good financial and straightforward strategy that can make our trading circuitous comfortable and safe, when we started trading professionals are in demand by several techniques, so just choose which if easy and can trust
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sweet words friends. This needs to be applied in my trading. use of technical and fundamental is very necessary. for better analysis. so that our account is safe, for the use of small lots as a personal safety of our capital. Overbought and oversold is very good if we use the indicator Bolinger Band. because it will be obvious in view of forex trading charts.
but until now I still tend to analyze for the pair GBP / USD and EUR / USD. because this pair is the movement of big points every day. and a clearer analysis, fundamental also often plays an important role, because the second pair is the strongest economy in the world, at the trading time is very important, convenience can be taken from any aspect, if we understand it,
I dont think there is any good point in this strategy it is juts the wastage of time and funds. A trader can not ear good profits with this strategies because forex traders want quick profits.
this strategy is very safe,, really really save,, but the profit is too small,, we just can take 200% a year,, i think i wont do this,, i choose forex business to multiple my capital with fast,,
i think that this strategy will work for those traders who has more capital and can afford to leave many positions opened in a negative floats without worries of losses...because sometimes market will move against your open positions and then you have to hold those positions for a long time....and we cannot make any profit with it for a few days.....but still i would suggest that stop loss is very important...because sometimes market will move significantly....for example, USDJPY has moved from 76.80 to 84.09 in these few weeks...so it could have make some traders to loss alot of money , if they are trading without a SL.
This strategy is very good and one can expect profit from it in the long term.
Fore short term trading not good.aiso i needs very huge capital which most of the trader including
me dont have in hand.
It seems profitable but if only one trade goes bad then i will lose big lose and it need very big balance so it is not suitable for me even i like swing trades but not by this way.
take a good calculation between risk and reward before go trading is very good and then try to make analysis or check the market condition will make easier the trader to put the order
we have to calm but confident and do not think to hurry up , and for this condition good controlling emotion are very required