pips. For pairs apart from GBP/JPY, you may need to experiment with the TP and SL a bit. Stop Loss for all the entries for Long and Short is 20 pips plus spread from the best setup as per rules. Daily S2 ( Second Support below Daily Pivot).
When you get 50 pips, daily R1 ( First Resistance above Daily Pivot ). When Lag-2 crossed.00 and then starts to come up.15. GBP JPY Forex Simple Trading Strategy ( Works on All Time Frames and for all Pairs Best used on 5Min/15min/ for short term Trades and 30min/1Hr/4hr/daily for Long term Trades ). If you stick to the rules of entry, I assure you your winning rate will be as high.
Check if 1min, 5min and e-wallet kryptowährung 15min Lags are in agreement to take trades apart from the ones mentioned above. For Shorts : What you need to do is look if the LaGuerre 1 ( henceforth called as Lag1 ) is at or below.45 and going downards, StochHistogram ( Henceforth called as Stoch) is gone from positive. I have added the Pivot indicator as its very helpful to find the expected levels of support and resistance without too much of headache. Safe entry for Short Trades ( on 5 min chart ). II) Second Setup ( when Price is already climbing up ) Maybe able to catch moves of 30 to 80 pips. The most Important part in making this method a success is to stick to the rules at all times and get into the trade when u have the indicators giving you the signal. When Stoch Histogram goes from Positive to Negative, and Red Lag is pointing Down ( both conditions have to be met, if not take 50 profit and let the trade run ).
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