It's hard to trade forex as any other markets based on the indicators without understanding the price action.
The better way is to apply simple and more predictable methods
The suggested trade approach is based on the channels and support and resistance lines. Do not look for fancy indicators, apply most evident easy to use tools.
1. Draw a channel on the main chart on H4 and a channel of the RSI indicator.
2. Do the same on H1. If the channels have the same direction, wait to join the trend. I…
Read full story
Translate to English Show original