Live trading

This trading setup happens daily Thumbnail@300w

A frequent Trading Setup (that happens Daily)
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There are trading setups that form once in a while and setups that happen systematically like the case of the very frequent trading setup that we discuss here.

First, the bad news:

Rare trading setups usually offer bigger profits…

But here’s the deal.

What if you know one frequent trading setup that can generate nice profits on a daily basis?

Yes, because you’re about to learn one of the highest probability trading setups that occur every single day on different assets, like stocks, forex, crypto, and more.

Moreover, once you learn the trading strategy that we build around it, you will be able to exploit it for scalping, day trading, swing trading, and even position trading.

Basically, we look for a breakout (in this case, a breakdown) of a consolidation within a bigger trend.

Then we simply look at our indicators for the confirmation of our technical analysis.

By doing so, we maximize the chances of being correct because we get into a trend continuation and we exploit long-validated technical indicators like the Breakout Pivotal Bars, and the Sentiment Index.

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Trade setup – 9 Apr 2018

This trading setup happens daily Setup 1

In the coming hours or days, we might get an interesting setup on this TradingView chart.

What we are interested in is a trend continuation to the downside if our indicators will confirm the setup.

First of all, we need a breakdown of the consolidation that we’ve identified, then we can check what the indicators tell us.

Trade update – 9 Apr 2018

This trading setup happens daily Setup 2

We have the setup and it’s confirmed both by the Breakout Pivotal Bars, which broke the consolidation down with a red candle, and the Sentiment Index, which broke down its trendline at the same time.

We set the stop loss just above the current candle because we’re expecting an impulsive move to the downside, so the price should not come back up from the current level.

To set the target, instead, we simply project the previous impulse to the downside, starting from the highest point in the consolidation which just got broken.

Trade update – 10 Apr 2018

This trading setup happens daily Setup 3

The price is moving down nicely without any issue whatsoever.

Trade closed – 10 Apr 2018

This trading setup happens daily Setup 4

After just one more candle we were able to close the trade for an almost 2.3x return.

As we expected, we ended up closing another profitable trade that played out very smoothly until the price reached our target.

Once you learn how to trade breakouts in forex with this very frequent trading setup and the fx strategy that we developed around it, then you realize that the market offers very similar trading opportunities each and every day.

But now we’d like to hear from you!

Are you able to consistently trade similar opportunities each and every day?

Or maybe you have a big set of different setups that you trade occasionally?

Feel free to share your experience by leaving a comment on the YouTube video above.

Trade between Resistance and Support levels Thumbnail@300w

How to Trade between Support and Resistance
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Being able to trade Support and Resistance levels is one of the best ways to be consistently profitable in trading.

The best part?

There’s one support and resistance indicator for TradingView which is able to identify key trading levels in real-time.

It’s called the Levels and Zones and in today’s trading opportunity we take particular advantage of it.

In particular, the resistance level that the indicator displays is useful in safely setting our stop-loss.

On the other hand, the support will be used, instead, as our take-profit level.

If you want to learn how to trade based on support and resistance levels, you should definitely consider developing your strategy around the Levels and Zones.

The good thing?

In the following trade opportunity, you can learn and replicate our own (very profitable) support and resistance strategy.

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Trade setup – 26 Mar 2018

Trade between Resistance and Support levels Setup 1

A very clear setup has formed just below a major resistance. This indicates a high probability trade and so we trade it!

In particular:

    1. The price and the RSI Exhaustion are in divergence
    2. The RSI Exhaustion is bullish exhausted
    3. A now top (displayed by the Bottoms Tops Signal) formed and it is now confirmed

We set the stop loss just above the resistance so that we are extremely safe and protected, and we set the target down at the major support.

In this case, the Levels and Zones indicator is offering us a very clear picture of where the price can move, and with the help of the other indicators, we can predict where it will most likely move.

Trade update – 27 Mar 2018

Trade between Resistance and Support levels Setup 2

In the setup above we erroneously placed the entry point at the bottom of the candle, but the candle closed higher (in our trading account it was correct!).

So, in our trading account, we entered at a much higher price and so the actual risk-reward is better, it’s 5.3 to be precise.

Now the price is moving into the stop loss area but we are enough protected by the sell zone and the major resistance.

Trade update – 27 Mar 2018

Trade between Resistance and Support levels Setup 3

The price is now slightly lower but it’s finding a hard time moving down.

However, the RSI Exhaustion is moving significantly lower and so the price should follow.

Trade update – 28 Mar 2018

Trade between Resistance and Support levels Setup 4

We are now about halfway into the target so there’s still a long way to go.

The price movement allowed us to move the stop loss to breakeven so that, from now, we are in a risk-free trade.

Trade update – 28 Mar 2018

Trade between Resistance and Support levels Setup 5

The volatility has increased and the price is almost down to our target.

By making a simple candle analysis we see a bearish setup and so we can be confident in saying that we should see a lower price.

Trade closed – 29 Mar 2018

Trade between Resistance and Support levels Setup 6

We just reached the target of this trade between resistance and support levels.

Ultimately we got a very profitable trade with a 5.3x return which was achieved by executing a very profitable strategy between two major trading levels.

Now we’d like to hear from you!

Do you take advantage of support and resistance levels for your trading or do you believe they are just meaningless psychological levels?

Let us know by leaving a comment on the YouTube video above.

Aggressive (High Risk) Trading Strategy
Aggressive (High Risk) Trading Strategy 300 169 Minimalist Trading - Indicators for TradingView
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Aggressive trading is often intimidating because it involves high risk (with no guarantee of high profits).

However, aggressive doesn’t always mean that you should not trade.

In fact, with a bit of experience and the right trading indicators, you can trade each opportunity safely.

Today we’re looking at an interesting trading setup on our TradingView chart.

The setup is a bit riskier than usual, but we have plenty of confirmation from our trend reversal indicators.

Moreover, the price action seems to further support our crypto technical analysis.

At this point, we just need to put our trading strategy into action and play it safely.

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Trade setup – 12 Mar 2018

We have an interesting setup on bitcoin.

Not super high risk, but a bit riskier than what we typically like to trade.

It respects most of our conditions, even if such conditions have formed within a few candles.

What we’d like to see instead, is a bit longer price action on which the conditions form and get verified.

Anyway, the conditions are:

  1. To have a divergence between the price and the RSI Exhaustion
  2. To have the RSI Exhaustion bearish exhausted
  3. To have a confirmed top (displayed by the Bottoms Tops Signal)

Unfortunately, the price looks like being above a major support, however, such support should soon turn back into a resistance.

This view is also confirmed by the fact that the price has just completed a 1-2-3 upward movement and so it should move lower from the current level.

Trade update – 12 Mar 2018

The price is moving down rather quickly and since we like to trade safely and the price is already pretty far away from our entry level, we moved the stop loss to breakeven.

It means that from now on we are in a risk-free trade and in the worst case we will not lose any money.

Trade update – 13 Mar 2018

The price retraced to the upside a little bit but then formed a new top. Even if it’s not a major top, it should help us in pushing the price lower and ultimately reach the target.

Trade update – 14 Mar 2018

We are having some prolonged sideways movement which for some traders (especially beginner traders) might be very frustrating.

However, a second top just formed so now the price should decide whether it wants to move higher, in which case we’ll get out at breakeven, or go down and touch our target.

In any case, the initial setup is still valid, the current outlook is bearish and so we avoid to make emotional decisions.

Trade closed – 14 Mar 2018

So, it decided to move down as we predicted and we are now out with a great profit.

The trade took quite some time to reach our almost 5x target but eventually it did.

This was also a good chance to reflect on how many beginner traders compromise their trading account, just because they get emotional and frustrated during a trade that takes longer than usual.

On the contrary, professional traders know that to be consistently profitable it’s not only about using the best BTC indicators, but it also requires staying rational throughout the whole trade.

For our standards, this was a riskier trade because we initially didn’t have all the confirmations that we usually have.

What do you think about aggressive trading, especially when it involves high risk?

Would you take a trading opportunity anyway or would you prefer to skip it?

Let us know by leaving a comment on the YouTube video above.

Exploit same price movements Thumbnail@300w

Exploit same price movements
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Being able to read price movements correctly, is one big step for consistent profits.

Luckily, there are trading indicators that read the price action for you and give simple trading signals.

In today’s trade, you will learn how to combine the Bottoms Tops Signal, the RSI Exhaustion, and the Levels and Zones in order to read the price action correctly.

Most traders believe that it’s a “price action vs indicators” alternative, where you need to choose either a naked chart or plenty of indicators.

As we discussed in this article, the best solution is to always use a few quality indicators, like we do here.

In fact, thanks to them we are able to understand that the price will very likely make a second movement identical to the previous one.

This chart pattern is better known as the ABCD pattern where the AB price movement is about the same length of the expected CD movement.

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Trade setup – 5 Mar 2018

Exploit same price movements Setup 1

All the key conditions are met on the TradingView chart. In particular:

    1. We have a bottom which is higher than the previous one
    2. The RSI Exhaustion has made a higher low as well (follows the same price movement)
    3. The RSI Exhaustion is bearish exhausted

If that’s not enough, the current retracement will find a hard time moving even lower because we have a major support, displayed by the Levels and Zones, just below.

When we combine all these factors, we can definitely expect an upward movement, at least about the same size as the previous one.

Trade update – 5 Mar 2018

Exploit same price movements Setup 2

The price is moving pretty much sideways but the RSI Exhaustion is moving higher, which indicates that the price should move higher, just like we expect.

Trade update – 6 Mar 2018

Exploit same price movements Setup 3

The RSI Exhaustion is now even higher while the price is just slightly higher.

It’s hard to predict how the price will move but considering all the upward pressure from the RSI Exhaustion, we might get a very quick movement, at least this is a typical signal of such movements.

Trade closed – 6 Mar 2018

Exploit same price movements Setup 4

Within two candles the price accelerated to the upside and reached the target.

Eventually, the price made a very similar movement to the first one forming the ABCD pattern that we were expecting.

So our price action analysis and fx strategy turned out to be once again profitable.

Now we’d like to hear from you.

These ABCD patterns are usually pretty predictable. Do you like them or do you prefer trading trend reversals?

Let us know by leaving a comment on the YouTube video above.

You want to sell this setup Thumbnail@300w

Don’t miss this Sell setup
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If you don’t have a clear trading strategy, short selling is risky and it’s difficult to take a sell setup like the one that we have today.

However, we frequently come across very similar chart setups like this one, and all of them should be traded pretty much in the same way.

We only need to decide where to set the stop loss and the target, but even this activity is rather simple.

In fact, we can use the Levels and Zones indicator and the previous price action.

In this case, we use both.

Moreover, by using also the Bottoms Tops Signal in combination with the RSI Exhaustion, we are able to clearly see and trade safely this Sell setup.

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Trade setup – 2 Feb 2018

This forex setup on the TradingView chart is very clear:

    1. The price and the RSI Exhaustion are in divergence
    2. The RSI Exhaustion is bullish exhausted
    3. There is a confirmed top

Additionally, the price is currently just below a major resistance level, so the chances that it will move lower are extremely high.

We just need to set a safe stop-loss slightly above the resistance indicated by the Levels and Zones and then pick a high probability target.

To do so, we look at the most recent price action and identify an interesting level, right at the bottom of the current upward movement.

This will be the target of our sell setup.

Trade update – 2 Feb 2018

You want to sell this setup Setup 2

The price is moving down quite rapidly and since it’s already almost halfway into the target, we move the stop loss to breakeven.

This means that from now on we’re in a risk-free trade.

Trade update – 5 Feb 2018

You want to sell this setup Setup 3

The price continues to move lower and the Bottoms Tops Signal just displayed a bottom.

Even if it’s a confirmed bottom, by reviewing our technical analysis we cannot find any confirmation for it to be a major bottom.

Moreover, since we are already well protected by the breakeven level, we maintain the trade open and we still expect the price to move lower.

Trade closed – 5 Feb 2018

You want to sell this setup Setup 4

The bottom turned out to be a minor bottom, as it looked like by the technical analysis, and after moving sideways for some time, the price made it’s final move down and reached our target for a 4.5x profit.

The initial technical analysis said it was going to be a clear trade to the downside and by simply applying our tested fx strategy we ultimately closed a very profitable trade.

Now we’d like to hear from you.

Do you think that trend reversals are too risky to trade?

Let us know by leaving a comment on the YouTube video above.

Take advantage of major price levels
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Identifying major Price levels is a fundamental skill of every profitable trader but it’s not always easy to get them right.

Luckily, with the Levels and Zones indicator, we can skip most of the hard process.

In fact, it’s a support and resistance indicator which automatically draws in real-time the major price levels.

In the following trading setup, not only you will learn how to find support and resistance levels with the Levels and Zones, but you will also learn how to identify price action key levels on a TradingView chart.

Understanding this is essential if you want to be a full-time forex trader who can consistently win and be profitable over the long-term.

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Trade setup – 2 Feb 2018

Take advantage of major price levels Setup 1

We have a rather good trading setup on GBPNZD 1h.

We must admit it’s not the greatest but it’s definitely a valid one and it is reinforced by the major resistance level at the top.

In fact, if we check the list of our usual conditions we can say that:

    1. The price and the RSI Exhaustion are NOT technically diverging (this is the weak sign of the setup and it’s something we don’t like)
    2. The RSI Exhaustion is bullish exhausted
    3. We have a confirmed top (displayed by the Bottoms Tops Signal)

Unfortunately, condition 1 (divergence between the price and the RSI Exhaustion) is not satisfied.

However, all the other conditions are perfect, and moreover, the price is currently just below a major price level (resistance) which played out very well in the past and so should do again now.

Because of this, we get into this trade by setting the target a bit lower than the major support at the bottom because we identify a recently-formed price action key level there.

Of course, it’s a bit risky because the price might stop its downward movement at the support level, but if that happens, we are far away from the entry price and so we will be able to play with the breakeven level.

Trade update – 2 Feb 2018

Take advantage of major price levels Setup 2

The price is moving into our stop-loss area, but it is ok.

At least, we don’t see any warning sign and we are enough protected by the sell zone identified by the Levels and Zones indicator, and by the resistance level as well.

Trade update – 5 Feb 2018

Take advantage of major price levels Setup 3

After a few days, the price is making a significant move to the downside which is exactly what we want to see.

Moreover, the RSI Exhaustion is dropping significantly as well and it is bearish exhausted which, considering the downward price movement, should indicate a further drop in the price.

Trade update – 5 Feb 2018

Take advantage of major price levels Setup 4

The price went down further and then retraced a little bit forming a bottom. A simple technical analysis, however, suggests that it should not be a major bottom, so we are still confident that the price should ultimately move lower.

Since we want to trade safely, we move the stop-loss to breakeven so that, from now on, we are in a risk-free trade and in the worst case we will make money.

Trade update – 6 Feb 2018

If your target was the major support than now you would be out of the trade with a very nice profit.

However, our target is a bit lower at the price action key level that we identified.

And, even if a technically valid buy setup has formed, it is very weak and since we’re at breakeven we maintain the trade open and see what happens next.

Trade closed – 6 Feb 2018

Take advantage of major price levels Setup 6

After barely reaching the target a few hours ago, we’re now out of the trade.

Even if our target was a little bit aggressive, with the careful chart analysis that we performed, we ultimately got what we wanted, which is closing another winning trade.

Now we’d like to hear from you!

Can you systematically identify major price levels and can you profitably trade them?

Let us know by leaving a comment on the YouTube video above.

Simple way to Trade a Long Downtrend

Simple way to Trade a Long Downtrend
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Trend trading, or like in this case, a long downtrend trading, is often challenging because it’s hard to pick the right time to get in and out of the trend.

But what if you can apply a simple strategy with clear Entry and Exit levels during a trend?

In this article, you will learn this simple trend-following strategy and also some moving average trading secrets!

What we use are just two technical analysis indicators that are available on TradingView:

By simply combining these two indicators we’ve developed our downtrend trading strategy which you can see in action during the following long downtrend trading opportunity.

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Trade setup – 1 Feb 2018

By looking at the price action, it looks like we are at the beginning of a downtrend and we get ready to apply our trend following strategy.

Moreover, we have a confirmed setup because:

    1. The price is below the 54 Moving Average
    2. The price just broke down the green horizontal line drawn by the Advanced Signal Bars

Because of this, we place our order with a 1:1 Risk-Reward.

A little secret: if you want to learn how to use moving averages in forex, especially for trend trading, then try to increase their length.

They will show you the bigger picture! (That’s why we chose 54 for our Moving Average.)

Trade update – 1 Feb 2018

Simple way to trade a long downtrend Setup 2

This trade was very fast and within a few hours, we got our 1x return.

It now looks like the price will continue to move lower since it has made a very long down candle and the moving average is now turning to the downside.

Trade update – 2 Feb 2018

Simple way to trade a long downtrend Setup 3

The price is indeed continuing to move down and we just got involved in a second trade.

Trade update – 5 Feb 2018

Simple way to trade a long downtrend Setup 4

This second trade has been slightly longer but rather fast as well. The price is just falling and so we should expect even more opportunities.

Trade update – 5 Feb 2018

Simple way to trade a long downtrend Setup 5

We got a third one so we just got involved with the same 1:1 risk-reward strategy.

Trade update – 6 Feb 2018

Simple way to trade a long downtrend Setup 6

And even this one has been very quick which should not be a surprise considering that we can now confidently say that we are in a major downtrend.

Considering the price action, we should expect even more opportunities for this downtrend trade.

Trade update – 7 Feb 2018

Simple way to trade a long downtrend Setup 7

After some tricky candles, we clearly got a fourth trade setup so, once again, we just execute the same easy forex strategy that we used so far and which already earned us a 3x profit.

Trade update – 8 Feb 2018

Simple way to trade a long downtrend Setup 8

Unfortunately, we’ve been stopped out in this one but probably it’s just that we’ve been unlucky because the price is moving sideways, which should indicate a further downward movement continuation.

Trade update – 8 Feb 2018

Simple way to trade a long downtrend Setup 9

After just a few hours we have yet another trade setup so we just got involved in the fifth trade.

Trade update – 9 Feb 2018

Simple way to trade a long downtrend Setup 10

This time the trade was a winning one. What an amazing downtrend!

Let’s just wait and see if we can get more because the price is pretty far from the moving average and so it could just continue to move down.

Trade closed – 12 Feb 2018

Simple way to trade a long downtrend Setup 11

After a couple of days, it looks like the major downtrend is over.

In the end, by following this trend following strategy, we ended our long downtrend trading with a nice 3x net profit.

Most of the time, by applying this strategy, we end up in a range between 2x and 5x profit during the whole uptrend or downtrend.

But now we’d like to hear from you!

If you like trend trading, have you already tried this strategy?

Let us know by leaving a comment on the video above.

Simple Bitcoin Setup trade article thumbnail

Trade this Simple Bitcoin Setup
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Bitcoin, and crypto in general, can often be very volatile, and finding a simple bitcoin setup that always works can be difficult.

But what if you can learn it by seeing it in action in a live trade?

In today’s trading setup on TradingView, we make a simple price action analysis combining three among our best crypto indicators:

By doing so, we are able to identify a very clear and simple trade setup on bitcoin.

Even if cryptocurrencies might be more affected by volatility than stocks or forex, we are able to play this trading opportunity very safely because the price action breaks down two major resistance levels, which means that the price is pushed to the downside and a very strong downtrend is very likely.

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Trade setup – 11 Sep 2017

Trade this simple bitcoin setup Setup 1

The price is forming a consolidation that looks very bearish and we can probably get a nice short opportunity soon.

Trade update – 13 Sep 2017

Trade this simple bitcoin setup Setup 2

We got the setup that we were looking for and in particular:

    1. The price broke down our consolidation
    2. The breakdown candle is red
    3. The Sentiment Index breaks down its trendline as well

All we need to do is to set the target, by projecting the previous impulse to the downside, and the stop loss, that’s just slightly higher than the breakdown candle since we are well protected by two major resistance levels which should put a very strong downward pressure on the price.

Trade closed – 14 Sep 2017

Trade this simple bitcoin setup Setup 3

We closed the trade with a profit and without any issue at all since the price basically went straight down.

In conclusion, starting from our simple bitcoin setup we were able to close another winning trade.

This gives us yet another confirmation that we are using probably the best indicators for crypto trading.

Moreover, the trading strategy that we exploited, can easily be named among the most consistently profitable crypto trading strategies.

But we’d like to hear from you!

What do you think about our simple bitcoin setup?

Let us know by leaving your comment on the video above.

How to set the right target Thumbnail v2@300w

Trading Target (How to set it right)
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Many traders are pretty good at entering a trade but then they don’t know where to set a realistic Trading Target.

The truth is that you can learn a method to easily identify where to set the profit target.

And today’s trading setup is the perfect opportunity to explain how to set the right trading target in your trades.

Typically, in the vast majority of our currency trading strategies, we use a Support or a Resistance displayed by the Levels and Zones indicator to set our target.

However, today’s trading setup allows us to discuss how to read forex properly and how to identify the high probability target, which is the target level that most likely will be hit.

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Trade setup – 14 Aug 2017

How to set the right target Setup 1

We have a high probability trading setup which is very easy to identify because:

    1. The price and the RSI Exhaustion are diverging
    2. The RSI Exhaustion is bullish exhausted
    3. The Bottoms Tops Signal shows a top (and it’s just below a major resistance!)

The stop loss is very easy to set while the target level is a bit tricky.

The most obvious target would be all the way down to the support level at the bottom.

However, by making a clear and simple price action analysis, we identify three minor levels at which there is some interesting structure and, in particular, the lowest one appears to be the best one among the three where to place the trading target.

Trade update – 16 Aug 2017

How to set the right target Setup 2

The price is moving fast and it has already hit the highest among the three minor levels that we initially identified. Our target, though, is lower so we need to wait and see what happens.

Trade closed – 17 Aug 2017

How to set the right target Setup 3

The price kept moving lower quite fast and within a few more candles we got to our trading target.

By using three among the best technical indicators for TradingView and by simply applying the easy forex strategy described above, we closed the trade with a 3.5x profit.

Would you have placed your Trading Target at the same level?

Let us know by leaving a comment on the YouTube video above.

4x Profit in a Long-Term Trend Thumbnail v2@300w

4x Profit (Long-Term Trend)
4x Profit (Long-Term Trend) 300 169 Minimalist Trading - Indicators for TradingView
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It doesn’t happen every day that the market offers a 4x profit in a Long-Term trend.

But this time it did and we were able to get it and maximize the profit with a very simple Forex Strategy.

In this article, we’ll review the whole trade step-by-step and you can learn the same trend following strategy that we used.

The good thing?

If you like trend trading, then you’ll be able to apply it to any forex trend.

Moreover, it’s very simple because it requires only two indicators: the Advanced Signal Bars in combination with a Moving Average.

This is one of the best trading indicators combination because we are able to combine the known benefits of moving average trading with the traditional reliability of the Advanced Signal Bars.

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Trade setup – 9 Nov 2016

4x Profit in a Long Term Trend Setup 1

The price action on the TradingView chart above shows that we might be at the beginning of a new major uptrend.

Moreover, the price currently offers a buy setup because it satisfies the following two conditions:

    1. The price is above the Moving Average
    2. The price broke to the upside the red horizontal line drawn by the Advanced Signal Bars

Because of this, we place our order with a 1:1 Risk-Reward.

Trade update – 15 Nov 2016

4x Profit in a Long Term Trend Setup 2

The first trade is over and we just got a second trading opportunity, identical to the previous one so we take this one as well.

Trade update – 21 Nov 2016

4x Profit in a Long Term Trend Setup 3

The second trade is over as well and we are now at 2x profit during this uptrend. Let’s see if we can get at least another trading opportunity.

Trade update – 23 Nov 2016

4x Profit in a Long Term Trend Setup 4

Here comes the third. Same trading setup with a 1:1 risk-reward.

Trade update – 30 Nov 2016

4x Profit in a Long Term Trend Setup 5

The third trade reached the target as well so we are now at 3x profit. Usually, during a major uptrend, we get at least three profitable trades so we must pay attention because the upcoming price action could signal a trend reversal and we might end up with a losing trade.

Trade update – 15 Dic 2016

4x Profit in a Long Term Trend Setup 6

We got a fourth trading setup and we traded it successfully. So we’re now sitting on a 4x profit which is very great.

Trade closed / Uptrend is over – 29 Dic 2016

4x Profit in a Long Term Trend Setup 7

It looks like the uptrend is now over so we consider the series of trades final.

By following the easy forex strategy described above, we closed the trade with a 4x Profit in a Long-Term trend, and considering we are typically able to achieve similar returns, it makes this a very consistent trend following strategy.

What do you think about this strategy?

Do you like to trade long trends or do you prefer to trade shorter movements?

Feel free to share your experience with fellow traders by leaving a comment on the YouTube video above.

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