Forex Trading Strategy for the Main Trend

21 January 2016, 16:52
Abdul Salam
2
257

Forex Trading Strategy for the Main Trend

There are thousand forex trading strategies and every day publish new strategies. It’s absolutely normal because the great hope for all the traders is to discover the ‘holy grail’. 

At this point I feel the need to express my personal opinion. Because I think after twenty years in the investment field I have the right to say that there is no ‘holy grail’, there is no one perfect forex trading strategy, all the traders have feel pain for losses.

For this reason we study many forex trading strategies in order to help us to be always informed, to think new combinations for indicators, oscillator and moving average. I have to say that the most important think in financial investment is money management. Our capital needs respect and protection.

Don’t think how many times you win or how many times you lose. The most important though you have to do is when you win how much you earn and when you lose how much you lose. After all these though let’s study this new forex trading strategy.


We can use the following forex trading strategy with each currency pair. 

The 4H timeframe is preferable. This forex trading strategy is trying to follow the trend and includes the following indicators: 

StepMA_stoch_v1

MACD_AllcoloredMM2
 


 

Buy Rules


Buy when MACD is green and yellow line is above blue line. 

Take Profit


Around 150 – 200 pips. 

Stop Loss


Around 100 – 150 pips. 
  

Sell Rules


Sell when MACD is red and yellow line is below blue line. 

Take Profit 


Around 150 – 200 pips. 

Stop Loss


Around 100 – 150 pips. 

Important : Is possible that some traders to don’t have the indicators but wish to test the forex trading strategy. They can send us a simple note through our website and 'contact us' page, writing simply the name of the forex trading strategy and we will send the template and the indicators.
  
Important : All investors should know that any forex trading strategy before implementing in a real account needs to be tested in a demo account in order to be fully understood.

Also, all traders should be aware that extraordinary events occurring in the forex market very often, and is likely to alter the financial results of a forex trading strategy.

Share it with friends: