See also
Intraday trade | Intraweek trade | Positional trade in the direction of positive swaps | |
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Description |
Adherents of this type of trade are mostly beginners, it is connected with currency market dynamics which attracts novices. Intraday trade has the following peculiarities:
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As a rule, traders, disappointed in intraday trade, try this strategy. Intraweek trade has no such furious market movement as in intraday trade. It may seem that market is motionless. But it is just at first sight. Intraweek trade has some peculiarities as follows:
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As a rule, positional trade is used only by patient traders. Positional trade is distinguished from the previous two by a pressure put on trader, and moreover, a trader has more free time. Positional trade has the following characteristics:
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Advantages |
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Disadvantages |
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Result | This strategy is suitable for traders with a great endurance and virile character, quick reaction and strong nerves | This strategy suits traders who combine such qualities as working capacity, deliberation and thoughtfulness, because first time trader will need to monitor positions 24 hours a day, analyzing all market changes. It is really timely at the moment of market trend formation. Meanwhile, usage of multi-hours charts will be uncomfortable for you due to signals which are shaped on the night bars | This strategy suitrs traders who have a great patience, purposefulness and big funds |
In case you have achieved absolute coincidence of a trading strategy, your character and financial capacities, it would be a perfect variant for you.
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