Simple Trading Strategy > 10/20 SMA > Basic Education
Chart: EURUSD
Timeframe: Any
Indicators: 10 SMA / 20 SMA
10 SMA = Faster
20 SMA = Slower
If 10 SMA crosses 20 SMA to the downside = downtrend probable
IF 10 SMA crosses 20 SMA to the upside = uptrend probable
Very basic only ... be aware of false breaks/breaches, etc. This is a very simple strategy which can provide good results. Practice on Demo Account to test.
* Personal analysis only. Please use your own rules and strategies prior to entering market.
** Forex trading involves HIGH RISK.
Before entering a trade, carefully consider your objectives, financial resources and level of experience.
Chart: EURUSD
Timeframe: Any
Indicators: 10 SMA / 20 SMA
10 SMA = Faster
20 SMA = Slower
If 10 SMA crosses 20 SMA to the downside = downtrend probable
IF 10 SMA crosses 20 SMA to the upside = uptrend probable
Very basic only ... be aware of false breaks/breaches, etc. This is a very simple strategy which can provide good results. Practice on Demo Account to test.
* Personal analysis only. Please use your own rules and strategies prior to entering market.
** Forex trading involves HIGH RISK.
Before entering a trade, carefully consider your objectives, financial resources and level of experience.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.