THis is a very simple yet extremely efficient FOREX strategy .
In general it tends to work the best against NZD and AUD pairs, however other major pairs and crosses can work as well.
It's made of a time management, together with MACD , moving average , a price action rule and a risk management.
THe logic behind is the next one :
We have 3 ascending...
This is a simple yet very efficient daytrading strategy for most crosses pairs, like EUR/NZD, EUR/AUD , GBP/NZD, GBP/AUD and so on.
It tends to works best with 1h and 15 min time frame charts.
Its components are :
Entry time = session that we want to trade, where we can combine for example half of London and all of NY using an hour system.
This is my new 2pm_3pm_4pm strategy, for GBPAUD only.
The name of the strategy is because you can have maximum one signal per day, at 2pm or at 3 pm or at 4pm UTC+2 (Rome)
It works more or less as the previus strategy GBPUSD, so for the details you can have a look at
Risk/Reward ratio is around 2.5 and the initial capital of the backtest is even...