Im not sure, but im playing on volatility.
If the price moves in one direction up 100 pips, or down 100 pips, and the chance of up or down move is 50%, you can earn money, because you set st at 10 and tp at 100. 50mulitiplied by 100 are the profits,which will be bigger than losses.
Thats the fundamental idea. The market will never be this ideal,but i look for oppurtunities where the market conditions behaves in such a way.
for instance, chances of higher volatility increases when:
1near critical levels,for instance trendlines,pivot points.
2 when the market hasnt done any big movemetns for a longe time/the lesser the currency pair has been moving,higher the chance of bigger volatility.
3macd strategy.
4news time
5 during active market times
6 Indication that a trend will develop.
7 Suitable currency pair.
8 if a currency pair have been in moving in a channel for a long time,chances of a break out will increase.
Any more suggestions of what increases volatility?
If the price moves in one direction up 100 pips, or down 100 pips, and the chance of up or down move is 50%, you can earn money, because you set st at 10 and tp at 100. 50mulitiplied by 100 are the profits,which will be bigger than losses.
Thats the fundamental idea. The market will never be this ideal,but i look for oppurtunities where the market conditions behaves in such a way.
for instance, chances of higher volatility increases when:
1near critical levels,for instance trendlines,pivot points.
2 when the market hasnt done any big movemetns for a longe time/the lesser the currency pair has been moving,higher the chance of bigger volatility.
3macd strategy.
4news time
5 during active market times
6 Indication that a trend will develop.
7 Suitable currency pair.
8 if a currency pair have been in moving in a channel for a long time,chances of a break out will increase.
Any more suggestions of what increases volatility?