3 12 Tunnel Breakout - forex market hours in pakistan

3 12 Tunnel Breakout ~ forex market hours in pakistan

3/12 Tunnel Breakout is a simple breakout system trend following requires:

three exponential moving averages:

12ema (of price highs);

12ema (of price lows);

3ema (of price closes).

Top Tip: This system is great for the Daily timeframe to get on board

some big runs... the 4-hour timeframe works well too!

Currency pairs: EUR/USD, USD/JPY, GBP/USD,USD/CHF, AUD/JPY, EUR/JPY, GPB/JPY, AUD/USD, NZD/AUD NZD/USD, USD/CAD, EUR/CAD, GBP/CAD, GBP/AUD, GBP/NZD..

To trade this system we just wait until the 3ema has gone in between the

high and low lines of the 12ema-channel.

On the next candle that closes and causes the 3ema to rise above the

12ema-channel – BUY:

3/12 Tunnel breakout

On the next candle that closes and causes the 3ema to fall below the

12ema-channel – SELL:

3/12 Tunnel Breakout

Exit position is discetionary but see this examples:

4H time frame

stop loss 30 pips on GBP/USD and 25 pips on EUR/USD;

profit Target 40 pips GBP/USD 30 pips EUR/USD.

daily time frame stop loss 60 pips on GBP/USD and 50 pips on EUR /USD;

profit Target 80 pips GBP/USD 60 pips EUR/USD.

Note this trading system is created only for higher time frame. Best time frame is 8H, 12H , or daily.

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Making Money in Forex Trading - forex trading software comparison

Making Money in Forex Trading ~ forex trading software comparison

Making Money in Forex Trading

The Forex market has a daily volume of over $4 trillion per day, dwarfing the volume of the equity and futures markets combined. Thousands of people, all over the world, are trading Forex and making tons of money. Why not you?
All you need to start trading Forex is a computer and an Internet connection. You can do it from the comfort of your home, in your spare time without leaving your day job. And you dont need a large sum of money to start, you can trade initially with a minimal sum, or better off, you can start practicing with a demo account without the need to deposit any money.
Once you consider to start Forex trading, one of the first things you need to do is choose a broker, choosing a reliable broker is the single most critical factor to Forex success.
There are dozens of online brokers out there but your best bet is to go with the leader.
Based on our experience, The best online FX broker for beginners and pros alike is e-Toro (If the link doesnt work, copy and paste the following URL into a browser: www.liraz.com/etoro). Why? for starters this broker is rated among the best in trading quality, security, bonuses, payout and experience. More than that, e-Toro is much more than a simple Forex broker, it is a "social network" that allows you to copy the trading strategies of the network’s best traders (according to the company, over 85% of copied trades on e-Toro are profitable). You have to see it to believe it. Unfortunately, this broker does not accepts US residents.
Now I would strongly encourage you to go and visit the above brokers site right now even if you are not yet decided whether you want to go into Forex trading. Why? because it provides tons of free education materials, videos and best of all a demo account that allows you to practice Forex trading for free without the need to deposit any money. Simply go to the site, register for a free account and start "trading" - by actually practicing and experiencing it firsthand youll be able to decide whether Forex trading is for you.
In any case, before starting to trade for real, it is advisable that you practice with a demo account. Once you build some skill and feel more comfortable with the system you  can start trading gradually for real money.

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40 pips a day - forex trading hours singapore

40 pips a day ~ forex trading hours singapore

40 pips a day is a daily forex strategy very simple but its very impressive. This is an trend momentum trading system.

Currency pairs: EUR/USD, GBP/USD, AUD/USD, USD/CHF, USD/CAD, EUR/JPY, GBP/JPY, AUD/JPY, NZD/USD, GBP/NZD, USD/JPY, and other.

Financial technical indicators:

RSI (Relative Strength Index) 5 periods;

Exponential moving average 5 ema (High);

Exponential moving average 5 ema (Low);

CCI (Commodity Channel Index (11 period level 90, -90).

Enter the trade only after the signaling candle is closed.

Buy

RSI must be over 50 level.

CCI must be over 90 level.

Buy when the price broken and close above the upper band (5EMA high).

Sell

RSI must be less 50 level.
CCI must be over -90 level.

Sell when the price broken and close below the lower band (5EMA low).

Profit Target 40 pips.

Initial Stop loss:

for buy the low of the entry bar;

for sell the hih of the entry bar.

40 pips a day

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