💱 Forex & CFD Trading
A Simple Forex Strategy You Can Actually Follow
Use this rules-based template—trend filter, entry trigger, stop, and exit—to build and test your first FX strategy.
Strategy Template
- Market: 1–3 major pairs
- Timeframe: 1H or 4H
- Trend Filter: Price above 50-EMA = long-bias; below = short-bias
- Entry Trigger: Pullback to 20-EMA + engulfing candle in trend direction
- Stop: Beyond swing or 1×ATR(14)
- Target: 1.5–2.0R or structure level
- Risk: 0.5–1% per trade
Example (Long)
- 1. Price above 50-EMA
- 2. Pullback touches 20-EMA and prints bullish engulfing
- 3. Enter on candle close; stop below swing; target next resistance ~1.8R
Pro Tips & Common Mistakes
Pro Tips
Forward-test at least 30–50 trades. Record screenshots and metrics (win rate, average R, drawdown).
Common Mistakes
Changing rules mid-test; over-optimizing parameters.
Frequently Asked Questions
Which indicators?
20/50 EMAs + ATR is enough to start.
How long to test?
Minimum one market cycle per timeframe.