Navarra
Forex Strategy is an trend Momentum strategy for high time frame
based on momentum and trend indicators.
Features
of Navarra Forex Strategy
Trading
Style Swing trading
Type:
Trend Momentum
Time
Frame 4H VS H1
Currency
pairs: any.
Terminal:
Metatrader 4
Metatrader 4 Indicators:
4h TDI
Daily TDI
Dashboard
BothMACD
MACD Candles
Probability Meter
Fx Reactor
RSI filter
TRADING
Rules Navarra Forex Strategy:
If
you follow the rules you should make some good money. Remember dont
be greedy and trade at the right time. Dont trade too much money or
some trades will get stopped out. If you lose a trade pretty badly
get out of market and dont trade again for about 10 hours. Cool off
and learn from your mistake. Study the charts and realize why you
lost. Did you take a signal to early. Was the daily going in that
direction. Did one hour chart confirm. NOTE: I dont look at one hour
too much. Only during the morning not at night. you can check it at
night for entry only.
Exit
position
Since
we are trading 4h timeframe the stop loss has to be pretty big. If
you get in around 1am then the market shouldnt go against you more
than 40 pips if your trading high volatile pairs. Anyway, stop loss
should be 70 pips. If it seems to wide then dont trade as much money.
Get the feel for it. Theres nothing like the market going 50 pips
against you and your $800 in the hole only to turn around and then go
your way. I have been in some trades for 2 days because it was
ranging between -40 - -60 pips. I usually take profits at pivots,
emas, lows and highs. Its up to you how safe or risky you want to be.
In the folder there are more
templates for any pairs.
In pictures examples of Navarra
Forex Strategy.
Post a Comment