Bestforexstrategysecrets.blogspot.com > My favourite Forex strategy
hey guys mark Larson here well here's the bonus track
today I will describe a simple but very powerful strategy
that I use in my trading make sure you have some paper to write down some notes
and feel free to pause the video
if you need to now right here we go
what you need is a ball injure bans indicator which is a part up
every Metatrader many trades underestimate the power of this simple
indicator
invented by John Bollinger in the 1980s
let's apply this indicator to the and 15
15 minutes gbp/usd
pound to US dollar chart with the period up ten
the upper band is a resistance
and the lower band is a support if you pay attention to the chart
you will see that most of the time the price hit the upper band
then it retraces back to the lower band so how I trade
is very easy my way to the price touches
well let's say the lower band and closes above it
not under it and wait till the candle is formed
when it finishes and the next candle opens under the previous lower band
van I enter along trade and here's the trick that most people don't use
and that's why did they fail to use the ball in japan's indicator successfully
baby don't know when to close the trade
and therefore way to the price reaches upper band
which in most cases does not happen
let's apply moving average indicator with a period a fourteen
it is shown in red on my chart here is the trick to close the trades properly
way to the price reaches moving average line
not the upper band enclose your trade
that's it very easy the strategy works good
on such currencies like euro USD USD Canadian dollar
euro Great Britain pound US Japanese yen the strategy is sensitive to the spread
so make sure you trade on a broker which gives Ross bread
like I and FX dot com the strategy is very simple
and it always works take a look at my trades that I'm showing now
on the screen plenty of trades and
all closed in profit just make sure you don't treat
around economic news that have a great impact on the market
and you will be safe try it
and you will love it and don't forget to follow me on Twitter and Facebook
and check out my latest 4x systems reviews
here's hoping I love your trades are profitable ones
take care... My favourite Forex strategy
Best forex strategy secrets profit
By
Best forex strategy secrets profit
Best forex strategy secrets profit
Published:
2014-09-22T18:18:00-07:00
By
Best forex strategy secrets profit: My favourite Forex strategy
Best forex strategy secrets profit
Published:
2014-09-22T18:18:00-07:00
My favourite Forex strategy
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My favourite Forex strategy
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