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Gann Power System Forex Strategy

This strategy uses the Gann Line and an MT4 indicator to generate trading signals for major currency pairs like EUR/USD, AUD/USD, GBP/USD, and USD/CHF. Buy signals occur when the price candle closes above a green Gann Line and the indicator is blue. Sell signals happen when the candle closes below a red Gann Line and the indicator is brown. Profit targets of 20-30 pips are recommended for EUR/USD on a 30-minute chart. Stop losses should correspond to the chosen time frame, such as 25 pips for a 30-minute chart. The strategy aims to earn profits from trades where it is right while limiting losses from losing trades.

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128 views1 page

Gann Power System Forex Strategy

This strategy uses the Gann Line and an MT4 indicator to generate trading signals for major currency pairs like EUR/USD, AUD/USD, GBP/USD, and USD/CHF. Buy signals occur when the price candle closes above a green Gann Line and the indicator is blue. Sell signals happen when the candle closes below a red Gann Line and the indicator is brown. Profit targets of 20-30 pips are recommended for EUR/USD on a 30-minute chart. Stop losses should correspond to the chosen time frame, such as 25 pips for a 30-minute chart. The strategy aims to earn profits from trades where it is right while limiting losses from losing trades.

Uploaded by

allly
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Gann Power System Forex Strategy

The Gann Power System Forex Strategy

This strategy has shown to work for all main currency pairs. However, I will personally
recommend EUR/USD, AUD/USD, GBP/USD as well as USD/CHF since these are most
liquid options. You may opt for any kind of time frame, based on your specific trading style.
However, my personal preferences are M30 or M15 chart. In case you’re trading with shorter
time frames, try to avoid trading activities in irregular market situations like late Fridays or
early Asian session.

Trading success denotes earning the best possible returns when the trader is right & losing
out on as meager as possible while he is wrong. It’s the very essence of this kind of business.
After all, trading is especially about the process of “pain taking” end of the day but many
don’t realize this yet. It denotes the very process of bypassing greed, fear & mastering
calmness. Here I am offering you a great strategy that will enable you to thrive in the market.

Please see the chart here:

There’re two powerful indicators which you have to watch. The good news is trading rules
here are extremely easy.

Buy Signal:
-Wait till  price candle closes above Gann Line
- Gann Line must be green
-MT4 indicator must be blue

Sell Signal:
-Wait till price candle closes below Gann Line
-Gann Line must be red
-MT4 indicator must be brown

Profit Target: Well, it will depend on your chosen currency pair for trading. if its EUR/USD
on a 30M time, you can take to minimum 20-30 pips. Try the strategy given here on various
pairs to find the best option before you plunge to trade live.

Stop Loss- It all depends on your chosen time frame for trading. So for example, if there are
25 pips, the time frame will be 30M.

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