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Welcome To HFX Script

TOP 3 Forex Strategies That Works

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Currency Pairs that Typically Move in the SAME Direction

EUR/USD and GBP/USD

EUR/USD and AUD/USD

EUR/USD and NZD/USD

USD/CHF and USD/JPY

AUD/USD and NZD/USD

Currency Pairs That Typically Move in the OPPOSITE Direction

EUR/USD and USD/CHF

GBP/USD and USD/JPY

USD/CAD and AUD/USD

USD/JPY and AUD/USD

GBP/USD and USD/CHF

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1.Support & Resistance


This strategy follows the old business cliché, "buy low and sell high."
Forex traders quantify. How low the price is and how high is the level by
analyzing the areas where the prices are. .Stops and Reversals Support
refers to a level where the price rarely breaks down before turning, and the
number of buyers is greater than the number of sellers, causing the price to
resistance is therise.
levelOn
where
the other
the price
hand,exceeds
volatilitythe
is number
rarely high,
of shares.
and sellers'
This
reason for buying is reducing the price. In both cases, the price stops and
turns.

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2 Pinnocchio Strategy
A pinnocchio has a very short body and of A bar is a candlestick bar that
a very long bulb (nose). It is also called a
shooting star, hanging man, and gamer. You may remember that
Pinnochio's

The nose grew longer when he was lying. The same thing happens with
this strategy: When the candle is lit. Longer than the body, it tells us that
the market is cheating us and we should trade. .The contrarian entry point
varies: some traders prefer to wait for the next candle to retrace the 50%
Fibonacci level of the pin bar, while others enter immediately after the pin
bar closes. A long that indicates strong selling pressure; A long tail indicates
strong buying power.

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3 The Double Red Strategy The Double Red


Strategy is a short-term reversal system based on price action
and resistance. Trades are planned on the 5-minute chart and
are indicated when two bearish candles form after a test of
resistance. How to profit? Select an asset and watch the market
until you see the first red bar. Then wait a second. Red Bar If the
second red bar closes lower than the first red bar, it's a jackpot

Is.
Usually, what happens is that the third time will go even lower than the second time. This
Is
The point where you should open a short position

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Forex Trading VS Commodities Relationships


between currencies and commodities exist in all financial
markets. How to trade these trends

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What is it? BE… So

!BREAKEVEN means

There is a BE !step to protect your capital or balance from facing any loss after earning
profit

Basically, making bits of profit while minimizing any losses while trading.

can set By transferring BE your own SL before price action

is for and to the right (SL (You can see the pattern from the image above. After the
left stop loss is lost. (BE (once break even

I hope you find it useful.

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Double top and double bottom

A double top occurs when the price reaches the resistance level twice. Due to strong resistance, the
price will not make progress and will fall.

Double top: sell only.

A double bottom is when the price reaches support twice. Because of the strong support, the price will
not fall and will continue to rise.

Double Bottom: Buy Online

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Head and shoulders

This sample is broken into two parts.

Head and Shoulders .1

Inverted Head and Shoulders .2

The head and shoulder serves as a pattern for us to identify a sell setup. st is Once we 1

.so, we will buy on the other side of the shoulder

Head and shoulders: sell only.

The head and shoulder works similarly but we would look for a buy setup on the other shoulder upside down

are

Upside: Buy only.

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Trading Chart Patterns

Get more profit if you see the chart pattern easily.

These are usually chart patterns

Mall with pair. It's easy GOLD#

To trade it, trust me! Just look at it

Chart patterns one by one.

It usually happens before that.

Is The market starts quickly. It could be

considered as an indication of

A change in market direction

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XAUUSD HNS Pattern

??? What is HNS?

There is a cell. HNS this

The Head and Shoulders chart pattern is a popular and easy-to-find one. It shows a baseline with three
peaks, the middle peak being the highest.

Head and shoulders occur when an uptrend is reversed into a downtrend -


Is.

Use price setup. PIPS running on HNS only 1369

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Patterns we can associate with trend lines. HNS

But how?
Before this breakout trend line / breakout support must be present. If the
market is already breakout then we need to wait for entry of "price rate
touch trend line" sell it.

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Set up a double top.

Build a sale and price resistance shoulder rights property. This time after the HNS
price is strong for the sell price make it a double top

If the price pulls back 3 times in this zone, it is no longer strong.-

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Buy shoulder to shoulder.

The Head and Shoulders chart pattern is a popular and easy-to-find one. To buy - you guys are
just looking higher at new resistance, before resistance and after resistance.

Chart pattern for buying Shoulder Head Shoulder from down trend to up trend - is a reversal
chart pattern so if on up trend we focus on buying

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Always remember this pattern!!

Buy an outtrend aligned pullback entry. BREAK-

Its place is very popular. After price already breakout, we have to wait for pullback for confirmation.

use TRENDLINE We only

The waiting game is real.

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In trading you can create a zone just by looking at the candlestick.

You can buy goods. Engulfing Bullish If the price pullback-

Marks above strongly. H1 If you time frame

Prepare the tape for the next lesson.

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Example of functions UPTREND on tredline

In the uptrend market we only

will focus on, we will buy on Blue Align.

Example of functions DOWNTREND on tredline

will focus on, we will SELL on the red line SELL in a downtrend market we will spend.

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Head and shoulder

: There are two types of head and shoulders pattern

Head and Shoulders -1

Reverse head and shoulder -2

The head and shoulders served as a model for us to find sell positions. We will sell when we see the first shoulder

and head formation. So the sell positions will be on the other shoulder.

Head and Shoulders: For sale only

The reverse head and shoulder works similarly but we will look for a buying position on another shoulder formation.

Inverse Head and Shoulders: Only to buy

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Candlestick strategy
1. This results in a bearish pattern and indicates that sellers have re-entered the market
and the uptrend may end.

If a bearish candle is formed the next day, traders can enter a short position and place
a stop at the height of the hanging man.

Hanging man Candlestick

2. This results in a bullish pattern and indicates that buyers have returned and the
Is. downtrend may end in the market.

Traders can enter a long position if a bullish candle is formed the next day and
place a stop at the low of the hammer.

Hammer man Candlestick

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Hammer and hanging man Candlestick Example

**A bullish three-line strike reversal pattern forms three black candles in a downtrend. every
The bar posts a low and closes near the intra-bar low. Fourth time too
The first candle in the series that reverses Opens below but closes above the bar high outside of a
wide range. The opening print would also mark the bottom of the fourth bar
Reverse predicts high prices with an 83% accuracy rate Is. According to Bilkowski,
it does

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**A bearish three-black curve reversal pattern begins at or near the uptrend
high, with the three black bars posting lows that are close to intrabar lows.
This pattern predicts that the decline will continue to lower levels, perhaps
triggering a broader downtrend. The most bearish version starts at a new
high as it traps buyers entering momentum plays. (A) According to Bullkowski's
point on the chart, this pattern predicts lower prices with a 78% accuracy rate.

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