Forex IntraDay Trading Techniques – H1 Forex Fratelli Moving Average Simple Intraday Trading System

FREE DOWNLOAD H1 Forex Fratelli Moving Average Simple Intraday Trading System
– This system is designed to make trading easier for the average person and professional trader, and see a real market picture to help you to be a Super Successful Forex Trader.

 

If you are an intraday trader and want to take short term trades then this trading system is just for you.

H1 Forex Fratelli Moving Average Simple Intraday Trading System works on EUR/USD, AUD/USD and EURJPY. We are going to use H1 time frame. First apply the template to the chart and we are good to go. Once you open the template you will see your chart looks like this:

 

 

 

H1 Forex Fratelli Moving Average Strategy Rules:

 

SELL Rules

The candle is below 2 MA10,  White MA 10 low below Red MA10 high. Price bar closes below moving average, BB MACD indicator generates a yellow dot(+red dot), and Trick4Kids is red, and Signal Bars are red.

Recommended Article:  Forex Bible System - Best Intra-day Forex Trading Strategies

 

BUY Rules

The candle is above 2 MA10,  White MA 10 low above Red MA10 high. Price bar closes above moving average, BB MACD indicator generates a yellow dot(+green dot), and Trick4Kids is green, and Signal Bars are green.

Stop-loss and take profit levels:

EUR/USD:
S/L is 25 pips. T/P is 20 pips. When you see 10 pips profit, move S/L to -10 pips. When you see 15 pips profit, move S/L to BE+1 pip.

AUD/USD:
SL is 20 pips. TP is 20 pips. When you see 15 pips profit, move SL to BE+1 pip.

EUR/JPY:
SL is 20 pips. TP is 20 pips. When you see 15 pips profit, move SL to BE+1 pip.

 

NOTE

You must know your strategy before you start trading. If market turns against you get out of trade when stoploss conditions have been met.
 
Always follow your trading plan. Not following the trading plan is the number one mistake traders make.
 
You must know exactly what you are going to do from start to finish BEFORE you enter a trade, and stick with it.
 
Don’t second guess yourself in the middle of a trade. If you can’t overcome this hurdle you won’t be around as a trader for long.



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