Extremely high win rate FOREX swing strategyTHis is a very simple yet extremely efficient FOREX strategy .
In general it tends to work the best against NZD and AUD pairs, however other major pairs and crosses can work as well.
It's made of a time management, together with MACD , moving average , a price action rule and a risk management.
THe logic behind is the next one :
For LONG:
We have 3 ascending candles.
Histogram of MACD is positive.
Last close of a candle is was above moving average.
If all those previous condition happened before 17/18 UTC time depending if its summer time or not, we enter the trade.
For Short:
We have 3 descending candles.
Histogram of MACD is negative.
Last close of a candle is was below moving average.
If all those previous condition happened before 17/18 UTC time depending if its summer time or not, we enter the trade.
RIsk management
For risk management, since we aim to have a 95%+ win rate, we aim to have a 5:1 or 10:1 risk to reward ratio. Meaning that for each $ we can win, we can lose 5-10$.
THats why I recommend to be extremely careful when playing with leverage with this strategy.
