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Terence_FX
Jan 24, 2017 9:56 AM

My FX Trading Strategy 

Euro Fx/U.S. DollarFXCM

Description

My trading strategy:
1) Find the strongest and weakest currency for the day. If we pair the strongest with the weakest, there is a high probability that the price will continue to move in that direction.
2) Use channel to confirm the direction of the trade.
3) Determine if it is a valid breakout.
4) Make sure price hasn't moved too far.
5) Set my SL and TP.

What trading strategy are you using at the moment? I would love to hear your thoughts.
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