Скачать или смотреть Market Analysis using IML Web Analyzer Sheriff Strategy

Hello everyone, Being good Friday on Easter weekend and with markets in US closed there is low volume so I decided to make a video for you analyzing the market using the IML Web Analyzer Sheriff Strategy.

I know some people have had a hard time understanding his original video so I thought I would help out by using this great strategy (Thank you very much Sheriff) and analyze the market using it to help others understand how to use it and entry on a buy and a sell and how I trade and look at the markets using this strategy.

Also he trades the pairs with low spread. Those pairs are EURUSD, EURGBP, GBPUSD, USDJPY.
On his phone his settings are RSI: 7, close, Stoch: 14,3,3, BB: 20, close.

His trades are done on 15 min TF. In this video I use his settings and I go to the point in the market on the EURGBP 15M TF where he shows us his strategy.

Now on my charts I have a few other indicators. You may choose to use them on yours or you may not. That is your choice. This is just how I trade as I trade on multiple timeframes. I trade on 1min up to hourly using this strategy and my settings on my charts as you will see. I go over them and explain them in the video.

In this video I use the same settings the only difference is I have a 10 simple moving average on my RSI to help determine trend. I apply that to "Previous Indicators Data".

I also have some moving averages on my main chart for this same purpose and they also act as imaginary support and resistance as you may see. Those settings are:
5 Simple MA apply to "Close"
8 Exponential MA apply to "Open"
50 Exponential MA apply to "Close"
100 Exponential MA apply to "Close"
200 Exponential MA apply to "Close"

I also have a support and resistance indicator that will draw support and resistance for you on your charts on all timeframes. In the video I showed a setting of 15 min. Just leave the default settings as they are when you add them to your charts so they will work on all your timeframes. If you change the timeframe settings from default it will put the support and resistance on all your charts at that one timeframe and you do not want that. Just leave as is and you will be fine with the correct suppport and resistance.

You can get that indicator here: https://www.fxtradingrevolution.com/s...

I hope you all enjoy this video and it helps you.

If you are a member of IMarkets Live that is awesome. I hope you are studying, learning and practicing on your demo account.

If you are not a member of IMarkets Live and you want to learn how to do this you can go here to join.
http://myimarketslive.co/tonyhounshell


Trading Disclaimer: Trading can contain substantial risk and is not suited for every investor. An investor could potentially lose all or more than their initial investment. "Risk capital" is money that can be lost without jeopardizing ones financial security or life style. Only "risk capital" should be used for trading and only those with sufficient risk capital should consider trading. iMarketsLive is not a licensed financial adviser nor does it or give out financial advice. The user of IML products and/or services assumes full risk and responsibility for their trading activity. Past performance is not indicative of, nor does it guarantee any future results. Individual results will vary due to a variety of market and timing conditions. This video was created purely for educational purposes.

Income Disclosure: iMarketsLive or "IML" makes no representations, warranties, or guarantees that you will earn any income as an IML independent business owner (IBO). The earnings represented by rank are not necessarily representative of the typical income or profits earn from all IBOs. Success as an IML IBO requires one to be successful in retail sales, which requires hard work, diligence, and in some cases leadership skills. Your success will depend upon how effectively you utilize the tools and information presented.