Picking tops and Bottoms On Bollinger band

Picking tops and bottoms on Bollinger Bands

By using multiple time frames and candle stick formation we will uncover how to pick tops and bottoms while trading in the trend of the bigger time frame.

We begin by looking at the daily chart to ascertain what direction we looking to trade by using the common Bollinger Band indicators middle line. A pair trading above the 20SMA is in short term up trend. A pair trading below the 20SMA is in a short term down trend.

Once we find our direction we move to the smaller time, 4hour and 1hour, there we look for weakness in a uptrend (touch of bottom bands) and strength in a down trend (top of bands).

Picking tops and bottoms on Bollinger Bands In Urdu :

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GBP / JPY

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Trend Line strategy In Urdu

Trend line:

 Trend Lines are The lines We draw On chart For any Support and resistance levels.

When We connect highs Through a Line It Is Called Resistance .

And when we Connect Lows through a Line It is called Support.

  HOW TO DRAW TREND LINES:

 In Toolbar Select The trend line And then draw It on Chart :

Like 

trend line apply

When we Connect Highs It looks like This Called Resistance

Resistance

 When we Connect The lows It looks Like This Called Support

Trend Line strategy:

 Creating a support/resistance tunnel on the price congestion and trading on the break of this tunnel is a milestone of Forex trading discoveries.
This trading system/approach needs no indicators and can be applied to any currency and traded in any time frame where coiling in a tight range is spotted.
Entry rules:
 Find consolidation on the chart and draw two horizontal trend lines � support and resistance. Once the price breaks trough one of the trend lines and a current price bar closes outside the tunnel � buy/sell in the direction of the breakout. (If price pierces the trend line, but did not close outside the tunnel, cancel the previous trend line and draw another one according to the new conditions). 

Note:
 also very often happens that once the price makes it through support or resistance it rocks down/up very quickly and so, more aggressive entry can also be adopted � without waiting for the current price bar to close.

Exit rules:
 not set, however, it is believed, that the price after breaking the tunnel will travel the distance equal to the width of that tunnel.

Advantages: very simple and extremely effective. It can provide 100% profitable entries if short profits are taken - usually with the close of the first candle right after the entry.
Disadvantages: very accurate and well thought entry point should be picked. Orders placed very close to the tunnel can be triggered by sudden whipsaw early before real breakthrough occur.

 Trend Line In Urdu:

Trend line

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Support aur resistance

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Trendlines

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resistance and breakout

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support and breakout

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Ranging market breakout

 

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RSI Simple strategy in Urdu

RSI strategy In English:

Although no trading system can solely rely on RSI indicator, using it in combination with other tools and proper technical analysis can bring a new edge to your Forex trading.
Setup:
Currency pair: Any.
Time frame: Any.
Indicator: RSI (14) with levels at 70 and 30.
Entry rules: Buy when RSI has crossed below 30, formed a bottom, and then crossed back up through 30.
Entry rules: Sell when RSI has crossed above 70, formed a peak, and then crossed back down through 70.
Exit rules: not set.

RSI chart

Advantages:
 RSI is a very good indicator to refer for confirmation for any entry in any simple or complex trading system. For current trading method it advices well on entries, but opportunities occur not that often.
Disadvantages: 
monitoring is needed, still false signals take place. Strategy is suggested to be used in combination with other ones.

BUY WHEN: RSI crosses Below 30 and then crosses back toward up direction,Wait for the candle to close and then Buy,This can be very good trade for small Profits and may be Used for scalping

SELL WHEN: RSI crosses above 70 and then crosses back in down direction,Wait for candle To close and Then Sell for profits,This is also good for short term scalping.

  RSI STRATEGY IN URDU :

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moving averages

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RSI

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RSI settings

Agar Rsi 30 kay level say down chala jae aur phir up ki taraf cross karay to BUY kar lain.

Agar RSI 70 say opar chala jae aur phir down aey to SELL karain.

Lekin Aik bat ka khyal rakhain k Bar close ho jae tab trade karain aur Small Profits K liay Ye trade Karain .

Keun K Ye strategy Scalping ki Hay aur Long term main Achi Ni hoti.

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RSI scalping chart

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Moving Average Strategies and systems in urdu

  Urdu Guide Is written down

In English moving average strategy:

Currency pairs: ANY
Time frame chart: 1 hour or 15 minute chart.
Indicators: 10 EMA, 25 EMA, 50 EMA.

-Entry rules: When 10 EMA goes through 25 EMA and continues through 50 EMA, BUY/SELL in the direction of 10 EMA once it clearly makes it through 50 EMA. (Just wait for the current price bar to close on the opposite site of 50 EMA. This waiting helps to avoid false signals). 

-Exit rules: option1: exit when 10 EMA crosses 25 EMA again.
option2: exit when 10 EMA returns and touches 50 EMA (again it is suggested to wait until the current price bar after so called �touch� has been closed on the opposite side of 50 EMA).

If you dont know how to apply Indicators then read my This Tutorial please .

You can Apply Moving average like this :

10 EMA settings

25 EMA settings

50 EMA settings

Remember : The moving Method Is =exponential
and Period :changes

Now the Chart will look like this :

Chart for EMA crossover

In Urdu moving average strategy:

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Metatrader

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Indicators

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Moving average
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EMA crossover signal chart

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