Forex Trading Strategy
The Forex trading strategy enclosed can be learned in a few weeks and can make you huge profits in around 30 minutes a day. The strategy is easy to understand, works, will continue to work and finally, is the choice of some of the world’s top trading systems and traders. pro주식디비.com
The Forex trading strategy works by selling a currency that has a low interest rate and buying a currency with a high interest rate. You are simply lending the currency with the aim of earning a gain from the interest rate differential. If you look at any Forex chart you will see that currencies trend for long periods of time and most of these trends start at or near the zero interest rate areas of the world.
The above sounds simple and it is but how do you turn these currencies into profit?
If you look at the chart you will notice that currencies have a tendency to have a long term up trend as they have troughs and troughs and while this is true of the currencies that are making new highs, it’s also true of the ones that are making new lows. To turn these moves into profit you need to keep a close eye on the short term chart.
Most traders simply don’t bother looking at the short term charts, they simply pass them by and trade the way the day time charts show them.
The above is totally Wrong way to trade as you are simply not going to do this:
You are going to trade the reality of price change and not predict it on paper.
Why?
Quite simply, if you predict prices, you are hoping and guessing and you will lose.
The reality of price change is quite different – you have the odds on your side and should trade the reality of price change when the odds are at there best.
You need to make sure you trade with price momentum indicators, to check that prices have the momentum to make them move.Three great ones to use are – the stochastic, the Relative Strength Index (RSI) and the stochastic.
All the above are visual indicators and you can learn to use them in about 30 minutes each.
They will give you clues to times of price change and let you enter trends in good positions.
The key to using them is to wait for them to turn up (the bulls) and then turn down (the bears) and enter the trade.
This is called trading with the trend and the odds and the best ones, do this once or twice a month at most and the reason for this is, if you get into a trend you have the odds on your side – but there are far more trades you can make and still stay with the odds.
Takings 100 – 300 per day!
Trading breakouts and holding long term trends and earning a triple digit income.Once the trend is in motion, you can lock into and hold it for big profits.Trading breakouts, is easy to learn and it will always work as long as markets trend.
Use this simple system and trade breakouts and you could soon be earning triple digit gains, in around 30 minutes a day.