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Forex Strategie 5 min
forex strategy, before leaving the important news, this strategy forex absolutely not intended for trading on the news! You should never rush to open a bargain, wait until the entry will correspond absolutely to all the above rules! The list: 5min Forex System Strong Candles, How Draw Support Resistance Line, My Rules 5 min intra-day Additional guid, My Rules 5 min intra-day Appendix A Builder SMA Angle, My Rules 5 min intra-day Basic rules and more appendix. For this Forex strategy should establish levels.2 and -0.2. By Example Figure 1, we open the deal to sell the slope of the 50 SMA. SL (6 pips spread) and TP (8-10 pips). Share your opinion, can help everyone to understand the forex strategy. There are also the indicators used.
Intraday, forex strategy for 5 - min chart
4) Set stoploss at 6 pips spread. 3) Only after these 2 listed conditions are opening a bargain. And so, in a 5-minute price chart: 1 indicator 50 Simple Moving Average (SMA 50) 2 indicator 21 Exponential Moving Average (EMA 21) 3) the 10 Exponential Moving Average (EMA 10). Will describe the rules again: 1) 50 SMA should indicate a strong trend in the market, which is evaluated by its slope (must be at least 20 degrees).
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Green label buy, red label for sale. Submit by Joy22, on this page is a list of PDF that explains how to trade in the period of 5 minutes. The entrance to the market: Open trading position as soon as the angle of SMA with a period of 50 exceeds 20 degrees (see graph number 1 and the price comes back the area between the EMA with a period of 21 and EMA with. 2) Wait until the price on the chart rollback in the area between the EMA (21) and EMA (10). 5) Move the stop-loss point zero «after a profit of at least 6 pips.