The indicator can be used to take advantage of this price behaviors. Usually after a price spike, the trend reverses for some time.
When price touches these lines, price spike is identified.
The shifted averages are drawn on chart as the red and green line. Firebird indicator first calculates a 10-period moving average, then shifts this moving average a certain percentage above and below the 10-period moving average. PLEASE PLEASE PLEASE: DO NOT USE REAL MONEY! AT LEAST 2 WEEK DEMOįREE HELP HERE!!!!! IF YOU FOLLOW MY ADVICE YOU WILL BE PART OF THAT 10% WINNER, email me.įirebird is an indicator to identify the price spikes in the market. Nothing that does not depend absolutely on you will give you the money you are looking for.Īnd if you do not have a strategy (made or purchased) do not even try PLEASE !!!! DO NOT BUY 10 BAD AND CHEAP METHODS, SAVE MONEY AND BUY ONLY 1 BUT EXCLUSIVE AND MUST ALLWAYS HAVE SUPPORT !!!!!ĭo not buy Signals! They never keep up with constant profits! One week will win and the next will lose. If you are lost: I RECOMMEND YOU NOT TO WASTE TIME IN YOUTUBE, JOIN PEOPLE WHO HAVE EXPERIENCE AND IF YOU ARE GOING TO BUY A METHOD. This is like any business, it requires some capital to start (capital = money in the broker + solid made /purchased strategy) If not: search to buy a solid strategy (no you tube videos pleassse ! Avoid losing money! ) Always try it first on DEMO for at least 2 weeks! If you have the knowledge to develop it, take your time and do it. PEOPLE WHO CHANGE THEIR METHOD CONSTANTLY : LOOOOSE ALWAYS. It´s very easy to get lost here: do not disperse, jumping from one to another strategy WILL NEVER give you money, it will only waste your time and make you nervous when trading. People study so many years to live on this, not because they are dumb, but to know what they do, when, and have absolute effectiveness. YOU MUST HAVE A MONEY MANAGMENT FORMULA ( you can email me) BUT THINK: for a few to win (10% + any BROKER) many others must lose (90% people). YES, IT´S TRUE YOU EARN IN TRADING, A LOT.
Many people who start arrive here with the hope that someone "gives them" a free method, they watch youtube videos thinking that this will give them the "strategy" and in a few days they realize that it does not work for them - they lose money - and then They go looking for a new one. There are going to be many people who tell you that trade is easy, that with only crossiing a line with another one you will win a lot of money. I am going to give you some tips that you must know: I am an advanced trader, with many years of experience (about 15 years - 10 living exclusively from this) In this case, the pair may continue growing towards 0.6645. However, the scenario that implies further decline may be canceled if the price breaks the cloud’s upside border and fixes above 0.6525. Another signal to confirm further descending movement is the price’s rebounding from the resistance level. The markets could indicate that the price may test the cloud’s downside border at 0.6455 and then resume moving downwards to reach 0.6315. NZDUSD is trading at 0.6447 the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. In this case, the pair may continue growing towards 0.6905. However, the scenario that implies further decline may be canceled if the price breaks the cloud’s upside border and fixes above 0.6825. Another signal to confirm further descending movement is the price’s rebounding from the descending channel’s upside border. The markets could indicate that the price may test the cloud’s downside border at 0.6765 and then resume moving downwards to reach 0.6635. I'd like to share daily forex analysis from Followme, hope this information helps your trading.ĪUDUSD is trading at 0.6761 the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency.