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  1. #1
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    Basic trading strategies

    Fast moving averages crossover Forex trading strategy.

    Trading systems based on fast moving averages are referred to systems quite easy to follow. Let's analyze following data of this simple system.
    Within this system you can use any currency pairs. Time frame chart should be 1(one) hour or 15 (fifteen) minute’s. It’s recommended for the following indicators: 10 EMA, 25 EMA, 50 EMA.

    To make this trading system well-done you should comply with the entry rules: when 10 EMA goes through 25 EMA and continues through 50 EMA, BUY/SELL in the direction of 10 EMA once it clearly makes it through 50 EMA. (Just wait for the current price bar to close on the opposite site of 50 EMA. This waiting helps to avoid false signals).

    There are two variants of exit rules. First one covers an exit when 10 EMA crosses 25 EMA again.

    The second variant necessitate an exit when 10 EMA returns and touches 50 EMA (again it is suggested to wait until the current price bar after so called “touch” has been closed on the opposite side of 50 EMA).



    As other trading systems it also has advantages and disadvantages. We must mark following strong points: it is userfriendly and it gives very good results when the market is trending, during big price break-outs and big price moves.Following disadvantages should be noted also: fast moving average indicator is a follow-up indicator or it is also called a lagging indicator, which means it does not predict future market directions, but rather reflects current situation on the market. This characteristic makes it vulnerable: firstly, because it can change its signals any time, secondly – because need to watch it all the time; and finally, when market trades sideways (no trend) with very little fluctuation in price it can give many false signals, so it is not suggested to use it during such periods.

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  2. #2001
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    Quote Originally Posted by Abhishekwala View Post
    MA is good on our charts to do the analysis but what is needed is a good practice so that we trade the right set ups. Basic knowledge is essential to lay the foundation but then we have to build upon it by doing the advanced learning as well to achieve professionalism in our trading. This crossovers of the fast moving average over or below the slow moving average can be used in conjunction with support and resistance levels.
    You are saying true , There are various better basic strategies are present and making a profitable trade by following them is easy and moving average indicator is good in this way to analyses the market very rightly and on the basis of our knowledge and unlimited practices are suggesting us the right track to follow for directly open the trade into success .

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  3. #2002
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    Moving average is very good indicator and I like it. It shows trend. Sometimes it is better to use Moving Average + RSI indicator and one indicator will show trend the other will show overbought or oversold conditions. Generally it is better to use indicators on higher time frames as they give less false signals in comparison to lower time frames.

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  4. #2003
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    Every trader in this market get success if we are working with the trend and it is always our friend and we use mean which give easy understanding about the trend of market , more accurate ideas we have when we analyze different aspect of market like technical aspect and fundamental with trader sentiment when we observe all and have good grip on them in this way we develop own successful trade plan .

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  5. #2004
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    I like the technical methods which are actually the sort of basic strategies because earning is easy if we follow the basic methods and through the better knowledge and good plan to manage the trade with right risk ratio then we will reliable in this market and get the beneficial results so we have the trading experience which ensure to develop good earning easily .

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  6. #2005
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    Quote Originally Posted by galadiator View Post
    I like the technical methods which are actually the sort of basic strategies because earning is easy if we follow the basic methods and through the better knowledge and good plan to manage the trade with right risk ratio then we will reliable in this market and get the beneficial results so we have the trading experience which ensure to develop good earning easily .
    I too prefer the price action way of trading alone with an indicator like MA, fundamental analysis is more complex. Moving average is a good indicator and there are many good ways in which this indicator can be used to trade the market. It is not just about choosing a strategy but giving time on a strategy and try to understand it very deeply.

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  7. #2006
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    Quote Originally Posted by pak forex View Post
    Thanks for sharing but these strategies dont work all the times. I would insist newbies to come and learn price action trading strategy if possible. It uses no indicators as experts says that your eyes is the best indicator.
    Sir, i quite agree with you that this moving average trading style do not work all the time because there is no any trading system that do work all the time. You have suggested that rather than trading the moving average that do not work all the time , traders should learn how to trade with the use of the price action trading system, can i please ask you a simple question sir.?Does the price action trading system work all the time? It is food for thought question sir.

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  8. #2007
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    Speaking of the basic trading strategy, I just hope that the traders gets to know that the basic trading strategy shouldn't be the sort of trading strategy that will be complex, because if it is complex, then it will be hard for the trader to get to know how good they can trade with it. There are quite a lot of the trading strategies to be used in trading the market, but the basic one I will recommend should be the use of price action support and resistance as it is quite profitable.

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  9. #2008
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    Gaining the basic trading skills is very important but it is more important to make sure that we increase the level of our learning and mastering the field of forex trading through the increase of practicing too, because the more you are able to demonstrate then the more you are able to start learning and gaining of knowledge and experiences which are the backbone of all the successful forex trader ever lived. Even in the face of the simplicity of the trading system when you take time to look at them very well then you shall discover more things or skills to use and take advantage over the market. So don't just stop st the basic but make more efforts for the advance levels too.

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  10. #2009
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    These are the perfect collection of good trade strategy we just use that knowledge on demo account and building own way of trade which will give trader opportunity to get success simply , working in market with good mind set and with the right selection always help trader to build a good plan and for attain success from market .

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  11. #2010
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    Quote Originally Posted by Runner View Post
    These are the perfect collection of good trade strategy we just use that knowledge on demo account and building own way of trade which will give trader opportunity to get success simply , working in market with good mind set and with the right selection always help trader to build a good plan and for attain success from market .
    With building the plan and making the strategy very well are the essential factors to make the profitable trade so on the basis of good knowledge and practices and our learning skills will give us the suitable way to open the trade at the right times and without experience and our power of learning will ensure is to form success safely and we can develop good profit ratios.

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