490# Support and Resistance Barry with Trend line

Price Action Forex Strategy ( Krish Manual Template)

 

Submit by Buddy 05/09/2013

Krish is the trader that has developped this price action strategy based on the trendline indicator and the support and resistance Barry .

 

Time Frame 4H

Currency pairs: any

 

Metatrader Indicators:

4H Trader indicator;

3DFX indicator

Trend Line Indicator

Support and Resistance Barry

Signal bars 7 Indicator

Clock Indicator

 

Rules for Support and Resistance Barry with Trend line or Krish Manual Template

 

Buy

Wait 4H Trader Buy Arrow and Entry Position at the breaks of the Trend line in in up trend or entry at the Breakup of the trend line if is has formed a triangle.

 

Sell

Wait 4H Trader Sell Arrow and Entry Position at the breaks of the Trend line in in down trend or entry at the Breakdown of the trend line if is has formed a triangle.

 

Exit position is discretionary but is recommended ratio 1.3 stop loss.

Place initial stop loss at the previous swing.

Support and Resistance Barry with Trend line (price action forex strategy: Template and indicators

Support and Resistance Barry with Trend line
Price Action Forex Strategy ( Krish Manual Template)
Support and Resistance Barry with Trend
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Support and Resistance Barry with Trend line
Support and Resistance Barry with Trend line

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