Invincible Trade Setup

Forex & Binary Trading
Invincible Trade Setups

By: Marc Ashwin
www.BinaryOptionsGain.com
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U.S. Government Required Disclaimer
CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risks. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.
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Introduction
Forex Market
Forex Market is the Worlds Largest financial Market. Forex trading comprises of concurrent purchasing of one currency and selling of the other. In Forex trading traders open an account with an FX broker or dealer which facilitates the buying and selling of Currencies, and they are traded in pairs; for instance the Euro and the US dollar (EUR/USD) or the Great Britain Pound and the US Dollar (GBP/USD). Presume the buying of a currency as purchasing a share in that respective country. For example, when we buy Great Britain Pound we are in fact purchasing a share in the Britains economy. The value of currency is an undeviating reflection of what the market believes about the present and upcoming health of the economy. The forex market is open 24 hours a day with different financial centres, banks, individuals and institutions exchanging currencies 24 hours a day excluding slight gaps on the weekends. Forex enables you to choose when you want to trade, either in morning, noon or night. Please Visit Our WebSite www.BinaryOptionsGain.com To Learn More:
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Trade Setup 1
News Moves the Market- Trade By The News
Sentiments of the people influence the market by a great deal and news releases can either reinforce that sentiment or have a completely opposite reaction. News, Economic News, commentary from monetary officials and political news all have a significant impact on the price of any financial instrument. One of the most common mistakes that many novice traders make is assuming that all news is discounted in the price the moment it hits the computer screen. This is not the case at all. * * The currency market is enormous, It is impossible for prices to adjust instantly to major news surprises.
When large players such as multi-national corporations or multi-billion dollar hedge funds react to the latest changes in the economic or political landscape, prices might take days to fully adjust to the new reality. The trade setup doesnt require you to guess the direction before hand, it is rather based on reactive trading. If the economic number is better or worse than the forecast then there might be a good trade opportunity, however if the numbers turn out to be the same as forecasted there will be low price fluctuation and no possible reactive opportunity may present itself.
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There is a rule of thumb in news trading, We are either right or we are out! If the price has not reacted as expected to a given price of news and has in fact retraced all the way to pre-news levels we should be in the trade. In this case, we take a small loss and move on. In cases we are right we will pocket big price movement. Every Week we the people behind Forex success Strategy email weekly economic events with their forecasted value, importance and time of release. You need to start your platform ideally 30 minutes before the major release and wait for the economic release. The following trade setup gives an example of economic release and how to trade it.
(To Learn more about Economic release visit: http://www.binaryoptionsgain.com/economic-releases/)
The image above shows an economic release for US Unemployment rate, which are amongst the major economic releases. The Forecasted value was 8.5% whereas the actual number came out to be 8.3%, which generally means that the economy is doing well and has created jobs compared to the previous release which was 8.5%. If we translate this into price of EUR/USD it should mean that the dollar has performed well so dollar should appreciate against euro and price of EUR/USD should decline. 5 Binary options www.BinaryOptionsGain.com
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(To Learn More about Support and resistance visit: http://www.binaryoptionsgain.com/support-and-resistance/)
First, we need to mark the support and resistance levels for the price range for past couple of hours on a 5 Minutes time frame, only then are we going to enter a short trade on the release of number. We will measure the distance between the support and resistance and use that distance as our stop loss. Most of the times profits are far greater than the inverse movement that might happen, so we will close half of our position on first level and the other half on second level as shown in the diagram.
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Trade Setup 2
Trend Is Your Friend Trade with the trend is an old maxim that has helped many traders trade successfully.
(To Learn more about trend lines visit http://www.binaryoptionsgain.com/trend-lines/)
Generally, currencies tend to develop very strong and persistent trends. Unlike stocks, which can be impacted by a myriad of unforeseen variablesfrom the overall state of the economy to the sudden surprising resignation of a key executivecurrencies are primarily driven by larger macro-economic issues such as the countrys growth and interest rate policy. However, it's not always clear what that direction may be. On a day-today basis, economic and political news or speculative positioning can temporarily knock currencies off course, making trend trading more difficult than one may think. Fortunately, we have the benefit of technical analysis at our disposal to help us distinguish true trend from random noise. There are many methods to identify and trade the trending market, however, one of the simple method yet effective is to use which is described in greater detail below. The method we use incorporates a multi-time frame analysis, we will go to one hour chart i.e. H1 on all possible currencies that we trade.
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In this case we found a good uptrend in the AUD/USD pair. We need to draw a channel similar to the one as shown in the diagram below, in your case it could be both, an uptrend or a downtrend. The upper line is drawn by joining the highs and the lower line is formed by joining the lows by a straight trending line.
(To Learn More about channel visit: http://www.binaryoptionsgain.com/channels/)
We will then scale down to a lower time frame i.e. 15M (15 Minutes) and draw 50 Period Bollinger bands with Standard Deviation set to 1.
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Once the bollinger band gets close to the lower trend line and the price breaks the lower bollinger band, we will aim to enter for long as shown in the green arrow in above chart. For a Long Trade you need to set stop loss at or slightly below the lower trend line, whereas the take profit is set slightly below the upper trend line. However, you do not need to wait until the price hits the take profit, instead, you will close the trade when the bollinger band is near the upper level and price breaks and retraces back to the top bollinger band.
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Trade Setup 3
Know the Masses
The setup incorporates a technical analysis and fundamental principal of crowd behaviors to identify trade setups.
This system is based on the psychological and technical price pattern formation. Crowd behavior is predictable and can be found repeatedly on charts in the form of patterns.
The following are the two commonly occurring and reliable pattern called double top and double bottom.
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Double top is formed by a first peak during the uptrend, the peak eventually faces a resistance then price falls downward, and moves up again to test the resistance levels, after which the price falls again, forming two peaks. Double top indicates the buyers are running out of steam and the prices will eventually fall.
Traders look to enter short on the break of support level. The distance between the two peeks could be subtracted from trade entry price to get the target price, where as the stop loss can be taken just above the resistance level.
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The GBP/USD chart above show double top formation on top of a trend, the support and resistance is marked by blue horizontal line at 1.6190 and 1.6253 respectively. The vertical distance between the support and resistance is 63 pips.
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Therefore when the price breaks the support, we will enter short trade with a profit target of 63 at 1.6128, whereas the stop loss half of the profit target at 1.6223.
Double bottom is the counterpart of a double top and a reversal pattern, usually found at the bottom of the downtrend, clearly indicating that the trend is exhausted and about to reverse.
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The first part of double bottom is created by the first trough during the downtrend, the price eventually faces a support, then the price rise, and moves down again to test the support level, after which the prices rise again, forming two troughs.
Traders look to enter long on the break of resistance level. The height of the two peeks could be added to trade entry price in order to get the target price, whereas, the stop loss can be set just below the support level.
We trade double bottom in a similar fashion to double top, however instead of short trade opportunity, we watch for resistance breakout in order to enter long order.
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Hedge Your Trade with Binary Options

Learn a complete new investment types which is highly profitable yet very simple to trade. Binary options allow you to speculate on the price direction of different assets. It further allows to hedge your trades which you placed over spot forex thus minimize overall risk. When trading binary options alone it is similar but simpler then spot forex. Trading binary options you can make high income in relative small time, there is no need to hold any particular option longer then its expiry time. Join me at www.BinaryOptionsGain.com to learn how binary options work and make your trading profitable. Learning and implementing that binary options offer will lift your trading and give you an edge in your investing business. Hedging is one of the advantages among many it provide.
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Invincible Trade Setup

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Invincible Trade Setup

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Forex & Binary Trading

Invincible Trade Setups

U.S. Government Required Disclaimer

(To Learn more about Economic release visit: http://www.binaryoptionsgain.com/economic-releases/)

(To Learn More about Support and resistance visit: http://www.binaryoptionsgain.com/support-and-resistance/)

(To Learn More about channel visit: http://www.binaryoptionsgain.com/channels/)

Know the Masses

Hedge Your Trade with Binary Options

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