40 pips a day is a daily forex strategy
very simple but it's very impressive. This is an trend momentum
trading system.
Currency pairs: EUR/USD, GBP/USD,
AUD/USD, USD/CHF, USD/CAD, EUR/JPY, GBP/JPY, AUD/JPY, NZD/USD,
GBP/NZD, USD/JPY, and other.
Financial technical indicators:
RSI (Relative Strength Index) 5
periods;
Exponential moving average 5 ema
(High);
Exponential moving average 5 ema (Low);
CCI (Commodity Channel Index (11 period
level 90, -90).
Enter the trade only after the
signaling candle is closed.
Buy
RSI must be over 50 level.
CCI must be over 90 level.
Buy when the price broken and close
above the upper band (5EMA high).
Sell
RSI must be less 50 level.
CCI must be over -90 level.
CCI must be over -90 level.
Sell when the price broken and close
below the lower band (5EMA low).
Profit Target 40 pips.
Initial Stop loss:
for buy the low of the entry bar;
for sell the hih of the entry bar.
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| 40 pips a day |
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