- November 5, 2019
- Gepos deur: Forex Wiki-span
- Kategorie: Forex Trading System
A closed candle above the 20 SMA and the Momentum indicator above the average level indicate the market entry point for further purchase. When the price drops below the moving average and the Momentum indicator is lower than the average level, it is necessary to place a short trade on the pair. When a trade is open and the price is about to cross the 20 SMA line, the position should be closed. Stop loss and take profit orders are placed on the level of 20 pitte. As the interval is quite short, it is possible to use the trailing stop (van 1 pip). Another option includes placing the order at zero when the price is 10 pips away.
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