Buy zone for forex manual

Quick links. PDF attached. We have too many Buy Zone threads and that is making it harder to manage the forum. Thank You for your cooperation.

You do not have the required permissions to view the files attached to this post. Post by fcg0lfer » Wed Jan 09, am Great read. Thanks TRO! Your right, it's so simple that it's hard to not try and complicate it lol Thanks Post by bprice » Wed Jan 09, am Avery, Thanks once again for all your hard work, patience, and sharing. To trade the sell zone, wait until a complete bearish candle forms below the trendline it must completely clear the trendline, wick and body.

Take care to wait until the candle has closed to call a trendline break; otherwise you may fall victim to a false spike. When the bearish candle appears in the sell zone according to the conditions stated above, place a market order to sell at the opening of the next candle if equity management allows. Techniques which can be applied to up trends, can also be applied to downtrends.

Tomorrow I will share with you another example of how you can apply this strategy to currency trading online in the Forex market.

Search for: Search. The Broken Uptrend Remember that the trend is your friend until it bends when trading Forex online. An uptrend is considered broken if the following conditions are met: 1. New comment. The short zone is the Open Price -. Go long on green bull candle in the long zone and short on red bear candle in short zone. I reset the Buy Zone at the start of the hour. Or you can use the London, New York and Sydney open prices. SL is 5 to 7 pips. TP is whatever you can get before it goes against you.

Indicator attached.