Trading strategy is based on very important rules:
First, an analysis of the current market situation. In other words, whether the market is in a clear general trend or the market is suffering from imbalance and lack of clarity of movement, and there are many tools to help in determining the market conditions you can choose from what suits you.
Second: How to enter the market: In other words, what are the reasons that make you decide to enter the market? Do you rely on entering the market on the supply and demand areas or on the penetration of subsidies and resistors, and what are the most effective price models that you can accurately determine, which if you find on the chart can not be ignored and considered a good opportunity to enter the market. The market access method also includes choosing the right timing for trading.
Thirdly, what currency pairs do you think are suitable for you in your trading: Do you prefer major currency pairs or cross currency pairs with respect to (SPRED).
Fourth: Capital management in terms of (stop loss - profit limit - maintain profits) taking into account the amount of money you own in your trading account.
Fifth: Method of exit: include:
1) If the target is approaching the target in a short time and the market continues in the direction of the transaction, do you close the transaction or hold a portion of the profits and continue in the market.
2) - If the market moves against your deal: Will you close the deal and exit the market on a loss or waiting for the market may move in your hand?