What are the tips for day trading in forex
Send you a handout method, I hope to help you! Forex short-term trading skills: First, pre-trading preparations 1, to understand the characteristics of short: short, flat, fast. The so-called short is a short period of time, can be a day, a few hours, a few minutes or even a few seconds, in short, is an intra-day single. Flat is to get the expected target on the collection, fast is fast into the fast out, never drag the mud (please pay attention to the WeChat public number "global voice of foreign exchange"). 2, the heart of the preparations: into the field to be unafraid, patience, decisiveness. Out to be resolute and unrepentant. 3, the transaction is ready: light positions, trend, stop loss and take profit two, short-term operation technology (1) trend technology of K-line indicators: short cycle averages and short-cycle K-line combination, 5 columns (daily) averages and 14 columns (daily) averages of the intersection of the cross (gold fork up, dead fork down), to determine the direction of the disk. (2) Trend techniques of trend channels: short-term upward channel, downward channel and oscillator channel. (3) Oscillator technique of the Bollinger Bands indicator: the length and speed of the rising or shrinking of the bars (thin bars) should be ahead of its average, the trend is established and maintained. Once the line flattens or shortens, stop making orders, wait and see, and observe the change of trend. (4) Oscillatory techniques of the RSI indicator: angle, reverse powerful, slow and gentle downtrend. Shun big trend, against small trend. Waiting for the retracement to buy, different color column change column to buy; or card position to buy. Column buy and retracement buy. Third, the short-term operating rules (1) set the time: short in the scheduled time did not go out as expected, regardless of loss and profit firmly out, (2) set the space: according to the support and pressure to set up a good take-profit and stop-loss, to reach the automatic exit, the stop-loss is only allowed to narrow the non-expandable, the take-profit can be narrowed can also be enlarged. (3) add position reduce position: loss does not add position, profit can add position (can do trend single preparation). (4) implementation of the iron law: depending on the implementation of life! (5) the quality of light quantity: trading to make money does not care how many times you do, only care about whether you end up with no profit. (6) trading mentality: into a single without fear, out without regret. (7) do single environment: outside the environment to be quiet, can be quiet down; within the environment is their own heart, in their own no pressure, easy, pleasant time to do business. Fourth, short sniper steps 1, in preparation for single before the first thing is to open the financial calendar, look at the major bull news events or major data, to avoid the risk of uncertainty affecting the market. 2, with their own ready to trade system, the product to be operated first review of the pre-trend, predict the direction of the market trend now. 3, when the trading system issued a signal to enter the field, decisive strikes, and never hesitated and set up a good stop 4, after the completion of the single, regardless of profit and loss, do not affect their state of mind, as what did not happen, continue to wait for the signal to enter the field. 5, to find their own accuracy is relatively high, there is free, the most calm state of mind to do the single the best. 6, more to see less action, control, in order to secure profits and trading. 7, every single done to summarize, why right, why wrong wrong, day after day Accumulation of experience and disk sense (please pay attention to WeChat public number "global foreign exchange voice"). Fifth, short sniper advanced level (1) foreign exchange short-term trading experience is more important than theory, trading ability is the perfect combination of experience and technology. Practice makes perfect. Forex short term trading practice is more, right, wrong, lost, earned, each transaction are wholeheartedly to think, after summarizing, will get some forex short term trading insights. (2) foreign exchange short-term trading, although frequent, but not too, too frequent to do a single risk is better than the risk of heavy position to do a single risk. (3) do short-term will have to chase a single case, but do not blindly go after, through the forex short term trading technical analysis to grasp the rhythm is the key. (4) short-term trading system about simple to use the better, a good trading system is slowly optimized (will go through the first simple, then complex, and then simplified over )