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Trading Strategies

Forex Strategy Section

Forex Basics

Introduction

Forex Basics

Risk Management and Trading Psychology

Forex Basics

Taking a Fundamental Approach to Forex Trading

Forex Basics

Key Economic Release Reports Across Various Currency Pairs

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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

Section 1 Taking a Technical Analysis 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

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Grid Trading - Concepts, Mathematics, and Money Management

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Understanding Forex Correlation Concepts and Their Effect on Trading

Section 1 Taking a Technical Analysis Approach to Forex Trading

Indicators

Technical analysts also use indicators to forecast price movements. Indicators are typically based on calculations of price and volume. Indicators can either be laid on top of the chart or in a window below it.
Indicators are typically broken down into groups and when selecting indicators to help assess the market it is important not too select multiple indicators from the same group or else you would be over optimizing your analysis. There are five main groups for indicator:
  Trend
  Volume
  Overbought/Oversold
  Momentum
  Volatility

Typically you want to use two or three good indicators, each from a different group. One way that technical analysts use indicators is by quantifying rules for a trading system based on the indicators and programming it into software such as the Metatrader 4 platform and back testing it to see the results that the usage of the indicators would produce historically.
Although past performance is never a complete indication of future results it can shed some light to technical analysts of the quality of their indicator based trading system.
The key to success with a trading system is that it should have an edge when tested out historically. An edge is determined by the system's expectancy. Expectancy is how much you should expect to make on each trade. It is calculated using the formula below: (% of winning trades)(Average profit) - (% of loosing trades)(average loss)
This information is provided by many back testing platforms such as MT4.

Below are some examples of technical indicators and some brief explanations on how they can be used by technical traders to forecast the markets.

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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