Dislikedfor example, why do you want to trade this particular pair, when there are pairs with much better reliability. now.Ignored
EUR/USD is supposedly beginner friendly.
I've said a few times that a 50 > 200 MA (or 50 < 200 MA) cross on the daily chart seems to give a good trend 25% of the time, and the profits from that 25% of trending runs might make up for the 75% of the time that this is simply a whipsaw movement. But I need to write an algo that will test this thousands of times.
As soon as you get below daily resolution, EUR/USD approaches more and more to a straight-up/straight-down/straight-up/straight-down cycle which is unprofitable for both longs and shorts.