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    Gann Power System Forex Strategy

    Uploaded by

    allly
    This strategy uses the Gann Line and an MT4 indicator to generate trading signals for major currency pairs like EUR/USD, AUD/USD, GBP/USD, and USD/CHF. Buy signals occur when the price candle closes above a green Gann Line and the indicator is blue. Sell signals happen when the candle closes below a red Gann Line and the indicator is brown. Profit targets of 20-30 pips are recommended for EUR/USD on a 30-minute chart. Stop losses should correspond to the chosen time frame, such as 25 pips for a 30-minute chart. The strategy aims to earn profits from trades where it is right while limiting losses from losing trades.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Gann Power System Forex Strategy

    Uploaded by

    allly
    63 views1 page
    This strategy uses the Gann Line and an MT4 indicator to generate trading signals for major currency pairs like EUR/USD, AUD/USD, GBP/USD, and USD/CHF. Buy signals occur when the price candle closes above a green Gann Line and the indicator is blue. Sell signals happen when the candle closes below a red Gann Line and the indicator is brown. Profit targets of 20-30 pips are recommended for EUR/USD on a 30-minute chart. Stop losses should correspond to the chosen time frame, such as 25 pips for a 30-minute chart. The strategy aims to earn profits from trades where it is right while limiting losses from losing trades.

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    This strategy uses the Gann Line and an MT4 indicator to generate trading signals for major currency pairs like EUR/USD, AUD/USD, GBP/USD, and USD/CHF. Buy signals occur when the price candle closes above a green Gann Line and the indicator is blue. Sell signals happen when the candle closes below a red Gann Line and the indicator is brown. Profit targets of 20-30 pips are recommended for EUR/USD on a 30-minute chart. Stop losses should correspond to the chosen time frame, such as 25 pips for a 30-minute chart. The strategy aims to earn profits from trades where it is right while limiting losses from losing trades.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    63 views1 page

    Gann Power System Forex Strategy

    Uploaded by

    allly
    This strategy uses the Gann Line and an MT4 indicator to generate trading signals for major currency pairs like EUR/USD, AUD/USD, GBP/USD, and USD/CHF. Buy signals occur when the price candle closes above a green Gann Line and the indicator is blue. Sell signals happen when the candle closes below a red Gann Line and the indicator is brown. Profit targets of 20-30 pips are recommended for EUR/USD on a 30-minute chart. Stop losses should correspond to the chosen time frame, such as 25 pips for a 30-minute chart. The strategy aims to earn profits from trades where it is right while limiting losses from losing trades.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 1

    Gann Power System Forex Strategy

    The Gann Power System Forex Strategy

    This strategy has shown to work for all main currency pairs. However, I will personally
    recommend EUR/USD, AUD/USD, GBP/USD as well as USD/CHF since these are most
    liquid options. You may opt for any kind of time frame, based on your specific trading style.
    However, my personal preferences are M30 or M15 chart. In case you’re trading with shorter
    time frames, try to avoid trading activities in irregular market situations like late Fridays or
    early Asian session.

    Trading success denotes earning the best possible returns when the trader is right & losing
    out on as meager as possible while he is wrong. It’s the very essence of this kind of business.
    After all, trading is especially about the process of “pain taking” end of the day but many
    don’t realize this yet. It denotes the very process of bypassing greed, fear & mastering
    calmness. Here I am offering you a great strategy that will enable you to thrive in the market.

    Please see the chart here:

    There’re two powerful indicators which you have to watch. The good news is trading rules
    here are extremely easy.

    Buy Signal:
    -Wait till  price candle closes above Gann Line
    - Gann Line must be green
    -MT4 indicator must be blue

    Sell Signal:
    -Wait till price candle closes below Gann Line
    -Gann Line must be red
    -MT4 indicator must be brown

    Profit Target: Well, it will depend on your chosen currency pair for trading. if its EUR/USD
    on a 30M time, you can take to minimum 20-30 pips. Try the strategy given here on various
    pairs to find the best option before you plunge to trade live.

    Stop Loss- It all depends on your chosen time frame for trading. So for example, if there are
    25 pips, the time frame will be 30M.

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