Forex trading strategies

Forex trading strategies to trade the euro currency in dedicated for people who work with solid and routine activity high, so it can not see the candlestick utilize continuously and stared metatrader movement. This method is described in order to apply the method to benefit trading in forex and keep working with routine activities. So it does not interfere with work and earn more from trading and investing in forex trading online.

Its trading mechanism :

[ 1 ]. See the daily candlestick, and note the daily closing price of the candlestick in the morning at 04.00 to the euro, if that day happens bearish or bullish.

[ 2 ]. In the event of a bullish market daily basis.

          Open price : 1.2400

          High rates : 1.2450

          Price low : 1.2350

          Close price : 1.2430

the price which we will take to the open position of the market is at 1.2405 with a limit buy order pending install diharga lose it and determine targets at 1.2380 and take profit at 1.2450.

[ 3 ] . In the event the daily bearish market.

          Open price : 1.2400

          High rates : 1.2450

          Price low : 1.2350

          Close price : 1.2380

the price which we will take to the open position of the market is at 1.2405 with a put sell limit pending order diharga lose it and determine targets at 1.2435 and take profit at 1.2365.

If the price on the day the price is in the pending order is not touched then delete again at 3:50 am and made ​​it back pending order at 04.00 to see the mechanism no.1, 2 and 3.

When the day's price action already happened but do not make a profit and still floating minus floating but prices have not hit the target lose then you should lose and made ​​the cut in the back pending order at 04.00 to see the mechanism no.1, 2 and 3.

If on that day the price was teraction and make a profit but not automatic terliquid of tp made ​​the cut should be in profit and made ​​back pending order at 04.00 to see the mechanism no.1, 2 and 3.

Should use capital ratio 1000 points, if you use a standard account minimum of $ 1,000 to open a 0.1 lot transactions, and trading is only done 1 times 1 day .

And if you use a micro account should be at least $ 100 to open a 1 lot transaction and trading is also done 1 times 1 day.

Do the dynamics of this trade should be at least 3 months in order to see the results if profit or lose.

Remember the goal is the online forex trading to long-term goals and trading results can not be seen from what we were doing 1 week or 1 month .

Trading is only done for the EURO currency pair only and should not be tried for another currency . If you replace or exchange with another currency risk is yours, if this strategy fails and does not work should be re-evaluated and shared here in order to clear the failure does not comply with the rule. Thank you.

source:wallstreetciseke

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