Wednesday, September 29, 2010

Leveraging ForEx Signals

 am revealing to you a ForEx trading strategy to place trades on profitable buy or sell signals. Use the currency pair GBP / USD. Employ the 5 minute chart for length of time. Indicators can be MACD 5, 8, 9, SAR on MACD with figures of 0.1, 0.11 and SAR on the chart with figures 0.1, 0.11.
I recommend trading from Tuesday to Friday between 7.00 am to 12.00 am EST only. When two SARs match, it means that it is the equal buy or sell chances. Place your trades with 1 order [option to terminate at 5 pips] or 2 orders for longish trading. Modify stop loss when you have gone to the finish. Ensure that there is only 1 SAR dot on charts before you begin. If you observe only a dot on chart at entry, simply terminate trade at this point. Follow rules and discipline to leverage this profitable ForEx signal.
Target profit at 5 pips for the first. For the second, scalp your profit target if you see an opposite signal.
Exits: In live trading, you may see one of the SARs’ signals reversing trend while the other doesn’t signal anything. Simply continue the trade. Remember, the stop loss is at second nearest dot of SAR found in the 5 minute chart. Revise your stops for orders for every recent SAR dot till you get to the second closest SAR dot. Usually, the first SAR is a hot cake though the second holds on. Don’t alter your stop at this stage. Continue observing until the SAR regresses.
There you go! You have learnt one profitable ForEx signal. For more profitable signals, use ForEx Ambush, a trading tool that generates buy and sell signals profitably with a winning rate of 96%.

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