multiday forex strategies

[⭐ agares]

Greetings to all the community.

Please I approached recently to FOREX and I was studying multi days strategies in forex.

Please someone can advise some site/video ?

 

Please note that I am trading indexes and futures from years, so I know well correlation betwen crosses, relationship between Yen and vix and so on

I already followed the course of Kreil too PFTM, so I have an idea of the economics behind

 

But the majority of the strategies which I found until now are intraday or in the best case will remain in position only 2 or 3 days.

I am searching to study strategies with no leverage which would remain in position weeks too.

 

Thanks in advance for the guidance.

[ootl10]

Kreil has fundamental analysis

test holding positions over 2 or 3 days if the result changes

pairs trend long time increase your stops and you can hold

[⭐ agares]

Kreil has fundamental analysis

test holding positions over 2 or 3 days if the result changes

pairs trend long time increase your stops and you can hold

 

yes fully right

And I am always thinking to all without leverage

For this reason I would like to study multiday / multiweek

My goal is not to stay in position few days but weeks and months

[ootl10]

brokers can reduce leverage

you have to reduce at higher balances

go from 500 1 to 50 1 down to 1 1

leverage product like ETF or CFD invest half your amount

 

fundamental and macro are these multiweek trades

 

[⭐ agares]

right ootl10

but in a practical way....do you know systems /strategy courses which discuss of this?

 

[siba]

Multi days strategy means swing trading strategies ?

[⭐ agares]

It means multi days, and as stated above something from 3 days to 90 to give an idea. it can be swing or breakout, this is not relevant. The important things is that is effective

[siba]

I don't know your orientation but can suggest a few,

 

1. Wyckoff trading materials ( I guess you know)

2. Master the Market by Tom Williums and Other VSA stuff. (I think it will not help you in FOREX market, not sure though)

3. Time Compression Trading: Exploiting Multiple Time Frames in Zero–Sum Markets.

4. BTMM/ ICT/ WWA Strategies ( Order block and Wyckoff combination, Very popular but I am not familiar though)

5. Encyclopedia Of Chart Patterns.

6. Coghlan Materials.

 

 

 

 

 

 

 

 

 

Edited June 1, 2021 by siba

[⭐ agares]

thanks I never followed wykof so I will try to recover and learn

 

[Guest machete]

Multi days strategy means swing trading strategies ?

 

Yes almost all swing strategies are based on daily timeframes because there are almost no reliable swings on lower timeframes.

[⭐ agares]

Thanks machete very interesting

[⭐ suresh.hacker]

WWA Strategies [/b]

 

Could you please share that WWA strategies study materials?

 

Kind Regards

 

[siba]

I would love to but I have deleted those files as I don't find them useful for me. May be some member here would share it for you.

[Guest DenverPhilips]

What are multiday forex strategies, and is it similar to scalping strategies that can bring consistent profit?

[⭐ agares]

no exactly the opposite. I am speaking of strategies where the TR if daily and you remain in position many days

[Guest Siyan jheel]

The best strategy in the Forex Trading is to change the strategies from time to time to become successful trader.