I called it 123 MW because the 123 patterns shaped like an ‘M’ or ‘W’, and this chart pattern is the core of this systemstrategy. In fact, not only in forex charts but you can find it in stocks, commodities and other financial assets. These chart patterns are very easy to find and you can find them all over the place at all time frame.
I even suspect that this pattern is “the core” of many other chart patterns found by the experts. It’s really great … The Rules of 123 MW Forex System. Time Frames And Money Management Entry Rules Stop Loss Rules Profit Target Rules. You can apply this system on any time frames on the practice. Just want to let you know and maybe bit to remind most profitable forex robot in the world you, on a smaller time frame the price action will be much more choppy and you’ll feel much more rush. However, on a bigger time frame you’ll feel more relax, but you’ll have a bigger stop-loss and a bigger take profit point. I recommend you not most profitable forex robot in the world to risk more than 2% of your trading account per one trade. But that depends on most profitable forex robot in the world how much money on your account, sometime most profitable forex robot in the world I risk 2% sometime 5%.
Most profitable forex robot in the world Setting are.When you have 1 million dollars on your forex account then there’s no reason to put more than 2% risk per trade. 123 MW forex robot no loss Forex System – Entry, Stop Loss and Take Profit Rules. It’s a simple forex trading system, but it most profitable forex robot in the world is highly profitable and the best part is I give it to you free. If you see the picture above, the entry signal most profitable forex robot in the world is at the break of the number 2 point and the stop-loss is slightly belowabove forex the robot most forex expert advisor 2020 world in profitable the number 3 point, it’s easy right?? Well, there are several options to put your profit forex in robot the profitable world most point. Some “gurus” teach people to put the target profit with a Fibonacci calculation.
Calculatecount the range between point 2 to point 3, if the range is 50 pips then most in the world robot profitable forex your target profit is also 50 pips, that is option number one. The second profit target option is by multiplying your target profit point to 1. And the thirdlast option is to let it best forex ea in the market go and wait until the chart show us an endingweakeningreversal pattern.
Save your most robot the profitable forex world in selecting “Modify” from the context menu reaches to 30pips from open position, the SL is still the "A+20" position. The results will elliot Wave, Neural networks, artificial intelligence.Most profitable forex robot in the world The best.
You may put 70 pips and 55 pips as a reasonable target profit, and your stop-loss below the number 3. Again, You can see from the picture above that the price action move up about 92 pips. Yes it went down but it never touched your stop-loss. By the way the gold-colored zigzag lines is zigzag fractals indicator and the blue top ten forex trading strategies and red dots are fractals. With these two most profitable forex robot in the world forex indicators it will make you easier to recognize the price action. The above example is eurousd 30 minutes chart on may 20th, 2011. Go on open your forex trading platform and check them out. The 123 patterns did not happen after bullish or bearish trend only, most profitable forex robot in the world it also occurs after neutralflatsideways trend. 123 MW Forex System is The Best Forex SystemMethod.
Most profitable forex robot in the world Real-time.123 MW forex system has a great profit most profitable forex robot in the world and loss ratio. 123 MW forex system can be applied on any time frames. 123 MW forex system can be developed into your own forex trading system and style. (some people even use this pattern as a scalp most profitable forex robot in the world breakout forex trading system too). I don’t know who was the first discover it, but i know this pattern has been used by professional traders since the beginning of the stock exchange as the basis of technical analysis to predict the end of a trend.
Even somebody made an e-book and sell it on the net. To develop this trading system to become a perfect forex trading system i really recommend you to read my earlier post on various chart patterns such as flag and pennant, triangles,double top and double bottom, head and shoulders, broadening top and finally the most important one is how to define the trend.