A Journey to Master Forex Trading (FX Trader from Singapore)

Sunday, December 7, 2008

Forex trading strategy #11 (EUR/USD simple system)

Forex trading strategy #11 (EUR/USD simple system)

As we move forward we discover a strategy that fits only chosen currency pairs.


Take a look at the next Forex trading system:

Currency pair: EUR/USD.
Time frame: 30 min.
Indicators: MACD (12, 26, 9), Parabolic SAR default settings (0.02, 0.2)

Entry rules: When Parabolic SAR gives buy signal and MACD lines crossed upwards – buy.

When Parabolic SAR gives sell signal and MACD lines crossed downwards – sell.

Exit rules: exit at the next MACD lines crossover or if the market starts trading sideways for some time.

FOREX TRADING SYSTEM

1 comment:

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