186# Power Trading System
Strategy for trading in Forex and Binary
Pure trend following retracement trading
Submit by Joy22
Power Trading system is a trend following strategy that find retracement of the price. Power trading system is suitable for forex trading (Scalping, day and swing trading and trading with Binary Options high/low.). The strategy is verry simple ad it's based only on two indicators Super trend and Instant fx but there are also the support and resistance level.
Binary options expiry time 2-3 candles.
Time frame 5 min or higher
Currency pairs:Major, Minor, Gold, Oil and Indices.
Metarader 4 Indicators
Supertrend (10 , 2.5)
Trading Rules Power Trading System
Apply this template to trending currency pairs for best results.
to find trending currencies use currency strength
Trades only in the direction of the trend. The trend is defined by the direction of the Supertrend.
Buy or Call
Supertrend below the candle.
Instant FX buy arrow.
Sell or put
Supertrend above the candle.
Instant FX sell arrow.
Place stop loss few pips below/above the signal candle (with arrow).
Profit Target options: predetermined profit target minimum ratio 1:1 stop loss; at levels of support or resistance; close position at opposite arrow or when supertrend changes direction.
This is a winning strategy. Happy trading!!!
In the pictures Power Trading System in action.
Telegram channel https://t.me/freeforexresources
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