The Simplest Forex Strategy
Overview TopOption Review Topoption,a brand promoted by Markets.com since 2011, is one of the leading binary options broker, which is most popular among European Traders with their new CySEC licensing and registration in more. Details Broker TopOption Website URL Founded 2011 Headquarters Cyprus Support Number 9 Support Types Email, chat Languages English, French, Spanish, German, Russian, Italian, Arabic, Japanese, Polish, Dutch, Swedish, Multi-lingual.
Hello everyone, Its been a while since I have posted but I wanted to share a super simple system that has been proven profitable. I hope this will help some of you here on FF. I did not create this strategy and it is nothing new. Its often overlooked because it's so simple but often times the simplest strategies can be the best.
Simple Forex Strategy That Works
I have modified the original trading rules a little bit to rules that fit my trading style a little better. DISCLAIMER: THIS IS NO GRAIL. I AM NOT CLAIMING THIS TO BE A HOLY GRAIL.
This article will look at Forex trading for beginners, and will introduce some simple Forex trading strategies.In particular, this article will guide you through three key Forex trading strategies that beginners can use, namely, the Breakout strategy, the Moving Average Crossover strategy, and the Carry Trade strategy. This strategy, as the other Simple Moving Averages or Exponential Moving averages strategies work only in trend market conditions. Binary options trading. This is the main disadvantage as the price moves more than 75% in range movements and consolidations.
THIS IS JUST A SYSTEM THAT WORKS, THAT IS ALL. Things To Keep in Mind: 1. This is intended to be traded on Daily Charts. I will also post the results for other timeframes towards the bottom of the post(coming soon). There is no Hard SL or TP to this system.
I have not found any configurations using ATR or similar tools to place an SL & TP that improved the system. As a result I do not use one with this system and just following the signals. This system is not perfect. As with all systems, it performs better on certain pairs during certain conditions.
What really allows you to take advantage of the system and avoid this variance is diversifying the instruments you trade it on!!! Test results used a fixed lot size that does not increase. Tests were performed on 7 major USD pairs(EU, GU, AU, NU, UJ, UCHF, UCAD). Thread Rules: 1. Do not add additional indicators. You may adjust current indicator settings and share your results if you'd like. If you are going to suggest changes to the system, please provide hard evidence to support why these changes are profitable or better.
Keep it friendly. Please no spam.
Again no one likes conjecture. Do not make statements or claims about this system or any other system in here if you do not provide proof for the claims you are making. Have fun & keep learning! Entry Rules: Long: 1. Price is above 200 MA.
Price is below 5 MA. RSI(2) is below 5.
Price is below 200 MA. Price is above 5 MA. RSI(2) is above 95. Exit Rules: Option 1(This option is for people who just want to check the chart at the end of the day, This is the Option used in results below): Exit at the close of the candle that touches the 5 ma.
Forex Strategy Stochastic
Option 2(This is a better option for people who want to watch their trades like a hawk): Exit as soon as price touches 5 ma. So as they say, the proof is in the pudding. Well, here is my pudding, along with some other peoples pudding. The Pudding: In House Pudding: The first batch of pudding I will show you is my batch. Although there are other studies done about this system which I will share below, it is always smart to test the system for yourself before you even think about using it. EURUSD Daily Jan 2010 - Dec 2015 - Fixed.10 Lots - Spread = Current(Tests ran during NY Session).