This document provides a disclaimer stating that forex trading carries high risks and past performance does not guarantee future results. It then provides instructions for setting up indicators and moving averages on a chart for the Escalpando trading strategy. These include using RSI, Bollinger Bands, and multiple exponential and simple moving averages. It describes waiting for the indicators to signal oversold or overbought conditions and for prices to reject from the bands before taking a buy or sell trade. Contact information is provided for any additional questions.
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
0 ratings0% found this document useful (0 votes)
1K views14 pages
Escalpando III
This document provides a disclaimer stating that forex trading carries high risks and past performance does not guarantee future results. It then provides instructions for setting up indicators and moving averages on a chart for the Escalpando trading strategy. These include using RSI, Bollinger Bands, and multiple exponential and simple moving averages. It describes waiting for the indicators to signal oversold or overbought conditions and for prices to reject from the bands before taking a buy or sell trade. Contact information is provided for any additional questions.
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 14
______FUNDAMENTAL PIP LORD_______
___________DISCLAIMER______________
THIS PDF AND OTHER MATERIALS FROM FUNDAMENTAL
PIP LORD IS FOR EDUCATIONAL PURPOSE ONLY. FOREX TRADING CARRIES A HIGH LEVEL OF RISK, AND MAY NOT BE SUITABLE FOR ALL INVESTORS. PAST PERFOMANCE IS NOT INDICATIVE OF FUTURE RESULTS. THE HIGH DEGREE OF LEVERAGE CAN WORK AGAINST YOU AS WELL AS FOR YOU. BEFORE DECIDING TO INVEST IN FOREIGN EXCHANGE YOU SHOULD CAREFULLY CONSIDER YOUR INVESTMENTS ,OBJECTIVES LEVEL OF EXPERIENCE AND RISK APPETITE. THE POSSIBILITY EXISTS THAT YOU COULD SUSTAIN A LOSS OF SOME OR ALL OF YOUR MONEY AND THEFORE YOU SHOULD NOT INVEST MONEY THAT YOU CANNOT AFFORD TO LOOSE. THE ESCALPANDO 3
ON THE MAIN CHART ,
SET BOLINGER BANDS WITH PERIOD 34 , DEVIATION 1.619 APPLY TO CLOSE ON INDICATOR WINDOW 1 SET RSI WITH LEVELS 8,9,10,90,91,92 AND PERIOD 13 ADD MOVING AVERAGES 8,5,13,21,200 EXPONENTIAL WITH THE SAME COLOUR AND PIXEL 2 NOW ON INDICATOR WINDOW 1 ADD MOVING AVERAGE 2 SIMPLE AND APPLY TO PREVIOUS INDICATOR DATA , GREEN COLOUR ADD ANOTHER MOVING AVERAGE PERIOD 7 SIMPLE APPLY TO PREVOUS INDICATOR DATA RED ADD BOLINGER BANDS , PERIOD 34 DEVIATION 1.619 APPL TO FIRST INDICATOR DATA MAKE IT BLUE INSERT MOVING AVERAGE PERIOD 34 , SIMPLE and set to first indicator data
Example For buy trades
Wait for the eescalpando to be oversold and below the bolinger
bands Wait for the moving averages to be outside the bolinger bands wAit for the market to be outside the bolinger bands Once all is seen , wait for a rejection downwards and take a buy trade For sell is the opposite The above pictures shows us nice setups for a buy All requirements where met For sell is the opposite Read escalpando 2 for more knowledge on entries
For more information contact pip lord on +27766234212