Forex Trading Strategy 148 - forex trading income calculator xls

Forex Trading Strategy 148 ~ forex trading income calculator xls

Market Analysis of the 22nd of September 2014 : Opportunities on EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, XAU/USD, EUR/JPY, USD/CAD & NZD/USD D1
Click on the Menu on "Market Analysis" for all the analysis.

All the pairs are in the very clear trend (except USD/CAD) therefore no setup on D1 but it gives a strong direction for the trades on the lower TF like H4 or H1.

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Three shorts moving averages crossover - forex market hours europe

Three shorts moving averages crossover ~ forex market hours europe

Three shorts moving averages crossover is an trading systems based on fast exponentials  moving averages are simple and easy for make trading. 
Markets: Currency pair, Indicies. 
Time frame chart: 15 min chart, or higher.
Indicators: 9 EMA, 21 EMA, 50 EMA. 

Trading rules:
Buy
9 EMA goes above 21 EMA and 50 EMA.
Sell
9 EMA goes below 21 EMA and 50 EMA.

Exit position rules:
exit when 9 EMA crosses 21 EMA in opposite direction.
Make profit on the support or resistance line or pivot point.
Place initial stop loss on the previouis swing High/Low.
Advantages: it is simple to use, and it make interesting results in trending market or during big price breakouts .
 Disadvantages: during the sideways market  with little fluctuation of the price this strategy give many false signals.
Solution: find the market in trend following and apply this trading system and trades only in the direction of the trend.
Three shorts moving averages crossover is a classic trading strategy.

Three shorts moving averages crossover

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