Forex StepMA Stoch (Trend Momentum) Technical Trading Strategy

High accuracy Forex StepMA Stoch Technical Trading System and Strategy – Most forex traders use charts to decide when to enter and exit trades, and technical traders in particular pay attention to price patterns.

By looking at charts and weighing price, volume, volatility, and timing, it is possible to find patterns that indicate opportunities.

For example,

…if the price of a currency repeatedly reaches a given value but does not rise above or fall below it, the currency is said to have found a resistance or support level.

Many traders will keep an eye on past patterns and have an opinion on how far the price will move if it does break the support or resistance level.

• Resistance: key price level where the asset price tends to find resistance as it rises. This means the price is more likely to “bounce” off this level and fall afterward.
• Support: key price level where the asset price tends to find support as it falls. This means the price is more likely to “bounce” off this level and rise afterward.
• Trendline: It is formed when a diagonal line can be drawn between a minimum of three or more price pivot points.

Over time, various analyses have been developed and built into our trading platforms.

Some are simple classics, others are more difficult to apply, and still, others are well suited to some currencies but not others.

You can take a position at any time – any expectation you have will point to an opportunity to BUY or SELL.

In this article, we’ll discuss how to use StepMA Stoch indicator with Bollinger Bands Stop indicator as support,  resistance, and trendline tool.

 

This Forex StepMA Stoch Technical Trading Strategy is is a trend momentum trading system because is based on the trend indicators and momentum indicators.

• Most Recommended Currency Pairs: EURUSD, GBPUSD, and USDJPY
• This Forex StepMA Stoch Technical Trading Strategy works with all time frames but the H4 and Daily are the best time frames.

 

•  StepMA Stoch
• BBand Stops
• Ichimoku Kinko Hyo
• THV3 CandleClock
• THV3 Market Hours
• THV3 ATR Pips
• THV3 MMPrice
• GMACD Signals
• THV3 Trend
• RSI

 

• StepMA Stoch bullish (red line above blue line)
• BBand Stops green and aqua color
• The Price upward and above Kumo Ichimoku Kinko Hyo
• THV3 Trend green color
• RSI line upward and above 50
• GMACD UpTrend

 

• StepMA Stoch bearish (red line below blue line)
• BBand Stops orange color
• The Price downward and below Kumo Ichimoku Kinko Hyo
• THV3 Trend red color
• RSI line downward and below 50
• GMACD DownTrend

 

Be who YOU are, not who someone else is.

This Forex StepMA Stoch Technical Trading Strategy is very simple and I hope it fits you because you have to use a trading strategy and style that you are comfortable with.

Everyone’s different, everyone’s an individual; no matter how well something may work for another trader, if it’s not comfortable for you, it won’t work for you.

Simple as that.

 

Don’t trade a strategy you don’t feel perfectly comfortable with; don’t trade lot sizes so big that they make you nervous (this will invariably screw up your trading).

Find yourself, your own identity as a trader, and be THAT person.

You’ll be happier, and you’ll make more money.

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