The Valeo FX Method Trading System represents a trend-following forex and stock trading strategy. It comprises both paint and non-repaint CCI oscillators alongside exponential moving averages to spot solid buy-sell signals.
According to our review, Valeo FX Method Trading System is a good match for all timeframes and supports day and intraday trading.
The Valeo FX Method Trading System applies pivot points, EMA crossovers, and multiple CCi alerts in the main chart. Besides, it includes Trend CCI and Chimp 2.1 oscillators for assessing the current trend condition.
Valeo FX Method Trading System Explanation
The crossover between 10 and 15-period EMA provides the primary confirmation of the intraday market trend. For instance, 10 EMA exceeding the 15 EMA signal a bullish market trend, and it is time to look for buy opportunities only.
Trend CCI and Chimp 2.1 demonstrate in-detailed trend status in their oscillator windows. However, the system includes CCI and Chimp arrow alerts on the main chart so beginners can easily read the trend signals.
Whether you go long or short, try to place the order as closely as possible to the 10 EMA level. Also, use the 15 EMA level for determining stop-loss positions. Consider a trade exit whenever the price breaks the 15 EMA level within an opposite direction to your entry.
I have been actively trading the financial markets since April 2012. Besides trading with my personal money I am a technical analyst in a mutual fund that has Rs. 1 billion in assets under management. At my leisure, I love attending live music, traveling, and partying with friends.
Risk Warning: Trading in the forex market is very risky. Thus, it is may not be for everyone. A highly leveraged position can work against the trader when the trade does not work as expected. Trading in the forex market can cause to lose a significant portion of the capital or all of the capital. It is crucial to learn about the trading and gain enough experience in the demo account before trading with real money. The trading strategies published on this website do not guarantee profit as the market is dynamic and unpredictable. The past performance of a strategy is not the indicative of future performance. Trend Following System will not accept any kind of liability or damage caused by trading the strategies published on this website.
