The ability for any forex trader to be able to spot trend reversal is crucial for profit maximization. Knowing when a currency trend is poised to make a U-turn can save you all the headaches associated with being on the wrong side of a trade. A bullish trend is depicted by its blue line hovering above the 0.
Learn how to buy and sell with this outstanding strategy: Chart Setup MetaTrader4 Indicators: If the green bars of the Altrtrend. Stop Loss for Buy Entry: Place stop loss below trading support.
If while a buy signal is ongoing, a blue bar of the Altrtrend. Sell Entry Rules Enter a sell order if the following holds precedence: If the blue bars of the Altrtrend. Stop Loss for Sell Entry: Place stop loss above trading resistance. If while a sell signal is running, a green bar of the Altrtrend.
Sell Trade Example Fig. Click Here to Leave a Comment Below 0 comments. COM respects your privacy!More...