power ranger strategy - amazon web services€¢strategy concept –using the common oscillator, the...
TRANSCRIPT
![Page 1: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/1.jpg)
Power Ranger
Strategy
![Page 2: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/2.jpg)
• Strategy Concept
– Using the common oscillator, the Stochastic to
identify entry for early range trading.
• Time-frame
– H1 and above.
• Currency Pairs
– All currency pairs.
Power Ranger Strategy
![Page 3: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/3.jpg)
Power Ranger Strategy
• Indicators
– Stochastic with the following settings :
– %K period = 10
– %D period = 3
– Slowing = 3
– Price field = High/Low
– MA Method = Simple
– Levels 20 and 80
![Page 4: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/4.jpg)
Chart with the
Indicators
![Page 5: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/5.jpg)
Stochastic Level 80
Overbought
Level 20
Oversold
%K
%D
![Page 6: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/6.jpg)
Long Trade
Set-up
![Page 7: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/7.jpg)
Power Ranger Strategy
• Long Trade Set-up
1. Draw an uptrend line based on a series of
Higher Highs and Higher Lows.
2. On the Stochastic, look for %K and %D to
go below level 20 (Oversold).
3. Determine the Support and Resistance of
the range.
![Page 8: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/8.jpg)
Power Ranger Strategy
• Long Trade Set-up
4. Enter when both the %K and %D is above
20 (%K is above %D).
5. Take Profit is between 50% to 75% of the
range.
6. Stop Loss is at 1:1 risk-to-reward ratio and
lower than the Support. If Take Profit is 50
pips, Stop Loss will be 50 pips.
![Page 9: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/9.jpg)
Long Trade
Example
![Page 10: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/10.jpg)
Uptrend Line
High
Higher High
LowHigher Low
![Page 11: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/11.jpg)
Below level 20
![Page 12: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/12.jpg)
Above level 20
![Page 13: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/13.jpg)
Above level 20
Support @ 1.4377
Resistance @ 1.4487
![Page 14: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/14.jpg)
Support @ 1.4377
Resistance @ 1.4487
EP = 1.4401
![Page 15: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/15.jpg)
Support @ 1.4377
Resistance @ 1.4487
The range is 110 pips. The 75% mark is 82
pips from 1.4377 at 1.4459.
TP = 1.4459
EP = 1.4401
![Page 16: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/16.jpg)
Take Profit is 58 pips from 1.4401, Stop
Loss is also 58 pips from 1.4401 at 1.4343.
TP = 1.4459
EP = 1.4401
SL = 1.4343
![Page 17: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/17.jpg)
Trade hit Take Profit at 1.4459.
TP = 1.4459
EP = 1.4401
SL = 1.4343
![Page 18: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/18.jpg)
Short Trade
Set-up
![Page 19: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/19.jpg)
Power Ranger Strategy
• Short Trade Set-up
1. Draw a downtrend line based on a series of
Lower Highs and Lower Lows.
2. On the Stochastic, look for %K and %D to
go above level 80 (Overbought).
3. Determine the Support and Resistance of
the range.
![Page 20: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/20.jpg)
Power Ranger Strategy
• Short Trade Set-up
4. Enter when both the %K and %D is below
80 (%K is below %D).
5. Take Profit is between 50% to 75% of the
range.
6. Stop Loss is at 1:1 risk-to-reward ratio and
higher than the Resistance. If Take Profit is
50 pips, Stop Loss will be 50 pips.
![Page 21: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/21.jpg)
Short Trade
Example
![Page 22: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/22.jpg)
Downtrend Line
High
Lower High
Low
Lower Low
![Page 23: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/23.jpg)
Above level 80
![Page 24: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/24.jpg)
Below level 80
![Page 25: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/25.jpg)
Below level 80
Support @ 0.9299
Resistance @ 0.9783
![Page 26: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/26.jpg)
Support @ 0.9299
Resistance @ 0.9783
EP = 0.9621
![Page 27: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/27.jpg)
Support @ 0.9299
Resistance @ 0.9783
EP = 0.9621
The range is 484 pips. The 75% mark is 363
pips from 0.9783 at 0.9420.
TP = 0.9420
![Page 28: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/28.jpg)
EP = 0.9621
Take Profit is 201 pips from 0.9621. Stop
Loss is also 201 pips from 0.9621 at 0.9822.
TP = 0.9420
SL = 0.9822
![Page 29: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/29.jpg)
EP = 0.9621
Trade hit Take Profit at 0.9420.
TP = 0.9420
SL = 0.9822
![Page 30: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/30.jpg)
The
Challenger
![Page 31: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/31.jpg)
Long Trade
Set-up
![Page 32: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/32.jpg)
The Challenger
• Long Trade Set-up
1. After the “Power Ranger” Long trade hits
Take Profit and the price goes back to the
Support again.
2. Enter after price bounces above 10% of the
range.
3. Take Profit is 50% of the range.
![Page 33: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/33.jpg)
The Challenger
• Long Trade Set-up
4. Stop Loss is at 1:1 risk-to-reward ratio and
lower than the Support. If Take Profit is 70
pips, Stop Loss will be 70 pips.
![Page 34: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/34.jpg)
Long Trade
Example
![Page 35: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/35.jpg)
Support @ 1.4377
Resistance @ 1.4487
This was the previous “Power Ranger” Long
trade that has hit Take Profit.
![Page 36: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/36.jpg)
Support @ 1.4377
Resistance @ 1.4487
Price goes back to the Support again.
![Page 37: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/37.jpg)
Support @ 1.4377
Resistance @ 1.4487
The range is 110 pips, 10% of the range is
11 pips.
![Page 38: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/38.jpg)
Support @ 1.4377
Resistance @ 1.4487
Enter when price bounced 11 pips above
the Support, at 1.4388.
EP = 1.4388
![Page 39: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/39.jpg)
Support @ 1.4377
Resistance @ 1.4487
Take Profit is 50% of the range, which is 55
pips above 1.4377 at 1.4432.
EP = 1.4388
TP = 1.4432
![Page 40: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/40.jpg)
Take Profit is 44 pips from Entry Price.
EP = 1.4388
TP = 1.4432
![Page 41: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/41.jpg)
Stop Loss is also 44 pips below 1.4388 at
1.4344.
EP = 1.4388
TP = 1.4432
SL = 1.4344
![Page 42: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/42.jpg)
The Challenger has triumphed !
EP = 1.4388
TP = 1.4432
SL = 1.4344
![Page 43: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/43.jpg)
Short Trade
Set-up
![Page 44: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/44.jpg)
The Challenger
• Short Trade Set-up
1. After the “Power Ranger” Short trade hits
Take Profit and the price goes back to the
Resistance again.
2. Enter after price bounces below 10% of the
range.
3. Take Profit is 50% of the range.
![Page 45: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/45.jpg)
The Challenger
• Short Trade Set-up
4. Stop Loss is at 1:1 risk-to-reward ratio and
higher than the Resistance. If Take Profit is
70 pips, Stop Loss will be 70 pips.
![Page 46: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/46.jpg)
Short Trade
Example
![Page 47: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/47.jpg)
Support @ 0.9299
Resistance @ 0.9783
This was the previous “Power Ranger” Short
trade that has hit Take Profit.
![Page 48: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/48.jpg)
Support @ 0.9299
Resistance @ 0.9783
Price goes back to the Resistance again.
![Page 49: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/49.jpg)
Support @ 0.9299
Resistance @ 0.9783
The range is 484 pips, 10% of the range is
48 pips.
![Page 50: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/50.jpg)
Support @ 0.9299
Resistance @ 0.9783
Enter when price bounced 48 pips below the
Resistance, at 0.9735.
EP = 0.9735
![Page 51: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/51.jpg)
Support @ 0.9299
Resistance @ 0.9783
Take Profit is 50% of the range, which is 242
pips below 0.9783 at 0.9541.
EP = 0.9735
TP = 0.9541
![Page 52: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/52.jpg)
Take Profit is 194 pips from Entry Price.
EP = 0.9735
TP = 0.9541
![Page 53: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/53.jpg)
Stop Loss is also 194 pips above 0.9735 at
0.9929.
SL = 0.9929
EP = 0.9735
TP = 0.9541
![Page 54: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/54.jpg)
The Challenger has triumphed again !
SL = 0.9929
EP = 0.9735
TP = 0.9541
![Page 55: Power Ranger Strategy - Amazon Web Services€¢Strategy Concept –Using the common oscillator, the Stochastic to identify entry for early range trading. • Time-frame –H1 and](https://reader034.vdocuments.net/reader034/viewer/2022052608/5af2dbd27f8b9a8c30904cf3/html5/thumbnails/55.jpg)
Let’s Be
Power Rangers!