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Intraday trading
#1
Intraday trading is not like a long-term technique that requires the patience of traders to wait for certainty of trading results. The position is opened and closed on the same day, so traders can get profit on that day. Even if it gets a loss, the loss experienced will not drag on.

Such techniques are easier to help traders to quickly move on and focus on finding new opportunities the next day. Perhaps, that is what makes intraday trading favored by many traders.
However, there are so many forex strategies that can be applied, so often make traders confused to determine the mainstay forex strategy. Suitable to be applied in H1 and H4 time frames, here is a choice of strategies for intraday trading that you can try.

The mainstay forex strategy for intraday trading
Following trend
Following trends is often plotted as a forex strategy the easiest mainstay in intraday trading. Basically, you can simply identify the price trend on the chart and act to follow it. The trend following strategy that we discussed here is Roman Sadowski's recommendation from HumbleTraders, and only uses a combination of Exponential Moving Average (EMA) lines.
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The setup chart for this flagship forex strategy involves:
    EMA period 20 as fast MA
    EMA period 60 as slow MA
    Period EMA 100 as a trend indicator
Buy signals appear when 20 EMA cuts EMA 60 from bottom to top. If the 20 EMA cuts the 60 EMA from top to bottom, then it can be interpreted as a sell signal.
On the other hand, EMA 100 can be relied upon as an accurate trend marker. If the indicator line moves convincingly above the price, then the market is being dominated by a bearish trend. Whereas if the 100 EMA moves below the price, then the bullish trend is more dominant. 100 EMA that cuts prices from the bottom up indicates a trend change from bullish to bearish, and vice versa if the EMA 100 crosses the price from top to bottom.
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In a 100 EMA scenario that moves close or even close to the price, it indicates market uncertainty. Crossing EMA 20 and EMA 60 in such conditions should be watched out carefully. Do not rush to follow up on the crossing signal before the 100 EMA shows a clear change in trend direction.
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