18

Parabolic Session Trade Setups

Mechanical rules

  • ·NO MAJOR NEWS RELEASES scheduled (use First Bounce)
  • ·Setups using 15 minute charts
  • ·Entry: 5 minute chart with 20 EMA close back inside in line with our trend trade direction during the timing window.
  • ·Max stop loss: 15(-20) pips currencies · 20(-25) pips gold, oil, indexes
  • ·Profit Targets: vary per setup
  • ·Minimum: 50 pips. Others may be 75, 100, or 100+ depending on instrument and setup.
  • ·Profit targets can be measured move 100% expansions of the rectangle high-low range.
USDCAD three session parabolic trend trade
EURAUD Asia session parabolic reversal trade
USDCHF Day 2 three session New York parabolic reversal trade