With this strategy any currency pair can be traded.
The following indicators are used: 5,10,20 EMAs - RSI - MACD
Timeframe: 15min charts
- On a down trend wait for a higher low. Then you have to find a 1-2-3 setup. After that enter a long-order just below 2 with stops just under
- RSI MUST be above 50
- MACD must cross over (for a long-order it must cross from negative to positive, for a short-order it must cross from positive to negative.)
- Once you have reached the same distance as risked close out.