20# Momentum Forex Trading system
Submit by joy 22
Time Frame:15 and higher
Enter Long Position:
When Momentm >100 and SMA 11> SMA 21 and The price is >Crossing up.
Enter Short Position:
When Momentm <100 and SMA 11<SMA 21 and The price is <Crossing down.
RSI, that determine oversold/bought conditions, will be the first to let you know when rally is complete, or losing strength, by approaching to extreme readings; that will signal your exit point, giving you the chance to profit as maximum as possible in a risk controlled environment.
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