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.

In addition, the price should already make a reversal and begin to move in the opposite direction from the minimum or maximum.

To organize the selection process, we use a currency pair chart for the daily time frame D1. As a result, we will see the situation more than six months in advance.

For example, the euro/dollar reached its lowest level in two years at 1.1900 dollars per euro and over the last week it began to grow, at the moment the price has risen to 1.1990, we open a buy deal.

At the same time, we comply with two conditions - the transaction volume is no more than 1:5 to the trader’s deposit, the transaction is closed if the price drops below 1.1900.

The advantages of this strategy are obvious - you open a trade after a reversal at a fairly strong level, which increases the chances of a stable trend emerging, and a small leverage allows you to ignore emerging corrections.

The transaction is kept open until a profit of 200-300 points is made, using four-digit quotes.