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Forex Strategy “Press”

It is recommended to use the PRESS Forex Strategy on a currency pair GBP/USD with the 5-minute time range (M5). It is better to choose the Metatrader 4 for FOREX BROKER trade. Thus the graph GBPUSD (M5) must contain several Forex indicators:

  1. SMA (8), simple moving average, is set on the price graph GBPUSD;
  2. MACD indicator (5, 8, 9);
  3. P. SAR indicator (0.1, 0.11) is set on the price graph GBPUSD
  4. P. SAR indicator (0.1, 0.11) is set on the MACD graph.

It is necessary to have Parabolic_SW.mq4 for adding P. SAR in the MACD graph. Metatrader 4 template will make it easier to install Forex Indicators for this strategy.

This strategy of Forex Trading should be used during the most active ours in New York and London.

Additional Conditions:

The Forex strategy should not be traded before important news.

The compliance of the rules of MANI MANAGEMENT is the main term for the profitable Forex trading

 

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

 

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