Strtegy forex on lines of the trend DEMARK II
Tom Demark known Forex consultant and trader. I bring to your attention one more of his strategy. This strategy very simple, but very powerful also allows to gain income. Strategy works at all currency pairs. Strategy of forex is based on a break method.
What settings will be necessary for us:
4. To draw the line of a trend of Tom Demark.
Line of a trend of Tom Demark
For this purpose we use ready software solution for MT4 which will build TD points (Tom Demark's point) and to carry out TD lines of a trend (the line of a trend of Tom Demark).
We enter on the market:
1. 9 EMA has to cross 30 EMA up.
2. Momentum has to be higher than 100.
3. The price has to punch the line of a trend of Tom Demark up. The entrance has to be carried out when opening a new hour candle after crossing (be convinced that crossing was valid and the price has punched Tom Demark's trend).
Also have so understood when it is necessary to buy, now what with sale?