ADX 15 Minutes EURJPY Trend Strategy

0
(0)
Hello merchants,
Adx is a development indicator. It reveals there's a trending or ranging market. When it is over 22, it's anticipated the market to start trending.
At this technique, we use some further affirmation indicators like help/resistance indicators, arrows and RSI.

Guidelines:

1. Look ahead to arrows
2. Look ahead to RSI to go and shut above 60 (if purchase) or down beneath 40 (if promote)
3. Look ahead to ADX to go/be and shut above 22 (it's higher to be over 30)
4. SL: when reverse arrow emerged, or nearest s/r degree. (Lower your losses quick and let your earnings run on)
5. TP: 30-150 pips

Ideas:

1. It's dangerous to enter after huge candles like 20 or extra pips. (it's higher to attend for pullback)
2. It's dangerous to enter simply earlier than huge information occasions like rate of interest resolution, nfp, financial institution presidents' speech and so on.

Hooked up Picture (click on to enlarge)
ADX 15 Minutes EURJPY Trend Strategy Brief Video

Complete legitimate trades on this video: 13
Wins:9
Loses:4

Inserted Video

Hooked up File
File Type: zip ADX 15 Minutes EURJPY Trend Strategy.zip   130 KB | 57 downloads

 

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

We are sorry that this post was not useful for you!

Let us improve this post!

Tell us how we can improve this post?



Author: Forex Wiki Team
We are a team of highly experienced Forex Traders [2000-2023] who are dedicated to living life on our own terms. Our primary objective is to attain financial independence and freedom, and we have pursued self-education and gained extensive experience in the Forex market as our means to achieve a self-sustainable lifestyle.