Most accurate forex strategy

Most accurate forex strategy

05/05/ · 10 Differences Between MetaTrader 4 and MetaTrader 5 Forex Platform. A new Foreign exchange trading platform (MetaTrader 5) was introduced right into the Foreign exchange market with high assumptions as well as improved functions for trading the Foreign exchange 14/11/ · Supply and Demand Trading is the most Profitable Forex Strategy as long as you are able to understand Price Action. If you don’t care about the Price Action, you can add in the chart everything you want. But unfortunately, you are going to fail systematically. Supply and Demand Trading is a 03/05/ · Pips a Day Forex Strategy. One of the latest Forex trading strategies to be used is the pips a day Forex strategy which leverages the early market move of certain highly liquid currency pairs. The GBPUSD and EURUSD currency pairs are some of the best currencies to trade using this particular blogger.comted Reading Time: 10 mins

Best Forex Strategy For Consistent Profits • AsiaForexMentor

The secret behind every successful forex trader is their trading strategy. There is a multitude of trading strategies. But the winning strategy most accurate forex strategy the one that makes profits consistently most of the time it is applied Best Forex Strategy for Consistent Profits. A trader first looks for the best forex trading strategy that suits their trading personality. Once they find the strategy they repeatedly test until they are satisfied, the results will be consistent and reliable.

The trading strategy should be consistent in making winning trades and reliable to perform in various market conditions. The trading strategy as a whole is a combination of technical tools and indicators with effective money management. The core of the technical strategy is the indicator. We will discuss different technical trading strategies that are considered reliable and are followed by most most accurate forex strategy. These strategies work in almost most accurate forex strategy market condition and provide the trader with great flexibility.

Most successful traders accept that there is no single trading strategy that can make profits every most accurate forex strategy they trade.

But they accept and understand that a reasonable win rate is enough to make good profits in the forex market. Successful traders have an additional element to a trading strategy than others. It is the top-down approach. Traders look at a big picture or a more significant trend first. In terms of technical analysis, this top down approach refers to the higher time frames. Success full traders analyze the higher time frame charts first. Once they identify a trend in the higher time frame charts, most accurate forex strategy, then they prepare their mindset to trade in that direction.

Suppose a trader identifies the trend direction as bullish in the higher time frame. In that case, they will place BUY trades only and stay in that direction until the end of that trend, most accurate forex strategy. However, to find the best entry point and exit point accurately, they will use the shorter time frame chart.

The trade will be placed in the shorter time frame charts in the direction of the trend identified in the higher time frame charts. The entry and exit using the smaller time frame charts enable the trader to find precise entries and exits within the bigger time frame direction. Successful traders never place a trade counter to the identified trade, no matter how good the counter trader opportunity.

The trader trades a higher timeframe chart and will benefit from the bigger trend moves, most accurate forex strategy. However, the signals are from a smaller timeframe with much tighter stop losses. The following trading strategies can be traded with a top-down approach.

The following strategies are already widely accepted and followed by traders as successful trading strategies. The results of these strategies can be enhanced further using the top-down approach. Support and Resistance. The EMA cross is a very easy and profitable trading strategy mt4. Most traders use Moving averages because of their simplicity and accuracy. The EMA — Exponential Moving Average responds more quickly and reduces the lag associated with moving averages.

The EMA gives more weight to the latest price movements and is considered a reliable indicator. A standard moving average crossover strategy uses two moving averages, a fast-moving average, and a slow-moving average. Suppose the fast moving average crosses over the slow moving average to the upside.

In that case, it indicates an uptrend, most accurate forex strategy, and if the crossover is towards downwards, we anticipate a downtrend. The above Daily EURUSD chart is from The EMA Blue line crosses the 50 EMA Redline upwards on The trader once identifies the EMA Bullish crossover, then decides to place only BUY trades to enter the trend and continue to stay in this direction.

The trader now looks for a more precise entry using the lower time frame chart. With entries only in the Bullish direction and ignores any trades to the downside, In other words, the trader from now onwards will place all BUY signals in a lower time frame charts and ignores all SELL signals, most accurate forex strategy.

The above chart shows an H1 chart of EURUSD from 12th May to 17 Julya part of the EURUSD D1 chart. Placing only the BUY trades will help the trader to make substantial profits. The above chart shows a EURUSD M30 chart from 12th May to 15th Junea small area of the EURUSD D1 chart. The trader can go as low as the M30 chart to identify precise entry points to follow the more significant trend from the D1 chart.

Again the trader ignores all SELL signals and will only consider the BUY signals. It is important to note that many traders use lower timeframe charts as M15, but lower timeframe charts may provide whipsaws, most accurate forex strategy. MACD can be traded in a few different methods. The MACD crossover of the ZERO line, the MACD signal line, and convergence and divergence.

No matter the trading method, MACD is considered very reliable by many traders, and MACD forms a part of many automated trading systems. However, we will use the Top-down approach to identify the entry and exit points to make successful trading using some examples. The above chart is a EURUSD D1 from 04 November to 11th Jan The MACD went above the Zero line, with the signal line also crossing over, most accurate forex strategy, signaling a bullish trend and warranting a BUY, most accurate forex strategy.

The trader would now decide to be bullish and will take any only BUY positions. The above EURUSD H1 most accurate forex strategy 8th Dec to 21st Dec shown here is a part of the EURUSD D1 chart. The trader would ignore all the sell signals of the MACD and will only trade the BUY signals, as the higher timeframe chart shows a BUY trend.

It can be easily noticed that the BUY trades would have been very successful for the trader. The BUY opportunity on 11th Dec and 14th Dec would have been profitable, with the signal on 14th Dec proving to be quite a successful one, most accurate forex strategy. The above MACD M30 chart is also within the EURUSD D1 range. The chart also shows multiple trading opportunities to the BUY side.

The trader could ignore the SELL signals and only focus on trading the BUY signals and be very profitable. The trades also have a greater risk and reward ratio since they are placed in line with the higher time frame trend direction.

Bollinger Bands is an excellent indicator for trend following. Many trend traders use them to identify the trend direction and the market volatility using the bands.

The widening of the most accurate forex strategy implies volatility, while the ranging markets are associated with narrower bands. The outer bands act as support and Resistance and also to identify targets for an exit. The trading results using Bollinger bands can yield higher results if combined with the Top-Down approach.

The above EURUSD D1 candlestick mt4 chart shows the prices from 14h June to 7th Jan Both these dates signaled a BUY in a daily chart, most accurate forex strategy. The trader can use this signal to place a trade using this same chart. But the trade can also use a lower timeframe chart to identify specific and best entry points further. The above EURUSD H1 chart displays from 8th July to 31st Julya part of the EURUSD D1 chart. Keeping in mind the BUY signal from the D1 chart, the trader will decide to choose only those BUY signals most accurate forex strategy the H1 chart while ignoring other signals.

Thereby the trader stays within the bigger trend direction while having accurate entry and exit points with lower drawdown. The above chart also displays multiple trading opportunities with all of the trades resulting in positive outcomes. However, if the trader decides to day trade, the trader can use the above M30 charts to day trade with smaller stop loss and profits.

But the directional bias will remain according to the higher timeframe chart. In this case, the trader decides to place only BUY orders and can day trade successfully.

The above M30 EURUSD chart from 21 July to 31 Julymost accurate forex strategy EURUSD D1 chart provides multiple trading opportunities with positive outcomes. Support and Resistance are considered as the primary stepping stone of all technical tools and indicators. The Support and Resistance can be either horizontal lines or an angled line as a trend line and provide vital clues for any technical trader.

Almost every trader uses Support and Resistance and measures nearly any price regarding the nearest Support or Resistance. The proximity of the price near Support or resistance lines invokes trading decisions.

There may not be a trader who discusses weak Support, strong Support, weak or strong Resistance in their day to day trading. Traders most accurate forex strategy already in a trading position refer to the next higher time frame chart to identify the next resistance or support level. Because Support and Resistance in the higher time frame charts are considered very strong, a breakout or rejection of the support or Resistance in higher timeframe charts would provide higher returns.

In the above GBPCHF Daily chart from 14th April to Jan 10th the prices were in range moving between support and Resistance. The 1. Once the trader identifies the support and Resistance in the Daily timeframe. The trader can use a lower time frame chart to analyse closely and find a best entry point using H1 chart or M30 charts. The above GBPCHF chart H1 chart shows the data from 18th June to 18th July The Support and Resistance from the daily chart are marked as yellow. Its is very clear to see the price action at these levels in the H1 chart where prices respect the daily Support levels and react.

The H1 chart identifies additional Resistance at 1. A trader using the H1 chart can react at the Daily Support levels as these levels are already known.

So the trader anticipates the market reaction and confirms the entry positions further by the price action. The above GBPCHF M30 chart from 18th Jun to 18th Julyfurther clarifies the market reaction around the established daily support levels and also adds more clarity to the H1 Resistance. The trader can further understand the price action and confirm the entry points using the M30 charts.

Powerful and Simple Forex Strategy ������

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Is This THE MOST Accurate Forex Trading Strategy?

Moving Average Convergence and Divergence – MACD the most accurate forex strategy: MACD can be traded in a few different methods. The MACD crossover of the ZERO line, the MACD signal line, and convergence and divergence 10/04/ · There are three major indicators that gives accurate trading signal based on these factors. I'm here to reveal that secret strategy that would help you make successful trades all the time. The Three Major Indicators are: Parabolic SARS. Awesome Oscillator. Accelerator Oscillator 03/05/ · Pips a Day Forex Strategy. One of the latest Forex trading strategies to be used is the pips a day Forex strategy which leverages the early market move of certain highly liquid currency pairs. The GBPUSD and EURUSD currency pairs are some of the best currencies to trade using this particular blogger.comted Reading Time: 10 mins