EURJPY 4H MA TRADES

Price is in between the 50 sma and the 100 sma

Short Trade
If price drops below the 50 sma in less than 8 bars
Then Sell Stop @124.49
Sell Take Profit @ 124.00

Long Trade
If Price stays above the 50 sma for over 10 bars
Then Buy Stop @ 124.95
Buy Take Profit @ 125.30

SL 20 pips below or above 50 sma
depending of a sell or buy

Watch Macd for direction

評論:

Price stayed above 50 sma
So orginal sell stop voided
New Sell Stop and Take Profit made

評論:

TP hit