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· Starting from August 1, 2011, at 1am London time, we will start using the daily chart together with a lower time-frame to trade on a newly developed FX trading strategy which has been tested for about 1 year now. The strategy is only good for Forex investors and not for Forex game players. Highlights of the strategy: 1.
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The best ribbon trades set up when stochastics turns higher from the oversold level or lower from the overbought level. Likewise, an immediate exit is required when the indicator crosses and rolls.
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Perhaps the best free forex trading strategy I know is the Bladerunner and combined with price action it may just be the easiest to trade. Update 28 May 2013: the technical basics of this strategy remain unchanged, but I have started using the forex polarity indicator – a combination of the Bollinger mid-band and the 20 EMA – to trade it.
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