FORCE FX is a strategy based on the strength of the currencies that are part of a currency pair, trading in favor of the stronger currency. For example, if the british pound is strong and the US dollar is weak, we make a buy on the GBPUSD pair.
This strategy is applicable to all currency pairs formed from the 8 major currencies (Australian dollar, canadian dollar, swiss franc, euro, british pound, japanese yen, New Zeland dollar and US dollar).
A filter, provided by the Bar Color indicator, is added to trade in favor of the main trend and avoid false signals.
This strategy works well on GBPUSD at the 30M timeframe, but can work well on other pairs and timeframes.
This strategy normally allows you to obtain around 200 pips per week.
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