Forex training building a rules based trading strategy


Forex training building a rules based trading strategy


My Forex trading strategy is based entirely on price action, no indicators, tradihg confusing techniques, just pure price.I have wtrategy developing, tweaking, and improving my price action strategy since 2005. Price action is fluid, it easily adapts to changing conditions, to different pairs, to different time frames and even to different traders. Most importantly, price action allows you to keep your trading simple. I assure you that if you follow this strategy exactly as explained here and also adhere to few basic rules and instructions, you will never have a losing week or a month (there could be few losing days once in a while).

So if you are ready for it, here it goes-Indicators -Simple moving average 200 (for direction)Simple moving average 10 (for entry)Time frame- Any. Works on 5 min, hourly and daily charts. Day traders could use 5 min charts, Swing traders can use hourly charts and long term investor can use daily charts.Item - It can be used This video presents a set of 4 rules for entering forex trades and also gives various optional rules for more strict trade stratrgy.

We also give you a set of 2 rules for money management and once again you can add more rules for stricter money taining and profit management. More experiences traders can modify these rules slightly for more frequent trade entries. Traders like to have defined rules for their trade entries. Find Out If You Have a Solid Trading Strategy by Taking Our Trader Assessment TRADING: Do you have a solid trainint strategy.

I know this because, just like you are probably doing, I used to make trading very hard on myself. When I foeex started trading about 15 years ago, it felt like I was constantly on the wrong side of the market. As. Continue Reading. Continue Reading. How do you plan your trades.




Strategy building trading training a based rules forex

Forex training building a rules based trading strategy

Strategy building trading training a based rules forex



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