Trend Power Strategy (Enjoy Free BONUS Chris Lori – Advanced Forex Tactics Webinar)
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Trend Power Strategy is an excellent tool for day and swing traders. My recommendation is to use H1, H4 and Daily time frame. I have been testing this strategy for a long time and I can tell you I’m more than satisfied with the results. The strategy achieves great results and I use it on a regular basis.
Trend Power Strategy Indicators
- Channel-signal
- FerruFx_Multi_info THV(2)
- Fibonacci Pivots THV
- Trend power curve
- Trend power visual
- and Template is included
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MANUAL TREND POWER.pdf
MANUAL TREND POWER.pdf
How to Trade Trend Power Strategy
Honestly speaking, if we pay attention to all indicators we could put tenths of rules for entering into position in this strategy. Picture below shows support and resistance, which are in my opinion irrelevant for entering into position; those levels could eventually be used for take profit.
Moreover, in the bottom left corner you can see indicator trend, which (if you ask me) might only complicate your decision on whether to open position or not. In the following graph you can see the signals which I would take as relevant for opening of position.
Basically, I’m waiting the price to reach the limits of Gravity Indicator Center (up or down) so I can open the position in that place after I get the signal (red or green arrow).
Example 1 – The price had reached the area of gravity indicator center and we received buy signal (green arrow). This is excellent for opening of buy position.
Examples 2 & 3 – The price is located in the area of upper border of gravity indicator center and we got sell signal (red downward arrow). This is an excellent precondition for opening of sell position.
Examples 4 & 5 – Identical to examples 2 & 3 but conversely. Excellent signals for opening of buy position.
Avoid fake signals
Signals which appear in central part of gravity indicator center are those which I would avoid. The reason for this is the fact that side-way trend or reversal trend are going to appear in that area. Mid line of gravity indicator center can be used as a take profit. Graph below shows which of the signals I would not use to trade (they are marked in green circles).
I have just opened USD/GBP currency pair. Take a look at the chart.
Currently, example 7 shows an excellent sell signal.
I hope you understood how simple this Forex strategy is for trading. However, if you find something unclear, don’t hesitate to write questions in comments or to email me.
BONUS:Chris Lori – Advanced Forex Tactics Webinar
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BONUS Chris Lori – Advanced Forex Tactics Webinar
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Serving Professional Traders Since 2008
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