Short Term Momentum Forex Strategy for Impatient Traders!

In case, you find the currency pair trading above the two moving averages

. Wait for it to start trading below the two moving averages by at least 15 pips. Observe the MACD. When it turns negative enter into a short trade within 5 candles of it turning negative. Place the stop loss at the high of the first candle that appeared below the two moving averages. Exit half positions when the trade goes in your favor by the amount risked and trail the rest of the position with a trailing stop with 20 day EMA plus 15 pips!

Short Term Momentum Forex Strategy for Impatient Traders!

By: Ahmad Hassam

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