strategy for positional, swing trades?

[muradsaleh]

Hi Mishak,
Can you please discuss a strategy that you might be using for positional, swing trades?
Thanks.
Murad.

[mishak]

Hello muradsaleh Sorry for delay, have missed your post.

Well, the same TA indicators and methods are used but fundamental reasons should be taken into account.
For position trading your are looking at daily - weekly (and monthly) charts, for swing - on 4H, daily.
Leverages should be small (max 1:10 for swing, max 1:4 for position). Even without leverage performance above 20% annually may be achieved.
This are the more conservative (less risky) and stable approach to the forex investing. Therefore big money may be involved.

[Thrakos]

on day on a slow sunday bigining of monday market open I tried scalping for few hours using no indicators nothing, I lost 400 pips thank god for demo accounts. but it was such an adrenaline rush i enjoyed it even though i made so many bad trades.
I cnt see myself doing it i still play with it durring sideways market DEMO account only, something to do while I am waiting for the eur open at 2am EST. i love the game but to trade it live OH NO.

thrakos

[muradsaleh]

Hello,
I have heard and read some traders opinions regarding which is better to trade short term or long term in light of the current high volatile market. Some traders see that the high volatility is an enemy for them while others see that as their friend. I don¡¦t know, maybe it depends on each one¡¦s strategy. Other traders say that technical levels just do not hold these days. What is new with the market these days? Was it really different before 5 years? Is using the internet a factor in changing the market¡¦s nature? Are there new big players in the market who can control it (new invisible hands)!!!? Well, I will keep observing and maybe learn something new ƒº.
Good trading everybody.
Murad.