High Accuracy ARN-CCI-RSI-ADX (ACRA) Trading Strategy – The Forex market is constantly offering lower and higher quality trade setups. It is our job as traders to scan, recognize, select, enter and exit the ones with the best odds and reward to risk.
This is a very simple and easy trading system to select the best and high quality trade setups.
This article explains a simple tactic that helps Forex traders recognize the high probability trade setups with help from a few trading setups examples.
Many of these moments, however, do not provide an edge to the trader. These setups do NOT offer a distinct advantage and have a low probability of success.
Setups with a high probability of success have a certain scarcity. The Forex trader must wait patiently for these setups to occur, like a tiger waiting for their prey, and then execute with discipline when the moment arrives.
But how does a trader recognize the moments of waiting and executing?
Let’s go to the trading rules.
- Best Time Frames:
- M15, M30 and H1 TF chart for intraday trading
- H4 and Daily TF chart for short term swing trading
- Most Recommended Currency Pairs: EURUSD, GBPUSD, USDJPY, AUDUSD, NZDUSD, USDCAD, GBPJPY, and EURJPY
- Matrix ACRA
- DDFX 3 BBStop
- GG Trend Bar
- Signal Trend
- BBands Stops
- Trend Magic Line
- Relative Strength Index
- Matrix ARN-CCI-RSI-ADX (ACRA) blue color
- DDFX 3 BBStop blue color
- BBands Stops blue color
- Trend Magic Line blue color
- Relative Strength Index (RSI) line upward and above 50
- Matrix ARN-CCI-RSI-ADX (ACRA) red color
- DDFX 3 BBStop red color
- BBands Stops red color
- Trend Magic Line red color
- Relative Strength Index (RSI) line downward and below 50
CONFLUENCE ZONES are actually the best decision spots available because it increases the probability of a trade setup succeeding.
Confluence zones can be the meeting of any type of resistance or support level. That could be BBands Stops, Trend Magic Line, Trend Line, a Pivot Level, or a Fibonacci Line.
This happens because more support or resistance is available in that decision area, which makes the decision spot more valuable compared to decision spots with no confluence (see an example of confluence in the screenshot above).
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