265# 200 exponential moving average channel

Submit by Joker 15/12/2012

200 exponential moving average channel is trading method based on EMA channel with forex rainbow indicator.

Time Frame 15 min.

Currency pairs:any.

SessionLondon and NewYork.

This is an Intraday Forex Strategytrend following.

Exit Position

This is a forex scalping strategy. Fast profit target that depends by Currency Pairs (min 7-max 10 pips)

Stop loss 15-20 pips or:

for buy 2 pips below lover channel;

for sell 2 pips above upper channel.

In the pictures 200 exponential moving average channel in action.

Buy when red band T4 is upper and T4 >200 Ema Channel.

Sell when blue band T4 is upper and T4<200 EMA Channel.

Exit position as the previous.

Happy Trading

Share your opinion, can help everyone to understand the forex strategy.

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