A very powerful forex trading strategy to share
This strategy can easily beat those strategies from scammed trainers.
Of course you cannot beat their fake results, but you can beat their
real results.
Indicators used: 100 days simple moving average and normal parabolic SAR
Rules for the strategy:
1) Use daily chart
2) Long entry when current price is above 100 days simple moving
average and normal parabolic SAR is below candle stick. Vice versa
for short entry.
3) Entry to be done only in the morning after previous candle is formed
(fix it at every 7am or 8am)
4) SL at 100pips and TP at 300pips for less volatility currency pairs like
audusd, eurgbp, usdcad, etc.
SL at 150pips and TP at 450 pips for those higher volatility currency
pairs like eurusd, gbpusd, eurjpy, etc.
5) Lot size to be maximum 1% of capital at stop loss level. For example,
a 5000 dollars trading account, maximum loss stands at 50 dollars per
trade and target profit at 150 dollars.
6) One trade per day. Start new trade only when existing trade has been
stop lost or target profited.
Max Poon
http://realliveforextrades.blogspot.sg/
https://www.facebook.com/groups/realliveforextrades/
This strategy can easily beat those strategies from scammed trainers.
Of course you cannot beat their fake results, but you can beat their
real results.
Indicators used: 100 days simple moving average and normal parabolic SAR
Rules for the strategy:
1) Use daily chart
2) Long entry when current price is above 100 days simple moving
average and normal parabolic SAR is below candle stick. Vice versa
for short entry.
3) Entry to be done only in the morning after previous candle is formed
(fix it at every 7am or 8am)
4) SL at 100pips and TP at 300pips for less volatility currency pairs like
audusd, eurgbp, usdcad, etc.
SL at 150pips and TP at 450 pips for those higher volatility currency
pairs like eurusd, gbpusd, eurjpy, etc.
5) Lot size to be maximum 1% of capital at stop loss level. For example,
a 5000 dollars trading account, maximum loss stands at 50 dollars per
trade and target profit at 150 dollars.
6) One trade per day. Start new trade only when existing trade has been
stop lost or target profited.
Max Poon
http://realliveforextrades.blogspot.sg/
https://www.facebook.com/groups/realliveforextrades/
