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simple strategy with basic indicators that can be applied to low spread currency pairs. Time frame(s 1 min charts, trading sessions: London session, US session. QQE indicator goes back below the 50-line (red) from above Open sell position. Here you can to find only most profitable robots, systems and indicators for trading without garbage. Currency pairs: Low spread (EUR/USD, USD/JPY).
Here is a simple London breakout strategy based on a variation of my BoxFibo indicator from. London, progressive Strategy thread. I simplified the indicator to place the initial entry points just between what would normally be the 27 and.2 fib extensions on both sides of the box. Here you can to find only most profitable robots, systems and indicators for trading without garbage. We offer many various discounts and coupon codes for returning customers.
We offer many various discounts and coupon codes for returning customers. 0, heres an effective trading system to trade a forex channel. Take profit: Take profit at the lower channel line (short-term resistance) or close the sell trade for 10 up to 20 pips.
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Strategy Trading Rules, buy conditions: Forex channel points up (bullish channel). Set stop-loss slightly below the most recent support level. It shows our proposed buy and sell entry points (arrows) and the profit target (20 pips). Both trades were closed for 15 pips during the US trading session. A stop-loss is placed above the most recent resistance for short trades and below the most recent support for long trades. My Chart Setup, indicators: 12 exponential moving average, 26 exponential moving average, 55 simple moving average. Results: 2 wins, 1 small loss and 1 open trade. Chart Setup, used MT4 indicators: ForexChannel (default settings QQE (default settings). Set stop-loss slightly above the most recent resistance level. Download, download the 1 Min Easy Forex Scalping Strategy for Metatrader. Short Entries: 12 EMA crosses down the 26 EMA and 55 EMA from above.