Fozzy Method Trading System
Time Frame Daily
Currency pairs:any

The rules we set for entry are very simple. We look for when the RSI crosses its moving average. Picture illustrates when a trade is on. We BUY when RSI crosses the_moving average from below (green box and line) and SELL when it crosses from_above (blue box and line). It is vital to note that a cross is only validated after the daily candle has closed. We don’t take a trade on the day when the cross has formed as it may disappear later in the day.
We enter the trade as soon as the new candle is formed i.e. at the opening price.