Two-finger trading strategy
M. “Two Fingers” is such a name
for some reason.
St trader is familiar with the unspoidly principle of trading: during the day it is more difficult to trade than at wider intervals
princip strategy Two fingers
Whitly note that the strategy is relatively young and has not yet managed to gain a reputation for iron among traders. What is the principle of his work and what attracts his followers?
A key idea of a two-finger strategy is that the main trend is the daily time period, and entry points are identified by looking at the rollback on a younger chart, for example, H4
Offers a new and supernatural thing- say experienced traders. Just. This is the principle that most trading strategies work.
For you you can correctly apply two fingers, you need to look at the longer directions of daily schedules. Thus, the trader has the opportunity to make sure that the price will move according to how the exchange rate
change. We need to determine in which direction the trend moves in the daily period D1. that it is important to install them with a period of 22 and 5. Do not forget that if 5 is above 22, the trend moves upwards, and if on the contrary, it is in a downward trend.
why exactly you studied the trend, you can start waiting for fractal. in five Japanese candles from half a mountain. We must expect fractal action against course.
When a second candle appears after a fractal, you can mark the horizontal line according to the maximum or minimum, depending on what purpose you are aiming for
After that, it is necessary to switch to another period of time – H4. This sends a signal that you can be sure that there are no changes in direction and the analysis is performed correctly. If the cost is higher than the line, it means that you missed the signal and do not need to react to it.
Stop Losses and Take profit with two fingers
S no matter how many notudadings such as Stop Loss or Take Profit. Experienced traders advise to install the first local extreme in H4 or above the control candle during day D1.
Mites from position can only be used if OsMA to H4 crosses the in the opposite direction. D1.
Add-toe zone is used
on a longer hold of fixed transactions.
Sup made a two-finger trading strategy when Forex Traders Magazine first appeared forex-for-you.ru.