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Trading Strategies

If you are looking for trading ideas or are simply looking to enhance your current strategy, then you have come to the right place.

Introduction

Forex Basics

Risk Management and Trading Psychology

Forex Basics

Taking a Fundamental Approach to Forex Trading

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Trading the Euro with Germany ZEW Survey

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Trading the Swiss Franc with the Swiss Trade Balance

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Trading the US Dollar with the FOMC Minutes

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Suggested Strategies to trade the US dollar with this economic release:

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Trading the Yen with Japan Trade Balance

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Trading the Aussie with Australia Trade Balance

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Trading the Australian Dollar with THE RBA RATE DECISION

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Suggested Strategies to trade the Australian dollar with this economic release:

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Trading the Euro with Germany Trade Balance

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Trading the Euro with the ECB Rate Decision

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Suggested Strategies to trade the Euro with this economic release:

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Trading the Euro with the ESI

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Trading the Euro with the IFO Report

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Trading the Greenback with the US Trade Balance

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Trading the Kiwi with the New Zealand Trade Balance

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Trading the New Zealand Dollar with the RBNZ Rate Decision

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Trading the Sterling with the BOE Rate Decision

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Suggested Strategies to trade the British Pound with this economic release:

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Trading the Sterling with the UK Trade Balance

Forex Basics

Taking a Technical Approach to Forex Trading

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Types of Charts

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Chart Patterns

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Triangles and Trend lines

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Volume

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Indicators

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Optimize Your Forex Trading With Bollinger Bands

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Optimize your Forex Trading With the Moving Average

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Optimize Your Forex trading with the RSI

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Optimize Your Trading With the MAC-D

Forex Basics

Grid Trading - Concepts, Mathematics, and Money Management

Forex Basics

Understanding Forex Correlation Concepts and Their Effect on Trading

Forex Basics

How You Can Benefit From an ECN Broker

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Who uses an ECN Broker?

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Ways to Use an ECN Broker to Benefit Your Trading

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Overview of ECN Benefits

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Alternative to the ECN

Indicators

Optimize your Forex Trading With the Moving Average

The moving average is a trend indicator. The moving Average (MA) is on the most popular indicators in technical analysis. Due to its simplicity and clarity, MA gains a huge reputation in the sophisticated process of analyzing the multiple currency pairs of the foreign exchange market. The simple definition of moving average is the measure of the average price of equity or a currency pair over a specific period of time (n), where the value of (n) is the same value of the moving average parameters. Traders have a free hand set these parameters according to their trading strategies; thus, the most frequent values are 10, 20, 50, 100, and 200. The common rule is that the longer the time frame, the more reliable and less sensitive the trading signals. While the shorter the time frame, the less accurate and more sensitive the trading signals.

Basic Types of Moving Averages:
 Simple Moving Average (SMA)
 Weighted Moving Average (WMA)
 Exponential Moving Average (EMA)

Calculating Moving Average:

SMA ca easily calculated by (1) adding the closing price of a currency pair at a given period (n) and (2) dividing the result by (n). For example, if the closing price of the AUD/JPY for the last 10 days are 80 - 81 - 81- 83 - 82 - 82 - 83 - 84 - 84 - 83, the value of SMA will be 82.30
SMA = 80 + 81 + 81+ 83 + 82 + 82 + 83 + 84 + 84 + 83 = 82.30
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The mathematical formula for the other types of MA are very complicated but the good news is they can be automatically obtained thought any advanced charting package such as Metatrader.


Suggested Strategy:
1) Highlighting the direction of the trend;
Plot 5-SMA, 10 -SMA, 20- SMA, and 100 - SMA on the chart;
An uptrend is developing if the current price of a currency pair is above the short SMA and the Short SMA is above the long ones
A down trend is developing if the current price of a currency pair is below the short SMA and the short SMA is below the long ones.

2) Pinpointing Support and Resistance Levels
*In a rising market, SMAs will act as support levels
*In a falling market, SMAs will act as resistance levels

Forex Strategy Section    Metatrader 4 Education
Forex trading involves significant risk of loss and is not suitable for all investors. While you can earn a cash bonus,
you can also lose money due to the inherent risk of trading. Read full disclosure.

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