Forex Trading Strategy

August 18, 2010 by  
Filed under Forex Trading Strategies


This is a forex strategy that can be traded on any time frame, I just chose the daily time frame. Please visit my blog: tradersbud.blogspot.com

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Comments

11 Responses to “Forex Trading Strategy”
  1. @mcraw0144 Good for you, I hope that you are also taking advantage of that trend line and support/resistance (^_^)

  2. mcraw0144 says:

    Good morning. That’s what I’ve been doing lately, is riding the candles as long as I could before it appeared to reverse, with some success.

  3. Thank you very kindly. Your comment was a very pleasant surprise to an already great day. Thanks for taking the time to share. I really appreciate it (^_^)

  4. Great insights!

    Thanks for the video

  5. Thank you for your comment. You can trade this on the four hour chart or on any time frame. You just have monitor it more on a smaller time frame. If you have the patience the best time frame to trade it is on the monthly chart, but then your stop loss would be huge. Have a killer trading week!

  6. AM2M says:

    Thanks for this video, it helps. I appreciate you adding the part about the stop losses. It is always a challenge trying to place those. Newer traders need to remember that a good strategy only has to work most of the time. I think you could trade this on a 4 hour chart too!

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