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 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
HUM HONGE KAAMYAAB HUM HONGE KAAMYAAB EAK DINA
WE WILL BE SUCCESSFUL ONE DAY
NAAVU GEDDE GELTIVI ONDU DINA
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.
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