FX Maths
FX Maths
www.forexmaths.com
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Lets Start the strategy
• We need previous 5 days of Data.
• Open, High, Low, Close.
• You can make a excel sheet.
• To Trade on 6th , You need data of
5th,4th,3rd,2nd,1st.
• This is to identify the weekly trend.
(Weekly means Previous 5 trading days)
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Understanding the Weekly trend
• You can make a excel sheet.
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Understanding the Weekly trend
• Add all Open, High, Low, Close.
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Understanding the Weekly trend
• Add all Open, High, Low, Close. And get
Average price of all 20 prices
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Understanding the Weekly trend
• Add all Open, High, Low, Close. And get
Average price of all 20 prices
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Understanding the Weekly trend
• All 5 Opens, 5 Highs, 5 Lows, 5 Closes
average price is 1.0559
• Now see where the last close is
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Understanding the Weekly trend
• Last Close is 1.0702
• Average Price 1.0559
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Understanding the Weekly trend
• It means last close is greater than Average
price.
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Understanding the Weekly trend
• If last close is greater than Avg. Price we
consider market as weekly Bullish.
• If last close is lesser than Avg. Price we
consider market as weekly bearish.
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Weekly trend is Bullish
• Now we will learn to calculate the Range.
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How to calculate range
Get Average of Previous 2 Highs and
Previous 2 Lows
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Next Day or Trading day
• Next day when market opens.
• Get the Opening Price
• For example: Opening price is 1.0701
• Range is 133 means 0.0133
• Divide: 0.0133 / 4 = 0.0033
• 1.0701 minus 0.0033 = 1.0668
• 1.0668 = Stoploss
• Buy Above 1.0701
• Buy around 1.0703 or 1.0705
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Entry ,Stoploss & Target
• Next day when market opens.
• Get the Opening Price
• For example: Opening price is 1.0701
• Range is 133 means 0.0133
• Divide: 0.0133 / 4 = 0.0033
• 1.0701 minus 0.0033 = 1.0668
• 1.0668 = Stoploss
• Buy Above 1.0701 or Buy around 1.0703 or 1.0705
• Multiply : 0.0133 x 0.75 = 0.0099
• Add : 1.0701 + 0.0099 = 1.0800
• 1.0800 = Target
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Entry ,Stoploss & Target
• Next day when market opens.
• Get the Opening Price
• For example: Opening price is 1.0701
• Range is 133 means 0.0133
• Divide: 0.0133 / 4 = 0.0033
• 1.0701 minus 0.0033 = 1.0668
• 1.0668 = Stoploss
• Buy Above 1.0701 or Buy around 1.0703 or 1.0705
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For Bearish Trend
Trade vise versa
Stoploss will be above Open price
And for Target Minus Range
Calculations.
This Strategy Ends here
Next page you will learn how to calculate Resistance
and Support Levels using Range Formula
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Once you calculated the range
133 / 4 = 33
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Calculate Resistance & Support
This is a different theory to calculate Resistance & Support
1.0701- 33 = 1.0668 S1
1.0701- 66 = 1.0635 S2
1.0701- 99 = 1.0602 S3
R = Resistance S = Support
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Disclaimer
• All strategy need practice.
• Please test all strategy on paper before you
trade in Forex.
• Investing or Trading in Forex market is risky and
can lead to significant financial loss. Please do
your own research before acting on any Forex
Study, Strategy, formula from forexmaths.com.
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Forex Maths Strategy
We hope you like this strategy.
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