2nd, and a 3rd lower-risk strategy, scroll down to bottom of the page! The forex trading technique below is simplyawesome. If you are able to look at a chart and identify when the european session in forex is trending, then you can make a bundle using the below technique.
If we had to pick one single trading technique in the world, this would be the one! Make sure to use proper position sizing and money management with this one and you will encounter nothing but success! 1 – To keep things simple, let’s assume there is no spread. Open a position in any direction you like. A few seconds after placing your Buy order, place a Sell Stop order for 0.