Simple H4 Mobile Trading System

I began a thread in Journal Discussion board to share about this technique as I'm nonetheless testing. The outcomes are promising so I made a decision to share right here.

Do observe I solely began it for 1 month and the outcomes not sufficient to conclude something. Some have tried and so optimistic outcomes too. Go to right here to rea din particulars: https://www.forexfactory.com/showthr...7#publish11550457

Too many dealer concentrate on reward to danger (RR). Nonetheless that's their speculation if the worth motion (PA) attain to the extent they need. Nonetheless, usually then not the PA don't attain to the extent they need and hit SL

I requested myself the right way to change into a constant worthwhile dealer? So i concluded that the win to loss ratio is extra vital. Undoubtedly cash administration is the premise.

All you want for this technique is your telephone. I solely commerce on all USD pairs, EUR pairs, GBP pairs and JPY pairs

Guidelines
1. Add EMA 30 to chart
2. Observe the development
3. Lengthy when Bullish Engulf bar kind above EMA30, and quick when Bearish Enguld bar kind beneath EMA 30.
4. Use Finbonacci to find out SL and TP

Connected Photographs (click on to enlarge)

Doable quick commerce for subsequent open H4 bar

Draw fibo from excessive to low of the present bar to find out SL and TP.

SL at 0 and TP at 200. Shift SL to 100 when hit 150

Connected Photographs (click on to enlarge)