Forex Moving Average Strategy at Work | Forex
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http://www.forexindicator.org (a Forex blog by the author of several forex books) Learn how to trade effectively and profitably with the forex moving average strategy that is formulated by a real trader.
Comments
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thank you Mr. Lee
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How do you know that 70 pips is a safe bet? What if we are in a time when the daily is only moving say..... 20-30 pips? Do you determine your targets by the daily/wkly/240min total pip movement?
If I were to trade and aim for 20 pips target, would you suggest moving the stop loss to be 1/2 of that(10 pips)?
When do you initiate a trade, Immediately after the two lines cross? (or just as long as the two lines are growing farther apart and or trending?)
What about support and resistance lines? Are we paying any attention to those? -
Excellent strategies. Thanks.
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Hi kelvin, i have sent you emails regarding questions on Forex Mastery. I hope to hear from you soon. Thanks.
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nice. very informative