The Effective Momentum Trading Strategy for Major Currency pairs
Momentum Trading is an effective strategy that trades in the direction of the trend. Its calculation method is based on the use of four Forex indicators: two moving averages, which, when crossed, will determine the market trend, and two oscillators that find the optimal trading entry points.
The strategy can be applied to any currency pairs, however, to achieve better results, it is recommended to use trending pairs. Any timeframe can also be selected, but not higher than H1.