Forex Trades - Easy Pips From A Falling Dollar

A falling dollar has created several chances for easy pips on your Forex charts. Here’s how to find them.

The dollar is in rough shape right now against multiple currencies. But the beauty about Forex trading is that even bad news is good news. Here are three ways we’re taking advantage of the falling dollar.

Easy Breakout Forex Trades On USD Pairs

One thing is for certain; the dollar is sailing through some choppy waters. A tough winter has set the stage for a struggling greenback. The US government is trying to be optimistic. But some economists are predicting a recession in 2015.

The Fractal Breakout Indicator can find large Forex trades before they happen. We’ve been using it on USD pairs lately.

This means any growth the dollar gains could be followed by large selloffs. This is a great chance to find easy pips across several USD pairs using breakouts. Keep your Fractal Breakout Indicator running on EURUSD, USDJPY, and USDCAD to spot these big Forex trades well before they happen.

Hedge Your Bets

As the dollar teeter-totters over the next few months your charts will be ripe with small hedge trades. Hedging is a great way to open a long term Forex trade and still make pips in the opposite direction from smaller Forex trades.

Hedging can double pips from your Forex trades. The Hedge Robot will trade the main trend while looking for smaller hedge trades automatically.

Hedging manually is not for the faint of heart. It takes a lot of skill and know-how to determine when to hedge. We use the Hedge Forex Robot to find our hedge trades for us. So far this month it has done pretty well.

Confirmations From Several Time Frames

Confirmations are easy when a currency is struggling like the dollar is. The easiest Forex trades can be found when smaller time frames align with the H4 or D1. Depending on the strength of the larger trend you could be in for a lot of pips.

The HAS MTF Forex Robot monitors all 8 time frames for Forex trades.

We’ve setup the HAS MTF Forex Robot on all USD pairs to easily monitor all time frames for us. It actively scans all 8 time frames of any chart it is attached to. Without it we would be missing these Forex trades.

Take Advantage Of A Unique Situation

When the dollar struggles it creates a unique chance to find some easy Forex pips. By automating your Forex trades you can cover all of your bases and get the most from this perfect storm.

Download Your Forex Robots Now

Trade Forex Without Emotion Using These 5 Easy Methods Emotion has no place in forex. The false confidence after closing that big forex trade can lead to stupid risks. And the […]
Finding Easy Setups On Your Forex Charts Some Forex traders are guilty of chasing pips from one price to another. But pips can be very sneaky. A better way to catch […]
Best Expert Advisor Right Now Over the last six months Ganon has proven its reliability and become one of the best performing […]
Forex Trading Robots Up Close Forex trading robots are programs designed to help you trade better. We're going to take an in depth look at the unique […]
Best Forex EA Robots 2013 Our Forex EAs are doing great things. With the dollar rising they were able to find some very large pip trades. But […]
Easy Forex Trading Method A lot of forex strategies are overly complex. So we want to focus on a clean and simple forex trade that Odin found on our […]