Visit BK Forex for strategies and signals: http://www.bkforex.com Join the discussion on InformedTrades: The key steps of the strategy are as follows: 1. Wait for price to be at least 10 pips above the 50 SMA and the 100 SMA 2. At this point, check to see if MACD turned positive within the past 5 candles; if not, re-evaluate the next time MACD does 3. If those criteria are met, enter 4. Place your stop loss order below the 5 candle low 5. When price reaches 2X the distance between your entry and your stop, exit half your position for a profit, and move the remainder to breakeven 6. Exit the rest when price falls 10 pips below the 50 SMA