rforraj

FOREX TRADING STRATEGY

Short
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
TF 30 min
SIGNAL 200 ema break
USE price action as well
PIVOTS Fibonacci
KEEP RR - 1:4 🎯
win rate - 70%

# note : wait for the pullback. If the candle is big enough... then no need to wait for pullback.
# keep SL a little above the entry candle
# the price respects the weekly fib pivots
# check for the overall trend on bigger tf - 1D , 4hrs
# avoid weak momentum trades , cuts in the range of 100 to -100 are good
# narrow weekly CPR act as good support n resistance
# cpr above 200 ema - SELL PROBABILITY
# cpr below 200 ema - BUY PROBABILITY
# cpr alongside 200 ema - SIDEWAYS TREND
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