Stocks Trading 20 Pips Stocks Price Range Moving Average Stocks Strategy
20 Stocks Trading Pips Stocks Price Range Moving Average Stocks Strategies
The 20 pips stocks price range moving average stocks strategy is used with the 1 Hour stocks chart and 15 minute chart. On this stocks chart timeframes we use the 100 and 200 simple moving average stocks trading technical trading indicator.
Both the 1 Hour and 15 minute chart timeframes will use the 100 and 200 SMA (SMA Indicator) to determine the direction of the Stocks trend.
The 1 Hour stocks chart timeframe checks the long term direction of the Stocks trend, upward or downward trend, depending on the direction of the moving averages. All stock trades taken should be in this stocks trend direction.
We then use the 15 minute chart to find the optimal point to enter stock trades. Stocks trades are opened only when the price is within 20 pips range of the 200 simple MA, if stocks price is not within this pip range stock trades are not opened.
Stocks Trading Uptrend/Bullish Market
To generate buy (bullish stocks signals) using the 20 pips moving average Stocks Trading strategy, we shall use the 1hour and 15 minute chart timeframe.
On the 1 hour stocks chart timeframe the stocks price of the stock chart should be above both the 100 and 200 simple moving average. We then move to a lower stocks chart timeframe, the 15 minute chart timeframe to generate a stocks trade signal.
On 15 minute chart timeframe, when price reaches the 20 pips range above the 200 SMA, we open a buy stocks trade and place a stop loss 30 pips below the 200 SMA. Stop loss can be adjusted to the amount of Pips that are suitable for your risk but to avoid being stopped out by normal Stocks Trading volatility its best to use 30 pips stop loss.
A buy stocks trade can also be opened when the price touches the 100 Simple moving average, provided it’s not very far from the 200 SMA. Normally the 100 SMA will be within the 20 pips range of the 200 SMA.
100 and 200 Simple Moving Average Stocks Buy Stocks Signal - Moving Average Stocks Strategy
Stocks Trading Downtrend/Bearish Market
To generate sell (short stocks signals) using the 20 pips moving average Stocks Trading strategy, we shall also use the 1 hour stocks chart timeframe and 15 minute chart timeframe.
On the 1 hour stocks chart timeframe, the stocks price should be below both the 100 and 200 SMA. We then move to the 15 minute chart timeframe to generate a stocks Signal.
On 15 minute chart, when price reaches the 20 pips range below the 200 SMA, we open a sell stocks trade and place a stop loss 30 pips above the 200 simple moving average.
100 and 200 Simple Moving Average Stocks Sell Stocks Signal - Moving Average Stocks Strategy
With this stocks strategy method stocks price will generally bounce of these support and resistance levels because many traders watch these levels, and open similar stock trades at around the same point.
These support and resistance levels act as short term resistance or support levels within the stocks price charts.
Profit Taking level For This Stocks Strategy
With this stocks strategy the stocks price will bounce and make a move in the direction of the original Stocks trend. This move will range from 60 - 70 pips.
The best stocks profit taking level would therefore be considered to be 60 to 70 pips from the 200 SMA.
