Almost every successful trader when he was asked about his strategy,
he said, "Keep it simple".
If we take a look, meaning the strategies used by successful
traders is simple. It means that strategy is a strategy that was not too
complicated and easy to use. Click here to find more strategy
What may be a simple forex strategy can
generate profits while complex alone is not necessarily a profit?
Very likely! Even more likely when compared with the complex.
The reason:
1. The simple strategy does not make traders confused, thus
minimizing the occurrence of mistakes made by traders.
2. The simple strategy does not make a trader stuck on the focus
ring analysis
3. Simple facilitate trading strategies that a trader can keep
mentally from damage.
Therefore, those of us who today use complex strategies, but
immature, immediately switch to using a simpler strategy.
Elements in a simple strategy that one of them is a simple
analysis. So that a simple strategy usually focuses on money management
strength.
Examples of simple strategies:
1. Strategy simple blind
The rules that select currency long movements, such as the GBP /
USD. Then open the 1 hour time frame chart. You should know that the average
length of movement GBP / USD 1 hour is 30 points.
The rule:
Open every position open price recently formed the basis of the
previous candle. if the previous candle bullish, so when we open the form, the
open position and vice versa BUY with a target profit of 10 point and 10 point
stop loss, as well as lot size of 0.1.
Because the length of movement per hour is 30 points, then when
targeting only 10 points should be secure.
If the transaction proceeds win, please do continue repeating. but
if the result is lost then you can use the martingale system to your profit.
2. Strategy simple analysis
The way the game is almost the same as a simple blind
strategies, different is entry point. On this simple analysis strategy entry
point is the signal from the analysis of a simple example:
- Buy when the signal parabolic sar appear below the graph, and
sell when the signal is above the parabolic sar graph.
- Buy when there is a golden cross MA
That is an example of a simple forex strategies that
can be applied to our trading. By using a simple strategy trading forex
rest assured we are more able to profit.
