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Hugh Kimura, Founder @TradingHeroes | FX Trader | Trading Coach The strategies covered here on the other hand, are ones that either I or successful traders I know have used in a consistently profitable fashion.
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Forex RoboFx Forex Trading Strategy is another great trend-based trading strategy that applies a combination of eight different useful trend following indicators to generate the finest trend signals to its users. It uses a set of eight different indicators to confirm the trend signal. Therefore, the developer of this strategy used the maximum safeguard to detect the trend direction correctly. You can use it for any currency pair and at any timeframe chart.
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In its simplest form, moving average crossovers are the fastest ways to identify new trends. It is also the easiest way to spot a new trend.
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02B Chart Basics and Price Action When the candlestick is strong, it usually breaks out of the MA. So we always have the MA breakout with the strong breakouts.
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