Forex Trading: Simple Strategy: AUDUSD 10 pips in 23mins | Forex
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This is a very simple, effective and profitable trading system based on moving average and stochastic. This system is so simple, anyone can use it. It gives you a precise entry point, profit target and stop loss. It also allow you to know your risk/reward ratio before taken the trade. It can be used on any currency pair or on any time frame. We have use a 5min chart as an example in this video, but you can use it on a longer timeframe if that is your preference. Here we took AUDUSD trade that lasted for 23 mins with 10pips or $100 in profit.
Comments
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and whats the properties you use for the stochastic and moving average?
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Nice strategy sir, would you mine please provide me your Stoch EA,
which is i see in your screen. sajjad915@gmail.com this is my mail ID. -
great trade Dare :) still, pls comment on the following:
does it make any difference if
a: oscillator joins moving average in bias (bearish in this trade), or
b: moving average joins oscillator in bias
no doubt, we need to have both.
it looks like it does not really matter... what is your opinion/experience... thanks a ton!