Band Bounce with 200 SMA - forex hours of trading

Band Bounce with 200 SMA ~ forex hours of trading

Band Bounce trading system is a real long-termer (perfect for those with day-jobs!). But it gets even better this system can be traded by placing orders so you don’t even need to be at your computer.

The only indicator used is 200sma (with added +100 pip and -100 pip price bands).

Time Frame 4H

Currency pairs:any.

We use the 4-hour charts only, but you can trade any pair that you want.

Long Entry

For a BUY trade then price must enter INTO the price-band from the top,

we then BUY when price touches the 200sma, and take profit when it reaches the UPPER price band again.

Band Bounce with 200 SMA

We place our stoploss at the other site of the price-band.

Short Entry

For a SELL trade then price must enter INTO the price-band from the

bottom, we then SELL when price touches the 200 sma, and take profit

when it reaches the LOWER price-band again.

We place our stoploss at the other site of the price-band.

More info for Band Bounce with 200 SMA ~ forex hours of trading:

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