Trade Forex Trading

Forex System - Sell System Rules and Buy Trading System System Rules

FX System, what's system?

· What is Strategy

· How to Make a Systems

· Writing Forex Strategy Rules

· Generating Signals

· Tips for Forex Strategy

· How to Write Forex Journals.

Sell Trade Signal

So the above is a trading system, simple forex system that is a combination of two indicators.

  1. Moving Averages- 2 MAs are used to form the MA crossover system. This cross-over system generates signals when the two MAs crossover or under each other.

  1. RSI - RSI cross over over Center-mark, 50 level mark, generates either a buy or sell signal.

  1. You will also require to learn how to draw trend lines like the ones above so as to know when a trend is broken and when currencies movement are about to change.

Sell Signal System Rules - Forex system

To generate a sell trade signal we shall make use of the following signals

MA heading downwards

RSI below 50 center line mark

For This system you would have placed the take profit at the support line where the price of the currency reached before pulling a retracement.

Buy Trading System Signal Rules - forex system

To generate a buy signal we shall make use of the following signals

MA heading upward

RSI above the 50 center line mark

Buy Signal

A system is a good method to generate trading signals and although the above example look simple trading the above signals in real time will take a lot of time before you as a trader can begin and start to trade this market with the ease that the experienced traders trade with. Take some time to practice your trading strategy on a practice demo trading account. Learn and train how to generate trading signals on the live market environment using this demo trade account. Take some time to practice the art of generating and executing your trade signals - which you generate from your trade strategy/trade plan/trade system.

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