1-2-3 Method

Chart Tools:

Currency pair: EUR/USD.
Time frame: 30 min.
Indicators: MACD (12, 26, 9),
Parabolic SAR default settings (0.02, 0.2)

Entry Rule:

When the first, second or sometimes third Parabolic SAR dot appears and the macd cross Go long in an up trend and the opposite if in a down trend.

Exit rules:

At the next MACD lines crossover
Or if the market starts trading sideways for some time.

The best time to trade is during London and New York sessions (8 am to 10 pm GMT).

Eur/Usd Simple System

Forex Trading Systems:

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Risk Warning

ForexOnSet | 07 - 08

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