Forex Books - 150$ a Day

Trading the trend is just like trading the breakout, except in less volatile market conditions. Start with going to the 15 minute chart of the currency pair of your choice and ask yourself this question: ‘Is the exchange rate line (brown) above or below the EMA 50 (blue)? If the price line is currently below the EMA 50, and the EMA 10 and BB 20 are also below the EMA 50, then you will be looking at Selling opportunities in the trading session. If the price line is currently above the EMA 50, and the EMA 10 and BB 20 are above the EMA 50, then you will be looking at buying opportunities in the trading session.


0 comments:

Post a Comment

Write Your Comment In here And No Spamming

Best Forex Indicator - Forex indicator for your system or strategy. Get on here free of that including forex books, Forex System, forex Strategy and many more. Plus Forex prediction, news, demo contest, real contest. Experience is the best teacher for you.

 

© 2008 Free Forex Indicator, Books and System: Forex Books - 150$ a Day - Design by FXkick