Profitable and Simple Trading Strategy

[kclkcj]

I hv demo trade below strategy, its very simple but very profitable...kindly try it out

a) Plot SMA 21, 50 and 200

entry rules:-

i) SELL entry - SMA21 & 50 MUST below SMA200

ii) BUY entry - SMA21 & 50 MUST above SMA200

iii) entry only could be made after completion of a candle

iii) time frame : 1hour

iv) any currencies pair

[Edward Revy]

That's simple indeed, thank you!

Where do you plan to take profit and exit?
Also, what are your stop loss rules?

Best regards,
Edward

[kclkcj]

Edward,

thank you for your reply,

i) SL-40, TP-30 except for GBP/USD and EUR/JPY, SL-60, TP-50

ii) Exit when SMA21 and SMA50 cross again

[manus168]

Screenshoot; please ...


Kind Regards;





Manus168

[spotfx]

Screenshoot; please ...

you're asking him to supply a screenshot (spelt with 1 o) of a chart comprizing of 3 moving averages??
what's so complicated that it requires a screenshot for folks to peruse?

if you're even remotely interested in checking it out, surely you can manage to sling 3 moving averages up on your chart screen & look at the pretty pictures can't you?

I mean come on, it'll take you all of 20 seconds to put them on & no more than 10 or 15 minutes to toggle back thru a 60 minute chart to observe the history over the past couple months/quarters.

[kclkcj]

spotfx,

yes, it's true

tks

[manus168]

@SpotFX;

If we provided with a screenshoot; it will make this forum to be more colorfull.

Cheers;

[manus168]

Here's the screenshoot :




Kind regards;





Manus168

[crushbeat]

hello,

is this sytem good? really very profitable?

please share ur experiences.

thanks

[kclkcj]

follow strictly on the rules, you would be safe


kclkcj