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Financial Markets
TRADING STRATEGIES
Education
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Multiple bars High or low Binary Options Strategy
MARKETS:
- Forex
- Stocks,
- Futures
- Commodities
- Tresury Bond.
TIMEFRAME 1H min or higher.
INDICATORS
- Trend indicator, can be a moving average or a baseline
- ADX
RULES
- For this scenario we are going to look at 2 consecutive bullish bars and we enter on the beginning 3rd candle and exit at the end of it
- Works only in trend
- Candle has to be above moving average -> we need to be a in a trend
- ADX value has to be >= 19
RISK MANAGEMENT
- TAKE PROFIT
- Exit at close bar or with fixed Profit Target, we can go with either 1:1 , 1:2 or 1:3 ratio of the stop loss
- STOP LOSS
- Place stop loss at low or high of the 2nd bar.
EXAMPLES
- GBPUSD 1H , 4 long opportunities
- EURUSD 1H , 6 short opportunities, 4 wins and 2 losses
Last modified 9mo ago
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