farsitools
New Member
I developed a very simple strategy with basic indicators that can be applied to low spread currency pairs.
Please use it only on the 1 min trading charts.
Chart Setup:
First check the news time and important news
Warning: Do not use this method at the time of news
Indicators: moving average 12 exponential , moving average 26 exponential and moving average 55 simple
Time frame: 1m
Trading sessions: London and USA
Currency pairs: Low spread (EUR/USD, USD/JPY or ....)
for buy
for sell
Warning: It is your responsibility to test and practice
Thank You
Please use it only on the 1 min trading charts.
Chart Setup:
First check the news time and important news
Warning: Do not use this method at the time of news
Indicators: moving average 12 exponential , moving average 26 exponential and moving average 55 simple
Time frame: 1m
Trading sessions: London and USA
Currency pairs: Low spread (EUR/USD, USD/JPY or ....)
for buy
- 12 EMA crosses up the 26 EMA and 55 EMA from below
- Open buy position
- Place protective stop-loss below the most recent swing low
- Exit the trade for 9 to 15 pips profit
for sell
- 12 EMA crosses down the 26 EMA and 55 EMA from above
- Open sell position
- Place protective stop-loss above the most recent swing high
- Exit the trade for 9 to 15 pips profit
Warning: It is your responsibility to test and practice
Thank You