简单水平线交易 H1 (Simple Horizontal Line Trading H1)

Hi all,

I will introduce my self first,
I have been trading stock market for over 3 year and start trading forex for 1 year.
This method is not a new method that i create, i just improve from others trading systems to suit my own trading style.
I'm not a profession trader, I still in a learning process.

My Strategy is using H1 Time Frame, SMA 50 and Horizontal Line rounded number 25 pip (000, 250, 500, 750).

Rules of Entry:

Long Position:
- Price above SMA50,
- Pending buy order at the Horizontal Line above the SMA50 (000 / 250 / 500 / 750), Usually give 3 pip above the horizontal.
- Target 50 Pip, SL 30 Pip (R:R = 1 : 1.5)

Short Position:
- Price Below SMA50
- Pending Sell order at the Horizontal Line below the SMA50 (000 / 250 / 500 / 750), Usually give 3 pip below the horizontal.
- Target 50 Pip, SL 30 Pip (R:R = 1 : 1.5)

more rule:
- I don't take the trade when the horizontal line is to close to the MA50
- Move the SL to BE+1 / BE+5 when the price goes to your TP direction (after 10-15 pip)

Here are some example of the chart that i use.



On the next post i will show how to enter the trade.

Feel free to comment,

Fx-Ken