by Fxshowstopper: Fundamentally simple strategy with strong base in conservative approach. Identify trend. Find a good price. Enter with good timing. This forex strategy does all that very good. It is robust and can applied across all currency pairs and most of the timeframes. Let me show you through the rules !
Used forex indicators
EMA 50 and 100. Cross of moving averages is used to determine the trend direction. Again this is something that is commonly used. EMA 50 below 100 signalizes downtrend and vice verse. Make sure you always trade in the direction of this trend.
Stochastic: stochastic is a commonly used oscillator that works best for me. I don't use default indicators setting instead I Prefer 10,6,6 setup, that provides less but more accurate signal. Stochastic signal merely means that I should start to pay attention. I look for candle signal that confirms the trade and provides me with stop loss placement information.
Apply those tools in 30 min chart of EURUSD.
Forex strategy rules
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BUY:
EMA 50 (green) trending above EMA 100 (red). Uptrend is clearly visible.
We enter long only.

Signal: Both stochastic lines falling below 30 line.
Timing (signal confirmation) : Strong bullish candle, closing above high of at least 3 previous candles. Ideally they all are bearish or indecisive bullish candles. Signal candle is wider than any of previous 3 candles. We enter the trade immediately on its close.
Stop loss is placed one pip below the low of signal formation.
Take profit: Depending on market conditions.
First trade after EMA crossing: Place stop loss to break even after position reaches the profit that equals the signal size. Then wait for EMA 50 to cross EMA 100 downwards to confirm the trend reversal.
SELL:
EMA 50 (green) trending below EMA 100 (red). Downtrend is clearly visible.
We enter short trade only.

Signal: Both stochastic lines rising above 70 line.
Timing (signal confirmation) : Strong bearish candle, closing below the low of at least 3 previous candles. Ideally they all are bullish or indecisive bearish candles. Signal candle is wider than any of previous 3 candles. We enter the trade immediately on its close.
Stop loss is placed one pip above the high of signal formation.
Take profit: Depending on market conditions.
First trade after EMA crossing: Place stop loss to break even after position reaches the profit that equals the signal size. Then wait for EMA 50 to cross EMA 100 upwards to confirm the trend reversal.