Best strategy for a new person.

Discussion in 'Forex' started by tedmos38, Feb 25, 2021.

  1. Newbies should spend at least a few months learning the basics of markets, economics, and how to “cover” pairs. I’d do that before making any live trades. Once you get the feel, have a nice dashboard of macro indicators, you can start to test them. E.g. economic performance differentials are picking up in Eurozone vs us, so long euro til end of month (when Eurozone exporters will convert their usd to euro). Etc.
     
    #91     Apr 23, 2021
    razle likes this.
  2. kroxobor

    kroxobor

    Carry trade maybe? It's hard to speculate manually in FX nowadays because algo make a lot of noise on low timeframes.
     
    #92     Apr 26, 2021
    tedmos38 likes this.
  3. tedmos38

    tedmos38

    Carrying is fine, but then there is an extra free (swap).
     
    #93     Apr 26, 2021
  4. Crash101

    Crash101

    Guys, I think there is a great little trade. Its called the 123 Strategy. If you want to see what the 123 Strategy is, send me a message!!! Its an awesome little technique!!
    Crash
     
    #94     Apr 27, 2021
  5. easymon1

    easymon1

    Just post it up, Holmes.
     
    #95     Apr 27, 2021
  6. Crash101

    Crash101

    I am trying to get to know more traders, simply just posting it, wont do that will it? Message me and get in touch!!
     
    #96     Apr 27, 2021
  7. So you have 12 posts and you want noobs to PM you about your fantastic strategy that you won't post on open forum. I think I see where this is going.
     
    #97     Apr 27, 2021
    tedmos38 likes this.
  8. Crash101

    Crash101

    Growley Monster.. prehaps use your brain!!! Loose your scepticism... Try Google... it has the answers right... and it might surprise you.. look it up if you dont want to get to know me!! !
     
    #98     Apr 27, 2021
  9. Lokom

    Lokom

    The strategy must match your knowledge and strength.
     
    #99     Apr 27, 2021
  10. Crash101

    Crash101

    If you are new I would focus on looking at cycles and phases and clear areas of interest. Target these areas with a strategy that you associate with. It will be different for each trader. Look up 123 strategy and this really works for me.

    All my best,
     
    #100     Apr 27, 2021