I want to talk about making consistent money with a Forex trading strategy. You probably have not heard many talking about this because they want to sell their products rather than give you a real, proven means by which to make real profits. Actually, there are several reports that are released by the U.S. government that can be played time and time again but this report is the Big Daddy of them all. It is as reliable as anything you will find as far as routine plays on the Forex market. So let's get right to it ... drum roll please. It is what I call the Non-Farm-Payroll Strategy.

This report always brings about a tremendous amount of volatility on the Forex market. Remember, volatility is good. No, volatility is VERY GOOD for the Forex trader because it allows the trader to take advantage of obvious over moves due to emotional buying or selling. Let's take a look at some ways to trade the release of this report.

I suggest using the MACD Histogram and/or Slow Stochastic Indicators. We are going to use these indicators for the following purposes:

We use these indicators in order to tell us if the conditions before the report is released are overbought or oversold.

Another good reason to use these indicators with this report is for moving average crossovers. A crossover of a moving average will usually indicate that there is going to be a move in one direction or another.

Divergence indication is also a great means by which to judge the movement of the market and the MACD will assist greatly in this area.

These are just a few tools that can greatly assist you in taking advantage of the great volatility that is unleashed on the Forex market after the release of the Non-Farm-Payroll report.

Unfortunately, I have only had time to briefly talk about this subject but there is a great report that is very thorough and can be accessed through the link at the bottom of the page FOR FREE.

The place for consistent winning trades: http://www.fx-indicators.com

Cal Relerd has been involved in the Forex market and investment world for many years. He is a firm believer in the Forex market being one of the greatest and most accessible means to building substantial capital in a relatively short period of time.

Source: www.ezinearticles.com