"Let it Simple" strategy.

Let me tell you about one of my secret strategies in forex..... it's simple... let me say it's very sample....look... are you hear about "stochastic indicator"... it's the secret ..... the idea is on watching this indicator and following it ...first we choose the right "trading platform" (for me the best is Meta Trader) and in my knowldge you can do it with IFCMarkets & MARKETIVA too.after choosing the indicator like this

(see the picture)

adjust the parameters like this:

k period: 15
D period: 0
slowing: 6

(see the picture)

after that .... choose three level lines: the first is 20, the second is 50, the third is 80.

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(see the picture)

*for good visibility choose the red color for the diagram, and let the three levels in it's default adjustment.

(see the picture)

and click OK.

Finilly choose 15m frame (quarter of hour)

( all these steps are on Meta Trader program)

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(This is our work)

...........THE STRATEGY.........

follow the chart ...

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1- if it go up and cross with one of the three levels (20, 50, 80) you open an ORDER like this:BUY take profit with max 60 pips, and stop loose 20 pips.

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2- if it go down and cross with one of the three levels, you open SELL ORDER with max 60 pips profit, and stop loose at 20 pips.

(This is our simple strategy).

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*by this strategy you can make more than 700 or 1000 pips by medium every month.

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GOOD LUCK

****for honest... this strategy is taken from here ****

by: Saad Babah.