Forex:Learn how to open best position

As I promised here is the guide on how to open best position in forex to gain maximum profit. Used Parabolic SAR indicator and Bollinger Bands Indicator only.

Take a Look on this hourly chart I give explanation:

forex-open-position

With Parabolic SAR indicator you can reading the chart will going UP or DOWN in Major Trends. Is that simple? not really.. as it sometimes (rare) can break and changed direction when there is really news can affect on that pair.

With Bollinger Bands indicator you can read when charts will going up HIGHER or going down LOWER you see the blue box in the chart? when bollinger bands hit lower or higher position (In Parabolic SAR) it will going down or up HIGH this is the best time frame for you to open position to get your profit. It’s showing using yellow line and red line.

With this tips you get possibilities winning profit 8:2 but it’s not guaranteed 100% you will always profit, sometimes big news and condition can changed everything in seconds.

My next article would be safest your trading profit using target point and stop loss, you will need Fibonacci retracement to learn this.

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9 thoughts on “Forex:Learn how to open best position”

  1. buat setingannya di set berapa aja ni mas

    TF H1 ?
    BB nya ? standart aja ya
    parabolicnya ? standart juga ?
    apa perlu ada yang dirubah2 ?

  2. very good site with conetnt of forex and how to earn money by forex i woluld love to follow this site and taking some useful forex tips

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