Entering the market after a break

Vitaly Source | Notes from the Vital


Due to various circumstances in the work of a trader there are times when it is not present on the market in general: illness, family celebrations, recovery from failed transactions, etc.

Returning to the market after a break has its own characteristics. As always, should not rush to enter the market, it is better soprisutstvovat on it, to work on a demo account and make sure that the forecasts and calculations are correct and that the recovered psychological balance and tranquility.

As I said earlier, the market is anywhere from us will not go away, but errors caused by too much haste in making decisions or incomplete analysis of the situation, he will not forgive.

I trained myself to realize that the absence in the market - not the loss, but it is a natural passage of trading days and times, especially since the holiday is often necessary day-trader, and during the working week, for example, after intense trading days, or before the approach of a major trade period (say, Friday afternoon trade). Often we think we are quite adequate and efficient, but the analysis of transactions, even breakeven, shows that it is not.

Commit first deal with a real account with maximum precautions. Do not expect much profit from it and do not chase after him, there is important beuzbytochnaya trade, on the third or fourth deal to restore confidence and calm, the ability to fully analizirovant situation (personally tested it myself many times that when you log into the market after a break all psychological, tactical, strategic skills on the first transaction only seem to be fully recovered).

Category: Notes from the Vital

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Education teydingu. Where, when and how

Vitaly Source | Notes from the Vital


Learning is not a shame, a shame not to learn.

In a career of each trader has a period of training prior to the successful operation. Each of us knows - have some knowledge is necessary in forex. Loss of one or more deposits or causes to parting with the forex (in most cases) or to understand the need to improve. How many of your nerves, energy, time and means to save a teacher, helping you to gain a foothold in the market! The question is where to find it.

Get the knowledge and gain experience you can own, Dealing with the center or dealing with a gifted teacher on an individual program.

The first way is the cheapest, but the long and difficult, and the success here is not guaranteed. I will say with all honesty inherent in me, - sites like Grail, I have not seen for a huge amount of network to find the site easy.

Going to the second road, you have to understand that the main task of DC - get you in the forex market and get your deposit , as this is the only way for a teacher to fuck with your profits. inexperienced trader in terms of cooperation is of no interest. Question for DC only when and how to take hold of your money. It is a reality veiled zavlekalochka various advertising and demagoguery. So that option is useless, because who would grow up as a destroyer.

The only solution is the third solution.
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Category: Notes from the Vital

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Once again, the issue features intraday trading

Vitaly Source | Notes from the Vital


Graphs of daily, weekly and monthly candles are heterogeneous, in waves, there are more or less full-bodied Doges candles.

Working within a trading day, we should not dwell on the definition of "position of the large purses," are afraid to miss the weekly and monthly reversals of trend.

Preferred direction of currency movements during the day, perhaps, more importantly, it is necessary to take into account.

Our goal - to predict and use the steady, three-dimensional movement of the trend, which may change several times a day.
Many day traders still belong to the "bears" or "bulls", the best feeling and preferring to only buy or sell.

For myself, have to have clarity on this issue. What you're better able to trade - in the same direction and work.

It is possible that most of the day you're out of the market and your profit reaches the plan - there can take it as an inescapable reality and learn to work in both directions.

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News and commentary movement of DC.

Vitaly Source | Notes from the Vital


I will not quote the comments to the movement of currencies on the day that many of the print broker. These daily reviews are extremely careful and often ignore many of the news, causing a good move currencies. This strategy of a trader is likely to be based on his experience and ability to minimize losses to take profits.

Category: Notes from the Vital

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The signals of ADX

Vitaly Source | Notes from the Vital


Trend indicator ADX (Average Directional Movement Index) is also required help in my work.

A few words about him.

. The appearance is quite simple: three horizontal lines with levels 15, 25 and 40, the white line ADX, green and red Di + Di-.

Standard MT4 install (you only need to add levels and paint them a contrasting color - I have a blue level).

Using the.

I'll start with the main signal of this indicator. есть сигнал на вход в рынок в направлении Di. At any time-frame of the intersection of the growing line of ADX (20 and above) is also a growing line of Di + and Di-there is a signal for market entry in the direction of Di. In this example, the position of the Di +.

The new signal

The new signal

Exit - on the candle or the analysis - for the risk-takers - at the opposite intersection of lines (the first is preferable because otherwise the intersection is often accompanied by large peaks in the direction of motion). Suppose you see a situation where the ADX line is growing and growing line of Di is preparing to cross from the bottom up - call the script the opening of the transaction or otherwise Get your open order and as soon as there was the intersection, a new candle - open!
Crossing the line Di as a signal to the entrance of the market, recommended by some, in my opinion, there is only a signal of readiness - the decision should be taken to set a candle and signal analysis of all indicators and oscillators, often opening the transaction is better to do on the next candle. Intersected above the tending line can turn sharply down.
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Category: Notes from the Vital

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Parabolic? - Over!

Vitaly Source | Notes from the Vital


Parabolic - a simple, unobtrusive, easy to read and, most importantly, a very accurate indicator . From the outset, and to this day I put it on all the working and auxiliary windows.

Use (default settings):

Never open against the parabolic. Change position relative to the top and bottom of the candle - a sure sign for the opening of its signals and vice versa, the approximation of parabolic points of the body or a wick candles, alignment of these points in a row - a signal to a change in trend. The points are far away from the candles - work safely with the trend (trend).

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Do not try to beat the market - follow him

Vitaly Source | Notes from the Vital


In candlestick analysis, we often ignore the rule to judge the combination of candles after closure - Candle in the movement can vary from complete, and supporting the movement in the previous direction to the doge and the shooting star or inverted hammer with a considerable train (fuse).

If we opened up in a situation where stochastic approaches to the opposite area on the working time-frame and is at a higher power reserve, keep a deal before the stochastics of the opposite zone (do not be afraid of movement against the trend, but it is better to avoid such a discovery.)

When approaching a candle to the level of support or resistance, or to the breakdown level, do not open in the course of the movement - the opening is only possible in case of breakdown, and preferably on the next candle, the candle on the piercing can take a chance to open only when the breakdown occurred at the beginning of a time-frame.

Before working on the open time-frame solution agree with the testimony of the older two.

Opens in a new candle is not at the time of its formation, and waited ¼ - 1/5 of the time-frame: it is often in the case of a reversal or the entrance to the flat plug jerks the course of the previous move and go in the opposite direction, especially when talking about the third- fourth candle on the motion.

At the opening of the stop loss should be greater than the noise of currency (the biggest of the two previous wicks in the opposite direction of opening 100 (10) points, the wicks are not necessarily next to each other or just before the opening of the candle - they must be sought in the visible part of the terminal window of the working time -frame). The value of the noise must be under constant supervision.
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Break-out strategy (early morning band)

Vitaly Source | Notes from the Vital


So you drew the upper and lower levels of resistance to the flat in early European session, (c 2:00 to 8-00 (GMT +2)).

What are the possible options for further movement of currencies:

Option 1. The currency pair for the entire trading session does not go beyond this corridor.

This happens very rarely, in cases where the next trading session is expected to yield a very important news. In this case, the entire European session turns into a flat, where none of the participants at risk of serious play "heads" or "tails," not knowing what news will come, and where brokers gathered to drive the currency pair on.

Your actions - wait. If the currency "were" all the European session, they will arrange this at the U.S. rally, having at least 2 times more than they are normally in session.

Agree to take risks because of a few items are not logical, if such conduct exchange said that the American Stock Exchange will move to the points 150-200 as a minimum.

Option 2. Currency breaks some of the levels below or above.

A true breakthrough occurs only when the currency you will cross drafted resistance, make a small setback and cross a second time at the top of the new vershinki, so double penetration level is the main criterion for making the level of resistance in the level of support for this currency pair (optional, see my article " Do not try to ... "). In this case, at least one transaction in the« buy »you must be a long (relatively) - for a few hours to try to get all those items, which will be the currency to the U.S. session. Typically, 300 points or more a pound, euro, yen against the dollar.
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Category: Notes from the Vital

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