Binary options forex trading kenya

Binary Options in Kenya. Binary options trading is a good way to trade on the financial markets. Kenyans can now speculate on any asset price movements by trading binary options through a regulated international broker. Here we will explain how you can take advantage of binary options trading. What are binary options? Binary options in Kenya. The best brokers. Professional trading strategies. Trade on autopilot. Reap the rewards. What are binary options? Binary options are the easiest to understand financial instruments. They were created with the purpose of allowing anyone to trade on the financial markets regardless of educational background or financial expertise. The basic form of binary options are the "Call" and "Put" options.

A trader will buy a "Call" option when he believes the market will move up, and a "Put" option when he estimates the market will move down. The option expires after a predetermined time frame (it can be anything from 60 seconds to one week, but the most traded options have a time frame of 30 minutes or one hour). If the price of the asset increases, those who bought "Call" options will receive a payout of about 185% of the option price, resulting in a profit of 85%. To easier understand how binary options work, I will give you a simple example: A trader buys a "Call" option on the price of Brent Crude Oil when the price of Oil is 45.00 USD per barrel with a payout of 185%. He pays 100 USD for the option with an expiration of one hour. After 60 minutes, when the option expires, the price of Crude Oil has climbed to 45.25 USD per barrel (an increase of only 25 cents). Since our trader bought a "Call" option and made the correct prediction that the price of oil will increase, he will receive the option's payout which is 185 USD. In only one hour, our trader received 185 USD for the option he bought with 100 USD, resulting in a profit of 85 dollars. Not bad! As you already noticed, a binary option has several parameters: Option type - CALL or PUT (also known as UP or DOWN) Asset - it can be anything from currency pairs (EURUSD or USDJPY) to Oil, Gold or the price of Google shares. Strike price - the price of the asset at the time the option is bought.

Option payout - how much the winning option will pay (it usually varies between 180% and 185%) Option price - the amount of money paid for the option (the trader can set this value according to his trading capital - binary options can be bought from as low as 20 dollars) Expiration - how much time before the option expires (it can be 60 seconds, 15 minutes, 30 minutes, one hour, 4 hours or more) Binary options traders can customize their options by choosing the option type, the asset and the expiration. While all this may still sound complicated, you will see how easy it is when you will visit a broker's trading platform. Binary options in Kenya. Trading binary options from Kenya is easier than you may think. You only need to register an account with a binary options broker (which takes no more than five minutes) and deposit funds into your account. If you are depositing using a debit or a credit card you will have your account funded and ready to trade in just a few minutes. There are no binary options brokers located in Kenya, but fortunately for us all the major international brokers accept Kenyan clients. While there are many binary options brokers on the internet, we recommend the following brokers as they have the best reputation and are very quick when it comes to withdrawing your money: Country: Seychelles, Cyprus. Minimum Deposit: 1 USD. Minimum Deposit: 250 USD. Country: St. Vincent & The Grenadines. Minimum Deposit: 50 USD. Trading binary options on autopilot.

If you think predicting the market moves is difficult, there is still a way of trading binary options with success. Some experienced traders have developed computer algorithms that generate trading signals based on statistical indicators (this is known as technical analysis or algorithm trading). Those signals are then sent to the broker's trading platform and converted into real trades automatically, as the algorithm (also known as binary options robot) buys Call and Put options according to its trading method and calculations. There are two such robots available to the public for free: Automated Binary and Option Robot. Another advanced system for automated trading is Traders Buddy. This platform is based on the concept of crowd intelligence where people can automatically copy trades from one another and you can follow successful traders and replicate their actions. If you think trading by yourself is difficult, you should really check the above mentioned systems and see if they provide the desired results. Facebook. Forex & Binary Options Traders in Kenya & East Africa. This is the fearless girl!! be fearless when trading Forex and Binary Options! Forex & Binary Options Traders in Kenya & East Africa (-) 2 . Forex & Binary Options Traders in Kenya & East Africa. THE ULTIMATE STEPS TO TRADING OPTIONS. - Win More Trades with these 20 Options Secrets and Techniques.

What's in the STEPS? This ULTIMATE STEPS will teach you what you need to know to start putting the odds in your favor, including: 1:- Secret formulas and systems top traders use to make quick returns. 2:- The "7 habits" you need to adopt today to maximize your options trading success. 3:- The “3 deadliest mistakes” options traders consistently make and how to avoid them. 4:-Some of the most powerful… Forex & Binary Options Traders in Kenya & East Africa. Your Vision must have a plan, Your mission must have a goal. Your steps must lead you a head, Your thoughts must govern your dreams. God has given you all this power.. start today. Matthew 7:7-8 (Jesus Said:) Forex & Binary Options Traders in Kenya & East Africa. Learn, Trade, Win!

Learn, trade, Win! Win! win! Win! Your comment counts!! Kenya. Kenya may not necessarily ring a bell, but it is actually one of the fast growing emerging market economies in Africa. Kenya has made giant strides in the financial technology space in Africa and beyond, powered heavily by mobile payments giant, M-Pesa. Kenya has the distinction of having a 97% financial inclusion rate, which makes it one of the most advanced countries in Africa in that regard. How have binary options brokers been able to tap into this market? What are the attitudes and practices of Kenyan binary options traders?

Kenya does not have a locally-based binary options broker. Kenyan binary options traders ply their trade with offshore brokers. Most financial market investment within Kenya is done with the local stock exchange and government instruments such as Treasury Bills. In Kenya, the financial markets are governed by the Capital Markets Act. This law also put the power of financial market regulation and supervision with the Capital Markets Authority (CMA). In 2016, the Capital Markets Authority decided to respond to the growing trend of forex trading in the country. A study by the Standard Investment Bank of revealed that more than 50,000 Kenyans were participating in forex trading with offshore brokers. The CMA responded by setting a new set of guidelines under a proposed amendment to the Capital Markets Act, seeking to regulate the conduct of forex trading in the country. However, the CMA was silent on binary options and has remained so till date. The implication of this silence by the CMA is that that binary options trading in Kenya remains an unregulated industry, leaving locals to trade with offshore companies that offer this product.

TOP BROKERS IN KENYA. Currency Pairs & Spread. The Kenyan Shilling is not a traded currency on the global financial markets. As users of platforms of offshore brokers, Kenyans are exposed to trading several major, minor and exotic currency pairs. Without local binary options brokers in Kenya, Kenyan traders are forced to trade currency assets that they are not ordinarily familiar with. However, Kenyans will find it easier to trade commodities such as copper and gold, as these are assets that are found regionally in East Africa and nearby South Africa. It is expected that Kenyan traders would be more familiar with the fundamentals of these commodity assets and be able to trade them on offshore platforms. Kenyan binary options traders usually trade binary options on the platforms of binary options brokers located in Cyprus and other jurisdictions such as Belize, St. Vincent & Grenadines, Mauritius and Seychelles. These binary options brokers offer their clients turnkey platforms that have been developed by companies such as SpotOption, Tech Financials, O-Systems, Tradologic and Hello Binary. Kenyan traders will be given binary options bonuses by brokers located in areas where they are still valid. However, changes to the regulation regarding the issuance of bonuses by have been a game changer, as traders will not be given bonuses by Cypriot binary options brokers.

Deposit and Withdrawal Options. Kenya has an advanced fintech industry which has promoted financial inclusion. Most of this has been powered by M-Pesa, a company which provides mobile payment and digital wallet services to Kenyans, including Kenyan binary options traders. With this in mind, how do Kenyan binary options traders transact on the platforms of offshore brokers? Cards: Kenyan traders have access to cards issued by MasterCard and VISA. However, the use of these cards is not universally available to binary options traders in Kenya. Kenyan traders must therefore check with the binary options brokers where they maintain accounts to see if this option is available. Kenyan binary options traders can conduct bank wires from domiciliary accounts. This is a method that is available to binary options traders in Kenya on all binary options platforms. Digital wallets such as Skrill, Neteller and M-Pesa are also available to Kenyan binary options traders. M-Pesa is the local mobile payment solution which handles more transactions within Kenya than Western Union handles worldwide. It is possible to withdraw funds with Skrill using the account currency (US Dollars, Euros, British Pounds), and receive the payment in Kenyan Shillings. Legality & Regulations. What are the legal considerations and regulatory conditions attached to the conduct of the brokerage and trading of binary options in the Kenya?

Binary options in Kenya are presently not regulated, as they were omitted in the draft proposal to amend the Capital Markets Act. Trading of binary options is not restricted by the financial authorities in Kenya. Therefore, Kenyans an open accounts and trade with offshore binary options brokers. It is presently unclear if there are any financial controls instituted by the Kenyan Central Bank with regards to overseas remittances. Here are the frequently asked questions that most people have about trading binary options in Kenya. Answer: The trading of binary options is presently not prohibited in Kenya, making it legal to do so in Kenya. Is it safe to trade binary options in Kenya? Answer: The tendency to use bonuses among Kenyan binary options traders is an issue, as many Kenyan traders open accounts with unregulated entities offering bonuses. The issuance of bonuses as opposed to regulation seems to be the main selection criteria among traders in Kenya. While it is safe to trade binary options in Kenya, this is only the case when regulated binary options brokers are used. As a Kenyan citizen, am I allowed to trade binary options with offshore brokers? Answer: Kenyan traders can trade with offshore binary options brokers.

This is because there are no laws guiding the conduct of binary options in Kenya, which is not the case with the forex market where the CMA has come out to lay clear-cut rules and regulations. How does M-Pesa support deposits and withdrawals in Kenya with regards to binary options? Answer: M-Pesa has been integrated into Skrill. Therefore, it is now possible to deposit with, and withdraw Kenyan Shillings from your binary options broker using M-Pesa, routing this transaction through the Skrill payment system. Are Kenyan binary options traders allowed to use digital wallets? Answer: Kenyan binary options traders are allowed to deposit and withdraw funds using Skrill, Neteller, Payza and a host of other digital wallets. A popular local digital wallet is M-Pesa. Is it possible for binary options traders in Kenya to transact on binary options platforms using PayPal? Answer: PayPal does not support top binary options brokers except those in the US, Australia and UK. These are areas where there is no access for Kenyan binary options traders. Therefore, Kenyan binary options traders cannot use PayPal in depositing or withdrawing funds on their platforms. Best Binary Options Brokers in Kenya. With the absence of binary options brokers in Kenya, Kenyan traders are left with no other choice than to trade with offshore brokers, some of whom are based in Cyprus, Seychelles and Mauritius. The top binary options brokers in Kenya are as follows: It is obvious that binary options trading in Kenya is still at the rudimentary stage.

Without any regulations or laws governing binary options trading in Kenya, local traders are left with no choice than to patronize offshore brokers. Kenya has a large youthful and tech savvy population. Nearly everyone in Kenya owns a mobile phone. There is a huge potential in terms of expansion of the binary options market in Kenya. It is left to see if any offshore brokers will take up the opportunity to open shop in Kenya. The presence of a well-managed and widely distributed payment system such as M-Pesa will definitely boost binary options brokerage business in Kenya. NOTICE. BinaryTrading. org has financial relationships with some of the products and services mentioned on this website, and may be compensated if consumers choose to click on our content and purchase or sign up for the service. – U. S. Government Required Disclaimer – Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risks.

You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. This is neither a solicitation nor an offer to BuySell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results. CFTC rule 4.41 – hypothetical or simulated performance results have certain limitations. unlike an actual performance record, simulated results do not represent actual trading. also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. no representation is being made that any account will or is likely to achieve profit or losses similar to those shown. Please note: All content on this website is based on our writers and editors experiences and are not meant to accuse any broker with illegal matters.

The words Scam, blacklist, fraud, hoax, sucks, etc are used because all content on this website is written in a fictional, entertainment, satirical and exaggerated format and are therefore sometimes disconnected from reality. All readers must personally judge all content and brokers on their own merits. Additionally, visitors comments are not moderated other than the obvious link spam. People lie. Use your discernment. DISCLAIMER: Trading binary options is extremely risky and you can lose your entire investment. Only deposit and trade with money you can afford to lose. Always refer to local laws, jurisdictions and authorities before performing any action on the internet. The content on this website is NOT financial advice and by use of this site you agree to hold us 100% harmless for any loss. What is binary options in forex trading kenya. Assisting a leading binary options. 10 of about binary option. Demo account for traders to make web the it will blog kenyan. Used trading standardization of does macomb community.

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This article reports on a new survey of social attitudes and behaviors. We use representative phone survey methods to study explicit prejudice against women and. Open defecation, which is still practiced by about a billion people worldwide, is one of the most examples of how place influences health in developing. -Master Binary options & Forex Trader In KENYA. Learn, become the best from the best. Heikin Ashi Forex Trading method That’s Simple To Learn. Heikin Ashi Forex Trading method That’s Simple To Learn. Any Heikin-Ashi method is a variation of the Japanese candlesticks and are very useful when used as an overall trading method in markets such as Forex. Unlike the regular Japanese candlesticks, heikin-ashi candlesticks do a great job of filtering out the noise we see with Japanese candlesticks. They are also able to highlight the trend of the market much easier than other plotting methods.

HEIKIN ASHI VS JAPANESE CANDLESTICKS. The Heiken Ashi candlestick chart looks similar to its counterpart but the calculation of the candlestick gives it the different look. Looking at standard candlestick charts, each candlestick has four different prices: open, high, low & close. Each candlestick that is formed has no relationship except opening price (except in some cases) to the candlestick that came before it. A Heikin ashi candlestick is calculated using some information from the previous candlestick: For those who need the details, here is how each Heikin-Ashi candlestick is calculated: Open price: Heikin Ashi candlestick is the average of the open and close of the previous candlestick High price: Chosen from the one of the high, open and close price of which has the highest value. Low price: Chosen from the one of the high, open and close price which has the lowest value Close price: The average of the open, close, high and low prices. What that means is that each candlestick is formed on the heikin ashi chart is related to the previous one. The advantage of this is that, it smooths out the noise in standard Japanese candlestick patterns. You can see how “cleaner” the heikin ashi candlestick chart is compared to the usual Japanese candlestick chart. A few things to keep in mind: Because each candle relies on the previous candle for the calculation, it would be difficult for traders who trade gaps as a trading method Recent price will not be reflected in the last candle due to the averaging calculation used by the Heikin Ashi candlestick Strong buying pressure will generally not have lower shadows (wicks) Strong selling pressure will generally not have a upper shadow. You can clearly see this on the chart above. If you start to see upper wicks on down HA candles and lower wicks on up HA candles, be alert for a weakening trend. Is A Download Needed For The Heikin-Ashi Indicator?

Most charting platforms will have the option to plot price movements as a heikin-ashi candlestick. You can access that feature through your charting properties window. How Traders Can Read and Use The Heikin Ashi Candlestick. Heiken Ashi candlesticks charts are used in the same manner as a normal Japanese candlesticks. We can quickly list 3 items that will allow you to understand the power of the HA candlesticks. Monitoring the presence of upper or lower shadows as described earlier can indicate the strength of the trend. The color of the heiken ashi candlestick is supposed to indicate the overall trend direction of the market. By following the trend direction as indicated by the colors of the candlesticks, you can potentially avoid being wrong footed during whipsaw price action. In brief: Heiken Ashi candlestick chart patterns allow you to stay with the overall trend by allowing your to avoid the noise or the minor fluctuations of price that is prevalent in a standard candlestick chart! Simple Heikin-Ashi Forex Trading method (or any other market) We’ve determined the reasons why HA may be considered superior to Japanese candles so let’s take those reasons and design a trading system around them. We will use the standard pullback trading technique and use the colors of the Heikin Ashi candles as well as the shadows to help deliver our trading signals. Our chart settings can be any time frame but keep in mind that trading signals on the higher time frames may deliver more profits in the end. For our sample trading method, we will use the foll lowing: Daily Time Frame 20 EMA for monitoring pullbacks in price Trend direction as shown by the HA candles Monitor strength by using the shadows Use color shift as trade entry. In the following chart, the 20 EMA shows the major trend on this daily chart.

When we have the color shifts in the Heikin Ashi, until price patterns and 20 EMA show change of trend, we still look for shorting opportunities. Using what we know, these candles show a down trending market and given little in the way of upper shadows, we will consider this a strong trend. Green candles show up and price rallies up and over the 20 EMA right into a zone that was once support. Will it be resistance? Sell stop the low of the first red Heikin Ashi candle to appear. Price consolidates and slides sideways into the 20 EMA. This is NOT A PULLBACK TRADE! Price rejects, puts in a lower rejection, draw a bear flag, position before the break of support at first red candle Nice rally into 20 EMA and previous support zone. Large red candle. You may opt to pass on this trade due to the size of this candle. Another rally up to 20 EMA and same zone as #4. Nice short trade. Management Of These Forex Trades.

We must place our stop loss when we enter a trade and in this case, a distance above the pivots highs would be a decent spot. You don’t want it just beyond the pivot as you will be a victim of stop hunts from time to time. You can set profit targets at the pivot lows the occur before the pullbacks. You can also take advantage of one of the best things about Heikin Ashi trading and that is to use the same exit method as you do entries. You can exit your trade once the color flips. If you want a more active management during the trade, test out trailing your stop and tightening it when the presence of upper shadows (in an downtrend) show on the HA candles as this indicates weakness. Is This The Best Heikin Ashi method? I will tell you right now there is no best method however there IS a best trading method for you! Some traders may find the simple method a little too…..simple. These traders may need a little more framing of the market to aid in their trading. These traders may find the following method more to their liking. 9 exponential moving average must cross 18 exponential moving average up. Price has to extend from the EMAs (think of a rubber band). Wait to see if you a bearish heiken ashi candlestick starts forming and heading back to touch the ema lines .

If you see this happening, you should sit up and take notice because a buy setup may be just around the corner. Your actual buy signal is that bullish heiken ashi candlestick candlestick that forms after that those bearish heiken ashi candlesticks in step 3 has touched the ema line(s) Open a buy order at market. For your stop loss, place it above the low of the buy entry signal heiken ashi candlestick. For selling, just do the exact opposite of buying: 9 exponential moving average must cross 18 exponential moving average down. Price has to stretch from the ema lines. Wait to see if a bullish heiken ashi candlestick starts forming and heading back to touch the ema lines . If you see this happening, you should sit up and take notice because a sell setup may be just around the corner. Your actual sell signal is that bearish red heiken ashi candlestick candlestick that forms after that those bullish candlesticks in step 3 has touched the ema line(s) Open a sell order at market. For your stop loss, place it above the high of the sell entry signal heiken ashi candlestick. How To Set Take Profit Targets. Set your profit at set at 2 or 3 times your risk.

For example, if you risked 30 pips, then set your profit target at 60 pips or 90 pips. Another way to set profit target is to identify previous swing highs for profit target for buy orders and previous swing lows for your profit target for sell orders. But here’s the thing: you have to switch to the normal candlestick chart to do this. Note, for this trade management, you have to switch to a normal candlestick chart to do these. The best way to get more profitable pips out of a strong trend is to trail stop your trades using subsequent lower swing highs for sell trades and higher swing lows for buy trades. If your sell trade is profitable and price has moved favorably, place your trailing stop a few pips behind those consecutively decreasing tops o lower swing highs as the price moves lower. similarly, if your buy trade is profitable, place your trailing stop a few pips behind those consecutively increasing bottoms or higher swing lows as price moves higher. The reason for using the trailing stop this way is so that you give the market room to breathe and so you do not get stopped out prematurely. DISADVANTAGES OF THE HEIKEN ASHI CANDLESTICKS method. This Forex trading method works when the market is trending but when the its not trending, you may get stopped out with false setups.

You MUST have an understanding of price action and structure to avoid being chopped up in those markets. Stop loss may be large so ensure you use a proper position sizing model to place your stop. You may elect to use the Japanese candlestick chart to place your stop and then switch back to your Heikin Ashi for management. If you are interested in breakout trading systems for the 70% of the time when the market is NOT trending, the following 21 forex breakout strategies are worth checking out: Double Inside Bar Forex Trading method Traders Trick Entry Trading System Breakout Forex Trading method For GBPUSD 34 EMA With Trendline Breakout Forex Trading method Trendline Breakout Forex Trading method London Breakout Forex Trading method 20 Pips Asian Session Breakout Forex Trading method False Breakout Forex Trading method Bollinger Band Breakout Forex Trading method New York Breakout Forex Trading method Momentum Breakout Forex Trading method 30 Min ATR Breakout Forex Trading method Resistance Level Breakout Forex Trading method 1 Hr USDJPY Forex Trading method-Simple Asian Breakout Forex method Asian Session High Low Breakout Forex Trading method Support Level Breakout Forex Trading System Trendline Breakout Forex Trading method With 200 EMA Fractal Breakout Forex Trading method With MACD Indicator Trendline Breakout Trading method With Awesome Oscillator 2 Doji Candlesticks Forex Breakout method Daily High Low Forex Trading method. Please don’t forge to share, tweet or like this heiken ashi forex trading method. -Master Binary options & Forex Trader In KENYA. Learn, become the best from the best. 34 EMA Scalping With Trend Lines method. 34 EMA Scalping With Trend Lines method. Using the 34 EMA as part of a breakout trading method can point you in the direction of the trend of the market. Combined with trend lines, it can also allow you to enter trades counter trend for quick scalping opportunities . Any time you a trading counter to the 34 EMA, you are going against the longer term trend direction so you want to make sure you tightly manage your trade so you don’t get caught in the wrong direction. 34 Period EMA – exponential moving average. Ability to draw trend lines consistently.

You can use 34 EMA scalping method as a swing trading method as well but for this article, we are going scalp which generally means a smaller time frame. You can scalp larger time frames of course because scalping simply means taking quick profits as they are made available. Time Frames To Use For Scalping. Currency Pairs For Scalping. We want to make sure we are scalping Forex pairs that have robust moves to them. Slower moving currency pairs will work as they also get momentum moves, we will stick with the higher traded pairs. Of course you can try other pairs but make sure that whatever pair you use does have a decent ATR – average true range, during your trading session. Buy Scalping Setup Rules. Market is in an down trend as shown by the 34 EMA Price breaks above a downwards trend line Price breaks above the 34 EMA Look for a very bullish candlestick or chart pattern such as horizontal channel. 34 EMA Scalping With Trend Lines method. Using the 34 EMA as part of a breakout trading method can point you in the direction of the trend of the market. Combined with trend lines, it can also allow you to enter trades counter trend for quick scalping opportunities . Any time you a trading counter to the 34 EMA, you are going against the longer term trend direction so you want to make sure you tightly manage your trade so you don’t get caught in the wrong direction.

34 Period EMA – exponential moving average. Ability to draw trend lines consistently. You can use 34 EMA scalping method as a swing trading method as well but for this article, we are going scalp which generally means a smaller time frame. You can scalp larger time frames of course because scalping simply means taking quick profits as they are made available. Time Frames To Use For Scalping. Currency Pairs For Scalping. We want to make sure we are scalping Forex pairs that have robust moves to them. Slower moving currency pairs will work as they also get momentum moves, we will stick with the higher traded pairs. Of course you can try other pairs but make sure that whatever pair you use does have a decent ATR – average true range, during your trading session. Buy Scalping Setup Rules. Market is in an down trend as shown by the 34 EMA Price breaks above a downwards trend line Price breaks above the 34 EMA Look for a very bullish candlestick or chart pattern such as horizontal channel. Let’s go through this chart to see how it plays out. 34 EMA is showing that we are in a down trend on this five minute chart The trend line (inner trend line) contains price until…..

Price breaks above trend line, breaks slightly above 34 EMA and then breaks upwards. Profit Targets and Stop Loss. You can use the 34 EMA breakout candlesticks low for a stop loss and use risk multiples for a profit target. You can also target previous pivot highs for a take profit target. Whatever you choose to do, ensure you are consistent in your approach and use a rule based trading plan so your efforts are repeatable on every single trade. Sell Setup Scalping Rules. Look for the 34 EMA to show we are in an uptrend Price breaks below an upwards sloping trend line Price breaks below 34 EMA Look for a bearish candlestick or a chart pattern such as horizontal channel. I wanted to show a less than perfect scalping setup and in this example, price pulls back across the 34 EMA shortly after breaking down. 34 EMA slope shows that we are in an uptrend Inner trend line (demand line) are usually much better than extreme pivots Price has broken the EMA first and after a brief consolidation period (often a good entry location) price pushes below trend line Great example of targeting prior swings for price targets. I also want to point out the blue box on the left. Inner trend lines can often give potential backside reversals and in this case you can use a simple trend line trading method to take this trade. Simple and Repeatable Scalping method Using 34 EMA and Trend Lines. The key to any trading method is consistency. Make sure you set your trading rules down on paper and draw your trend lines in a consistent manner.

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