Forex trading strategy #3 (EUR/USD simple system)

great info. I know a lady in singapore has made more than 100k with investment of 2k on similar strategy. key is to play trades at right time.
i am thankful for this wonderful info. I shall try this strategy.
Regards,
milind, singapore

Hi,
What would be a good stop when trading this setup ?

Thx for this amazing site

kind regards
Iggy

Hi Iggy,

for a stop we should obviously use the last Parabolic SAR dot.

Best regards,
Edward

I use FX PRO And my MACD graph is only showing one line and I can't figure out how to correct this in the settings.

Can some body help me when is the right time to enter and exit and also i am getting 0 line on MACD and also i am not getting the same picture which u have posted

MACD indicator on MT4 has one line, which is enough to trade with.
If you prefer two line MACD, try this custom indicator: Good_Macd.mq4.
You'd need to add it to your platform. Use steps described here:
How to add indicators to MT4.

Thomas

Hi everyone,

Does this system also work on news releases or do we have to wait for the big fluctuations getting dimmed?

Greetz,

Jeroen

Hi Jeroen,
Any time you know that the news will have a significant impact, it is advised to wait out. But you shouldn't be over-concerned with news overall. There are news coming every day, but only few times there are really bad times to be in a trade (an example if Non-Farm Payroll every first Friday of the month).
The rest of the time you should trade normally.

Best regards,
Edward