Translated from Russian by Google Translate
26 Декабрь 2008

Common strategies daily trade

The problem of choosing a strategy of trade glozhet minds of many traders. And here it is not only the possibility (or the lack of Ona) invest more capital in trade or in the creation of complex trade practices. Often the problem is an edge - banal lack of time. After all, trading Forex is not for all is the main place of work. It is for this reason, many speculators are developing different strategies for short-term trading, which often work well even on short time intervals.


If we look at this problem on the other hand, it is possible to trace an interesting detail. A large mass of Starter namely Traders work in the short term. This occurs for several reasons.

First, the lack of sufficient capital to implement a long-term trade. Judge for yourself if we are keeping an open stance during the day, the number of items in such a case may take the price? For some cross-rate daily diametrical framework within which price ranges (in the event of any significant fundamental developments) is around 1000 points. And that average. And if your trading account presented fairly modest sum? Imagine if daily swing some currency pairs at about 1000 points, then what should be the amount of capital to keep an open stance a few days, weeks or even months, because during that time the price could do much more step in the points than the above .

Secondly, in favor of short-term trade said the lack of sufficient knowledge of fundamental analysis. The vast majority of cases, it is this factor is decisive in favor of short-term trading, because long-term planning of operations, of course, must be based on substantive findings, which are backed by analyzing the evolving situation in the market. True, there was a group of traders, who played at the news. This strategy, we look below.

The third is psychological installation of a new trader. Indeed, when the layman comes on the market, after several setbacks, he begins to lose faith in themselves, resulting from such trader crashes psychological plant to achieve meaningful results. He does not believe that the market is able to bring him good luck in the form of large profits, so trying to take a small market forces. As a result of which there is reluctance to risk more money as a persistent lack of confidence in their forces.

There is no doubt that there are other reasons why traders abandon a long-term trade. But despite the above arguments daily trade to this day remains a popular way of making a profit and a large number of traders working on the scheme.

In order to receive regular income within a day does not necessarily possess a wide range of knowledge of different strategies. One need only examine one or more of the most effective strategies, and then learn to correctly apply them in trade. The problem is that many refuse to understand the banal things. The easier it is a strategy, so it works effectively. Many secrets of successful traders, who have been made public have shown how basic strategy was to allow skolotit their owners great condition. But in general, if judged on results, it is worth noting that the most important thing is he. Therefore, even if you built your own trading strategy based on the testimony of many elements of technical analysis, and if this strategy works well and brings you a stable income, then obviously you can believe that the results achieved.

Below, we provide some common strategies daily

Skalping

Trade skalping method is quite common technique. It assumes that a trader in the course of the day committing large numbers of transactions. Indeed, this happens as follows: Trader opening position (no matter what) and after the price went to his side and the profit reached only a few items, such a position is closed. Earnings from such transactions will be insignificant, but by the fact that during the day committed a large number of these transactions, total revenue can be significant. This trade is good when the price goes on a «Saw». But it is pointless and even dangerous in the event of a market impact any developments fundamental nature, and the quotation currency pair is predominantly in one direction. Above all, when trading method skalping trader must always be a screen, time to close the position. Calling the warrants such an approach - is not that rare, but not very popular.

Trading on news

In this approach to trade, investors in advance analyze the emerging situation in the market, and after any major news on open positions in accordance with the decision taken in advance. This movement is usually lasts from 30 seconds to several hours, which allows the right choice position to get a good profit.

Chief nuance of trafficking who need to know - is that in the event of a failure event fundamental nature, the market may perform the movement, as opposed to the current trend, because in such times of currency market participants prone to emotional upsurge and operate under the influence of emotions.

It is in these moments market especially unpredictable, because very few people looking at the technical indicators, and participants are under the influence of the crowd. But it follows a logical question: if we decided that the short-term trading by a inexperienced traders, whether it is attributed to this category of representatives of trade on the news? Given the fact that many traders as a result of trafficking receive a significant profit, you should conclude that they have sufficient numbers of knowledge of fundamental analysis, as well as certain percentage of luck, that automatically separates this group from the category amateur. The main difference here diletanta from an experienced trader - the regularity of profit.

Trading on the sample of critical levels

Such trade often referred to as trade in the breakthrough. This happens when the market suddenly shaken any event, and the price may commit a puncture significant levels of support and resistance. If soap more globally, then, of course, reasons that happens puncture levels of support / resistance quite a lot.

In such moments experienced traders looking at the situation may come to the conclusion that the price breakthrough - this is just the emotions of other market participants, who will soon poutihnut, so this situation can use to their advantage.

Pay attention to Figure 1. Here, clearly presented, as happens puncture the level of support. The price fell below multi-level support, and had every reason to assume that this breakdown level, but as shown in the chart, forces the bears run out and the price returned to its former place.

We will not go into detail analysis of the current situation, under which no breakdown occurred level, but noted that the trader, playing a breakthrough in such a location was excellent chance to make a profit. It was necessary to open only long positions on the minimum price, which has established this candle. In this case, profit would amount to more than 100 points.

Прокол уровня поддержки

Figure 1

Trading on downgrade

Trading on the rollback is a fairly risky assumption, since its implementation needs to play against the current trend. In general, the method of this trade is that under the existing ascending or descending trend sooner or later the market is declining activity, and then briefly taking the initiative to the other side. For example, if the trend - bottom-up, then take back the initiative bears, which some time trying to lower the price. It is in these moments an opportunity to play against the current trend, it is advantageous to buy market-based instruments in the decline of activity at a lower price (in case of recession occurring at the bull trend).

And finally, it is noteworthy that the above schemes within days are not exhaustive. In fact, they exist much longer. In order for you decide that you need it, is to experiment with different strategies daily, after which it will be possible to conclude the feasibility of using any technique. The above descriptions - this is just a basic material needed for the proper selection of its own methodology. And let your technique is even a hybrid made up of several strategies described above, but nonetheless important outcome.