Li spite of the many complications in the exchange market, but there is a simple way to describe success. Almost everything boils down to three steps, namely:
• Choose the right currency pair
• entering the market at the right time
• Knowing when to get out.
Always the hard part in the Forex strategies is to know when to enter the market? In this article you will only on one type of focus that equation, an examination of the list of conditions that must be before entering the market.
Forex strategies - ideal conditions to enter the market:
The ideal way to search for market entry strategies in Forex point is through intersections moving averages. Here's how I have it, if you are using a moving average long-term average and last term, you will have a clear base for comparison. If the intersection of the moving average short-term with the other long-term from the bottom up, you can say that there are upward Trend in the way. Of course that appears when the trend bearish short-term moving average intersects with the other when he crossed from top to bottom.
Moreover, to confirm The trend, you should take a look at another index, the average direction indicator (ADX) or MACD (MACD) and two statistical way to measure if it was a big the trend or not. Look for a number between 30-40, you can also be considered Momentum indicators (momentum) like TRIX Index, or RSI Indicator.
Another way to identify trends in the Forex strategies is by Fibonacci analysis with tracking daily focal point to draw a line and the horizontal direction. You should also see if you can find the points of resistance or support. And yet there is another index, a moving average exponential EMA. Use the 200 EMA to see if the trend line intersects with this index at any point.