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Forex Swing Trading Strategy #2:(10 and 20 SMA With 200 SMA Forex Swing Trading System)

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Algorithmic Trading: Does Algorithmic Trading Actually WorkA+ Rating on BBB · 24/7 Phone Support · Call Us Now · Emotions Free Trading. how to use the sma with this forex strategy Now as an added measure to ensure you only trade with the main trend, the SMA can be used a further filter. if 10 and 20 sma are above the SMA only take long positions.

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Stochastic SMA Forex Strategy The Stochastic oscillator is a well known indicator primarily used to identify oversold and overbought market conditions. Indicator readings below 20 are considered to be oversold while readings above 80 are considered to be oversold.

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Forex Swing Trading Strategy 2: Place your stop loss above 5 pips above the high of the entry reversal candlestick if you are selling and 5 pips below the low of the bullish reversal candlestick if you are buying.

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