Simple Balance System-Forex Trading Strategies-


Hi I will like to share one of the strategies you can find in the ebook Forex Trading Strategies there are more than 25 strategies, which you can chose from to become the forex trader you want.

The best thing is that when you get your copy of Forex Trading Strategies you will receive 5 FREE Bonus:

BONUS # 1: FREE FOREX SIGNALS BASIC PACKAGE FOR 1 MONTH PRICE $18.99

BONUS 2: FOREX MINI COURSE PRICE $97.00

BONUS # 3: WHAT IS HEDGING? PRICE $25.00

BONUS # 4: HOW TO CHOSE A BROKER PRICE $47.00

BONUS # 5: TRADING THE NEWS PRICE $97.00

So for only $50.00 you can get the whole package. Just go to www.fx-megaforex.com/ebook.htm and get your copy now.

Simple Balance System:Current Forex system represents a well thought

and very simple combination of indicators. Knowing what signal to look for

with each indicator, provides a good tip for good entries and exits.

Time Frame: Any

Currency: Any

Indicators: 5 Ema, 10 Ema, Stochastic (14, 3, 3), RSI (14, 70, 30)

Entry Indicator: Buy when 5 EMA crosses above 10 EMA and stochastic

lines are heading up and stochastic is not in overbought position (above

80.00 level) and RSI is above 50.

Entry Indicator: Sell when 5 EMA crosses below 10 EMA and stochastic

lines are heading down and stochastic is not in oversold position (below

20.00 level), and RSI is below 50.

Exit: when 5 EMA and 10 EMA cross in the opposite direction or if RSI

crosses the 50 mark again.

In the graphic below the blue line is the EMA 5 and the Aqua line is EMA 10. The

yellow line is the trend.

Advantages: allows filtering entries and this is more accurate.

Disadvantages: 5 and 10 EMAs can give very early exit signals.

Views: 72

Comment

You need to be a member of My Forex Space - Online Forex Trading Community to add comments!

Join My Forex Space - Online Forex Trading Community

Featured Brokers

© 2019   Created by Sam Wexler.   Powered by

Badges  |  Report an Issue  |  Terms of Service