What strategies are you using to enter and exit trades?

Beginner Questions
1

Are you more into price levels or maybe formations? MA cross overs? What’s working?

2

I am use indicators and different types of exits.

3

I look for strong trends on the D1 chart and then use any simple weakness in the trend’s momentum to allow me to set an order at a continuation price level.

4

I use RSI over bought and over sold, in conjuction with currency strength meter

5

Bro, when you add indicator to price action, you’ll win.
Price Action first then Indicator
Don’t rely on crossover.
The reason you’re learning forex to have financial freedom right? You want to buy that fancy house or car… Then learn Price Action…

1 Like
6

When selecting a strategy, why not start at the strategic level rather than entry tactics? Let your overall aims help you select the right chart features and indicators.

What I mean is there are only two reasons to buy a market -

  1. because it has been going up
  2. because it has been going down

Buying a risen market is trend following. Buying a fallen market is reversal trading. Both make money but the management of the two approaches is different and the experience of being that type of trader has different impacts on the individual. Decide where you want to be before you decide how to get there.

7

I love to trade MA divergence&convergence however discovering right mix of parameters of the system can take quite a lot of time.

8

Any resources to study that you like?