Easy Fibonacci pivot point daily for double gain TP=2
If you finally decide to trade ... it will be when you are focused every day on your decisions, to enter the market.
To overcome the fear of having mistakes in a trade you must have the following concepts:
1. Study economic news every day. (web of consultation and classification)
2. Have reference fibonacci pivot points or guide pivot.
3. Have a money manager plan applied to each trade.
4. Confirm your confidence in tracking indicators.
5. Have a call to action alert.
This system is a method of supporting their decisions, eliminating part of the fear and using confirmation indicators.
FOCUS ... Focus ... focus
The system is organized to work in the following way:
Choose a parity with low spread, and that you do the daily tracking. EURUSD
The chart 15m.
1. Check the economic news of the week: https://www.forexfactory.com/calendar.php
2. With these indicators, the Fibonacci pivot point , you will be able to know your daily reference points.
3. The money manager of each trade is very important:
Strategy médium trade: Also you take the DOUBLE of the stop
(example: stop=15 TP=30).
4. Use the directional breakout indicator and confirmation of the input signal.
5. The input signal is an alert to the action of trade, taking as reference the pivot . Indicator
Finally the Price action is the reality of the possibilities of your trade, You will be able to analyze the pivots to move your stop to the entry point Break Even. Also with the action price tracking, you can decide whether to stay in the trade or exit prematurely.
Remember, it is impossible to know the future of your trade in the market. You should look for the best possibilities in favor of your trade.
Start the knowledge of the FOCUS Focus focus system in a demo account, and only under your risk and decision, a real account will allow you to overcome the fear of errors.
When you overcome the fear of mistakes and the possibilities are in your favor-- You have started the path to being a Trader .... Remember the system is just a means to analyze the market and have the possibilities in your favor in the trade.
Trading time:
Start at the opening of London
Volatility increases and 8 to 10 hours are available to have one or two signals.
Pairs:
I prefer the EURUSD low spread, you can also use other pairs for a double the stop.
Stop=1 TP=2
Example: stop =20 TP=40
Buy Entries
Looks for the pivot lines enter nearest the pivot lines, Directional Breakout green alert arrow up.
Stop below the pivot line or placed the nearest.
Take your TP a double the stop.
Stop=1 TP=2
Sell Entries
Looks for the pivot lines enter nearest the pivot lines, Directional Breakout red, alert arrow down.
Stop above the pivot line or placed the nearest.
Take your TP a double the stop.
Stop=1 TP=2
template
indicators
Thanks
more.... action
If you prefer to seek more action and have the strength in your favor, you can also be aware of other parities with the cmstrength indicator.
see post #5 indicator and template
edit 2018 ag 23: with this indicator you change parities quickly
post #6
the buy and sell alerts are complemented with the fibonacci pivot to define the stop and the TP ... remember the supports and resistances are important and are complemented with the pivot ... this is an indicator of supports and resistances
S/R LEVELS indicator post #7
edit:
Wulkar EA semiautomatic for the system
place the hidden stop
place the hidden TP
does the Break Even
You can choose the stop and the TP equally the Be
Template for the EA semiautomatic
post #10
EDIT 2018 AGO 31
To have the preferred parities open and wait for the alert this template is the simplest POST #25
If you finally decide to trade ... it will be when you are focused every day on your decisions, to enter the market.
To overcome the fear of having mistakes in a trade you must have the following concepts:
1. Study economic news every day. (web of consultation and classification)
2. Have reference fibonacci pivot points or guide pivot.
3. Have a money manager plan applied to each trade.
4. Confirm your confidence in tracking indicators.
5. Have a call to action alert.
This system is a method of supporting their decisions, eliminating part of the fear and using confirmation indicators.
FOCUS ... Focus ... focus
The system is organized to work in the following way:
Choose a parity with low spread, and that you do the daily tracking. EURUSD
The chart 15m.
1. Check the economic news of the week: https://www.forexfactory.com/calendar.php
2. With these indicators, the Fibonacci pivot point , you will be able to know your daily reference points.
3. The money manager of each trade is very important:
Strategy médium trade: Also you take the DOUBLE of the stop
(example: stop=15 TP=30).
4. Use the directional breakout indicator and confirmation of the input signal.
5. The input signal is an alert to the action of trade, taking as reference the pivot . Indicator
Finally the Price action is the reality of the possibilities of your trade, You will be able to analyze the pivots to move your stop to the entry point Break Even. Also with the action price tracking, you can decide whether to stay in the trade or exit prematurely.
Remember, it is impossible to know the future of your trade in the market. You should look for the best possibilities in favor of your trade.
Start the knowledge of the FOCUS Focus focus system in a demo account, and only under your risk and decision, a real account will allow you to overcome the fear of errors.
When you overcome the fear of mistakes and the possibilities are in your favor-- You have started the path to being a Trader .... Remember the system is just a means to analyze the market and have the possibilities in your favor in the trade.
Trading time:
Start at the opening of London
Volatility increases and 8 to 10 hours are available to have one or two signals.
Pairs:
I prefer the EURUSD low spread, you can also use other pairs for a double the stop.
Stop=1 TP=2
Example: stop =20 TP=40
Buy Entries
Looks for the pivot lines enter nearest the pivot lines, Directional Breakout green alert arrow up.
Stop below the pivot line or placed the nearest.
Take your TP a double the stop.
Stop=1 TP=2
Sell Entries
Looks for the pivot lines enter nearest the pivot lines, Directional Breakout red, alert arrow down.
Stop above the pivot line or placed the nearest.
Take your TP a double the stop.
Stop=1 TP=2
template
indicators
Thanks
more.... action
If you prefer to seek more action and have the strength in your favor, you can also be aware of other parities with the cmstrength indicator.
see post #5 indicator and template
edit 2018 ag 23: with this indicator you change parities quickly
post #6
the buy and sell alerts are complemented with the fibonacci pivot to define the stop and the TP ... remember the supports and resistances are important and are complemented with the pivot ... this is an indicator of supports and resistances
S/R LEVELS indicator post #7
edit:
Wulkar EA semiautomatic for the system
place the hidden stop
place the hidden TP
does the Break Even
You can choose the stop and the TP equally the Be
Template for the EA semiautomatic
post #10
EDIT 2018 AGO 31
To have the preferred parities open and wait for the alert this template is the simplest POST #25
Attached File(s)