فوركس ساتو

THE SURFING CONCEPTS
SURFING BASICS
In this section I’m going to teach you the “basic” technique of this
strategy. The rest of this eBook will explain variations of this to
FOREX Surfing Draft
better catch your pips.forex sato
For sake of convenience I’m going to explain how this works
assuming that the prices are trending up. For a downtrend just turn
everything I say here upside down as it works identically (with one
exception I’ll talk about later regarding your broker’s pip spreads
between bid and ask prices).
Let’s look at a 5-minute chart of some currency.forex sato

What you should notice here is that it is an up trend because it is
making progressively higher highs and higher lows. Notice how it
looks like waves in an ocean, moving up, down, and back up again.
Now here is a bit of “theory” for you to understand. During a trend
prices move in waves making higher highs, and higher lows (as I’ve
already explained). Generally, if after it dips back down it crosses
above the last high then there is a high probability that it will
continue in that direction. If during a dip back down the price
crosses below the last significant low then there is a high probability
that it will continue in that direction, meaning you are possibly
facing market reversal, particularly if it crosses your trend line.
At this point we’re going to break into two variations of this basic
strategy.
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