W.G. Hill Books, Underground Knowledge, Offshore Banking and Investing
Page: 8 Things to Know about Blade Runner Trading Strategy

Eight Things to Remember When Using
the Blade Runner Trading Strategy

One of the most reliable techniques to spot the best entry points

For the advanced trader in the foreign exchange market, the Blade Runner Trading Strategy, as a price action analysis strategy, is one of the most reliable techniques of spotting the best entry points in a trade. Since it does not require the use of off-chart technical indicators including MACD and the Stochastic Oscillator, implementation can be easy. However, if you are inexperienced, you need to be careful as it can be challenging, too.

../images/Trading-in-currencies.jpg
The Blade Runner Trading Strategy is one of the most reliable techniques used by traders
to spot the best entry points.  (Image by Freeimages.com)

What to remember:

The Blade Runner Trading Strategy is an effective forex trading strategy. It has been praised as one of the best forex trading strategies available. Here are the eight important points to remember when using it.

1. Is the price trending?
Prior to using it, make sure that the price is trending; it is important for the price levels to be able to break apart before an entry point is established.

2. Consider the direction of the current trend
It is vital for a trader to use it and considering the direction of the current trend; doing so allows almost effortless analysis of the EMA.

3. Spot at least two indicators
Using it can be simple. Upon entering a trade, the technique is to spot at least two indicators that can determine similar price levels.

4. Focus on the price levels
Since the generated signals are based purely on price action, convincing predictions can be made by merely focusing on price levels.

5. Use other analysis tools to make it more effective
It is an effective independent trading strategy. However, when used together with other technical analysis tools such as Fibonacci levels, Japanese candlesticks, pivot points, resistance and support levels, and round numbers, it becomes at least twice as effective.

6. Tune out from watching financial announcements
Since the activity can influence the decision to place a trade, advanced traders suggest that watching major news should be put off. As their experience tells them, tuning in to financial announcements about the forex market can impact their mental state during a trade; letting at least an hour pass may be best.

7. Use it with your preferred on-chart indicators
Many advanced traders recommend using it with the (Estimated Moving Average) EMA, Bollinger Bands, and other preferred on-chart indicators. According to them, doing so enables them to trade successful anytime of the day, instead of limiting winning positions only at a particular period.

8. Set price levels along or above the Estimated Moving Average
For re-tests, make sure to set price levels along or above the EMA. Otherwise, they cannot provide a dependable result. If they are below the EMA, however, it is best if they remain in that position. Rather than let them move upward or downward, waiting for the right market condition to influence the action is advised.

Content Credit: http://www.mtrading.ph/education/

  Forex Trading Strategies Explained
../images/Forex-trading-courses-120.jpg
Forex Trading Courses
../images/Automated-trading-chart-120.jpg
Automated Trading System
../images/Checking-market-charts-120.jpg
Basic Tools for Trading
../images/Trading-world-currencies-120.jpg
Best Forex Books for Beginners
../images/TorOption-binary-trades-120.jpg
Binary Options Straddle
../images/Bollinger-Bands-chart-120.jpg
Binary Options Strategies
../images/Trading-in-currencies-120.jpg
The Blade Runner Trading Strategy
../images/Market-trends-120.jpg
The Camarilla Equation
../images/Monitoring-price-movements-120.jpg
Day Trading vs Swing Trading
../images/Trading-strategy-120.jpg
Elders Force Index Strategy
../images/Computer-operating-systems-120.jpg
Forex Trading Platforms
../images/Bearish-and-bullish-120.jpg
The Gartley Pattern
../images/Investment-brokers-120.jpg
Finding Forex Broker
../images/Reading-business-news-120.jpg
Forex Fundamental News
../images/Currency-exchange-120.jpg
Forex Market in Currencies
../images/Market-chart-120.jpg
Forex Markets Trading
../images/Forex-trading-charts-120.jpg
Forex Trading Account
../images/Financial-books-and-charts-120.jpg
Forex Trading Beginner Tips
../images/Global-trade-graph-120.jpg
Forex Trading Explained
../images/Forex-trading-currencies-120.jpg
Forex Trading Worldwide
../images/Trading-currencies-120.jpg
International Currency Trading
../images/Forex-trading-chart-120.jpg
Most Profitable Forex Indicator
../images/Forex-trading-software-120.jpg
Picking Forex Software
../images/Forex-wave-chart-120.jpg
Retracement Levels
../images/38.2-buying-opportunities-120.jpg
The 38.2% Retracement Level
../images/Stochastic-divergence-chart-120.jpg
Stochastic Oscillator in Forex
../images/Currency-exchange-rates-120.jpg
STP / ECN Trading Model
../images/Resistance-and-support-120.jpg
Support and Resistance Forex
../images/Hard-currencies-120.jpg
Safe Haven Currencies
../images/Successful-forex-projections-120.jpg
Successful Trader Traits

Home
BBBB
   Bye Bye Big Brother Black Book
   Bye Bye Big Brother CD ROM
   Bye Bye Big Brother Package
   Citizenship Residency Requirements
   Confidential Communication for PTs
   Paper PT An Important Concept
   What Is PT All About
PT
   The American Expatriation Guide
   Become an Honorary Diplomat
   Brazil and Paraguay Confidential
   Campione Confidential
   ESCAPE by Grandpa
   Instant Legal Residence Abroad
   The Invisible Investor
   Latvia Confidential
   The Monaco Report
   Panama Confidential
   Perpetual Traveler
   PT4 Grandpas Special Collection
   Portable Trades and Occupations
   The Second Passport Report
   Think Like a Tycoon
   WG Hill PT Collection
Bye Bye Big Brother
BBBB Free Chapter
Investing
   Basics of Investing Your Money
   Collectibles Worth Investing In
   Cryptocurrency Business Ideas
   Guide to Investing in Debt Funds
   Investing in Penny Stocks
   Investment in UK After Brexit
   Investment Options for Beginners
   Investment Trends to Watch
   Investor Protection for Expats
   Low Risk High Return Investments
   Non-Dom Reforms for British Expats
   Overseas Family Led Investments
   Price of Crude Oil and Stock Market
   Protecting Investments in Bankruptcy
Finances
   All About Commercial Lending
   Bankruptcy As A Solution
   Banks Don't Need Your Money
   Basics of Business Branding
   Blockchain Impact on Business
   Business Cloud Software
   Business Financing Sources
   Divorce and Finances Abroad
   Fund Your Small Business
   Hire Business Plan Consultant
   Learn About Finance Online
   Manage Business While Travelling
   Solve Cash Flow Problems
Forex
   Forex Trading Courses
   Automated Trading System
   Use Basic Tools for Trading
   Best Forex Books for Beginners
   Binary Options Straddle Trades
   Binary Options Strategies
   Blade Runner Trading Strategy
   The Camarilla Equation Formula
   Day Trading vs Swing Trading
   Elders Force Index Strategy
   Top Forex Trading Platforms
   The Gartley Pattern Chart
   Finding Good Forex Broker
   Forex Fundamental News
   Forex Market in Currencies
   Forex Markets Trading
   Forex Trading Account
   Forex Trading Beginner Tips
   Forex Trading Explained
   Forex Trading Worldwide
   International Currency Trading
   Most Profitable Forex Indicator
   Picking Right Forex Software
   Retracement Levels in Flats
   The 38.2 Retracement Level
   Stochastic Oscillator in Forex
   STP ECN Trading Model
   Support and Resistance Forex
   Safe Haven Currencies
   Successful Trader Traits
Offshore
   5 Benefits of Antigua Passport
   Costa Rica Offshore Corporation
   Dubai Offshore Banking
   Offshore Outsourcing Tips
   Stress Factors of Expatriates
Property
   The 10 New Bali Project
   Hottest Real Estate Markets
   Real Estate Investment Online
   Return on Property Investment
   Smart Real Estate Investments
   Technology and Real Estate
   Ways to Invest in Real Estate
Wine
   Business of Investing in Wines
   Fine Wine as Loan Collateral
   Investing in Wine in Australia
   Start Wine Trading Business
Expat
   BBBB Abridged Book
   The Gold Report
   Offshore Banking Guide
   Offshore Road to Riches
   PT2 The Practice
   VIP Divorce Kit
IWL
   The Invisible World
   Invisible Banking
   High Yield Investments
   High Yield Investments 2
   Future Wealth
   Financial Crisis
   The Offshore Investment Guide
Underground
   Underground Knowledge 1
   Underground Knowledge 2
   Underground Knowledge 3
   Underground Knowledge 4
   Scams and Fraud
Money
   Alan Greenspan's Housing Bubble
   America's Oversized Deficits
   April Job Losses the Lowest
   Bank of America Bonus Payments
   Bank Stress Test Results
   Banks Stress Tests Flawed
   Bank Stress Tests Questions
   Banks Financial Trickery
   Canadian Oil Companies
   Card Issuers Meet Obama
   China Detroit's Lifeline
   China Taiwan Investment Accords
   China's Yuan Carry Trade
   Ciena Corp Recommendation
   Credit Default Swaps
   Elliott Wave Disciple
   General Motors Savior
   How to Buy Banks
   India's Slow Growth
   Japan's Lost Decade
   Long-Short Investing Strategies
   Money Morning Bank Stress Test
   Oil Prices Could Jump
   Russia and China Energy Deals
   Russian Economic Model
   Small Caps Proven Profitability
   Solar Energy Comeback
   Sustained Economic Recovery
   World's Reserve Currency
Articles
   Online Transactions Survey Findings
   Millionaire Mindset Charateristics
   Real Estate Investing in Panama
   Strategies for Achieving Success
Seminars
   New Orleans 2015
   Casey Summit 2015
   Antigua Conference
   Recipes for Success
   Cancun Seminar
   Panama Seminar
Newsletter
Quotes
Updates
About
Contact
Links