Horde Forex System Trading policy - PowerPoint PPT Presentation

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Horde Forex System Trading policy

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Horde Forex System Trading policy presented by The Forex Secret – PowerPoint PPT presentation

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Title: Horde Forex System Trading policy


1
Horde Forex System Trading Strategy
  • The Forex Secret

2
The System of Horde Forex
  • A smart trading system is a must when you are
    aspiring to be a highly successful trader.
  • The next step for you is to learn the system as
    well as follow it religiously.
  • The system that will be explained here is
    especially useful for short-time Forex traders.
  • Its for those who dont have hours to spend
    before computer and want a quick solution.

3
The System of Horde Forex
  • After you have copied the needed files as well as
    run the MT4,
  • you will have to open up a currency pair. It
    could be anything, ranging from GBP/USD to
    EUR/USD.
  • Now, you will set time frame of chart to around
    5M and then simply apply template

4
The System of Horde Forex
  • Before delving deeper into further details, you
    must remember some crucial rules to ensure a
    smooth profitable trading. Irrespective of your
    chosen currency pair strategy, these rules are
    the golden rules to keep in mind for profit.

5
The System of Horde Forex
  • Now, lets delver deeper into this trading
    strategy-
  • Look at the chart. You can see up down arrows
    on it. These are the trading signals. However,
    you cant follow these signals blindly. You will
    need Moving Averages (MA) cross-over for
    confirming the direction.
  • Thus, basically, you will go for long (buy) if
    red Moving Average line comes over blue Moving
    Average you will see yellow arrow.
  • You will go for short (sell) if red Moving
    Average line comes below blue Moving Average
    you will see pink arrow.

6
The System of Horde Forex
  • Check out the chart given here
  • You can see yellow arrow yet red Moving Average
    line seems to be blue line. In such situations,
    you will wait for red line to plunge over. As it
    happens, you will go long.
  • Its a fake signal since the red line did not go
    under blue line.
  • If every condition is being met, you will go
    long.
  • We received pink arrow we also saw the red MA.
  • Another fake signal and thus we did not open a
    position as the MA plunge-over just didnt happen.

7
The System of Horde Forex
  • 6. Red MA.
  • 7. Once again, a fake signal yet our MA
    plunge-over filter seems to be guarding us from
    fake signals.
  • 8. Sold!
  • 9. We saw yellow arrow. When red MA linegtblue MA
    one we took too long position.
  • Always remember, its a form of scalping system.
    Thus, our Stop Loss is around 10 pips while Take
    Profit is around 10 pips.

8
Thank You
  • The Forex Secret
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