Strategy for the lazy trader.

A similar trading option was developed for the stock market, but it can be adapted for Forex trading if desired.

The lazy trader strategy requires a fairly substantial capital base and virtually no leverage.

You also need a forex dealing center that supports long-term trading, as a trade can last anywhere from a few days to several weeks.

The essence of the forex strategy itself is quite simple: first, select several popular currency pairs whose price levels are at their lowest or highest.

In addition, the price must already reverse and begin moving in the opposite direction from the low or high.

To organize the selection process, a currency pair chart on the daily time frame D1 is used, which allows us to see the situation for more than six months.

For example, the EUR/USD rate reached a two-year low of 1.1900 per euro and began to rise last week. Currently, the price has risen to 1.1990. We open a buy trade.

Two conditions must be met: the trade volume must be no more than 1:5 of the trader's deposit, and the trade is closed if the price falls below 1.1900.

The advantages of this strategy are obvious: you open a trade after a reversal at a sufficiently strong level, which increases the chances of a stable trend emerging, and low leverage allows you to ignore any corrections that arise.

The trade is held open until a profit of 200-300 pips is reached, using four-digit quotes.