Blueball Trading System by Daniel Stein
Blueball Trading System by Daniel Stein.
Blueball Trading System – consists of three trading tools Analyzer PRO, Lighthouse, Powerplay. Use them when you exit fundamental news, for that would get the deal only a high probability of profit.
Location Tool on the chart.
The most important question: Where larger price movement may occur?
So the first thing we should check is the importance of economic events, it should be of medium or high http://www.forexfactory.com/calendar.php
After the release of the news we are waiting for about 3-5 minutes to as long as the price will find its direction and normalized spreads.
The first thing we look at the evidence Analyzer PRO and as a result of the news, we see the strong Euro (Euro 6.5) or weak Euro (EUR 2.5). Next we look for the currency with the largest difference to the Euro. For example, the euro is weak (2.1) and the NZD is strong (8.7), then we check EURNZD Diagram possible to sell a record. Calculate the difference between the two currencies 8.7 – 2.1 = 6.6
Now we need to check whether Powerplay same direction and results Analyzer PRO: – buy and a strong currency or – sell and weak currency.
In our example, Powerplay direction from the M1 – H1 sell.
Now we have to check the Lighthouse then, that the price is not important about SR level, where it can bounce back. There should be at least not less than about 10 SR points to the next level SR.
If all checks are successful, and we are seeing a clear shift, we can enter a short trade and use PowerPlay trailing stop based on the M15 or M30.
Output: That depends on you, or if you want to catch all traffic or go to the next level, or SR to close the deal on the sale, if the calculated difference between the involved currencies is lower than 1.0
If you have any further questions, please send them by e-mail to Daniel firstname.lastname@example.org
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