Finding the trend of any currency pair[Part1]. (100% Guaranteed)

4 ביולי 2018

There are several ways to find the trend when trading Forex. These range from using indicators, price action, seasonality patterns, and many more. But out of all of these, there is only one that I suggest, not because of its effectiveness, but because of how ridiculously objective it is. With that being said I introduce to you the 52 Moving Average 1hr strategy. I discovered this strategy when I first started trading Forex by adding a whole bunch of indicators to my chart to see what they would do ( thank God I don't do that anymore). The strategy is simple. You wait for the price to break the 52 MA ON THE 1HR upwards to go long and for short vice versa. Once this happens you wait for a pullback to safely enter and ride the trend to your desires take profit level. I highly recommend a 1/3 R when trading this strategy on demo. NZDJPY Enjoy!