Home »
» Forex Secret Protocol version 2
First, we can trade this new FSP v.2 system as per original rules by using FSP HTF Trend indicator to determine the long term trend direction and then use one of the FSP Conservative Entry or FSP Medium Aggressive Entry. For FSP Aggressive Entry, we don’t need any higher timeframe confirmations and can place them as soon as we have a signal. For FSP Ultra Aggressive Entry, we have to use the FSP Fast Trend to confirm our entry and of course we need to have that huge move in the opposite site of our entry signal direction.
Old entry types
Conservative and Medium Aggressive long trade rules:
1) FSP HTF Trend indicator to be colored blue showing that there is an uptrend going on at the moment.
2) Some of FSP Conservative Entry or FSP Medium Aggressive Entry indicators to have one closed blue bar and the next current one to be blue also.
3) Next if all the above conditions were met, a long entry can be placed.
4) Stop Loss is set just below the last swing low point.
5) Take Profit is set as per original FSP rules, depending the market and pair volatility or equal to Stop Loss.
Related Posts:
Usd Jpy This Week (October 9, 2016 to October 15, 2016)
Usd Jpy Long term Trend @ W1 chart.
Usd Jpy Medium term Trend @ D1 chart
Usd Jpy Short term Trend @ H4 chart
Let's be aware of the market mover News - Thu Oct 13 FOMC Meeting Minutes … Read More
Why You Should Be Aware of Changing Forex Market Themes
It is often said that success comes to those who embrace change. Successful businessmen, for example, create new products and services that cater to the ever-changing demands of customers.
forex market themesThe age-old say… Read More
10 October 2016, 18:10
U.S. stocks rose as a fresh climb in oil prices spurred gains in shares of energy companies.
The Dow Jones Industrial Average on Monday rose 107 points, or 0.6%, to 18347. The S&P 500 gained 0.5% and the Nasdaq Composit… Read More
Prepare to Lose, Trade to Win
(I thought I’d end the year with this classic. Hope you have a great year ahead of you!)
We’ve all gotten our hearts broken at some point. And no, I’m not just talking about getting dumped by your high school sweetheart. Th… Read More
Strong Jobs Data Push Greenback Through Key Chart Points
The US jobs data was considerably stronger than expected and leave no doubt about the December meeting being live despite the year-end considerations that some had seen tying the Fed’s hands. The dollar broke thr… Read More
it is repainting or not?
ReplyDeleteQuantum Binary Signals
ReplyDeleteGet professional trading signals sent to your mobile phone every day.
Follow our signals right now and gain up to 270% daily.
Intriguing insights into Forex Secret Protocol Version 2! Your blog unveils valuable strategies. I'm curious about the integration of a FOREX TRADE MANAGER MT4 EA, anticipating how it enhances trade execution efficiency. A powerful combo for traders seeking a robust approach. Well-articulated and informative content!
ReplyDelete