Forex trading strategy #3 (EUR/USD simple system)

As we move forward we discover a strategy that fits only chosen currency pairs.
Take a look at the next Forex trading system:

Currency pair: EUR/USD.
Time frame: 30 min.
Indicators: MACD (12, 26, 9), Parabolic SAR default settings (0.02, 0.2)

Entry rules: When Parabolic SAR gives buy signal and MACD lines crossed upwards – buy.

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Yes, that would be the right thing to do: take one system, learn every aspect of it and trade it for some time: a week is often enough for a scalping system, a month or two for hourly charts based system and slightly over 5 months for a daily system. That's of course approximate estimation.

For an after 5 pm EST trading it is difficult to suggest a good Forex system, since the trading volume decreases by that time inviting sideways price movements that are difficult to profit with. If you can't trade during active market hours, I'd suggest trying larger time frames, daily charts would be ideal.


For new guys should we just use this one system and time frame until we get a good profit/loss ratio for about a month?
Also is this system ok for after-hours trader guys who get back home around 5pm est?

About the comments Paul and Edward , You are totally right about the weaker signals , and specially with Pairs other than EUR/USD , i have just been misleaded by MCAD signal above zero with USD/CHF pair , and totally lost 20 pips 30 minutes later. there was no change to get backup anytime soon . so my advice is to stick to the rules , because trials are expensive :(


Your forex trading strategies is interesting. But you may add forex fibonacci retracements to help you.

You can see how I use my forex trading strategies on my website:

If you have any questions about my forex trading strategies, send me a message, please.

Hi Paul,

It is a good comment, thank you.
Your observation is correct. Such signals are weaker as a rule. Ideally we want to trade Long with MACD lines crossing while below zero and go Short when the cross appears above zero.


Hi Edward,

Great site you have. I have a question concerning this strategy. For a buy signal does the MACD crossover have to occur when below the zero line ? I have noticed that sometimes there are signals when the MACD fails to make it back down below zero and cross over again before going to the upside. These signals would appear to be weaker.


Hi Keith,

I've never collected such statistics. I don't think it would have any value for future performance of this strategy.

Kind regards,

Hi Edward, awesome setups! And great feedback from you and others as well, Kudos!

Pertaining to this setup, what is the max number of candles the signals can be separated by?


Hi Dennis,

It certainly can be used to trade GBP/JPY pairs.
I'd look at 4 hour, 1 hour or 5 min charts depending on your trading objectives.


thanks edward,
i am unveiling the powers in these strategies you are posting on this site. Thanks a million. From my experience, i have found Parabolic SAR to be a very good indicator to trade this market. Despite its good, it has got some bad sides as well. Combining it with MACD which is a bit lagging indicator looks very good , but i really wanna know if this method could be used for GBPJPY and if possible what time `could be the best time `to trade this pair.

The best time to trade EUR/USD pair is during London and New York sessions (8 am to 10 pm GMT).
The most active hours are 13 pm to 17 pm GMT, when two sessions overlap.

You may refer to Forex market hours for more details.


Please what is the best time in G.M.T to trade the eur/usd.


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