Hopefully just a bad period and it's gonna end in May
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Betatrader - Swing Trading System
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Originally posted by OkdaAudusd was closed at profit less than 1/4 the normal, is strategy changed now? Let the loser run and cut your profit quickly?
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Auto trading is secure but it is depend on your choosing, some really work and some can also lose your all money, from your Forex account. To know more about automatic trading you need to visit: https://sites.google.com/site/forexstartegy
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Originally posted by robertfx View Posthi betatrader, can i subscribe to your signal copy through forexsignals or simple trader? if so, how much is your monthly fee? if not, how do i subscribe to your signal?
thanks, rfx
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An easy to learn forex swing system especially designed for the hourly charts. Feel free to experiment with the indicator settings.
Chart Setup
Indicators: Moving Averages (52 SMA, 22 EMA, 9 EMA), !De_Munyuk
Preferred time frame(s): 1 Hour
Trading sessions: Any
Preferred Currency pairs: Majors, Currency Crosses
Download
Download the 1 Hour Forex Swing Trading System for Metatrader 4.
GBP/USD 1 Hour Chart
As shown in the GBP/USD chart above, we have two valid buy trading signals at respectively 1.6366 and 1.6525 exchange rate. The yellow 9 period exponential moving average back above the red 22 period exponential moving average and white 52 period simple moving average from below + green !De_Munyuk indicator dot (below the main trading chart).
Trading Rules
Buy Rules:- Criteria #1: Yellow 9 EMA back above the red 22 EMA and 52 SMA from below
- Criteria #2: !De_Munyuk indicator must be green (bullish)
Buy the currency pair and place stop-loss 5 pips below the previous swing low.
Target Method 1: Close your position at 1:2 risk-to-reward ratio. Use a trailing stop.
Target Method 2: Close your long position when the yellow EMA crosses the red EMA from above (short-term bearish).
Sell Rules:- Criteria #1: Yellow 9 EMA back below the red 22 EMA and 52 SMA from above
- Criteria #2: !De_Munyuk indicator must be red (bearish)
Sell the pair and place stop-loss 5 pips above the previous swing high level.
Target Method 1: Close your position at 1:2 risk-to-reward ratio. Use a trailing stop.
Target Method 2: Close your long position when the yellow EMA crosses the red EMA from below (short-term bullish).
Lowest Brokerage - 0.005%
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