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[QUOTE="Danielle Davidson, post: 90501, member: 35614"] There are thousands of Forex trading strategies that are profitable, but every single one of them that really works is based on one rule only: you can make money by buying in an uptrend, and selling in a downtrend. There is no need to complicate things once you understand the simplicity of an effective Forex trading system. Top Forex brokers will not care whether you trade on-trend or against it, since they don't bet against you, but you should. I trade 5-minute charts on the best Forex trading platform available today to a retail trader, and out of the enormous diversity of indicators, I only use simple moving averages. I use charting to spot ongoing trend and assess its strength. It gets easier on the eye with experience. I let the trend settle and pick up steam, and then enter a trade on a pullback. I get out when I feel that the trend is quieting down, and don't worry about not making that high. Stability is more important to me. Read more[ url deleted ] [/QUOTE]
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