Do we trade FX on Sunday, drop reasons for your answer
I donβt think we trade on weekends cause the market closes on a Friday
ADX Strategy β Use the ADX indicator to measure trend strength before entering.
I see youβre doing some research
Decentralized Network: Forex operates as an over-the-counter (OTC) electronic market without a single physical exchange location.
Where are you doing your research from?
I also heard that you guys had a physical meetup yesterday
Patience Strategy β Wait for your setup to develop completely. Missing a trade is usually better than taking a poor-quality trade.
Trading Journal Review Strategy β Review your past trades regularly to identify strengths, weaknesses, and recurring mistakes
Risk Percentage Strategy β Risk a fixed percentage of your account, such as 1%, on each trade
High Impact News Filter β Avoid opening trades just before major economic news unless your strategy is designed for news trading
A+ Setup Strategy β Only trade your highest-confidence setups that meet all your rules.
One Trade Per Day Strategy β Limit yourself to one high-quality trade each day to reduce overtrading
One Trade Per Day Strategy β Limit yourself to one high-quality trade each day to reduce overtrading.
Break-Even Strategy β Once a trade moves sufficiently in your favor, move the stop-loss to your entry price.
Scale-Out Strategy β Close part of your position as profit grows while letting the rest run
Scale-Out Strategy β Close part of your position as profit grows while letting the rest run.
Counter-Trend Strategy β Trade against the trend only when there is strong confirmation of a reversal.
Trend Continuation Entry β Enter after a pullback confirms that the trend is still intact.
Marubozu Strategy β A full-bodied candle shows strong buying or selling pressure.
Shooting Star Strategy β A shooting star at resistance can indicate sellers are taking control
β A shooting star at resistance can indicate sellers are taking control