Trading strategies
The following approaches will be presented
- Combination of RSI, EMAs and Bollinger Bands
- Combination of Fast Stochastic, Slow Stochastic and EMA
- Combination of MACD and ADX
- Combination of EMAs and Parabolic SAR
- Trading pullbacks following gaps
- And more
Up to now, we have discussed the basics of forex trading, the concepts of price action, social trading, and one of the most popular trading styles – day trading. As you are now familiar with terms such as bull and bear trends, candlestick setups such as the hammer or bullish engulfing pattern, indicators such as the Relative Strength Index or the Exponential Moving Average, and the signals they provide, it is time to take the next step – to learn how to combine several technical indicators in order to increase your chances of success in trading.
In this guide, we offer various trading approaches, explained in a comprehensible manner and tested by our team of professionals. Here you will learn how to combine a set of moving averages with an oscillator such as the Slow Stochastic; how to trade pullbacks after gaps; how to combine the Moving Average Convergence Divergence with the Average Directional Index; how to use the Relative Strength Index with Bollinger Bands; how to use several time frames to position in the market; and more.
We also include a few indicators that have proved very useful in the past but are currently somewhat neglected. These include On-Balance Volume, the Accumulation/Distribution indicator, and Open Interest.
As our objective is to guide you continuously through the process of enhancing your trading skills, we believe the strategies we provide will be useful to you.