Pangmatagalang Estratehiya sa Forex Trading (Bahagi 3)

Ikalawang Bahagi : https://cutt.ly/GkW372L

Is Long-term Trading the Way to Go？

There is not an answer that works for everyone. Each trader needs to analyze what is best for their own style and personality.

The main point of the series is that trading is not only possible for short-term traders, but also for long-term traders. It also allows people with full-time jobs or other commitments to benefit from trading.

They can monitor their trades by looking at the daily charts and candles at the end of the week or even review the weekly charts and candles at the end of the week. This opens the door to technical analysis for many more people than intra-day traders.

How to Invest for the Long Term - Long-term Stock Market Strategies

Long-term trading aims to make a long term investment to find a trend over a large period of time - some traders are known to hold positions for more than a year. A good rule for following this type of example of long-term Forex trading is:

- To buy the rumors,

- To sell the announcements.

What does it mean？ This means that long-term trading should only be executed if you are expecting potential currency movements. For example, before the UK election, if you thought the Tories were going to get the highest percentage of votes, you might have anticipated the impact of that result that would have on currency pairs containing GBP.

You would have opened a trading position as soon as your expectations were met, then once you see that your expected results have or have not been achieved, you can make the decision to keep or sell, that is to get out of your positions.

This is one of the ways to achieve high profits, especially in contrast to day traders who mainly take their positions based on results. This is the main advantage of a long-term Forex investment strategy.

This is the main strategy when it comes to long-term CFD trading on currency pairs. However, one of the most important things to note is that you should consider the events that are likely to happen in the economy of a currency. It is essential to consider the possibilities of influential events for the second currency listed in the pair you are trading.

When it comes to long-term currency trading, preparation plays an important role. You should run a deep analysis of the savings, consider the economic calendar to be aware of upcoming events, their possible outcomes, and consider all the possibilities. This is the ultimate way to develop the best long-term Forex strategy for trading Forex rates online.

Carry trade is a long-term Forex swap strategy: You sell a currency pair that has a low interest rate (e.g. Japanese yen) and you buy a currency pair with a large benchmark rate (For example, such as the pound Turkish, or the Australian dollar).

(To be continued ...)

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