The Sicuro Forex Trading System is a reliable forex trading system for the serious traders. The system is really easy to understand and it generates crystal clear signals. The Sicuro Forex Trading System is equally helpful to the beginner traders as well as for the experienced traders. The system is a trend following forex trading system. The Sicuro Forex Trading System consists of three technical indicators and they are very clean and effective technical indicators. The system is based on the concept of support and resistance. The idea is to buy around the support zone and to sell around the resistance zone.
When the Sicuro Forex Trading System is correctly installed on your trading platform, your chart should look like this:
- Price Channel
Price Channel is one of the forex trading indicators used in the Sicuro Forex trading system. It is one of the main signal generator indicators of this forex trading system. This indicator consists of a channel and price tends to fluctuate within this channel. On the middle, you can also see the middle band but your priority should be the top and bottom bands.
- EUR Sicuro Forex
The EUR Sicuro Forex is a technical indicator which consists of a histogram that fluctuates in positive and negative territory. When the histogram is above zero, you must know that the market is up and vice versa.
- MACD
The MACD indicator here consists of a two oscillators with a histogram. Here, the two oscillators and a histogram give more edge while making a trading decision. Suppose, when the blue oscillator crosses above the red oscillator, it’s a buy signal. And, when this crossover is confirmed by the histogram, it’s a good thing.
Buying Conditions Using Sicuro Forex Trading System.
- Price should touch the bottom band of the price channel
- The EUR Sicuro indicator should be in positive territory.
- The blue oscillator of MACD should cross above the red oscillator.
- The histogram of MACD should be blue.
- Place your long position as soon as above conditions are met.
- Place your stop loss just below the recent swing low.
- Take your profit when the blue oscillator of MACD crosses below the red oscillator.
Selling Conditions Using Sicuro Forex Trading System.
- Price should touch the top band of the price channel
- The EUR Sicuro indicator should be in negative territory.
- The blue oscillator of MACD should cross below the red oscillator.
- The histogram of MACD should be red.
- Place your short position as soon as above conditions are met.
- Place your stop loss just above the recent swing high.
- Take your profit when the blue oscillator of MACD crosses above the red oscillator.
Open demo account to test this system.
Download Free Sicuro Forex Trading System
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