as a forex trader, you may be confused with the many outstanding trading system,which often end up making your trading results are not consistent.
While consistency is a key to trading success forex trading for living.
A good trading system does not always have to be complicated,
but the system you will understand that system and you also enjoy in the trading system.
Well, simple forex trading system that might be your choice,
a system that is used purely to take the MT4 indicators that are available.
See screencaps below:
look at the price of GBP / USD H1 timeframe, the price has touched stoch 80-100 while
RSI > = 70, signaling occurs overbought, then the price will go down at least 30 pips
from the highest price. Conversely when the price touches the stoch 0-20 and
RSI <= 30, there has been oversold, then the price will go up at least 30 pips from
the lowest price to make the balance price.
notice: use this forex trading system in the timeframe H1 or H4,
use M30 if you were scalper trader.
I think binary options are the easiest to manage unlike other types of online trading which require complicated calculations before you can trade.
ReplyDeleteThere are many things to learn in options trading. It really require a lot of efforts to be adept with these effective options trading strategies.
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