50 Day Moving Average Strategy - Simple!



http://fx-city.com/systems/moving-average-cross-over-strategy/ Full strategy rules and the back testing statistics are included in my blog post; you can get them by following the above link. No registration or contact information needed. The moving average crossover trading strategy covered here is a long term trend following strategy. What you will expect from using this strategy is to be making BIG gains when the market is trending, and really capitalizing on the long trending moves. When markets are moving sideways, you will expect to be making a series of small losses. The idea is never to miss a trend, so that taking a series of small losses is OK, when you make some exceptionally big gains on the market trending. This strategy works well on all currency pairs and even the likes of GOLD and SILVER. There aren’t many long term successful strategies available like this free on the net. Most of the time these kind of strategies are either kept on the down low by the players using them. Or are included in a Forex trading course you may have to pay thousands of dollars for. In my opinion moving averages are one of the best indicators to use for Forex trading, and a lot of the time can be underestimated. Moving average lines are respected by price action and can be used and support and resistance points to pick great entries and exits. A lot of the time, traders over complicate things by using too many indicators in their charts and ultimately end up neglecting the most important thing which is price action.

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