47# Schaff Trend Cycle strategy
Cycle Trading
Submit by Forexstrategiesresources
Time Frame's: 15 min and above
Pairs: Any
Indicators:
Schaff Trend Cycle
Ema's 100,
Stocastich (21, 9,9)
Rules to enter a long
trade
1) The 100 exponential moving average is sloping up.
2) Wait for the Schaff Trend Cycle to reach oversold territory on the chart (-10 +10).,
go long when the Schaff Trend Cycle turns back above 10, and Stocastich crosses line up.
3) Place stop 10 pips below the most recent level of support.
4) Take profit: Close the trade if the Schaff Trend Cycle indicator goes below 90.
Rules to enter a short
trade
1) The 100 exponential moving average is sloping down.
2 Wait for the Schaff Trend Cycle to reach overbought territory on the chart (90-110),
go short when the Schaff Trend Cycle turns back below 90, and Stocastich crosses line down.
4) Place stop 3 pips above the most recent level of resistance.
5) Take profit: Close the trade if the Schaff Trend Cycle indicator moves down to -10 and then rises back above +10
In the pictures below Schaff Trend Cycle strategy in action.
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