August
12
23:20
Forex Strategy

The strategy of " Start " - trading without technical analysis

forex strategy start

Hello, dear visitors of our forex portal!We all know that most of the trading strategies based on technical analysis.For traders, this means tracking indicators, candlestick patterns, etc.

But whether such an approach gives confidence to the trader?Not always - it is very important to understand why you need to buy or sell, not just to enter the market at the intersection of lines X and Y. system «Start» entirely based on the usual logic, understandable even to a child, and the behavior of the bulk of traders.What it gives it a solid foundation and you can stay focused on graphical analysis.

Features forex strategy «Start»

Platform: Any
Currency pairs: EURUSD, AUDUSD (in other pairs of worse)
Timeframe: M30
Trading Hours: Every day, early in the London session
Recommended DC: Alpari, RoboForex

Knowledgebase

  • What are pending orders
  • Trading sessions on forex

Logical Framework

Forex strategy is beginning - the basis System

in the first half-hour after the opening of London market fills up applications, which together giv

e a boostdefining the movement in the next few hours, until European traders do not go to dinner.

It is this momentum, we're trying to catch.

Rules entrance

PUBLISHED would katstov.kom

30 minutes after the opening of London will be closed as soon as the half-hour (M30) candle put out items by 5 points above its High and Low points below the pending orders buy stop and sell stop, respectively.

Take-Profit is not our stop loss is at the opposite order.Those.if it triggered stop-loss on the purchase, sale machine open and vice versa.

exit rules

Forex Strategy beginning - out of the market

Close all positions and remove the quiescent otlozhki 2.5 hours (5 candles M30), when traders start to get ready to leave for lunch.

With closing time you can experiment a bit.We do not know exactly when, to the nearest minute, traders in a hurry on a business lunch :)

Recommended Money management

Forex strategy is beginning - the risk of a deal

In one transaction should not risk more than 3% of the deposit.Although this system is losing trades if there are, the small size, but do not forget that they will.And to risk a large share of the deposit is just silly.

Forex is a boring routine work, it is not necessary to turn the trade at the casino.

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