Solution for trading on Forex

Active traders have to agree with me, that trading on this day is not easy, especially if your life depends on the gains from trade. Several surviving hits that can be added to the toolbox for trading are as follows:

The following trends: This strategy is used by most trading firms and individuals. It is assumed that currency and securities, which are growing steadily, will continue to grow. Then they try to enter the market as traders Fibonacia called "Retracements" or "Pull Backs / Corrections". If a trader, who & # 39 is a follower of the trend, finds, or is aware of the market Trend is UP, it is only waiting for the price to correct or significantly reduced, and then join the Secondary Trend, before it resumes the upward movement. Trender-traders believe that in any market, there are three types of trend; primary or main tendency, and less tendency of the secondary or opposite tendency. Primary trend – is the main trend of the day, week or month, depending on whether, in what period of time a trader chooses bids, and that he believed his VALOZHNAY picture of the market, while the secondary trend – the restoration of the main trends of completed restoration or rollback after market . Small trend – a movement in the direction of canceling up, and then fall in prices becomes insignificant trend, and most times does not last as long as the main trend. Quite often we can see a slight trend that diverts as much 50% to 61.8% the previous movement of the main trend before skarektsyya correction.

Playing News: This strategy consists in buying or selling a currency or security of the country, which has just announced good news for the economy. An example is what happened in the third week of February 2009. Appropriations bill President Obama's stimulus has just been approved by Congress. The news of this event sparked a wave over the weekend that gave birth to the third week, and within a week the US dollar recorded several weekly highs against all major currencies in the world. It should be noted that the markets just went against all the technological forecasts of information in conjunction with other fundamental news, which were not favorable pound sterling and the euro. On the following websites you can get news from http://www.forexnews.com etc. Excellent strategy, you can learn how to profitably use your news when trading the news. This allows you to open the buying stop and sell stop orders for a few minutes before the start of an important news.

Trading range: with this strategy, a trader seeks to buy when the market moves in to support the level of resale zone and again sells in the range, when the market went into a zone perakuplennya on the level of resistance. Hezhery also use this if you are not sure that market.

Scalping: This is usually defined as a very quick trade. Scalper can simply operate in either 1 minute or 5 minutes – a frame takes only about 5 points to 10 points in a single transaction and concludes about 50 trades in a single trading day. The use of multiple and large lot sizes can make this strategy very useful, as well as risky.



Source by Abraham Itunnu