FBS is always expanding the list of trading instruments

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FBS is always expanding the list of trading instruments

Postby davidson333 » Tue Mar 28, 2017 6:07 am

https://fbs.com/news/meet-the-new-currency-pairs
FBS is always expanding the list of trading instruments - latest addition:
Turkish Lira (USDTRY), Mexican Peso (USDMXN) and Bitcoin (BTCUSD)
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davidson333
 
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Joined: Mon Apr 28, 2014 11:07 am

Re: FBS is always expanding the list of trading instruments

Postby davidson333 » Wed Mar 29, 2017 10:56 am

Turtle Soup Strategy
Today we will tell you about the trading strategy named Turtle Soup. The group of traders who called themselves Turtles used almost the same techniques for the active profit-taking.
One very successful commodity and futures trader – Linda Bradford Raschke – combined her own trading techniques and those that were used by Turtles, created a brand-new strategy and dubbed it Turtle soup.
The purpose of the strategy is to find false breakouts in the market. What is a false breakout? Imagine price breaks a certain support or resistance, but then quickly reverses not being able to advance further.
This quick price reversal is called a false breakout. Many traders hate such market’s hanky-pankies and think of false breakouts as of exceptionally dangerous zones. Turtle Soup trading strategy doesn’t teach us steering away of false breakouts, it reveals us trading techniques of how we can profit from them.
Key ingredients
Timeframe – not less M15
Rules of the game – the bullish scenario
1. Open the chart. You need the 20 last candles. This is your period of analysis.
2. Find the high and low of the chosen range and mark them with horizontal lines for clarity.
3. The minimum or maximum levels you’ve identified should be located at a distance of at least 4 days from your today’s candle.
4. After the price fall below the period’s low place, the Buy Stop order 5-10 pips above the previous 20-candle low.
5. If the order is triggered, place a Stop Loss order 1 pip below the minimum of the current candle.
6. If your position is profitable, use the trailing Stop Loss: move your Stop Loss after the price, as the price goes in your favor.
We must admit that it is a rather volatile strategy with the potential for substantial gains. Although it seems to be really easy, in practice, it’s not. Novice traders may experience some difficulties in finding false breakouts.
Try it out -> https://my.fbs.com/login
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davidson333
 
Posts: 144
Joined: Mon Apr 28, 2014 11:07 am

Re: FBS is always expanding the list of trading instruments

Postby davidson333 » Thu Mar 30, 2017 10:39 am

https://fbs.com/promo/getcar
Dreaming of a new, reliable and stylish car? Trade with FBS and get your chance to win a Mercedes GLA from FBS - because you deserve it, and we are always by your side Image
davidson333
 
Posts: 144
Joined: Mon Apr 28, 2014 11:07 am

Re: FBS is always expanding the list of trading instruments

Postby davidson333 » Fri Mar 31, 2017 6:24 am

Use the last trading day of the week AND the last trading day of the month to get MAXIMUM PROFIT with the best Forex Broker FBS!
Always By Your Side Happy Friday
https://fbs.com/trading
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davidson333
 
Posts: 144
Joined: Mon Apr 28, 2014 11:07 am


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