Tuesday, 8 April 2014

Simple Day Trade


I'm a forex day trader. So today I think I want to share a simple note.


This is the Buy Low - Sell High condition







The Buy Low - Sell High is a method of trade when the currency are more into rising trend. You buy the currency in low value state and when it is raising more momentum, you sell it high for profit.
USD/EUR 1Month Graph


This is Sell High - Buy Low Condition
The Sell High - Buy Low is a method of trade when the currency are more into descending trend. You sell the currency in high value state and when it is descend more in value, you buy it high for profit.

USD/JPY 12 hours graph


Things that you should consider:

1.Read the schedule of past sell, it can give you highlights on the currency leverage.
2.Rule of thumb: Never loose money.
3.Always be sure of the currency that you want to trade before making a trade.
4.Discipline over greed.

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