Hi,
This is Rupesh, new to forex I have very simple a strategy ... I would like you to check at your end and let me know your view and suggestions .....
Currecy Pair :- EURUSD, GBPUSD, AUDUSD, USDCHF (till time I have tried with these pairs)
Time frame :- 15 min , but preferable with H1
Indicator :- Boilinger Band, SMA5, RSI14, RSI5, FIBOPivot
If the price candle(green candle) cuts from below SAM5, below Boilinger Bans's centre line its a LONG call and TP is around 40 pips, and if price candle (red candle) cuts SMA5 from above, above Boilinger band'd centre line, its sure SHORT call and TP is around 40 pips. No need of SL.
Thanks,
Rupesh
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