The 4 week rule in forex is a strategy that involves analyzing currency pair movements over a four-week period to identify trends and potential trading opportunities. This rule helps traders to make informed decisions by considering longer-term price action and trends in the market.
5 answers
Martina
Thu Dec 19 2024
The core objective of this trading strategy is to maintain an active presence in the market.
CherryBlossomPetal
Thu Dec 19 2024
The 4-week rule trading system operates on a straightforward principle.
Stefano
Thu Dec 19 2024
Positions are reversed at these significant breakout points, ensuring continuous engagement.
Caterina
Thu Dec 19 2024
Traders utilize this system to buy currency pairs once they attain a fresh 4-week high.
DongdaemunTrendsetterStyleIcon
Thu Dec 19 2024
Conversely, the system instructs traders to sell currency pairs when they hit a new 4-week low.