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 and 1 Moving Average.
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.
http://www.investopedia.com/articles...inute-momo.asp
I made 6 trades today all winners!
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 and 1 Moving Average.
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.
http://www.investopedia.com/articles...inute-momo.asp
I made 6 trades today all winners!
Hope to start a thread, because this is a real strategy, easy to use and can be profitable for everyone.
Holger