The Best Trend Indicators

The Best Trend Indicators

As a newbie trader one of the most important things that you will need to learn is exactly how to identify trends, and how to identify the direction of a trend. If you as a newbie trader learn how to identify the direction of trends, your chances of being successful in the world of trading greatly increase. Now, what is important to note is that in order to identify a trend and the direction of the trend, you should be using the best trend indicators out there, and yes this is in part what we are here to discuss today.  

However the problem when it comes to identifying trends and their directions is that one type of trader might see an uptrend whereas another type of trader might see a downtrend. a daily chart could look like there is an uptrend occurring, whereas an hourly chart could look like there is a downtrend occurring. Let’s get right to it and take a look at some of the best trend indicators out there, as well as how to use them, and what you need to avoid doing in order to make money when trading.

Trend

Identifying a Trend

One of the important things to note here is that a trend can look more like an illusion than anything else. The reason we say that a trend looks like an illusion is because depending on what your time frame is like, a trend can look very different. For instance, if you are looking at a 5 minute chart or a 15 minute chart it could appear as though there is a trend in the upward direction.

However, if you look at the daily chart for that very same asset, it might appear as though there is a downtrend occurring. the bottom line here is that when it comes to trends and trend indicators, it really depends on what kind of time frame you are using.

For instance, if you are a day trader, you should be using 30 minute timeframes and lower. As a swing trader you should be looking at one hour timeframes and four hour timeframes, and everything in between. If you are a position trader then you should be looking at 4 hour timeframes and above.

Using Price Action to Identify Trend Direction

Price action is all about reading the structure of a market, the momentum of a trend, and the sentiment to identify trading opportunities. In terms of trading, price action is one of the most important things that you need to learn because it provides you with extremely valuable insight to the market that you are currently trading in. Price action can tell you where traders are placing their stops and when new traders will enter the market.

There are three things to remember when it comes to price action, including that an uptrend consists of higher highs and lows, that a downtrend consists of lower highs and lows, and that arranges contained between the lows and the highs. with all that being said, identifying the direction of a trend when candle sticks are going all over the place can be difficult, so in the next section we’re going to learn how to identify a trend without using candle sticks.

Trend

Identifying Trend Directions Without Candlesticks

When there are tons of candle sticks with really long wet Wicks facing in all sorts of directions, things can be really messy, and it can make it hard for newbie traders to identify the direction of the trend. The simple solution to this problem is to use a line chart. For those of you who don’t know what a line track is, it is a chart that takes the price at the close and then connects closing prices together via line.

This takes the form of a squiggly on your chart that is much easier to read than those candle sticks. It’s pretty simple to read because if the line points higher than there is an uptrend, and if the line points lower than there is downtrend, and if the line is flat then it is arranged. However, with that being said the line tribe only considers the closing price, and that means that you won’t know what the high and low of a specific candle is, and this can be problematic. for identifying entries and exits using candle sticks or bar charts is best.

Using Moving Averages to Identify Trends

For those of you who don’t know, moving average is an indicator that summarizes the past prices, and is then plotted on your chart as a line. Sure, the moving average is a lagging indicator, but it’s not totally useless because it can help you identify the direction of a trend. a very simple technique to use is this, if the price is above the 200 MA line then there is a long uptrend but if the price is below the 200 MA line then there is a long downtrend.

You can also use a shorter term moving average, for instance if there is a strong trend the price will usually stay above the 20 ma line but in a healthy trend the price usually stays above the 50 MA line. Keep in mind that the moving average works best in a trending market. However if there is a range, then the moving average does not work very well.

Trend MA

Using Trend Lines to identify Trends

A trendline is a specific type of tool that you can draw on your charts, and it helps you identify both the strength and direction of a trend. When it comes to drawing trendlines, what you need to do is to look for at least two swing points, and then connect the swing points using a trend line, and then get as many touches on the trendline as humanly possible.

In terms of interpreting a trend line, if the line points higher than it is an uptrend, and if the line points lower than there is a downtrend. What you also need to pay attention to here is the angle of the trend line because the steeper the trendline is the stronger the trend is, and the flattered the line is the weaker the trend.

Trend Trendlines

Trends & Trend Indicators – Final Thoughts

Now that you know what the four best types of trend indicators out there are, you can start easily identifying both the direction and the strength of a trend, with the hopes of you making consistent profits on a daily basis.

If you need help day trading, and what you need is a comprehensive education, particularly on Forex trading, then the best place to be is the Income Mentor Box Day Trading Academy. At this time, the IMB Academy is the most comprehensive, user friendly, effective, and affordable Forex trading school out there.  

CLICK BELOW TO JOIN INCOME MENTOR BOX AND START MAKING REAL PROFITS! 

Things that Professional Traders Do Well

Things that Professional Traders Do Well

If you are just getting into trading, whether it be Forex trading, crypto, currency trading, the stock market or anything in between, the fact of the matter is that if you are a beginner, you probably don’t know how to trade. Of course, getting a good trading education is going to help a whole lot, but with that being said, no matter what kind of education you have, there are always things that professional traders do that newbies don’t.

In other words, what we are here to talk about today are the things that professional traders do very well. The things that professional traders do in order to profit. Of course, making profits is a big part of the equation, but minimizing risk is another part. As somebody who is just getting into the world of trading, there are many different tips and rules that you need to follow in order to be profitable and successful. Today, we’re here to talk about some of the things that professional traders do to make money, things that losers often forget to do.

professional traders

Things That Make Money for Professional Traders

Right now, we want to talk about some of the most crucial things that you as a trader need to do in order to be profitable. These are all things that professional traders do on a daily basis.

professional traders

Be Independent

One of the absolute worst things that you could possibly do in trading is to not be independent. There are all too many newbies out there who will go to various social media platforms, forums, and other unreliable sources of information. For tips and advice on trading. Most people will ask simple questions that can be answered through nothing more than a bit of research and testing. A lot of people will ask what is the best of this for that and so on and so forth.

You should not be asking what or when, but you should be asking why the fact of the matter is that there is no best trading strategy for any given situation, but a certain strategy may be best for a given situation based on a variety of factors. Therefore, you always need to be asking yourself why a specific trading strategy works or why a specific event occurred. You need to be able to think independently to create your own hypothesis and to test them by yourself as well.

You Need to be Willing to Put in the Work

One thing that professional traders do very well is to put in the required work, especially when it comes to testing out various trading strategies. For instance, one thing that you might ask yourself is whether a 10 week breakout or a 50 week breakout is better in terms of your returns relative to the risk. A lot of newbie traders might be tempted to just go online and type this question into Google.

However, the answers you get are going to be extremely varied depending on who wrote them and what situation they are talking about. Therefore what you need to be able to do is to go do some back testing. You need to be able to analyze both of those time periods for a variety of stocks and then come to your own conclusion. You have to get your hands dirty and be willing to do the work on your own, always relying on others for answers and information just isn’t going to work over the long run.

Managing Expectations

Yet another thing that professional traders do very well is to manage their expectations. Many newbie traders expect that they will be able to make a huge profit every single day and to be able to grow their trading account to 7 or even eight figures within just a couple of months. However, the unfortunate reality is that this just is not how life works.

When it comes to trading, sure you might get lucky, but the simple reality is that 99.9% of traders will completely bottom up and blow out their accounts by attempting to do this. Remember, trading is a marathon, not a sprint, and this means that you need to be calculated and you need to take your time. The simple fact of the matter is that you’re just not going to make profits every single day.

Managing Risk

The next thing that professional traders do extremely well is to manage risk. What you need to know here is that no range sustains all of the time that no market trends all of the time, and that no strategy works all of the time, and therefore you need to be able to manage your risk appropriately.

This means that you need to know how to size your positions, how to use reduced leverage, and how to use stop loss.

Moreover, you also need to consider how much of your total trading capital that you want to invest for trade. Most professional traders will never invest more than two percent of their trading capital into a single trade. Therefore, if you lose a trade, at least you don’t lose all that much money.

Keeping Emotions in Check

The other thing that you need to be able to do, something that all professional traders do very well, is to keep your emotions in check. Folks, emotions have no place in trading, none whatsoever. Trading is all about logical thought and reasonable deduction. Nothing more, and nothing less.

If you are on a winning streak, don’t get too overzealous, happy, and start placing huge trades, because losses are always around the corner.

On the other hand, don’t be too discouraged if you lose a few trades, because there are always greener pastures ahead. Stay calm, cool, and collected, and if you are using a proven trading strategy, stick to it. Remember folks, consistency is key.

Trading as Professional Traders Do – Final Thoughts

The bottom line is that if you want to emulate the results that real professional traders can achieve on a daily basis, starting with the above rules and tips is definitely a good way to go.

If you need help day trading, and what you need is a comprehensive education, particularly on Forex trading, then the best place to be is the Income Mentor Box Day Trading Academy. At this time, the IMB Academy is the most comprehensive, user friendly, effective, and affordable Forex trading school out there.  

CLICK BELOW TO JOIN INCOME MENTOR BOX AND START MAKING REAL PROFITS! 

How to do Demo Trading

How to do Demo Trading

If you would like to start profitably, whether it is Forex, cryptocurrencies, the stock market, or anything in between, something that you may want to try doing is demo trading. For those of you who don’t know what demo trading is, it’s just like a great way to practice your trading skills without having to risk real money.

Now, with all of that being said, although demo trading does not force you to trade with real money, there are still certain risks involved. Moreover, there are also some crucial tips that you need to follow, because if you engage in this type of trading improperly, you will set yourself up for failure once you start trading with real money.

Today, we want to provide you with an in depth guide on demo trading, complete with all of the benefits and drawbacks that it comes with, the mistakes that you need to avoid making, and how to do it properly.

demo trading

What’s the Story with Demo Trading?

Alright, so for those of you who don’t know what demo trading is, this is a type of trading that allows you to test out a trading platform without having to trade with real money. This could be for a standalone trading platform, or it could be a broker’s trading platform.

The bottom line is that this is all about trading without using real money, kind of like practicing your real estate skills by playing monopoly, but actually useful. In other words, demo trading involves using a trading platform just like you would with real money, but with virtual money.

This allows you to trade under real and live market conditions without having to put your own money on the line. As you can tell, this has the potential to be extremely beneficial for any newbie trader.

The Benefits of Practice Trading

Now, you might be wondering why you would actually try demo trading. After all, if you could trade with real money and make profits, why wouldn’t you skip the practice round and get right to the real stuff? Well, there are actually quite a few reasons why using a demo account for a trading platform is a good idea. So, what are they?

  • Of course, the biggest benefit of this type of practice trading is the fact that you get to test out a variety of trading platforms, thus allowing you to see which ones are functional and which ones are not. It’s all about being able to master the navigation and functions of a specific platform.
  • Moreover, the fact that you get to test out trading itself is a big deal too. Not only will you get a good feel for what trading is all about, but you’ll also figure out what type of trading is best for you, whether swing trading or day trading, or maybe scalping too.
  • It’s a great way to figure out what markets you want to trade on, whether the stock market, cryptocurrencies, commodities, Forex, or anything in between.
  • Demo trading accounts are also great ways for people to test out a variety of trading strategies to see what works and what doesn’t all without having to risk real money.

demo trading

Certain Risks & Drawbacks

For all of the pros and benefits that demo trading accounts come with, there are also some very real dangers that you need to be aware of as well. Let’s take a look at the some of the drawbacks of this kind of practice trading.

  • One of the biggest drawbacks to demo trading is that you just don’t have any kind of emotional attachment to your money. So, you lose $10,000 on a demo trade, but of course, it’s not real money, so it doesn’t really hurt they way it should. With a real trading account, you will make corrections and change your strategy to stop losing, with a demo account, you might just reset everything and try again, all without making the necessary adjustments. This is a good way to develop bad trading habits.
  • People tend to just spend far too much time demo trading, and this changes the way people react to winning and losing trades. You’re just not going to respond the same way if you lose fake money as opposed to real money. Of course, there is also the simple fact that you won’t make any money either.
  • Another issue with demo trading is that you might not actually try to use any risk management strategies. If you don’t use risk management when practicing, you’ll probably forget to use it when trading with real money. If real money is not on the line, people are far less inclined to practice and develop good risk management strategies.

Demo Trading the Right Way – Crucial Tips

We want to finish things off by providing you with some of the most important tips that will allow you to practice all of your trading skills using a demo trading account without developing bad habits. Nobody says demo trading accounts are bad, but you do want to follow these tips in order to avoid the risks discussed above.

  • You absolutely need to develop a trading plan, and this needs to be the same plan you will use for real and live trading. So, you need to figure out what your trading method and style is, what markets to trade, the timeframes to trade on, when to exit to take profit, when to exit to stop losses, and how to apply position sizing.
  • You also definitely want to employ a solid routine, one that will allow you to check your charts, place trades, and keep track of them, all without interfering in your daily life. You could look for opportunities early in the morning, trade from morning until noon, and then spend the evening reviewing results.
  • You should also base how long you engage in demo trading for on what type of trading you are engaging in. If you are day trading, which is a high frequency type of trading, then a month or two will do, but if you are practicing swing trading, you might want to use a demo account for 3 or 4 months. You need to practice for long enough until you have ironed out all of the wrinkles.
  • All of that being said, the biggest tip here is to spend as little time as possible demo trading, just enough until you feel comfortable enough to start risking real money. This is the best way to figure out how you will react to both winning and losing money, and it’s the best way to build confidence. Remember, always start with very small investments, then once you start winning some trades, you can move up. Of course, you want to start real trading as soon as possible because it’s the only way to actually make money.

demo trading

The Bottom Line on Demo Trading

The bottom line here is that you should definitely do some demo trading before risking real money, but that said, you do want to follow the tips that we have outlined here today, in order to avoid those risks and drawbacks that we discussed earlier.

 

If you need help day trading, and what you need is a comprehensive education, particularly on Forex trading, then the best place to be is the Income Mentor Box Day Trading Academy. At this time, the IMB Academy is the most comprehensive, user friendly, effective, and affordable Forex trading school out there.  

CLICK BELOW TO JOIN INCOME MENTOR BOX AND START MAKING REAL PROFITS! 

Stock Trading Mentor Box + UPSI

Stock Trading Mentor Box + UPSI

OFFICIAL LINK HERE

If you know what you are doing, then the stock market is one of the most profitable markets out there. Of course there are many different stocks to invest in and to trade with. Now, with that being said, the key takeaway there is that you do of course need to know what you are doing. If you don’t know what you are doing, you are not going to be successful with stock market trading. And this is where Stock Trading Mentor Box comes into play.

Of course, we’re going to take a much closer look at Stock Trading Mentor Box today and what it incorporates. The simple reality here is that without the proper kind of education and training for stock market trading, you just aren’t going to be successful. There are too many factors to account for and too many pieces of knowledge that you need to know in order to trade profitably. Stock Trading Mentor Box is an educational service that can teach you everything you need to know about stock market trading.

However, this stock market trading Academy is not the only thing that we are here to look at today. When you join Stock Trading Mentor Box, your membership also comes with a very special trading tool included for free. This special trading tool is the UPSI or the Ultimate Profit Scalping Indicator. An awesome indicator that you can use in order to trade the stock market and much more with relative ease. Let’s get to it and see what Stock Trading Mentor Box as well as the Ultimate Profit Scalping Indicator can do for you.

Stock Trading Mentor Box

A Lowdown on Stock Trading Mentor Box

Alright, so the first thing that we want to do here today is to take a closer look at Stock Trading Mentor Box to see exactly what it can do for you. Remember folks, it’s all about helping you become the best possible stock market trader that you can be.

What is it?

Alright, so first and foremost Stock Trading Mentor Box is one of the world’s most popular and trusted stock market trading schools out there. In layman’s terms, this is a school that will provide you with all the necessary tools, skills, and knowledge in order to be a profitable and successful day trader that can make profits on a consistent basis without risking too much.

What is also important to note about this particular stock market trading school is the fact that it is of course 100% online. This means that you can trade from the comfort of your own home without ever having to get up off of your couch. On that same note, what’s also beneficial about this stock market. Trading school is the fact that you can learn on your own time.

Sure, some people finish the curriculum in just a couple of weeks, but if you choose to do so, you can take a couple of months or even more. The bottom line here is that once you are a member of this stock market trading school, you have lifetime and unlimited access to the full course curriculum.

 

Stock Trading Mentor Box

Who is it for?

Alright, now something that you might be wondering is whether or not Stock Trading Mentor Box is right for you. Well, all you really need to ask yourself is whether or not you know how to trade stocks and whether or not you like making money. If you don’t know how to trade stocks, but you like making money, then Stock Trading Mentor Box is definitely the right choice for you.

Remember folks, this particular stock market trading school is all about teaching you the relevant skill, but you need to be a successful trader. Now, in terms of who it is actually designed for it, we would say that it is designed primarily for newbie traders who don’t have the first clue about trading. After all, this court starts off with the most basic terminology and concepts to provide you with a good ground foundation that you can then build upon.

Yes, the course then does build upon the basics and will provide you with all the tools that you need for success. Now, with that being said, trading does change and evolve, which means that even seasoned professionals could probably gain something from this course. There’s always something new to be learned.

What Will You Learn?

Alright, so one of the most important things that you probably want to know about Stock Trading Mentor Box is what you will actually learn. Now we don’t want to go through the whole course curriculum because it’s quite a long run, but without being said this course does consist of over 50 full length video tutorials.

As mentioned above, the course starts out with the most basic terminology and concepts that you need to know in order to provide yourself with a good framework or foundation to Start learning. Of course, then quickly progresses to some of the more advanced and most complex trading strategies and more. Whether we’re talking about identifying entry points and exit points, identifying the best trades to make, using charts, using indicators, learning about the best trading strategies and more, these are all things that you will learn at stock trading, mentor, boss, and everything in between too.

When it comes down to it, this course will teach you quite literally everything that you need to know in order to be a self sufficient, profitable and consistent stock market trading professional. Just take a look at the screenshots that we have included here for a good idea of what exactly this course includes. Now what we do want to say is that those video tutorials are all full length tutorials that can last anywhere from 10 to 30 minutes and they are taught by none other than Andrew himself. Something that we are about to talk about below.

Stock Trading Mentor Box

Who Teaches it?

Yet another important thing that you probably want to know about this Stock Trading Mentor Box stock market trading school Is who the actual leader of it is. Well, the leader of this stock market trading school is none other than Andrew A.

Now you might know Andrew aid from his YouTube trading channel, aptly named Andrew’s trading channel now Andrew’s trading channel is a 100% free online resource that you can access through YouTube and it contains literally thousands of trading guides, reviews of programs, informational tutorials and much more. If you need to learn about fairly random concepts and strategies, and you also want to get a good feel of what Andrew is all about, then we definitely recommend checking out his trading channel.

With that being said, Andrew is of course a well established trader who has been in the business for well over a decade, and he makes a full time living by trading part time. He is an extremely successful trader who is well versed in stock market, Forex, cryptocurrency, and commodities trading.

Stock Trading Mentor Box

Not only is he a fantastic trader, but he also makes for a really good teacher who knows how to convey difficult market concepts in ways that are easy for newbies to understand. All of his videos and tutorials are designed in such a way that even somebody who has never heard of trading before can easily learn.

Now you might also know Andrew from the Income Mentor Box Day Trading Academy, which is an equally reputable and popular Forex trading school that has actually been around for a bit longer than Stock Trading Mentor Box. Income Mentor Box has been extremely successful in the last couple of years and we expect nothing different for Stock Trading Mentor Box.

VISIT ANDREW’S TRADING CHANNEL

 

The Cost of STMB

Alright, so we assume that something else that you would like to know about Stock Trading Mentor Boxes, how much it costs. Well, this course costs $399. Now that is a one time fee. And no, there are never any additional recurring or hidden fees. You paid $399 a single time and then you are a member of this academy for Life, and this means that you have full access to all course content for as long as you live.

People $399 might seem like a lot of money to spend, but the fact of the matter is that you can make back many times more that amount in just a single day of stock market trading. As long as you know what you are doing. We think that this is a very reasonable price to pay.

Moreover, as you are about to find out Stock Trading Mentor Box also comes with the free trading tool included, which is of course the UPSI or ultimate profit scalping indicated, which is at this time one of the most useful stock market and forex trading indicators that you could possibly use at this time.

All About the UPSI Indicator

OK, so we did mention that this Stock Trading Mentor Box Academy did come complete with this UPSI indicator, otherwise known as the Ultimate Profit Scalping Indicator. So what exactly is it? What does it do, and how can it help you make money? Well, the Ultimate Profit Scalping Indicator is a special type of trading tool. Or in other words, an indicator that you can use for a variety of trading types such as stock market trading, cryptocurrency trading, forex trading and more.

For those of you don’t know, an indicator provides you with a variety information about the volatility, volume, momentum and the trend of a specific security. Now the Ultimate Profit Scalping Indicator provides you information about both the trend and the momentum of the specific security. Moreover, in case you don’t know what scalping and trading is, this is a type of trading that is characterized by a very large amount of small trades that are only open for short periods of time, with the main goal of being to allow all of those trades to accumulate into one substantial profit pool.

UPSI

Its Ultimate Profit Scalping Indicator uses a series of highly advanced algorithms and market analysis techniques in order to determine what the best possible trades for you to make are. Of course, all of the research and heavy lifting is done for you, so you don’t actually have to do any of the research and you don’t really need to know what you are doing either. This is a special type of trading tool that takes the hard work out trading.

It has the ability to provide you with accurate buy and sell signals for a variety of securities. All you have to do is wait for the signals that come out and then place trades appropriately. Sure, you do still have to know how to use this Ultimate Profit Scalping Indicator, but with that being said, it’s one of the best assisting tools that you can possibly use because it provides you with all of the information you need to make trades without really doing much at all.

UPSI Stock Trading Mentor Box

Now what you do need to keep in mind here is that you can purchase the Ultimate Profit Scalping Indicator separately from Stock Trading Mentor Box. Of course Stock Trading Mentor Box along with the indicator costs $399, but if you like you can purchase the indicator separately for just $299.

Personally, we would recommend joining the academy itself, because this will actually teach you how to trade, whereas the Ultimate Profit Scalping Indicator, while it can help you make money, it won’t actually teach you how to trade. One holds your hand throughout the entire trading process and the other actually teaches you to become a sufficient trader.

 

 

Stock Trading Mentor Box & The Ultimate Profit Scalping Indicator

The bottom line here is that if you want to make the most possible money trading the stock market, then you need to learn how to trade first and this is what Stock Trading Mentor Box is for. However, so you can actually make some money while you are still learning to trade. You can also use the Ultimate Profit Scalping Indicator. For one very low price, you can become a stock market trading professional.

 

CLICK ON IMAGE BELOW TO JOIN

Stock Trading Mentor Box Direct Link

Easy Trading with UPSI Indicator

Easy Trading with UPSI Indicator

If you would like to start trading with stock market, cryptocurrencies, Forex, or anything in between, then something that you might not be aware of is just how difficult it really is. The fact of the matter is that without the proper skills, training and education, your life as a trader is not going to be very easy. Without the proper kind of tools, you are not going to make any money. Now this is where the UPSI or the ultimate profit scalping indicator comes into play.

If you have no idea what the UPSI is, no worries, because this is exactly what we are here to explain today. The ultimate profit scalping indicator is a relatively new tool that was developed by a team of high class traders. This is a tool designed to provide you with accurate buy and sell signals so you can make very easy and quick trades. When it comes down to it, this is an extremely high quality trading indicator that can definitely help you put money in your pocket.

What is also important to know about this particular trading indicator is the fact that you really don’t have to know the first thing about trading to put it to use. This is one of the easiest to use indicators in the world and this is what makes it ideal for newbies. Moreover, the UPSI also comes packed with features that will allow you to make consistent profits with ease. Right now we want to review this UPSI indicator to see exactly how it can put money in your pocket.

UPSI

What is the UPSI?

Before we can get to talking about what the UPSI is, there are some other important things that you need to know. First and foremost, you do need to know what an indicator in trading is.

So, What’s an Indicator?

Here we have a very basic textbook definition of what an indicator is. “In the context of technical analysis, an indicator is a mathematical calculation based on a security’s price and/or volume. The result is used to predict future prices. Common technical analysis indicators are the moving average convergence-divergence (MACD) indicator and the relative strength index (RSI)”.

With that being said, knowing what an indicator is, is not the only important part of the equation. What you need to be aware of here is that the UPSI is a profit scalping indicator. Therefore, you do need to know what scalping in trading is an no, it has nothing to do with removing heads.

So, What’s Scalping in Trading?

When it comes to trading, whether we are talking about four X cryptocurrency, the stock market or anything else scalping is all about placing extremely short term trades that are only open for a short period of time and are placed with very small investments.

 The point of profit scalping is to minimize your overall risk by only investing small amounts of money. The end goal here is of course to have all of those small trades add up into substantial profits. It’s all about maximizing your profits while minimizing your risk of loss.

So, What does UPSI Do?

Alright, so now that you know what an indicator in trading is, as well as what scouting in trading is, we can do a much better job of explaining what exactly this UPSI is. The ultimate profit scalping indicator is a special type of indicator that uses a series of highly advanced market analysis techniques, as well as a variety of algorithms in order to figure out what the best signals for you to trade with are.

Of course, these signals are all about short term trades and small investments. One of the reasons why people like this UPSI indicator so much is because it actually works. It features a great accuracy rate of well over 90%, which means that it’s nearly impossible to not make money with it.

This particular indicator is more than ideal for newbies, thanks to the fact that it quite literally holds your hand throughout the entire trading process. It allows you to make consistent profits without actually knowing the first thing about trading.

ultimate profit scalping indicator

Everything You Need to Know About UPSI

OK, So what we want to do right now is to provide you with a list of all of the most important features and benefits that you get with the UPSI or the ultimate profit scalping indicator.

  • Perhaps the most important thing for you to know about the UPSI is the fact that it comes with three separate components. The first component is the trend component that provides you with very accurate buy and sell signals. The second component is the trend cloud component that helps traders identify long term and short term trades. The third component is the volume indicator that shows you the overall momentum and activity of a certain asset.

UPSI

  • What is also worth mentioning about the UPSI is the fact that while it is primarily designed to trade stocks, it can also be used for Forex trading, crypto, currency trading, commodities trading and other types too. Depending on the specific settings you have, the UPS I set to you can use it for virtually any type of market or security out there.

  • You keep in mind that this particular day trading indicator is accurate over 90% of the time, which makes it nearly impossible to not make profits with it.

UPSI

  • The fact that the ultimate profit scalping indicator comes complete with an alert system that allows you to get alerts on your phone, your computer, or anywhere else is very cool too. This means that you can always trade with the freshest, the newest and the most accurate signals.

  • Let’s also keep in mind that the UPSI never repaints signals, so you never have old or inaccurate signals to deal with.

  • The other thing to keep in mind about the ultimate profit scalping indicator is that the cost of it is just $299. With that being said, if you would also like to learn how to be a profitable trader, one that is self sufficient then you might want tickets that are joining Stock Trading Mentor box. At this time, this is one of the most popular and useful stock market trading schools out there. Now the cost of this stock market trading school is $399. But what you do need to be aware of here is that if you become a member of it, you will also get that ultimate profit scalping indicator included with your membership.

The Ultimate Profit Scalping Indicator – Final Thoughts

The bottom line here is that if you need an awesome tool to help you make money, even if you don’t know anything about trading than this UPSI or ultimate profit scalping indicator is definitely something that you want to have in your corner.

CLICK ON IMAGE BELOW TO JOIN

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MACD Indicator Trading Guide

MACD Indicator Trading Guide

If you are trading stocks, forex, cryptocurrencies, or anything in between, then one of the things that you absolutely need to know how to do is how to perform technical analysis. Now, when it comes to technical analysis indicators, one of the most important ones that you need to know about is the MACD indicator.

The MACD Indicator is an extremely useful tool when used in the world of technical analysis. It can provide you with a whole lot of information in relation to the direction of a price of a security or asset.

If you do not know what this indicator is, how it works, what it tells you, or how to calculate it, then no worries, because this is exactly what we are here to teach you today. Let’s get right to it and provide you with a newbie trading guide for the MACD indicator.

What is the MACD Indicator?

For those of you who don’t know, MACD actually stands for Moving Average Convergence Divergence. Now, although this may sound like a very complicated technical indicator to master, it is actually fairly simple. All of the MACD indicator does is measure the relationship of exponential moving averages or EMAs.

When you look at this indicator, when attached to a chart, you will see that it displays three lines. It displays the MACD line, which is a blue line, a signal line, which is a red line, and a histogram, which is a green line. The main goal here is to illustrate the difference between the MACD and signal lines.

To put this in technical terms, the moving average convergence divergence indicator is the difference between two moving averages that have been exponentially leveled, and these are generally on the 12 and 26 day periods, with the signal line usually taking the form of a 9 period exponentially smoothed average of the moving average convergence divergence line.

One of the main things that the MACD indicator does it to function somewhat as an oscillator, because it provides you with both oversold and overbought signals, which are either below or above the zero line, with MACD lines generally wavering around that same zero line.

 

What does the Moving Average Convergence Divergence Indicator Tell You?

OK, so something that you are probably wondering here is what exactly the MACD indicator has the ability to tell you. So what you need to know here is that the moving average convergence divergent syndicated is one of the most versatile technical analysis tools out there, and the reason for this is because it has the ability to measure two different things.

What you need to know here is that indicators are generally divided into four categories, which are trend, momentum, volume and volatility indicators. While this particular indicator is actually both a trend indicator and a momentum indicator combined into one which therefore makes it extremely useful. Below we have listed some main points in terms of exactly what this indicator tells you and what it means when it looks a certain way.

  • When the moving average convergence divergence’s line crosses above the zero line, the signals are in an uptrend. Traders usually take this as an indication to place buy trades.
  • When the MACD these line crosses below the zero line, the signals are in a downtrend. Traders usually take this as an indication to place sell trades.

MACD

Pros & Cons of the MACD Indicator

Yes, the moving average convergence divergence indicator is of course an excellent one to use for technical analysis. However, as is the case with all indicators, there are both advantages and disadvantages to using the MACD.

Pros
  • The fact that it is both a trend and momentum indicator is of course a big bonus.
  • When using the MACD crossover and the divergence, this indicator provides you with very clear and accurate buy and sell signals.
  • For increased clarity, this particular indicator can be used along with other tools and indicators.
Cons
  • It is sometimes the case that this particular indicator may provide false signals, especially when it comes to reversals. Sometimes something that looks like a reversal with this indicators as actually just a sideways movement or a pause before the same trend continues.
  • It is also sometimes the case that this particular indicator doesn’t provide 100% accurate analysis of trends. Sometimes trend following signals may fail. Sometimes these signals may also not move enough before a trend reversal.

 

MACD - Wikipedia

Calculating the Moving Average Convergence Divergence

Although this may all seem very complicated, the fact of the matter is that calculating the MACD is not actually that hard. Keep in mind that this following calculation is using the 12. And 26. Timeframes as the moving average convergence divergence indicator usually uses.

  1. First, calculate the 12 period EMA for the price at a chosen time.
  2. Calculate the 26 period EMA for the price at a chosen time,
  3. Subtract the 26 period EMA from the 12 period EMA.
  4. Based on the result obtained in step 3, calculate a 9 period EMA.

MACD

 

FAQ

  1. What is the Best MACD Setting for Day Trading?

Generally speaking, the MACD is set to 12, 26, and 9, as we have spoken about in great detail above. However, if we are talking about the best settings, these are considered to be 5, 13, 1, as these provide you with a visual representation of MACD patterns. However, some people love the sensitivity provided by 5, 35, and 5 settings.

  1. How is MACD calculated?

Generally speaking, the 26 period EMA is subtracted from the 12 period EMA (or the 13 from the 5), the result of which is the MACD line. A nine day EMA (or 1 day), of the moving average convergence divergence line, called the signal line, is plotted on top of the MACD line, which then functions as the trigger for buy and sell signals.

  1. How Accurate is MACD?

When it comes to technical indicators for day trading, the MACD indicator is quite accurate. Generally speaking, you can expect it to be accurate upwards of50% of the time, which is quite good as far as indicators go. You can of course improve this accuracy level if you use this indicator along with others.

The MACD Indicator – Final Thoughts

There you have it folks. You should now know all of the basics about the MACD indicator so you can start using this technical analysis tool on a regular basis. It is one of the better technical analysis tools out there, particularly in terms of trends and momentum, so we definitely recommend mastering it.

Remember folks, if you need help day trading, and what you need is a comprehensive education, particularly on Forex trading, then the best place to be is the Income Mentor Box Day Trading Academy. At this time, the IMB Academy is the most comprehensive, user friendly, effective, and affordable Forex trading school out there.  

CLICK BELOW TO JOIN INCOME MENTOR BOX AND START MAKING REAL PROFITS! 

Exponential Moving Average vs Simple Moving Average

Exponential Moving Average vs Simple Moving Average

If you are just getting into the world of trading, then one of the most important things that you need to know about our moving averages. If you don’t know what a moving average is in comparison to stock market and Forex trading, then you are going to have a big problem making money. When it comes to technical analysis, moving averages are some of the most important things that you need to know about.

With that being said, there are two different types, and these include the simple moving average and the exponential moving average. Both provide you with the same type of information, but they are quite different and quite honestly one is better than the other. Today we are here to compare the exponential moving average to the simple moving average to see exactly what they are and what the differences between them are.

Moving Average

What is a Moving Average?

OK, so a moving average is a specific type of technical analysis indicator that is commonly used in a variety of trading markets, including the stock market, Forex, cryptocurrencies and more. Now, in terms of the four different types of indicators out there which include volume, trend, volatility and momentum indicators, this is actually a type of trend indicator.

 In other words, a moving average can help you as a trader keep track of price trends for specific securities or assets.

If there is an upward trend in a moving average, it could signify an increase in the price or the momentum of a specific security and vice versa. To put it in simplest terms, a moving average will inform you of the trend of a specific security, or in other words, in which direction the price is moving, and it will also inform you of the momentum, to a certain degree.

Moving Average (MA) Explained for Traders

 

Simple Moving Average: The Basics

The first type of MA that we want to look at is the simple moving average, which as you might be able to guess by the name of it, is the simpler of the two types of moving averages. To provide you with a basic definition, the SMA calculates the average of the price within a selected range.

In other words, it takes a specific amount of closing prices of a security or asset and then divides it by the number of periods in that range. The simple moving average to put it in simplest terms, is a technical indicator that can help determine if the price of an asset will continue to rise or if it will reverse.

In other words, they can tell you if there is a bull or bear trend on the horizon. This is a very simple yet effective trend indicator that Forex traders stock market traders and cryptocurrency trader used to determine when and where to place trades.

Moving Average

How to Calculate SMA

In case you are wondering how to calculate the SMAD, this is actually done quite easily. For instance, if you are calculating the SMA of a five day. Then you would take the closing prices of all five days an add them together and then divide them by five for those five days. Take a look at the extremely simple example below for a good idea of what the SMA calculation is all about.

$8+$9+10+11+12 = $50

$50/5 = 10

Pros & Cons

Just as with any technical analysis indicator out there, that simple moving average does have a variety of benefits as well as some drawbacks too.

Pros
  • The SMA offers a very smooth line that is not prone to website up and down in response to very slight and temporary price swings.
  • The SMA is best used for longer periods of time.
Cons
  • The primary drawback of the SMA is that it is very slow to respond to rapid price changes that occur at market reversal points.
  • Because the SMA is quite slow to respond, it does not work well for short time frames.

Exponential Moving Average

The next type of MA that we want to look at is the EMA, which as you can probably tell, is the more complicated type of moving average. The EMA or exponential moving average is another type of technical chart indicator that tracks the price of an investment such as a stock, commodity or even a currency pair over a specific period of time.

Just like the SMA, the EMA is also a trend indicator that can signify in which direction or what the trend of the prices, and to a certain degree it can also indicate the momentum of a security or asset’s price.

However, the big difference here is that the EMA is a type of weighted moving average or WMA, or in other words it gives more weight or importance to the most recent prices. Due to the fact that the exponential moving average puts the most weight or importance on the most recent prices, it is therefore ideal to use for short time frames.

With that being said, the exponential moving average is a bit more accurate and useful than the simple moving average. In terms of longer timeframes, the TMA can be used for 50 day, 100 day and 200 day periods. The typical time periods used for short term trading include the 12 day and 26 day EMAs.

Moving Average

How to Calculate EMA

Now, calculating the EMA is a bit difficult, so bare with us, as we will do our best to explain this to you in the simplest possible way. Yes, this is where things can get really confusing, but with a bit of practice, you should be able to master calculating an exponential moving average.

So, to calculate the EMA, you first need to obtain the SMA for a specific period of time. For instance, if you have a 20 day time period, you need to calculate the SMA for that period, and then, on the 21st day, you can use the SMA of the previous 20 days as the first EMA for yesterday.

You must then also calculate the weighting or the smoothing factor for the EMA, which is [2 / (number of observations) +1], which in this case would be [2/(20+1)] = 0.0952.

The final step of the calculation of the EMA is EMA = closing price x multiplier + EMA of previous day x (1 – multiplier). Yes, this is of course a bit complicated, but with just a little bit of practice, you should be able to master this calculation with relative ease. Just go to some price charts and give it a shot.

Pros & Cons

Just like the simple moving average has benefits and drawbacks, so does the exponential moving average.

Pros
  • Due to the fact that the most importance is given to the most recent prices, the exponential moving average responds very quickly to recent price changes. This can be very useful to intraday traders who are trading on very short time periods.
  • The EMA is much better at calculating short term trend reversals and changes than the SMA.
Cons
  • The disadvantage of the exponential moving average is that it’s fairly vulnerable to false signals and can be whipsawed back and forth.
  • The exponential moving average is definitely not the best choice to go with for long term trading.

FAQ

  1. What is the 20 EMA?

The 20 EMA is considered to be the best moving average to use for daily charts because the price follows it very accurately during a trend. If a price is above the 20 line, it can be considered a bullish trend, and if the price is below the 20 line, it can be considered a bearish trend.

  1. Why is 200 EMA Important?

The 200 EMA is considered to be very important for the identification of long term trend and can be easily applied to any security. It’s a great indicator to use to identify reversals.

  1. What is the 21 Day Exponential Moving Average?

The 21 day EMA places a whole 9.% of importance on the most recent price, whereas by comparison, the 100 day EMA places only 1.9% weight on the most recent price. Therefore, the 21 day EMA is excellent for identifying short term trends.

  1. What is the best EMA for Day Trading?

If you are engaging in short term trading, the best EMAs to use are the 8 day and 20 day EMAs, and for long term investors, the 50 day and 200 day EMAs work really well.

  1. Which EMA is Best for Forex?

Depending on what your needs are, the most commonly used EMAs in Forex include 5, 10, 12, 20, 26, 50, 100, and 200 day time frames.  

  1. Which EMA is best for Intraday?

If you are intraday trading, then the 8 day and 20 day EMAs are usually best.

Moving Averages – Final Thoughts

You should now know everything that there is to know about both the simple moving average and the exponential moving average. Now that you know the basics about them both, as well as what they are both ideal for, you can make an informed decision as to which one to use for your next trading adventure.

 

Remember folks, if you need help day trading, and what you need is a comprehensive education, particularly on Forex trading, then the best place to be is the Income Mentor Box Day Trading Academy. At this time, the IMB Academy is the most comprehensive, user friendly, effective, and affordable Forex trading school out there.  

CLICK BELOW TO JOIN INCOME MENTOR BOX AND START MAKING REAL PROFITS! 

Triumph Scalper Trading Software Update

Triumph Scalper Trading Software Update

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If you have never tested the Triumph Scalper trading system before then, you really have no idea what you are missing out on. Now, this particular trading application for Forex has been around for quite some time now, or more than a few weeks at the least. Now in that time it has managed to make quite the impact in the trading community due to its high level of accuracy as a trading system and indicator.

triumph scalper

What we are here to do today is to take a closer look at the Triumph Scalper trading system to see exactly what it can do for you and what kind of profits it can put in your pockets. We are here to provide you with all of the most important information that you need to know about this Triumph Scalper application so you can make an informed decision as to whether or not you want to use it.

What is the Triumph Scalper App?

In case you don’t know what with Triumph Scalper software is, when it comes down to it, it’s really one of the best indicators for Forex out there at this time. Just in case you were wondering, no this is not some kind of manual forex trading platform and it’s also not a fully automated trading system either.

You do have to place trades manually on your own, but with that being said, this is an indicator that provides you with extremely profitable buy and sell signals for all major forex currency pairs. The software uses a very wide variety of highly advanced algorithms and market analysis techniques as well as trend detection in order to provide you with the best signals to trade with.

triumph scalper

Now as the name of this software implies, it is designed for scalping in Forex or in other words, it is designed to place many short term trades with small investments. Placing a lot of trades with small investments that are only open for a short period of time does help to minimize the risk of loss. And in case you do lose, you only lose a small amount.

Sure, you have to win a lot of trades for those profits to add up to something very substantial, but with that being said, the signals provided by this application are so accurate that winning trades is nearly guaranteed.

Taking the Hard Work Out of Trading

Now you might be wondering why you would want to use an app such as this Triumph Scalper system. Well, the reason for it is because you want to make profits in the world of Forex or foreign currency trading, but you don’t know what you are doing.

This type of software can help make your life easier because it more or less holds your hand throughout the entire process and takes all of the hard work out of trading. This system tells you exactly which forex pairs you need to trade with in what direction to trade, went to close those trades and more. There are even various modes that you can choose from that will automatically close the trade when an ideal profit level is reached.

triumph scalper

When it comes down to it, this particular piece of Forex trading software might just be one of the most useful and accurate ones out there. Not to mention one of the most easy to navigate and user-friendly pieces of software as well. The triumph of scalper app is the perfect system to use for newbies who really don’t know how to trade forex, but want to make consistent profits on a daily basis.

triumph scalper

Triumph Scalper Accuracy & Profitability

One of the most important parts about any kind of Forex trading system like this is of course how accurate the signals provided are and how much money you put in your pocket. As mentioned before, this software uses very advanced trend detection means and market analysis algorithms in order to provide you with the most profitable buy and sell signals to trade with. With that said, just how profitable are they?

Well, our very own Andrew tested the system out for himself and we were pleasantly surprised with the fact that these Triumph Scalper signals were accurate between 90% and 97% of the time, with the average accuracy rate being somewhere around 95%. People, this means that you can win about 9.5 out of every 10 trades that you placed with this particular application. With such a high win rate, it is nearly impossible to lose money.

In terms of Andrew’s overall profits, what is important to know is that he initially invested $10,000 into his trades. Within just four days, Andrew was able to make $7800 in profits. This translates to a return on investment of 78% in just four days, which is of course absolutely awesome. Don’t take our word for it because you can see all the evidence first hand. In the video below.

Other Important Facts

  • Beware that this Triumph Scalper app is, of course, not a standalone trading platform, but instead you need to use it with the Metatrader 4 trading platform. Remember, this is an indicator that needs to be attached to charts on the trading platform.
  • If you are wondering what time frames to use this, trying scalper system on, you want to use it on M1, M5 and M15 time frames.
  • What many trading newbies are going to appreciate here is the fact that you only need to have $100 to start trading with this application.
  • The fact that you can choose from three different risk levels as well as a custom risk mode is definitely a great thing. Newbies can choose to trade with low risk and professional traders can use high risk modes.
  • Don’t forget that this application also comes with an alert system to tell you when the best signals come out.

Triumph Scalper Update – Final Thoughts

The bottom line here is that if you need a great tool to help you trade forex profitably and consistently without much work or knowledge required, and this Triumph Scalper trading system is definitely something that you want to check out.

AXI Broker Honest Review

AXI Broker Honest Review

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If you are new to the world of trading, then something that is extremely crucial is that you have the right broker in your corner. The specific broker that we are here to talk about today is AXI. Now we do of course understand that many people are wary of using a new broker due to the fact that there are tons of scams out there. After all, there are indeed tons of scam brokers out there who want nothing more than to steal your money and are in no way shape or form licensed or regulated.

something that we can tell you right off the bat about this AXI broker is the fact that it is indeed fully licensed and regulated so you really don’t have to be worried about it being a scam. This is indeed a legit broker. The real deal.

Now, with that being said, although AXI is a legitimate broker, you may still be a bit wary due to the fact that some brokers cost a whole lot of money to use, and moreover due to the fact that some of them just aren’t very user friendly. What we are here to do today is to take a closer look at the AXI broker to find out whether or not it is the right one for you. We’re going to provide you with all of the necessary information about it, so you can then make your own informed decision.

AXI

Is AXI Legit?

Just to get this out of the way, for those of you who might be concerned that this AXI broker is a scam, there is nothing to worry about. Most important of all AXI is regulated by the FCA, the most stringent and strict regulatory body for trading out there.

The FCA reference number is 509746, something that you can go look up for yourself. Also, the company registration number for both England and Wales is 06378544, and is registered under AxiCorp Limited.

Who is AXI Made for?

In terms of whether or not this broker is right for you, the simple reality is that it can be used by trading newbies and by seasoned veterans alike. What you need to know here is that there are two types of accounts, that you can open with this broker, one of which is a retail account for newbie traders.

And for normal people as well as a professional account for professional traders who will be trading at high volumes and with large sums of money.

The fact of the matter is that you don’t need, at minimum deposit to start trading with this broker. The spreads are awesome, the leverage is flexible and add can trade in many different markets. There is also the fact that this AXI broker is extremely user friendly so you don’t have to worry about it being too complicated to use it. If you are new to the world of trading, then this is definitely a broker that we recommend.

AXI

What Can You Trade with it?

OK, so first and foremost this AXI broker is known as being one of the world’s best Forex brokers, and indeed it allows you to trade, with virtually all Forex currency pairs out there, whether they are the major currency pairs or the exotic currency pairs.

However, with that being said, 4X is not the only type of market that you can trade with when it comes to this, AXI broker. Besides Forex, this broker also allows users to trade with indices, commodities, precious metals, oil, and cryptocurrencies.

Daily Market News

To help prepare you for the day of trading ahead, the AXI broker features daily market news updates. Of course, knowing what is going on in the world around you is very important if you expect to make profits trading Forex, so don’t forget to look at the news before you begin trading on any given day.

AXI

 

Real Awards & Testimonials

What is also very telling about this AXI broker is the fact that it has received many different awards over the years, and it also has literally thousands of positive reviews and testimonials online. We do want to note that these positive reviews and testimonials come from third party sources and in no way. Were generated by the AXI Broker itself.

Just some of the awards that this broker has received over the last few years include Best MT4 Forex Broker 2019, Best Forex Broker Europe 2018, Best Forex Broker Middle East 2019. In case you want to know more about what people think of the AXI broker, go look it up on TrustPilot. Here you will find hundreds of honest reviews and testimonials about it, all from real life users.

Trading Education

What is also really neat about this AXI broker is the fact that it also comes complete with full scale trading education. So, even if you don’t know the first thing about trading, this broker will teach you everything you need to know in order to be a successful trader. Just some of the trading education that the AXI broker comes with includes a wide variety of online courses, video tutorials, Ebooks, seminars, and more. If you don’t know how to trade yet, AXI can definitely teach you how to do so profitably and confidently.

AXI

Try the Free Demo!

If you are weary of opening up a live account and trading with real money, then something that you should definitely try doing is to open up an AXI demo account. These kinds of demo accounts are fantastic for newbies because they allow you to trade on the real market, but using fake money instead of real money. This way, you can test out both the AXI broker and your own trading skills in one feel swoop, all without having to risk real money.

AXI Broker Review – The Bottom Line

The simple reality here is that if you need a good Forex, commodities, indices, and crypto broker, then AXI is worth checking out.