My Favorite (Personal) Trading Setup / System - Free

[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.

[e-mail]

Blog

[juicyt]

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

[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,