Maybe you don’t like Forex. That’s fine! Then we will trade Fixed Time. Make money faster with more risk. And in this article, I’m going to unleash half of my secret: The unbeatable trading strategy in Fixed Time Trade:
If you don’t know what Fixed Time Trade is, please see this article: What Is Fixed Time Trade? 2 Ways To Trade Fixed Time In Olymp Trade.
Proof of withdrawing $50 every day for 4 consecutive days in Olymp Trade
Video on summarizing 4 days of withdrawal
So I made a total of $200 after 4 days. And in my account, there is still more than $300 of capital. This amount will be used for the next 16 days. I really hope to accomplish my goal of earning $1,000 in 20 days with Olymp Trade.
Articles you will need to read in the 20-article series:
How to trade Fixed Time in Olymp Trade: Trend + Signal
Here is how to trade in Olymp Trade: Trend + Signal (Trends combine with trading signals). And within the scope of this article, I will write in detail about uptrend and the Fixed Time trading signals in an uptrend.
If you do not know how to identify an uptrend when observing Japanese candle charts, please read this article again: What Is Uptrend? 3 Safest Strategies To Open An Order In An Uptrend.
And before we get into the article, let me repeat: Uptrend = UP order. Never open a DOWN order in an uptrend. This is the immutable principle in trading.
Some characteristics of Fixed Time trading in an uptrend
(i) In an uptrend, the price will increase for a long time. That means in the short term (a few minutes), the price may decrease. Therefore, it is safer to trade Fixed Time with a long expiration time.
(ii) In an uptrend, there are more green candles than red candles. Reason: The continuous increase in prices will create more green candles. Then you can trade according to the color of the candlestick. You can understand it simply as follows: When the signal appears, bet on the next green candle.
And now let’s start with some Fixed Time trading strategies in Olymp Trade
Strategy 1: Determine the uptrend and trade with long expiration times
You can understand it simply as follows: Use a 5-minute Japanese candlestick chart to analyze and forecast the market. And when you are sure that the market is in an uptrend, open an UP order with a longer expiration time. (The expiration time should be 15 minutes or more, even from 30 minutes or 1 hour).
Why is this Fixed Time trading strategy safe and effective?
The reason is simple: Uptrend means the price will increase for a long time. So, an UP order a longer expiration time offers higher accuracy.
2 important signals to open an order in Fixed Time Trade
- Signal 1: The price breaks out of the resistance and starts an uptrend.
When the price creates a long green candle, it breaks out of the resistance and goes up. You can open an UP order with an expiration time of 15 minutes.
- Signal 2: The price breaks out of the resistance and then retests.
After breaking out, the price tends to retest the resistance level just passed. You can open an UP order with an expiration time of 15 minutes.
Capital management methods with balanced investments
For fixed time trades with a long expiration time, the most appropriate capital management method is balanced trading. It means that we neither increase nor decrease the investment. But in an uptrend cycle, you should not open more than 10 orders.
Strategy 2: Trade with reversal candlestick patterns
Here’s how you can open orders in Fixed Time Trade with a short expiration time (5 minutes). But before diving in, please remember: The shorter the order is, the more risk you suffer.
The trading signal of this Fixed Time Trade strategy will be the most reliable reversal candlesticks and candlestick patterns from bearish to bullish in an uptrend.
Signal 1: Reversal candlestick patterns in an uptrend.
The 2 candlestick patterns with the highest accuracy which I would like to recommend are Morning Star and Bullish Engulfing. If the price creates these two candlesticks in an uptrend, you can open an UP order with a 5 minute expiration time.
Signal 2: Doji candlestick patterns or Bullish Pin Bar candles.
The market in an uptrend will continuously create higher peaks after peaks. There are times when the price retests the previous peak with a Doji or Bullish Pin Bar candlesticks. You can open an UP order with an expiration time of 5 minutes.
Capital management method with reduced investments
For trading with a short expiration time, the most appropriate capital management is to gradually reduce the amount of investment. You can understand it simply as follows: The more you trade, the less you invest. The reason for this is very simple: An uptrend only lasts for a certain period of time. Therefore, the higher the price, the higher the probability of a market reversal will be.
The last line
This is all just theoretical. Throughout the series of 20 articles on making money from Olymp Trade, I will constantly practice the Trend & Signal trading strategy in Fixed Time Trade.
Therefore, I urge you to firmly grasp the theories, candlesticks, and candlestick patterns that I have shared. At the same time, you can open an Olymp Trade Demo account to see if the combination of Uptrend & Singal works.
I would like to recall some principles:
- Uptrend = UP order. Never open a DOWN order in an uptrend.
- There are 2 important signals to remember: Resistance levels in an uptrend and reversal candlestick patterns from bearish to bullish.
- Trading with a long expiration time is much safer and more efficient.
- Remember: Just catch the right trend, you will earn money. Without a trend, don’t do anything.