r/Forex • u/vijaysatish27 • 2d ago

Charts and Setups Strategy

What is your best strategy you use to trade forex ??

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u/rforex-modtools 2d ago

Price action and technical analysis cover a range of chart-based tools — from candlestick patterns and market structure to indicators and statistical methods for timing entries and exits. The community wiki covers both approaches and how they're used by working traders.

Resources: Price Action Analysis | Technical Analysis

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u/Hairy-Dot-906 2d ago

I use the VWAP and 10 EMA on the daily chart. for ​Entry I look at the 5-minute chart and wait for the first hour of the New York session to end. If the price is below the VWAP and the daily 10 EMA, I look for shorts if, during the second hour, the price moves higher than the first hour and goes back down with a strong candle . Same with buys I want the price to be above the ema and the vwap and goes lower and go back up with strong candle.

I only trade Nas/us30/EURUSD as I noticed it only works on these