Awesome momentum daily trading system ~ forex market hours jan 2
Awesome momentum daily trading system is a momentum trading system.
This system will work daily time frame.
Currency pairs: any.
Two indicators are used – one for trend and one to trigger our entry.
The indicators:
Momentum (using 100 setting).
Awesome Oscillator
Trading rules Awesome momentum daily trading system
Buy
We only look to BUY when Momentum indicator is ABOVE 100.
We then BUY when the Awesome crosses from below 0-line to ABOVE 0- line.
Sell
We only look to SELL when Momentum indicator is Below 100.
We then Sell when the Awesome crosses from below 0-line to Below 0- line.
Profit: 100-140 pips.
Place your stop above the most recent swing high in a down trend market or below the most recent swing low in an uptrend market.
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Awesome momentum daily trading system |
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Awesome momentum daily trading system |
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