My trading strategy: 1) Find the strongest and weakest currency for the day. If we pair the strongest with the weakest, there is a high probability that the price will continue to move in that direction. 2) Use channel to confirm the direction of the trade. 3) Determine if it is a valid breakout. 4) Make sure price hasn't moved too far. 5) Set my SL and TP.
What trading strategy are you using at the moment? I would love to hear your thoughts.
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