Saturday, April 9, 2022

THE MACD SUMMARY FOREX TRADING STRATEGY 2022

Here is the step by step guide I use to building equity in my trading accounts. I am currently trading using the ichimoku cloud indicator solely on my meta trader chart and the 200 EMA and SMA. I use the tradingview technical chart and the investing.com technical analysis chart. I trade US and UK oil, BRENT and WTI Crude. I trade silver XAGUSD and a crypto set found on www.fxsway.com I trade the crypto of dogecoin, DOGEUSD, Tron TRXUSD, Stellar Lumens XLMUSD, and Ripple XRPUSD Here is how I analyze the charts from the start. I go to my demo account first and place a hedged trade, a trade in both directions. To hedge your bet is to buy and sell the same asset from the same or different price levels. I get my price levels from the investing.com technical analysis MA moving averages chart. I call it the price level step ladder. The MA SMA and EMA. The simple and exponential moving averages. I keep my eyes on the MA 20 AND the MA 100. After placing my demo trades initially, I let the trades mature and go to the hourly meta trader chart and the one minute to watch the price scroll in the winning direction. I only trade the demo account how I want to. I only trade the live account how I have and need to. Here is how I need and have to trade assets on meta trader. I click technical analysis tab on investing dot com. All charts follow the higher charts. The 5M MACD doesn't influence the 15M MACD. The 15M MACD influences the 5M. The 1 Hour MACD and summary influences all lower charts under it's jurisdiction. The most reliable jurisdiction to adhere to is the 5HR. I make my decision based on the 1 HR, 5HR, DAILY, WEEKLY, and MONTHLY MACD. I look at the MONTHLY MACD to see what direction it's going up on a monthly basis. Then I look at the summary. Here is how I calculate the charts. Every Chart under the 5HR will reflect the 5HR summary. The summary will either say buy, sell, strong buy, strong sell or neutral. Neutral means it's still pushing the current signal. Go with the highest neutral, the daily or weekly or.monthly neutral. As far as the 5HR chart goes you trade based on the 5HR summary. If the 5HR MACD says sell, then sell is your short. If the 5 HR MACD says buy, then buying is the short. If the 5HR summary says strong buy or buy you buy it. When the 5HR summary says neutral you prepare to switch once the neutral turns to the opposite color of the MACD. If the DAILY MACD says buy then buy is your long. You only go long however when the DAILY and 5HR says strong buy or buy as the summary. A quick glance trade is based on the DAILY 5HR and HOURLY summary.. If the 5HR summary says strong buy you buy it until it says sell. If the 5HR summary says strong sell, then you sell it until it changes to buy. Only bet on the 5HR MACD and summary. Whatever the 5HR summary says you go with that. Until the 5HR summary says buy you sell strong. Until the 5HR summary says sell you buy strong. Every trade is made based off of a different chart summary. You catch every profitable trade this way. One trade from 5M summary This trade will either be based on the MACD 5 hour or 5 hour summary. Two trades per chart 5, 15, 30, and 60 minute, 5 hour, DAILY, WEEKLY, MONTHLY charts. 8 trades. Fits my criteria. I always have ten trades. 4-10 trade Chizzi. 4-10 trades is the riskiest trade style ever. The only way to make this work is to only trade each trade based on a different summary or MACD. You can double up instead on 4 summaries and macds total. You can do four trades based on the 5HR summary. Half of your bet is on the 5HR summary. The rest of your 5 trades are based on summaries and MACDS that match the 5HR summary. If not then you have to babysit these summary trades from the lower level charts. Who is on the third floor? Each chart is a floor in a building. 15M chart is your third floor. The third MACD and summary is your third floor. When the HOURLY chart summary says buy and the macd is red and the 5HR summary is red and DAILY summary is red then you buy until it goes neutral. Neutral is the yellow light. You can slow up trades and close them at neutral. You can get into new trades but in the same direction only until the summary says the opposite signal. The green light on a buy is after neutral in a sell MACD. The green light on a sell is after neutral in a buy MACD. One of your four left over trades can follow that. Buy a lower chart summary until it changes. 5M 15M 30M summary. Summary glossary. Neutral continue in the MACD direction. Buy summary in a sell MACD equals slight retracemrnt upwards until further notice. Sell summary in a buy MACD equals slight retracement downwards until further notice. Buy option one until option one expires. Sell option two until option two expires. Exercise each trade in a different account. Thank you all for reading. If this strategy works for you and you trade live and profit then send $10 every cash out. $cfk89

No comments:

Post a Comment