16.Best forex strategy - Good morning Asia strategy

Forex strategy - Good morning Asia strategy A fair number of traders prefer to trade the U.S. and Europe sessions of the forex market because they feel that the market tends to be more exciting at those times. These traders consider the Asian session boring and quiet most of the time. However,  many part-time retail traders who are based in the United States and Europe miss out trading opportunities in the U.S. and Europe sessions...

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Forex trading strategy 15: GUPPY BURST

Best forex strategy for M5 with GDP/JPY The first step in developing a mechanical trading system is to understand and describe market behavior. The next step is to figure out the rules for entries and exits. The guppy burst seeks to exploit trading profits when the market  is quiet. There is  a window of around  three hours  between the  close of  the U.S.  market  and  the  opening  of  the  Asian  market.  The  forex  market  is relatively quiet during ...

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Forex strategy 14- SIAMESE TWINS

In  late  2007,  China overtook  Japan to become  Australia’s  largest trading partner.  In  2009,  China became  Australia’s  largest  export market,  consuming commodities  such  as  iron  ore,  coal,  gas,  and  wool in  record amounts. According  to  Australia’s  Department  of  Foreign  Affairs and ...

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Forex trading strategies 13b: COMMODITY CORRELATION (PART 2)

FOREX TRADING STRATEGY GOLD, XAU/USD- COMMODITY CORRELATION (PART 2) - a day trading strategy The correlation coefficient is a number that describes the extent to which two instruments are correlated to each other. The number oscillates between –1 and +1.Commonly mistaken as a momentum oscillator, the correlation coefficient is instead a number that moves from periods of positive correlation to periods of negative correlation. Located on one end...

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Forex trading strategies 13a: COMMODITY CORRELATION (PART 1)

Why are with this Forex trading strategies? Oil is one of the world’s basic necessities. Among other things, it is needed to run factories, plants, machinery, ships, and cars. A decline in oil prices is a nightmare for oil producers but a dream come true for oil consumers. The reverse is also true, when oil prices hit record highs. In July 2008, oil peaked at over USD147 a barrel. Those were the days when oil producers were smiling and oil...

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Forex trading strategies 12: SWAP AND FLY

Why is with Forex trading strategies: SWAP AND FLY? Every forex transaction  involves the  borrowing of  one currency  to buy another. This transaction also forms the basis of why traders can go long or short at any time. As an example, if you are buying a currency with a higher interest rate than the one you are borrowing, the net interest rate differential will be positive, and you earn interest for every day that the...

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Forex trading strategy 11: Pendulum strategy

Forex trading strategy: Pendulum strategy In the previous strategy, we explored a technique that helps us to anticipate a range with the help of the stochastic indicator and also trade it in the early stages of formation. The pendulum strategy comes to the rescue in the later stages of a range formation. In other words, we can still trade the range after it has been formed.You don’t need any indicators for this strategy, and you can use it to...

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