Position Trading Foreign Currency Pairs (Forex)

This pair is therefore a sell (without question) whenever the instantaneous moving averages come out of pullbacks behind the one- and/or two-day baselines.
ScreenHunter_12473 Mar. 11 11.22.jpg

It would probably be a "good idea" to wait for the instantaneous moving averages (the 4-hour baseline) to be confirmed by the eight-hour baseline!
 
Back
Top