Forex Strategy «Big Dog» is very simple and requires no additional forex indicators need only graphic constructions tools that are present in any trading platform Metatrader 4.
Approximate income received on the forex strategy a day from 30 to 50 pips (depending on the chosen currency pair and on how well you are doing all the building and not to make mistakes).
So, all that you need to trade on the forex strategy «Big Dog» - is to do the following:
1. Choose the 15 minute chart of any currency pair with the USD (although I personally am a supporter or GBPUSD USDJPY - it all depends on how the market behaves at the moment).
2. On the chart for the chosen currency pair draw a vertical line at 12:00 (GMT time instead of the terminal and MSC - consider this fact required) - ie the opening of the US session.
3. Next, draw a another vertical line at 14:00 (time as GMT)
4. Now draw a horizontal line at the highest price in this interval - for Huy.
5. And as itself draw a horizontal line at the lower price between procherchinymi vertical lines - on low.
Here, in principle, all constructions, and now expose 2 pending orders to break through (Buy Stop and Sell Stop) on the border of incised horizontal lines.
Stop-loss - on the opposite border of incised channel.
Estimated Take Profit 30-50 pips (depending on the chosen currency pair).
It can be used in this strategy Forex Trailing Stop 10-15 pips (you can and "trailing stop of 1 point" - when his help is very easy just to put pending orders, and maintain - perfect!)
