FOREX HIGH ACCURATE 100% NO REPAINT Ultimate Pro Scalping INDICATOR FOR MT4
FOREX HIGH ACCURATE 100% NO REPAINT Ultimate Pro Scalping INDICATOR FOR MT4
Course Detail
Salepage: FOREX HIGH ACCURATE 100% NO REPAINT Ultimate Pro Scalping INDICATOR FOR MT4
Time Frame 5 min
Currency pairs:GBP/USD, EUR/JPY, EUR/AUD, EUR/NZD, NZD/USD, GBP/JPY, GBP/CAD , EUR/USD, USD/JPY. Gold, OIL, S&P 500, Nasdaq 100, Nasdaq tech, Dow,
Metatrader Indicators:
Ultimate Pro Scalper.
Equinox CCI, 50 period, close.
Pivot points levels.
Trading rules Ultimate Pro Scalping with CCI
Buy
When the Ultimate Pro Scalper indicator pops up a green signal dot that is aligned somewhat below the candlesticks.
Eqinox CCI is above zero line.
Exit buy trade: the Ultimate Pro Scalper indicator triggers a red signal dot, at the level of pivot point. Place initial stop loss on the previous swing low.
Sell
When the Ultimate Pro Scalper indicator pops up a red signal dot that is aligned somewhat above the candlesticks.
Eqinox CCI is below zero line.
Exit sell trade: the Ultimate Pro Scalper indicator triggers a blue signal dot, at the level of pivot point. Place initial stop loss on the previous swing high. In the pictures Ultimate Pro Scalping with CCI in action.
What is forex?
Quite simply, it’s the global market that allows one to trade two currencies against each other.
If you think one currency will be stronger versus the other, and you end up correct, then you can make a profit.
If you’ve ever traveled to another country, you usually had to find a currency exchange booth at the airport, and then exchange the money you have in your wallet into the currency of the country you are visiting.
Foreign Exchange
You go up to the counter and notice a screen displaying different exchange rates for different currencies.
An exchange rate is the relative price of two currencies from two different countries.
You find “Japanese yen” and think to yourself, “WOW! My one dollar is worth 100 yen?! And I have ten dollars! I’m going to be rich!!!”
When you do this, you’ve essentially participated in the forex market!
You’ve exchanged one currency for another.
Or in forex trading terms, assuming you’re an American visiting Japan, you’ve sold dollars and bought yen.
Currency Exchange
Before you fly back home, you stop by the currency exchange booth to exchange the yen that you miraculously have left over (Tokyo is expensive!) and notice the exchange rates have changed.
It’s these changes in the exchange rates that allow you to make money in the foreign exchange market.
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