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Trading Method. Trading systems. Forex Trading-Free forex trading signal
Forex Strategy Resources is a collection of free trading resources: trading methods, forex strategies, binary options strategies, trading systems, indicators, chart patterns, candlestick analysis, forex e-books, free online forex tools, free forex trading signals, forex forecasts. The best forex strategies. on forex strategy resources. Now about the binary options strategy. Forex strategies for all traders.
Living room • The first step of the strategy is to draw a channelbetween the high and low of the last nine bars. • The second step is to plot the Fibonacci retracement T-lines using these two layers . • When the bar closes above the 61.8% retracement level, we should enter a long trade. • We only care about execution.
exit • Sell Stop: Our positions must be closed 3 times the actual average range. • Profit target: take profit at the entry price and 3 times the average real range. • We chose to use the same risk and return values to avoid statistical error in both directions. For example, if our stop ID is very close to our target, we are more likely to trade above a winning trade.
trading time
•4 hour scheduler Trading in currency pairs • Euro/Japanese yen • British Pound/Japanese Yen • EUR/YEN • New Zealand dollar/Japanese yen
Pictured : Forex range trading system in action.
Please share your opinion, it can help everyone to understand forex strategy.
This system is designed to trade on the5-minute timeframe. so please keep that in mind
Time is everything with this system. The best time to trade this system is later.
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