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What I recommend: An
innovative trading signal software, try it for yourself.
A quick snapshot
of the software can be seen above.
A. Step 1: You
enter the last 10 closing prices of the last ten periods. The
last ten periods could be 5 min, 15 min, 30 min, 1 hour, 4
hours, 1 day or 1 week. The last price entered should be market
price. These are for short term signals. Long term signals will
be discussed in a later post on myFXreport.com.
B. Step 2: You
choose the time frame where you took the above data. You choose
the currency. Forex Killer works on many currency pairs like
EURUSD, GBPUSD, USDJPY, USDCHF and many other crosses too,
including GOLD. Then you choose the market, where it could be
forex, spot, futures, etc... The software is very flexible that
it handles many time frames, currencies and markets.
C. You set your
stop loss and take profit. By default it is 70 and 140. However,
if you use money management, then you can change these to suit
your money management ranges. For example, how much are you
risking in order to obtain a certain amount of profit.
D. You press
calculate, and in several seconds you get a BUY SIGNAL or SELL
SIGNAL , or NO SIGNAL.
E. According to
your own trading style, or risk style, and looking at the
probabilities of buy and sell, you should decide to take the
signal or not. For me, I only choose signals with high
probability of more than 70%.
It is an straight
forward signal generator software for short and long term
signals.
Get Forex Killer Now!
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