You asked me for a simple strategy, so here it is. I sure hope you find success with this approach to the markets. Remember to backtest and forward test this strategy before trading real money.
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Trading the Forex market requires a lot of patience and discipline. But with the right strategy and understanding, the results can be amazing.
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Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
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