http://www.winnersedgetrading.com/forex_blog/
This is a good forex trading strategy that can be used to increase profits over the long term.
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best pair for use it ???????????
becouse pple think, indicators are gonna make the learning faster, and thats not TRUE AT ALL all indicators have lagging, and that can cost you TO many loose trades. what you should do insted, is making ur tech-analysis NAKED ( I mean no indicators used ) and then if you see an oportunity to get into a trade, you can confirm with some indicators ( if you do this, sometimes when you get to early the indicator will tell you to get out of the trade, couse its not gaving no entry signal at all.)
I recommend pple, not try this if you are a beginer, first learn the basics, ( NAKED TRADING ), once ur confrtble with it, you can start adding some indicators ( u will probably, not want to at this point ) but all this youtube's strategies with indicators NEVER and I mean NEVER work if you have no Idea about the basics ( trend lines, breakouts Support resistance fibs candle patterns, chart patterns and so on )
Your platform is FXCM right. How do you I find those averages on it. There in indicators but not specifically labelled as 20,50 200 moving averages.
Yo, have you thought about the Thaintorm Forex System? (go search google). My brother says it helps people earn plenty of cash.
@afuyvhu hey i remember last time we spoke i just lost my first $500 on forex. im happy to report im up and profitable. forex is easy now that i have a forex robot which trades for me. if you still want to make money from forex i suggest you get this robot => bit.ly/J7dgGW?=yeiayz
This is a looser strategy unless if you are taking every trade a better strategy is to take 20/50 corss sell under 200 ema and 20/50 corss above the 200 ema or even better buy on first pull back of 20ema above 200 ema and sell on first pull back under 200 3 ema.
how do you get two lines on the MACD? I use MT4 and I get only one line and the green bars.
@unrateduser there is no answer to that question. however, try trading this on 30 minute up to 4hour.