The Iron Wonder Strategy – Long Term Forex Trades

STRATEGY NAME – The Iron Wonder Strategy – Long Term Forex Trades

FOR USE ON – FOREX

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RULES –

Buy Rules:

  • 25 EMA above 60 EMA and 100 EMA.
  • 60 EMA above 100 EMA.
  • Wait for the Slick_Osci Forex oscillator to turn back above 20 from below.
  • Wait for first Slick_Osci blue dot.

Buy the currency pair at the open of the next candlestick.
Place stop below the most recent swing low or 125 pips below entry (whatever comes first).
Price objective: 200 pips

Sell Rules:

  • 25 EMA below 60 EMA and 100 EMA.
  • 60 EMA below 100 EMA.
  • Wait for the Slick_Osci to turn back below 80 from above.
  • Wait for first Slick_Osci red dot.

Short the currency pair at the open of the next candlestick.
Place stop above the most recent swing high or 125 pips above entry price (whatever comes first).
Price objective: 200 pips

SCREENSHOTS – 

Iron Wonder Forex Long Term Strategy

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