Hello,
I found a very easy and promising strategy, called "The 5 Minute Forex Momo Trade". It is similar to the one I am using right now.
It is only using Macd standart settings 12,26,9 and 1 Eponential Moving Average 20.
I use 3 moving averages, 5, 10, 20 and macd, 5 min chart, EUR/USD, USD/CHF, AUD/USD and GBP/USD
Before I start to explain in my (not so good english) I like to ask you to have a look on the following link and to come back to get your opinion.
This strategy is from Kathy Lien and Boris Schlossberg and available for everybody.
www.investopia.com/articles/forex/08/five-minute-momo.asp
I made 6 trades yesterday all winners! We just have to avoid news!
Hope to start a thread, because this is a real strategy, easy to use and can be profitable for everyone.
Holger
I found a very easy and promising strategy, called "The 5 Minute Forex Momo Trade". It is similar to the one I am using right now.
It is only using Macd standart settings 12,26,9 and 1 Eponential Moving Average 20.
I use 3 moving averages, 5, 10, 20 and macd, 5 min chart, EUR/USD, USD/CHF, AUD/USD and GBP/USD
Before I start to explain in my (not so good english) I like to ask you to have a look on the following link and to come back to get your opinion.
This strategy is from Kathy Lien and Boris Schlossberg and available for everybody.
www.investopia.com/articles/forex/08/five-minute-momo.asp
I made 6 trades yesterday all winners! We just have to avoid news!
Hope to start a thread, because this is a real strategy, easy to use and can be profitable for everyone.
Holger
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