Trading the Crown or trading head and shoulders

Trading the Crown or trading head and shoulder is useful when the pattern is formed as two shoulders and a head as the image illustrates

In the videos I found on YouTube is the head and shoulder pattern explained by a fellow; in the first video is the pattern explained and in the second video is the use of the head and shoulder pattern explained.

More information

More information about the head and shoulder pattern is on this link; on the link is also information about the neckline.

Trailing stop: What is a Trailing Stop?

A trailing stop is a stop loss set in a trade to prevent a loss in a trade; in my post “How easy it is to trade - Step by step - And how to minimize risk in a trade” is the figure explained; the post is divided into steps and the trailing stop is explained in step 4.

Alligator Trading

“The Alligator” indicator points out when the price is in an uptrend and when it is in a downtrend. The indicator is used in trading CFD in Forex and shares etc.
 

The price development is decided by three lines, a red, blue and green line. Briefly, the price is upward when the green line is above the other lines and downwards when the lines are reversed; the lines are illustrated in the graph.

The indicator is called “the Alligator” because the three lines represent the Alligator’s chap, teethes and lips.

The green line is the Alligator’s lip: when the Alligator is hungry it opens the mouth and starts to eat; the green line increases and the red and blue line falls; it is an indication that the price will begin to rise.

When the Alligator finished eating it closes the mouth; the green line decreases and the red and blue line rises; it is an indication that the price will begin to rise.

The lines are in more details described at this link.

Social Investment Network: Is it Possible to Make a Reliable Profit on Social Trading?

In my previous posts I have been writing about Social investment networks.

I was on YouTube and found a video about eToro and their corporation with MIT .

In the anchor text to the video is written “ eToro is proud to show our cooperation with MIT on a joint research regarding the subject of sustainable trading. Professor Alex Pentland and Dr. Yaniv Altshuler explains the goal of their ambitious research…….”

More video information about the social investement network is on my website.

CFD Trading: Forex and Shares

On my article site is a new article; the article is about CFD trading and indicator trading.

The summary is “ The mindset in this article is on trading Forex and shares in connection to CFD trading. The first part is a short description of the two market areas and the second part is trading with indicators”

Link to the article is “Trading CFD in Forex and Shares”

Trading in the Forex market: How to Set a Stop/Loss

I found a video on YouTube from the channel TradimoEN explaining how to set a Stop/Loss.

He explains the following Stop/Loss. 

·        Support and resistance

·        Trend lines and channels

·        Moving averages

·        Time based  stop losses

The video is in my blog post “Trading in the stock market: How to Set a Stop/Loss”. 

Trading in the Forex market: Trading Support and Resistance

I found a video on YouTube from the channel Informed Trades explaining how to trade support and resistance.

The fellow in the video goes through the following “support and resistance trading” methods

• Swing high/low
• What were support become resistance
• Gap fill
• Moving average
• Prior Day High/Low
• Round Numbers

The video is in my blog post “Trading in the stock market: Trading Support and Resistance”. If you are interested in Rang Trading read also the article “Range Trading”.

Forex Grid System: An Introduction

I found a video on YouTube about Grid trading; this area is difficult to understand and you might have to watch the video more than once.

The video illustrates the Grid trading system for the 100% retracement trading system and the 50% retracement trading system.

Day Trading Long or Short

On YouTube I found a fellow going through the phases in a trade; should he go short or long in a trade or should he not trade.

In the video he gives recommendation on when not to trade; some of the recommendations are around the holidays and FED announcements. In the video he gives the reason why not to trade at these times.