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Forex Income Code

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Forex Income Code  Daily Pips System

Items Sold Count: 58

Available quantity: 3

Language: English

Markets: All markets/assets in your trading platform

Forex Income Code is a “Daily Pips System”, a trading system designed for the Forex market.

The system is based on several technical analysis methods and strategies that were tested for years and proven to be the most effective.
You can use this system with all pairs and all time frames, but we highly recommend that you use it with major pairs and 5 Minutes or higher time frames.

Overview

About Forex Income Code

Forex Income Code is mainly a trend-following system designed for trading the forex market. The methods used with this system are powerful and effective. But most importantly, they were tested for a long time in real trading situations and with different markets.

How does the system work? The system is using different indicators to identify the major trend and show you the best entry/exit points.
The system is also equipped with powerful support and resistance indicators that we’ll be using to place stop loss and targets.

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Trend Lines

|  695 views  |  Category: Support and Resistance  |

Trend lines are probably the most common form of technical analysis in forex trading, and If drawn correctly, they can be as accurate as any other method.

Unfortunately, most forex traders don’t draw them correctly, or they try to make the line fit the market instead of the other way around.

Trend Lines

In their most basic form, an Uptrend line is drawn along the bottom of identifiable support areas (valleys) and is known as an Ascending Trend Line.

In a Downtrend, the trend line is drawn along the top of identifiable resistance areas (peaks) and is known as a Descending Trend Line.

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