FOREX CLOUD TRADING STRATEGY
Forex Cloud is a forex trading strategy. This forex trading strategy is used to trade in time frames like hourly and four hour time frames.Forex Cloud Strategy is a very simple forex trading strategy.The simplicity of this indicator has made the trading job easier. You can trade any currency pair, this strategy works on every session.
Indicator we used:
- Forex Cloud Indicators
- Market should be trending upwards.
- The Forex Cloud indicator should be green.
- Place your long position as soon as above conditions are met.
- Place your stop loss just below the recent swing low.
- Take your profit when the Forex Cloud indicator turns red.
Selling Condition
- Market should be trending downwards.
- The Forex Cloud indicator should be red.
- Place your short position as soon as above conditions are met.
- Place your stop loss just above the recent swing high.
- Take your profit when the Forex Cloud indicator turns green.
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