Day Trading

Refers to a style or type of trading where trade positions are opened and closed during the same day. Day trading requires that the trader analyze the market using short term charts (e.g. the 1 minute, 5 minute, 15 minute and 1 hour charts), identify currency pairs that have the potential for moving between 10 and 100 pips, and then executing the trade using this pip range as the target and stop prices. A popular day trading technique is trading the price spike that follows high market impact news releases, in which the trader aims to capture market movement resulting from the price spike following the news release.

By |2018-09-04T14:20:51+00:00September 4th, 2018|0 Comments

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