Best Trading System: Forex Trading Strategy #24 FX10 5 Minutes Trading Strategies – 70-85% of profitable trading signals.
Best Trading Forex 84% Accuracy High Profitability ema Trading System & Strategy very profitable for daily trading and you can trade a day trading.
Best Forex Signal Indicator similar to a Weighted Moving Average. It is a line on the graph of the currency pair which varies depending on the direction of prices. In addition the line direction, in reversal points it changes color, thereby giving a signal to enter the market.
The Key indicators are MACD Histogram, RSI, Stochastic and Moving Averages
5 minute Chart Set-up
Description: An intra day trend following trading method, using the following indicators:
• 10 period WMA (Weighted Moving Average)
• 20 period SMA (Simple Moving Average)
• Slow Stochastic (10,6,6 (exponential))
• RSI (28)
• MACD (24/52/18 (exponential))
Rules: Only take trades between 8AM-12PM EST and/or 2AM-4AM EST. Why? click here…
BUY the exchange rate when the 10 WMA crosses up past the 20 SMA and the Stochasticis signaling up (fast line above the slow line), RSI > 50 and the MACD histogram >0 andMACD
averages crossed up.
SELL the exchange rate when the 10 WMA crosses down past the 20 SMA and the Stochastic is signaling down (fast line below slow line), RSI<50 and the MACD histogram <0 and MACD averages crossed down.
Try and take profits at or near key levels: Try and take profits at exchange rates
ending with 00, 20, 50, 80 e.g. EUR/USD 1.1980
Stop-Loss Level: discretionary
EUR/USD Buy signal and Sell signal [below]
15 Minute Chart Set-up
To set this method up with 10 minute charts, simply use the same rules above, but change
the indicator values to the following:
• 5 period WMA (Weighted Moving Average)
• 10 period SMA (Simple Moving Average)
• Slow Stochastic (5,3,3 (exponential))
• RSI (14)
• MACD (12/26/9 (exponential))
Characteristics of FX10 5 Min Forex Trading Strategy
Currency pairs: Any currency pairs
Trading Time: 8AM-12PM EST and/or 2AM-4AM EST
Timeframe: 5min & 15 min and better result H4 higher
Recommended broker: Exness
Start You First trade With Demo Account
So, when you open a demo account. And Treat it as a live account and your real money. lose money with your live account so easily? If not, then do not lose with your demo account also be careful Play the Golden Rule: Never Lose money
How do I start Forex trading?
That way you can get a feel for the process and decide if trading forex is for you. When you’re consistently making good trades on demo, then you can go live with a real forex account. Here is the deal best Forex broker EXNESS
Download Best FX10 5 Min Forex Trading Strategy
Please setup yourself the about details…