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What is the simplest strategy?
There is no simple strategy which gives you a lot profit but I recommend RSI indicator, using of pivot, support, resistant levels and Fibonacci indicator will help you at Forex trading. Money management in every trading is the simplest strategy.
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Moving averages are most widely used indicators by many professionals
like 20 and 50 and also 200 moving average
I like moving averages, the more the method is simple,the more it is easy to follow.
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I like to use 3EMA and macd and RSI and also some technique To use this indicators
Follow the price action. That's the unique thing to consider.
I use CCI (12) and RSI (3) to detect the trend.
All you need is TREND- TREND - TREND :-D
Most common strategies are: Trend following (tight SLs and trail of Profits), Scalpers (tight profit targets and wide SLs), Breakout strategies, Grids
Follow the price action. That's the unique thing to consider.
I use CCI (12) and RSI (3) to detect the trend.
All you need is TREND- TREND - TREND :-D
NEW Bonus to MT4talk PRO Members!
MT4talk © Forex AI Signal - Trade Executor EA!
Made my first experiences in manual trading with moving averages, too. Not to hard to understand when you're wanting to start trading.
Please, don’t try to trade with simple or complicatedtrading strategy; you need to work with only profitable trading system! By the way, moving average crossover strategy is the simplest one! In my live trading account, I need to use multiple trading EA because of my trading plan, of course I use new trading EA into my live trading chart after verification! I have full power of using all kind of technical tools in my trading chart from trade24 broker, it’s a EA friendly trading broker!
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