The ABC forex trading strategy is a simple but highly effective price- based pattern that can be used for both forex trading and analysis purposes. Com offers forex and CFD trading with award winning trading platforms, tight spreads, quality executions and 24 hour live support. We' ll just pop in another letter at the end ( because we' re cool like that), and we' ve got the ABCD chart. So what could be more basic than the good old ABC' s? A simple but powerful price driven forex trading strategy where I show the setup, entries, stops and profit targets, as well as how to handle. It is a corrective pattern that runs counter trend. Uhlelo lwe abc forex. In Elliott Wave theory, a flat is a pattern consisting of three waves labeled A- B- C.