tips: 1. to avoid ranging markets(whipsaw) use volume when there is high volume nodes then u better watch our 2. use adr to detect pips movement. if price moved too far or low then dont enter trade based on small arrows. 3. always watchout for support and resistance levels. dont buy/sell at resistance/support level. 4. prefer to trade when market seems to be filling market gaps 5. once u made decent profitable trades then wait for next day. dont over trade it. if u made 2-3 profitable trades per pair then trade that pair next day.
Ignored
Nice strategy.
Hedging strategy is also a nice strategy. I use it. A lot.
This system is simplified version of my own system. important: refresh the chart once big arrow appeared on last candle can be used it on major currencies.. aud, usd,nzd,gbp,eur,chf,jpy and cad.. see the screenshot.. that 28 pairs only cant be applied to anyother currency pairs,gold,oil and index BUY Rules: Always 200EMA Bands above 1000EMA Bands Buy when Big Blue arrow appears. RR 1:1 Stoploss below recent low(recent low between blue and red arrow) extra: Lime and Dark Turquoise coloured arrows are for buy signals. RR(1:1 - 1:20) use multiple trades...
This system is simplified version of my own system. important: refresh the chart once big arrow appeared on last candle can be used it on major currencies.. aud, usd,nzd,gbp,eur,chf,jpy and cad.. see the screenshot.. that 28 pairs only cant be applied to anyother currency pairs,gold,oil and index BUY Rules: Always 200EMA Bands above 1000EMA Bands Buy when Big Blue arrow appears. RR 1:1 Stoploss below recent low(recent low between blue and red arrow) extra: Lime and Dark Turquoise coloured arrows are for buy signals. RR(1:1 - 1:20) use multiple trades...
