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 – american it depend on powerful indicators to give more accurate signals This is a chart from strategy to be continued
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
Let us see some of the opportunities on sell : in this chance crossing occur and all indicator confirmed this chance
Why post Long term Day Trades, why even bother and why bother helping people who want to scalp, forget it!
yeah but at least he's got those really cool hand graphics, and that dragon-chart is superb eye candy