Forex trading+The 3 Step Rocket Booster Strategy

 Am from trying to record a video
but for some reason my voice is low
and am not sure what it is..
-
Maybe am not feeling well,
or I have a cold.
-Anyway I wanted to share with you

this forex pair USDCAD
Which is following the rocket booster

The rocket booster strategy has 3 steps:

Step#1: The price is above the 50 EMA
Step#2: The price is above the 200 EMA
Step#3: The price has to gap up

Now the price gap up, could also be a rally
or when the price is generally
at a new 52 week high.

Its at this point that the price action
finds support

At this support level is your entry opportunity
before another gap occurs in the future.

Rocket boost this content to learn more

Disclaimer: Trading is risky
please learn risk management
and profit-taking strategies.

Also feel free to use a simulation trading tool
before you trade with real money.

 

 

Forex trading+The 3 Step Rocket Booster Strategy by lubosi on TradingView.com

This #1 CandleStick Chart Pattern Is My Favourite

 Am always thinking about how to keep my spending costs
on consumer foods to low-cost

because if you have been reading about me
In these journals, you will know

that i like sweet milk but am running low on savings
and maybe am thinking about cutting on
this consumer good

found in retail shops both large and small

Look at the following economic data for this week
that is influencing this forex pair:

• Inflation rate year over year is projected to increase
• The core inflation rate is projected to remain flat
• retail sales month over month is projected to fall

Retail sales are looking like they will fall
meaning businesses in the retail space are struggling
to make profits.

This is because of the rise in inflation.
Look at this chart of USDCAD

It has my #1 favourite candlestick pattern
called the rising white soldiers

If you would like to learn more about candle
stick patterns
check out Steve Nisson’s book on candlestick charting

does this mean am a chartist?

Yes being a chartist will give you
an edge in the market but
you can also hang on to trend analysis

such as the rocket booster strategy
if you would like to learn more

about the rocket booster strategy
check out the references below.

Rocket boost this content to learn more

Trade safe.

Disclaimer: Trading is risky please learn risk
management and profit
taking strategies
because you will lose money whether you like it or not,

 

 

This #1 CandleStick Chart Pattern Is My Favourite by lubosi on TradingView.com