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But if you like to trade different market conditions then having several solid forex trading systems for each of the different market conditions is essential. Most trading strategies will fall into 1 of 2 categories:
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Moving average can highlight trends and consolidation You can see in this graphic that when price chops back and forth through a moving average, you are looking at a market in consolidation. I entered trades out of boredom when I was forcing a trade where there was none.
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They might not be the prettiest, but they are definitely the most comfortable:
This a good illustration of Strategy 3, discussed below, where one can sell the market at R2 or R3 to take advantage of overbought conditions or buy at market at S2 or S3 to take advantage of oversold conditions.
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While there are many other economic calendars available, the popularity of the forex factory calendar is that it is easy to use, and you can also find a host of useful information.

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