TECHNICAL ANALYSIS BOX
HOW TO USE THE ABOVE TECHNICAL SUMMARY TOOL FOR PROFITABLE TRADING
Locate the instrument you want our technical analyse for you, By choosing the different instrument tab(Forex, Commodities, Indices, Stocks),
Then locate the instrument.
Choose the timeframe you want, depending on the kind of trader you are;
SCALPER: Can use 1Min, 5Min, 15Min.
INTRA-DAY: Can use 30Minutes, Hourly.
LONG TERM: Can use 5Hours, Daily, Weekly.
Based on recommendations, we recommend trading with the Hourly Timeframe, we think the hourly timeframe is very important to all kind of traders, except traders who leave their trades for Weeks and Months.
If you are using Mobile phone or Tablet to browse our website scroll down to the instrument which you want our system to analyse you and click on the instrument,
If you are using Laptop Or Desktop move your cursor to the instrument you want our system to analyse for you and remain on the instrument.
While you click on the instrument or your cursor is on the instrument,
Look up under the Timeframe you will see the instrument you are currently analysing,
Under the name of the instrument, you will see “Summary”
We only recommend the summary of:
Strong Buy OR Strong Sell.
Under summary, you will see “Moving Averages” and “Indicators”,
Moving Average has a Buy and Sell by the right side.
We recommend while you use the analysis that has zero(0) on the opposite side of your summary both on the moving average and indicators.
Explaining with the above image you must use Hourly Timeframe,
*You go to the Tab of the instrument you want to analyse
*Locate the instrument and scroll down to it(keeping your cursor on the instrument for those on PC), those on a Mobile device should tap on the instrument,
*Locate the check the summary, what is it saying?
*Look under summary you will see Moving averages and Indicators and beside them is written Buy and Sell,
the Buy and Sell will have a number by its side,
Because the SUMMARY is saying STONG BUY that means its a good buy market but make sure the “Sell” writeup on Moving Averages and Indicators are zero(0), but if the sell writeup has a number make sure the number is not above the number on the Buy Moving Averages and Indicators,
NOTE: it is tradeable but risky if the if the Sell writeup has a number.
it is perfect for a buy market when Sell is Zero(0).
if it was a STRONG SELL, make sure the “buy” writeup on Moving Averages and Indicators are zero(0), but if the Buy writeup has a number make sure the number is not above the number on the Sell Moving Averages and Indicators,
NOTE: it is tradeable but risky if the if the Buy writeup has a number.
it is perfect for a Sell market when Buy is Zero(0)…
Immediately you can go to your MT4 and place your TRADE, Based your the analysis you got.