Trading signals manual XM
Trading signals follow a specific methodology of swing trading through price action analysis.
Signals are categorized into time frames. Each time frame acts as an independent virtual trader that
follows through the signals displayed. Multiple time frame trading can be achieved by following all
signals in all time frames for each instrument.
Signals can be used to outline possible trading scenarios and are an example of a trading
methodology executed in live market conditions. According to their own preference, traders can
decide in which time frame to trade. Lower time frames require longer hours for monitoring active
positions in the market. The lower the time frame traded, the higher the frequency of possible
trades. The higher the time frame the signal is presented in, the longer it will take for the trading
scenario to develop and conclude. Multiple time frame trading can be achieved by following all
signals across all time frames on each instrument. In each case, the execution of trading signals must
be accompanied by money management techniques in order to control active exposure.
Trading signals can also be used as a way to view an analysis of the market, identify the direction of
each time frame and see where targets are outlined, along with extreme price conditions, and
recognize trends. The trending characteristics of all time frames on a given instrument can give
traders an outlook for the state of the market and on how aligned trends are over multiple time
During signal output times, trading scenarios with entry levels prepared are outlined in the morning
and afternoon calls. Once a previously outlined signal has been activated, the next report will
continue to follow through the existing trade, managing exit levels along the way, until the trading
scenario has reached exit levels. After a trading scenario has ended, the specific time frame searches
for the next trading scenario.
Following through a specific methodology, in some cases, entry levels are formed and activated
between signal output times. In these cases, the activated signal or next opportunity to enter will be
outlined in the next report.
Each time frame acts as a separate virtual trader, however less volatile results can be achieved by
using money management to follow all signals on all time frames and on all instruments.
Each trading scenario is outlined with 2 take profit targets, where ongoing positions are closed 50%
at the first target and 50% at the second target. This can be achieved by manually closing 50% of the
position at the time the market reaches the first target or by entering 2 trade orders from the
beginning but outlining different profit targets. Both positions use the same stop-loss, and a trail of a
stop-loss towards entry level implies both stops to be moved in case both halves of the positions are…. To get the full signal manual you need to create an account here
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