Professional Documents
Culture Documents
Boom and Crash Double Bond Strategy
Boom and Crash Double Bond Strategy
“…all the things you pray and ask for , have faith that you have received them,
And you will have them.” Mark 11:24
KING GEORGE 11
EMAIL:- TRADINGLEGACY11@GMAIL.COM
“…when you stand praying, forgive whatever you have against anyone, so that
Your Father who is in the heavens may also forgive you your trespasses.”
Mark 11:25
Crash and Boom indices have an idiosyncratic movements. Because they are
just the stimulation of the real markets movements, which is Forex, Stock,
etc.
We are not going to use the default settings of RSI, we will change only it’s
period from 14 to 1 and it’s levels from 30 and 70 to 9,8,7 and 92, 93, 94.
2. MOVING AVERAGE
A moving average (MA) is a widely used indicator in technical analysis that
helps smooth out price action by filtering out the “noise” from random
short-term price fluctuations. I don’t Have to show you how a moving
average looks like. So now let’s go ahead and combine these indicators on
your chart.
Drag your Exponential Moving Average or EMA 5 on RSI Window.
Period set it to 5, method Exponential, that’s a moving average. And EMA
200 on the RSI window as-well. The chart will look like this below,
In blue it’s EMA 5 and in Red it’s EMA 200
As you can see from the above Chart the EMA 5 is representing price
movements, it’s emulating price movements then EMA 200 it’s providing
support and resistance.
Or if you are someone who wants a lot of indicators on your chart. You
can add EMA 5 and EMA 200 on both RSI and Main Chart. See below
With this strategy, you are going to learn one type of powerful trade called
As you can see from the above chart, it’s zoomed out showing price at a far
distance place. Hence giving us a full detailed picture of price movements.
As you can see, whenever price touches the 92,93,94 levels it drops straight
down and whenever it touches the 7,8,9 levels it goes straight up. Let’s see
below picture for Buy Orders,
And always revoke, apply your stop loss. Why? Bring to mind that the
levels are 92,93,94 and 7,8,9. These levels are not up-to 100 or 0. So
meaning that price might be very strong and would want to test
95,96,97,98,99,100 and 6,5,4,3,2,1,0 levels. So always apply your stop loss,
unless if your account is big. And another thing if you are a novice trader
always remember to use the smallest size.
So when you want to take a trade in M1, stop whatever you are thinking, and pay
attention, pay attention! When you want to take a trade in M1, always, always,
always, check if M5, if M5, if M5!, is in line with M1. Only then take a trade,
Only then, only then, only then, only then take a trade. They must be in line with
That’s M1 Chart above. you see those two positions with red lines where price is
at the bottom. Now let’s see M5 of the same chart and same price position below,
So you see how it works, if price is in line that’s a high probability trade because
that way we can be sure that, definitely, definitely price will go up, it will go up
even if a pig was to start trading, but still it will go up. Though you have to apply
stop loss always to your trades. Why? Bring to mind that the levels are 92,93,94
and 7,8,9. These levels are not up-to 100 or 0. So meaning that price might be
very strong and would want to test 95,96,97,98,99,100 and 6,5,4,3,2,1,0 levels. So
always apply your stop loss, unless if your account is big. And another thing if you
are a novice trader always remember to use the smallest size.
Always put it in mind that when M1 and M5 align with each other, the trade will
be high probability trade. This is logical to all time frames whether you are buying
or selling the instrument. It’s just the same, no need to confuse yourself folks. Just
keep things at ease and simple.
In this type of Class, the two time frames have to align, and if they don’t, then
don’t just take a trade. Sometimes, I wonder and feel frustrated why traders take a
trade when they are not seeing a setup. This brings us to the end of the strategy.
END