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An easy Day Trading Approach

Profile photo of Nuno Lampreia – Forex.Today by Nuno Lampreia – Forex.Today
2015-10-20_17-58-24eurgbp

2015-10-20_17-58-24eurgbp

Again a euro chart for our analysis.

We look for a bullish Macd and for price to be over the 200 moving average.

We will surely be more lucky when trading always in direction of the 200 ma.

When Stochstik is oversold and crossing up in a bullish trend it is then that we  trail our stop loss and that we might even consider to add another lot to our position.

Please trade this system only if all the indicators allign and price acts like it is supposed to.

For bulls: price over the 200 ma Bullish Macd crossing the zero line from below to over it and stochastik point up.

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