What is the BEST forex strategy & How to find the best and most accurate forex setups?

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What is the best Forex trading strategy? What forex strategy delivers the best success rate? What forex strategy delivers the best ROI? What forex strategy delivers best results?

Finding the most accurate forex setups is usually a hard task that only the most skilled and patient traders accomplish. In this video I talk about some of the myths when it comes to high accuracy forex strategies.

I also give tips on how to find such high accuracy setups and some common trading mistakes.

✅ 1 - MULTI TIME FRAME ANALYSIS AND TRADING
First of all you should define what a high accuracy strategy or signal means to you. Is it the win/loss ratio? Is it about how often your final target is reached? This definition alone opens a huge discussion and multiple variables.

However, we are going to find one constant among all these variables: Overall Market Direction.
The accuracy of the strategy and the signals that the strategy generates depends on whether you understand the flow of the market on a bigger scale than the one you are trading. In other words - multi time frame analysis.

If you are trading M5 chart, you probably don't care much about W1 and Monthly charts. Make sure to go in the direction of the 1 or 2 higher time frames of the one you are trading. This is a very common mistake i see on daily basis.

You can determine the direction of the market various ways. I personally use cycles, some use Elliot waves others use technical indicators such as the moving average.

✅ 2 DIVERGENCES AND DIVERGENCES SYNCHRONIZATION.
You can't really expect H1 chart bearish divergence to be a signal or sign of market reversal, when H4 and D1 charts are pushing full force to the up side, and they show no signs whatsoever of momentum exhaustion, slow down or divergences.

When you are trading multi time frames, treat every time frame as a separate one. Once they all start showing the same signs, this is where the best and most accurate trading signals appear.

Think about it, it is logical. If you see sell on the H1 chart, and the traders who trade H4 chart also see sell setup, and the traders that work on D1 chart also see sell signal what is the logical outcome? Price to push lower.

✅ 3 - PRICE ACTION

Price action is extremely important part of every trader's life, regardless of whether one admits it or not. Most technical indicators are based on price action data. They are the fundament or the core of the indicators.

Same applies to chart patterns, trend lines, harmonic patterns, Japanese candlesticks and so on. It all starts with price action.

If you didn't invest time, effort and money into learning about price action, it is time to do so.

Yours to success,
Vladimir Ribakov

What are my trading techniques? You can watch the videos here and discover great forex strategies

• Fibonacci retracement - https://youtu.be/Dok77B_socA
• Cycles and waves trading (Price action trading) - https://youtu.be/wRpcME6R3Rc
• Japanese Candle patterns - https://youtu.be/iPXeKYruqQQ
• Trading In The Channels - https://youtu.be/ckXD7joXcv8
• Trend lines - https://youtu.be/9qwAk9h3Hds
• Divergence, Hidden Divergence - https://youtu.be/WUCSHDVjdJ0
• Convergence and false breakouts - https://youtu.be/siSZZte6QHI

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