11# Parabolic and MACD Trading System
Submit by Forexstrategiesresources
Time frame:30-hour, 1-hour, 4hour and daily timeframes.
Pairs:EUR/USD, GBP/USD, USD/CHF, EUR/JPY, USD/JPY.
Short Entry Position:When Parabolic SAR gives sell signal and MACD crosses zero line and is red;
Exit: at the next MACD lines crossover;
Take Profit:4H time frame 60 pips EUR/USD, 70 pips GBP/USD , for Daily time frame 200pips EUR/USD , 250 pips GBP/USD (recommended).
In the picture below Parabolic SAR and MACD Trading System in action.
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