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144 LWMA Trend Scalper Forex Strategy
144 LWMA Trend Scalper Forex Strategy
If on the other hand, price is below the 200 EMA, then the
market is said to have a bearish bias for the long-term.
Much like this bounce off the 200 EMA on the chart below.
If you were trading off crosses of price and moving averages
alone, you would lose on these scenarios.
Strategy Concept
Entry
Price should not be more than 10 pips away from the 144
LWMA
Stop Loss
Take Profit
Price should not be more than 10 pips away from the 144
LWMA
Stop Loss
Take Profit
Again, you would see on this sample that price could have
continued further for bigger gains.
But again, there were several scary moments after our take
profit was hit.
On the candle where our take profit was hit, a sudden
upward spike occurred which was fought back down by the
bears.
Conclusion
But trail it too tightly and this might hurt your win-loss ratio.
Learn it, tweak it, test it, and make it your own.
Some Examples
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