My Favorite (Personal) Trading Setup / System - Free

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fxmovers
6
fxmovers  

BUY CONDITION

Current price > All four moving averages

First momentum indicator must be in +ve direction (Must be Green)

Second momentum indicator must breached 45 line and must be > 45

EXIT POINTS

SL: 2-3 pips below very next support line or thick moving average price

TP: 2-3 pips above very next resistance line or thick moving average price

Example of Long trade setup

SELL CONDITION

Current price < All four moving averages

First momentum indicator must be in -ve direction (Must be Red / Blue)

Second momentum indicator must breach -45 line and must be < 45

EXIT POINTS

SL: 2-3 pips above very next resistance line or thick moving average price

TP: 2-3 below very next support line or thick moving average price

If you have any questions or support regarding this

Please contact me.I would like to hear from you.

fxmovers@gmail.com

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juicyt
4
juicyt  

it look like there were about 7 losers before that winner. Is that correct? Or incorrect?

TerryToede
27
TerryToede  

Thank you for sharing.

How long have you been using this system.

And what TF it is applicable, and for what currency as well.

Regards,

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