simple strategy
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  1. #1
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    simple strategy

    Frame:- 1Hour only

    Pair :- Major

    Indicator:-

    1- Bollinger band (STANDARD)

    2- RSI 9

    3- SMA 100

    Sale: -
    With the closure of a candle outside the upper Bollinger limits + availability RSI at the level of 70-80 limits,(Optional provide) touching the average 100

    purchase :-
    With the closure of a candle outside the bounds of the Bollinger bottom + availability RSI at the level 30 limits to 20
    (Optional provide) touching the average 100



    The target is always the center line of the indicator Bollinger ,Stop lose always above or below the top or the bottom of the candle outside of the Bollinger Band within 20 points


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  2. #2
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    Your system is really good for make a good trade because whenever its down then good support level of 20 to 30 RSI level and its good to bu y their ans same like that 70 to 90 level for sell the market where market reversal is take place. you strategy is really good good SMA, bollinger band and with help of RSi indicator.

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    this is a simple trading strategy with default setting bollinger bands and moving average, and the key to get the right timing for enter point and also exit point with use higher time frames H1 or H4 and combine both of them, i used this methods for trading but use all time frames to validate my analysis and especially with m5 as the gate to enter the market and also exit the market, the rules is simple with just enter the market when small time frame has same direction with higher ones

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  4. #4
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    There ain't no simple strategy, I have been the victim of so many people giving me simple strategy. Though the strategy might be simple. But the main thing is in learning. If you can learn and understand the market. You can make money. You basically need to develop good trading skills and market understanding in the market before you can earn.

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  5. #5
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    it is a good and simple strategy and the trader can make good money with it, it will help the trader to know when to enter and when to exit the market, the trader needs to wait until find a strong signal of trading and so this will make the signal is more strong and will be able to make good profits from each trade and becomes happy

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  6. #6
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    trading with moving average and bollinger bands will give good signal for the trader as the trader will trade when find a good chance for trading when they are cross and so the trader will be able to get good results and follow the trend until the trend is reversed and so the trader will get maximum profits from each trade he will make.

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  7. #7
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    Quote Originally Posted by sameeh View Post
    trading with moving average and bollinger bands will give good signal for the trader as the trader will trade when find a good chance for trading when they are cross and so the trader will be able to get good results and follow the trend until the trend is reversed and so the trader will get maximum profits from each trade he will make.
    There is only a thing for trade to watch we find crossover then we think to plan trade but for me it is not a good idea we can use these indicator but we have to focus on price action with the using of these indicator some time crossover done when market already moved so we have to find the best time to enter in this market .

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  8. #8
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    There are so many trading strategies when it comes to trading forex, but the only best trading strategy is the one that you have made use of and learned from the demo trading account. So the more reason why we need to be focused and build the strategy from the demo account with that been said, depending on how it is been learned and build will determine on how it will be simple for you.

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  9. #9
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    Quote Originally Posted by D'mastermind View Post
    There are so many trading strategies when it comes to trading forex, but the only best trading strategy is the one that you have made use of and learned from the demo trading account. So the more reason why we need to be focused and build the strategy from the demo account with that been said, depending on how it is been learned and build will determine on how it will be simple for you.
    If we apply our trading ideas on demo account first then it will be more beneficial for us we have to learn it well with good ideas to be used and also we have to work well with strategy we are using , we have to chose better trading strategy so we make successful trade through efficient way .

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  10. #10
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    Quote Originally Posted by RaptFX View Post
    There ain't no simple strategy, I have been the victim of so many people giving me simple strategy. Though the strategy might be simple. But the main thing is in learning. If you can learn and understand the market. You can make money. You basically need to develop good trading skills and market understanding in the market before you can earn.
    in the currency markets,what seems to be the simplest of things is actually the most effective.people usually over complicate the forex markets for no apparent reason at all when in fact the markets aren't at all complicated.

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    Born to trade

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