· The 4-hour chart plays a special role in the FX market. Most equity markets are open between 8 and 9 hours each day, and as such, the four-hour The H4 (4-hour) Forex trading strategy makes use of a fine combination of technical indicators that are applied to the 4-hour charts. This strategy offers a profitable way for · In this Bangkok Forex trading vlog, I share the strategy I use to swing trade the 4hr time frame in the Forex market. Vlog # FREE Strategy Course. My way of seeing things is this: If you're not in control of your schedule, you better be working to get control back. That's a mindset any ambitious trader must have! And it starts with making enough money for your day-to-day. I get a lot of people who said they're “looking” for a trading strategy
The Four-Hour Trader, A Full Trading Plan
This swing trading strategy uses a combination of moving averages, support and resistance, volatility forex 4 hour strategy a few other tools to maximize profits from the trends in the Forex market.
At the same, the strategy aims to keep stop losses and drawdowns to a minimum. Although this strategy can work well on all timeframes, it is best to be used on the 4h timeframe, which makes it highly suitable for swing traders. In this strategy, the 4h chart is used as the base chart this is where we screen for potential places on the chart where trading signals may occur and the 1h timeframe as the signal chart, or the trade chart where we execute orders according to this strategy.
If you choose to use a different timeframe as the base chart remember forex 4 hour strategy you go one timeframe lower for the signal chart so if 1h is the base chart then the 30m timeframe is the signal chart. We need to have a trend. This strategy rests on trend behavior and without one it basically can not be used, forex 4 hour strategy. To determine if there is a trend or not we are going to use a set of two moving averages, out of which one is a 34 period and the other a 55 period MA.
You may notice that these numbers are part of the Fibonacci sequence. We can judge if a trend is worth trading or not by observing how the moving averages relate to price action. Note : For this strategy feel free to experiment with different types of moving averages like simple, exponential and weighted, forex 4 hour strategy.
EURAUD 4h — A strong downtrend in provided several great opportunities for this strategy. Forex 4 hour strategy can be seen from this EURAUD chart, the price tends to bounce off the two moving averages. Basically, the moving averages are a support zone during uptrends and a resistance zone in downtrends.
It is around and inside of this moving average zone that the best trading opportunities for this trend trading strategy are to be found. We are trying to profit on the swings in the direction of the trend. So, for this reason, we want to join the trend on the retracements. AUDUSD 1h chart - Example of an entry with using this trend trading strategy. Take the EURUSD pair which has about pips usual daily range.
So, in total the stop loss, in this case, would be 32 pips. Here is how this strategy works:. Because this is a trend trading strategy we will use a trailing stop for exiting the trade. This allows us to profit on a bigger part of the move. The blue arrows are the starting point of the count and the line is the stop loss placement for that point in time. The numbers are an example of how to count the candles to determine the stop.
You can see here how lower highs are left out until the next higher high backwards is found. EURUSD 1h chart, forex 4 hour strategy. Notice how the manual trailing stop allowed the trader to capture almost the entire move on this chart. Trades are exited only when the price moves above the blue line which happened once on this chart in the first case on the left side. If you find it helpful some backtesting on past price data is a good way to learn and master this trend following strategy as well.
Our Very Profitable 4 Hour Chart Trend Following Strategy. START TRADING, forex 4 hour strategy.
4 Hour Trend Line Breakout Strategy Explained - Forex 101
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· Forex 4 Hour Winning Trading Strategy - YouTube. Watch later. Share. Copy link. Info. Shopping. Tap to unmute. If playback doesn't begin shortly, try restarting your device. You're signed blogger.com: Sasan FX1 The H4 (4-hour) Forex trading strategy makes use of a fine combination of technical indicators that are applied to the 4-hour charts. This strategy offers a profitable way for Best 4 Hour Rsi Forex Trend Trading Strategy. This is a powerful trading strategy that works very well during strong market trends and can offer excellent rewards. Most importantly, due to the accuracy of the indicators used and the conditions under which they are used, this strategy enables traders to enter only the best and strongest Forex trends
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