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Olymp Trade Live Trading Session on YouTube || LiveTrading – MyLive Trading
Guys this is the live tarding session on youtube. Please watch full video and learn little bit from my experience. We made huge profit in this session.
In this video I used MACD and Bollinger strategies for technical analysis.
The strategy is to buy β or close a short position β when the MACD crosses above the zero line, and sell β or close a long position β when the MACD crosses below the zero line. This method should be used carefully, as the delayed nature means that fast, choppy markets would often see the signals issued too late
The Bollinger Bands indicator consists of the lines on the asset price chart, which limit the price dynamics above and below respectively. This is a kind of dynamic lines of support and resistance, which most of the time are placed quite far from the price.
βBollinger Bandsβ look like the envelopes of moving averages. The difference between them is that the lines of the envelopes are located above and below the moving average curve at a fixed distance expressed as a percentage. And the limits of Bollinger Bands are constructed at the distances, which are equal to a certain number of standard deviations.
Since the magnitude of the standard deviation depends on the volatility, the bandsβ width is adjusted automatically. It increases when there is an uptrend and decreases in more stable periods.
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