200 pips daily profit
The 200 pips daily profit forex trading strategy is quite a simple strategy for beginners and expert traders. It is a very simple trading system but it needs some maintenance. You have to keep an eye on your charts on a daily basis and have to setup for trading. It also reduces the risk of overtrading. If you are aimed to get 200 pips on a daily basis then you have to use a specific indicator that helps you to get 200 pips daily profit. The best indicator for 200 pips is Exponential moving averages indicator also known as EMA.
What is Exponential Moving Averages?
The exponential moving average is a technical chart which is used to predict the price that needs to be investing in the market trend over time.This indicator gives more importance to recent price data. This indicator is also used to draw buy and sell signals in the market trend. This indicator also helps to know whether the market is in uptrend or downtrend. It says that when the price is below 200 EMA then it means that the price is in a downtrend and when the price is above 200 EMA then the price is in uptrend direction. This indicator is the best because it helps the traders in many ways. This indicator is available for short term as well as long term traders. This indicator is available for Meta trader 4 and 5 platforms.
The formula for EMA is:
EMA = Closing price x multiplier + EMA (previous day) x (1-multiplier)
HOW EMA DOES HELP TO GET 200 PIPS DAILY?
The EMA indicator helps to get 200 pips daily profit. It tends to acquire more profitable trade daily because this indicator is used to detect price actions, moving averages and momentum so this indicator can easily help to get 200 pip o daily bases. This indicator is also a special indicator for getting 200 pips daily because it uses specific time frames with specific currency pairs to trade better so that the traders can get healthy profits from their trade.
- When 25 EMA over 60 EMA and 100 EMA
- When 60 EMA over 100 EMA.
- Sit tight for the Robby DSS Forex oscillator to turn around over 20 from underneath.
- Sit tight for first Robby DSS blue spot.
- Purchase the cash pair at the open of the following candle.
- Spot stop beneath the latest swing low or 125 pips underneath passage (whatever starts things out).
Value objective: 200 pips
- When 25 EMA under 60 EMA and 100 EMA
- When 60 EMA under 100 EMA.
- Sit tight for the Robby DSS Forex oscillator to turn around under 80 from above.
- Sit tight for first Robby DSS red speck.
- Short the money pair at the open of the following candle.
- Spot stop over the latest swing high or 125 pips above section value (whatever starts things out).
Value objective: 200 pips