Flag trading the trend | Foreign exchange EA download - MT4/MT5 resources
The following are the current trading rules as of January 2016. The market is a YM (e min Dow) chart with a 13 tick range bar chart. Trading hours are expected to be from 930 to 1130 am. Placing a 50 moving average, if the price is above we look for longs, if below we look for shorts. We want to enter the pullback market with a 123 or 2b pattern. Basically find the trend, wait until it pulls back, find the 123 or 2b pattern, enter the trade management trade and make money. 15 pips stop loss 30 target
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