Forex and stock exchange trading strategies
Basic trading options for working on the foreign exchange and stock markets, which are necessary for successful trading of currencies, cryptocurrencies or securities.
The Forex strategies presented in this section have a detailed description and in most cases have been tested in practice.
Gold trading strategy for a beginner on the stock exchange
Today, there are simply a huge number of gold trading strategies, but almost all of them have one big drawback - the difficulty of using them for a novice investor.
Not long ago, a friend of mine turned to me for advice; he wanted to know how to make money trading gold, and what strategy is best to use?
Moreover, we were not talking about the banal investment of money in gold bars for an indefinite period, but about earning money over a short period of time.
The difficulty in answering the question was that my friend had never been involved in stock trading.
Pairs trading strategy in stock trading
Pairs trading is a fairly simple strategy that involves making a profit through the correlation of several assets.
That is, in stock trading the principle is used - if the price of one asset rises, then another asset that has a direct correlation will certainly rise in price.
The concept of pairs trading itself originated in the 1980s thanks to mathematicians and quant analysts at the investment bank Morgan Stanley.
Since then, the strategy has undergone significant changes and development, becoming accessible and attractive to a wide range of investors.
Today, pairs trading is one of the most popular strategies in the stock markets, due to its unique ability to minimize risks and stabilize profitability in any market conditions.
Copy strategy or whether you can blindly trust a trading guru
The saying that there is no need to reinvent the wheel is familiar to every person, and its postulate can be applied to stock trading.
That is, when trading on the stock exchange it is not at all necessary to invent your own unique strategy; to make a profit, it is quite enough to copy the actions of leading financiers.
The essence of this strategy is that as soon as information appears that one of the large investors has purchased shares of a particular company, you also make a similar transaction.
For example, Warren Buffett invested in securities of Japanese companies, you open a similar transaction in the hope of profit, because this man has made thousands of profitable transactions.
Shorting stocks or how to make money on uncovered trades
We are all accustomed to the fact that traditionally, making money on securities involves purchasing them and then selling them at a higher price.
But after the advent of contracts for difference (CFD Contract For Difference), it became possible to enter into unsecured sales transactions, including for securities.
Exchange trades for sale are often called short or short (short) trades, this allows you to immediately indicate the direction of the open position.
Shorting shares is when you sell securities without having them in stock, so to speak, borrow shares of a certain company from a broker, and an amount of collateral equal to the current value of the security is debited from your account.
A simple strategy using pending buy and sell limit orders
Trading using pending orders is one of the most common strategies.
In most cases, traders use buy and sell stop orders in their trading since they involve opening transactions along the trend.
At the same time, limit pending orders are not so popular due to the complexity of their application.
In reality, most traders simply have no idea in what cases to use this tool.
And calculating entry points in this case is quite complicated and requires some effort before placing a limit order.
Forex strategies on discount rates
It so happened that after 10 years of acquaintance with the foreign exchange market, I almost completely abandoned the use of overly complex trading options.
Practice has shown that the more components that should be taken into account when forming a strategy, the greater the likelihood that something will go wrong.
In addition, if you do not fully understand the essence of the forex trading strategy you are using, invented by someone else, this also does not add efficiency to your trading.
And the process of preparation, setup, testing sometimes completely discourages trading, at least for me.
Therefore, to make a profit, I almost always try to use the simplest Forex strategies that do not require lengthy preparation and deep knowledge.
Win-win strategies for trading Forex and more
Losing money on Forex is something that almost every novice trader faces.
And it’s good if you started with a small amount of one hundred or two hundred dollars, but if the deposit was tens of thousands.
After these losses, some people quit stock trading, while others begin to look for win-win strategies for making money on Forex.
But are there such options for earning money or is this just advertising of brokers and assurances of people selling their advisors?
Yes, indeed, there are strategies for trading on Forex on the stock exchange, which, with some reservations, can be called win-win.
These options do not completely eliminate losses, but reduce the likelihood of losses to almost zero.
Strategy for a cent account
After it became possible to trade in mini lots of 0.01 standard lots on Forex, the market became available to almost everyone, and after the appearance of cent accounts, everyone had the opportunity to trade.
A cent account allows you to open transactions from literally $1; in most cases, this account option is used to test new strategies.
To fully test a new trading option while reducing the risk of losses to a minimum, but in some cases, a cent account can also be used to make money.
What strategy should I use for a cent account in Forex?
Traders mainly choose cent accounts because they require much less money to get started.
Simple strategies used in Forex
Stock trading has always been positioned as something complex, something that seasoned professionals with Harvard or Stanford behind them do.
But in fact, there is a secret to success lies in what approach you use to make a profit.
You can create complex and cumbersome trading systems that are scary to look at, not only to trade them in practice.
Or you can use simple strategies that make Forex trading understandable and accessible even to a person with a secondary education.
In fact, there are quite a few such trading options and they are all very popular among most traders.
Even a newbie on the stock exchange can use them effectively.
Momentum Trading Strategy
Momentum trading is a short-term trading strategy that is actively used to make money on the stock market, and has recently found its application on Forex.
The principle used to open trades using this strategy is quite simple; it is based on non-standard price behavior.
This type of trading is often called impulse trading, since the investor needs to notice the appearance of an impulse and open an order in its direction.
The basis for opening positions here is not fundamental factors, as is usually customary in the stock market, but statistics on price behavior and technical analysis.
The strategy is quite difficult to use, so previously it was used only by fairly experienced traders.
Strategy "Foundation" - it's time to earn money!
Profitable Forex trading is impossible without a proven trading strategy. Most of the systems for making money that can be found freely available on the Internet turn out to be useless in practice.
The main reason for this is the imperfection of indicators as an analytical tool.
An effective strategy must be based on statistically proven results and fundamental analysis.
During the training process, fundamental analysis is mentioned for informational purposes.
Everything that novice traders know about it is limited to macroeconomic factors and the calendar of publications of significant events that can affect price fluctuations in exchange rates.
Mentors claim that for profitable and stable earnings it is enough to master several techniques of technical analysis and know the functionality of standard oscillators.
Fork strategy for Forex
One of the most important mistakes among beginners at the stage of building strategies is going to extremes.
This is expressed in the fact that they adhere to one type of analysis and completely forget about the advantages of another, which undoubtedly leads to the fact that the strategy consists either of technical indicators alone or entirely of graphic patterns.
However, the market is not so simple and straightforward that it is so easy to predict it, so more experienced participants use several types of strategies in their trading.
Or they use strategies that are actually built on a symbiosis of technical and graphical analysis.
You can become familiar with one of these strategies as you read this article. The “Fork” strategy is a unique trading technique designed to make a profit when trading in the direction of the global trend on pullbacks.
Nahuatl strategy
Any trader in the trading process can take two paths: trade with the trend, and as a result follow the crowd, or trade against the market in order to find a turning point.
Both options for this Forex strategy are quite common, each option has its own disadvantages and advantages.
For example, when working against the market, you must have nerves of iron and a huge deposit reserve.
Therefore, among traders there is an unspoken rule to always follow the trend, since this path to making a profit has the least resistance.
However, trading with the trend is not as simple as it might seem at first glance.
Victor Niederhoffer's strategy
Many people have achieved success simply because they were in the right place at the right time, they successfully took advantage of the stock market rally and were able to make a fortune from it.
However, not all of them were able to survive the test of the crisis; the quickly earned fortune was lost at no less speed.
It is the ability of a person to work on his mistakes that is the very engine of progress that allows a trader to progress very quickly.
However, if fools learn only from their mistakes, then smart people study the mistakes and advice of more experienced people.
In this article you will learn the basic principles of a strategy that allows you to make money on Forex and other markets.
Tips and trading rules from Victor Niederhoffer
Victor Niederhoffer was one of the most flexible traders who effectively used both technical analysis to make short-term transactions and fundamental investments.
Forex Profit Strategy
Following the trend remains the highest priority for almost every trader. It is a uniquely directional market, which is also commonly called a trend market, that can bring very high profitability to all traders who take its direction.
However, despite understanding the meaning of a trend and what it is used for, most traders experience enormous difficulties in defining it, as well as finding an entry point.
It is for such purposes that it is customary to use trend indicators, which with a small delay, but unambiguously determine the direction of the market.
The Forex Profit strategy is a trend tactic that is based on two trend indicators, such as Moving Average and Parabolic Sar, and is intended for trading on any currency pairs.
The specificity of trend strategies is that they perform well only on higher time frames, however, Forex Profit can also be used on the minute chart after minimal changes in the indicator settings.
Trading from Michael Marcus. The Golden Rules of a Great Investor
How many people do you know who have been successful in the financial markets? How confident are you that their words are backed up not just by words, but by real results?
Then a completely logical question arises, if you have practically never met such people, why do you trust advertising and stories about easy money, believe various analysts, and even follow their advice?
Michael Marcus, a famous trader and investor who managed to turn $30,000 into $80 million, addressed similar questions to reporters during an interview.
The advice and strategy of a practicing trader such as Michael Marcus carries a real and necessary information load, thanks to which almost any beginner can learn something important for himself.
In this article we will look at the key rules and basic principles on which Mile Marcus based his Forex trading strategies.
A simple Forex strategy based on correlation: what were brokers hiding from us?
In online trading terminology, the concept of “correlation” means the relationship in the pricing of financial instruments.
There is a well-known strategy for making money on spread differences, which is based on correlation.
When collaborating with reliable brokers who provide access to interbank liquidity, the difference between the purchase/sale prices of an asset (Bit/Ask) is always floating.
During periods of high liquidity (publication of macroeconomic data), the spread widens, and during periods of moderate liquidity, it stabilizes.
Variable liquidity is caused by the predominance of demand over supply.
Strategy for Moving Average “Fan”
Moving averages or the correct name Moving average are the very first technical indicator that was created specifically for an objective assessment of price movement by averaging its value over a certain period in order to cut out market noise.
Thanks to simple averaging traders were able to achieve a better definition of the trend, and as a result, its reversal.
It is this simple indicator that has become the basis for many other technical analysis tools, not to mention trend strategies, of which there can be hundreds and all of them have a right to exist.
However, for many to this day it remains a mystery which Moving Average periods are optimal for trading, because each period has its own unique information content, taking into account one or another level of market noise.
In fact, there is no clear answer to this question, but at the same time, the practice of using several moving averages with different periods at the same time is very widespread.
John Templeton Trading Strategy
If we list by surname the legendary personalities of that era who were able to create huge fortunes, we can include John Templeton.
It was this man who believed in the market at a time when all traders were only short-sellers, for which he was rewarded with his first million.
The most interesting thing is that John Templeton cannot be called a trader in the classical sense of the word, because the principles of his trading and decision-making are more similar to the behavior of a classic investor.
In this article you will get acquainted with the key rules and strategies that became the basis for the future state.
John Templeton's Investment Strategies and Principles
1) Diversification of risk in all possible variationsJohn Templeton, unlike many traders and investors, masterfully manages his risks through diversification.
Indicatorless strategy Inside Bar, your opinion
The use of candlestick patterns, price action and a complete refusal to use indicator-based Forex strategies is considered to be the highest point of professionalism among novice traders.
Of course, abandoning the so-called crutches allows us to significantly overcome the situation regarding the delay of signals.
After all, the entire trading process centers around price patterns, and not secondary indicator tools, which in most cases are lagging.
However, in most cases, one entry point is far from sufficient, since sometimes it is not the point at which the trade was opened that is important, but how competently the trader can exit the position, whether he can get all the profit from the price movement or immediately complete the trade.
Thus, the effectiveness of price action is greatly exaggerated.
Lewis Borsellino strategy, effective use of technical analysis.
Famous stock market traders such as Lewis Borsellino have left a huge legacy for the next generation of traders in the form of their books.
The books describe in detail the technical techniques that the trader used to achieve his goals.
Lewis Borsellino argues that there are no identical trading days, since they are all different, and as a result, the tools needed for its analysis are completely different.
In this article we will look at the techniques and strategy that Lewis Borsellino used in practice.
Trading Algorithm
It may seem surprising to many, but Lewis Borsellino is an outspoken proponent of technical analysis; moreover, he was one of the first intraday traders to trade in the so-called “Pit” of the stock exchange.
Nonfarm Payrolls Strategy
Fundamental analysis, which is extremely popular among traders trading stocks and other securities on the stock exchange, has given in to well-founded criticism from traders in the foreign exchange market.
This is primarily due to the fact that the impact of financial reporting on the price of one individual share simply cannot be compared with the impact of certain news on the exchange rate of the national currency of an entire state.
Unfortunately, fundamental analysis in the Forex market turned out to be less effective, since the stability of the exchange rate depends largely not only on economic indicators, but on the competent policy of the central bank and political leadership.
However, for successful trading there is no need to be strictly tied to a specific scenario, since the very fact of the appearance of a price impulse at a certain time, as well as a sharply increased liquidity, can be an excellent opportunity to implement any impulse trading strategy.
Actually, in this article you will get acquainted with one of these impulse strategies, which allows you to make money on such news as Nonfarm Payrolls.
The Nonfarm Payrolls strategy is a momentum trading strategy based on fundamental analysis, namely on the basis of such a key macroeconomic indicator of the US economy as Nonfarm Payrolls.
George Lane Trading Strategy
The biography of any successful trader is full of curiosities and interesting moments that completely predetermined his life.
This probably happens to every extraordinary person, because you must admit that achieving such enormous heights and financial position is not given to ordinary people.
George Lane, his fate would have turned out differently if he had not accidentally ended up on the stock exchange.
A simple student, dreaming of continuing the family dynasty of doctors, suddenly gave up everything and became a trader.
However, while almost everyone can get acquainted with his biography, there is practically no information about his trading strategy, money management models and actually working techniques.
Ask why? Yes, because his strategies for Forex are banal and simple, moreover, many of you involuntarily applied them in real trading.
Trend Lines Strategy
Many novice traders, after studying graphical and technical analysis, usually come to build their own trading strategies for Forex based on indicators.
The knowledge gained from graphical analysis about support and resistance levels, as well as trend lines, instantly disappears from their heads, and if technical analysis is used, it is chaotic and unsystematic.
The fact is that a person is inclined to trust something or someone more than simple things and himself.
Thus, support and resistance levels, as well as trend lines, at first glance are simpler and more effective, but traders still prefer complex indicator systems.
There is an opinion that graphical analysis on Forex has not worked for many years. However, in reality, almost no one approaches level analysis systematically, and only in rare cases does graphical analysis become a system with a number of clear rules and requirements.
Tudor Jones strategy. Basic King Moves
The biography of Tudor Jones excites many minds and hearts to this day, because it was he who was able to make money during periods when the market was in panic and depression.
His investment fund gave 60 percent of its annual interest to investors when most could not overcome the bank profitability threshold.
The life path of this manager, who dropped out of school and completely devoted himself to the career of a trader, simply cannot help but surprise or motivate him to take action.
However, let's be honest, the lyrics are lyrics, but a real trader should not be interested in the success story, but in what practical techniques he used that helped him achieve success.
So, in this article you will learn the basic techniques and strategy used by the king of financial markets, Tudor Jones.
Practical tips and tricks used by Tudor Jones
If you study most of Jones’s own statements, you may get the impression that he is practically a non-systematic trader, and his trading style is more reminiscent of improvisation based on market conditions.
“Session Closing” or “Daily Closing” Strategy
To successfully trade on the Forex market, you need to understand that after a position has already been opened, practically nothing depends on the trader, because the decision has already been made and you just need to wait for the result.
Yes, the reality is that we do not control the market, but we can only follow it and not succumb to its provocations, controlling our emotional state!
However, in practice, traders do not realize this and, instead of starting to fight with themselves, they begin to trade intraday, scalp and use very small time frames.
Such preferences of beginners are caused primarily by the desire to control the market, because by constantly opening positions and immediately closing them, that same feeling of control appears.
In practice, a larger number of bars has nothing to do with the quality of the signals, because the overwhelming number of them is nothing more than price noise that distracts your attention from the real signals.
Strategy for trading at the European Forex session
The impact of trading sessions in the Forex market on the profitability and effectiveness of strategies simply cannot be underestimated.
Thus, many traders, and especially novice scalpers, make two fatal mistakes - they trade the wrong asset at the wrong time.
As a result, instead of observing an active market response to the received signal, the trader sees a very sluggish market.
Naturally, in conditions when the price practically does not move and enters a deep flat, it is simply impossible to trade effectively due to the fact that the probability of losses increases significantly.
At the same time, traders who pay attention to only one trading session, which marks the peak of market activity for the selected currency pair, receive simply phenomenal profitability, since they do not waste their time and effort on inactive parts of the market.
In fact, one of the most active trading sessions for major currency pairs is the European one, and in this article we will look at a very simple scalping strategy, which is designed specifically for this time period.
Strategy on bars. A simple method of market analysis from John Benjamin
Human psychology is structured in such a way that as soon as we talk about big money, it is associated with work of enormous complexity.
Therefore, most traders approach the choice of strategy according to the principle - the more complex the strategy, the more money it can bring.
Such a distorted perception of reality leads to the fact that a newcomer who comes to the stock exchange immediately begins to drown in the mass of unnecessary things, which simply cannot be absorbed without professional knowledge and experience.
Therefore, whether you are an experienced market participant or just starting your journey as a trader, you need to remember a simple truth - the simpler the strategy, the more profitable and resilient it will be to sudden market changes.
The Bar Trading Strategy is a simple three-bar pattern trading strategy that was first published and widely promoted by renowned stock market analyst John Benjamin, who has over nine years of stock trading experience.
Binario strategy. Breakout of the moving average channel
Forex trend strategies can provide huge potential profits with minimal risks.
This is very difficult to achieve when trading flat or scalping , where the profit-to-risk ratio is usually one to one.
The disadvantage of such strategies is the rare occurrence of signals, which are very easy to miss after leaving the workplace for a few minutes.
The only way to solve such situations is to stop using market orders and build tactics based on pending ones, which will be executed at any time by your broker without your participation.
The Binario strategy is a trend breakout technique based on moving averages, and the breakout is fixed and a deal is opened thanks to pre-set multidirectional pending orders.
DiNapoli's strategy.
The overwhelming number of traders are very biased towards trading options from the long past, because they are confident that the markets have changed a lot, and the tactics that were relevant 10-20 years ago are incapable of generating profit in today's realities.
Of course, there is a rational grain in this statement, but if you look at most modern Forex trading strategies, you will see that they are based on the same old indicators, which are slightly modified.
Therefore, it is quite stupid to write off strategies that have crossed the ten-year threshold, especially if they were able to bring huge profits to someone.
One of these strategies, which we will look at in this article, was created by John Dinapoli, a famous trader with more than thirty years of trading experience.
It is worth noting that John DiNapoli described many approaches and signals for entering the market in his book, and DiNapoli’s strategy in question is only one of them.
Another Simple System Strategy
In the process of trading using any trading strategy, it is very important to correctly determine the current market trend, and only then consider opening signals in its direction.
Many traders underestimate the importance of determining the global trend, although in fact even those impulse strategies, one way or another, focus on the global price movement.
What a little detail, even if we consider it from a mathematical point of view, namely, taking the theory of probability, then the chance of making a profit by following the price is an order of magnitude higher than if you take a position against it.
This is why trend strategies are a working tool in the Forex market, despite the fact that markets change and some indicators may become obsolete.
Strategy of V. Barishpolts - “Surfing”
Viktor Barishpolets is one of the most scandalous post-Soviet traders who, at the peak of his popularity in 2007, closed his open hedge fund and ran away with a huge pile of money.
Victor gained trust thanks to his own openness, namely, almost all investors knew which accounts were being traded and, most importantly, what strategy was being used.
Victor sent out a weekly newsletter in which he shared trading tactics and trained his own investors.
The most interesting thing is that the person actually traded on Forex and anyone could get acquainted with the statistics of his trading in real-time mode.
In his last letter, Victor mentioned that the Forex fund was beginning to go beyond the law, since there was no such accounting for paying taxes, and the rapid influx of people wishing to invest in it only brought its demise closer.
Forex Eyes Divegence Strategy
Following the global trend allows the trader to always stay afloat and be content with little, since, as a rule, it is possible to determine the trend only at the very end of the trend.
Millions of traders were able to make money just by following the crowd, but only those who predicted the reversal and entered the trade first became truly rich.
Finding turning points in Forex is the most dangerous and at the same time the most profitable business, since by opening a position before the start of a new trend, you do not always guess the entry time.
The Forex Eyes Divegence strategy is a special indicator strategy that incorporates two reversal indicators
Namely, a forecasting eye for Forex and the divergence of the MACD indicator.
Strategy Sidus Method
Trend trading requires the trader to be able to clearly determine the trend in the market, however, knowledge of one direction in practice is not enough.
The fact is that the presence of a global trend does not guarantee you sustainable movement, since any global trend consists of micro trends.
Moreover, a change in microtrends, as a rule, is accompanied by a kind of accumulation and inhibition of prices, during which it is unknown which category of traders will be in the majority and push the market.
That is why price exit from consolidation in the direction of the global trend is one of the strongest signals of any trend strategy on Forex, since the price very quickly reaches its goal.
Cash Cow trading strategy
It is no secret that technical analysis, one way or another, is built on various Patterns. Many people mistakenly believe that patterns only exist during analysis. candlestick chart, However, this is not the case.
In fact, a pattern is a kind of regularity that has been repeated many times in history.
That is why the intersection of moving averages, the breakdown of support and resistance levels, and entry into the market from the oscillator is pattern trading.
Actually, to be honest, a pattern is an ordinary statistic that we record and work on every day.
However, there is one unspoken rule among traders that has been confirmed by time.
Trading strategy using the TRO MultiPair indicator
Determining the trend is the most important task of any trader trading on the trading platform or Forex.
However, each exchange player often sees the direction of the trend in his own way, since for some on the minute chart the sequence of rising candles indicates an upward trend,
And for another, this segment may be the shadow of one of the downward candles on the hourly chart.
Actually, a completely logical question arises: who exactly is right and how did they correctly determine the trend?
Strategy on the sma indicator
A simple moving average is one of the most effective technical analysis tools, with the help of which most traders determine both the direction of the trend and the entry points into the market.
It is the moving average that is one of the oldest indicators of technical analysis and is used on almost all possible exchanges.
Naturally, sma as a separate tool cannot show the efficiency that a trader is supposed to get from it.
The fact is that despite the versatility of SMA, this tool is not able to cover all the subtleties of market volatility, so a strategy on the sma indicator with the use of additional filters is the optimal solution.
Impulse trading strategy.
The impulse trading strategy is the simplest and at the same time one of the most effective approaches to trading in financial markets.
Trading on market impulses comes down to buying growing assets and at the same time selling falling ones.
By the way, a trader using an impulse strategy never gets into the essence of what happened, because they seem to float with the flow, chasing the wave-like movements of the market.
Reasons for the profitability of momentum strategies
To understand in which direction the purchase or sale is taking place, statistics are raised, namely, an analysis of a certain historical period is carried out in order to understand by what percentage the deviation occurs and what the trend of the asset is at this stage.
ema strategy
The exponential moving average is one of the most effective trend indicators. EMA is one of the oldest indicators of technical analysis, which was used not only on the stock and commodity exchanges, but is also successfully used to this day in the Forex market and even when trading binary options.
This tool has become the basis for building a million different trading strategies, and its multitasking allows it to be used under any market conditions.
However, ema is primarily intended for trend analysis, so strategies based on it are usually of a trend nature.
The ema strategy is one of the most common trend trading tactics, which is based only on moving averages and no other technical analysis indicators.
Trading strategy "Sniper"
The Sniper trading strategy is considered one of the most popular purchasing trading strategies in recent years in the Russian-speaking segment.
This tactic was invented by a certain Pavel Dmitriev, who positions himself as an established trader; according to him, this type of exchange trading is effective even when used by a novice trader.
Genesis Matrix Strategy
Scalping , as a trading style, involves the use of special trading tactics that are aimed at working with market noise.
There are simply a huge number of strategies on the network that are called scalping, but only a few are such.
Unfortunately, applying any trading tactic on a five-minute chart is far from scalping, and when we do this, we are wishful thinking.
Thus, no matter how much you look for real working tools purely for scalping, you will stumble upon the same rake in the form of losses for a very long time.
The Genesis Matrix strategy is one of the most popular trading tactics, which almost every experienced scalper knows about.
Previously, when the strategy first appeared among the masses, there was simply a huge buzz from quite enthusiastic reviews on various platforms.
Algorithmic Strategies
Based on the latest data, half of the trading volume of US stocks on the stock exchange is accounted for by algorithmic trading.
Today, thanks to algorithms, millions of transactions are made on the stock exchange and forex market using ready-made algorithms that can completely replace a person.
It is worth noting that with the help of specialized programs, traders have achieved tremendous speed in opening and closing orders, which has led to the development of high-frequency trading.
History of the development of algorithmic trading
It is no secret that before the 1970s, trading on the stock exchange took place like an auction, where crowds of traders gathered on specialized platforms, paying for a place and, practically speaking, carrying out their transactions.
Moving average strategy
Everyone has heard of the famous stock exchange saying that the trend is your friend. However, determining the direction of the trend and performing operations only on it is one of the most difficult tasks for every beginner.
In order to determine a trend in Forex, you need to use various trend tools, and if you want to build truly effective trading tactics, then you simply need to include trend indicators in your strategy set.
The moving average strategy is a trading tactic that is based on the most popular trend technical indicator Moving Average .
It is no secret that moving averages are the best ones to clearly display the current trend in the market, timely show entry points into the market, and also state the intended market reversal. The moving average strategy, which we will try to analyze in this article, uses three moving averages that show the entry point into the market, cut off false signals, and allow us to determine the global trend.
Martingale strategy in binary options
Martingale is one of the most popular money management methods, which is
actively used in the Forex market and stock exchange when trading almost any trading instrument.
Yes, the martingale is considered the most dangerous trading tactic, but at the same time the most profitable, and the trader using it receives virtually no psychological stress due to the absence of losses.
But is it? Does the most popular money management method work for beginners in the binary options market?
So, let's look at this issue in more detail and try to build a clear picture of the application of the martingale strategy in binary options.
Spread trading strategy
Every beginner or outsider, having heard the word exchange and trading, implies
the purchase or sale of a certain asset in order to make money on the difference in prices.
Actually, every trader who has never heard of trading on spreads conducts exactly this kind of trading in the classical sense, where he tries to buy or sell an asset in order to make money on its intraday movement.
Simply put, for 90 percent of traders, the trading process comes down to mere speculation. However, it is speculative trading on one asset that is considered the riskiest method and approach when working on the stock exchange.
After all, everything is quite simple, if you entered a buy position and the price went up 100 points, you earned money, and if the price went down, you lost those 100 points.
RSI strategy
The RSI indicator is one of the most popular oscillators, which is used by almost all
traders.
The abundance of trading signals, such as selling and buying in overbought and oversold zones, breakout of the average level and divergence, allows you to use the indicator even alone.
However, as practice shows, in independent navigation, RSI is very weak in trending markets, therefore, in order to enhance the effectiveness of this tool, it is most often used with additional trend indicators.
The RSI strategy is a universal trend strategy based on the most popular RSI oscillator.
Gann & Price Action strategy - trading using signals
Many financial websites, including brokers, actively disseminate forecasts for the near-
term movement of certain currency pairs , futures or CFDs.
For brokers, forecasts are another way to attract clients, as well as a way to improve their own reputation.
However, despite the true purpose of the signal source, for a trader, signals from a broker are an excellent chance to look at the professional opinion of their colleagues, and according to some forecasts, you can not only correct your opinion, but also benefit from using them in your trading.
The FreshForex company, like other brokers, also offers to use its service and receive signals directly to your email completely free of charge.
Minute MAX MACD strategy
Scalping strategies, compared to other trading tactics, allow you to achieve increased profitability in a short period of time.
Moreover, with proper money management, as a rule, the risk per position in points is so minimal that if you used a trend strategy and received one stop order of 60 points, then when scalping you would have to allow 4-6 losing trades in a row, which would receive the same losses.
Such increased profitability is achieved by capturing any micro movements that can only be observed on the minute chart.
The minute strategy, like no other, requires the full presence of the trader and very cold-blooded trading tactics.
Fibonacci strategy. Combination of Fibonacci fan and MACD
The Italian mathematician Fibonacci made an invaluable contribution to the development of technical
analysis and helped more than one generation of traders achieve success with his tools.
Tools such as Fibonacci lines, arcs, zones, as well as fans are integral parts of many trading strategies.
The magical effect of these numbers and the processing of signals shatters into smithereens all the statements of traders who use fundamental analysis about the ineffectiveness of technical analysis.
The Fibonacci strategy that we want to offer you today is based on the Fibonacci fan and MACD .
For some reason, the fan is not particularly popular among traders, since some beginners have difficulty constructing this tool, as well as interpreting trading signals.
Breakout Forex strategy
Trading sessions in the Forex market are one of the most important elements, thanks to which the market operates around the clock.
The thing is that each trading session is tied to a specific region where a large exchange platform is located.
Thus, when a session closes in one region, it immediately begins in another. Depending on your geographic location, you can also observe surges in activity on certain trading instruments.
So, for example, quotes of the American dollar move very actively during the American trading session , the European currency is active during the European trading session.
And Asian currencies such as the Japanese yen are active during the Asian trading session.
Strategy on pullbacks
Any strong trend movement sooner or later runs into some kind of support and
resistance levels, as a result of which we can see a short-term price reversal.
In the language of traders, this situation is called a “Rollback”, since the price rolls back a certain distance from the global trend, and then begins to move back towards the global trend.
There is an opinion that rollbacks are specially created by large players in order to disrupt the maximum stop orders of naive players.
Probably, no one knows the truth, but if you think about it logically, rollbacks are most often formed due to positive news against the backdrop of a strong deterioration in the economy as a whole, or vice versa, because it’s not for nothing that sooner or later another rollback develops into a new trend.
Forex indicator strategy “Trend trix Cycle”
The use of technical analysis is one of the main areas of trading within day
trading.
Thanks to the combination of technical indicators, a trader has the opportunity to create his own trading strategies, taking into account the pros and cons of each of the elements; their competent combination allows you to build your trading in a systematic way, and not into chaotic transactions without any basis for action.
The Forex indicator strategy “Trend trix Cycle” allows you to trade on any currency pair, since thanks to the combination of a trend indicator and a number of oscillators, the strategy becomes universal and unpretentious to a specific instrument.
Futures strategy
Forex traders have developed a number of certain myths around futures trading, mainly due to a lack of
understanding of the essence of this contract.
For example, some claim that only fundamental analysis works when trading futures, others claim that only technical analysis, and there is a category of traders for whom futures are something out of science fiction, and they have no idea what tools really work here.
A futures is a contract that obliges the supplier to sell a product at a predetermined price at a certain time, and the buyer to buy back the product at a certain time at a predetermined price.
Let's say you assume that in a month the euro exchange rate will jump, so you decide to enter into a futures contract at the current price in order to receive your euros in a month at the current price, and not at the one that might be.
Trading using Martingale
The fear of losing money and uncomfortable tension constantly haunts traders when trading systematically.
For a normal trading strategy, getting five losing trades in a row is the usual norm, but such a series of losses puts strong psychological pressure on the trader.
Therefore, traders are always looking for a kind of Grail that would allow them to always get away with it, despite the wrong chosen direction of the transaction.
To avoid losses and psychological stress, martingale money management was adapted from gambling to stock markets.
Swing trading strategy
As you expand your circle of communication with traders, you come to the conclusion that for some unknown reason everyone likes to complicate their
lives. Yes, exactly life and all because everyone constantly creates complex indicator trading systems, does not leave the monitor for days, and their entire personal life turns into a stock exchange game, where there is no time even for loved ones.
And everything would be fine, but with such an approach, success is also invisible, because constantly chasing after every item from the market, you will always be haunted by a series of mistakes, unforeseen losses due to your emotional state and strong psychological stress.
Swing trading is a special trading tactic in which all work is carried out on daily and weekly charts, and its main task is to take profits along the main trend and ignore intraday price fluctuations.
On average, one trade of a swing trader lasts for at least three days, and the main law of the strategy is to let profits grow, since the main trend is not as easy to change as it seems.
Bollinger Strategy
We have all seen many times how Bollinger Bands are used in various trading strategies.
The tool is so versatile and gives such a large number of signals that it can be used by both scalpers and pip traders, as well as traders using swing trading .
I decided not to focus on the historical nuances and general properties of the indicator, since the general provisions were written earlier in the Bollinger Bands article, so let’s get straight to the point.
If you take the time to get acquainted with the book “Bollinger on Bollinger Bands”, you will be faced with the fact that even the author himself does not give clear recommendations on when to enter a buy or sell position.
John Bollinger gives nothing more than recommendations for its use, and how exactly to use the indicator from all the variations of signals is up to you, depending on your style and the situation on the market.
Carry trade strategy
Many of you, when familiarizing yourself with currency pairs and trading tactics, have repeatedly
heard such an expression as Carry trade, but there is very little sensible information about this trading tactic on the Internet.
The fact is that Carry means a fee for providing a certain service. So, for example, if you were trading in the commodity market, you would pay Carry for holding your goods in a warehouse, and in the case of shares, you pay the holder of your shares.
In the foreign exchange market, Carry is charged by the broker for holding a position for the next day, so sometimes when you look at data on open transactions in your trading terminal, you may see a negative or positive value in the Swap column.
Efficiency of trading on news
There is a lot of discussion and speculation around the effectiveness of news trading, and I haven’t really come across any sensible
arguments regarding the effectiveness or unprofitability of this approach.
As a rule, beginners show examples of how the news did not work itself out, more experienced participants argue that it should not have affected the market, while others are generally categorical about trading on news and profess only technical analysis.
Therefore, if you take the path of applying fundamental analysis in your trading, no one will give you a definite answer whether macroeconomic news affects the Forex market or not, much less whether they can be effectively applied in your trading.
On the website, in the fundamental analysis section, you can find a description of various news, as well as how they can affect a certain currency pair.
Trading strategy “Super scalper in the channel”.
Everyone knows that scalping is an extremely profitable trading tactic.
Ensuring successful execution of transactions while having a small stop is the basic rule of a successful scalper. However, in order to ensure profitable trading over a long period of time and have a balanced and lightning-fast reaction to any price fluctuation, you need to adhere to clear rules of the trading strategy.
The “Super Scalper in a Channel” trading strategy is a scalping trading strategy, and the scalping process itself takes place in a narrow channel, so the strategy can also be defined as a channel one.
It is used on any currency pair, but especially shows itself on the euro/dollar, pound/dollar, and Australian/dollar pairs. Trading is carried out on a minute chart, but if you see that the candles have a poor structure, namely they are poorly formed, I recommend switching to a five-minute chart.
Trading strategy 4H Box Breakout
The success of trading largely depends on the chosen trading strategy.
However, as practice shows, most of them require the trader to stay at the computer around the clock, monitoring indicator readings, as well as a flexible and lightning-fast reaction to the release of any economic readings.
But what should an ordinary person who has a family, a job, a business do? Not all of us live by trading, and the high stability of such earnings can be debated for a long time.
Unfortunately, there are a lot of myths around trading on the stock exchange that money is easy, there is no dependence on the employer, and you are left to your own devices and have complete independence.
In theory, this is true, but in reality, a successful trader spends more time at his desk than any of you would spend in an office in your life. Not to mention the psychological stress and insomnia that can torment you at night due to the fact that you may lose money.
Trading strategy 3 Bar Buy/Low Set Up
Traders often choose one specific method of market analysis, be it indicators or candlestick analysis, volume or other approaches.
But as practice shows, using one type of analysis is not enough, so most strategies consist of several indicators, which in turn try to cover each other’s weaknesses.
In today's article I would like to tell you about a combined trading strategy for Forex that includes both indicators and the use of Japanese candlestick analysis . No, of course, you won’t see any complex patterns, but you will learn how you can build a unique profitable trading system with a simple combination of candles and a couple of standard indicators.
The 3 Bar Buy/Low Set Up trading strategy is based on two standard ADX trend indicators with a period of 14, a moving average with a period of 50. Before starting work, turn on any time frame on any currency pair, but preferably from n1 and switch the chart type to candlestick.
You can trade any pairs, so the choice of pair is yours, but as you know, candlestick models and candlestick analysis remain relevant on any pair and on any time frame.
Strategy Japanese candlesticks are the Grail that people don’t want to notice.
Every day, traders are trying to find new schemes for making a profit on the stock exchange, assuming that the secret lies in them.
Various indicators,
Forex trading strategies, advisors, mathematical models and simply intuition, all of this is quite small for trading successfully.
Sometimes new sophisticated methods simply don’t fit into your head, and what’s even worse is that these would-be inventors create trading schools and try to teach you how to trade, not to mention the money and time you waste.
Having worked in the market for a long time and used a bunch of technical analysis methods, I understood one, but the most important and simple truth.
No indicator or trading strategy can give me more information about the state of the market than the price and its chart.
Folding Meter Strategy
Greetings dear visitors.
Many of you sooner or later come to the conclusion that searching for a trend reversal point is one of the best ways to make money on the stock exchange.
Another important fact is that finding the turning point in a timely manner will help you always exit the position on time without losing your own profit.
On various resources you can find various indicators, the main task of which is to search for such points.
But, unfortunately, as a rule, all these indicators give unprofitable signals that are in no way related to the price reversal.
Today I would like to introduce you to a well-known pattern called “Folding Meter”, which is based on technical analysis .
Trading strategy "Forex Smart"
The success of a trading strategy largely depends on the volatility of the currency pair.
Anyone who has tried to trade on small time frames has noticed that the price, before going in the direction we need, manages to turn around two or three times and at the same time break all the stops.
This is due to the high volatility of the asset, which, unfortunately, we cannot influence in any way.
The Forex Smart trading strategy suggests that we avoid such unexpected price jumps by trading on a four-hour chart.
It’s not for nothing that most pros trade on daily and four-hour charts, since on such time frames the volatility is much lower, and you won’t encounter any market noise like that.
Minimum (maximum) breakout strategy.
Most analysts believe that if the price overcomes yesterday's minimum or maximum, then with a high probability this movement
will continue for some time.
The main thing is to create the right trading system, which will guarantee you a profit; this is not as difficult as it seems.
True, one of the disadvantages will be the infrequent opening of transactions, because a breakout of extremes does not happen every day, which means that the conditions for opening a transaction may not arise.
Trading is carried out using pending orders, the principles of placing which are quite simple, the main thing is to place the stops correctly.
The best forex strategies.
During my trading career on the currency exchange, I have tried a lot of different trading systems and
now, I would like to highlight the best Forex strategies.
All of them have one common feature - they provide profit, although each of the options differs in the complexity of application and the level of profit received, so we will dwell on them in more detail.
As in any other business, the choice of a Forex trading strategy should be made taking into account your personal character traits, for example, choleric people are not recommended to trade on long-term time intervals; they will still close the deal before the scheduled date.
And so let’s move on to the review and description of the most profitable trading options.
Trading strategy Parabolic on moving averages.
Using the Parabolic Sar indicator in any Forex trading strategy always solves many problems that so often
arise when drawing up your own work scheme.
Indeed, it’s not for nothing that many traders call the Parabolic indicator a trend guide, because using it you will never go against the market, and you will also have fewer problems with setting stop orders.
Due to its multitasking and functionality, it is used in various trading strategies and advisors. Today I will introduce you to one of these trading strategies.
The Parabolic trading strategy on moving averages is trend-based, and is based on standard technical indicators of the Meta Trader 4 trading platform. This system is used on the euro/dollar, pound/dollar currency pairs, as well as on everyone’s favorite gold.
Fisher trading strategy
Strict adherence to the Forex trading strategy, as well as the rules of money management, are the unshakable rules of trading, without which not a single market participant has yet become successful.
The Fisher trading strategy is one of the most common in trading on the foreign exchange market.
It is based on the well-known Fisher oscillator, which in turn has been used by traders for many years.
There is always a lot of discussion around this indicator, since it is prone to redrawing. However, if you have ever worked with any oscillator, you would have noticed that its readings change as quickly as the price moves.
Therefore, this disadvantage is at the same time an advantage since your signals will always be relevant, and you can clearly see any deviation from the indicator readings.
The “Traffic Light” trading strategy is a trading classic.
Greetings dear visitors.
Today I would like to introduce you to one of the most popular trading strategies with which most beginners so enthusiastically begin their journey.
Traffic light is an indicator multicurrency trading system for trading on four-hour and daily charts.
There are a lot of modifications of this system on the network, since each trader begins to find some flaws and tries to patch these holes, but the framework and backbone of the strategy remains unchanged.
I have seen a lot of examples when “Traffic Light” is used on small time frames, but I cannot say that it is quite successful, since for scalping on a five-minute chart it is necessary to change the indicator settings.
Trading EURUSD, how to make money on this currency pair.
The two currencies that form this trading tool give it enormous popularity, since it is in them that
most transactions are made on the Forex and domestic foreign exchange markets.
Trading the EURUSD currency pair is quite complex and has a lot of features, this is due to the fact that the exchange rate of the Euro and the American dollar is not stable; a lot of news comes out during the day causing it to change, which interferes with stable trading.
But after analyzing the behavior of a given currency pair for a month, you can create your own Forex strategies.
Taking into account the features of EURUSD, it is realistic to choose two trading options:
Intraday Forex strategies.
Most traders prefer to maintain transactions exclusively within one day; the popularity of intraday
Forex strategies is due to a lot of positive aspects that significantly affect the probable size of profit.
The main advantages of such trading are described in the material “ Intraday trading on Forex ”.
Intraday strategies are Forex trading schemes in which the opening and closing of an order is limited to one calendar date, that is, a deal opened today is closed before the end of the day.
You can use quite a large number of strategies for this type of trading; below we will talk about the most effective and popular of them. And also about important aspects of intraday trading.
Averaging strategy.
Trend movement is a curved line in which segments in the direction of the main trend are trend
movements, and segments in the opposite direction are corrections.
It is this feature of the trend that formed the basis of the averaging strategy on Forex; it is quite simple, like most effective trading systems.
The averaging strategy consists of opening additional positions when a trend correction is detected and thus obtaining additional profit.
For greater efficiency and to eliminate errors, this trading option uses both technical and fundamental analysis.
Strategy for the lazy trader.
This trading option was developed for the stock market, but if desired, you can adapt it for Forex trading.
The strategy for the lazy trader assumes the presence of fairly substantial capital and virtually no use of leverage.
You also need a Forex dealing center that supports long-term trading, since a deal can last from several days to several weeks.
The essence of the Forex strategy itself is quite simple, first we select several popular currency pairs for which the price level is at the lowest or highest level.
Trading on cent accounts
As you know, for Forex trading there are not only regular accounts, but also cent accounts, the
currency of which is a cent, a unit that is 100 times smaller than the standard measurement option.
In addition, trading is carried out using micro lots, that is, you open a transaction with a volume of 1 lot as usual, but in fact it is not 100,000, but only 1000 units of currency.
This approach allows you to open transactions with only a couple of tens of dollars on your balance.
It is clear that trading on cent accounts has its own characteristics; there are even entire strategies that allow you to get good profits.
Strategy based on the T3MA indicator.
Indicator strategies for Forex trading in most cases are difficult to apply in practice.
While a strategy built on the signals of the T3MA indicator, on the contrary, is as simple as possible and does not require a high level of preparation from the trader.
The indicator is designed for trading on the GBP/USD currency pair, but if desired, it can also be used on other currencies with similar trend dynamics.
A profitable strategy for a small deposit.
Most beginners come to the exchange without a large amount of funds, the maximum they have is 50-100 dollars.
In this case, there are two ways - trade small volumes, gradually increasing the deposit, or try to accelerate it in a few days and immediately start trading substantial amounts.
It is clear that these are completely different strategies for Forex, but both options have the right to exist.
Trading in the channel.
The price of a currency pair on Forex never moves in a straight line; it either rises or rolls back down again, forming
new lows and highs.
It is thanks to the specifics of trend movement that it becomes possible to create a price channel that will be used to formulate a Forex strategy.
Trading in a channel allows you to immediately get a more complete picture of the market and assess the places of likely price reversals.
In the classic version, the channel is built based on the minimum and maximum points, the support line is built on the basis of the minimums, and the maximums act as the basis for the resistance line. These two lines are the boundaries of the price channel.
Trading against the trend.
Most recommendations talk about trading with the trend; this option is considered less
risky and more promising.
But there is also trading against the trend, which, surprisingly, also brings good profits to some traders.
Trading against the trend - opening trades against the existing trend on a working or older time period.
There are several options for such trading, on the basis of which various Forex trading strategies are formed.
Strategy "Correlation".
It's no secret that there is a clear relationship between the prices of currencies and other financial assets. Almost every trader knows that when the price of gold rises, the Australian dollar rises; such a relationship can be seen almost everywhere; the main thing is to be able to use it correctly.
The Correlation strategy involves detecting patterns in the price movements of certain currency pairs; it is attractive due to its simplicity and effectiveness. To use it, it is not necessary to have deep knowledge in the field of technical analysis; it is enough to have a certain amount of observation.
The easiest way to understand the essence of such a Forex strategy is through specific examples of trading, which in turn can serve as a kind of example.
Supply and demand in Forex.
Concepts such as supply and demand are the basis for price formation in any market;
it is the number of people willing to sell and buy that sets the price level on any of the exchanges, and it does not matter at all what is sold there - currency, gold or cotton.
Supply and demand also play a decisive role, despite the fact that the market itself is virtual, it is subject to generally accepted laws and principles.
It is the timely assessment of these two factors that will allow you to create the most profitable Forex strategies.
A simple Forex Strategy for a beginner in stock trading
At one time, I, like most beginners, used ready-made Forex strategies and could not overcome the break-even
limit and reach at least zero at the end of the month.
Most transactions ended in losses, and the profit on successful ones was so small that it could not cover past losses.
As it turned out, the reason for this situation lies in a purely psychological factor, because according to the theory of probability, the number of unprofitable and profitable transactions should be approximately equal.
But since most profitable transactions are closed prematurely, and some unprofitable ones, on the contrary, later than they should be, the overall financial result leaves much to be desired. Therefore, there was a desire to create a Forex strategy for a beginner.
Stochastic strategy.
This trading option is completely universal; it can be used on any time frames and currencies; the size of the deposit also does not matter much.
The only condition is the presence of a completely dynamic trend in the Forex market and the absence of uncertainty in its movement.
The Stochastic strategy is highly effective and at the same time does not require high preparation from the trader.
5 minute strategy for Forex trading
The five-minute time frame has always been considered one of the most preferable for trading using the scalping strategy on Forex; trading on it is no longer as fast as on M1, but you can still use large leverage.
The 5-minute strategy involves using the three-screen method in trading.
Which allows you to practically do without installing additional indicators. And all technical analysis of a currency pair chart comes down to a visual study of the current situation.
The 5-minute trading strategy really works and allows you to get about 10% profit from one trade, but certain conditions must exist to apply it in the Forex market.
Unconventional news trading strategy
Typically, when working on the Forex currency exchange, rate fluctuations occur under the influence of news.
Therefore, when looking for entry points into the market, you should not completely abandon fundamental analysis. Sometimes viewing and analyzing past events can help explain the reasons for what is happening in the market. While technical analysis only allows one to identify and implement basic Forex patterns .
Trading on the news should combine both methods of studying the market, only in this case you will be able to achieve the greatest efficiency.
The most profitable forex strategy
Anyone who starts trading on the currency exchange strives to earn as much profit as possible, this category of people becomes traders, preferring this activity to simply going to work.
The amount of earnings on the currency exchange depends not least on the Forex strategy used, and to be precise, on some elements of trading.
Which can be used in almost any trading option, regardless of the selected asset.
The most profitable Forex strategy can bring up to 1000 percent or more per month, thereby increasing the initial deposit tenfold.
Moreover, this statement is based on real facts, when in just one trading session, the deposit increased several times.
Strategy on trend lines
When trading Forex, you can identify a lot of different patterns; just watch the chart of a currency pair, noticing repeating moments, you can then develop your own work scheme.
Many Forex strategies are built on this principle, and the trend line strategy is no exception.
It is suitable for any currency pair, and can also be used in trading using other trading tools that are available in the MetaTrader 4 trading terminal.
Trading takes place on a five-minute time interval M5, and in order to identify places to enter the market, a one-hour time frame H1 will be used. This approach will allow us to work only in the direction of the main trend, without paying attention to price rollbacks.
The trend line strategy is one of the most universal and can be used on various time periods and for any instruments. To get started, you need to build just one trend line.
The simplest forex strategy
This trading option is truly the simplest Forex strategy, since anyone can use it.
If you follow the recommendations exactly, it allows you to get a good profit from a relatively small deposit.
Its use does not require special knowledge, so it is suitable for a trader with any level of knowledge.A
The application is based on the use of visual analysis of the current situation on the market; all you need to do is carefully study the chart of the selected currency pair and correctly calculate the transaction volume.
Installation of additional indicators is carried out only at your request, and is not a prerequisite.
Best scalping
There are several fairly common variants of the Forex scalping trading strategy; they are all quite similar to each other, but still have a lot of differences.
The main ones are the duration of transactions and the amount of profit received as a result of one operation.
Each of the traders chooses the most acceptable option for themselves, but still the best scalping, in my opinion, is trading for 15 minutes with a profit of at least 10 points from one transaction.
Piping on short timeframes gives a strong psychological stress; you simply do not have time to analyze the situation and, as a result, you have more unsuccessful trades than profitable ones.
In addition, trading on M1 is simply physically difficult, but trading is work and you will have to work constantly, since in a minute time period you earn only a couple of points from one transaction.
Forex strategy without indicators
This option is suitable for those who do not trust the technical tools that are installed in the trader’s trading terminal.
Or uses a web terminal in which it is not always possible to use the desired indicator due to limited functionality.
It is based on the use of pending orders and is so simple that it is suitable even for a novice trader.
The indicator-free strategy is based on conducting a visual analysis of the trend and determining certain price levels, on the basis of which entry points into the market are calculated.
Trading is based on opening transactions after overcoming a certain price level, that is, your order is triggered when there is a breakdown of the price level, which was a guideline when choosing an entry point into the market.
Pending order strategy
Forex trading strategies using pending orders are one of the most profitable trading options on the currency exchange; they allow you to partially automate the process of opening orders and relieve the psychological burden on the trader.
They are based on placing pending orders at a certain price level, upon reaching which a transaction will be opened.
You can also pre-set additional conditions, upon reaching which the open position will be closed.
In the trading terminal, it is possible to set several options for a pending order and set its lifetime.
The pending order strategy is highly profitable and efficient, most of these transactions are closed with a positive result, this trading method works one hundred percent.
Trading strategy for breaking through support or resistance levels
If you look at any of the charts of a currency pair, you will immediately notice that the price of this instrument does not move in a straight line.
In its movement, you can clearly determine the minimums and maximums, which will serve as the basis for the Forex breakout strategy.
The level breakout strategy involves overcoming price boundaries, which are best used as support and resistance lines.
The channel forex indicator is ideal for building them .
Its convenience lies in the fact that it immediately builds a line of support and resistance on several time periods and you can easily find points for placing orders, regardless of which time frame you are working on.
In the same case, if you build these levels manually, it is very difficult for them to coincide on several time frames selected for analysis.
And it’s always easier to automate graphic constructions than to do it manually.
Simple Hedging Strategies
Hedging is a method of reducing losses when trading on the Forex or stock market. It is based on opening counter positions to unprofitable trades.
However, it should be noted that there are other options that are used in the stock market.
This technique has almost the same number of both supporters and opponents, it all depends on the methods of hedging and on the specific conditions in which trading takes place.
One way or another, Forex hedging strategies have their right to exist and, with careful fine-tuning, sometimes allow you to pull out practically hopeless transactions.
Example of use : There is an uptrend on the chart of a currency pair, you open a trade of 1 lot in its direction.
Trading on Forex news, a simple strategy for profitable trading
This trading option, such as trading on Forex news, is simply extremely popular among most currency traders.
These strategies gained their popularity due to such properties as ease of use and a high level of predictability.
The essence of trading on Forex news is that after the release of an important message, you can predict with almost 90% confidence which direction the exchange rate of a certain currency will move.
To make money using the system, you do not need to have a lot of knowledge in the field of finance.
The main thing is to know how one or another fundamental factor affects the price of a monetary unit, and after it appears, open a deal in the right direction.
Elder's three-screen strategy - detailed description, indicators, books
This type of trading is used by most Forex traders; they themselves do not even suspect that their work is based on the “Elder’s Three Screen Strategy”.
This trading option is so simple that almost any novice trader can use it.
It should also be noted that it is completely universal; the three-screen strategy can be applied to almost any trading instrument, both on the Forex market and on other financial markets.
Elder's three screens can be used either as a standalone trading option or as an addition to other forex trading options.
True, there is a fairly common opinion on the effectiveness of this strategy; it all depends on the market situation, your attentiveness and work experience.
As is already clear from the name itself, trading is based on the analysis of three screens, or time periods of the trading terminal.
A simple flat strategy for trading on Forex and the stock market
The trend does not always move in an upward or downward direction; sometimes there is relative calm in the market and the price moves in a horizontal direction; many traders consider such moments to be unlucky for trading.
On the contrary, it is at this time that I earn the greatest profit; when using the flat strategy on Forex, it practically does not fail.
The flat strategy is as simple as possible; it is based on placing pending orders, which are triggered immediately after the appearance of a dynamic trend.
In practice, you conduct automatic trading, participating in trading only at its very initial stage, setting the main indicators of a new order.
A new order will open if a new trend begins, and will close as soon as the profit reaches the level you specified.
Scalping in the price channel
The basis of this Forex strategy was the price fluctuation within the price channel; it is the trend movement range that will serve as a guide for opening transactions.
Looking at any of the charts of the currency pair, you will immediately notice that on a minute time period the main movement towards the existing trend and price rollbacks are clearly monitored.
If the correction value is more than 10 points, you can try trading in both directions, thereby earning more in the same period of time.
The work begins with building a price channel; the easiest way to do this is by installing one of the channel indicators, at your discretion, in the trader’s trading terminal.
The main thing is that he independently builds support and resistance lines on a minute time period.
Gap strategy that provides guaranteed earnings on price gaps
A more detailed study of the historical features of trend movement reveals a lot of patterns that in one way or another help to form Forex strategies.
One of these patterns is the occurrence of gaps in the trend movement.
Forex gap is a price gap, when it occurs there is a certain difference between the end of the last candle and the beginning of a new one.
Typically, gaps occur after weekends or holidays; the trading session on Friday closes at one price, and on Monday it opens with some gap.
The reason for this phenomenon is the change in the exchange rate that occurred over the weekend or holidays, while trading was closed.