End-of-day trading strategies are very popular amongst part-time traders due to the work/life balance the strategy and setup affords. Many end-of-day traders manage full time jobs and this type of strategy is considered less arduous and demanding, allowing traders to fit their trading activities around a normal work schedule. – The best time to trade with the strategy is at the end of the day and during the night. Starting at 5:00 pm GMT is when the strategy works best. You can use it at dawn until the opening of the European market (8:00 am GMT), and even in the early hours of the morning, if the market is calm. Scalping is another Forex day trading strategy. It is a very quick closing of an order, as soon as at least a small profit (about 10 points) is obtained on it. Market professionals call Forex scalping strategy highly profitable, which allows a trader to complete dozens and hundreds of trades a day, keeping a position open for only 10 seconds to You now understand why end-of-day trading strategies can significantly improve your results in the market, and you also have a basic understanding of how to trade end-of-day. I don’t want to sound like this is easy, but it is far easier to trade end-of-day than the way most traders trade. A day trading pivot point strategy can be fantastic for identifying and acting on critical support and/or resistance levels. It is particularly useful in the forex market. In addition, it can be used by range-bound traders to identify points of entry, while trend and breakout traders can use pivot points to locate key levels that need to break Four secrets learned after trading at IQ Option for 1 year It's been over 1 year since I started trading on IQ Option. Like many beginner traders, I lost a good amount of money trading options on the platform. I knew that money can be made, I just had to figure out “how”. So I […] Contents. 1 Trading forex is a waiting game while options get results faster; 2 IQ Option forex has leverage to multiply profits options have a fixed return; 3 Many factors go into how much forex makes while with options it's just the amount invested. 3.1 How far the market moves in any direction matters a lot in forex trading; 3.2 IQ Option forex traders have more control over how much profit Forex trading strategy is a certain system of rules that must be strictly followed if you want to make money in the Forex market. Actually, the strategy is a trading plan. It allows you to confidently start and close the deals rather than carry out a chaotic activity in the market. A properly chosen strategy allows you to avoid financial risk.
[index]