- June 17, 2018
- Posted by: Forex Wiki Team
- Category: Forex Trading System
It is a tremendous easy concept - Open commerce on Monday - Shut commerce on Friday - let the market resolve the revenue or loss.
Query is what to purchase or promote which will pattern in your chosen course for every week?
I've been utilizing tradingview's Foreign exchange Sign Finder to seek out forex pairs which were persistently trending.
I set the sign finder to rank yearly efficiency, month-to-month efficiency, weekly efficiency and every day efficiency.
The currencies I select are Main's, Minor's and Exotics
My standards for selecting a forex pair is as follows:
Shopping for
The forex pair will need to have a powerful optimistic yearly efficiency
And the forex pair will need to have a optimistic month-to-month efficiency
Promoting
The forex pair will need to have a powerful destructive yearly efficiency
The forex pair will need to have a destructive month-to-month efficiency
Additionally my dealer wants to supply the forex pair that meets my standards.
As soon as I've chosen the forex pairs in line with assembly the above standards I enter the commerce on a Monday earlier than London Open and shut earlier than New York shut on a Friday.
If anybody has ever traded like this or comparable - please let me know the way you bought on.
Pairs traded:
EUR/HUF
EUR/TRY
USD/TRY
USD/MXN
EUR/MXN
GBP/CAD
EUR/CAD
Achieve for the week was 1.7%
Subsequent week would be the first full week of testing this technique
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