While many Forex traders prefer intraday Forex trading systems due to the market volatility providing more opportunities in narrower time frames, a Forex weekly trading strategy can provide more flexibility and stability. A weekly candlestick provides extensive market information. Weekly Forex trading strategies are based on lower position sizes and avoiding excessive risks.
For this strategy, traders can use the most commonly used price action trading patterns such as engulfing candles, haramis and hammers.
One of the most commonly used patterns in Forex trading is the hammer .
For this strategy, traders can use the most commonly used price action trading patterns such as engulfing candles, haramis and hammers.
One of the most commonly used patterns in Forex trading is the hammer .