10 SMA With 200 SMA Forex Trading Strategy 💡

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10 SMA With 200 SMA Forex Trading Strategy. http://www.financial-spread-betting.com/course/technical-analysis.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! Simple 200 and 10 period moving average trade you can use for swing, intraday or long term. This is an interesting trading setup, one for you day traders, one for you swing traders and one for you position traders over the longer term. It is very simple to trade and I quite like the setup. I have got 2 simple moving averages setup on my screen; one is a 200 SMI, the second one is a 10 SMI. I also have the average true range (ATR) at the bottom with the standard 14 setting. The idea of this setup is that once price has crossed above or below a 200 moving average you then wait for price to retrace back to the quicker 10 moving average. Then once it has retraced back to it or under it you wait for a close back above it in the case of a long or a close under it in the case of a short and you take the trade. Target is 1 ATR although you could of course try tweaking this.


anoxonamoon says:

sir tkhra sir

Arrad says:

I feel like this guy is talking out of his ass… “gut feeling”, really? Ok.

honestlythatsbull says:

Gotta have deep pockets to trade the daily

Gregory Francis says:

If you catch one trade and price remains above the 200 and revisits the 10sma is that set up valid? or just 1 trade per price through 200sma only. thank you

Arsene Lupin says:

At 5:20, you show a potential short trade, but since the 10MA is above the 200 at this point, aren't you supposed to only look for long setups, or at least not take shorts?

Swen B says:

I have a question: Let's say, price has crossed above SMA200, filled all criteria and you made a trade. Now price is still above SMA200 and you get on more signal with SMA10. Do you trade it again or do you wait until the SMA200 has crossed again. Thanks, Swen.

Jake Rudge says:

This is very similar to my own strategy hahaha not the same, but close

abhishek shah says:

Is using other indicator like stoch RSI with this will be good ?

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