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FX Nuke Forex Strategy

FX Nuke Forex Strategy is a trend following that is suitable for scalping, day trading and swing trading. Trading Modes Input System pr...

FX Nuke Forex Strategy is a trend following that is suitable for scalping, day trading and swing trading.
Trading Modes Input
System provides three different trading styles depending on your expectations, risk appetite and experience in trading.
Trading modes are not assigned to specific Timeframes. For example: you like calm and secure signals for typical daytrading - you can use the swingtrade mode (green) on the m5 or m15 interval.
FX Nuke SCALPTRADE 
FX Nuke Forex Strategy
It’s characterized by the fastest signals as well as the largest potential profit with increased risk. If you are familiar with scalping and catching the quick market movements, you should choose this trading mode.
Scalping mode is recommended for advanced traders.
FXNuke DAYTRADE
FX Nuke Forex Strategy
 Is the most universal mode, providing the most balanced signals.
It provides stable signals with limited risk.
This mode is recommended for beginners as well as experienced traders.
FXNuke SWINGTRADE
FX Nuke Forex Strategy
Provides the most secure signals, with less profit potential at the same time. Pick this mode if you want to spend the minimum amount of time in front of the computer.
This mode is recommended for every type of trader.
System overview
System contains two indicators.
1. Entry/Exit Colored Snake
2. Currency strength & weakness dashboard.
Let's take a look at the strength and weakness dashboard first.
It presents all major currencies (EUR, USD, GBP, AUD, NZD, CAD, CHF and JPY) in a simple visual form.
Before you start trading on any instrument, check if the given currency is
actually really bought / sold by the market.
Strength & Weakness Analysis
The market is constantly in motion, therefore there are always the strongest (the most bought) and the weakest (the most sold) currencies.
The dashboard was designed to provide you with the analysis of the entire market on one chart. In the below example, we can see that the most bought currencies are EUR and AUD. The most sold out are USD and CAD.
EUR/USD(EUR-strong/USD- weak)
AUD/USD (AUD - strong/USD- weak)
EUR/CAD (EUR-strong/CAD - weak)
AUD/CAD (AUD-strong/CAD - weak)
If you are dealing with such choice of pairs, it’s best to choose those that have the lowest spread. o for example EUR/USD or AUD/USD.
ENTRY and EXIT Rules Let’s check the second indicator now - a colored snake which will determine the entry and exit points.
FX Nuke Forex Strategy
BUY TRADE EXAMPLE
FX Nuke Forex Strategy
 Find a currency pair that has a red snake. Wait for the blue dot to appear, which will determine the
entry (buy signal).
Transaction should remain open, until red DOT appears.
SELL TRADE EXAMPLE
Find a currency pair that has a blue snake. Wait for the red dot to appear, which will determine the entry (sell signal). When are DOT appears it means that the market is ready for sell signal. Transaction should remain open until the blue DOT appears.
FX Nuke Forex Strategy
STOP LOSS
Stop loss order should be placed in the technically best place:
- the last swing high (for the SELL trade)
- the last swing low (for the BUY trade)
The exit signal given by the system has been designed to squeeze out the market as much as possible and at the
same time to secure the trader from a bigger loss.
As for everything in forex, here we also have to pay a certain price for such feature. It may happen
that the exit signal eats most of the earned profit.
In the above example, we can see that the transaction has reached over 120 pips profit before it turned back. If you are an experienced trader and you like smaller but more secure profits, you can use a simple risk to reward ratios. The stop loss for this transaction was around 60pips (the last swing low). You can set a take profit order for 60 pips (which gives risk to reward 1:1), or 120 pips (which will produce the double stop loss value).
FX Nuke Forex Strategy
 

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