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Strategy Trade

  #1 (permalink)
Tsar
Jakarta Indonesia
 
Posts: 1 since Nov 2013
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How to get the Best Strategy Trading for Intraday ?

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  #3 (permalink)
 CSC1 
Vancouver, Canada
 
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I don't think there's a 'best' strategy for intraday FX trading. Just start out by picking a directional bias through fundamental and basic technical analysis and start putting on positions as the trend pulls back or as the range hits an extreme, cut losses short and don't be afraid to keep taking small positions until your bias changes. Also time of day has a lot to do with consistent intraday set ups.

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  #4 (permalink)
 
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 Big Mike 
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Tsar View Post
How to get the Best Strategy Trading for Intraday ?

For anyone asking this type of question, the best thing you could do is read this entire thread front to back:



The thread contains hundreds of questions from traders, and answers to those questions from my point of view and a few others.

It should become completely obvious after reading that thread what you should do, and more importantly, what you should not.

Mike

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  #5 (permalink)
francis3388
kuala lumpur+selangor/malaysia
 
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conorcoen View Post
I don't think there's a 'best' strategy for intraday FX trading. Just start out by picking a directional bias through fundamental and basic technical analysis and start putting on positions as the trend pulls back or as the range hits an extreme, cut losses short and don't be afraid to keep taking small positions until your bias changes. Also time of day has a lot to do with consistent intraday set ups.


Well said. Afterall, trading forex is basically an Art combined with Science. Once, you are familiar with a standard

strategy/ system, follow through and continuously using it to perfect your skills. Have minimum 2 strategy/systems

and keep on practice it and at the same time, share and improve the techniques after interacting with other traders.

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  #6 (permalink)
peterevanson
Perth, Australia
 
Posts: 2 since Dec 2013
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Nice thread. Thanks for posting..

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Last Updated on December 16, 2013


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