The fact, that your Forex Trading Chart has been providing complete tools to win trading. In this method, using 4 indicators:
- Moving Average: EMA 12 to see the price movement detail close to the price, and high school for 32 as the price trend will move upwards or downwards.
- Bollinger Bands 3 and period 20 SD SD 2: to limitations of space price movement, the facts show that all forex pairs move on BB 20 range, and the price will be reversed when the candle is located in the hourly area between the BB and BB 20 SD 3 20 SD 2.
- MACD (12, 26, 9): a powerful indicator of giving judgment Additionally, when entry and exit trading, plus when to be a floating position trading. Put on the MACD Level, number: +0.90, +0.75, +0.60, +0.45; +0.30, +0.15, +0.075, 0.00, -0.075, -0.15, -0.30, -0.45, -0.60, -0.75, 0.90.
Indicators used are:
- Exponential Moving Average - EMA 12 - AQUA
- Simple Moving Average - SMA Type 32 HIGH - RED BOLD
- Simple Moving Average - SMA Type 32 CLOSE - RED DOT
- Simple Moving Average - SMA Type 32 LOW - RED BOLD
- 20 Deviation periods Bollinger Bands 3 or BW 20 SD 3 - WHITE DOTS
- 20 Deviation periods Bollinger Bands 2 or BB 20 SD 2 - WHITE DOTS
- Moving Average Convergence Divergence (MACD) standard: Fast EMA 12, Slow MACD SMA EMA 26 and 9; Apply to CLOSE.
- Ema Note 12: if ema 12 cut / cross over middle Bollinger Bands, so get ready for open-BUY. Check MACD, whether the price bars move up and over the line red.
- If ema 12 after a cross into the middle Bollinger Bands, then cross into the top 32 Low High School, then OPEN BUY
- CLOSE: Follow the trend, if ema 12 32 High school cross DOWN then CLOSE BUY.
Rule of the simple who, if you are observant, there are some opportunities for entry
Long trades (BUY):
- When Ema 12 cross into the middle BB then it could be a first direct BUY
- Currently cross middle Ema 12 BB, 32 Low High BUY second.
- Currently cross middle Ema 12 BB, 32 Low High School, High School Close 32 BUY third.
- Currently cross middle Ema 12 BB, 32 Low High School, 32 High Close, 32 High High School
To close one can buy-tiered:
- When Ema 12 cross down the middle BB Close
- When Ema cross down the middle 12 BB, 32 High High Close
- When Ema 12 BB cross down the middle, high school 32 High, High School Close Close
- When Ema 12 BB cross down the middle, high school 32 High school, high school and high school Close 32 Low Close
below the red line, a sign of downtrend siap2 open and close SELL BUY.
After the open-buy, install the SL and TP:
- Put 1 SL: 2 TP eg the SL 30 TP 60
- SL placed 10 pips below the low-to-4 candle before an open buy.
- Apply Forex Runner strategy, if the price rose 15 pips, the SL and raises TP 15 pips as well.
Rule TRADE FOR A SHORT (TF M30)
- Ema Note 12: if ema 12 cross down the middle Bollinger Bands, so get ready for open-SELL. Check the MACD, whether the price bar below the red line moves.
- If ema 12 after a cross down the middle Bollinger Bands, followed by 32 High school cross down, then OPEN SELL
- CLOSE: Follow the trend, if ema 12 32 Low High School cross the UP CLOSE SELL.
If you're observant, there are some opportunities for trade entry short (SELL) :
- When Ema 12 BB cross down the middle then it could be a first direct SELL
- When Ema 12 BB cross down the middle, high school 32 High second SELL.
- When Ema cross down the middle 12 BB, 32 High High, High 32 Close third cell.
- When Ema 12 BB cross down the middle, high school 32 High, 32 High Close, High 32 Low forth SELL.
- When Ema 12 cross BB Close-up middle
- When Ema cross up the middle 12 BB, 32 High Low Close
- When Ema cross up the middle 12 BB, 32 Low High School, High School Close Close
- When Ema cross up the middle 12 BB, 32 Low High School, high school and high school 32 High Close Close
After the open-buy, install the SL and TP:
- Put 1 SL: 2 TP eg the SL 30 TP 60
- SL placed 10 pips above the high candle-4 before the open sell.
- Apply Forex Runner strategy, if the price dropped 15 pips, the SL and TP 15 pips lower as well.
