Super Forex System

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SUPER FOREX SYSTEM
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Copyright 2008 SuperForexSystem.com. All rights reserved.

Super Forex System
Copyright:
The material in this manual is property of SuperForexSystem.com.
This material cannot be copied in part or in whole without the express
written permission of SuperForexSystem.com. Anyone who attempts
to alter this material without the permission of
SuperForexSystem.com, will be prosecuted to the fullest extent of the
laws and will be liable for reimbursing SuperForexSystem.com for all
lawyers and court fees.
Disclaimer:
There is a very high degree of risk involved in trading. In any market
where a potential for profit exists, there exists also a risk of loss.
Forex trading is a risky business.
You should never trade with money you cannot afford to lose. None
of the information on our website nor any information or education
provided to the client by any means assures that the client will make
money in the Forex market.
Although every effort has been made to assure accuracy, the authors
and publishers can assume no responsibility for errors or omissions.
Neither the author nor the publisher will be responsible for the use or
misuse of the information contained herein. Examples are provided
for illustrative purposes only and should not be construed as
investment advice or strategy. It is not intended as professional
advice or a recommendation to act. Before engaging in any activity
mentioned in this ebook, seek the advice and consultation of a
competent professional.
Past performance is not indicative of future results.
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Super Forex System
Index
Index 2
Introduction 3
The Best Hours To Trade Forex 4
Trendlines 6
Pivots 15
Awesome Indicator 24
Major News 32
Extreme Volatility 41
Consolidation Failure 51
Channel 61
The Real Breakout 70
2 Days Breakout 79
5 Days Breakout 88
Special Breakout 95
MACD Divergence 105
Pennant Failure 114
Reversal Candle 122
Double Tops and Double Bottoms 126
Timeframes 137
Resources 140
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Super Forex System
Introduction
Within this course, you will find the 16 most profitable

strategies that professional traders use every day on the
Forex market.
Read this course carefully in order to get a good knowledge
about all the different trading systems and techniques.
There are plenty of good trading systems, and in this
course, youll know different trading systems that you can
apply in different occasions and in different currency pairs.
At the end of this course youll know how to trade profitably
under any market condition.
Finally, at the very end of this course, you can access
several resources like brokers, charts and informational
websites which are always handy.
Enjoy the journey.
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Super Forex System
The Best Hours To Trade Forex
Since the Forex market is open 24 hours a day, a trader

cant track every single market movement. Its crucial for a
trader to know when he can expect high volatility so that
he can implement his strategy on the most effective way.
The Asian Session (7PM - 4AM EST) During this period,

you can successfully day trade especially if you trade the
Japanese Yen. USD/JPY is a good choice if you plan to trade
on this session. This period is not as volatile as the US or
the European sessions, but its possible to trade it and
achieve a good performance.
The European Session (2AM 12PM EST) This is one of

the best periods to trade Forex. Since most of the dealing
desks of large banks are located in London, the majority of
major Forex transactions are completed during this session.
During this period you can implement a successfully
strategy on any currency pair.
The U.S. Session (8AM 5PM EST) This is another great

period to implement your Forex strategies. Volatility is good
and you can expect good volatility on any currency pair.
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Between 8AM and 12PM EST we have the U.S. and the
European sessions at the same time. This is the best time
of the day to trade Forex. Volatility is good in all currency
pairs. Some of the most important economic releases occur
during this period, and this brings good opportunities to
Forex traders almost every single day.
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Trendlines
Trendlines are one of the most simple and powerful tools of

technical analysis. They are constructed by connecting a
series of peaks and troughs. We may have uptrends, when
we have continuously higher highs and higher lows; and
downtrends, when we have continuously lower highs and
lower lows.
Sometimes, it is possible to draw another line parallel to
the trendline forming an uptrend channel, or a downtrend
channel.
You can draw trendlines in any timeframe you want. But
like other patterns, the trendlines are more reliable when
they are drawn in longer timeframes.
Here are several examples of trendlines.
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Example #1 Uptrend:
On this chart, you can see a good example of an uptrend

channel.
In this case, there are 2 parallel lines that form an uptrend
channel. Point 1, is the point where we can draw the lower
line, because a trendline can be drawn only when you have
2 points to connect. This was the case, so, we should draw
the first line. At point 2, although the price doesnt touch
the line, it stays near to it. If you notice, we have a higher
low at this point. At point 3, the price touches the line and
we have an higher low than on point 2. Points 2 and 3 are
great buying opportunities, with the higher uptrend line as
a target, and a tight stop loss just below the lower uptrend
line. Looking at point 4, we can see that this area
represents a resistance for the price. If you look at the
chart, you will realize that this point is where we can draw
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the higher uptrend line. At point 5, the price touches the

higher uptrend line representing an extraordinary
opportunity to exit your long positions with a profit.
The price tends to stay between these two lines while the
uptrend is in place. When the price breaks below the lower
uptrend line (or above the higher downtrend line in a
downtrend channel) the trend usually reverses and the
price movement is usually strong.
Example #2 Uptrend:
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Trendlines are not a complete trading system by

themselves; they simply help you to find out more easily
where the price is going to. You shouldnt base your trading
decisions solely on trendlines, although they are quite
useful.
In this example, you can see an uptrend channel. As you
already know, in these cases, we are going to have higher
highs and higher lows. So, this is a good time for entering
on long positions. The best entry point you can have is the
Major opportunity to buy area on the above chart. You
should sell your position once the price touches or gets
close to the upper parallel line. This will give you a nice
profit with a very limited stop loss.
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Example #3 Uptrend:
In this GBP/USD 4 hour chart, there are three different

lines. The line that is drawn in the middle is simply the
middle of the channel.
On point 1 we have a higher low and we can draw this
uptrend line. On point 2, the price approached the uptrend
line so it is a good opportunity to buy. Notice that the price
didnt exactly touch the trendline but stayed in the area
providing you with a good buying opportunity. On point 3,
we reached a higher high and we can draw the higher
uptrend line forming the uptrend channel. On point 4, the
price reaches the upper trendline, giving you a great
opportunity to exit the trade with a great profit.
In this case, a good buy opportunity could be at point 1 and
you should exit the trade at point 3. Another buying point
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could be at point 2, with an exit signal at point 4, when the

trendline was broken.
You can use the uptrend line in the middle of the channel to
have additional entry points when the price touches this
line. If you notice, this line represents a good support and
resistance area, so you can profit from it. However, if you
buy around this area, your stop loss will be higher
(considering you use your stop loss below the lower
uptrend line). The advantage of using this middle line is
that you will have more trading signals. Sometimes, in a
strong uptrend, a currency pair doesnt reach the lower
uptrend line very often. If you buy on this middle line, you
will be able to catch more trades.
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Example #4 Uptrend:
This 15 minutes chart shows you that trendlines can even

be useful in smaller timeframes. By looking at this chart,
you can see a Buy Zone, which is when the price reaches
the area or touches the lower line, as well as the exit zone,
which is obviously the opposite. You should exit your long
positions when the price reaches the area or touches the
upper trendline.
If you use smaller timeframes on your trading, like 5

minutes or 15 minutes, youll be trading for smaller profits.
So, in that case, you shouldnt use the middle channel line
for buying points because if you do so, you will have a poor
risk reward.
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Example #5 Downtrend:
We are now going to look at a downtrend. As you already

know, a downtrend has lower highs and lower lows.
Point 1 refers to the first opportunity that you have to short
sell. In this case, you should enter the trade when the price
is in the area or touches the higher downtrend line. You
should exit the trade at point 4, where the price is in the
area or touches the lower line. Points 2 and 3 represent
other good opportunities to short sell GBP/USD. You should
exit these positions at point 5.
When the price crosses above the downtrend lines or below
the uptrend lines, the trendline or trend channel is violated.
Usually, this situation brings big movements since a new
trend emerges. After point 5, there has been a breakout of
a downtrend channel, from where a new trend emerged. As
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you can see, you can use channels to trade between the
lines and to catch the new trend when a breakout occurs.
Example #6 Downtrend:
As you can see by looking at this chart, when you are at

the top of a downtrend channel, you should only enter in
short sell opportunities. The moment to cover them is when
the price touches or is in the area of the lower downtrend
line.
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Pivots
For any market, there is an equilibrium point around which

trading activity occurs. In the absence of large numbers of
new buyers or sellers, this point serves as the pivot or focal
point for market makers as they adjust their bids and
offers. When prices move away from the pivot, there are
zones of support and resistance that can be derived from
the established value area in the market. Penetration of
these zones leads to perceived changes in valuation and the
entry of new players into the market.
The pivot point and its support and resistance pairs are
defined as follows:
Pivot Point (P) = (H+L+C)/3

First resistance level (R1) = (2*P)-L
First support level (S1) = (2*P)-H
Second resistance level (R2) = P+(R1-S1)
Second support level (S2) = P-(R1-S1)
where H, L, C are the previous days high, low and close,

respectively.
If either of these first levels is penetrated, off-floor traders

are attracted into the market. These breakout levels then
usually reverse their function and serve as test points, i.e.,
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previous resistance becomes support or previous support

becomes resistance. The range of trading has expanded
and if a second support or resistance level is breached then
longer term trades will be attracted.
The valuation parameters used by market makers can be
calculated with the simple formulas above. Knowledge of
the levels at which different types of traders enter the
market can help in determining when a shift in valuation by
the locals has occurred.
As with traditional technical analysis, should these levels
fail then the second levels will come into play. If this next
support and resistance band fails then a new influx of
players will come in and likely start a trend in motion.
Market makers regularly take the market up and down
within their value range so orders placed within it are likely
to be executed. This can cause a problem as whipsaws can
occur. However, by placing stop orders outside this range it
is more likely that a trend emerging from the local noise
of the market can be captured.
Some charting packages, like Intellichart, allow you to draw

pivots automatically; although, in other charting packages,
pivots arent included. If thats the case, you can easily
build a simple pivots calculator on Excel (using the formulas
provided above), or search on Google for a free one.
Lets take a look at some practical examples.
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Example #1:
As you can see in this GBP/USD 5 minutes chart, the blue

lines represent the support lines, and the red line
represents the resistance area.
The line at 1.9063 is the first support level (S1); the one at
1.9077 is the first resistance level (R1); and the other one
at 1.9038 is the second support level (S2). The points 1, 2
and 3 show us clearly that prices are facing some
congestion area. Notice that only the shadows of the
candlesticks have penetrated the S1 line. At point 1, the
prices are going down from R1 to S1, but they remain
above this last line, so S1 is acting as a strong support.
Then, they try to cross it down and they do that but not
without two different retracements to the points 2 and 3. It
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is easy to see that S1 is now acting as a resistance, so you

can expect prices to fall to S2. Again, only the shadows
surpass the line. At point 3, sellers gain strength and the
price goes down to the S2 area.
You can clearly see that these lines represent strong
support and resistance areas. This is why they give you a
great assistance in order to choose the best stop losses and
targets.
Example #2:
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In this GBP/USD 5 minutes chart, you can see three lines:

one at 1.8975 (the blue one) which represents the first
level of support (S1), another one at 1.9025 which
represents the first level of resistance (R1), and the last
one at 1.9055 which represents the second level of
resistance (R2).
As you can see, the prices were moving up from the S1
area until they touch the R1 line. At this point, GBP/USD
faced a resistance, and retraced. After that, GBP/USD
started to go up again; this time it passed the R1, retraced
again to the area below R1 but above the price reached on
the first retracement, and started to go up again. This time,
the prices went to the R2 area and then came back to the
R1 again.
As you can see, at first, R1 acted as a resistance and then,
when the prices reached R2, it acted as a support. This is
how pivots usually act.
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Example #3:
In this GBP/USD 5 minutes chart, you can see two lines:

the first one is the first level of support (S1) at 1.9030, and
the second one is the second level of support (S2) at
1.8991. As you can see, the prices were moving down until
they touched the S1 area. They stayed there for awhile,
trying to cross the line down. It wasnt easy, because this
S1 represents a strong support area. When they succeeded,
the prices went from the S1 to the S2 in a very short period
of time. This happened because between S1 and S2 there
werent any support points. They crossed this line down,
retraced again to the area of support, and continued to go
down in direction to the S3.
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It is easy to see in this chart that prices usually have some

difficulties to cross support lines (S) and resistance lines
(R). Prices usually move much faster when they dont face
these support and resistance lines.
Example #4:
In this GBP/USD 5 minutes chart, you can see three

different lines: the first one is the first support level (S1) at
1.8070, the second one is the first level of resistance (R1)
at 1.8152, and the third one is the second level of
resistance (R2) at 1.8204.
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As you can see in this chart, prices were oscillating around

the S1 area. Prices were facing a strong support, until they
managed to reach R1. They have crossed above the line
but retraced back. At this moment, R1 is acting as a
support, pointing for higher prices and a good target at R2.
As expected, prices gained strength and jumped until they
reached R2. As you can see, R1 started to act as a
resistance area and then began to act as a support area.
This gives you an idea of what should happen and where
the trend may face a strong resistance.
Example #5:
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Super Forex System
In this GBP/USD 5 minutes chart, prices were oscillating

above the first line at 1.8051, which is the first support
level (S1). Once the prices crossed down this line, they
retraced back to it; so, S1 is now acting as a strong
resistance. Then, prices started to go down to the second
level of support (S2), which is at 1.8006. The pair retraced
and then moved down until it reached the third level of
support (S3), at 1.7963.
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Awesome Indicator
This indicator is displayed below the chart and is one of the

most powerful indicators you can use. It is very reliable and
very intuitive even if you have never seen it before.
There are plenty of charting packages that offer the
awesome indicator. On Super Forex System I used Fxtrek
Intellichart. Intellichart comes with the awesome indicator
and has 2 different versions: The online version (costs $50
per month) and the desktop version (costs $100 per
month). You can read more about them at
http://www.fxtrek.com/Members/signup.asp.
Metatrader is another charting platform that comes with the
Awesome indicator. Their website is at
http://www.metaquotes.net/. This is a free trading platform
and you can download it at
http://www.metaquotes.net/terminal .
There are plenty of brokers that also offer this platform for
free even on demo accounts. So, if your broker doesnt
offer you good charts, you can set up a demo account on
other broker in order to get a top charting platform for free.
Here are some brokers where you can use Metatrader on a
demo account for free:
http://www.alpari.co.uk/
http://www.westcapfx.com/
http://www.interbankfx.com/
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The Awesome indicator appears as an histogram and has

two colours red and green. When the indicator is red, it
means that the indicator decreased; when it is green, it
means that the indicator increased.
This indicator is a great tool to spot tops and bottoms, so
its a good idea to use it especially for that. It helps you to
confirm trades generated by other techniques and you can
also use it as a trading system.
If you use this indicator as a trading system, you will
always be in a trade. This means that, for example, if the
indicator gives you a buy signal, you enter in a long
position. As soon as it gives you a sell signal, you exit the
long trade and, at the same time, you enter in a short sell
position.
Usually, when the Awesome indicator is below the
centerline (0) and turns green, that means that a rise in
prices can be near. When the indicator is above the
centerline (0) and turns red, that usually means that prices
can be in or near a top.
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Example #1:
In this GBP/USD 15 minutes chart, you can see that prices

are moving down as well as the Awesome indicator.
When the price starts to fall, the indicator is falling too (at
this time, the indicator is red). Once the indicator turns
green, this means that the bottom, both on prices and in
the indicator, might have been reached. This is a good
buying opportunity. If you look at the chart you can see
that when the price starts to go up, the indicator is moving
up as well. It is green and is also crossing up the
centerline. Once the Awesome indicator is above the
centerline and turns red, this means it is time to exit your
position. In this specific case, the prices were quiet for a
long time but you were not stuck with the position. The
Awesome indicator has done a great job catching the
bottom and telling you when the rally was over.
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Example #2:
In this GBP/USD 15 minutes chart, it is signalled the top

and the bottom of the Awesome indicator.
If you look carefully at the chart, you see that prices are
moving up as well as the Awesome indicator, until this one
reaches a top. You can see that the Awesome is clearly
above the centerline and is turning red. This is where you
should enter your short sell order. After entering the trade,
you need to closely monitor the indicator. You will only exit
your position (cover the short) when the indicator is below
its centerline and turns green. As you can see, this happens
where it is written Bottom. At this specific point, you
should cover the short and, at the same time, enter in a
long position.
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Example #3:
The Awesome indicator can be used on any timeframe you

prefer. For example, here you can see a GBP/USD 1 hour
chart.
At the Bottom you can clearly see the Awesome indicator
below the centerline and turning green. This triggers a buy
point. After entering the trade, you should monitor the
Awesome indicator, so that you can exit your trade when
the indicator turns red above the centerline. This happens
on the Top area. The profit for this trade alone was more
than 100 pips.
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Example #4:
Entry: Short Sell GBP/USD at 1.8973

Exit: 1.8850
Profit: 123 pips
On this GBP/USD 1 hour chart, you can see that the

indicator is above its centerline. This means that you should
be looking for a short sell opportunity. This happens when
the indicator turns red, when it still is above the centerline.
In this case, you should place a short sell order at 1.8973.
After entering the trade, you should wait for the Awesome
indicator to cross down its centerline and turn green. This
happens at 1.8850, the point where you should cover your
position, with a profit of 123 pips.
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Example #5:
Entry: Buy GBP/USD at 1.8802

Exit: 1.8963
Profit: 161 pips
Entry: Short Sell GBP/USD at 1.8963

Exit: 1.8880
Profit: 83 pips
In this GBP/USD 1 hour chart, since the Awesome indicator

is below its centerline, we should wait until it turns green to
enter a buy order. You should place you entry order at
1.8802. After entering the trade, you should wait for the
Awesome indicator to cross up its centerline, and only after
that, prepare yourself to exit this trade when it turns red.
You should exit the long position and enter on the opposite
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position at 1.8963. This has given you a great profit of 161

pips and you are already in another trade but, this time, in
a short sell. After entering in the second trade, you will
want to see the Awesome indicator to cross below its
centerline and turn green. This happens at 1.8880, the
point where you should cover the short sell and place a new
buy order at the same time. This second trade just gave
you more 83 pips.
This example shows you the power of the Awesome

indicator. Its no holy grail but it really helps you to catch
tops and bottoms.
This is an extraordinary indicator that you can use as a
trading system, or that you can use in other strategies to
confirm your trades, and to have good exit points. If you
use it as a trading system, you can use a stop loss to cut
risks. It can be a fixed stop loss (for example, 30 pips) or a
stop loss based on pivots.
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Major News
In Forex, as in other financial markets, there are always

numerous news and events all the time. Besides, as Forex
markets are open 24 hours a day, more news come out
from all the countries around the globe.
Some of these news and events cause more volatility than
others. When an important economic event is released, we
expect great volatility, and with that we expect a good
opportunity to make a good profit.
The news/events that we are going to monitor more closely
for this strategy are the ones that have more implicit
volatility.
The Rules:
The news and events that cause major volatility in the

Forex markets are the payrolls and the FED interest rate
decision announcement. These are the only events from
which you can expect huge volatility almost all the time.
You will need to enter a buy or short sell order one hour
before these major events because Forex brokers do not
assure you that the orders can be filled. If you try to insert
an order only a few minutes before the news come out, you
may not be able to enter it at the price you want.
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In this strategy, you will place 2 different orders. The buy

entry order will be placed 10 pips above the high of the day
and the short sell order will be entered 10 pips below the
low of the day.
One thing that has a major importance for this strategy is
the stop loss order. You must place a stop loss order of 50
pips in each one of the orders. As there is abnormal
activity, if the currency pair doesnt go the way you want,
this is the highest risk you are taking, while your profits can
often be more than 100 pips. This is a terrific risk-reward.
After entering the trade, you will use the Awesome
indicator to tell you when to exit the trade. You will exit the
trade if your stop loss is reached, or if the Awesome
indicator gives you an exit signal.
As this strategy is basically based on high volatility periods,
if after 2 minutes of the news are released you dont see
any abnormal volatility, cancel the entry orders at once. Do
not waste time. These news and events cause such
movement that sometimes prices start to move rapidly
some seconds or minutes before the due time for the event
release.
For this strategy, you should use 15 minutes charts.
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Trade #1 Long Position:
Entry: Buy EUR/USD at 1.2825

Stop Loss: 1.2775
Exit: 1.2887
Profit: 62 pips
According to this strategy, we will place two different

orders. The buy order will be placed 10 pips above the high
of the day at 1.2825 , and the short sell order will be
entered 10 pips below the low of the day. We will also enter
a stop loss order of 50 pips on both orders. If your broker
doesnt allow you to place an order during news releases,
you must insert your order 30 to 60 minutes before the
news release.
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After entering on one trade, in this case the long position,

you will automatically remove the other order that was not
filled.
You must follow the Awesome indicator closely because it
will tell you the best time to exit the trade. You will close
your position at 1.2887, when the Awesome indicator is
giving a downtick (it turned red).
In less than 2 hours, you just booked a profit of 62 pips
This is what abnormal activity is all about.
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Stop Loss: 1.8890
Exit: 1.9088
Profit: 148 pips
In order to follow this strategy, you need to place two

different entry orders one for long and another one for
short. The buy order is going to be placed 10 pips above
the high of the day, at 1.8940. The short sell order will be
entered 10 pips below the low of the day. Depending on the
broker you are using, these orders must be entered up to 1
hour before the news released. Do not forget to put a stop
loss order of 50 pips, again, for the two orders.
If your order is not filled 2 minutes after the news release,
remove your orders immediately. Sometimes, the
movement that we were expecting doesnt happen. So, it is
better to look for another trade elsewhere.
Once you enter in one of the two orders, remove the other
one.
After entering on the long side, you should monitor the
Awesome indicator which will tell you when to exit the
trade. When the indicator turns red or gives a downtick ,
it is time to exit the trade. In this particular case, you
should sell at 1.9088, with 148 pips profit.
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Stop Loss: 1.8386
Exit: 1.8515
Profit: 79 pips
The horizontal line in this GBP/USD 15 minutes chart

represents the price at which we are going to place our buy
order (10 pips above the high of the day). We will also
enter a short sell order 10 pips below the low of the day.
Do not forget to place a 50 pips stop loss for both entry
orders. You may think this stop is too large but in extreme
volatility days, you should use this kind of stop. You can
adapt a different stop loss if you prefer to.
After entering the trade, you should pay attention to the
Awesome indicator. If you check the chart, you see that
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this indicator turns red at 1.8515. This is where you exit

your position, with 79 pips profit.

Stop Loss: 1.8648
Exit: 1.8829
Profit: 131 pips
In this GBP/USD 15 minutes chart, we will enter a buy

order 10 pips above the high of the day, at 1.8698 as well
as a stop loss of 50 pips below our entry point, at 1.8648.
We will also enter a short sell order 10 pips below the low
of the day with a stop loss of 50 pips above our entry point.
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After entering in the long position, at 1.8698, you should

monitor the Awesome indicator. As soon as it gives you a
sell signal when it turns red exit the position. In this
case, you should sell your position at 1.8829.
This trade represented 131 pips profit in about 1 hour
Thats the kind of great trades that will stay in your mind
for a long time. $1310 for each currency pair youre holding
in just 1 hour is something you cant get in any other
market or strategy.
Trade #5 Long position:
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Stop Loss: 1.7759
Exit: 1.7862
Profit: 53 pips
In this case, the buy order should be entered 10 pips above

the high of the day at 1.7809, with a stop loss of 50 pips
at 1.7759. The second order you should enter is a short sell
order 10 pips below the low of the day, and a respectively
stop loss order of 50 pips.
After entering in a trade, in this case in the long side, you
should remove the other order immediately. You must also
look at the Awesome indicator at the bottom of the chart,
which will tell you when to get out, in order to maximize
your profits and minimize your losses. The exit signal is
given at 1.7862, when the indicator turns red.
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Super Forex System
Extreme Volatility
In this strategy, we are going to look for good volatility. It

is a very simple strategy but you must follow the rules in
order to maximize your profits and minimize your losses.
When during a trading day, suddenly a big candle appears
it means that the volatility increased. So, theres a good
chance that a good trend starts to develop or gains
strength. Usually, this trend will be in the same direction as
the candle where the volatility appeared.
In conjunction to this factor, if this candle is breaking the
high of the day or the low of the day then, the probability
of a strong trend is even higher. If we believe a good trend
is developing, that means we need to search for trades in
order to profit from our beliefs.
What you need to do in order to follow this strategy is to
begin to look at the size of the candles that are now
beating a new high or new low for the day.
Rules:
When you see a candle that is big (much bigger than every
candles of the day until now) but doesnt have 100 pips
or more of length and is now making a new high for the
day, you should enter a buy order 1 pip above the high of
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Super Forex System
the previous candle. You will also enter a stop loss order 1
pip below the low of the same candle.
When you see a big candle (much bigger than every
candles of the day until now) but doesnt have 100 pips
or more of length and is now making a new low for the
day, you should enter a short sell order 1 pip below the low
of the previous candle. You will also enter a stop loss order
1 pip above the high of the same candle.
Please note that the orders must be placed only once the
big volatility candle is finished.
You must exit the trade if your stop loss is reached or if the
Awesome indicator gives you an exit signal.
As usual, dont look just at prices; look at some indicator to
confirm your trade. For this strategy, we will use the
Awesome indicator. As you will see in the examples
presented below, you can use the Awesome indicator to
confirm the direction of the trend and to refine your entry
and exit points.
Lets take a look at some examples:
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Super Forex System

Stop Loss: 1 pip below the high volatility candle
Exit: 1.8010
Profit: 68 pips
In this GBP/USD 15 minutes chart, you can see the big

candle that made a new high for the day. The horizontal
line at the top of that high volatility candle represents your
entry opportunity. You should enter a buy order 1 pip
above the high of this candle, at 1.7942. If you take a look
at the Awesome indicator in the bottom of the chart, you
see that it is already above the centerline but it is still
rising; so, the uptrend is healthy. As soon as you enter the
trade, you should place a stop loss order 1 pip below the
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Super Forex System
high volatility candle low. This will protect you against

severe losses.
When you enter the trade, you should closely monitor the
Awesome indicator. This indicator will help you decide when
it is time to get out of the trade. You should exit the
position at 1.8010, where the indicator turns red. This
means that bears are gaining strength and the price will
probably fall. As you dont want to give your profits away,
exit the trade with 68 pips profit.
Trade #2 Short Position:
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Super Forex System
Entry: Short GBP/USD at 1.7692

Stop Loss: 1 pip above the high volatility candle
Exit: 1.7614
Profit: 78 pips
The horizontal line on the chart marks the new low of the
day reached by a high volatility candle. This candle had
almost 100 pips in volatility, near our limits. What is
particular interesting about this candle is that it has a big
upper shadow. This means that, at some point, the bulls
had more power than the bears, but suddenly, they lost
their power, and were smashed down by bears. This is one
of the best opportunities you can find in this strategy.
You should place a short sell order for GBP/USD at 1.7692,
just 1 pip below the new low of the day. If you notice, the
Awesome indicator is pointing in the same direction of your
trade. Dont forget to place your stop loss order 1 pip above
the candle that just made the new low for the day.
When the Awesome indicator turns green, this means that
you should exit your position. This happens at 1.7614
leaving you with 78 pips profit.
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Super Forex System

Exit: 1.7260
Profit: 46 pips
As you can see on the GBP/USD 15 minutes chart, the

horizontal line indicates the new low of the day made by
the high volatility candle. As you already know, you should
enter your short sell order 1 pip below the new low of the
day, at 1.7306. If you look at the Awesome indicator, you
see that it is below its centerline but its red, meaning the
trend is down. This helps us to acknowledge that we are on
the right side of the trade.
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Super Forex System
You should also insert a stop loss order 1 pip above the
high of the high volatility candle in order to protect your
capital.
At the moment you enter the trade, you must closely watch
the Awesome indicator. When it turns green, it is time to
exit the trade. This happened at 1.7260. Time to close the
trade with 46 pips profit.

Exit: 1.7364
Profit: 27 pips
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Super Forex System
This is another GBP/USD 15 minutes chart.

You should enter a short sell order at 1.7391, 1 pip below
the new low of the day made by the great volatility candle.
Also, you should place a stop loss order 1 pip above the
high of the same candle. If you notice the Awesome
indicator, you see that it is confirming the trade. As other
bears are joining you on this trade, this will increase the
odds of a good profit.
After entering the trade, you must pay close attention to
the Awesome indicator. You should exit the trade when the
Awesome indicator gives you a buy signal. This is when it
turns green, giving an uptick. More precisely, and according
to this chart, you should cover this short at 1.7364.
This trade was a little frustrating, because we were gaining
around 60 pips, and closed the trade with just 27 pips
profit. The Awesome indicator is not perfect, but most of
the times, it helps you to maximize the trade.
Besides that, 27 pips means $270 for each currency pair
you are holding.
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Super Forex System

Exit: 1.8404
Profit: 60 pips
In this GBP/USD 15 minutes chart, the horizontal line

represents our entry point. Do not forget that the high
volatility candle shouldnt have more than 100 pips length.
You should enter your short sell order 1 pip below the new
low of the day, at 1.8464. The Awesome indicator is in our
favour which bring us more confidence. Although, in case
anything goes wrong, you should have already placed a
stop loss order 1 pip above the high volatility candle.
After entering the trade, you should constantly follow the
Awesome indicator to know when to cover the short. This
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Super Forex System
happens at 1.8404, where it gives us an exit signal by

switching from red into green below the 0 line. In just 2
hours, you have booked 60 pips profit.
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Super Forex System
Consolidation Failure
When theres a good price movement (up or down) and

suddenly prices stop moving, a consolidation area has been
formed. Consolidation areas are composed by two lines that
can be parallel or not. Prices oscillate between these lines,
and cant break these lines one way or another which
reflects indecision.
For applying this strategy, we will use the Awesome
indicator or the MACD-Histogram so that we can confirm
the price behaviour. Both indicators work on this strategy
and obey the same rules. I prefer to use the Awesome
indicator because I find it more reliable on my favourite
timeframes. If you trade on larger timeframes, you can also
apply this strategy successfully with the MACD-Histogram.
To exit the position, we will use the same indicator again.
The Rules:
Buy a consolidation failure confirmed by the Awesome

indicator or MACD-Histogram. Set your stop loss below the
recent low. Exit the trade when your stop loss is reached or
when the Awesome indicator gives you a sell signal above
its centerline (0).
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Super Forex System
Short sell a consolidation failure confirmed by the Awesome

indicator or MACD-Histogram. Set your stop loss above the
recent high. Exit the trade when your stop loss is reached
or when the Awesome indicator gives you a buy signal
below its centerline (0).
Check some examples so that you can fully understand this

strategy.
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Super Forex System

Stop Loss: Below the recent low
Exit: 1.7676
Profit: 40 pips
In this GBP/USD 15 minutes chart, you can see a

consolidation area. This consolidation area appeared after a
120 pips drop.
In this example, we will use the Awesome indicator to
confirm the trade.
As you can see in the chart, you should place a buy order
at 1.7636, when the price breaks above the consolidation
area and the Awesome indicator also confirms the trade.
You should also place a stop loss order below the recent
low.
After entering the trade, you should monitor the Awesome
indicator until it gives us an exit signal. This happened at
1.7676 when the indicator turned red. It is now time to exit
the trade with 40 pips profit.
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Super Forex System

Exit: 1.7417
Profit: 71 pips
In this example you can see another great opportunity to

make a good profit.
The two horizontal and parallel lines define the
consolidation area. Prices are moving between the two lines
but dont have the strength to cross neither one nor the
other. We continue to use the Awesome indicator, although
you can use the MACD-Histogram as well.
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Super Forex System
You should place a buy order at 1.7346 when prices break

above the consolidation area, and the movement is
confirmed by the Awesome indicator. As you can see, the
indicator is rising and, in this particular case, it is also
below its centerline (0), which is a great confirmation. You
should place a stop loss order just below the recent low.
After entering the trade, you should see how the Awesome
indicator behaves because thats what will tell you when to
exit the trade. At 1.7417, the Awesome indicator is above
its centerline and just gave a sell signal. This means that it
is time to exit this trade with 71 pips profit. This means
$710 profit for each currency pair youre holding. Its a
great profit for an intraday trade.
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Super Forex System

Exit: 1.7388
Profit: 103 pips
As you can see in the chart above, you are going to enter a
buy order just 1 pip above the higher horizontal line of the
consolidation area, if the Awesome indicator confirms the
trade. Following this strategy means that both factors
consolidation area breakout and trend confirmation on the
Awesome indicator have to be accomplished. If you dont
have them both pointing in the same direction, there is a
chance that the breakout might be false.
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Super Forex System
We had a buy signal at 1.7285.

We now have to look at the Awesome indicator to see when
it gives us a sell signal. This happens, as you can observe,
at 1.7388 where the Awesome indicator turns red, above
the centerline line.
We closed this trade with 103 pips profit, $1030 in just a
single currency pair. An intraday trade cant get much
better than this.
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Super Forex System

Stop Loss: Above the recent high
Exit: 1.7353
Profit: 31 pips
We are now looking at a different consolidation failure

pattern. As you already know, the lines which form the
consolidation area do not have to be parallel. As you can
see in this chart, the two lines are converging, forming a
triangle. You should draw the lines yourself, so that you can
have a better idea of the price at which you will place your
short sell order, if the Awesome indicator confirms the
trade.
In this case, your short sell order should be filled at 1.7384
and you should put your stop loss just above the recent
high. If you check the chart, you can easily see that your
entry was when the price crossed below the consolidation
area, and the Awesome indicator was confirming the trade.
Now, by looking at the Awesome indicator, we are going to
track a good point to exit the position. This happens when
the Awesome indicator, which is below the centerline, turns
green. You should exit this position at 1.7353, with 31 pips
profit.
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Super Forex System

Stop Loss: Above the recent high
Exit: 1.8712
Profit: 175 pips
In this GBP/USD 1 hour chart, there is a clear consolidation

area. This consolidation area represents indecision. As we
dont know for sure where prices will flow, we look at the
Awesome indicator. As you can observe, in this case, you
will enter a short sell order at 1.8887. This price reflects the
breakdown of the consolidation confirmed by the Awesome
indicator. You should place your stop loss order just above
the recent high.
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Super Forex System
After entering the trade, you should wait for a sell signal on
the Awesome indicator. As you can see, when prices hit
1.8712, the indicator turns green, and is below its
centerline. It is time to book your profits and look for
another opportunity. This was a great trade.
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Super Forex System
Channel
A channel occurs when the price oscillates between two

horizontal lines. This can also be called a range bound
market.
When we are in a channel, its not easy to know if prices
will break the channel to the upside or the downside. What
we know for sure is that once the price breaks one way or
the other, the movement will probably be strong.
The best way to find out if prices will move up or down is to
analyse the Awesome indicator.
The Rules:
We will enter on the breakouts and breakdowns of the

channel confirmed by the Awesome indicator, and we will
have a 20 pips stop loss.
We will buy the currency pair 1 pip above the higher value
of the channel, or short sell the currency pair 1 pip below
the lower value of the channel.
We will exit the trade if our stop loss is reached or if the
Awesome indicator gives us an exit signal. When we are in
a long position, an exit signal occurs when the Awesome
indicator is above the centerline (0) and ticks down. It is
easy to see when that happens since the Awesome
indicator turns red on downticks.
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Super Forex System
If we are in a short position, once the Awesome indicator is

below its centerline (0) and turns green, we will exit the
trade.
We will also use the Awesome indicator to confirm our entry
orders.
This strategy works virtually in any timeframe and with any
currency pair of your choice.
Lets see some real trades.
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Super Forex System

Stop Loss: 1.7381
Exit: 1.7472
Profit: 71 pips
In this chart, we have a clear channel.

We will enter on the long side when the Awesome indicator
signals that the price is going to move up. This happens
when the indicator is below the centerline the zero line,
or if the Awesome indicator is at a higher value than it was
at the last high.
In this chart, at 8 AM, the GBP/USD made a false
breakdown. This breakdown wasnt a trade, because the
Awesome indicator wasnt confirming the move. If you
check the chart carefully, you will notice that, at this hour,
the indicator was not only below the centerline (so a
reversal could be near), as it wasnt below the previous
bottom. So, if the Awesome indicator doesnt confirm the
trade, that means that you have no trade.
Around 10 AM you can see a clear trade. The Awesome
indicator is above its centerline and it is above the previous
high. So, its confirming the channel breakout. Following
the rules, we will enter a buy order at 1.7401. We will also
place a stop loss order 20 pips below the price at which we
have entered the trade.
After entering the trade, you need to focus especially on
the Awesome indicator, so that we can exit this trade at the
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Super Forex System
best price. While the price is rising, the Awesome indicator

is also rising, which is very positive. It means that you are
on the right side of the trade. Once the indicator gives a
downtick when it changes from green to red , it is time
to exit the position. Take your profits and look for another
trade. In this case, the trade was closed at 1.7472 with 71
pips profit.
Even if you were distracted and shorted GBP/USD around 8

AM (violating the Awesome indicator confirmation rule), you
would end the day with a good profit. In that case you
would have lost 20 pips on the first trade (the stop loss
would have been reached) and won 71 pips on the second
trade. Winning 51 pips in a day where you made some
mistakes is very good. If you are trading just one currency
pair, you would end the day with $510 profit. Thats
because you followed the risk reward rules, and stayed
alert even after a loss. Thats extremely important in
trading.
If after a day like this one you lose money, that means you
violated several important rules. In that case, you need to
stop trading, and read your system rules again. Check out
what you have done wrong, so that you dont make the
same mistake(s) again.
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Super Forex System
Entry: Buy EUR/USD at 1.1465

Stop Loss: 1.1445
Exit: 1.1518
Profit: 53 pips
We are now looking at the EUR/USD 1 hour chart.

By looking at the Awesome indicator, you can see that it is
confirming the trade before the breakout at 1.1465 occurs.
So, we will place a buy order at 1.1465 on the breakout
of the higher channel line. We will also insert a stop loss
order 20 pips below our entry price.
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Super Forex System
When the Awesome indicator turns red, this means that the
trend is over; it is time to get out. This happened at
1.1518. So, we closed this trade with 53 pips profit.
Notice that after our exit, the price kept running and
reached 1.1600! This is a little frustrating. The Awesome
indicator is a great tool to maximize your trades.
Sometimes it doesnt work so well but most of the times it
works. If in this specific trade, the Awesome indicator
wasnt able to maximize the trade, and you won 53 pips,
that wasnt bad at all. You wont get broke by taking profits
like these.
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Super Forex System
Entry: Short EUR/USD at 1.0808

Stop Loss: 1.0828
Exit: 1.0735
Profit: 73 pips
We are now going to see some short sell examples using

this strategy.
In this EUR/USD 1 hour chart, at point 1, there has been a
false breakout of the channel. The Awesome indicator was
above its centerline, so a reversal could be near. Besides
that, the Awesome indicator was way below the previous
high reached by this same indicator. If the price is at the
same value or higher, and the Awesome indicator is at a
lower value, that means that there is a good chance that
this trend will be weak or even reverse. So, the Awesome
indicator was not only telling us to stay out of that trade, as
it was even telling us that this breakout would be a false
one.
Around 3 PM prices made a breakdown. The Awesome

indicator was above its centerline; so, it was confirming the
trade. The short sell order was entered at 1.0808 and the
stop loss was placed 20 pips above our entry, at 1.0828.
After entering the trade, we have to continue monitoring
the Awesome indicator to see when it tells us to exit the
trade. This happens at 1.0735, when the indicator turns
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Super Forex System
green. This means that the trend is probably over. It is

time to exit the trade with 73 pips profit.

Stop Loss: 1.1838
Exit: 1.1704
Profit: 114 pips
In this chart, we have a channel formation at the top. If we

take a look at the Awesome indicator, we can see that it is
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Super Forex System
above the centerline and falling. So, it is time to place a

short sell order at 1.1818, just below the lower horizontal
line. We will also place our protective stop loss 20 pips
above the entry price.
As prices come in our favour, we will closely observe the
behaviour of the Awesome indicator to see when it tells us
to exit the trade. This happens at 1.1704, where the
indicator is below the centerline and turns green.
We made 114 pips on this trade.
Trades like this one remember us why we always need to

follow our rules. If you have a good trading system or a
good strategy, just follow it.
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Super Forex System
The Real Breakout
In this strategy, we will avoid false breakouts and enter on

the real ones.
We will use a stop loss in order to minimize losses and
maximize profits.
You can use this strategy in any timeframe and in any

currency pair.
Rules:
We will draw 2 lines in the chart, one at the high and one at
the low of the period between 7 PM and 11 PM, Eastern
Time. After drawing these lines, the currency pair you are
looking at must do a breakout or a breakdown from this
channel. We are not going to enter here, in this first
breakout. We are going to wait until the moment the
currency pair reverses and makes the breakout or
breakdown on the opposite direction of the first breakout or
breakdown. We will use a stop loss of 20 pips.
We will use the Awesome indicator to tell us when to exit
the trade.
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Super Forex System

Stop Loss: 1.7556
Exit: 1.7695
Profit: 119 pips
When you are considering to use this strategy, the first

thing you need to do is to draw the two lines the first one
at the high of the day (between 7 PM and 11 PM, EST), and
the second one at the low of the day (during the same time
span). In this example, the lines are at 1.7575 and 1.7523,
respectively, for the high and the low.
In this particular trade, there has been a false breakdown.
So, we are going to place a buy order at 1.7576, 1 pip
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Super Forex System
above the higher line, because we want to enter on the

opposite side of the first break of the channel. We will also
place a stop loss order 20 pips below our entry point, at
1.7556.
After entering the trade, we need to monitor it very closely.
We will now start to look at the Awesome indicator. As you
can easily identify, while prices are going up, the indicator
is moving up as well. We need to focus on the Awesome
indicator because as soon as it starts to decline (turns red)
while it is above its centerline, it is time to exit the trade.
This happened at 1.7695, which left us with a very nice 119
pips profit. This was a great intraday trade.
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Super Forex System

Stop Loss: 1.7347
Exit: 1.7392
Profit: 25 pips
In this GBP/USD 15 minutes chart, we have drawn two

lines which represent the high and the low for the period of
time we are considering in this strategy.
As you can see, there has been a false breakdown; so, we
are going to look for a breakout of the channel. This
happens at 1.7367. We will also place a stop loss order 20
pips below the entry point, at 1.7347.
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Super Forex System
After entering the trade, we need to look at the Awesome

indicator. As we entered in a long position, the indicator
should be green and going up. When it turns red (and
starts falling), it is time to exit the position. This was what
happened at 1.7392.
The total profit for this trade was $250 for each currency
pair youre holding.
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Super Forex System

Stop Loss: 1.7393
Exit: 1.7472
Profit: 59 pips
As you can see in this chart, we had a false breakdown

around 2 AM EST.
We should insert a buy order at 1.7413 with a protective
stop loss order at 1.7393, 20 pips below our entry point.
After entering the trade, as you already know, you should
pay attention to the Awesome indicator. As soon as it turns
red and starts moving down, it is time to sell your position.
This happens at 1.7472, giving us 59 pips profit.
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Super Forex System

Stop Loss: 1.7666
Exit: 1.7619
Profit: 27 pips
As usual, the first thing we need to do is to draw the lines

that represent the high and the low for the period of time
we consider for this strategy (between 7 PM and 11 PM
EST). Then, we need to wait for the currency pair to make
its first breakout of the channel, which is the false one.
We will, then, enter the short sell order at 1.7646, 1 pip
below the lower line that we have previously drawn. We will
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Super Forex System
also set a stop loss order 20 pips above our entry point, at
1.7666.
When the Awesome indicator turns green or starts moving
up, it is time to cover our short. This happened at 1.7619,
giving us a 27 pips total profit.

Stop Loss: 1.7422
Exit: 1.7356
Profit: 46 pips
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Super Forex System
In this GBP/USD 15 minutes chart, we will place an entry

order on the opposite side of the first breakout. As you can
see, we will place a short sell order at 1.7402, 1 pip below
the lower line, as well as a stop loss order 20 pips above
our entry price, at 1.7422.
Once the Awesome indicator turns green or starts moving
up, it is time to cover our short sell position. This happens
at 1.7356, leaving us with a 46 pips profit.
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Super Forex System
2 Days Breakout
This is another great strategy which allows you to find great

intraday opportunities. It has a good profit-loss ratio and,
this way, if you use good money management rules you
can achieve consistent results.
To use the 2 Days Breakout strategy, the Awesome
indicator is, once again, the best confirmation indicator to
use.
You can use this strategy in any timeframe you like. This
strategy works well on 15 and 30 minutes, and even on 1
hour charts. So, feel free to try this strategy in your
favourite timeframe. You can also use it for any currency
pair you like.
The rules:
Buy 1 pip above yesterdays high or short sell 1 pip below

yesterdays low. Place a stop loss of 20 pips.
Exit the trade if the Awesome indicator gives you an exit
signal or if your stop loss is reached.
Lets take a look at some real trades using this strategy:
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Super Forex System

Stop Loss: 1.7567
Exit: 1.7693
Profit: 106 pips
The horizontal line in the chart represents GBP/USD

yesterdays high.
According to this strategy, you should buy one pip above
the previous high, at 1.7587. Dont forget to place your
protective stop loss order of 20 pips below the entry point.
As you can see, according to the chart, the Awesome
indicator is gaining strength. Notice that when you enter
the trade, it continues to move up, as well as the price.
This is a terrific sign.
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Super Forex System
The Awesome indicator is what you should observe since

you will close the trade once this indicator gives you the
exit signal. As you can see, the Awesome indicator turns
red at 1.7693, telling you that bears are gaining strength.
So, it is time to exit at 1.7693.
This was a great trade, with 106 pips profit in just 3 hours
of work. With just a single currency pair, you would have
won $1060.
Always remember to place your stop loss in the platform

when you give the entry order. This is what will keep you in
the game if something goes wrong.
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Super Forex System

Stop Loss: 1.8676
Exit: 1.8829
Profit: 133 pips
In this chart, the horizontal line at 1.8695 is the previous

day high.
According to this strategy, you should enter your buy order
one pip above this price. As you can see, the Awesome
indicator was bullish too, which means that there were no
doubts about entering the trade. Do not forget to enter a
stop loss order 20 pips below the entry point.
You can define another stop loss value but always insert
your stop loss order.
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When, some minutes later, you start to see that the

Awesome indicator is turning red, be cautious; dont get
greedy. Take your profits out of the table. Exit the trade at
1.8829.
Again, this was a great profit for just two hours of work.
133 pips mean a profit of $1330 if you trade a single
currency pair.

Stop Loss: 1.8281
Exit: 1.8217
Profit: 44 pips
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Super Forex System
This is another GBP/USD 15 minutes chart. The line is

drawn 1 pip below yesterdays low; so, this is our entry
point for a short position.
If you use this strategy, always draw yesterdays high and

yesterdays low lines on the chart. It is much easier when
you have those lines on the screen instead of only numbers
on your head or in a paper.
As you can see in the chart, you have an opportunity to

enter in a short sell at 1.8261 one pip below the previous
day low.
You will ride the trade until the Awesome indicator gives
you a signal to leave or until your stop loss has been
reached. In this trade, you should exit your position at
1.8217, for a 44 pips profit, when the Awesome indicator
turned green, which was a clear exit signal.
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Super Forex System

Stop Loss: 1.2946
Exit: 1.2835
Profit: 91 pips
As you can see in this EUR/USD 30 minutes chart, there is

a good opportunity to make a trade. We will enter in the
short sell one pip below the horizontal line at 1.2926.
As soon as the Awesome indicator turns green its time to
exit this position. In this case, the exit signal was at
1.2835, giving you 91 pips profit.
This trade also shows you that this strategy works fine in
30 minutes charts as well.
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Super Forex System

Stop Loss: 1.2035
Exit: 1.1945
Profit: 70 pips
This is another great short sell opportunity.

Looking at this EUR/USD chart, our short sell order will be
one pip below the previous day low, exactly at 1.2015.
When the Awesome indicator turns green, it is time to exit
your trade. This happened at 1.1945.
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As you can see in all these examples, you can find great
long and short sell opportunities with this strategy.
Trade both sides of the market. If your strategy gives you a
signal one way or the other, you have a good opportunity
to make money.
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5 Days Breakout
To apply this strategy, you need to analyse the last 5 days

of trading.
We will draw in the chart two horizontal lines. One
horizontal line at the higher price achieved by the currency
pair in the last 5 days, and another one at the lower price
reached by the currency pair in the last 5 days.
When the price crosses above the higher line, we have a
buy opportunity; when it crosses below the lower line, we
have a short sell opportunity. You will need to adjust these
lines every trading day.
We will use a 20 pips protective stop loss on this strategy.
For exit decisions we will use the MACD-Histogram.
The Rules:
Buy 1 pip above the 5 days high or short sell 1 pip below
the 5 days low. Set a stop loss of 20 pips.
Exit the trade when your stop loss is reached, or when the
MACD-Histogram gives you an exit signal.
If you are in a long position and the MACD-Histogram is
above its centerline (the zero line) and decreasing, exit the
trade.
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If you are in a short position, and the MACD-Histogram is

below its centerline (the zero line) and increasing, cover
your short.
Lets see some real trades.

Stop Loss: 1.7710
Exit: 1.7779
Profit: 49 pips
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Super Forex System
In this GBP/USD 1 hour chart, the horizontal line represents

our buying point (1 pip above the highest level the currency
pair reached in the last 5 days).
We will place a buy order at 1.7730 and set a 20 pips stop
loss.
After entering the position, we need to look at the MACD-
Histogram. This indicator will tell us when to exit the
position. This will happen when it gives a downtick while is
above its centerline (the zero line).
According to the chart, we will exit the position at 1.7779,
with 49 pips profit.
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Stop Loss: 1.7687
Exit: 1.7795
Profit: 88 pips
In this GBP/USD 1 hour chart, the horizontal line represents

our buying point (1 pip above the higher price of the
currency pair in the last 5 days). This way, we will enter a
buy order at 1.7707 and set a 20 pips stop loss.
After entering the trade, we need to pay attention to the
MACD-Histogram. As we can see in the chart, the MACD-
Histogram gives a downtick while is above its centerline,
when the price hit 1.7795. It is time to exit the trade with
88 pips profit.
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Stop Loss: 1.7454
Exit: 1.7361
Profit: 73 pips
We will use a GBP/USD 1 hour chart in this example.

The horizontal line represents our entry point (1 pip below
the lower price of the last 5 days). We will enter a short sell
order at 1.7434 as well as a protective stop loss.
After entering the trade, we need to look at the MACD-
Histogram. We will cover our short sell when the MACD-
Histogram gives an uptick below its centerline. This
happens at 1.7361.
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This was a great risk reward trade. Considering that you

are trading a single currency pair, you risked $200, and
gained $730. Thats the way a professional trades.

Stop Loss: 1.7348
Exit: 1.7262
Profit: 66 pips
The lowest price of the last 5 days of GBP/USD was 1.7329.

So, our short sell order will be entered at 1.7328.
When the order is filled, we start to pay attention to the
MACD-Histogram. When it gives an uptick below its
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centerline, it is time to exit. This happened at 1.7262,

giving us 66 pips profit.
You can use any timeframe you want for this strategy.
However, as we are using at least 5 days of data, the
timeframe shouldnt be too small. 30 or 60 minutes charts
are suitable for this strategy. A 15 minutes chart can work
as well, but is not as efficient as the 30 or 60 minutes are.
4 hour charts are another decent option for this strategy.
Dont try to use this strategy with a timeframe below 15
minutes because it wont work as well.
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Special Breakout
As you probably know, round numbers are strong support

and resistance areas. These points are very important in a
chart because they may help us to identify a strong
breakout or breakdown.
You can use this strategy in any timeframe and in any

currency pair you prefer.
Rules:
In this strategy we will enter in breakouts or breakdowns,

using round numbers.
We will place a buy order on the breakout, for example, at
1.8801 or 1.9001. We will also set a 50 pips stop loss.
In this strategy, the stop loss isnt rigid; we will use a
trailing stop loss. For example, if your entry order is at
1.8801, your initial stop loss order will be at 1.8750. When
prices reach 1.8850, your stop loss will change to 1.8800,
and so on.
We will place a short sell order on the breakdown, for
example, at 1.7999 or 1.7599. In this case, we will also set
a 50 pips stop loss.
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We will also use a trailing stop loss, like in the long side. If,
for example, prices reach 1.7950, your stop loss will
change to 1.8000, and so on.

Stop Loss: 1.7350
Exit: 1.7550
Profit: 149 pips
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Super Forex System
In this GBP/USD 1 hour chart, you can see that prices are
approaching 1.7400. This price is a round number. So, we
will place a buy order at 1.7401, in the breakout of this
round number. We will also set a stop loss order at 1.7350.
After entering the trade, the price continues to go up. So,
when it reaches 1.7450, you will move your stop loss to the
breakeven point, at 1.7400. The price continues to move up
and when it touches 1.7500, you will move your stop loss
once again, this time to 1.7450. The price still continues to
go up, and reaches 50 pips higher. It is time to change
your stop to 1.7500. The currency pair reaches now 1.7600
and your stop loss should go higher to 1.7550. At this
point, the currency pair stopped its uptrend and you got out
at 1.7550 where your trailing stop loss was , with 149
pips profit.
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Stop Loss: 1.7950
Exit: 1.8350
Profit: 349 pips
For this GBP/USD 1 hour chart, we will place a buy order at

1.8001. According to this strategy, we should also insert a
stop loss order 50 pips below our entry point, at 1.7950.
After entering the trade, as the price is moving up, we need
to adjust our stop loss accordingly.
When the price touched 1.8400, we moved our stop loss to
1.8350, which was when we exited the position.
In just 2 days, we made 349 pips profit!
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Stop Loss: 1.7550
Exit: 1.7850
Profit: 249 pips
You should insert a buy order for GBP/USD at 1.7601, as

well as the 50 pips stop loss (at 1.7550).
After entering the trade, prices retraced a bit. After this
retracement, prices started to go up again.
We need to keep monitoring the trade so that we can move
our stop loss when prices reach 50 pips higher. When prices
reached 1.7900, our stop loss was immediately changed to
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Super Forex System
1.7850. This was where we exited the trade, making 249

pips profit.

Stop Loss: 1.8650
Exit: 1.8800
Profit: 99 pips
In this case, we should place a buy order at 1.8701. We

should also enter our initial stop loss order at 1.8650.
As soon as prices start moving up, the stop loss is adjusted.
When prices reach 1.8850, our stop loss is moved to
1.8800. This was the price at which we exited the trade.
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Stop Loss: 1.7750
Exit: 1.7500
Profit: 199 pips
In this GBP/USD 1 hour chart, we will enter a short sell

order at 1.7699. We will also place a stop loss order 50 pips
above our entry point, at 1.7750.
After entering the trade, when prices reach 1.7650, the
stop loss will change to 1.7700, the breakeven point; when
prices reach 1.7600, the stop loss will move to 1.7650; and
so on.
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When prices reach 1.7450, our stop loss should be changed

to 1.7500, which was the price at which we exited the
trade.
This trade was closed with 199 pips profit.

Stop Loss: 1.7550
Exit: 1.7400
Profit: 99 pips
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In this case, we should place a short sell order at 1.7499,

as well as a stop loss at 1.7550.
When prices reach 1.7350, we should change our stop loss
to 1.7400.
We closed the trade at 1.7400, with 99 pips profit.

Stop Loss: 1.9050
Exit: 1.8850
Profit: 149 pips
In this case, we should enter a short sell order at 1.8999

and an initial stop loss at 1.9050.
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By following the trade closely, we keep adjusting the stop

loss in order to minimize losses and maximize profits. This
way, when prices reach 1.8800, our stop loss will be at
1.8850. This is the price where we got stopped out with
149 pips profit.
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MACD Divergences
A bearish divergence occurs when prices rise higher but the

MACD cant move higher.
A bullish divergence occurs when prices fall but MACD cant
fall any deeper.
Heres an example. Imagine there is an uptrend in the
GBP/USD 15 minutes chart with the MACD also moving up.
This is a natural process during a strong uptrend. Although,
prices dont move in a straight line up but, instead, they
have retracements or pullbacks. In our example, the
currency pair retraces as well as the indicator. When prices
start to go up again, passing the previous high, the MACD
goes up as well, but doesnt reach the previous high. This
means that the indicator is showing that the trend is losing
steam and you should look for a short sell opportunity. This
is called a bearish divergence. Bulls start losing steam, so
the trend can reverse.
On the opposite side, consider a chart with a clear
downtrend, both on prices and MACD. Both reach a low
point and both pullback. When the downtrend returns,
MACD follows the price but cant reach a new low even
when prices reach a new low. This is a bullish divergence
and shows us that bulls are gaining strength. A trend
reversal can be near.
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The Rules:
In this strategy, we will look for bullish and bearish

divergences and we will use a stop loss at the most recent
low or high, respectively.
To confirm a trade, we will use the MACD-Histogram. We
will only place an entry order if this indicator has already
reached its centerline (the zero line) before the divergence
is completed to avoid false trades.
If we have a divergence that accomplish all our
requirements, we will enter the trade when the MACD-
Histogram is below its centerline (the zero line) and upticks
(for long trades), and when the MACD-Histogram is above
its centerline (the zero line) and downticks, we will have a
short sell signal.
We will also be using the MACD-Histogram for exiting
positions. When we are in a trade, as soon as the MACD-
Histogram gives an opposite signal, we will exit the trade.
This strategy works better on 4 hour or daily charts, and

you can use it on any currency pairs.
Lets take a look at some examples:
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Super Forex System

Stop Loss: At the most recent low
Exit: 1.7515
Profit: 127 pips
In this GBP/USD 4 hour chart, there is a downtrend until

the moment the currency pair reaches point 1. At this
moment, GBP/USD retraces as well as the MACD-
Histogram. During the retracement, the MACD-Histogram
reaches point 2 (above its centerline). Afterwards, the price
starts to move down again as well as the indicator. At point
3, there is no divergence because neither prices nor the
MACD-Histogram reached the previous low. The currency
pair starts to fall again reaching a lower low. But, as you
can see at point 4, although the MACD-Histogram is
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declining along with the price, it stays at the same level as

at point 3, the previous low. Prices are below point 1 but
the MACD-Histogram is clearly above that value.
Since the MACD-Histogram didnt manage to go lower,
theres clearly a bullish divergence and the prices tend to
go up.
We should then insert a buy order at 1.7388 as well as a
stop loss order below the lower price reached during the
bullish divergence formation. This buying point occurs when
the MACD-Histogram starts to rise while it is still below its
centerline.
After entering the trade, you should continue to monitor the
MACD-Histogram because it will tell you when it is time to
exit the trade. As you can see at the chart, the bullish
divergence originated a good uptrend. At point 5, the
MACD-Histogram gives the first exit signal it gives a
downtick above its centerline (the zero line).
Close the trade at 1.7515, with 127 pips profit.
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Stop Loss: At the most recent low
Exit: 1.8409
Profit: 178 pips
In this 4 hour chart, the currency pair was in a downtrend

and reached a new low at point 1, as well as the MACD-
Histogram. At point 2, there isnt a bullish divergence yet,
since the price is higher than at point 1. After this, prices
moved down, as well as the indicator, and reached a
bottom at point 3. At this point, prices are much lower than
at point 1, but the MACD-Histogram is higher. This is a
bullish divergence.
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We should enter our buy order at 1.8231, when the MACD-

Histogram upticks while it is still below its centerline. We
should also enter a stop loss below the most recent low.
After entering the trade, once the MACD-Histogram gives a
downtick above the centerline we will exit the position. This
happened at 1.8409.

Stop Loss: At the most recent high
Exit: 1.7677
Profit: 184 pips
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Super Forex System
In this GBP/USD 4 hour chart, prices are in an uptrend and

reach a top at point 1. At point 2, as the MACD-Histogram
crosses below its centerline, it may form a bearish
divergence. After point 2, prices continue their uptrend as
well as the MACD-Histogram. Although prices reach a
higher high than point 1, the MACD-Histogram doesnt
reach the same level (point 3). We are now looking at a
bearish divergence.
We will enter a short sell order at 1.7861, when the MACD-
Histogram gives a downtick while is above the centerline.
After entering the trade, we need to closely look at the
MACD-Histogram. We will cover our short sell when the
MACD-Histogram is below its centerline and upticks. This
happens at 1.7677.
This trade gave us 184 pips profit which means $1840 for
each single currency pair youre holding.
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Stop Loss: At the most recent high
Exit: 1.2077
Profit: 76 pips
At point 1, EUR/USD is in an uptrend just like the MACD-

Histogram. While prices are in a range bound, the indicator
is falling until it reaches the centerline at point 2. At point
3, prices are at higher values, but the MACD-Histogram
cant reach its previous high.
Once the MACD-Histogram downticks above its centerline,
we will place our short sell order (1.2153), as well as our
protective stop loss.
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After entering the trade, we will wait until the MACD-

Histogram to cross below its centerline and upticks. This
happened at 1.2077 (point 4).
We closed this trade with 76 pips profit.
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Pennant Failure
This strategy is very versatile because you can use any

timeframe and any currency pair you prefer.
A pennant is a pattern formation which is very easy to

identify on any chart. This pattern is formed by 2 lines. One
line the one that is above prices is descending, and the
other one the one that is below prices is ascending. The
lines tend to converge forming a triangle.
We use this strategy as a reversal pattern.
For this strategy, we will use the MACD-Histogram to

confirm the trade and to optimize our exit point.
Rules:
For this strategy, you should draw the lines below and
above prices and enter on the breakout of the pattern.
If the pennant is at the top, we will try to find a short sell
opportunity; if the pennant is at the bottom of the chart,
we will try to find a good buying opportunity.
To exit the trade, we will use the MACD-Histogram.
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If we are in a long position, we will wait until the MACD-

Histogram is above its centerline and reach its peak. If we
are in a short position, we will wait until the MACD-
Histogram is below its centerline and reach its bottom.
Once MACD-Histogram upticks, we will exit the trade.
The better way to see how any strategy really works is to

look at some real charts.
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Exit: 1.7777
Profit: 174 pips
In this GBP/USD 1 hour chart we have a pennant

formation. As we are at the bottom of the chart, we are
looking for a long opportunity. So, we will enter a buy order
on the breakout of the pattern. In this case, the order
should be placed at 1.7603. At this point, the MACD-
Histogram is giving us indication that the bottom has been
reached.
After entering the trade, we will wait for the MACD-
Histogram to cross up its centerline and then to reach a
peak. This happens at 1.7777, where we should exit the
trade.
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Exit: 1.7536
Profit: 123 pips
In this GBP/USD 1 hour chart we have a pennant formation

at the bottom. So, we are going to look for a good buying
opportunity. We will enter the trade when there is a
pennant breakout, which happens at 1.7413. Once again
the MACD-Histogram is confirming the trade.
The MACD-Histogram gives a sell signal (the indicator is
above its centerline and reaches a peak) at 1.7536, giving
us 123 pips profit.
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Exit: 1.7469
Profit: 104 pips
In this particular GBP/USD 1 hour chart, we can see that

the currency pair made a false pennant breakdown.
After this false breakdown, prices started to go up, and
gave us an entry point at 1.7365, when the breakout to the
upside was triggered. The MACD-Histogram is confirming
the trade, so we have the odds on our side.
The MACD -Histogram gave us a sell signal at 1.7469, once
it started to fall above its centerline. It is then time to exit
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Exit: 1.7681
Profit: 167 pips
In this GBP/USD 15 minutes chart, we have a pennant

formation at the top. In this case, we will enter our short
sell order at 1.7848.
After entering the trade, we will wait for the MACD-
Histogram to give an exit signal. This happened at 1.7681,
when the MACD -Histogram started to rise below its
centerline.
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Exit: 1.7457
Profit: 53 pips
In this GBP/USD 1 hour chart, we have a pennant

formation at the top of the chart.
We will place our short sell order on the pennant
breakdown, which happens at 1.7510. As in the previous
examples, the MACD-Histogram is confirming that we are in
a top.
After entering the trade, we will closely watch the MACD-
Histogram to see when it gives an exit signal. This happens
at 1.7457, after the indicator crossed down its centerline,
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reached its bottom and started to rise. We should then exit

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Reversal Candle
A reversal candle is a rare pattern. As you probably know, if

some pattern doesnt appear very often, usually it means
that it is very powerful. This pattern gives a very strong
signal that a strong trend will emerge.
A reversal candle appears either at the top or at the bottom

of the chart.
This candle is bigger compared to the other candlesticks on

the chart you are looking at, and has some specific
characteristics. It has long shadows, which means that we
are in a great volatility period, and closes above the
previous close, at the bottom of the chart where we will
have a buy opportunity , or below the previous close, at
the top of the chart, where we will have a short sell
opportunity.
A reversal candle is a candle that was strong in one
direction but reversed and closed, usually strong, in the
opposite direction.
You can find reversal candles in any timeframe and in any

currency pair. Although, the longer the timeframe, the
more reliable the pattern is.
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Check out some examples.
Example #1:
The number 1 is signalling a reversal candle at the bottom

of the chart. This candle has a long shadow below the body,
which shows the good volatility in this hour. It also tells us
that bears were dominating, but bulls ended up winning as
this reversal candle closed above the previous candle.
As you can see in the chart, this reversal candle was the
exact point where the trend reversed and a new uptrend
emerged.
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In just two days, GBP/USD has gone up more than 400 pips
(from approximately 1.7350 to approximately 1.7750).
Example #2:
In this GBP/USD 1 hour chart, the number 1 represents the

reversal candle.
We were in a strong downtrend until the moment the
reversal candle was formed. This candle has a long shadow
below the body. It was a strong red candle that reversed
and closed above the previous candle.
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In just a few hours, this currency pair has gone up around

150 pips. Once again the reversal candle gave you a great
signal.
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Double Tops And Double Bottoms
DOUBLE TOP:
A double top is a pattern that occurs at the top of the chart.

It appears when the prices are in an uptrend, reach a high,
fall to a support, and rise again to the first top area. At that
point, the bears come in play; so, the prices are unable to
climb higher. If you look closely, you will see that this
pattern looks like an M in the chart.
This pattern is very powerful especially if you use another
indicator to confirm it.
For this strategy, we will use the MACD-Histogram,
particularly the divergences between prices and this
indicator.
You can use the double top strategy in any timeframe you
like.
The Rules:
When we see a double top formation with a bearish

divergence on the MACD-Histogram, we will short sell the
currency pair.
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The bearish divergence occurs when both prices and the

indicator rise, fall, and when prices start to go up again and
achieve a higher point, the MACD-Histogram cant reach a
new high.
You can choose between two entry points. You can short
sell the currency pair when the MACD-Histogram starts to
fall and it is above its centerline, or you can short sell the
currency pair when it breaks below the minor support it
made in this formation. The first entry point is more risky
but it gives you more profit if youre right. This entry point
is better if you are using shorter timeframes (like, for
example, the 15 minutes charts). If youre using larger
timeframes like, for example, the 60 minutes chart, it is
better to enter in the previous support breakdown. At this
point, you have more confirmation that the double top
formation will successfully reverse the previous uptrend.
You should place your stop loss 1 pip above the higher
value that the currency pair reached during the double top
formation.
You should exit the trade if your stop loss is reached or if
the MACD-Histogram is below its centerline and starts to
rise.
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Trade #1 Double Top:

Exit: 1.7768
Profit: 161 pips
In this GBP/USD 1 hour chart, the 2 lines represent the

double top formation.
If you look at the MACD-Histogram, you can see that there
is a divergence between the prices and the indicator while
prices are moving up, the indicator is moving down.
We will enter a short sell order at 1.7929, just at the
bottom of the M.
The MACD-Histogram will let us know when its the best
time to exit the trade. As soon as the indicator starts to go
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up, we should exit the trade. The exit signal came at

1.7768.

Exit: 1.7674
Profit: 46 pips
In this GBP/USD 15 minutes chart, we wont wait to enter

in the M pattern breakdown. As this is a smaller
timeframe, we will place our short sell order when the
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MACD-Histogram gives the signal. This happened at

1.7720.
After entering the trade, we will need to focus on the
MACD-Histogram so that we know when to exit the
position. This happened at 1.7674, when the indicator gave
a signal that it reached the bottom.

Exit: 1.8434
Profit: 54 pips
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In this case, we will place our short sell order when the
MACD-Histogram makes a downtick. Our entry price will be
at 1.8484.
As soon as the MACD-Histogram gives an exit signal, we
will take our profits. In this case, we will cover our short
sell at 1.8434.
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DOUBLE BOTTOM:
A double bottom is the opposite of a double top. This

pattern occurs at the bottom of the chart. If you look
closely, it looks like a W is drawn on the chart.
As in double tops, we will use the MACD-Histogram to
confirm the movement, particularly the divergences
between prices and the indicator.
You can use this pattern in any timeframe you like but, as
in the double top, you should have different entry points
depending on the timeframe you are using.
For shorter timeframes, we will enter on the second bottom
of the pattern, when the MACD-Histogram gives a buy
signal.
On longer timeframes, we will place our buy order on the
breakout of the W formation, taking always in concern, in
both cases, the divergences on MACD-Histogram.
The Rules:
We will place a buy order when we see a double bottom

formation with bullish divergence on the MACD-Histogram.
The bullish divergence occurs when both prices and the
indicator fall, rise, and when prices fall to a lower point or
to the same point, the MACD-Histogram cant reach a new
low.
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You can choose between two entry points. You can buy the
currency pair when the MACD-Histogram starts to rise while
is below its centerline, or you can buy the currency pair
when prices break above the minor resistance they made in
the W formation. Just like in the double top formation,
the first entry point is more risky but it gives you more
profit if youre right. We will use this entry point in smaller
timeframes (like, for example, the 15 minutes charts). If
we are trading in a larger timeframe chart like, for
example, the 60 minutes chart, we will place our buy order
in the previous resistance breakout. At this point, we have
more chances that the double bottom formation will
successfully reverse the previous downtrend.
You should enter your stop loss order 1 pip below the lower
value that the currency pair reached during the double
bottom formation.
You should exit the trade if your stop loss is reached or if
the MACD-Histogram is above its centerline and starts to
fall.
Let us look at some examples:
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Trade #4 Double Bottom:

Exit: 1.7868
Profit: 91 pips
In this GBP/USD 1 hour chart, we have a bullish divergence

on the MACD-Histogram. On the first bottom, the MACD-
Histogram is lower than on the second bottom but prices
are in the same area.
We will enter our buy order on the breakout of the W, at
1.7777.
From this point, we will look at the MACD-Histogram. Once
the indicator decreases (and it is above its centerline), we
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will have our exit signal. That happened at 1.7868, giving

us 91 pips profit.
Trade #5 Double Bottom:

Exit: 1.7676
Profit: 53 pips
We are now using a 15 minutes chart. So, we will place our

buy order not in the W pattern breakout but on the
second bottom, when the MACD-Histogram gives a buy
signal.
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As we always do, we need to see if there is bullish

divergence on MACD-Histogram before we enter the trade.
Although prices are in the same zone on the two bottoms,
the MACD-Histogram is higher on the second bottom than
on the first one. This means that the indicator confirms that
a double bottom is being formed. Everything is in place for
a good trade, so we enter our buy order at 1.7623.
Now we need to keep an eye on the MACD-Histogram so
that we can maximize our trade.
At 1.7676 the MACD-Histogram gave an exit signal; so, we
closed our position with 53 pips profit.
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Super Forex System
Timeframes
Using multiple timeframes can be very useful. The choice of

multiple timeframes is crucial.
You might be using two different timeframes that are
perfect substitutes although they should complement each
other.
An easy way for you to check if your timeframes are
substitute or complementary, is to multiply your shortest
timeframe by 4.
For example, lets imagine you use a 15 minutes
timeframe. If you multiply 15 by 4, this gives you 60
minutes, i.e., 1 hour. But, if you are using a 15 minutes
chart along with a 30 minutes chart, you are using the
wrong timeframes because you are seeing the same
information on both charts. You must switch one or both
timeframes so that they complement themselves.
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Super Forex System
The Wrong Way:
In this case, we were using a 5 minutes chart and a 10

minutes chart. These are two substitute charts; they arent
complementary. This means that by looking only at one or
at both at the same time, you are receiving the exactly
same information. You are using two charts and receiving
the same information as a trader who just uses one of
these timeframes.
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Super Forex System
The Right Way:
In this case, the two timeframes are complementary. This

means that by looking at one chart you can take some
conclusions and by looking at the other one, you will take
other conclusions that may converge or not.
In this case, we are using a 15 minutes chart and a 1 hour
chart. If you multiply 15 minutes by 4, you will achieve 60
minutes, i.e., 1 hour.
You can see that you can receive some information from
one chart, and receive more information from the other
chart. More information means you will be more prepared
to make good trading decisions.
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Super Forex System
Resources
Here you will find some good websites related to the FOREX
Market.
Brokers:
Easy-Forex
ForexYard
North Finance
Oanda
Forex.com
Fxcm
Forex Broker Reviews
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Super Forex System
News:
http://www.dailyfx.com/
http://www.forextv.com/FT/index.jsp
Free Charts:
http://www.metaquotes.net/terminal
http://www.dailyfx.com/charts/Chart.html
http://www.forex-markets.com/
Professional Charting:
http://www.fxtrek.com/members/signup.asp#1
http://www.esignal.com/
http://www.metaquotes.net/terminal
141

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Copyright 2008 SuperForexSystem.com. All rights reserved.

Within this course, you will find the 16 most profitable

Enjoy the journey.

The Best Hours To Trade Forex

Since the Forex market is open 24 hours a day, a trader

The Asian Session (7PM - 4AM EST) During this period,

The European Session (2AM 12PM EST) This is one of

The U.S. Session (8AM 5PM EST) This is another great

Trendlines are one of the most simple and powerful tools of

Here are several examples of trendlines.

On this chart, you can see a good example of an uptrend

the higher uptrend line. At point 5, the price touches the

Trendlines are not a complete trading system by

In this GBP/USD 4 hour chart, there are three different

could be at point 2, with an exit signal at point 4, when the

This 15 minutes chart shows you that trendlines can even

If you use smaller timeframes on your trading, like 5

We are now going to look at a downtrend. As you already

As you can see by looking at this chart, when you are at

For any market, there is an equilibrium point around which

Pivot Point (P) = (H+L+C)/3

where H, L, C are the previous days high, low and close,

If either of these first levels is penetrated, off-floor traders

previous resistance becomes support or previous support

Some charting packages, like Intellichart, allow you to draw

Lets take a look at some practical examples.

As you can see in this GBP/USD 5 minutes chart, the blue

is easy to see that S1 is now acting as a resistance, so you

In this GBP/USD 5 minutes chart, you can see three lines:

In this GBP/USD 5 minutes chart, you can see two lines:

It is easy to see in this chart that prices usually have some

In this GBP/USD 5 minutes chart, you can see three

As you can see in this chart, prices were oscillating around

In this GBP/USD 5 minutes chart, prices were oscillating

This indicator is displayed below the chart and is one of the

The Awesome indicator appears as an histogram and has

In this GBP/USD 15 minutes chart, you can see that prices

In this GBP/USD 15 minutes chart, it is signalled the top

The Awesome indicator can be used on any timeframe you

Entry: Short Sell GBP/USD at 1.8973

On this GBP/USD 1 hour chart, you can see that the

Entry: Buy GBP/USD at 1.8802

Entry: Short Sell GBP/USD at 1.8963

In this GBP/USD 1 hour chart, since the Awesome indicator

position at 1.8963. This has given you a great profit of 161

This example shows you the power of the Awesome

In Forex, as in other financial markets, there are always

The news and events that cause major volatility in the

In this strategy, you will place 2 different orders. The buy

Trade #1 Long Position:

Entry: Buy EUR/USD at 1.2825

According to this strategy, we will place two different

After entering on one trade, in this case the long position,

Trade #2 Long Position:

Entry: Buy GBP/USD at 1.8940

In order to follow this strategy, you need to place two

Trade #3 Long Position:

Entry: Buy GBP/USD at 1.8436

The horizontal line in this GBP/USD 15 minutes chart

this indicator turns red at 1.8515. This is where you exit

Trade #4 Long Position:

Entry: Buy GBP/USD at 1.8698

In this GBP/USD 15 minutes chart, we will enter a buy