Forex Simple Moving Average Strategy

This is another simple but effective strategy to use daily in forex markets.

I will demonstrate a simple set up in the 30 Minutes TF.

First add two SMA ( Simple Moving Average ) to your chart.

• yellow with the period value equals 7
• red with period value equals 14

The yellow ( period 7 ) will be our volatile element, will move up and down more easily, this one is used to catch big moves.

The red one is more conservative and will be a more smooth line and we will use it as tendency decision maker.

Saying this you chart should look like mine :)

Analyzing your chart you can see some opportunity to enter the market.

Here is the chart with the entry and exit points you should make: ( i promise i will get better making images )

As you can see above we have:

+390

-177

+60

-150

+190

Which makes a total of: 313 Pips

Not bad for a trading day!

But remember, this kind of techniques are good for ranging days, it the market is stale, don't use this strategy.

In some days i will publish a Expert Advisor for this technique, so you can apply it without problems.

London Breakout Strategy

Hello all,

this is a strategy that we can apply everyday, it's very simple and used by many people.

The first thing is drawing a window between 5:00 AM and 8:00 AM GMT+1 TIME

This is because London opens at 8:00 AM, remember that Frankfurt opens at 7:00 AM

In this windows we want to high and the low making us drawing a BOX:

Then we should put two pending orders:

• Entry price in the low and SL in the high
• Entry price in the high and SL in the low

Now there are two options, if one order hit the SL you can still try your luck in the second one, or if one order is activated you can delete the other pending one, this is up to you.

Personally i prefer to keep both, but sometimes i got two orders hitting SL!

As i said, is up to you and it depends on your risk factor.

Now you are wondering, what the hell! he forgot the most important thing.

What about the so important TP ?

I normally use this strategy to get good entry points, and sometimes i leave this positions for days, but this is a little bit risky.

If you want to get a profit fast you can use some of the following methods:

• TrailingStop
• Calculate the TP using the height of the Box
• Calculate using fibonacci levels, 161.8, 261.8, 423.6 ...

This is a simple strategy that can get you some pips everyday.

Enjoy!

Welcome to forexpips4all

Hello all!

Are you ready to make some pips ?

In the next days i will write some articles to help you make some money on forex.

Pay attention.

Helder