We learn how to trade till we stop trading and we learn from each other everyday. Do not worry about what market will do. Just worry about what you will do when market reaches your “pain point” or “happy point”. You will have an easier life as a trader that way. Forex is all about how to hit the next ball correctly rather than worrying about something of a distant future. The next ball may be for 2 pips or 20 pips or 200 pips depending on each trader’s style and forex trading strategies. Anything is possible in Forex.
If you are a day trader, I think you will find this scalping method very useful. You can use this HPTI Forex Strategy to trade any fast moving currency pair on any time frames. This strategy will allow you to enter the market fast and make some pips. Best trading time is between 07:00GMT and 18:00GMT. In order to avoid whipsaws, do not trade if an important economic data will be released in a couple of hours.
Please have a look at the HPTI Forex Strategy chart before tell about details:
- Price is above the middle line of the Bollinger band,
- Laguerre indicator is above 0,
- MACD is above 0.
- SGMAR indicator (green line) is above the red line.
You are going to sell (short) when:
- Price is below the middle line of the Bollinger band,
- Laguerre indicator is below 0,
- MACD is below 0.
- SGMAR indicator (green line) is below the red line.
As I mentioned before, this is a scalping method so you will be looking for 10 pips with a 15 pips stop-loss.
HPTI Forex Strategy Buy and Sell signals:
Download HPTI Forex Strategy Indicators and Template
- hptti strategy.tpl
- BBands Stop Alert.ex4
Strategy written by 5-min-forex-trade-trading-strategy on behalf of FMTI for the best Forex trading Strategies.