbers and the new numbers on the chart in the same direction. Catch the Average low in the bull market. Catch the Average High in the bear market. Biggie and the Average High. Tupac and the Average Low.
The trick elevator rules: There is no second floor or third floor drop off. The drop off is not what you want. Ever get off of a rollercoaster mid air? That's trade account death with margin call Heaven included free of charge.
Wake up in trade purgatory like "really?". When trading WTI CRUDE oil and Silver, let support line 3 or resistance level 3 be pushed past 100-150 points before placing one opposite direction trade. Then only take that to level or line one and cash out.
The average is the lowest or highest you want to go, in each individual scenario. The price difference between the Average and the 1st level and line. In all situations pay attention to this.
I will be paying close attention to these numbers and I ask of you the same. The S lines and R levels, are the Shorthand. It all boils down to the Short Buy or Short Sell.
If you can tell me the Short term profitable trade comrade, you can tell me the long term profitable trade. The short trade vs the long trade. Could be a short buy or a short sell. Never know until you know. You don't want to find out the hard way.
Scenario #1: The Momentum is Buy the Blue Bulls.
Scenario #2: The Momentum is Sell the Red Bears.
That's the answer you're scouring the chart numbers for, identifying the scenario.
The Moving Average - The Moving Number. The car with the gas. The oil? What car has oil in it for oil? What car has oil in it for silver? Which silver gas tank is full of oil? Which oil gas tank is full of oil? Filled by silver. In what tank did you pour your silver into? This is how us traders talk. We get right to the point...pivot points.
The Low is out of gas. Not in a bear but in a bull market. The Bull Runners and the Bear Runners are the name of the winning trades or traders. You want to run with the Bears in a Bear run market. You want to run with the Bulls in Bull pen markets.
Support Line 3 minus 100-150 points is safe for one trade down to average or support line one. Applied in Bear.
Resistance Level 3 plus 100-150 points for a safe sales trade in Bull market.
This is referred to as the pulse of oil and silver. Silver and oil has a pulse of 100-150 points. You calculate these digits on a calculator or fry your brain. These profits can't be imagined by your brain, you won't believe your minds eye.
Here is how you use what I just told you Ladies and Gentlemen.
How much do you make at your job per day?
If you make $100 per day, please place one day's pay in the account. Or start with 20-25% your daily wage, one time, and in one account.
the crude trading equation for $100 per day, from your home phone. The cell phone you only use in your home or office.
Please identify the profitable coastline. Then place the trade at line or level one. Which coast is the market prince's momentum, closer to? Ok then. Go!
The first trade will not be pending order. Market execution for the first trade but place take profit at 100 points past level or line three...depending on trend.
Scenario #1: The Momentum is Buy the Blue Bulls.
Scenario #2: The Momentum is Sell the Red Bears.
If it is Scenario #1 then you buy each resistance line and the high and the low. You plug these numbers in directly. You are placing a pending order. Surprise wallet! Wallet Surprise! Plug in the closest numbers on the chart to the resistance levels and then plug in all resistance levels.
Silver trading minimum is $10-$20. Trade silver first please. Get your feet wet. Then get your wet wipes. $1 in points is what silver pulsates weekly. The Difference on the historical data tab for investing dot com will reflect a $2-$4 change in difference.
$1 weekly moves for silver. Each $1 in price changes the trade profits to $100 per trade for silver. 10 trades holding all week to catch the $1 price change is $1000 in 5 days. Get from Level $20 to $100 first. Then trade 5 to 10 different chart numbers in one color trade, all day, back and forth.
$100 silver weekly trades. Playing the resistance levels all day and all night. Playing the Average or average low. Only in Scenario #1. Silver is now in Scenario #1. It is Bull season. For $100 per day you're going to eventually build the account to $100 in profit then place 5 trades. 3 trades for each resistance level.
For Scenario #2 it is black candle if this is the white candle. The complete opposite. White and green candles represent profit for buy trades. Black or red candles represent profit for the sales trades.
From $20 in the silver trading account. Placing a pending order type buy limit in a bull market with Pac. You'll have to plug in one order first. Pick the Average low or resistance level one, if resistance level one hasn't yet been pushed.
Your account will double. $40. Level #40. Cash out and then double the $20 again. Repeat 5 times total. You are now making $100 per day and as a rookie I highly advise you secure every double you earn and then start over. Secure the bag rookie.
It is either going to be a bull rush or a bear run. Don't just pick one. Pick the professionally profitable coast line to coast from.
If Pac is winning, stay on the West coast with Pac.
If B.I.G. is winning, stay on the East coast.
Scenario #1: The Momentum is Buy the Blue Bulls.
Scenario #2: The Momentum is Sell the Red Bears.
Pending order sell limit. Set all take profits at 100 points under support line three or the one month low.
Pending order buy limit. Set all take profits at 100-150 points above resistance level three or the one month high.
Once you are operating an account with $100 to $1000 its going to be way more automatic. You plug in these numbers in the Momentum direction only and you set your take profits for 100 points past the 3rd line or level. Respectively.
Buy Limits are Tupac trades. Sell Limits are Biggie trades. Scenarios one and two.
Thank you, I'm exhausted.
This has been a Chadtrades production.
Proofread.