Earn more than 60 pips daily strategy
Conditins for selling in this strategy :
1.yellow line cross aqua line toward selling(downward)
2.magneta color indicator under level 50
3.dots of parapolic sar present above candlesticks
4.sars' indicator signal is red for the first time frame (1 min-5min-15min)
At least
5.trend inicator signal is red for the first time frame(1min_5min_15min)
At least
6.adx signal is red for first the first time frame (1min_5min_15min)
At least
see attached image
to be continued
to be continued
any question until now ???
we will complete tomorrow
now we will discuss
Conditions for buying
1.yellow line cross aqua line toward buying
2.magneta color indicator above level 50
3.dots of parapolic sar present below candles
4. sars' indicator signal is green for the first time frame (1min_5min_15min)
At least
5.trend indicator signal is greenfor the first time frame (1min_5min_15min)
At least
6 adx signal is green for for the first time frame (1min _5min_15min)
At least
after time for the previous chance
price gone to our direction easily and hit out take profit
now i will explain how we can determine our stop loss and take profit
Targets:
We can put our profits at support –resistance- pivot line
If the support or resistance line near our enterance
It is prefere to wait until the price break it
We can also make trailing stop 15 pip
N.B
Our target must be greater than our stop
Stop loss:
1.we can put our stop loss above the first dot of parapolic sar that appear directly before
Crossing
2.or we can exit from our trade befor hitting our stop loss when a reverse crossing occur
And enter with anew trade in the direction of new crossing until we catch the rally of price
These are my chart settings.
SPEED – 21/55 EMA
MOMENTUM- 5 EMA & 8SMA
TREND- 200 EMA
VOLATILITY- 2 DEVIATIONS
OSCILLATION –
MACD- 21,55,8
STOCHASTICS-8,3,5
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Today i will discuss a strategy
I work on it for 3 years . i like it very much and i acheive daily from it nearly 100 pips
This strategy has a take profit and stop loss
But profits are greater than loses several times
Advantages of this strategy
1.you are with the trend
2.ratio between stop loss and take profit
1:2
1:3
1:4
3. this strategy work on 10 -12 currency pair
Time frame :
5 min
15 min but i prefer 5 min
Trading period :europian – america
it depend on powerful indicators to give more accurate signals
This is a chart from strategy
to be continued