Delivery times may vary, especially during peak periods. Skip to main content. The algorithm monitors and analyzes multiple time-frames simultaneously and executes trades only when the risk to reward ratio is favourable. No additional import charges at delivery! I am glad to welcome you to the portal FXProSystems.
Retracement bars are the magneta purple bars on the indicator on the bottom. If the market is stepping down you take the downward magneta bars as entry.
If the market is stepping up you take the upward magneta bars as entry. LONGTERM You can either enter the market long term when the mtf stochastics is changing directions and hold until trend is done or at any of the retracement bars going in the direction of the trend and hold pips SHORTTERM You can scalp the market by finding the direction of the current trend stepping up or stepping down and entering the retracement bars and taking 5 to 20pips profit.
There are two ways to trade this system but the entry rules are solid. We have a solid method to define a trend mtf stochastics and a solid entry method enter on retracements. It is up to you how much profit you take as you could be following a trend for days or just scalping all day long for short profits. Could add more positions for more pips to the bottom.
Chance for second entry or added position. Could add more positions to the trade meaning 1 lot all the way down the hill at entry points marked. That is how you turn pips to combined by multiple positions. You can lose more than your initial deposit and stake.
Please ensure your chosen method matches your investment objectives, familiarize yourself with the risks involved and if necessary seek independent advice. Trading financial instruments of any kind including options, futures and securities have large potential rewards, but also large potential risk.
You must be aware of the risks and be willing to accept them in order to invest in the options, futures and stock markets. Don't trade with money you can't afford to lose. Trading in the Foreign Exchange market is a challenging opportunity where above average returns are available for educated and experienced investors who are willing to take above average risk.
However, before deciding to participate in Foreign Exchange FX trading, you should carefully consider your investment objectives, level of experience and risk appetite. Do not invest money you cannot afford to lose. All information on this website or any product purchased from this website is for educational and research purposes only and is not intended to provide financial advice.
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