Here's a powerful, easy-to-use long-term trading strategy that you can use in the Forex market. This particular strategy employs the monthly Trade Triangles for both trend and timing. Unlike our short-term and intermediate-term FX strategies, the long-term approach uses a "stop and reverse" type method.
This particular strategy is far less active than both our short and intermediate-term FX strategies. This trading strategy is best suited for long-term investors who enjoy holding a position in the market for months at a time. Unlike the other strategies, this long-term strategy requires that you only enter your SAR order(s) on average once a month. This 5 minute video walks you through the actual trading signals of this strategy from 5/20/09. At the end of the video, you'll be able to see every trade and how each trade fared. Nothing has been left out, you'll see every profitable and losing trade over almost a 5 year period.
MarketClub's long-term FX strategy captures the large moves in the Forex markets in a way that is different from other trading approaches. Like any trading strategy, good money management and diversification reduces your risk and magnifies your opportunities. For any kind of trading you need to manage your losses and MarketClub's long-term FX trading strategy helps take care of that for you.
What are the pros and cons of this particular trading strategy?
PROS:
• Easy to follow and implement.
• No grey areas, the program shows you with visual Triangles the market’s long-term direction.
• This trading strategy is best suited for investors who are long term investors and not active in the markets.
CONS:
• If you are uncomfortable staying in the market for extended periods of time in one direction, then this strategy is not for you.
Be sure to watch the video all the way through to the end, as I share with you a little FX secret that is pretty much unknown to most Forex traders.
If you decide that this particular strategy fits your needs, think about putting it to work as part of your overall portfolio and see how it works for you.
Every success using MarketClub’s long-term FX trading strategy.
Adam Hewison
President, INO.com
Co-Creator, MarketClub
P.S. We also have FX strategies for short and intermediate-term traders.
I'm relatively new in this industry. I would love to get some basic knowledge. Thanks!