Wednesday, April 9, 2014

Forex Strategy Free

Forex Trading in Urdu ! Technical and fundamental analysis.Forex in urdu I just found out a very good strategy based on trend which can grab 100-200 pips per trade. originally I am not the one who create this method but i just want to share with you all because i have some difficulties in exiting the trade and maybe on entering the trades(during ranging) too but hopefully we all can sort it out to filter those false signals. Pairs Any...........Currently i use GBP/USD Time frame 30min-1hr and it may be used for scalping Indicators 9 SMA on close 100 SMA on close RVI = 100 (relative vigor index) same as Sidus' indicator. (THIS INDICATOR IS NOT NECESSARY I(the author) USE IT FOR MOMENTUM MAINLY) Method LONG - When the 9 crosses above the 100 SMA Buy and it helps if the RVI is above 0 SHORT - When the 9 crosses below the 100 SMA Sell and it helps if the RVI is below 0 (EXIT) Close your position and reverse it when the 9 crosses back or Close the position when the price crosses back over the 9 SMA by 20 pips. Additions You may generally have periods when the price may whipsaw 1 or 2 times in a row, but 80-90% of the time when the 9 crosses the 100 you will catch an awesome move.. I trade only the GBP/JPY on the 1 hour (1 to 2 trades a week) Let's get together and run this system to see how it goes. Here is an image of the system in play. I prefer the 1 HOUR CHART. You don't even need the RVI, but i use it to confirm the momentum(According to the author of this method) - See more at: Copyright Forex Trading in Urdu ! Technical and fundamental analysis.Forex in in analysis .forex urdu


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Risk Warning

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial adviser if you have any doubts.