Hello Traders. I would like to share with you my experience and techniques which I have developed through many experiments and observations. I hope that this method will be interesting and useful for those of you who are trying to further improve your strategy and Achieve greater success in trading.
let me start setting indicators. in today's method I set two indicators and the first one is macd. let's change the period to 5, 19 and 25.
as for the colors let me choose white and maybe yellow. the second indicator is Vortex. let's reduce the period to nine.
leave the color as they are. just taking the lines and save them. we have to set up Japanese 15c candles and we have to trade on 1 minute time interval.
as you know the last process is to select the best currency pair. for this method I choose relatively less aggressive curreny pairs. because this method gives much better results when the currency pair movements are not very aggressive.
friends, if you are interested, the link to register on the platform will be in the video description as you see, I found the first good moment and I want to tell you that this method has several good moments where you can open a position. at this particular moment when both indicators showed me a signal I definitely waited for a green candle and when the green candle Rose high enough at that moment I opened the position in the downward Direction. I also open positions at other moments and I will try to show you the situations in which you can open them.
and everything is going in a perfect way. great! I won quite convincingly and I really love when I win the first trade.
this moment is similar to the previous one but here I would like to point out the fact that makes this particular situation more convincing. this is a strong downtrend which is expressed in the candles of the currency pairs. when I see such a downtrend in this unique case I don't look at the macd candles in which direction they are made.
but there must be a crossing of the yellow and white lines of the macd or these two lines must at least touch or cross. of course of course as you can see I won convincingly. it's great but here as I observe the development of events I can still open a position with a one minute time interval in the downward direction.
as for the vortex indicator it's red and green lines must necessarily intersect with the MacD lines in combination in order for the signal of the indicator to be considered positive and strong. if both indicators in combination don't give a signal in this case don't enter the trade. that is I don't open a position in either direction.
so, combined signal of these two indicators is the main thing in this method. and then I look at the candles and other small details and let's see. .
oh unfortunately, I lost $1,000 and got the rest back. that's what happens sometimes. I could have lost the entire amount.
so, I was lucky. friends, I think I found a very good moment. the macd and Vortex indicators gave me a signal and I was missing one detail that made me wait a little bit longer.
it was the start of a green candle. as soon as the green candle started you can see that I opened the position in the downward Direction. here I also have a stronger signal from the macd in addition to crossing the yellow and white lines.
its candles are also tilted in the down Direction so, this I think this strengthens the macd signal as I already told you. and so far, I understand that this is good. I won.
. it's great to win after a previous unsuccessful moment. friends, at this particular moment what you see on the platform now according to my strategy I would wait for a green candle which would show me the right time to open a position in the downward Direction.
however during today's trading session I decided to finish discussing my method. I hope that my Approach and strategic Vision that I have shared with you so far have been useful to you. I appreciate your attention.
please, note that my videos are not investment advice. they are educational in nature. have a good day!
have a great trading day and I will see you in the next video!