My best strategy is medium term using only fundamentals and macd. I think thats the best combination that i know and it has more than 99% accuracy.But your fundamental analysis must be very good to use this strategy.
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My best strategy is medium term using only fundamentals and macd. I think thats the best combination that i know and it has more than 99% accuracy.But your fundamental analysis must be very good to use this strategy.
Yes you are saying right, but one thing is more added to your view to keep cool mind set and adjust according to the market condition and good prediction is also play an important role to get more and more money , make himself better then the others then you are able to get profit.
I use just trading signals and also believe on this because this is very interested and comfortable for me and therefore i use strategy for my forex activities in my account .
Depending only on signals is not good at all, we have to take care of other factors such as news and economical conditions of the countries related to currency pair. I always keep myself in-touch with the latest news and don't make my decisions only on signals.Quote:
Originally Posted by soft
Hi,
my most profitable Strategy is scalping. Scalping with an good scalping EA. It works nice on Instaforex and on some other Brokers. Best with 5 digit account but also with 4 digit accounts.
My profit able strategy is trade on gold because is a strongest commodity in forex market so we can earn good profit in less time according to currency pairs.
I think gold trading requires a large capital, because the price of gold daily range is large, That's usually happen to newbie trader, with small capital they make a deal with big lot in order to get big profit. They didn't calculate about the risk. If they more patience with their trading not greedy , perhaps will take success in their trading
But gold sometimes moves very quickly and to withstand such moves we need to have a big capital in the account , hence i avoid trading gold and concentrating more on silver trading. once i build enough capital for gold i will switch to it.Quote:
Originally Posted by muhammadatif
the most profitable method that a trader can use is small profits,high but comfortable leverage. Compounding your results can take you very far. When you want to start trading forex you should know that the likely posibility of trading and gainng high,and the posibility of losing the same way is also very high. I us a trading strategy of gainning 5 **** a day,which is very posible,after that i compound on a monthly basis,the results are good,though low but very good. You should try it to,i hope it works for you.
Recently i came across interesting thing about breakout . This helped me many times to book 20-30 pip easily.
Breakout candle have short tails . So whenever i see such candle i open position likewise the current trend .
Next candle follows the same trend with 20+ pip.