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Post by forexmasters on Aug 25, 2011 0:12:20 GMT 2
hi all
we're going to discuss a very very strong trading system which can be used and applied by newbies or experts for scalping or swing trades
i hope you'll enjoy it
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Post by forexmasters on Aug 25, 2011 0:16:31 GMT 2
the indicators used are
sma 14
sma 20
sma 50
sma 100
time frame 5 min
pairs: you can use any pair you like but i prefer eur/usd, eur/jpy , gbp/usd , usd/chf
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Post by forexmasters on Aug 25, 2011 0:17:48 GMT 2
the indicators used are sma 14 sma 20 sma 50 sma 100 time frame 5 min pairs: you can use any pair you like but i prefer eur/usd, eur/jpy , gbp/usd , usd/chf here's a chrt to show the indicators and how it appears Attachments:
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Post by forexmasters on Aug 25, 2011 0:20:10 GMT 2
before we jump into how to trade and how to get signals
i must say that sma 50 and sma 100 re used to
-determine direction and trend
-determine stop loss point
-determine take profit point
and sma 14 and sma 20 are used to get entries
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Post by forexmasters on Aug 25, 2011 0:22:32 GMT 2
please note:
as we're a very new forum and running on a free version so far i will wait some time till we get some members to help us going on and to have a real discussion instead of me talking alone
so i hope we'll see active members with us soon
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