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Looking for a good method to start trading?

rvlvvel

Member
HI friends

Here are some pics.
CONCEPTUAL POINTS

Riding the Trend is the Key to profits in trading.
XYZ is designed to identify trends at their earliest stage
while simultaneously minimizing risk.
Let XYZ show you the market's true direction and the path to profits.

Its universal application allows it to follow any markets in any time frame. It provides specific buy/sell/stop/exit signals that are supported by detailed back testing reports. You can verify our system before you risk any real money.
Trend Direction

With volatility returning to the markets many traders are looking
for a tool they can use to beat the markets. AbleTrend preforms outstandingly in all markets and time frames and

With volatility returning to the markets many traders are looking
for a tool they can use to beat the markets. XYZ preforms outstandingly in all markets and time frames and
allows you to cut through the market noise and simply displays the trend direction and key support and resistance levels, allowing you to trade even the most volatile markets with minimal risk and great reward potential.




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aSK ME WHAT NEW TRADERS NEED?
RVLVVEL PRESCRIPTION
first run 50 tests in unknown zone
confirm rules are ok or fine tune them a bit
What is unknown zone?
go 7 days or 30 days back and move chart slowly forward
now you dont see or dont know what is ahead or going to come in price.
All you know is your system and your rules.

Do you have descipline? then you can run thru 50 tests before you take up trading.

1.When to enter a trade?
At major support levels
2. where to keep your intial stoploss?

2* ATR below your entry.
3. when to move your stoploss from initial stoploss into favourable next point and to where?

RVLVVEL says
Let price move in your favour by 1 ATR, Only then move your initial stop by 0.5 ATR and wait.
once price moves by 2 ATR , MOVE STOP BY 1 ATR FULL.

cHASE PRICE WITH 1 ATR Distance.
4. where to take profits
First target to be
entry + 2 ATR
sECOND TARGET TO BE
eNTRY + 4ATR

and so on.
5.If scared when you see price moving closer to yourstop, move stop to match current price close position

re enter if things favour

6.When to add extra lots to existing position

ADD 1 lot or 2 lots only if
ADX > 30 AND ONLY IF +DI - -DI =>20 FOR UPTREND
for short trades ADX> 30, (DI) -(+DI) =>20
ready
test
go


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any improvements you can think of please suggest

regards
 

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