Parabolic SAR Strategy is for forex for beginners. This forex strategy can go up to 40pips per entry setup. This free pdf forex ebook will tell you the settings on the trading platform for intraday and scalping. For profitable forex strategy go to http://www.pipsumo.com/2017/06/profitable-forex-strategy-150pips-weekly.html
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40 pips Parabolic SAR Trading Strategy
Forex Tips & Trading Strategy For You Disclaimer This Document is for educational purpose only. By viewing this you agree that it is general educational material and you will not hold anybody responsible for loss resulting from the content provided by pipsumo website. Forex currency trading have large potential rewards but also large potential risk. Don’t put your Money that you can’t afford to loose.
This trading strategy Use the combination of Parabolic SAR and Moving averages.
Be patient and stick with only 1 method of trading. Focus and keep practicing.
Pair : Major Pair eurusd, gbpusd , audusd, nzdusd, usdjpy
Moving Average Settings (blue) -period : 5(blue) EMA5 -shift : 0 -method : Exponential -Apply to: Close
Moving Average Settings (green) -period : 12(green) EMA12 -shift : 0 -method : Exponential -Apply to: Close
Parabolic SAR Settings -step : 0.02 -maximum : 0.2 -color : orange
Entry Setup SELL - sell when the moving average ema5 and ema12 are crossing each other. -when the parabolic SAR appear on the top of the candlestick -find the confluence of the indicator before put entry. -exit when the parabolic SAR appear below the candlestick. Target Profit : 20/40/50 pip Stop Loss : 40/50 pip
Entry Setup Buy -buy when moving average ema5 and ema12 are crosing each other. -confluence with the parabolic SAR at the bottom of the candlestick. -exit when the parabolic SAR appear at the top of the candlestick. Target Profit : 20/40/50 pip Stop Loss : 40/50 pip
Parabolic SAR and Moving Averagesforex stratergy recommended to be used on the hourly chart. Please make sure the candle are closed before execute an order. Maximum Stop Loss is 50 pips. Close profits partially when reach 40pips and set the stop loss to break even.
Feels Free To Download This Divergence Trading Strategy to determine where is the market reversal. Find the confluence on the setup before you make the decision.
Magic Forex Divergence Click Here To Download