This forex trading system is very simple and based on trends only ,as as we know from older traders this sentence "keep it simple" ,so let us begin to understand this forex trading system .
Time frame : i prefer 4H, daily ,weekly
currency :Any except Eur/Gbp , Aud/Nzd
Entry rules
For Buy :-
we will search for the last high candles whose tails are above the other two besides tails
then we will draw a trend line with those fulcrums (the two candles tails)
we enter buy when the trend be broken and after the close of breaking candle
For sell :-
we will search for the last low candles whose tails are below the other two besides tails
then we will draw a trend line with those fulcrums (the two candles tails)
we enter sell when the trend be broken and after the close of breaking candle
Target :-
for 4H 50-100 pip
for daily 100-200 pip
for weekly 200-500 pip
Stop lose :-
in Buy : below the low of the lowest candle before breaking
in Sell : above the high of highest candle before breaking
At end i hope i could give you good strategy to trade and make more pips in your forex trading system , also you must be flexible to add any other tool you could guess to make more accurate trades with it .
have a nice trades :)
Time frame : i prefer 4H, daily ,weekly
currency :Any except Eur/Gbp , Aud/Nzd
Entry rules
For Buy :-
we will search for the last high candles whose tails are above the other two besides tails
then we will draw a trend line with those fulcrums (the two candles tails)
we enter buy when the trend be broken and after the close of breaking candle
For sell :-
we will search for the last low candles whose tails are below the other two besides tails
then we will draw a trend line with those fulcrums (the two candles tails)
we enter sell when the trend be broken and after the close of breaking candle
Target :-
for 4H 50-100 pip
for daily 100-200 pip
for weekly 200-500 pip
Stop lose :-
in Buy : below the low of the lowest candle before breaking
in Sell : above the high of highest candle before breaking
At end i hope i could give you good strategy to trade and make more pips in your forex trading system , also you must be flexible to add any other tool you could guess to make more accurate trades with it .
have a nice trades :)
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