Tickmill allows any kinds of trading strategies on MT4 platforms.
Popular Profitable trading strategies
No matter what kind of currency pairs you are trading, you will need a set of sound trading strategies.
Here are some of the most common trading approaches to trade the major currency pairs.
The key principle behind scalping is making a lot of small trades and profit on small price changes.
Day traders tend to close their positions when the market closes to avoid the added costs and risks of holding a position overnight.
The main tenet of position trading is holding a position for a long period of time – from several days to a few weeks or even months.
This trading strategy involves trading around a major news event or data release aiming to profit from volatility that might occur following the event.
Swing traders rely primarily on technical indicators to find short-term price patterns to trade, aiming to lock in gains in short periods of time.
This is a long-term strategy where traders capitalise on trends that entail large moves in the markets.
Positions are usually held open as long as the trend lasts.