A forex investor should have certain strategies.
According to the period, according to the margin, according to the parity, there is a need for specific or different strategies. This is the first condition to be successful and therefore to win.
1- TRENDE MOVEMENT: Trend is the biggest friend of the investor.
The investor should believe in his friend and act accordingly. To find the trend, either averages are used or the supports drawn from the bottom points of the price movements are moved according to the resistances drawn from the heights and peaks.
2- DETERMINING TREND’S TRANSFORMATION: Trends will end at the end
of course. Generally, short term trends are observed in 6-month periods. However, a trend return can be mentioned when there is a mismatch in the 4-hour periods of the main MACD indicator. Averages and fibonacci analyzes should not be used for a single type of indicator. When analyzing here, if the volatility is high in the short term analysis, daily and weekly graphs should be viewed in the medium term and low volatility in 4 hour and daily charts. Always check the compliance of H4, daily and weekly charts and decide on the train.
3- FIXTURE OF THE FIX: The most used in technical analysis
and the mismatch in the downward direction seen in the MACD, which is a reliable indicator, can be interpreted as an indication of the end of the correction movement.
4- NON-ISOLATION IN HARMFUL POSITIONS PO R YON Z Z
In addition to keeping their positions short, they have been persistently persisting in harmful positions. In the statistics, if the position is in the first hour after the position is opened, it is seen that this results in a TAKE PROFIT of 95%.
The investor should close his / her positions on a daily or 3-day period.
The investor, who puts STOP LOSS, can continue his disciplined work by pulling up the STOP LOSS level.
Generally, frequent changes in SL and TP levels are not recommended, but pulling up SL increases the level of TP in a solid trend as it will not hurt anyone. In our opinion, it is a desired method.
5- SUPPORTING ANALYSIS WITH OTHER INDICATORS: When analyzing MACD,
The means, Ichimoku, Parabolic Sar should be considered to be compatible or not to support each other. If the Parabolic Sar indicator has points above the prices, the SAT is interpreted as an AL signal if the points are below the price (some kind of support).
6- ABSOLUTELY STOP LOSS and TAKE PROFIT PROVINCE: Actually
above, but the investor should not break with the transaction discipline and the SL and TP levels should be determined while taking the position. Stop Loss can be determined as 15-30 pips depending on the situation. TP can be determined as 2-3 times the difference between price and loss cut (SL) levels. So the price level
30-90 pips can be put in an area TP up. Thus, the account will be in the profit even if all three transactions are damaged.
When entering the market, the investor should concentrate only on certain parities or parities and choose the way of gaining experience by identifying their deficiencies and strategy accordingly.
As a result, the investor should not rely on the brokerage firm or open a position according to the news, a comment he / she heard in the media. The investor should act according to his / her analysis method, specific investment strategies and experiences.