Trading Stategies
Trading strategies are the use of specific trading techniques to generate profits from the purchase and sale of currency pairs in the forex market.
Manual or automated tools are used to generate trading signals in forex trading strategies.
A consistent, effective strategy relies on in-depth technical analysis, utilizing charts, indicators, and patterns to predict future price movements.
This page will give you a thorough breakdown of beginners’ trading strategies, working all the way up to advanced, automated, and even asset-specific strategies.
It will also outline some regional differences to be aware of, as well as pointing you in the direction of some useful resources. Ultimately though, you’ll need to find a day trading strategy that suits your specific trading style and requirements.
Also, ensure your choice of broker suits strategy based day trading. You will want things like;
- Excellent trade execution speed,
- Price action data ( + Level 2 if possible)
- Ability to trade direct from graphs,
- Trade automation,
- Stop losses and take profit orders
- Etc etc.
Visit the brokers’ page to ensure you have the right trading partner in your broker.
It was launched in 1984, the entire FTSE (Financial Times Stock Exchange) consists of in excess of six hundred companies, that make up approximately 98% of UK market capitalization. The ‘footsie’ is a term that most people have heard of, but relatively few understand it’s intricacies and significance. This page will break down its history, …
FTSE UK Index Read More »
The DAX 30 (Deutscher Aktien indeX) is formed of the thirty largest, blue-chip German trading companies found on the Frankfurt Stock Exchange. As Germany sits as the largest and most powerful economy in the Eurozone, the DAX is regarded amongst the most important indices for European investors. This page will break down how the DAX …
DAX GER 30 Index Read More »
I recently watched a documentary about Bill Gates on Netflix and the thing that stuck with me the most from it was that he didn’t become one of the wealthiest people in the world through luck or inheriting huge sums of money. He literally reads like 8 books while traveling, he can read 150 pages …
Here’s My Daily Trading Routine That I Use Everyday Read More »