The 200 pips everyday earnings forex trading strategy is a very uncomplicated strategy for newcomers and also for professional traders. 20 pips a day forex strategy is an easy trading method nevertheless, it requires several preservations.
200 Pips A Day Forex Trading Strategy
You should have to observe your trading graphs every day. It decreases the risk of excessive trading. On condition that you have to focus to get 200 pips every day then you are obliged to utilize a particular indicator which aids you to get 200 pips everyday earnings. The exponential moving averages indicator is the greatest Indicator for 200 pips and it is the so-called EMA.
Formula For The Exponential Moving Average
The formula for the EMA is as follows:
EMA = Closing price x multiplier + EMA (previous day) x (1-multiplier)
Trading Rules For The Exponential Moving Average
Regulation For Buying
1.Whenever 25 EMA higher than the 60 EMA and 100 EMA.
2.Whenever 60 EMA higher than the 100 EMA.
- Wait for the initial Robby DSS blue mark.
Regulations For Selling:
1.Whenever 25 EMA less than the 60 EMA and 100 EMA.
2.Whenever 60 EMA less than the 100 EMA.
- Wait for the initial Robby DSS red mark.
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