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The Core 5 Forex Basket Trading Strategy

forex basket trading

Forex Basket Trading Strategies are quite popular lately.

The Core 5 Forex Basket Strategy implies the trading of 5 currencies pairs simultaneously

The 5 currency pairs are:

  • AUDJPY
  • EURJPY
  • NZDUSD
  • GBPJPY
  • GBPUSD

The indicator gives trend direction according to last week, last day, last four hour and last hour worth of data. I would suggest to trade this forex basket ┬átrading system taking the signals from the weekly data, when it signals “BUY strong” you should buy all the 5 currency pairs and when it signals “SELL strong” sell all the 5 currency pairs.

Look for a possible signal around the start of the week.