Rainbow system forex
Home Home Privacy Policy Learn Forex Trading Advertise. Where you can learn the forex. Forex Strategies Bands Trading Breakout Forex Strategies Daily Strategies Momentum Forex Strategies Pattern Trading Support and Resistance Strategies Trend Forex Strategies Tutorials for forex beginners Volatility. Bands Trading Bands Trading. Rainbow Scalping System is based on WMAs. See how to build Rainbow. Select Average Price Line system and change the line color to Red No candlesticks. WMAs 1, system, 12, 18, 24 Red. Scalpers in this example started their day around If you see the above chart an aggressive scalper will spot the down move when the spine hit the v-line time line around Aggressive scalper will jump in when the flame hits As you can see aggressive scalpers will follow the flame and h-line. A conservative scalper will stay calm and wait for the up move taking contrarian approach. He may wait for the spine - which is the purple group here — moves above the white line forex enter when he sees the flame cut the hline or breach the previous flame resistance. Conservative scalper jump in around In both scenarios our Rainbow scalpers cashed in the daily bread 6pips. In both scenarios, Rainbow scalpers were following the Flame, Spine, H-line, V-line. Flame - is the red group that forces you to follow the price. Spine - can be Purple group or Rainbow group depending on the development stage of the Rainbow. White line gives you a guidance in identifying the spine. It also shows you the trend strength and the direction from the angle of cutting the V-line. H-line — shows you the rounded price numbers in your chart. V-line — rainbow you the time in your chart. This is why in addition to our 06 pips daily profit target there are several other rules for exits. Your absolute maximum stop-loss should be 18 pips from your entry. It should be noted that the closer the stop is forex your entry price the more likely it is to If the initial move of the market in any session start is UP look for Sell Opportunity. If the initial move of the market is DOWN look for Buy Opportunity. Use Flame, Spine, H-line and V-line as guides to take high probability scalps. Use a lot of screen time to avoid fake moves and when you detect the fake move just simply get out. Always remember an absolute maximum of 18 pips stop-loss h-line will help here. That is it - simple scalping rules for entry and exit and whether to buy or sell, when to enter and when to exit. With some screen time you will trade with much more confidence. Always keep the take-profit and stop-loss in your head to avoid any manipulation from the broker or market maker. You must be a little careful scalping when the market has not traded for a long period such as weekend and over national holidays as there is a chance that the market rainbow got a great deal of International news to catch up on and the first day back may be a one-way day with forex or no reversal. If you identify the direction, jump in and ride the wave and harvest the pips for rainy days. You should also take note of news releases made in the first hour of scalping. Below the link for download Rainbow Scalping System for Metatrader 4. Pubblicato da learn forex trading. Related Scalping Strategies Newer Post Older Post Home item. Breakout entry, Pullback entry: Scalping method with Support and Resistance. MA Smoothed with RSI. Price action trading with Pin Bar. RSI trend with Bollinger Bands. Advanced System X Forex Method. Category Bands Trading Breakout Forex Strategies Daily Strategies Momentum Forex Strategies Pattern Trading Renko Chart Scalping Strategies Support and Resistance Strategies Trend Forex Strategies Tutorials for forex system Volatility. Tag cloud Bands Trading Breakout Forex Strategies Daily Strategies Momentum Forex Strategies Pattern Trading Renko Chart Scalping Strategies Support and Resistance Strategies Trend Forex Strategies Tutorials for forex beginners Volatility. Bands Trading Breakout Forex Strategies Daily Strategies Momentum Forex Strategies Pattern Trading Renko Chart Scalping Strategies Support and Resistance Strategies Trend Forex Strategies Tutorials for forex beginners Volatility.
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