Moving Average Cross over strategy AUD USD NZD USD

Pairs

AUD USD

NZD USD

(REASON is they are always trending then ranging)

Time Frame :

M15

(this is the best time frame for All sessions)


Buy Entry:

Price should be above daily open line

Price should be crossing or slightly above Daily Pivot Line

8 Ema Should cross above 21 Ema line in m15 time frame

Stop Loss is recent low in m15 time frame

Take profit is fixed at 30 Pips


Sell Entry

Price should be below daily open line

Price should be crossing or slightly below Daily Pivot line

8 Ema Should cross below 21 Ema line in m15 time frame

Stop loss recent high in m15 time frame

Take profit is fixed at 30 pips



Pros: Highly profitable strategy

Cons: Will not work in range bound pairs or ranging market condition


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