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New Science of forex Trading
Rapid Trade Finder System
By // newscienceofforextrading.com
Toshko Raychev
LONG ENTRY RULES:
1. Cloud is colored Blue showing an uptrend going on at the moment.
2. Price falls towards the blue cloud and touches/penetrates it, or better closes in it.
3. Long entry is opened when white arrow appears.
4. Stop Loss goes a few pips below the entry white arrow.
5. Take Profit is set to 1 or 2 times the Stop Loss amount.
6. Or the Stop Loss can be trailed behind the lower cloud band until it is hit.
SHORT ENTRY RULES:
1. Cloud is colored Red showing a downtrend going on at the moment.
2. Price climbs towards the red cloud and touches/penetrates it or better closes in it.
3. Short entry is opened when yellow arrow appears.
4. Stop Loss goes a few pips above the yellow entry arrow.
5. Take Profit is set to 1 or 2 times the Stop Loss amount.
6. Or the Stop Loss can be trailed behind the upper cloud band until it is hit.
As you can see, this system is simple to use, yet very powerful and profitable.I enjoyed creating and using it and hope you will too. It works well with Price Action trading. This system is good for Binary Options too. Choose your broker by checking Binary Options brokers review.
You can use it on all currency pairs and timeframes, but try avoiding the high-impact news releases before entering your trades.
