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FX Maths

Forex strategy

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0% found this document useful (0 votes)
545 views24 pages

FX Maths

Forex strategy

Uploaded by

r9572125288
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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FOREX MATHS STRATEGY

www.forexmaths.com

http://www.forexmaths.com
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.

http://www.forexmaths.com
Understanding the Weekly trend
• Add all Open, High, Low, Close. And get
Average price of all 20 prices

http://www.forexmaths.com
Understanding the Weekly trend
• Add all Open, High, Low, Close. And get
Average price of all 20 prices

http://www.forexmaths.com
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

http://www.forexmaths.com
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

Add these 2 figure


and get Average
1.069 +1.0734 = 2.1424 / 2 = 1.0712
http://www.forexmaths.com
How to calculate range
Get Average of Previous 2 Highs and Previous 2 Lows

Now Add these 2 figure


and get Average
1.0549 +1.061 = 2.1159 / 2 = 1.05795
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How to calculate range

1.0690 +1.0734 = 2.1424 / 2 = 1.0712


1.0549 +1.0610 = 2.1159 / 2 = 1.0579

• Now we have 2 figures to calculate


• 1.0712 Minus 1.0579 = 133

133 will be called as Range


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So Far we have Calculated

• Last Close = 1.0702


• Average Price = 1.0559
• Range = 133
• We found the weekly trend as bullish
• So we will Buy next day.
• What will be our Trade?

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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

http://www.forexmaths.com
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
• Hold your trade with strict Stoploss.
http://www.forexmaths.com
Entry ,Stoploss & Target
• Everyday you will calculate a new Range and New
Target.
• You can hold you trade for next day if the current close is
above the Target.
• Never hold your trade in loss

http://www.forexmaths.com
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

http://www.forexmaths.com
Once you calculated the range

You can also use it as a


Resistance and Support levels
Range = 133 Open = 1.0701

133 / 4 = 33

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Calculate Resistance & Support
This is a different theory to calculate Resistance & Support

133 / 4 = 33 Open Price = 1.0701


33 + 33 = 66
66 + 33 = 99
1.0701+99 = 1.0800 R3
1.0701+66 = 1.0767 R2
1.0701+33 = 1.0734 R1

1.0701- 33 = 1.0668 S1
1.0701- 66 = 1.0635 S2
1.0701- 99 = 1.0602 S3
R = Resistance S = Support

http://www.forexmaths.com
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.

http://www.forexmaths.com
Forex Maths Strategy
We hope you like this strategy.
• We also teach Technical Analysis
• Soon we are coming up with Strategy for Option.
• For more details visit our website
• Bookmark us and Keep visiting regularly for new courses.

We keep updating our strategy. If you find any


interesting point to be added in this strategy you
can mail us on
[email protected]

Thank You and Happy Trading


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