Make profits from BEST TOP 5 Simplest Major Pairs GBPUSD and EURUSD Forex Trading Strategy – The major currency pairs are the most traded currency pairs in the forex market. The reason for the Major Pairs being so popular is that these currency experiences very sharp and extreme fluctuations.
GBPUSD and EURUSD are highly traded currencies. Abd below are BEST TOP 5 Simplest Major Pairs GBPUSD and EURUSD Forex Trading Systems and Strategies ;
1. Renko MACD Mirror Trading System
A Renko chart is a type of chart. developed by the Japanese, that is only concerned with price movement; time and volume are not included. It is thought to be named for the Japanese word for bricks, “renga”.
A renko chart is constructed by placing a brick in the next column once the price surpasses the top or bottom of the previous brick by a predefined amount. Green bricks are used when the direction of the trend is up, while red bricks are used when the trend is down.
2 – Forex MACD Divergence Trading
This Works on All Time Frame MACD divergence trading system is based on two divergence indicators and works on the all time frame. Here I show how it work at the time frame 30 min. Best trading session: London and New York.
- Sweet Spot,
- MACD Fisher,
- FXCX Divergence indicator (5,13,21,),
- MACD Divergence indicator (12, 26 9),
- Doda Stochastic indicator ( 5,13, 5 setting for 5 min and 15 min time frame, for other time frame the setting is 5, 8, 5).
3 – Forex Parabolic SAR Trading System
How To Use Parabolic SAR Indicator Effectively to maximize your trading profits. One indicator that can help us determine where a trend might be ending is the Parabolic SAR (Stop And Reversal). A Parabolic SAR places dots, or points, on a chart that indicate potential reversals in price movement.
The nice thing about the Parabolic SAR is that it is really simple to use. We mean REALLY simple.
- Basically, when the dots are below the candles, it is a BUY signal.
- When the dots are above the candles, it is a SELL signal.
4 – Highly Profitable Renko Street Trading System
5 – Donchian Channel Breakout Trading
Advanced Donchian Channel Breakout – BEST Simple Forex Donchian Channel Breakout Trading Indicator & Strategy. You can use martingale between 1.5 and 2.0 for position management.
The Donchian channel is a useful indicator for seeing the volatility of a market price. If a price is stable the Donchian channel will be relatively narrow. If the price fluctuates a lot the Donchian channel will be wider.