11:22Forex Strategy Return to the Gap
We offer you once again simple but deserving of attention forex strategy that is suitable for any forex pair.
This trading system is a simple forex trading strategy that you can apply it to any forex pair , which opens with a gap on Monday - after the market close on Friday , this trading strategy is very stable. Note that the entries into the market strategy are relatively rare .To work on a forex strategy " Back on Gap " You do not need the trading indicators or templates for MT , as an indicator of the trade , giving the signal for the opening postures will price itself .
Principles trading strategy back on Gap
Please wait for the opening of the forex market on Monday - we will work only if the market opens with a gap . Then check the value of the gap , whether it is satisfied with such conditions (found in the following boxes) :
Go ahead , if the value gap is in this framework , we are opening three postures towards the ceiling ( closing) gap .
Drawing, click to enlarge:
take-profit order first put on the market closing price on Friday . Profit = two second- order take- profit'am first order . Profit third order placed by a fixed amount - 2oo - 3OO items depending on the selected forex pair.At the close of the first order at the take- profit'u , second and third order to relocate to breakeven.
Stop-loss set ( mandatory) at a fixed value - is 3OO - 4OO points depending on the selected forex pair. Although this value stop- loss'a is not small, but statistically, in three years of forex strategy at Gap Return , stop- loss orders in the euro / dollar triggered only twice, the pound / dollar - 3 times, the dollar / franc - 2 times and the dollar / yen - 2 times !
In addition , you can reduce this value stop- loss'a , but then the probability of closing orders for stop- loss'u increase.Note that on this forex strategy is better not to risk too famously , as there is the chance to trigger stop- loss'a albeit small , but still ...
Once the third order translates into the black , it is transferred to the trailing -stop is equal to 5O - 1OO items and wait until it is closed by a positive stop- loss orders (stop- Truiden ), or take- profit'u .Here is such a simple and straightforward forex strategy , comments are welcome.
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