Forex Trading Simple Strategy and Advanced Strategy :


To realize gains on the foreign exchange market, one must have a well-traded trading strategy. A trading strategy is a method defining the entry and exit points of a trade. It is based on an indicator (simple strategy) or several indicators (advanced strategy). Let's look at it in more detail.

Simple strategy

Simple strategies are based on the use of a single technical indicator. Generally, when you start trading currency, you prefer this method because it is easier to understand and therefore to use.
Indicators for developing a simple strategy are MACD, Moving Averages, RSI, Stochastic and Super Trend.

Advanced Strategy

Advanced trading strategies are more complex because they are based on the combination of several indicators. In order to use this method, one must be seasoned with the financial negotiation and control the least gear.
Indicators for developing an advanced strategy are the horizontal channel, divergences, Fibonacci retracements, mobile averages + RSI, indicator oblique, parabolic SAR + ADX, parabolic + MACD.
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