Best Forex Strategy 2019 (Still Works After 20 Years)
- Identify a Higher High or Lower Low from the Previous Day/Period.
- Identify a Retracement to the Daily Pivot (at or around the 8am London Open, which is marked “Lon” on our charts).
- Match our Daily Pivot with Fibonacci Retracement Levels (.382, .500, .618).
- Optimize Your Entry. Set an Ideal Take Profit and Stop Loss while satisfying our minimum Reward to Risk Ratio of 2 to 1.
The video above includes 2 hours of examples demonstrating our Best Forex Strategy 2019. There are very important lessons to extract from this video and to keep permanently in your Trader Toolbox. This is a timeless strategy. In other words, it will never stop working.
Best Forex Trading Strategy 2020
- Double Reversal Pattern: Identify a Double Reversal Pattern.
- Important Level: Make sure your Double Reversal Pattern is happening at an Important Level (i.e. Figure or Daily Pivot).
- Right Time: Make sure the 2nd Reversal is happening at either the Tokyo, London or New York Open.
- Optimize Entry: Enter upon the close of the 2nd Reversal if it satisfies our minimum Reward to Risk Ratio of 2 to 1. Stop Loss comfortably behind the Reversal Patterns. Take Profit a few pips prior to the next target Daily Pivot.
