Every trader in the Forex market has its own Forex Trading Strategy, but still, they keep on looking for something new every now and then. They might be having the best one already with them, yet their psychology would make them look for a new one which leaves them loosing the valuable one they already had with them.
Today I will share a Forex trading strategy with you which can range from a fundamental level to expert level.
(Note: All the Forex Trading Strategy listed below are fundamentally updated and tested by several long-term trading companies, but I recommend you tested it entirely before using it on your live trading accounts.)
1. 40 Pips Returning Scalpers Trading Systems
Technically, this Forex trading strategy is simple. If a significant counter pair on Forex moves up to 40 pipes from the day’s market openings in any direction, you can just continue in the opposite direction, and you will most of the time have at least 15 to 20 pipes. You know that the market can not shift in one direction. The explanation behind this is simple. There are always ups and downs when the other side of the motion is only caught up.
2. Buy the moving average strategy above and below
The moving average is well known to all Forex traders, most traders move on an average by themselves. But this is yet another way, but one that is very cool. Simple (MA method: application to: close) (period: 34) Add the moveable average indicator to the table.
If a candle is completely closed without affecting the average moving above or below, even the high or low candles do not affect the average moving, you can go for the exchange.
If the candle is above the average moving = purchase
If the candle is below the average movement = sell
(Note: Recommended 15 min map with the lower time frame.)
- You can make a profit of (TP) about ten pipes for a chart signal of fifteen min, 20 pips for a chart signal of thirty min. Check any examples for a better idea.
- The SL is supposed to be contrary to the market. To buy, selling is the stop loss and to buy it is the stop loss for selling.
3. Fibonacci Forex Trading Strategy Three day average
This is a bit more complicated, but a strong approach. In this blog, it’s not that easy to describe. Download the following PDF and learn all about the strategy.
Tip Of Trader:
Your turn is now. Take your own time and try everything after researching each technique to figure out which one best works for you. Get a clear idea. Get a clear idea about it. With a result of 100% for the above approaches we can not guarantee you, but if you follow them correctly you can certainly make some true profit.
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