Trading Strategy "Holy Grail" has long been known to traders all over the world and tested in various financial markets, including foreign exchange market Forex. This method is a good example of the trend of trade. Open trade positions, according to the method is carried out strictly in certain moments and strictly according to the trend direction. Any trade is a trend or during flat market is strictly prohibited.
Principles of trade by the method of the "Holy Grail."
The basic rule, which is used for the opening of trading positions: Purchase / sale on corrective movements with the already existing and identifying trends. That is, the pullback in an uptrend, a buy signal, and rolled in a down - to sell. If you strictly follow the principles of this system, any open trade position will be profitable, because it is open in the direction of the trend and it is "pull" it into a plus.
For trend detection using standard tools (proposed the creation of this method):
- The moving average line with the period of 20, 20 EMA.
- A technical indicator ADX (14).
However, the Forex market is constantly changing its behavior, and since that time, when I was offered this set of analytical tools, he changed. Therefore, any trader can easily add and update the indicators and their chops and borrowed instruments. Index - to identify trend and rollback, in which all trade and open trade.
Trading process by the method of the "Holy Grail."
The basic principle that open trade orders: when the indicator ADX (14) rose above the value of 30 and a bit ago, recovered, made purchase / sale. The moving average is then determined the direction of the trend and the price chart currency pair should touch her in the opposite direction of the trend. Thus, we should see a full rollback of two analytical tools, and then make the appropriate trading. Still recommend to visit a site about Forex - http://vmireforex.ru , where you will gather a lot of useful information.
As we can see, the basic principle of this method is not in any open and simple in its essence. But, at the same time, not so easy with a high probability to find a reliable point of entry. This requires practice to start with a standard set of tools and different currency pairs, and then you are ready to upgrade and improve the "Holy Grail."
It must be remembered is that correct open position by this method will inevitably be profitable, as respect the basic principles of speculative trading: work on the trend.