Hi Folks,
This Strategy is very simple,
TF H1
SMA10
SMA20
PA
Stochastic 14,3,3
TP : 50
SL : not so tight ( moderate H1 --- 30 - 50 pips )
Trailing Stop ( optional )
The Entry is when PA, SMA10, SMA20 Closer each other
Buy Entry :
PA above SMA10 and both of them above SMA20
Main Stochastic above Signal Stochastic and the angle is hour 12-2 direction
Sell Entry :
PA below SMA10 and both of them below SMA20
Main Stochastic below Signal Stochastic and the angle is hour 4-6 direction
Set the TP and SL
Dont't forget to use MM.
For SMA20 u can use Bollinger Band as well , because the middle period default is 20 too.
This Strategy is very common, and most of the "Expert Trader" smile and laught when see this strategy and most of them said " U Can not make Green with that old kind of indicators"
But most of the people also believe that the science behind "How to Read Moving Average Accurately is MISTERY"
Be Simple,Patient, and strong with MM knowledge , I believe the beginner trader will be profit soon.
Happy Trading.
This Strategy is very simple,
TF H1
SMA10
SMA20
PA
Stochastic 14,3,3
TP : 50
SL : not so tight ( moderate H1 --- 30 - 50 pips )
Trailing Stop ( optional )
The Entry is when PA, SMA10, SMA20 Closer each other
Buy Entry :
PA above SMA10 and both of them above SMA20
Main Stochastic above Signal Stochastic and the angle is hour 12-2 direction
Sell Entry :
PA below SMA10 and both of them below SMA20
Main Stochastic below Signal Stochastic and the angle is hour 4-6 direction
Set the TP and SL
Dont't forget to use MM.
For SMA20 u can use Bollinger Band as well , because the middle period default is 20 too.
This Strategy is very common, and most of the "Expert Trader" smile and laught when see this strategy and most of them said " U Can not make Green with that old kind of indicators"
But most of the people also believe that the science behind "How to Read Moving Average Accurately is MISTERY"
Be Simple,Patient, and strong with MM knowledge , I believe the beginner trader will be profit soon.
Happy Trading.