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Forex Trading Basics and Strategies by zooor is a document available to read on EtoBox.

What is Forex Trading Basics and Strategies about?

1. The document provides information on forex trading techniques using candlestick trends and entry zones. It discusses analyzing major and minor trends on multiple timeframes including daily, 4-hour and 1-hour charts. 2. Entry zones include when the candlestick close price crosses the moving averages and middle Bollinger Band. Stop losses are set at 0.1% of account balance and take profits aim for risk-reward ratios of 1:2 or 1:3. 3. Backtesting is recommended over 3-12 months to establish statistics

Author

zooor

Language

EN