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In this post you’re going to learn about what is my #1 Forex Trading stategy. Join Our 24,000+ Loyal Followers Now & Receive Our E-Book For Free! TradeStation rebate offer
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New password EUR/JPY 4 (pips) 1:300 100,000 24h This Forex day trading strategy is best for people who like fast-paced, action-packed trading. These traders only hold on for a few seconds to a couple minutes at most. Their main objective is to acquire profit from very small changes. So, with this strategy, the selling or buying takes place almost instantly after the trade reaches a small profit. Traders need to have many hours of undivided attention to be best suited for this type of trading. Many traders using this strategy will enter a trade purely on a hunch, making it a very risky strategy.
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All trading carries risk. To help you understand the risks involved we have put together a series of Key Information Documents (KIDs) highlighting the risks and rewards related to each product. Read more
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Higher time frame support and resistance 37:22 For example, when you see such a big candlestick (below chart), while all the indicators met a good long trade setup condition, you think you have found a PERFECT trade setup, and so, you take it right away:
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