Price action and trend trading strategies in 5 forex pairs. Expected monthly profit 10-20% with low drawdawn.
What is price action strategy? In simple terms, price action is a trading technique that allows a trader to read the market and make subjective trading decisions based on the recent and actual price movements, rather than relying solely on technical indicators. What is Trend trading strategy? Trend trading is a strategy that involves using technical indicators to identify the direction of market momentum. It is based on the idea that markets have an element of predictability, so by analysing historical trends and price movements, a trader will be able to forecast what could happen in the future. My entire activity and daily concentration aims at obtaining a monthly PROFIT of 10% to 20% with MINIMUM RISK and if we do more it is because of a good month not because I took great risks, for that reason most of of the times i do not trade when big economic news are on the way...
Risk Warning: Trading Forex and CFDs on margin carries a high level of risk and may not be suitable for all investors. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Prior to trading, you should take into consideration your level of experience and financial situation. TeleTrade strives to provide you with all the necessary information and protective measures, but, if the risks seem still unclear to you, please seek independent advice.
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