[UnderWorld_]

You can trade the 10 and 20 ma crossover in trending markets. It probably doesn't works that good when momentum is low.

Or you can trade trendlines. Draw trendlines from top to top and bottom to bottom. Enter in the direction of the trend when the rate is near the trendline (within 5-10 pip; you can scale in). Stop out when the trend is pierced 10 pip or so. Trade only big trends to begin with and don't enter trades that counter the trend. Exit when the rate is near the bottom of the trend channel, or at support or resistance (tip: install the FXCM newsclient to see S/R).

You can look at the news calendar to see if any big evens are happening that you should avoid (at least in the beginning). Click the definitions to see the importance:

http://biz.yahoo.com/c/e.html

Most important: keep it simple, don't use all those crap indicators, trade only one pair, etc. Read: Mark Douglas - Trading in the Zone.