Very nice thread with great quality. Your thread will help to teach the newbie forex traders some good strategies and build their confidence in this business called forex exchange trading.
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Very nice thread with great quality. Your thread will help to teach the newbie forex traders some good strategies and build their confidence in this business called forex exchange trading.
I am questioning the pair what time frame and how the most suitable in using this strategy??
and how long you use this system?
hello thak you i think it is a nice strategy i will try it end shar my result
my friend , I dont know a lot about PIVOT points , and I would like to test this strategy when I understand good , I ve heard a lot about pivot , but If you can tell how it could be involved in this strategy I will be thankful
thank you for your good response, I hope the newbies could take a lesson that I have to say
try at TF4H, because this would be more effective on these TF
hopefully you get great results :)
Please share and discuss with us ;)
Pivot points are calculated by the following formula:
Pivot Point = (High + Low + Close) / 3
Good Luck :good:
Dont worry,.. if I have spare time I will always update :)
The Bollinger Bands consist of 3 parts of bands:
- Upper Band - Middle Band, plus two standard deviations.
- Middle Band - A 20-period Simple Moving Average of close price.
- Lower Band - Middle Band, substracted two standard deviations.
please ask freely to me ... :respect:
thanku brother good job can you please tell me more about this strategy, to which pairs and time frames it will give good results how much stop loss and take profit should we keep ( risk to reward ration) more over which is the best time to trade using this stratagy i welcome your your response....