Time Frame 1min , 5min.
Currency Pairs: EUR/USD, GBP/USD, AUD/USD, EUR/JPY, GPB/JPY
Indicators:
Double CCI 170
CCI 34
RSI 14
Long Trade
The condition is CCI34>CC170.
RSI over 55 <------ VERY IMPORTANT dont enter if its in between the 45-55 zone (45-55) IS DANGER DO NOT ENTER ZONE once it crosses in the same direction take the trade.
Short Trade
**VERY IMPORTANT**
NEVER TRADE AGAINST THE 5 MIN TREND, IF ITS TRENDING DOWN AND ITS GIVING YOU AN UP SIGNAL DONT TAKE IT ITS A RETRACEMENT WHEN IT COMES DOWN AGAIN TAKE THE SIGNAL. LOOK FOR LOWER LOWS AND HIGHER HIGHS...
Stop loss on previous swing.
Profit Target: 5-15 pips AUD/USD 9 pips, EUR/USD 12 pips GBP/USD, GBP/JPY, EUR/JPY, 15 pips.
Share your opinion, can help everyone to understand the forex strategy.
Комментариев нет:
Отправить комментарий