BIG 3 SMA STRATEGY RULES
1 Add 20 sma, 40 sma, 80 sma to chart
2 Determine trend -
Price above all 3 ma's is a uptrend
Price below all 3 ma's is a downtrend
3 Wait for a pullback
4 Enter after close of first continuation candle
5 SL below all 3 ma's
6 TP at cross of all 3 ma's
Actual link to Big 3 Trading Strategy
tradingstrategyguides.com/big-three-trading-strategy/
1 Add 20 sma, 40 sma, 80 sma to chart
2 Determine trend -
Price above all 3 ma's is a uptrend
Price below all 3 ma's is a downtrend
3 Wait for a pullback
4 Enter after close of first continuation candle
5 SL below all 3 ma's
6 TP at cross of all 3 ma's
Actual link to Big 3 Trading Strategy
tradingstrategyguides.com/big-three-trading-strategy/
Note
Strategy takes profit when ma's crossoverHere is my TP
Note
Pair still has bearish momentumNote
1st TP HIT - SL moved to breakeven
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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.