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Forex Modello


Forex Modella System. This is a powerful system built on the MACD and Stochastic Oscilllator Indicators, and price breaking out of previous high/ lows on the main chart and with set rules as to ensure maximum profits possible with minumal risk and precision entries. Yes, it's called the Modella system because it creates a perfect model for an efficient, easy to understand and look at system that allows you to simply, yet effectively, identify and then get in and out of a trade with minimal effort on your part. Simplicity saves you time and could make you a lot more money and, if you follow the very simple rules we have laid out here, you should find this system an ideal tool in your trading arsenal. The system is versatile and can be used on all time frames, so whether you're a scalper or a long-tern trader, the Modella system could help you find more accurate entries and more profitable trades, in less time. As with any trade we take, our goal is to use solid trade management that will ensure risk reduction and to maximize profits! When trading and making consistent conservative profits every day, and getting to keep them, is how you get to develop into a successful trader. We hope you have fun with it and of course that it helps youbecome more profitable!

Setup indicators:
MACD (16, 72, 9).

Stochastic Oscillator (36, 9, 18).

BUY (LONG) Trade Rules
1. MACD value to be higher than the signal line for at least 3 candles prior to current price/entry candle. 2. Stochastic Oscillator's fast or Blue line to be above the slow or Red line for at least 1 candle or more prior to current price. (It doesn't matter the level of the lines ie whether they are above or below the median line or 20 or 80 levels) 3. Enter the trade as soon as price breaks above previous high point. 4. Stop Loss set a few pips below the most recent swing low 5. Target or Exit set to 20 to 30 pips higher than entry point.
Forex Modell
Forex Modello Long
SELL (SHORT) Trade RulesSELL (SHORT) Trade Rules
1. MACD value to be lower than the signal line for at least 3 candles prior to current price. 2. Stochastic Oscillator's fast or Blue line to be below the slow or Red line for at least 1 candle or more prior to current price. (It doesn't matter the level of the lines ie whether they are above or below the median line or 20 or 80 levels) 3. Enter the trade as soon as price breaks below previous low point. 4. Stop Loss set a few pips above the most recent swing high 5. Target or Exit set to 20 to 30 pips higher than entry point.  
Forex Modello
Forex Modello Short
Trade Management In order to increase your profits, you can implement Trade Management, which will also ensure that you lose less than you would have without using it. To manage the trade, you shoud do the following: 1. When the price reaches 20 pips in profit, close half of your position. 2. Move the Stop Loss to break-even point (your entry level). 3. At this point you've banked some pips which are safely stored in your account. If the price reaches the target, you'll bank some more. In the event that price reverses and takes you out of a trade (by hitting your Stop Loss), you will not lose any money, since the Stop Loss is moved to your break-even point (the level of your entry), so you're in a very good position.
Forex Modello Money Management
  
Forex Modello Reviewed by learn forex trading on March 23, 2019 Rating: 5

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