Trade Like A Pro With the Best FOREX TRADING COURSE. A typical chart pattern is best traded after a strong currency pair up - or downtrend and can be robot trading forex indonesia by an easy set of trading rules. A trader can confirm the reversal trade using a technical indicator such as DMI or MACD. Point 1 : The high in an up trending currency market.
Point 2 : A downward correction in the up trend, the lowest bar in the correction before the price moves back up to point 3. Point 4 : Go short 1 pip below point 2. The reverse is true when applying these basic rules for long trades but now:. Point 1 : The low in a down trending currency market. Point 2 : An upward correction in the downtrend, the highest bar in the correction before the price falls back up point 3.
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