Tuesday, 25 June 2019

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Trading Strategies (some)

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We can group the strategies in four groups: 1) The time, Already be the based ones on break of ranges of opening or those who use fixed moments of the day to realize the operations. 2) The strong movements, to benefit from some points taking advantage of a strong movement of the market. 3) The against trend, he takes advantage of the periods of the day in which the market tends to be lateral. 4) The continuation of the trend, to take advantage of reversal in the main trend to join her.

1) TIME-BASED STRATEGIES:

1.1 Trading in the range of opening 15:30  H.E. (8:30 am. H.A.) Strategy: We simply must wait 15 m. since market opening and record the maximum and minimum that occurred in period. Entry Rules: In 1 m. we place a buy stop of 0.50 points above the maximum and a sell stop 0.50 below the minimum. Objective: "Close" position when we have 1 point of profit. Stop Loss: Once in the market will place the stop at a distance of 1 point from the entry price. Also close the position if remain in market for more than 1 m.

1.2 Rotating the trend about 16:00 H.E. (9:00 a.m.. H.A.) and on 17:00 H.E. (10:00 am. H. A.) Strategy: If in those hours the price moves near intraday highs, we will search go short on the market, if, on the contrary, the price moves near the intraday lows, try to operate on the long. Entry Rules: 1m. if the price moves in the highest, we will place a sell stop of 1 tick (0.25 points) below the minimum of the last bar the last ones 15 m. Conversely, if the price moves in the minimums, we will place a buy stop of 1 tick above the high of the last bar of the last ones 15 m. Objective: We close the position if the benefit is of 1.5 points. Stop Loss: Once in the market will place the stop at a distance of 1 point from the entry price. Also close the position if we stay on the market more than 1 m. In any case, we will cancel all orders in after 16:30 H.E. (09:30 am. H.A.)

1.3 Rotating of the trend about 21:00 H.E. (14:00 H.A.) Entry Rules: in 1m. if the price has moved lower in the 30 m. before 21:00 hours we place an order "buy stop" for above the maximum of the last 15 m., on the contrary, if the movement has been upward, we will place an order "sell stop" below minimum the last 15 m. Exit Rules: are the same as those of the previous strategy, must cancel all entry orders  at 21:30 H.E.  (14:30 H. A.)

1.4 Trading with the opening price at 15:30 H.E. (8:30 H.A.) Strategy: In a 5 minute chart place an order of buy or sale accompanied by a stop order and limit until the end of the session. Identified with a red horizontal line, the opening price. Then, we identify with a blue horizontal line two new prices, one being the opening +5 points and another opening -5 points . These prices they form a band on each side of the opening price. In total there are 3 levels of money to do our trading. Entry Rules: We expect that the price touches one of the bands which usually happens within the first hour of trading. If this does not happen within the first 2 hours, we must suspend our activity and possibly today volume will appear with little or the trend is sideways. Once the price touches one of the bands put the following orders: The price band plays below: put a stop buy order at the opening price and a sell order limit on the opening price + 5 points (top band) to close and take profits. Once the purchase has been activated stop put our stop loss at the band bottom, ie the opening price - 5 points. The price touches the band of below: put a buy stop order at the opening price and a sell limit order on the opening price + 5 points (top band) to close and take profits. Once the buy stop has been activated put our stop loss at the band bottom, ie the opening price - 5 points. The price touches the band of up: put a sell stop order at the opening price and a buy limit order on the opening price -5 points (lower band) to close and take profits. Once the sell stop has been activated put our stop loss in the band of above or the opening price + 5 points. Exit Rules: If the opening of a position takes place we must not do anything, We leave that the orders should act for if same. At the end of the day, we must ensure that all orders are canceled by the broker or us.

2 º) STRATEGY BASED STRONG MOVEMENTS:

2.1 Strong movements of the market Strategy: In the candlestick chart 10 m. We look  engulfing candle bullish and bearish. Entry Rules: only open positions if the pattern occurs in the first or last hour of trading. If a bullish engulfing candle, buy in the market if the bullish candle body exceeds the maximum of the previous bearish candle, on the contrary, in the case of bearish engulfing candle, sell in the market if the bearish candle body exceeds the minimum of the previous bullish candle. Objective: Close the position when we have 1 point of profit. Stop Loss: Once in the market will place the stop at a distance of 1 point from the entry price. Also close the position if we remain in market for more than 30 seconds.

3º) STRATEGY BASED ON THE AGAINST TREND:

3.1 Take advantage of periods of the day in which the market this side. Strategy: In a graph of 5 m. insert a Stochastic with parameters of %K  = 7 and % D = 10. Entry Rules: We will enter purchased when the Stochastic crosses upward your moving average, the opposite for sales Objective: We close the position when we have a profit of 2 points. Stop Loss: Once in the market will place the stop at a distance of 1.5 points from the entry price. Also we close the position if the market does not take a clear direction in the 3 minutes following our entry.

4º) STRATEGY BASED ON CONTINUED TREND:

4.1 With the trend established we take advantage of the significant setbacks (pull back) to join her. Strategy: In a graph of 5 m. introduce a Bollinger band of 10 periods and deviation equal to 1. Entry Rules: In uptrends, buy it when the price penetrates the lower band, always the slope of the bands is bullish. Similarly, in downtrends, sell when the price exceeds the upper band, always the slope of the bands is bearish. Objective: We will close the position when we have a profit of 2 points or when the price touches the band opposite, whichever comes first. Stop Loss: Once in the market will place the stop at a distance of 1.25 points from the entry price. Also we close the position if the slope of the bands changes direction.  

The strategies are designed for the futures market Note: H.E. = hour Madrid, H.A. = hour of Chicago. Madrid - Regular hours 8:30 to 22:15 (winter), 8:30 to 21:15 (summer) (excluding the gaps produced by the two time changes)

RECOMMENDATION ALWAYS run the stop loss where appropriate. Avoid the temptation to hold the position longer than initially established with the intention to increase profits or reduce losses.

Author: Traderpirata.com

Erick Gálvez
Author: Erick GálvezWebsite: http://www.asdforex..comEmail: This email address is being protected from spambots. You need JavaScript enabled to view it.
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ASDForex manager and professional trader since 2008. I am also Aleforex.com manager where you can view the services that I give
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