watching out for the trend, so in this strategy we make sure we identify it before even thinking about making an entry. Price should retrace back to the 20 or the 50 managed forex trading accounts uk EMA, but should not break and close below the 50 EMA. i hope after 10 post on this forum i can download it 7 Reply by brian :16:32 Re: Lazy River Scalping Strategy will well be worth the read i am using a simular stratergy and very good 8 Reply by skg :51:52 Re: Lazy River. We get an opportunity and we buy once price breaks above the high by one tick, as shown in the chart. If price breaks below the 50 EMA, we have to wait before price again moves above both the moving averages. 20 EMA should be above 50 EMA - Both 20 and 50 EMA should be curving upwards - The moving averages should not crisscross each other frequently. Where can we get the ebook? The first two instances are not successful as price breaks below the 50 EMA, hence, they are not considered (as marked on the chart). Step 2: Identifying the trend, every trader should learn that the Trend is your friend, early in the career.
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Bevor . 20 EMA should be above 50 EMA - Both 20 and 50 EMA should be curving upwards - The moving averages should not crisscross each other frequently. With the trade set up this way, we are safe from risk but also have huge profit potential if the momentum continues to soar which is often the case in this setup. Not only is it easy to spot your setups, but it keeps you in line with the prevailing trend and always has a tight stop loss so your risk is under control and your profit potential is high. Thank you 3 Reply by afu :10:20 Re: Lazy River Scalping Strategy is this a free bok, cox this book has so many importat freatures ans looks great 4 Reply by quentin :52:05 Re: Lazy River Scalping Strategy i am new member, I have not. The stop is placed a tick below the recent lows, also shown in the chart.
Lazy river trading strategy
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