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Forex Strategy «Forex Profit»

This strategy is based on two indicators - Parabolic SAR indicator and Exponential Moving Average (EMA) indicator with periods 25, 10 and 50.

User should open the deal to buy when the EMA10 (average) crosses the moving EMA50 and EMA25 (average) from the bottom up. And vise versa, when average EMA10 crosses the moving EMA50 and EMA25 from the top down - user should open the deal to sell. Parabolic Sar indicator should be below the price if trader wants to buy and on top when trader wants to sell.

The strong signal for trader to exit the deal is when sliding EMAs intersect on the chart. On this position trader can take the biggest profit. The useful instrument that trader can order is stop-loss tool. This tool can help to lock earned or stop loss at the range, which trader selected.

The above mentioned strategy can be also used to for scalping the Forex market. The best time for it is when London and New York trading starts. 

 

Trading spot currencies involves substantial risk and there is always the potential for loss. Your trading results may vary. 

 

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