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My Forex Trades
My aim is to earn consistent 10 - 20 pips per day using any simple method.
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Strategy - 4
Forex My Passion - Ashi Strategy
This is my own system. I am proud to say that it is mine. I trade WITH the trend. I aim to get at least 35 pips if I get into the trade. I am testing this from 2 weeks. It is actually getting me into the trade earlier than most others systems.
T he currency forex pairs this sy stem works with are (I tested only these pairs); * AUD/USD * EUR/USD * GBP/USD * USD/CHF
Market Hours
Markets
New York London Tok y o Sy dney Myfx book .com
opens in 4h, 36m, 11s closes in 8h, 36m, 11s closes in 1h, 36m, 11s opens in 61h, 36m, 11s
T im e Fram e: H1 & Daily Indicators: Env elopes (1 4) Heiken Ashi Smoothed_v 2 (2, 6, 3, 2) Awesome Oscillator AO (default settings with lev el 0.0) Accelerated Directional Mov ement Index (ADX) (settings period 1 4, Ty pical Price HCL/3) Lev el 22 & 44 MACD (1 2, 26, 9) (lev el 0.0)
Tokyo Sydney
$100 to $100,000
Journey to $ 100,000/Starting Balance $ 100/Click here for more details.
Ex planation I use candle stick & line charts. 1. The line chart if the price is in between env elope no trade. Price must crosses abov e / below env elop. In candle chart wait for the candle to close abov e / below env elop. 2. Heiken Ashi giv es the clear direction of trade (red for down trend and blue for uptrend) 3. Trade only if ADX is abov e 22 4. 5. 6. AO & MACD must appear abov e for uptrend & below for downtrend.
Amazon
Buy when the candle closes abov e env elop/ Sell when candle closes below env elop. SL mist be 5 pips abov e / below the swing high or swing low
Scalping Sy stem :
1.
The line chart if the price is in between env elope no trade. Price must crosses abov e / below env elop. In candle chart wait for the candle to close abov e / below env elop. 2. Heiken Ashi giv es the clear direction of trade (red for down trend and blue for uptrend) 3. Trade only if ADX is abov e 22 4. AO & MACD must appear abov e for uptrend & below for downtrend.
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Live Quotes
Sym bol EUR/USD USD/JPY GBP/USD USD/CHF EUR/JPY AUD/USD NZD/USD EUR/GBP GBP/JPY GBP/CHF
Bid 1.3045 98.91 1.5258 0.9461 129.05 0.9242 0.7799 0.8549 150.93 1.4437
Ask 1.3048 98.94 1.5261 0.9464 129.10 0.9246 0.7802 0.8552 150.99 1.4440
The Forex Quotes are Pow ered by Forexpros - The Leading Financial Portal.
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Whatever is the manual trading method, or the automated trading strategy, don't forget to test it first in demo. Also be aware that past performance is no guarantee of future results.
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