Forex Trading Strategy 4

Forex Trading Strategy 4




















Conditions required
1) Stochastic Oscillator (14,3,3)

2) RSI (50)

3) MACD (12,26,9)

4) SMA 5 (Blue Line)

5) SMA 10 (Green Line)

6) M15 & H4 Charts or H1 & H4 charts

The concept of this strategy is to look at

Forex Trading Strategy 2

3 cross previous day low - method 1
The author of this strategy named this as method 1. Similar to 3x21 from strategy 1, the firing point focus on

Understanding Forex Trading

Understanding Forex Trading

For many people trading seems to be a get rich quick scheme but in actual fact, it very far reality from that.
A lot of understanding and hard work has to be put into this whole thingy called FOREX. I shall attempt to explain some of the basics in forex trading. Or at least my understanding of the whole forex thing.
The following 3 charts