How to understand forex trading strategies and who are suitable for common forex trading strategies

1. Resistance level - where the bears are strong and the bulls are weak, resistance levels are naturally formed. In practice, due to the convergence of public expectations, the following areas are often clear resistance zones:

1. The gold price opened lower than the previous ** on the day. In the process of climbing up, there will be resistance here, this is because after a night of thinking, the long and short sides reached a consensus on the previous **, at the opening of the day, if the gold price opened low, indicating that the selling intention is very strong. On the one hand, it will be hit by new sell-offs at any time, and on the other hand, when approaching the previous **, the selling orders accumulated in the morning will come into play, so that the bulls can easily cross this barrier.

2. The market opened lower after the day. Because there is a lot of selling at the opening price, there will be resistance when you return here.

3. The reason why the previous high is formed is because there is an obvious backlog of selling here, and when the gold price falls back again when it encounters resistance, once it is close to the previous high, there will be new short-selling forces involved, and the bulls will become cautious. A clear m-head pattern is formed on the chart, and most of the time the right high will be lower than the left high.

4. Due to people's psychological effects, some integer marks often become important resistance when rising.

The purpose of identifying the resistance zone is to sell at the highest or second highest point, and it is generally possible to sell before entering the identified resistance zone.

2. Support level - the place where it can't fall is the support level, and the common support levels are as follows:

1. If it goes higher after the opening and falls back to the opening price, the support will be stronger due to more buying precipitation.

2. If the gold price falls from a high place, the support force at the front is also strong.

3. Previous lows. The last low zone will generally become a psychological support level for people, and the reason is the same as the resistance zone.

4. The resistance of the previous high is large, and once it is effectively crossed, it will generally be supported when it falls back again due to the accumulation of more buying orders.

In the face of violent fluctuations in the market, we must know how to adjust the strategy in a timely manner.

This article is from Qinghe Lunjin.

Trading strategies are built on their own, and it is useless to understand them.

It's best to find your own strategy. Connected 5 series 6 me.

Super ** trading strategy: the analysis period is mainly on the 5-minute chart, the foreign exchange profit target is generally 10-40 points, and the stop loss is generally set to half of the profit. The key reference is M10 and M60 in the ** figure.

Foreign exchange daily trading in Asia, Europe and the United States is available, and most of the transactions are concentrated in Europe and the United States. The advantage is that it is more flexible, and there is no need for long patience and waiting. The disadvantage is that the stop loss must be timely, and the transaction fee is relatively high.

Relatively speaking, the more suitable group of people is the group that has more leisurely working hours, more free time, and can access the Internet at any time.

Intraday trading strategy: The analysis period is combined with 5-minute and 30-minute charts, and the forex profit technique is generally set at 30-80 points, and the stop loss is half of the profit. Its trading group is mainly concentrated in the afternoon at 16:00 Beijing time

Between 00-24:00 in Europe and the United States. It is more suitable for ordinary white-collar workers, who have 2-3 hours at night after work, and can occasionally operate between choosing to eat, take a shower and watch TV.

The recommended currency pairs are EURUS, GBPUS, USD, USD, and the unrecommended currency pairs are crosses and USDJPY.

Swing trading strategy: the holding period is medium and long, mainly daytime. Profit targets are generally set between 80-400 points.

On one side, the amount is at least $5,000. At the same time, you can also consider the ** in the operation ***. The selected technical chart is generally a 4-hour chart or a daily chart, and the entry point refers to the 30-minute chart.

In addition to **, resistance support decomposition is to be carried out. This trading model is suitable for people who travel a lot, or often work overtime at night, and can only operate once in a few days or even a week or two. His advantage is that it saves time and effort, and he can make swing profits in an easy situation, and the disadvantage is that he needs a larger capital to maintain a lighter **.

Its *** is 1 3 -1 5 of the profit target.

For different investors, you need to combine your actual situation, and more importantly, you need to combine your own trading style to choose a trading strategy that suits you, so as to achieve stability and profit.

In the setting of capital planning, operation direction, stop loss and take profit points.

These aspects are formulated for reference.

1.First of all, it is necessary to determine whether to do intraday super**, or hold positions overnight, 2Do a good job of controlling light positions, 3Timely take profit and stop loss, 4Strictly do the above three points.