FOREX STRATEGY Profit
Forex Strategy Forex Profit
Strategy Forex Forex Profit (Forex Profit System Forex Strategy and FPS ) based on 2 kinds of forex technical indicators that indicate where to enter the bargain and get out of it - it indicator Parabolic SAR and exponential moving averages - Exponential Moving Average with periods of 10, 25 and 50 .
For example, you can see a screenshot of the graph, set up under the trade on the forex strategy Forex Profit . Exponential Moving Average EMA 10 is colored purple , the average EMA 25 - painted dark yellow , a moving average EMA 50 - painted in blue . Parabolic SAR (with standard parameters) based on the graph as dots above and below rasspolozhennyh price chart.
conclusion of the transaction on the forex strategy Forex Profit:
indicators forex strategy, FPS will show you that it is necessary to conclude the bargain, as average EMA 10 crosses the moving average EMA 25 and EMA 50 . If the average EMA 10 crosses the moving average EMA 25 and EMA 50 from the bottom up, it is necessary to make a deal to buy . If the average EMA 10 average crosses EMA 25 and EMA 50 from the top down, you make a deal to sell . Just make sure that the Parabolic SAR (PSAR) is located below the prices as soon as you sign a deal to buy, and on top - as soon as you open the bargain on sale.
Looking at the example above, on 15 October was a great opportunity okryt deal to buy the currency pair USDCHF, which is marked with a circle and signed by the "Enter". Note how the exponential moving average EMA 10 crossed EMA Moving Average EMA 25 and 50, and the Parabolic SAR indicator was below the price.
If you prefer to trade hour intervals , as shown in the example, previously, make sure that 15-minute chart is the Parabolic SAR indicator in the same way on relative to the price , as well as on the hourly chart. Never trade against the 15-minute Parabolic SAR!
out of the deal, forex strategy "Forex Profit":
best signal to exit the transaction is crossing back down the 3-sliding EMA on the chart. Take a look, as in our above example, the dark blue moving average - actual price of the currency pair USDCHF - crossed below all three moving average in place, circled and labeled labeled "Exit" - a way out. If you vyerzhali this trading position for the whole week - you could get from the market 275 points profit.
Install safety stop-loss:
No matter what your opened an account in forex : Cent, micro, mini or standard - you always have to trade trade with a stop-loss orders !
When trading forex strategy at FPS you must set your stop-loss on the open trading positions immediately below the moving average EMA 50 . As soon as your trading position trading in the right direction, you need to move accordingly to the price and your stop-loss (the best option for this is the trailing stop, including a trailing stop of 1 point ). And if your trading position moves against you, stop-loss order will lock your earned income. It is important that when the price crosses the moving 10, 25 and 50 EMA, your trading position has been closed .
Let's look at an example of how forex strategy "Forex Profit" is working on a 15-minute chart :
Trading Strategy FPS on a 15-minute intervals is more variable, but it will give you most number of transactions within one trading day . In the example above, the higher you could make a deal to sell USDCHF currency pair at the price of 1.5060 and close a trading position at a price of 1.5000 with a profit of 60 points.
One important caution when trading in the range M15: sometimes it happens that the price on the chart draws "Saw" up and down through the mid-EMA: 10, 25 and 50. If this situation happens shortly after you have entered the market - close a trading position and wait until the moving averages do not disperse, and the indicator Forex Parabolic SAR will not give a strong trading signal .
Short-term "scalp" on the 1-minute chart:
In the first example, we carried out trade with technical indicators on the hourly interval, which by definition is called "swing treydinom" (Swing Trading) - transaction usually takes at this trade for several trading days, and sometimes even a few weeks.
In the second example, let's consider a 15-minute price charts, which usually trade day trader, holding a trading position within a single day.
Scalping is also trading in the forex when you use for transactions 1-5-minute price charts for small profits - "scalp." In such cases normally keep a bargain from a few minutes to one hour.
You can also use forex strategy FPS for scalping the forex market on a 1-minute chart. Here is how to deal with this trade:
1. Instead of moving averages of 10, 25, 50 EMA, as we did above, place the chart Exponential Moving Average EMA with periods of 25, 50 and 100 .
2. Often the best time for scalping market is the opening of trading in London (11:00 GMT priblezitelno) or trading in New York (priblezitelno 16:00 Moscow Time) as at this point currency pairs begin to move in a certain direction.
3. Once the price crosses all three moving averages, you make your bargain, long or short. If the price on the chart goes down 100 EMA, enclose a short deal , if the price graph crosses the 100 EMA up - make a long trade .
4. Make sure that the deal is profitable and you have 5-10 points profit. should not try very long to keep a winning trade position , because price tends to revert back and you may lose your profit. Take 5-10 points of profit when you can. Here is an example for a 1-minute chart:
Note that at 10:30 (on the chart while EST - it's 18:30 GMT), you would enter into a long trading position on the currency pair USDJPY (great circle), once the price has crossed 100 EMA average up, and at 10:45 you could close your open position (small circle) and take their 10-point profit. After that the price has crossed the average down 100 EMA at 11:30 EST. You could make a deal to sell yen (large circle) and ten minutes later to close another 10 pips (small circle).