Forex Money Bounce Strategy is a trend trading strategy that takes reward of the trend momentum. Russ Horn is giving his second trading system as a gift. You can download Forex Money Bounciness Strategy 18 folio PDF, indicators and template as a gift. You can have a look at a screenshot of this Forex Money Bounce Strategy below.

Forex Money Bounce

In the above screenshot you tin run across how the Forex Money Bounce organization looks. As said higher up this is a trend trading system. It comprises of 3  moving averages and a price oscillator. The iii moving averages are 20 EMA, fifty EMA and the 100 EMA. When the 50 EMA is above the 20 EMA and the 100 EMA is above the l EMA, market is in a potent uptrend. Similarly when 20 EMA is above 50 EMA and 50 EMA is above 100 EMA, it ways the downtrend in the market is very strong. So only by looking at the organization screenshot you lot should have thought of the tendency in the market place.

Now we need to find opportunities to trade in the direction of the trend. Price oscillator is but a histogram of the difference of 2 EMAs, v EMA and 13 EMA just like the MACD histogram. When the price oscillator is green, it is a long signal. Similarly when the price oscillator is red, information technology is a short signal. Below is a screenshot that explains the long merchandise rules.

Forex Money Bounce

In the above screenshot, you can run into the three EMAs they are in an ascending social club. So this is the outset precondition for the long trade. 50 EMA is in a higher place 20 EMA and 100 EMA is in a higher place 50 EMA. The 2nd precondition for a long merchandise equally shown in the above screenshot is that price should retrace and touch 20 EMA and bounce from it. Nosotros will enter into a long trade when the cost oscillator turns green. Y'all will place the stop loss below the about contempo swing low as shown in the above screenshot. Accept profit should be the aforementioned as stop loss. Everything is explained in neat detail by Russ Horn in his 18 page Forex Money Bounce Strategy PDF.

Forex Money Bounce

In the above screenshot you can come across the brusque trade rules.For a curt trade, the iii EMAs should be in a descending order. 100 EMA should be above 50 EMA which should be to a higher place 20 EMA. Now as for the long trade, cost should go to a higher place and impact the twenty EMA and bounce from it below. Yous will enter into a short trade when the price oscillator turns red. Everything is explained in item by Russ Horn in his 18 page PDF. You lot should download it and go through information technology.

Forex Money Bounce

Now in the to a higher place screenshot you can see the market ranging. This is the time when yous should avoid opening a trade. Russ Horn gave his Forex Profit Ribbon Organization a few days ago every bit part of the launch of his main production Forex Equinox. You should download both these systems and exam them on the practice account and run across how good they are.

In the next few days, Russ Horn volition open the doors to his Forex Equinox system. This is his main system. You tin can win a gratis re-create of Forex Equinox by leaving a annotate that stands out from the crowd when yous download the two free systems that he is giving as gifts. Make certain you lot read the other comments beginning. This is going to requite you an idea as to what type of annotate you should make.

Risk management is the almost important thing in trading whether you trade forex, stocks, options etc. Don't endeavor to have also much risk. Reward to Risk is an important parameter that you should closely sentinel. On average try to have a Reward/Chance of 2:ane for each trade. This will ensure that you brand 2 times what you lose. So losing a few trades wont wipe out your account. This is what I do. I expect for trades that make 100-200 pips with a pocket-size 10-twenty pips stop loss. Suppose you lot tin can brand 100 pips with a small terminate loss of x pips. This gives yous a Advantage/Gamble of 10:1 which is fantabulous. If y'all tin can achieve this R/R, you can make tremendous pips. So focus on R/R and risk direction. Don't endeavour to open. trades that have big stop losses. Look for opportunities that give you small take chances trades that can brand 100-200 pips.

Another thing that y'all should exercise is ever use Limit Orders. This way you lot can enter the marketplace at a much better cost. Using limit orders will also free y'all from watching the charts all the time. Forex trading and binary options trading have many things in common. Both use the same technical analysis. This is what I do. I combine and trade forex and binary options together. Instead of scalping for a few pips, I trade 5 minute binary options while in forex I look for swing trades that tin brand 100-200 pips per trade with a small-scale stop loss of 10-20 pips. Swing merchandise can take a few days to develop so y'all should be patient. If you lot are impatient then trade one minute or 5 minute forex binary options.