Most people are taught that price action and volume are the 2 most reliable things you can use in trading. We recommend you open an Account Now With Pepperstone. Use your trading money to help children around the world:. Does Trading With Intuition Make Your A Better Trader? And right in there, the grey one is R1-PP. AO is a 34 sma and 5 sma. The hardest thing for a trader to do is to sort through all of this information and find the true gems.
Try it out and prove it to yourself. This video is part 2 of a 3 part series on the Aignals indicator strategy. Click Here for part 1. What most teachers, books and courses instruct about how to trade the RSI indicator, is exactly the opposite of what you should be doing. Welcome to this video on the RSI Indicator Strategy Part 2. You notice that my RSI Indicator looks a little different now. And as I talked about before, its range tradung. It can only go from 0 to And so I put some extra lines on here.
These are considered what we call the oversold yop at 30, overbought line at 70 which I said are not good terms. The other line to put on here are at 60 and at These are very significant. So this is a different way to read RSI indicator strategy. Many people just look for these overbought, oversold signals and are doing them backwards. Whereas actually going up here shows strength. Once we start getting into the bullish territory, which would we above 50, then we signls looking top 10 forex trading signals a relative strength.
Once we get above there, and especially if we got to But we are into bullish territory now where we get above So not going to make it go all the way to 70 but above So signald we get above 60, then we are going to look at 40 as a support level. And again the RSI fored a blue line. But we do want it to stay above And if it stays above 50, well even better.
And so this whole time, you can see big move up and the RSI does stay above 40 and even mostly above So that tradinv another better way to read this. Trading it in the direction of the trend is one of the keys. One of the biggest mistakes people do is they try to always use these oscillators. And what happens during that, consider that our neutral zone. We want to show strength to the upside or the downside first. So this is a 9 period moving average, the black line of the RSI Indicator.
So all that does is smooth it out a little bit, and because it is a moving average, top 10 forex trading signals will be a little lagging. Now one of the keys here is that you can actually use momentum, define the end of the move if you time it correctly. But the only time that I would look for a trend reversal is late in a trend.
So early on trend? Tdading though well, for example here we get a divergence. Higher high there, lower high here on the RSI. So what happens is that yes there is a slowing 1 momentum if you will. Just because momentum comes out of the market. And then it continues up. So timing, and being able to, this is why wave counting comes in. So the trend is your friend, your best friend early in a new trend. And earlier the better. So that time of momentum shift is more likely to result in a reversal of a trend.
Now here is an example where we do get a 5 wave trend which is average. We do not get a divergence on RSI indicator. Because price is signzls down at that same time. We had a5 wave but no real divergence so trends do not always end with momentum shifts. Sometimes they end with actually one of the best signals that I like to look for the end of a trend is the high volume spike. So use it as one piece of evidence, one tool in your toolbox.
They are just mathematical formulas. But then you have to take that information, plug it into a viable trading methodology in order to make money. And then trade it effectively with frex, and with money management and risk management, which is utterly important. So those are the keys. RSI is not a true momentum indicator, in fact the indicator is commonly referred to as momentum indicator often seen as leading indicators, CCI, momentum, RSI here, stochastics, MACD. They are velocity or rate of change indicators, and the reason for that is that they are just measuring the rate of change of price.
But momentum is actually the product of mass times velocity. These indicators are just velocity indicators. So in forwx markets, in order to incorporate mass into it, we would have to use volume as well. And these indicators do not consider volume, therefore they do not consider mass. Therefore they are not literally momentum indicators.
So there you go, another piece of controversy for you from Top Dog Trading. Just fill out the yellow form at the top of the sidebar on the top 10 forex trading signals. Hey my friends, Barry Burns here with Top Dog Trading. Today I am going to show you an RSI Indicator Trading Strategy. This approach also applies to top 10 forex trading signals, what we call bounded indicators.
Whether they are stochastics, or others. They talk about the indicator getting oversold or overbought. Now, oversold being 30 signaos course. I hate that term oversold. Any bounded indicator like RSI or stochastic fforex only go from 0 to But the market still can go lower. Now as you can see here, comes here for price and forez price dignals up making a lower low after that.
So we wait for the higher low on the RSI and wait for that. Sometimes though you would say wait for the higher low to be above And you get a lower low in price and you take that. Again not a great signal. It just means the bearishness has come out. In this case, the market does go up a little bit, goes tading up to 50 MA which is the red line.
What happens after that is the market comes down and makes singals much lower low. And again RSI gets supposedly fogex. You want to take those as bearish, and trade in the dominant energy, or the dominant direction of the grading. Little risk, big reward. If you took this that little divergence thing there, you are trading against that dominant energy.
So your winners are small. So top 10 forex trading signals keep trading against the dominant direction of the market? This was our first divergence we looked at here. Here we get another supposed oversold signal. Not much money made there. There is another divergence right. Well that would traidng been your profit. And made some real money, and just held it. There will be 3 parts 100 this video, so look for 2 more videos on the RSI indicator trading strategy that will pick up where this one left tradint.
Also I am giving away one of my favorite trend trading strategies that work today. For another excellent trading forwx including day trading support and resistance clusters, simply click here:. These clusters provide a higher probability that the market stock market, Forex, futures or E-minis will hold those levels. They can be used to enter and exit trades for day trading, but also swing trading.
Hey my friends, Doctor Barry Burns here with Top Dog Trading. And today our topic is Day trading support and resistance clusters. The first one is the pivot levels, the floor trader pivots. And then the floor trader pivot below it is S1. In between there I also put what I call mid pivots. So PP-S1 is the midpoint between the pivot point and support 1 level. And right in there, the grey one is R1-PP. I have another video by the way on mid pivots if you want to learn more about those.
I would recommend you do look at that. Another day trading support and resistance level is major swing highs and lows. Comes up and therefore we draw a horizontal line to the right. Here, if you see this blue horizontal line that came off of this major low here. Significant low, market tradiny it here. Even though the dates are little old down there. So we draw that forward. Now here is the point, we are getting a cluster, and these are non-correlated clusters.
And we have this support level from a previous major low from the previous day. They come in around the same price level. First of all, I call them non correlated clusters because they are calculated completely differently. The reason that clusters provide stronger support or stronger resistance than a single support resistance level is simply because you have more market grading seeing signal under charts. So you got one group of market participants seeing pivot levels, you got top 10 forex trading signals group teading market participants seeing the major swing low from the previous day.
That means now you got more people in the market who are seeing this support level and signale they are more likely to respond to it, in other words, either buy off of it, or take tracing into it. This is just a quick little 2 minute chart. Someone trading a 60 minute chart, they are not going to see all the. On their chart, will signa,s like minor highs and lows. So again, some people will see these, some wont, depending on the time interval they use.
And the reason you have to consider it these zone where the bars are at least touching it, and not just the line is because the movement of markets is not that neat and tidy. Comes down top 10 forex trading signals retests that general area. So those are more types of day trading support and resistance. I am going to have to squish up my scaling. It can be a neutral day basically. Not bullish or bearish. The next day, coming into the day we have to say okay, forsx does the market evaluate or value the market today in relation to after all was said and done on the value yesterday.
And then the pivot point is also another neutral point calculated in a very different manner. Some days those are very close, some days they are kind of far away. This day, they are kind of far away. But this whole zone then is neutral. And so it comes close to it so creates another new line. We come back, what we do, we touch fordx high. We come back down, where do we go? Right to the pivot point again. That cluster of the pivot point, and that previous major low, retest vorex again.
Go back up, where do we go? This whole day was really much to do about nothing. But at the end of the day, it pretty much closed trdaing it traring the day before. Within what, points. Now one last thing we could add our Fibonacci levels too. Signls, so we added our Fibonacci levels, now talking about clusters of non-correlated support resistance. And it also happens to be what, So this is a cluster of non-correlated resistance. We have the pivot point, the thicker line, the thinner blue line is that previous major low, and the third is the hundred percent Fibonacci retracement.
So a triple cluster which would again make it even a stronger support level. The more types of support resistance you have on your chart that rrading non-correlated, the more likely that level is to hold. So trafing closing I do want to say that you got to have a balance. I think having 3 different types of support resistance on your charts is very good. Essentially all those lines then become meaningless. Support resistance is broken all the time, all the time.
And putting together the clusters is one way of doing that. So clusters is one way of helping with that. So you got to look at what price action is doing as it comes into those levels. How much energy is frading into that, how much volume is behind that move? How much acceleration, what are top 10 forex trading signals candle stick patterns. Most people are taught that price action and volume are the 2 most reliable things you can use in trading.
And so I am going to share that with you today. I do use volume in my analysis but perhaps not as much as other people. Okay, that sentence is completely wrong. Everything about that sentence is wrong. Number gop, volume is not an indicator. Volume is just what it is. The number of shares in the stock market or lots, or contracts, or forex, or futures that are traded. So first of all calling volume an indicator is wrong.
Number 2, it is not leading. It is actually often lagging. You have to look at the whole landscape of the chart. So for example, you know if I tradding to buy a cycle low here, I would you know buy literally right there. Right at that bar. Now where does our volume increase come? Our Volume increase comes here. And how far does the market go. Well it goes there and then it comes down and it breaks this low right here. That means this is not a good time.
If you wait for the volume to increase, you are actually getting in late. Now look over here. We have another obvious surge of volume right here with this bar. And what is that? That occurs on this red bar. It finally breaks out above that. And so that would forez make one think well maybe some big short selling is coming in. And then the next obvious big surge in volume comes in on this bar. Again late to the party. Not early at the cycle low.
Not even at the break out. And so it tading in about the top 10 forex trading signals sigjals the move. Hardly a leading indication. Right moving to another section here. And that is not for the beginning of move, you would think that the market would start out with a big surge of volume to get momentum behind the move. Now here is one place where it does traring quite a bit of accuracy and many situations.
So we get this exhaustion pattern. The market comes down and this impulse move down ends on exhaustion. It just kind of goes sideways from there. And so again here is another surge of volume. Where it comes in. Not at the low, and not at the high. It comes in in the middle. We get a nice sound exhaustion pattern candle stick, big volume coming in.
And I said, no it can just go sideways, here it does. It 100 sideways for a while and this fogex a daily chart, so 1, 2, 3, 4 5, 6, 7, 8, 9, 10, 11, 12, almost about 2 weeks actually. Little more than 2 weeks actually, because these are trading days. So just consolidates for over 2 weeks, and then it goes down a little bit more. The top 10 forex trading signals is signasl very simple. And the reason is, hold on to your hats.
One thing they do is they come in through various means. Tradlng other words, they are not going to just buy, in this case Disney, they are going to come in through various markets, through various exchanges, through different financial instruments. The forexx thing, and they traidng do it overtime with accumulation. The other thing though that a lot of people are not of aware is dark pools. What are dark pools?
Dark pools are non-exchange trading in the markets. So they actually will go to a dark pool. Which is basically private exchanges or forums, for trading stocks. And by the way they are a big deal. The pros, the whales, the smart money. The smart money is not showing up here my friends. For another excellent trading video including trading stock market volume analysis, simply click here:. You'll instantly trxding an email with the link to your first video lesson TODAY. Click here for the. TOP DOG TRADING COURSES.
TOP DOG AFFILIATE PROGRAM. Use your trading money to help children around the world:. Contact Us The performance indicated or implied by authors or users signal this web site is not what you fforex expect to tradjng. The company has not substantiated any of the comments or claims. These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading.
Also, because these trades have not actually been executed, these results may have under-or foerx for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical trading programs in general are also subject to the fact tgading they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to these being shown.
The information contained on this site is for informational and educational purposes only. We are not registered as a securities broker-dealer or as investment advisers, either with the U. Securities and Exchange Commission or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Trading and investing involves substantial risk. Financial loss, even above the amount invested, is possible and common. Seek the services of a competent professional person before investing or trading with money.
Neither the information contained on this site, nor in any other place, is provided to any particular individual with a view toward their individual circumstances and nothing on this site should be construed as investment or trading advice. Each individual should assume that all information contained on this site is not trustworthy unless verified by their own independent research. There is a substantial risk for loss when trading securities as they are highly susceptible to the risks and uncertainties of certain economic conditions.
For all these reasons and others, your use of the information provided on this site, or any other gop or services, should be based upon your own due diligence and judgment of how best to use the information, and subsequently independently verified by a licensed broker, investment advisor or financial planner. Prior successes and past performance with regards to earnings and income are not an indication of potential future success or sigals. There can be no assurances of future success or performance and we will not be responsible for the success or vorex of any individual or entity which implements information received from this site.
Past results of any individual trader are traring indicative of future returns by that trader, and are not indicative of future returns which may be realized by you. Neither the author nor publisher assume responsibility or liability for your trading and investment results. This site and all information therein is provided for informational tkp educational purposes only and should not be construed as investment advice. You should not rely solely on this Forez in making any investment.
Tradong need to do your top 10 forex trading signals independent research in order to allow you to form your own opinion regarding investments and trading strategies. It should not be assumed that the information in this web site will result in you being a profitable trader or that it will trdaing result in losses. Past results are not necessarily indicative of future results. You should never trade with money you cannot afford to lose. The information in this site is for educational purposes only and sibnals no way a solicitation of any order to buy or sugnals.
The author and publisher assume no responsibility for your eignals results. There is an extremely high risk in trading. This information is provided "AS IS," without any implied or express warranty as to its performance or to the results that may be obtained by using the information. Factual statements in this site are made as of the date the information was created and are subject to change without notice.
SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. RSI indicator strategy, Part top 10 forex trading signals. By 0 RSI indicator strategy. This is part 1 of 3 videos demonstrating how to correctly trade the RSI. Unorthodox RSI Indicator Trading Strategy Rarely Taught. Top 10 forex trading signals 0 Unorthodox RSI Indicator Trading Strategy.
This unorthodox RSI Indicator Trading Strategy actually contradicts traditional teaching. Go here to Subscribe to my YouTube Channel for notifications when my newest free videos are released:. Day Trading Support and Resistance Clusters. By 0 Day trading support and resistance clusters. Day trading support and resistance clusters is an extremely reliable way to find strong price levels for entering your trades. By 0 Here's Why Stock Market Volume Analysis Doesn't Work.
MY FREE GIFT TO YOU. You'll receive one of my favorite setups for E-mini trading, Forex day trading and stock market trading: "The Rubber Band Trade. You'll receive it on day 4 of my FREE 5-Day Video Mini-Course: "Make Money by Breaking Every DayTrading Rule You Ever Learned! To get the sighals for "The Rubber Band Trade," your subscription to my newsletter, and the 5-Day Video Stock, Emini and Forex Training, simply fill out the form below.
The performance indicated or implied by authors or users on this eignals site is not what you should expect to experience. Stock Market Trading Tips Squat Bar Entries and Exits. Question: Top 10 forex trading signals is the Best Interval for Day Trading: One Minute? Stock Market Trading for Beginners, Part 3. Emini Day Trading Strategies — 3 Steps To Success.
POPULAR CATEGORY Commentary News Day Trading 80 Investing 69 Forec 62 Futures 59 Forex 55 Swing Trading 47 Psychology ABOUT US Trqding us: Barry TopDogTrading. First Name: Your E-Mail:.
Forex Signals - The Top 10 Forex Signals Provider in 2015
Best forex signals provider providing an accurate reflection of each forex signal. We provide daily forex trading signals that are % mechanical and designed to. Get Forex Signals via Email and SMS! Make money with our FREE winning Forex signals via Email and SMS or copy them with our EA now!. Home Trading Systems Rating Top 10 Trading Systems. Top 10 Trading Systems. There are literally thousands of trading systems online that claim to give a trader an.