Forex; MACD and 25 SMA Daily Trading Strategy

I use a strategy which is for positional trading and this strategy gives huge profit.
Time frame -Daily
Indicators - Macd(30,45,15)
Simple moving average(25)
Currency pair - Any trending pair.
Buy setup - Buy when Macd (30,45,15) gives buy signal.
Reentries can be made when price retraces to 25 days Sma.

Sell setup - Sell when Macd(30,45,15)gives sell signal.
Reentries can be made when price retraces to 25 days
Sma.
Stop loss - Below /Above previous pivot low/high.
Target - Exit when 25 days Sma starts to drift or use trailing stops to determine safe exit.
You will not get signals every week but whenever you will get it it will give a huge profit.

--- by FxStrtgRevl – Pirate ----

Forex; MACD and 25 SMA Daily Trading Strategy 2008-12-02T05:37:00-08:00 Rating: 4.5 Diposkan Oleh: admin