'The Holy Grail of Forex Trading Strategies' - Daily Chart Timeframes » Learn To Trade

I found this from a forum years ago with great documentation and simply applied it. I found this strategy from another trader and there was great documentation on it.

Best Forex Trading Strategies And Systems

I am going to explain a very simple system here in detail and hopefully you too can apply what I teach. Keep in mind, I do use Forex robots as well, but only to validate trades and compare to my own personal trading system.

Trading the 4hr Charts - 2ndSkies Forex

It is the best trend scanner available for an affordable price. Now for the system that I use in conjunction with my trading robot. Grab a 4 hour chart and place the following indicators.

A 89 simple MA, 21 exponential moving average and a simple MA. I am not saying it does it all the time, but these are good barriers in a lot of cases.

Simply put this system is based off of the pair pushing through the 89 SMA then pulling back to the 21 exponential moving average and trading with the trend. However, MACD is used to confirm the trading signals.

7 Reasons to Trade Four Hour Charts - Trading Heroes

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