Who Wants a Simple Forex Strategy?

This is a guest post by Mark Richard

So you just want a simple Forex strategy to trade? Okay, let’s see what we can do…

Firstly, you want to get the probabilities in your favour; this means making sure you’re trading WITH the trend. Yes, I know, you’ve heard it before – but it’s true; trading with the trend will increase the probabilities for you.

The first thing we do is place two moving averages on the chart. The first moving average is a 50 Period Exponential Moving Average of the Highs; and the second is the same, a 50 EMA, but this time of the Lows.

You should have something that looks like this:


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