Description
⋅ Buy on close above 200 SMA in 30 min chart , pair is confined in tight range and is directionless on daily chart untill further breakout .
Above are short term trading setups based on Moving Average Only .
Moving average can show you trends / support resistance levels , ranging market etc.
Just like trendlines we trade breakouts , retests of moving averages too ,
To trade correctly our ideas , follow the instructions and wait for candle close wherever advised.
Not all setups will be great , and losses are part of Game , consistency will surely give good results in long term.
Follow us to get best entries and benefit from Moving averages ....
Your comments are welcome , do let us know if u won or lost some pips following our strategy , and if you think there are ways to improve it.
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