29#Simple Strategy Trading System

Short Entry Position:

when the price is below 150 SMA wait for the RSI to go above 80. Then if shortly after you see a Stochastic lines crossover above 70.

Protective stop is placed at the moment of entry and is adjusted to the most recent swinghigh/low.

Profits are going to be taken next way:

Option 1 - using Stochastic - with the first Stochastic lines cross above 70 (for uptrend) / below 30 (for downtrend). Option 4- exit with trailing stop; Option 5- exit on pivot pointweekly or fibonacci point.