BUY
When?
1. the 5 SMA crossed 50 upward that is the first signal.
2. Please check the MACD, the bar must be climbing up.
3. after 15 crossed 50 the signal is 98% bullish.
4. Usually MACD, QQE and Momentum are crossed up at the same time, and that is a signal to upload your weapon.
Please open your buy there with TP1 80 pips and lock profit for 50 pips after TP touched and let the price go to TP2 180 pips.
note :
Patience traders as we are trading in 4h time frame. Noo need to Hurry.
MACD : Please draw a red line in zero line.
Source: by cornelius2, forexfactory Forum.
3 comments:
Forex trading is the buying and selling of currencies with the aim of making a profit. It is a decentralized market where currencies are traded 24 hours a day, five days a week. Forex trading is conducted electronically over-the-counter (OTC), which means that there is no central exchange. Instead, transactions are conducted through computer networks between traders around the world.
https://thehoruseye.net/eye-of-horus-definition/
The forex market is the largest and most liquid financial market in the world, with an average daily trading volume of over $5 trillion. This high liquidity makes it easier for traders to enter and exit trades quickly and at a low cost.
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