My strategy is based on simple but precise logic. The Nas19 strategy
relies on specific technical indicators to generate buy and sell
signals in the Forex market. The following is a simplified
explanation of the buying and selling conditions in this strategy:
* Simple Arithmetic Average (SMA) indicator: When the AC indicator
breaks positively with the last bearish candle, we open a buy GBP/AUD
position
* Simple Arithmetic Average (SMA) indicator: When the AC indicator
intersects negatively with the last bullish candle, we open a sell
position in GBP/AUD, a convergent stop loss and take profit are used
and positive results can be achieved in a fast market looking to
reduce GBP/AUD prices.