1 2 3 pattern+rsi+macd Strategy in Urdu - forex leaning place

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The need to exchange currencies is the primary reason why the forex market is the largest, most liquid financial market in the world.

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Saturday 9 March 2013

1 2 3 pattern+rsi+macd Strategy in Urdu

123 Chart pattern +RSI+MACD strategy:

Any currency pair can be traded
Indicators: 5,10,20 EMAs - RSI - MACD

Time frame: I use 15min charts (I find bigger time frames to slow and bigger stops)

Entry rules: On an down trend wait for a higher low.
Find a 1-2-3 setup

Enter long just below 2 with stops just under 3
RSI MUST be above 50
MACD must be or just about to cross over.

Exit rules: Once you have reached to same distance as risked close out.
The Picture is of a Short Entry.

1 2 3 pattern and RSI +macd in urdu

Strategy in urdu hindi:

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RSI(14)
MACD(12,26,9)
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1 2 3 pattern in urdu

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