would this strategy work?

Hi guy some one told me to use this i can make some good pip on the eur/usd
set moving avg line at 50 and the moving avg exponential line at 10 and another moving avg exponential at 21 when every the two exponential line cross there is an opportunity .ok now my question is when do i know it will go up i mean a moving up trend and when do i know it will be a moving down trend. Another question dose this works for all pairs thanks guys

Hi Omar,

It's hard to tell if this strategy would work.
There are a lot of MA crossover systems (and I mean a lot) but many of them don't really work.
What you need to do is put those MAs on your chart and test out the system. (and test it on many pairs because it will work better for some than others)

The way most MA cross systems work is: When the faster MAs (in this case 10 & 21) cross through the slow MA (the 50) you would BUY or SELL.
If they cross up you BUY and if they cross down you SELL.

But I would go back and ask the person that told you this how exactly he uses this system. Because there are many different ways that people play MA crossovers. The way I described above is the most basic. The time frame is also very important. This could work on the 1 hour chart but fail on the Daily.

Hope that helps.
Tom