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Support and Exponential Strategy

Hello everyone! So as I promised, here it is! The Support and Exponential Strategy that I use when I am posting signals and trading. For this strategy to work and have a 75%+ you need to use it with 15 min charts. It is achieved following the next steps:

 

  1. Once you already have the pair in a 15 min chart, add 2 Moving Average indicators, the first one using 360 Exponential (Blue) and the second one using 180 Exponential (Red). As the images below show:

     

     

     

     

     

     

     

     

     

2.  If the Red Line Moving Average is above the Blue Line, it is an Uptrend and we will look for oppportunities to CALL only. Same thing, if the Red Line is below the Blue Line, it is a Downtrend, and therefore we will look for a PUT option ONLY!. Next step is to find a resistance or reversal point where a candlestick touch 2 or 2 times before and then changed its direction. See images below:

 

 

 

 

 

 

 

 

 

So if you noticed, the Green Arrow goes for a Call, and the Red Arrow goes for a Put.  When we see the candlestick, touching the resistance or reversal point, we put or call, depending on the direction, for the next 10 to 15 min espiry time.

 

 

The strategy goes perfect for 15 min Expiry time. 

 

VERY IMPORTANT!

 

The pairs I use it with are: USD/JPY, EUR/JPY, AUD/JPY, GBP/USD, EUR/GBP and EUR/USD. The schedule I use it is from 00:00 GMT to 4:00 GMT.

 

I really hope this article is helpful for all of you and always remember to use demo first!

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