536# Forex Market Open Trend

Open Trend Market Watch

 

Submit by Mike Trader 15/02/2014

 

 Forex Market open trend is an intraday forex system trend following based on the levels of the opening market.

 Time Frame 30 min and 60 min.

 Forex Markets: EUR/USD, GBP/USD, AUD/USD, USD/CHF, GBP/JPY, USD/NZ, EUR/JPY, and other. Indicies: S&P 500, DAX, FTSE. Metals: Gold and Silver.

 

 

Metatrader Indicators:

Arrow,

Market Watch,

Daily- weekly open indicator,

ArrzzX2 indicator.

 

 

Rules for Forex Market Open Trend

 

Long Entry

Price above Daily- weekly open indicator,

Green Arrow,

Green ArrzzX2 support,

Market Watch green bar.

 

 

Short Entry

Price below Daily- weekly open indicator,

Red Arrow,

Red ArrzzX2 Resistance,

Market Watch red bar.

 

Exit Position options

At the opposite arrow or with predetermined profit target that depends by currency pair.

Initial stop loss at the previous swing.

 


 

In the pictures Forex Market Open Trend in action

 

Forex Market Open Trend
Forex Market Open Trend (indicators and template)
Forex Market Open Trend.rar
compressed file archive 43.6 KB
Forex Market Open Trend
Forex Market Open Trend
Forex Market Open Trend
Forex Market Open Trend

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