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Description
Fx Renewal
I would recommend demo trading this strategy for at least two weeks or longer until you have total confidence and have mastered the setup of the system. Don’t trade this system live until you have 50 consecutive positive trades.
The Forex Renewal Strategy is based on a 15 minute time frame. The idea is to take high percentage trades whereby we can be 100 percent certain it will be a winner.
Any currency pair can be used where there is volatility. I watch the GBP/USD, USD/JPY, and EUR/USD looking for the best setup.
The goal is 20 or more pips, but you are allowed to take less.
We are going to use the 15 minute time frame
This strategy can begin at 08:15 EST. Your entry will be after 08:45. Always have a 60sma to determine the trend, support or resistance
Put up a 21ema and a 5ema
A really good trade will show the 5 crossing the 21 and both crossing the 60. Or a buy/sell signal on the MACD.
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