Earn Money Forex Best Forex Trading Experience
200 Moving Average Strategies. (Part -4)
Friends……….
A lot of thanks for visit earnmoneyfx.com
As a series part strategy of 200 Moving Average Strategy, earnmoneyfx.com research team suggests you to follow various type entry-exit strategies of 200 Simple Moving Average as below:
- Support & Resistance
- 200 MA Bounce
- Trend line
- Ascending Triangle
- Descending Triangle
- Symmetrical Triangle
- Flag Pattern
- Channel
- Candlesticks Pattern
- Golden Cross
- Death Cross
- Short term & Midterm moving average cross
- Multi-time frame analysis.
Please note all the above strategies are demo tested by the earnmoneyfx.com research team which success ratio was sixty to seventy-five percent. If you follow our directions as accurately when entry and exit, we are sure that your trading result must be better day by day.
200 Moving Average Strategy (Part -1) we have discussed about structure, of 200 Moving Average, types of 200 Moving Average and 200 Moving Average Support and Resistance Entry-Exit Strategy in details.
https://www.earnmoneyfx.com/the-200-day-moving-average-strategy-guide/
Above link is for your ready references.
200 Moving Average Strategy (Part -2), we have discussed 200 Moving Average Bounce Entry-Exit Strategy in detail.
200 Moving Average Strategy (Part -3), we have discussed about How to Entry and Exit Trend line and 200 Moving Average.
If you missed all or anyone, Earnest request you to visit 200 Moving Average Strategy (Part -1), 200 Moving Average Strategy (Part -2), and 200 Moving Average Strategy (Part -3) in earnmoneyfx.com
This article earnmoneyfx.com research teams try to cover another strategy as below.
*** Ascending Triangle with 200 Moving Average Entry-Exit Strategy ***
*** Descending Triangle with 200 Moving Average Entry-Exit Strategy ***
*** Symmetrical Triangle with 200 Moving Average Entry-Exit Strategy ***
Let’s explore all ……….
Ascending Triangle with 200 Moving Average Entry-Exit Strategy:
Before exploring Ascending Triangle with the 200 Moving Average Entry-Exit Strategy at first we learn to know what Ascending Triangle is.
What is Ascending Triangle:
The Ascending Triangle is the symmetrical triangle variation. Ascending triangles are bullish formations. When it creates an uptrend, It’s most reliable.
The top part of the ascending triangle looks flat and the bottom partly created higher low several times.
As the above image of Ascending Triangle Pattern, we found below things.
Price reaches a higher high position with an overbought situation.
Thereafter price fall in correction and turned back.
A few times later prices again try to touch previous high.
Thereafter price fall in correction and turned back.
Lastly, price is able to create new high and bulls is taking full control.
Minimum two flat-top touches and two higher lows are required to create the ascending triangle in bullish.
When we found any ascending triangle pattern above 200 Simple Moving Average, Its shown confirmation for strong buy.
We never buy below 200 Simple Moving Average ascending triangles as per this strategy rules.
Ascending Triangle with 200 Moving Average Entry-Exit Strategy
Image point number – 1, We see candlesticks are above on 200 Moving Average. That means its uptrend.
Image point number – 2, Strong uptrend created where price created few higher high.
Image point number – 3, After strong uptrend price gone to correction. Price touches three times in previous high but failure to breakout.
Image point number – 4, Price created three higher low. We concretely found ascending triangle in the chart. Now we have to wait for a breakout.
Image point number – 5, Aggressive or conservative trader put their BUY STOP order 2 pips above of ascending triangle breakout candlesticks.
Image point number – 6, After hit BUY STOP order aggressive trader place STOP LOSS 2 pips below of ascending triangle breakout candlesticks. Conservative traders place STOP LOSS 2 pips below of ascending triangle lower channel.
Image point number – 7, As per ascending triangle exit rules, we measure take profit range.
Image point number – 8, Conservative or aggressive trader place their take profit level on ascending triangle take profit range or near swing high or 1: 2 or 1 : 3 risk-reward ratio.
Descending Triangle with 200 Moving Average Entry-Exit Strategy:
Before exploring Descending Triangle with 200 Moving Average Entry-Exit Strategy at first we learn to know what Descending Triangle is.
What is Descending Triangle: The Descending Triangle is the symmetrical triangle variation. Descending triangles are bearish formations. When it creates in a downtrend, it’s most reliable.
The bottom part of the Descending triangle looks flat and the upper part created lower high several times.
As the above image of Descending Triangle Pattern, we found below things.
Price reaches a lower low position with an oversold situation.
Thereafter price up in reversal and turned back.
A few times later prices again try to touch the previous low.
Thereafter price up in reversal and turned back.
Lastly, price is able to create a new low, and bears are taking full control.
Minimum two flat bottom touches and two lower highs are required for creating the descending triangle in bearish.
When we found any descending triangle pattern below 200 Simple Moving Average, It showed confirmation for strong sell.
We never sell above 200 Simple Moving Average descending triangles as per this strategy rules.
Descending Triangle with 200 Moving Average Entry-Exit Strategy
Image point number – 1, We see candlesticks are below on 200 Moving Average. That means it’s a downtrend.
Image point number – 2, Strong downtrend created where price created few lower low.
Image point number – 3, After a strong downtrend price went to reversal. Price touches two times in previous low but failed to break down.
Image point number – 4, Price created four lower high. We concretely found descending triangle in chart. Now we have to wait for a breakdown.
Image point number – 5, Aggressive or conservative trader put their SELL STOP order 2 pips below of descending triangle break down candlesticks.
Image point number – 6, After hit SELL STOP order aggressive trader place STOP LOSS 2 pips above of descending triangle break down candlesticks. Conservative traders place STOP LOSS 2 pips above of descending triangle upper channel.
Image point number – 7, As per descending triangle exit rules, we measure take profit range.
Image point number – 8, Conservative or aggressive trader place their take profit level on descending triangle take profit range or near swing low or 1 : 2 or 1 : 3 risk-reward ratio.
Symmetrical Triangle with 200 Moving Average Entry-Exit Strategy:
Before exploring Symmetrical Triangle with 200 Moving Average Entry-Exit Strategy at first we learn to know what Symmetrical Triangle is.
What is Symmetrical Triangle: The Symmetrical Triangle is the area of indecision where the present price is paused and future direction is questionable. This time demand and supply are equal.
We never buy below 200 Simple Moving Average symmetrical triangles as per this strategy rules.
We never sell above 200 Simple Moving Average symmetrical triangles as per this strategy rules.
Symmetrical Triangle with 200 Moving Average Entry-Exit Strategy (BUY)
Image point number – 1, We see candlesticks are above on 200 Moving Average. That means its uptrend.
Image point number – 2, Strong uptrend created where price created few higher high.
Image point number – 3, After strong uptrend price gone to correction. Price created three times higher low which means indecision.
Image point number – 4, Price created three times lower high which means trend pause. We concretely found an asymmetrical, triangle in the chart. Now we have to wait for a breakout.
Image point number – 5, Aggressive or conservative trader put their BUY STOP order 2 pips above of symmetrical triangle breakout candlesticks.
Image point number – 6, After hit BUY STOP order aggressive trader place STOP LOSS 2 pips below of symmetrical triangle breakout candlesticks. Conservative traders place STOP LOSS 2 pips below of symmetrical triangle lower channel.
Image point number – 7, As per symmetrical triangle exit rules, we measure take profit range.
Image point number – 8, Conservative or aggressive trader place their take profit level on symmetrical triangle take profit range or near swing high or 1: 2 or 1 : 3 risk-reward ratio.
Symmetrical Triangle with 200 Moving Average Entry-Exit Strategy (SELL)
Image point number – 1, We see candlesticks are below on 200 Moving Average. That means it’s a downtrend.
Image point number – 2, Strong downtrend created where price created few lower low.
Image point number – 3, After a strong downtrend price went to reversal. Price created two times lower high which means indecision.
Image point number – 4, Price created two times higher low which means trend pause. We concretely found a symmetrical triangle in the chart. Now we have to wait for a breakdown.
Image point number – 5, Aggressive or conservative trader put their SELL STOP order 2 pips below of symmetrical triangle break down candlesticks.
Image point number – 6, After hit SELL STOP order aggressive trader place STOP LOSS 2 pips above of symmetrical triangle break down candlesticks. Conservative traders place STOP LOSS 2 pips above of symmetrical triangle upper channel.
Image point number – 7, As per symmetrical triangle exit rules, we measure take profit range.
Image point number – 8, Conservative or aggressive trader place their take profit level on symmetrical triangle take profit range or near swing low or 1: 2 or 1 : 3 risk-reward ratio.
——- Thanks forgives your valuable time to read this article ——–
Click here for the new account
