What is the Holy Grail?

The holy grail is what Forex traders use to refer to a trading system or strategy that is guaranteed to produce a profit every time it is used. It most often consists of a combination of several technical indicators plotted on a single chart which are supposed to serve as a signal of when a position should be opened. Before you go searching for it, however, take note that there is no system that can result in a profitable trade 100% of the time.

Be wary of such posts, articles, or promotions that advertise finding the holy grail by using intricate charting techniques and hard to believe promises. Most of the holy grail methods you can encounter online will turn out to either be false, an advertisement for a company, or even a scam designed to gain your attention and draw you into making a purchase by making wild claims.

Even if such a system existed, there would be no reason for a broker or an individual to share it to others instead of keeping it to themselves. After all, if their supposed holy grail is so effective at finding profitable trades, they should be earning more than enough to not have to sell it to you or anyone else.

Instead of wasting time searching for it, devote yourself instead into learning how to conduct a technical analysis and using Forex signals to improve your chances and become a better trader. By doing this, you can discover your own strategy and develop a unique method of making trades.