How know of a STRATEGY on FX market (FOREX)?

You have the experience and strategy for handling the forex market currencies
Will specialize in global forums strategies

Hi,

There are hundreds of systems (strategies) but choosing one of them and trading using it is dependent on many things that most or I'd better to say all of them are personal factors.

Before choosing a strategy you have to answer the below questions:

1- Are you a swing trader or an intraday trader or both?
Each of them need a different strategy.

2- How much is your risk level? I mean can you take a big risk or you want your risk to be as low as possible.

Here, I just intorduce a simple system to answer your question but you have to consider the above factors.

Use 15min chart, 21 Simple Moving Average and Stochastic (14, 3, 5).

Buy When:
Stochastic is crossed the horizontal lower line and is going up and at the same time, the price is crossed the moving average and is going up above the moving average.

Sell When:
Stochastic is crossed the horizontal upper line and is going down and at the same time, the price is crossed the moving average and is going down below the moving average.

Best regards,
Vahid
http://www.weboma.com/

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Reversal Patterns at 24 Hour Pivot levels at the London open.

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