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The 50EMA Swing Trading System is also one very simple and basic forex swing trading system that is easy to implement and can be applied to all timeframes and any currency pair as well. This is a very simple forex trading system which can also be used a a forex swing trading system.
Set take profit 3 times what your risked initially or there is a previous swing high you can spot, then place your take profit target there.

The biggest disadvantages with this forex trading strategy is that in non-trending markets, there will be too many false trading signals. This swing trading strategy provides signals based on a combination of 2 trend filters and 2 trend following indicators.
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The system can be used on any currency pair and is effective on the higher time frame’s, starting from the hourly charts and up.

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Author: admin | 17.04.2015 | Category: Best Stock Trade Sites

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