Fady Younan is a forex trading strategy. It is a trend following forex trading system. Entries can be made in counter trend direction too but it contains substantial amount of risk. One way of being successful in forex trading is by taking only the trades that have higher probability of success. So trading in a trending market using trend following system might help to do this. Fady Younan is a simple forex trading strategy. Fady Younan can be understood even by newbie traders with few times of practice. The Fady Younan system consists of few moving averages on the main chart and an indicator called Volty channel stop appear above and below the chart. A zigzag indicator which moves with the price is also present on the chart.
The main feature of Fady Younan is it predicts the price and draws the predicted price on the chart so that you can trade according to those predicted price direction.
When the Fady Younan indicator is correctly installed on your trading platform your chart should look like this:
- Volty Channel Stop
Volty Channel stop is an indicator that moves below and above the price chart. It helps to figure out the direction of the market. When the volty channel stop is above the price it indicates the downward pressure while when the volty channel stop is below the price it indicates the upward pressure.
- Strukture-x
Strukture-x is an indicator which shows the path for the predicted direction of the market. This indicator is quite unique concept.
- Waddah After Explosion
It consists of histogram bars that are red and green in color. Red bars indicate the bearish move in the market while the green bars indicate the bullish move in the market.
- MACD
There are two MACD indicators used in Fady Younan system but they differ in the periods. When the MACD histogram are in positive territory the market is bullish in color while when the histogram is in negative territory the market is bearish.
- SEFC- Bull- Bear
SEFC-Bull-Bear is custom made indicator which consists of red and green bars. When the market is up the bars are in positive region and the color is green similarly, when the market is down the bars are in negative territory and the bars are red.
Buying Conditions Using Fady Younan.
- Find out the pair in which Strukture-x indicator is rising.
- For more confirmation you can wait for wadah Attar explosion indicator to be green.
- Wait for MACD to be in positive territory.
- SEFC-Bull-Bear indicator should be in positive territory.
- Place your stop just below the recent swing low.
- Set your target at the uptrend reversal as shown by the structure-x indicator.
Selling Conditions Using Fady Younan.
- Find out the pair in which Strukture-x indicator is falling.
- For more confirmation you can wait for wadah Attar explosion indicator to be red.
- Wait for MACD to be in negative territory.
- SEFC-Bull-Bear indicator should be in negative territory.
- Place your stop just above the recent swing high.
- Set your target at the downtrend reversal as shown by the structure-x indicator.
Open demo account to test this system.
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