High accuracy “Forex SONIC Trend Momentum System” – Trend momentum trading is the ultimate reason why retail traders join online trading. Technical analysis is full of trading strategies to follow the trend, but there are other points where the retail traders struggle.
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- Use a demo account or a small live account first to practice this trading system
Trend trading is a conservative approach to speculation. Trading strategies to follow the trend, for this reason, are simple, less risky and appeal to all types of traders, especially those in need of confirmation before diving into the market.
- Time Frame: M15 or higher
- Currency Pairs: GBPUSD, EURUSD, USDJPY, and GBPJPY
- Moving Average “Channel”
- Time to Next Bar
- BBand Stop
- QQE Alert MTF
- Sonic CCI
- Moving Average “Channel”: Price above MA channel
- BBand Stop: Blue line
- QQE Alert MTF: Above level 52 line
- Sonic CCI: Above level 0 line
- Moving Average “Channel”: Price below MA channel
- BBand Stop: Red line
- QQE Alert MTF: Below level 48 line
- Sonic CCI: Below level 0 line