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Wednesday, June 26, 2013

Forex trading strategy for EUR/USD

Currency pair: EUR/USD.

Time frame: 30 min.

Indicators: MACD (12, 26, 9), Parabolic SAR default settings (0.02, 0.2)
Entry rules:

When Parabolic SAR gives buy signal and MACD lines crossed upwards buy.

When Parabolic SAR gives sell signal and MACD lines crossed downwardssell.

Exit rules:
Exit at the next MACD lines crossover or if the market starts trading sideways for some time.

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