Rubber Band FX is an accurate forex trading signals strategy.

The forex market tends to have made its major movement for the day before the London Session closes, and tends to go against the major movement for the day after the London market closes. This forex trading strategy takes advantage of this characteristic of the Forex markets.

Past results are not necessarily indicative of future results.

Forex Alert Signals Strategy Overview

• Normal stops: 15 to 30 Pips
• Target: 20 to 30 Pips
• Win rate: 75% to 80%
• Trade Times: 11:00 AM to 13:3

Confluence of technical trade set up:

• Identifying on high level time frame, such as daily 4 hours and 1 hour time frame showing the price rejection points.  These incorporate many pips in a candle stick chart.  Trading through this way leads to a rubber band change of direction of the trend.

• Identifying the Fibonacci Price Retracement point:

One of the important steps is to identify these Fibonacci price retracement points on major swing moves, such as 61.8, 78.6 and 50% retracement level on bigger time frames.

• Identifying the Fibonacci Price Extension levels:

Identification of these points is essential specially 100, 138.2 and 161.8. During the process we should make sure the extension level starts from the bottom of the small detracement of the major move.

• Identifying a confluence or a cluster of above mentioned levels

Taking the relative effect of above steps the trade setup can warrant a reversal by taking into consideration these levels can turn out to be excellent trade entry points with low risk probability and opportunity to get ample rewards.

Steps involved in identifying the market potential swing levels:

• By taking into consideration the daily 4 hour, 60 minute charts and these charts draw the price rejection points keeping in mind to encompass as many pips as possible.
• Together with this we should keep in mind to incorporate daily charts, 4 hour charts, 60 min charts, 15 min and the 5 min charts.

The Rubberband trade looks at the average movement of a Currency pair over the last month, and when the market reaches a Major Support / Resistance
level, and it is stretched ATR, I will look to reverse the Trend of the day and scalp a few Pips.

This is a Counter Trend Strategy. And uses Support and Resistance/ Piviots/Time Of the Day, Fibonacci Extension Levels and Japanises candle sticks.

There are many “Rubber Band” Trade Opportunities for which we provide detailed examples and charts for our members.

All of these are stand alone systems and are not dependent on each other, however we have seen that the Good Morning London works best during Trending markets and the Rubber band trades work like a charm during Choppy markets,

And While the Markets are in transition, from trending to Choppy or from Choppy to Trending, the news trading system nearly always produces some good winners.

It takes a combination of many good trading systems to have all the odds stacked in your favor if you want to trade around the clock and earn a living you can now have the pros do all the work for you. We have designed these systems to be used individually or in combination to maximize your profit potential.

We look forward to having on our team.

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