SA Crossover

[altafch]

Account details
Type of CopyFX account = Trader
Name of CopyFX Trader = altafch
Account number = 5255912
Read only password = abc1123
Account type = CopyFx MT4 Pro-Cent
Account currency = USD
Leverage = 1 : 1000



Strategy parameters
1. System = Stochastic and moving average crossove
2. Difficulty = medium.
3. Timeframe = 15m, 30, 1h, 4h
4. Trading pairs = gbpusd, eurusd, gbpjpy
5. Tools and indicators = stochastic, moving average, candlestick pattern
6. Type of analysis = Technical.
7. Chart type = Candlestick chart.
8. Risk and reward ratio = 1:1
9. Type of entry = Manual entry
10. Type of exit = Manual exit
Strategy Details:
my trading strategy is simple and really easy consist of 2 indicators: stochastic and moving average.
it consist of corssover signal whenever market is under the moving average line and stochastic also cross from upper to down then its time to enter for sell signal. if market is upper side of moving average line and stochastic also cross each other from down to up.

Attachment 24621
in chart i have mentioned some points where i should enter for sell order but some points i have not mentioned there is stochastic crossoever but market is not in downside of mooving average so i will not enter here. you can check some red mentioned points below:
Attachment 24622
in candlestick i will use doji and some other which i found
other one way i will try daily max and lower point i will try here lines for taking as support and resistant
this is the simplest way which i will do in trading.
i will trade slowly in start and after some orders in profit will increase lot size

Comment moderator

1. ContestFX
2. Strategy confirmed

[altafch]

Order closed:
i have closed my order on my biggest closed deal almost 99$. i am happy i have good equity. on real account i am moving slowly but after contest account i am thinking to move fast. but if i won i will use same strategy. by the way now stochastic is on its higher level and its lines are also coming near to each other so whenever they cross i will enter again and will update journal
current closed order is this:
Capture.jpg

[altafch]

today there were risk in market because of some fundamentals so i thought to avoid trade. but market is already make some movement and currently market corssed the moing average and started down trend. i am late to place order but still have hope it will go more down.
Capture.jpg
ORDER GPBUSD sell @ 1.31142
tp:open
market crossed moving average so its down trend but currently market will little bit up but again will go down. from stochastic seems it will cross but my experience says it will not cross. because before mixing both there gap increased so hope it will go down

[altafch]

ORDER ON GBPNZD BUY 1.99402
Capture.jpg
first of all i have increased lot size because people are earning quickly and i want to win this. from chart we can see stochastic crossed from up to down so why i put buy? stochastic is in mid not on higher or lower so its just a trick of market i have bought on big down candle to get some buy pips.

[altafch]

as i closed on real account here also i am closing my position. total 50. lot order was so i close it in profit.
Capture.jpg
still i am very low in balance other some are high so waiting for some down will take risk on buy again. will update whenever i placed next order

- - - Updated - - -

as i said already after some down movement i will again come with new order. so again entering with this order
GBPNZD BUY lot 5.0+45.0
Capture.jpg
from chart we can see market is near to moving average and this time have chance to break and the main thing is stochastic and its near to cross again but in mid so target should be up. lets see