How Sih How to use Switching strategy?
In trade Forex where we entered the market position sometimes does not correspond to our analysis of the strategy we have created, which resulted in the position we tradingkan be a loss in these circumstances, we are certainly tense and continue to think about how to do so in conditions like can neither profit, the way I know is to do the switching.
Swicthing the hell is that? based on the word replaces. An explanation of forex strategy switch is to change direction by closing the position is in a loss position, and then open a new position again in the opposite direction to a position that was closed by wishing the benefits open the second position will be greater than the loss of the first position was closed.For example:in the position currently trading at a price of GBP / USD is 1.50. and I predict a pair of BGP / USD currency will climb to 1.5700. Therefore, I tried to open a buy position.after Lapse of how many hours he turned off the GBP / USD moves in the opposite direction with my predictions, GBP / USD falling and is currently at 1.5550 .Artinya buy position I lose 50 points.When I try a new analysis, it turned out the GBP / USD fall to 1.5450 level.to this day, I do not lose, I decided to close the buy position I with the loss of 50 points and open a new sales position.after I wait a few hours turned my analysis is true that the market is changing depending on the result of the analysis in both moving down and is currently at 1.5475Finally, after I think that the result had had enough, so I quickly closed my position to sell at a profit of 75 points.accumulation of two of my above operations by pursuing a switching strategy, today I am a profit of 25 points ie the operating result was 75 points less loss of 50 points.
Tips on using the switch strategy - does the switching strategy to open a second position which is opposite to the first position when we are sure to gain second position prediction exceed the value of the loss of the first position, we will close.
- preferably effect switching when a trend is likely to be formed, that is, when the tear strip.
switching forex strategy requires a convincing analysis, because if we are not convinced by the second prediction, we recommend that to reduce losses without having to first position transmitted by switching. If fixed strengths so we can buffeted by the market and are net losers of 2 times.
0 Komentar