WebPosition trading strategies. As with most approaches to trading we’ve covered here, position traders can utilize a huge range of different trading strategies to target profits. Let’s WebThere are lots of strategies that suit longer-term traders, but here we're going to focus on two of the most common: position trading and swing trading. What is position trading? WebDay trading is the most popular and common short-term forex strategy, which usually entails only one trade in a single trading day that isn’t carried out overnight. On the other WebLong-term strategies for Forex and CFD trading. Position trading shows how to trade on the Forex market over the long term. The aim is to identify a trend and then follow it for a ... read more
Hi Rayner, thanks a lot for your effort. I have a question… is valuta trading different then crypto trading? Can I use the same strategies? Thanks in advance! Hi Rayner, your article is really informative and helpful for a new and aggressive trader like myself. It turned out to be a 9R trade. It was my best week in months! dear rayner, i am government servant, now a days we have very long vacations due to corona virus situation, so i can spend a lot time to screen until our vacations end, but after my job, i can spent 3 to 4 hours for trading, my plan is to earn minimum 5 to 6 dollars a day, so please tell me what timeframe and trading strategy is best for me in both, vacations and after my job starts, in these days i am using swing trading and scalping, please reply, what should i do, thanks.
Thanks bro for your enlightment,am a position trader I prefer using a daily chart pin bar combined with trend and areas of value. I already try the swing strategy using FXLeaders and it works well, and while reading these strategies I think I want to try another strategy too. Thank you for sharing.
I rarely compliment someone on these kind of sites, but you are not only a successful trader, you are an appropriate teacher for this subject. I have tested a few German suppliers, running and offering roughly the same business-model as you do, but successful traders, even being eloquent, are often poor teachers. So, here are my regards — and let us know, when you finally move in your penthouse and buy a supercar, because, what else should you do with your money? Let me take more learn from you Rayner.
I can spend all the times in trading. Thanks to your book. andthen if possible,show me the way to improve more than now. Thank you Ray. Rayner, I like the way you teach. It is very simple and comprehensible. Can you please guide me in Trading?. thanks bud. Thank you boss I have learnt a lot from this, I want to be a day trader, and scalping small. i chose day trading and scalping coz i have all my time in a day, and a have a daily goal to achieve..
i have few hours available every day,i would try position trading,thank you for your high spirit to teach the begginers. Thanks for the information.. I am a medical student with limited time and I just started learning about forex trading.. please can I still make an income trading. Hi Rayner , can you describe one rout to be trader for example : 1-Define what trader you are 2-Make Trading Plane 3-Find strategies and master them for differente conditions of market ….
hi Rayner, whats up my friend! im following you for couple of months now. and your advice is the best so far, and i thank you for that. im new in trading i started about year ago just to see what is forex all about.
lost Little money gave up and now im back for couple of months in forex. im trading with my demo account testing myself all that ive learned so far and mostly from you.
Everything here have just been wonderful and awesome thanks RAYNER,am a beginner but i know your the right person to take me through.
I want to know the three strategies so that i can choose my own time….. Position trading, Day trading and scalping then the swing trading…. Thank you so much for the learning sir….
I hope someday I can be a successful trader….. God willing. Thank you so much for your sharing. I happened to explore your website a few days ago. Your teaching is concise and easy to understand. Learning has never been so clear from books and other websites. What else would you recommend? Your Posts have focused my trading more than ever before Rayner , Thank you so much.
I now spend only 30min a day in front of the screen instead of 2 hours end of day data with this now very much streamlined trading system. Forever grateful for you help , thankyou Rayner. Hi Rayner, thanks for sharing your knowledge. I am currently spending most of my time day trading and scalping, but I am still a raw novice learning all the time. lets assume you get home at , and you can trade from 7pmam, is that not enough time?
I have all the time in the world to sit in front of my screen. Which time frames should I focus on Ray. I generally use Price action trading based on technical analysis.
But some time win and some time loose. Prefer daily closing basis US time frame. But I am Indian and some time I miss the exact closing. But I think Swing trading strategy is the best of all. Hi Rayney, this is Bryan from Sydney Australia.
I am currently trying to set up a trading plan by studying your numerous YouTube uploads in conjunction with my cycle analysis. I believe there are trading cycle 1 month or 20 day , primary cycle 20 week or day , seasonal cycle 50 week or day and long term cycle 4 year or week in a market. My trading plan is looking for a position trade of primary cycle in a direction of seasonal cycle. All of this can be done in the daily time frame! Thanks for your TAE method, finding a trend using MAs, support and resistance and price action trading methology….
The SMA defines the long term trend of market. If price is above the SMA, the long term trend is up and vice verse. The 50 and 20 EMA act as an area of value so when price is on or in the 50 and 20 EMA zone, I look to enter a trade in the direction of the long term trend.
In the cycle analysis, there is also a half span cycle which used to identify a cycle low when a prevailing trend is strong. So the half span of primary cycle is 50 EMA. Now, we can state as follow in terms of the cycle analysis. The 30 day trading cycle lows occur when price is on or below the 20 EMA on the daily chart. Similarly, the 20 week primary cycle lows occur when price is on or below the range of 50 and EMA called primary cycle zone.
Therefore, if we can enter the long trade at the cycle lows in up trend or cycle highs in down trend, we could maximise our profit potential and at the same time minimise our loss potential!!! I am trying to return to trade again after 5 years of rest and currently studying the market to set up my trading plan.
Thanks for Rayner to sharing a valuable knowledge and experience of profitable trading. Currently, I am a one trick pony, looking at the ASX index but I like to expand to various Forex, world indices and commodities, If you could help me how to trade in those markets I would be greatly appreciated.
Hi Teo, Am just new on trading but started with cryptocurrency. i need your support on forex trading. I would love to know more about swing trading and scalping strategies please. Looking to derive income at the moment. Thanks a lot for such awnsome witten. You made my day! Finally I know where can I start! At the present, I can look at screen full time and get exited to see dolars come to my account so I chose day and swing trading.
In the fulture when Covi-9 has gone I will back to work so the postion trading would be my choise. Thanks Rayner as I speak I love reading more about trading so that I understand the concept si nce you came close to me the rainbow colour arranged them self… What I am saying I was mixing a lot of things now I understand better… Keep on being with I really appreciate your wonderful work… One of the good days we will mit that will my biggest thanks I ever give anyone..
God bless you. Thank you very much. I enjoy your videos — many thanks. You must understand I am 72 so time is of the essence 😉. Brother thanks for sharing. Great discussion Rayner. Personally, I work a trending method that works top down. I go from Daily, then 4H, then 1H and 15m. The Daily and 4H are for direction setting and the 1H and 15m are for entry and exit.
I use short, medium and long term trendlines and look for trendline breaks. For confirmation I use 2 EMAs and the RSI optional really. I think day trading is suitable for beginners because you can quickly and easily experience more signals within short time.
Is it a bad approach to take a bit of the three and combine it? Thanks for the free content you provide you really give people like me a place to start from and slowly dive into the big world of trading and investing. thank you so much Rayer, im beginner trader , ive full time job and you just gave me an answer of all my questions, id like to learn more from you , thank you brother. I am in Demo acc. for two weeks now….
sorry for disturbunces. You are a resourceful person Rayner. I have been trying swing trading but without much understanding and in the process making loses. Going through yr articles equips me with knowledge.
I preferred swing trading and I want to know how to use it , because I have limited time to work on the screen.. I was a scalper when I started. Now doing day trade and trying to be a swing trader. Thanks for sharing all your knowledge and experiences. Thanks for this wonderful piece of information. Well presented and easy to comprehend.
Pieroo from Uganda. My brother that I am very clear I want to become a day trader While reading the transaction trading I am completely shocked great strategy what you find after completing my day trading course please teach me transaction trading thank you so much my dear bro. I think that i have found my man with you Reynar,i have been trying to learn Forex trading but with all the material i have been using i was getting confused,since i have been watching your videos and reading your ebooks im really progress,so i dnt want to confuse myself anymore,all i want is your resources im now confident that im going be good at this, so im in South Africa anf would really appreciate it,if u could email me relevant material for beginners,i have never traded before,you are amazing men.
Thank you Ryner…. Thank you for the insight. Hello Rayner Though I am new in forex I have devoured two of your of your books the one on reading candle stick pattern and the ultimate guide to price action trading, I found them really helpful, but the transition trading strategy on this article really caught my attention, I would like it if you could expound more on it in subsequent articles.
i use the swing trading strategy. thanks for this post brother! you are blessed sir. you are the best. I prefer swing trading cause I am working at the moment and interested in creating wealth rather than just income. I prefer day trading because I have more free time to my self and also wish to create income. You are a blessing to manytraders. I have been learning using the swing and goes for the 4 hour time frame.
Thanks for sharing your knowledge with me, it has been so helpful. Currently unemployed,hoping to make this an income stream. please help.
Sometimes I close my trades daily and sometimes I hold till next day or days. But I find it hard picking the right currency. Which currency strength meter can I use? Can you help with that? Hi Rayner, i prefer to be a swing trader. Please send me more information about swing trading. It consumes my time yet I make losses at the end of the day. I really need help on this.
This is a trading life changing skills bro. You are blessed and a blessing to many traders who chose to learn from you.
I have been a day trader but now I want to learn from you how to be a good Transaction trader. Please if it pleases you prepare for us the guidance on how to be a successful Transaction trader.
Be blessed abundantly. Much love from Tanzania, East Africa. Thank you for all your help and videos. I am very new to Forex and was wondering what you think of the various approaches that some traders use like Bounceback, GoldCup, Delorean, Harmonics, Pivots etc.
Good common sense info for those considering trading. just start to become a bit more consistent with my trades and profiting slightly. Higher timeframe Please what do you think about it, could it be possible.
I only have interest in crypto currency market trading. Thanks Rayner! your articles have been very helpful. my best trading strategy is the position trading. Hello Rayner Thanks for your continued support for all kinds of traders.
Your selfless nature is incredible. my name is Thabea I am very happy for this email, what I need to do now is to practice practice and practice thank you so much Rayner for everything. hey my friend Teo Many thanks for your hard work and your style of teaching.. I have started trading recently and learnt a lot from your lectures.. I am wondering , you with this knowledge and spend lots of time on trading , why you are not a Million-er by now?
is that because you do not want it or the nature of this business does not allow you to become one? Great article Rayner, thank you very much.
My preferences are both wealth building and swing trading. Your articles have been very useful on improving my understanding of swing trading and I look forward to each new installment. Best wishes and good health to you. Thank you for all your free tutorials. hi i like your work and i wil like to sign in to yr wepsite and more more about tranding. here is my email mthimkulu.
luzeka gmail. com plz send me the link to join. To build up my income stream in order to support my family. Thanks for your Great sharing Best Regards! Hey Rayner, I have been scalping for about a year now, but I make small profits, large losses, I have blown my account twice so far, I think I will try swing trading instead, cheers.
I like your teaching style as most of it makes sense to me. Hi, I really love you bisect forever. I love swing and scalping but seems not to be getting it. Sometimes the whole charts just get messed up without direction. Your help will be most appreciated. hope method3 will apt for me. You really excellent. Thanks a lot. From your videos only I learned how to trade and everything.
But still having doubts with candlestick patterns. If I get a clear idea about bullish and bearish candles it will be really helpful. Thanks for your support. I must says Big thanks to Sir Reyner who open my eyes so deeply to understand candlestick patterns and other strategies to trade forex when to enter trade how to enter and where to exit as now person into the business.
thank you Sir , but please Sir I need more guide because am a scalper trader thanks. Onyema Isaiah. Thanks for the help Rayner. Plan to be a swing and day trader since I have a full time job. Keep up with the good content! Your explanation is thorough and further examples with charts given to explain your theories.
No pressure.. Thank you for such simplicity!! I am indeed grateful to your quick response clarifying all my doubts and showing me the forward path. I am planning for swing trading strategy in equity and commodity. I shall decide about forex after sometime. Thank you once again. The trading strategy that suit me is Day trading because i have enough time and energy to spend in front of the screen.
or how do you make make profit when you go long and when you go short. Please am confused can you kindly make a video of that how To go long and make profit or how to go short and make a profit. Sir I have read and have fully understood every detail written here by you, and at the end of the day I will like to be a day trader and make income from it sir, thank you so much for this great opportunity I await your response sir and God bless you more and more every day sir.
Thank you rayner for your support to beginners like me. It is very useful stuff to start a journey in trading. Information overload drove me nuts until I came across your video when i was searching for Support and Resistance. Your way of teaching is easy to understand and I can relate to the mistakes you point out in every topic you share. I slacked off for several days after I hopped on without any knowledge and lost some.
Thanks to you. I love swing trading eventhough I have never tried it, my fear or doubt being what really makes swingers so comfortable holding trades for hours even months?
Is it fundermental analysis or their technical analysis their drive? If its their fundermental analysis what news do they tradethat drives the markets that long? Am trading VIX 75 and other indices but all in all I am seeing vix75 profitable of the all. I have recently started trading and its so difficult to find what type of trading should i do. I have been loosing my funds.
Recently I have started following your channel on YouTube and I hope to learn from it. There were trades where I went long and the moment everything reversed, I felt I am so unlucky. But now I am looking forward to learn from you guys. Thanks so much Rainer for the help so far. Am very grateful. I used MBEE on oil uptrend and no losses yet but I think I did not apply the system at the right time because the uptrend is slower. Btw I started trading in January 13 without knowing all that I have leant from you today.
At the beginning I think it was luck I happened to make euro in 2 weeks. But as am writing this comment if care is not taking I might end up blowing my account. Thanks to the Book price Action Trading Secrets my eyes are now open on trade. I wish to learn more from you and hope some updates from you.
Thanks a lot Reyner. Hi I am learning a lot by reading the information. I have a lot of time and I can stand in front of the screen for 12 hours. I knew I needed to learn Scalping strategy. I like day trading on the 15 minute chart becuz my personality is impatient, i like to see results within a few mins or hours rather then days…im only just starting trading but already built a lot of confidence and learnt alot from u…thx mate.
I live in South Africa and would like a copy. Is it not possible for me to get a PDF e-book version or is it only available in hardcopy? First; thank you. I am new to trading and lost my opened gains few weeks ago.
A lot of cash. The future is what is now important. Once more thank you. I am a Day trader on my off days. I do position trading too; but after reading this page I have to improve it by defining exits.
Thanks once more and remain blessed for blessing others. I just started really trading real money a couple months ago. I will go with 3 Day Trading, especially breakouts……. that is the only thing that works for me……. Am still trying to figure out who I am,because I feel like am more of a day trader too… Because am still an apprentice for now. Hi there How can i identify entry point in a certain script in future what is most convenient way to set a target price.
Is there any other concept beside support and resistance to set entry and exit points. First and foremost, I want to say thank you very much for the article and everything. I am still a beginner in Forex trading. But I already like news trading because I believe it a huge impact on what happes in the market. i have a quick question though, can I combine trading news, S and R, MACD and candle stick pattern profitably.
Thank you for all your videos on YouTube and the free books. They have been helpful. Help, I find it difficult catching the initial move. I hesitate looking for the entry waiting on break of structure and pullbacks. As I continued to read, I came across Has Your Trading Strategy Stopped Working.
What I learned is having an edge is key. Understanding the law of large number and going back studying the market conditions I won in and much more. Love the content! I choose swing trading cause I still have a full time job.. thank you so much for this wonderful post. Hello Rayner, I use the day trading strategy and sometimes the transition trading works too..
thank you. Thank you Rayner. For now im a beginner in trading. I prefer positional trading. But still lacking for TA and other fundamentals. your videos and books are very educative. Do you have an video on supply and demand? I also would appreciate something on mutilple confluence and entry trigger. SWING TRADING. GOD WILL CONTINUE TO BLESS AND KEEP YOU. LOVE FROM NIGERIA. Thanks RT for this great and eye opening info for newbies like me.
Keep up the good work …. Sir you are talking about the market that we can only trade in three or five markets. If you are talking about asset or other markets such as forex or indices or futures. Please log in again. The login page will open in a new tab. After logging in you can close it and return to this page. Do you feel lost trying to figure which Forex trading strategies to use?
For example: Should you be a day trader, swing trader, position trader, news trader, scalper, or a combination of different forex trading strategies? It can be frustrating, right?
But… When you attempt it, it fails you. Sounds good? Now if your analysis is correct, you could enter at the start of a new trend before anyone else. The beautiful thing about trading is that it accommodates different personality types, and as a result, different trading styles have been developed. And position trading is one of the common trading styles in Forex. Like other trading styles, there are a lot of strategies that go well with it. This article contains everything you need to know about position trading and strategies suitable for it.
Position trading is a trading style that involves holding trades for a long time. Position traders use anything from daily to monthly charts to determine major market trends and trade them. As a result, a trade could last for as long as weeks or even months, as long as the trend is still on. Attributes that characterize positional trading are long-term charts, long-term trades, and trend trading.
How to combine all three in a positional trading strategy? Position trading is all about jumping on an established trend and exiting at the end of the trend. The following strategies are only ways to catch a trend and also know how to spot the end of a trend.
In forex, price does not only move in trends, but also within support and resistance levels. This knowledge is the basis of the support and resistance trading strategy. A position trader sees a support level as a level where price is very unlikely to fall below. When the price falls to this level, it would likely bounce back up. And also from the perspective of a position trader, a resistance level is a level where the price is very unlikely to go beyond. You have to use previous support and resistance levels to predict future support and resistance levels.
These supports and resistances can last for months or years. Since price is likely to bounce off support and resistance levels, you may enter a buy trade at a support level and enter a sell trade at a resistance level. You could use to identify support and resistance levels are technical indicators. An example is the FXSSI Support and Resistance indicator.
When a forex currency pair ranges within a single pair of support and resistance, it is bound to break out at some point. This is the foundation for the position trading breakout strategy. When a currency pair consolidates, you await a breakout. The good thing about this strategy is that it allows you to get in early on major trends.
And usually, the longer the consolidation, the more forceful the breakout. Breakouts also occur at the ends of trends. This is usually a sign of reversal to the opposite trend. When the price breaks out through the support level, traders go short. And when price breaks out through the resistance level, traders go long. You must know how to identify support and resistance levels and learn some trendline trading strategies.
any traders are interested in trading currencies and opt for day trading because it enables them to make the biggest profits. However, it is rather the long-term forex traders, also known as position traders, who are among the more successful traders in practice. Check out the best CFD Trading Forex Brokers of This article deals with position trading strategies, highlights the best practical tips and explains important framework conditions.
The idea behind this approach is to conduct only a few trades but to generate larger individual profits. So while position traders usually aim to earn at least pips per position, their opportunities are much more limited than day trading.
As a result, traders following this strategy need a lot of preparation and good basic knowledge. Position trading shows how to trade on the Forex market over the long term. The aim is to identify a trend and then follow it for a more extended period days, weeks and months. In some cases, some traders follow the trend for several years. For example, speculators like George Soros shorted the British pound heavily in They were sceptical as to whether the United Kingdom could maintain the fixed exchange rates at that time.
The country withdrew the pound from the ERM European Exchange Rate Mechanism on 22 September and Soros made more than a billion pounds with its trades. Now that you have received some general information about position trading, the following section will discuss a concrete strategy for long-term Forex trading.
and there have been some political events that are likely to impact the USD. With the information you have at your disposal, you should now analyze in which direction the USD is likely to move. If you believe that there is a good chance that the currency pair will move in the direction you expect it to, then it would be wise to open a position. Position traders should always take geopolitical factors into account, i.
always keep an eye on current developments in both countries or currency areas. and the eurozone carefully. An important tip for beginners: Do not let your emotions influence your trade. This could seriously damage your performance. Closing a position early and losing potential profits can be a psychological challenge. But this is what is sometimes necessary — and exactly when the trade develops differently than you expected.
Each time you want to open a position, you first estimate in which direction the price could move and how large the price movement could be. You must also ensure that each trade has both a Take Profit and a Stop Loss. Stops are sensible strategies to limit possible losses. You should always observe the following risk limitation principles — regardless of whether you want to start with position trading or day trading. While every trader has a different approach to trading, there are some general guidelines that apply to most position traders.
In some cases, you can use a trading strategy where the pip profit is relatively small, but the SWAP remains moderate. In most cases, you should use comparatively large amounts of capital to get a reasonable risk to reward ratio. As a suitable way to get a better feel for this risk-reward ratio, we recommend that you first use a free of charge but above all risk-free demo account! Steff has been actively researching the financial services, trading and Forex industries for several years.
While putting numerous brokers and providers to the test, he understood that the markets and offers can be very different, complex and often confusing. This lead him to do exhaustive research and provide the best information for the average Joe trader. Your email address will not be published. Save my name, email, and website in this browser for the next time I comment.
Put simply: long-term trading Long-term strategies for Forex and CFD trading How does forex and CFD position trading work? A golden rule: No matter what happens, stick to your strategy!
The best practical tips for long-term trading. READ ALSO. Steffen Droll. Leave a Reply Cancel reply Your email address will not be published. Top Forex Brokers. By Country. Australian Forex brokers. German Forex Brokers. UK Forex Brokers. Italian Forex Brokers. By Account Type. Social Trading. By License. By Instrument. This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish.
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WebDay trading is the most popular and common short-term forex strategy, which usually entails only one trade in a single trading day that isn’t carried out overnight. On the other WebLong-term strategies for Forex and CFD trading. Position trading shows how to trade on the Forex market over the long term. The aim is to identify a trend and then follow it for a WebThere are lots of strategies that suit longer-term traders, but here we're going to focus on two of the most common: position trading and swing trading. What is position trading? WebPosition trading strategies. As with most approaches to trading we’ve covered here, position traders can utilize a huge range of different trading strategies to target profits. Let’s ... read more
For me that involves naked trading with only the MA lines on my candle chart. Me I use Scalping and Day Trading Strategies. This strategy uses a 4-hour base chart to screen for potential trading signal locations. And usually, the longer the consolidation, the more forceful the breakout. Source: Admirals MetaTrader 4, EURJPY, Daily chart between 18 September to 31 May Best conditions All trading offers Promo Contract Specifications Margin Requirements Volatility Protection Cashback Welcome Bonus New Premium Program New. If you are a beginner in trading, I highly recommend you to take a look at our Academy.
I choose swing trading thanks you so much for this wonderful post. Thank you Ray. I generally use Price action trading based on technical analysis. Beside, I would prefer to monitor my trades once is live for that couple of hours, forex strategies position trading. i use the swing trading strategy. Hello Tony.