Let's discuss the strategies which were really helpful and worked most of the time.
It will be great if you can describe with appropriate picture.
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Let's discuss the strategies which were really helpful and worked most of the time.
It will be great if you can describe with appropriate picture.
Here is my strategy .
I use ATR channels and stachastic rainbow together.
Whenever st-rainbow contracts pullback occurs. Market comes back to middle line (pink).
This strategy helps me to get 60+ pips easily. But its useful when market is volatilehttp://ubuntuone.com/579EEJwt69xMeZZnjdYYeB , i mean if market is too slow then
no guarantee of pullback.
If you have doubt in this or any suggestions then post it.
There are some strategies that work better than others but there are some market conditions when most of these strategies fails or at least start resulting in regular losses, but one and only way to make money out of forex in my view is long term investment - with safe leverage in those fundamentally sound instruments.
yeah scalping is good strategy for me..i will definitely like to follow scalping strategy inspite of other type of strategies. because it will provide quick result and tested strategy.
And like to use SL and TP with 1:1 which make my strategy quite effective. means like 20 pips for SL and same for TP.
I think trading with as less greed as possible is the best strategy in forex trading. If we will trade with less greed then we will try to earn a small profit and that will make our trading with less emotions and less mistakes.
i am using MACD indicator for scalping trading.
in scalping my take profit is only 6-10pips and for this kind take profit i put 30pips stop loss and some time without stop loss.
this is success but due to some strong news it will be fail. i am trying to improve it more.
There are many strategies in forex.I am use 2 or 3 strategies for trading,but most successful strategies is Moving Average.I am select 5 and 10 both lines,when the lines crossed the trend is absolutely change and give you right Direction.
My most profitable startegy is the pivot point strategy which I use for day trading. It earns me consistent profits. Before now I tried swing trading using candlestick chart patterns, but the chart patterns do not always form so getting a trading opportunity was quite difficult.
I tried this strategy on a demo account but not in real yet, in this strategies while trading in gold i spend only .5% of my capital to buy gold and if it slip down by 5$m i spend another .5% so i keep opening buy trade on each $5 gap many times price move up and i book profit whenever it is giving me 10$ profit, keep on doing this for several days and there come a time when i have many trades open but am in 50-100% profit if i close all positions. I understand it look quite kidish, but it is not much risky and i found it work, just you dont book profit daily.
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 .
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
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.
I am getting good results by trading the news, I wait for major news releases and then trade according to that. Although I must use my stop loss in case if there is a divergence but still the overall result is good if you only trade high impact news.
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 .
It seems to be a good strategy but I will suggest all the traders specially the newbies to practice this strategy first by trading in demo account and once you are sure about the same then trade with it in real account.
I am getting good results by trading the news, I wait for major news releases and then trade according to that. Although I must use my stop loss in case if there is a divergence but still the overall result is good if you only trade high impact news.
I keep track of nearest support and resistance levels and also act on prices moving towards major moving averages, even if these support or ressitance can be violated there are high chances of getting a reverse swing few times from those levels, these help me determine entry and exit points and make it easy for me to make faster profit.
My best strategy, at least until now, is to trade when the market is in low price and sell if the market is high. When do i know that the market is in the low price and in the high price? I use some indicator like Ichimoku Kinko Hyo, Moving Average, and CCI, and a help from pivot points and daily range.
I will say my strategy in writing: it is simple but you just apply it and after having carefully analyze all apply, so I put a line above the highest candle in the above prices and in also another below this candle and finally another line above the more basic and candle desous to another and you look at the difference of day and analyze them and in this case you can make your purchase and sale.
Strategy that we can utilize for success in forex exchange trading is actually best dependent on our success. The most profitable success that we would have would be with strategies that we can understand.
based on my experience, the best way to take profit from forex is trade on news will releases, because usually effect will move chart price are going to higher, up or down either, the rick to open position is about 10 or 15 minutes after the news appeared. so we can be read where price will move
Till now i have not got any profitable strategy, but testing the Median grid strategy with confidence to get good results. I do feel that News trading is profitable but i can do trading only in specific time hence i can not be at the terminal when the News release is scheduled.
If you're news trader then the best time to gain profits will be during news for sure. But if you like to scalp then it's not good
time to trade. So each trader will have different time to trade, your strategy should be adjusted with the right time to use it
so you can get maximum profits and minimize the losses.
I wanna know how could we trade with pivot point strategy? as if our candle close as above the pivot point then we have to buy and if it closes below the pivot point then we have to sell. am I right, plzzz explain me well as I am waiting for yours reply. I want to follow yours strategy plzzz.reply me soon as possible.
Strategies are varying from trader to trader I used to make a trade before a news release.It is not recommended hundred percent but you can earn some money.you can tell me your view with this.
for me i using the stchastic for the enter and the exit and the parbolic start too and slect my trand with the moving average 40 and the fractales in dicators i think that this ma best strategy and it work just in the 15m frame
I have profitable strategy of support and resistance with bollinger band RSI and fibonacci. This strategy work well for me if I follow strictly but if not follow well then loss can come. Strategy require me to look for strong support and resistance area and then use fibonacci to look for possible retracement. If market ride on news and strong trend then strategy only work for trading with trend.
There are many strategies in forex .i am use2 or 3 strategies for trading ,but most successful strategies is moving average.
i am select 5 and 10 both lines .when the lines crossed the trend is absolutely change and give you right direction.
strategy chahey jo merzi aap istemaal kerein lekin money management ka bhi khyaal rekhein, money management bhi ek strategy hoti hey mein her trade per pehlay tp 50% leta hun phir half trade close kerta hun or half ko breakeven per ley aata hun. is sey mera profit save rehta hey