Strategy:1 Trading systems based on fast moving averages are quite easy to follow.

Let's take a look at this simple system. Currency pairs: ANY Time frame chart: 1 hour or 15 minute chart. Indicators: 10 EMA, 25 EMA, 50 EMA. Entry rules: When 10 EMA goes through 25 EMA and continues through 50 EMA, BUY/SELL in the direction of 10 EMA once it clearly makes it through 50 EMA. (Just wait for the current price bar to close on the opposite site of 50 EMA. This waiting helps to avoid false signals). Exit rules: option1: exit when 10 EMA crosses 25 EMA again. option2: exit when 10 EMA returns and touches 50 EMA (again it is suggested to wait until the current price bar after so called touch has been closed on the opposite side of 50 EMA).

Advantages: it is easy to use, and it gives very good results when the market is trending, during big price break-outs and big price moves. Disadvantages: Fast moving average indicator is a follow-up indicator or it is also called a lagging indicator, which means it does not predict future market directions, but rather reflects current situation on the market. This characteristic makes it vulnerable: firstly, because it can change its signals any time, secondly

because need to watch it all the time; and finally, when market trades sideways (no trend) with very little fluctuation in price it can give many false signals, so it is not suggested to use it during such periods.

Strategy2: Current strategy applies the same principles as Strategy #1. Use time frame and currency which respond the best (1 hour, 1 day or any other). Indicators: (multiple of 7) 7 SMA, 14 SMA, 21 SMA. Entry rules: When 7 SMA goes through 14 and continues through 21, BUY/SELL in the direction of 7 SMA once price gets through 21 SMA. Exit rules: exit when 7 SMA goes back and touches 21 SMA.

Advantages: again it is an easy set up and does not require any calculations or other studies. Can produce very good results during strong market moves, the system also can be easily programmed and traded automatically. Disadvantages: System requires periodical monitoring according to a chosen time frame. SMA indicator signal can be confirmed after the current price bar has been

fully formed and closed. In other words, when SMA stops changing and the signal is fixed, traders may rely on such information to open a trade.

Strategies : 3 Currency: GBP/USD (preferred) or any other. Time frame: 3 hours (preferred) or 4 hours. Indicators: SMA 200, SMA 100 these are two influential SMAs; you will find price obeying their boundaries. SMA 15 EMA 5 MACD (12, 26, 9) Trading Rules: Since we are dealing with unpredictable until settled indicators (EMA, SMA, MACD) we will always be using signals AFTER the current signaling candle is closed. 1. Never open a trade if price is less than 25 pips away from 100 SMA or 200 SMA. 2. Do enter the market when price has crossed either 100 SMA (expect large move) or 200 SMA (expect very large move) and only after the current candle has closed on the opposite side of the SMA. SMAs this big do not get crossed very often. 3. Set stop loss initially at 50 pips. Look for nearest support/resistance level and adjust it accordingly it could grow up to 70-90 pips but it should not be less than 40 pips. Anyway this measure is taken only to save us from a sudden exploding market, in all other cases it will not be hit as our system will take you out from the trade earlier.

4. Enter in the direction of 5 EMA once two conditions are met: 1) 5 EMA crosses 15 SMA permanently which means the current candle is closed and lines are locked and will not move while we make a decision to open a trade. 2) MACD lines are crossed, and the current candle is closed. The 2 crosses do not have to happen simultaneously. MACD lines can cross earlier than EMA and SMA or shortly after, but there should be no more than 5 candles in between 2 crosses. If 2-cross condition is not met no entry. Exit rules: exit with the same rules as for entry: when two crosses are in place. If we have only one cross we are still in trade. Profit target: a) can be set to a desired amount of pips and followed with trailing stop further once the target is reached. b) or use 50 pips profit target do start chasing the price with trailing stop after gaining 50 pips. c) or you may not use trailing stop and set no profit targets, then exit according to Exit rules on the next 2-cross.

Lets walk through the numbers: #1 EMA 5 crosses 15 SMA, MACD lines also crossed, price is not close to SMA 100 we place Long order. #2 again we have 2 crosses: moving averages cross and MACD we exit Long and immediately place Short order. # 3 2 crosses are in place, by the time our current signaling candle is closed we are already far enough from 100 SMA, so we close Short and open Long position. Yes, till this point we were trading in sideways moving market so no profits here, may be some small negative results. Solution trading only during active hours, for GBP/USD it is London and New York sessions. #4 As we were Long this point is our exit (2-cross condition is met again) and immediately place Sell order. #5 moving averages on the chart have crossed, however MACD does not, we stay in trade.

We watch price passing 100 SMA and closing below it it is a good sell signal, but we are already trading it. #6 first appears MACD crossover, followed by moving averages crossover at this point we close our Short position. Do we open Long position immediately? No, because we are very close to 100 SMA. We need to wait until candle passes and closes above 100 SMA to open a Long trade. Once it happens we are in trading Long. #7 MACD lines has attempted to cross, but nothing to worry as there is no second cross from moving averages. #8 same as #7. #9 time to finally close Long position and go Short