LONG ENTRY RULES: 1. Cloud is colored Blue which shows an ongoing uptrend at the moment. 2. The price falls towards the blue cloud and touches / penetrates it, or rather closes in it. 3. The long voice comes open when the white arrow appears. 4. Stop Loss makes a few points under the white entry arrow. 5. Take Profit is set to 1 or 2 times the Stop Loss amount. 6. Or the Stop Loss can be dragged behind the lower band of the cloud until it is hit. SHORT
ENTRY RULES: 1. The cloud is colored Red shows an ongoing downtrend at the moment. 2. The price rises towards the red cloud and touches / penetrates or rather closes in it. 3. The short entry is opened when the yellow arrow appears. 4. Stop Loss makes a few points above the yellow entry arrow. 5. Take Profit is set to 1 or 2 times the Stop Loss amount. 6. Or Stop Loss can be dragged behind the cloud top band until it comes hit it. As you can see, this system is simple to use, yet very powerful and profitable. I enjoyed creating and use it and hope you will too. Works well with Price Action trading. This system is useful also for binary options. Choose your broker by checking the Binary Options Broker Review. You can use it on all currency pairs and times, but try to avoid big impact news before start your operations.
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