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Simple Trading Strategy > 10/20 SMA

OANDA:EURUSD   Euro / US-Dollar
Simple Trading Strategy > 10/20 SMA > Basic Education

Chart: EURUSD            

Timeframe: Any

Indicators: 10 SMA / 20 SMA

10 SMA = Faster
20 SMA = Slower

If 10 SMA crosses 20 SMA to the downside = downtrend probable
IF 10 SMA crosses 20 SMA to the upside = uptrend probable

Very basic only ... be aware of false breaks/breaches, etc. This is a very simple strategy which can provide good results. Practice on Demo Account to test.

* Personal analysis only. Please use your own rules and strategies prior to entering market.

** Forex trading involves HIGH RISK.
Before entering a trade, carefully consider your objectives, financial resources and level of experience.
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