My trading plan is looking for a position trade of primary cycle in a direction of seasonal cycle. All of this can be done in the daily time frame! Thanks for your TAE method, finding a trend using MAs, support and resistance and price action trading methology…. The SMA defines the long term trend of market. If price is above the SMA, the long term trend is up and vice verse.
The 50 and 20 EMA act as an area of value so when price is on or in the 50 and 20 EMA zone, I look to enter a trade in the direction of the long term trend.
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In the cycle analysis, there is also a half span cycle which used to identify a cycle low when a prevailing trend is strong. So the half span of primary cycle is 50 EMA. Now, we can state as follow in terms of the cycle analysis. The 30 day trading cycle lows occur when price is on or below the 20 EMA on the daily chart. Similarly, the 20 week primary cycle lows occur when price is on or below the range of 50 and EMA called primary cycle zone.
Therefore, if we can enter the long trade at the cycle lows in up trend or cycle highs in down trend, we could maximise our profit potential and at the same time minimise our loss potential!!! I am trying to return to trade again after 5 years of rest and currently studying the market to set up my trading plan. Thanks for Rayner to sharing a valuable knowledge and experience of profitable trading.
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Currently, I am a one trick pony, looking at the ASX index but I like to expand to various Forex, world indices and commodities, If you could help me how to trade in those markets I would be greatly appreciated. Hi Teo, Am just new on trading but started with cryptocurrency. I would love to know more about swing trading and scalping strategies please. Looking to derive income at the moment.
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Thanks a lot for such awnsome witten. You made my day! Finally I know where can I start! At the present, I can look at screen full time and get exited to see dolars come to my account so I chose day and swing trading. In the fulture when Covi-9 has gone I will back to work so the postion trading would be my choise. Thanks Rayner as I speak I love reading more about trading so that I understand the concept si nce you came close to me the rainbow colour arranged them self… What I am saying I was mixing a lot of things now I understand better… Keep on being with I really appreciate your wonderful work… One of the good days we will mit that will my biggest thanks I ever give anyone..
God bless you. Thank you very much. I enjoy your videos — many thanks. Brother thanks for sharing. Great discussion Rayner. Personally, I work a trending method that works top down. I go from Daily, then 4H, then 1H and 15m. The Daily and 4H are for direction setting and the 1H and 15m are for entry and exit. I use short, medium and long term trendlines and look for trendline breaks.
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I think day trading is suitable for beginners because you can quickly and easily experience more signals within short time. Is it a bad approach to take a bit of the three and combine it? Thanks for the free content you provide you really give people like me a place to start from and slowly dive into the big world of trading and investing. I am in Demo acc. You are a resourceful person Rayner. I have been trying swing trading but without much understanding and in the process making loses.
Going through yr articles equips me with knowledge. I preferred swing trading and I want to know how to use it , because I have limited time to work on the screen.. I was a scalper when I started. Now doing day trade and trying to be a swing trader. Thanks for sharing all your knowledge and experiences. Thanks for this wonderful piece of information. Well presented and easy to comprehend. Pieroo from Uganda. My brother that I am very clear I want to become a day trader While reading the transaction trading I am completely shocked great strategy what you find after completing my day trading course please teach me transaction trading thank you so much my dear bro.
I think that i have found my man with you Reynar,i have been trying to learn Forex trading but with all the material i have been using i was getting confused,since i have been watching your videos and reading your ebooks im really progress,so i dnt want to confuse myself anymore,all i want is your resources im now confident that im going be good at this, so im in South Africa anf would really appreciate it,if u could email me relevant material for beginners,i have never traded before,you are amazing men.
Thank you Ryner…. Thank you for the insight. Hello Rayner Though I am new in forex I have devoured two of your of your books the one on reading candle stick pattern and the ultimate guide to price action trading, I found them really helpful, but the transition trading strategy on this article really caught my attention, I would like it if you could expound more on it in subsequent articles.
I prefer swing trading cause I am working at the moment and interested in creating wealth rather than just income. I prefer day trading because I have more free time to my self and also wish to create income. You are a blessing to manytraders. I have been learning using the swing and goes for the 4 hour time frame. Thanks for sharing your knowledge with me, it has been so helpful.
Currently unemployed,hoping to make this an income stream. Sometimes I close my trades daily and sometimes I hold till next day or days.
But I find it hard picking the right currency. Which currency strength meter can I use? Can you help with that? Hi Rayner, i prefer to be a swing trader. Please send me more information about swing trading. It consumes my time yet I make losses at the end of the day.
I really need help on this. This is a trading life changing skills bro. You are blessed and a blessing to many traders who chose to learn from you. I have been a day trader but now I want to learn from you how to be a good Transaction trader. Please if it pleases you prepare for us the guidance on how to be a successful Transaction trader.
Be blessed abundantly. Much love from Tanzania, East Africa. Thank you for all your help and videos. I am very new to Forex and was wondering what you think of the various approaches that some traders use like Bounceback, GoldCup, Delorean, Harmonics, Pivots etc. Good common sense info for those considering trading. Higher timeframe Please what do you think about it, could it be possible. I only have interest in crypto currency market trading. Thanks Rayner!
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Hello Rayner Thanks for your continued support for all kinds of traders. Your selfless nature is incredible. I have started trading recently and learnt a lot from your lectures.. I am wondering , you with this knowledge and spend lots of time on trading , why you are not a Million-er by now? Great article Rayner, thank you very much.
My preferences are both wealth building and swing trading. Your articles have been very useful on improving my understanding of swing trading and I look forward to each new installment. Best wishes and good health to you.