{"id":6879,"date":"2019-03-21T08:16:29","date_gmt":"2019-03-21T08:16:29","guid":{"rendered":"https:\/\/www.wasteyourtime.co\/?p=6879"},"modified":"2021-10-13T11:21:19","modified_gmt":"2021-10-13T10:21:19","slug":"simple-forex-trading-strategy","status":"publish","type":"post","link":"https:\/\/traders-paradise.com\/magazine\/2019\/03\/simple-forex-trading-strategy\/","title":{"rendered":"Simple Forex strategy but Profitable"},"content":{"rendered":"<p><em>(Updated Oct. 21)<\/em><\/p>\n<p style=\"text-align: right;\"><i><span style=\"font-weight: 400;\">2 min read<\/span><\/i><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-5027\" src=\"https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/forex-trading-program-how-to-choose-the-best-e1551598423272.jpg\" alt=\"Forex Trading Program - How To Choose The Best\" width=\"800\" height=\"407\" \/><br \/>\n<span style=\"font-weight: 400;\">A simple Forex strategy but profitable is the key to constant long-term profitability. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Why is that?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Because it allows traders to benefit on their advantage without emotions day in and day out. We want to present you a simple but profitable forex trading strategy. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Traders Paradise found it is a <a href=\"https:\/\/en.wikipedia.org\/wiki\/Trading_strategy\">swing trading system<\/a>, and we will trade on a daily chart.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">So it is vital to follow along carefully and make sure that you understand all the steps.<\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_74 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/traders-paradise.com\/magazine\/2019\/03\/simple-forex-trading-strategy\/#Why_swing_is_a_simple_and_profitable_trading_strategy\" >Why swing is a simple and profitable trading strategy?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/traders-paradise.com\/magazine\/2019\/03\/simple-forex-trading-strategy\/#This_simple_profitable_forex_strategy_has_a_few_moving_parts\" >This simple profitable forex strategy has a few moving parts.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/traders-paradise.com\/magazine\/2019\/03\/simple-forex-trading-strategy\/#More_about_Swing_traders\" >More about Swing traders<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/traders-paradise.com\/magazine\/2019\/03\/simple-forex-trading-strategy\/#Back_to_our_simple_and_profitable_forex_trading_strategy\" >Back to our simple and profitable forex trading strategy<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/traders-paradise.com\/magazine\/2019\/03\/simple-forex-trading-strategy\/#The_bottom_line\" >The bottom line<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/traders-paradise.com\/magazine\/2019\/03\/simple-forex-trading-strategy\/#Dont_waste_your_money\" >Don&#8217;t waste your money!<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Why_swing_is_a_simple_and_profitable_trading_strategy\"><\/span><b>Why swing is a simple and profitable trading strategy?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The more simple your trading strategy is, meaning less moving parts, \u00a0the better it performs. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Do you remember from our previous posts: <a href=\"https:\/\/traders-paradise.com\/recommends\/how-to-trade-options\">KISS rule<\/a>!<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Simple means a robust trading system which can manage through many market conditions.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Yes, you may find that many traders use so many <a href=\"https:\/\/traders-paradise.com\/recommends\/monetizing-bitcoin\">different trading indicators<\/a>.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">And they are still looking to be consistent? <\/span><\/p>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/traders-paradise.com\/recommends\/how-to-trade-with-signals\">You have to find what your indicators do.<\/a> That&#8217;s your first task.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Now, get rid of the indicators that really are not benefiting you.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"This_simple_profitable_forex_strategy_has_a_few_moving_parts\"><\/span><b>This simple profitable forex strategy has a few moving parts.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">If you still don\u2019t know them, they are simple to learn.<\/span><\/p>\n<p><a href=\"https:\/\/traders-paradise.com\/recommends\/working-from-home-35-ways-to-make-money-online\"><span style=\"font-weight: 400;\">So, what you have to learn?<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">How to use Fibonacci? <a href=\"https:\/\/traders-paradise.com\/magazine\/2018\/11\/fibonacci-retracement\">Find here&gt;&gt;&gt;<\/a>.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Do you know how to enter a trade? <a href=\"https:\/\/traders-paradise.com\/recommends\/trading-with-success-guide-for-beginners\">Find here&gt;&gt;&gt;<\/a><\/span><\/p>\n<p><span style=\"font-weight: 400;\">And you will need to know how to use <a href=\"https:\/\/traders-paradise.com\/magazine\/2019\/04\/automated-trading-improve-trade\/\">Stochastics indicator.<\/a><\/span><\/p>\n<p><span style=\"font-weight: 400;\">We suppose that you already know what is it.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Stochastic Oscillator is a technical indicator that helps traders determine where a trend might be ending.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The oscillator works on the following hypothesis:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">During an uptrend, prices will remain equal to or above the previous period closing price.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But, during a downtrend, prices will likely remain equal to or below the previous closing price.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Stochastic help you determine if it\u2019s still good for you to enter a trade after a moving average crossover. Also, it helps you to avoid oversold and overbought zones.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b><\/b><\/p>\n<h2><span class=\"ez-toc-section\" id=\"More_about_Swing_traders\"><\/span><b>More about Swing traders<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Swing traders hold their positions for a few days, but rarely more than a week.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Identifying and driving on trends early is the central objective of this trading style. The profit goal tends to be set higher than that of day trading. Hence, the swing trader is expecting that by holding out for a few days, there is a better chance of capturing a larger price movement.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Unlike the day trader, the swing trader has to deal with overnight risk.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Swing trading requires less monitoring of the market. This type of trading is generally favored by people who hold their day jobs.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Honestly, if swing trader wants to be successful, such must still keep up-to-date with the latest fundamental and technical changes in the market. Even if they are not monitoring the market all the time.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Back_to_our_simple_and_profitable_forex_trading_strategy\"><\/span><b>Back to our simple and profitable forex trading strategy<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-6880\" src=\"https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2019\/03\/simple-forex-strategy-but-profitable.jpg\" alt=\"Simple Forex strategy but Profitable\" width=\"800\" height=\"375\" srcset=\"https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2019\/03\/simple-forex-strategy-but-profitable.jpg 800w, https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2019\/03\/simple-forex-strategy-but-profitable-300x141.jpg 300w, https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2019\/03\/simple-forex-strategy-but-profitable-768x360.jpg 768w, https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2019\/03\/simple-forex-strategy-but-profitable-370x173.jpg 370w, https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2019\/03\/simple-forex-strategy-but-profitable-760x356.jpg 760w, https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2019\/03\/simple-forex-strategy-but-profitable-424x199.jpg 424w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">This is the daily chart of the USDJPY Forex pair. \u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">What can you see?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Point 1 is the beginning of the Fib pull<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Mark 2 is where the pull of the Fib tool was ended<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With 3 we marked the zone of the 61.8% retracement level and below that, in the red rectangular area, you can see overbought <\/span><span style=\"font-weight: 400;\">Stochastic.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">4 is point shows the price put in an inside bar\/spinning top candlestick. \u00a0The trade is shorting the lows.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Mark 5 \u00a0is a profit target <\/span><\/p>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/traders-paradise.com\/recommends\/financial-markets-important-guide\">You have to manage your trade<\/a> while it is in progress. Hence, you may be stopped out depending on how tight your stop placement is. \u00a0Many Forex traders make a common mistake. They use too tight a stop because they want a larger position size. Don&#8217;t do that!<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"The_bottom_line\"><\/span><b>The bottom line<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Simple, profitable Forex trading system depends on your skills an affinity.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This is a simple trading system but it\u2019s not easy yet. \u00a0Every trade will not be a winner. The key is whether you can leap back after a loss. \u00a0Anyway, you should test it out to see if it suits you.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you have tested your forex system thoroughly through backtesting and by trading it on a DEMO account for at least 2 months you should feel confident enough to know that as long as you follow your rules, you will end up profitable in the long run.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Trust your system and trust yourself!<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Dont_waste_your_money\"><\/span><strong>Don&#8217;t waste your money!<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/traders-paradise.com\/magazine\/2018\/07\/money-risk-trading\"><b>risk disclosure<\/b><\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Updated Oct. 21) 2 min read A simple Forex strategy but profitable is the key to constant long-term profitability. Why is that? Because it allows traders to benefit on their advantage without emotions day in and day out. We want to present you a simple but profitable forex trading strategy. Traders Paradise found it is [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":6020,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[1017,1012],"tags":[125,868,426],"class_list":["post-6879","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-how-to-start-trading-beginners","category-traders-secrets","tag-forex","tag-simple-forex-strategy","tag-swing-trading"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Simple Forex strategy but Profitable - Which one is it and how to find?<\/title>\n<meta name=\"description\" content=\"Swing traders hold their positions for a few days, but rarely more than a week.Identifying and driving on trends early is the central objective of this trading style. The profit goal tends to be set higher than that of day trading. Hence, the swing trader is expecting that by holding out for a few days, there is a better chance of capturing a larger price movement.Unlike the day trader, the swing trader has to deal with overnight risk.Swing trading requires less monitoring of the market. This type of trading is generally favored by people who hold their day jobs.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/traders-paradise.com\/magazine\/2019\/03\/simple-forex-trading-strategy\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Simple Forex strategy but Profitable - Which one is it and how to find?\" \/>\n<meta property=\"og:description\" content=\"Swing traders hold their positions for a few days, but rarely more than a week.Identifying and driving on trends early is the central objective of this trading style. The profit goal tends to be set higher than that of day trading. Hence, the swing trader is expecting that by holding out for a few days, there is a better chance of capturing a larger price movement.Unlike the day trader, the swing trader has to deal with overnight risk.Swing trading requires less monitoring of the market. This type of trading is generally favored by people who hold their day jobs.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/traders-paradise.com\/magazine\/2019\/03\/simple-forex-trading-strategy\/\" \/>\n<meta property=\"og:site_name\" content=\"Traders-Paradise\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradersParadisecom\" \/>\n<meta property=\"article:published_time\" content=\"2019-03-21T08:16:29+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-10-13T10:21:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2019\/02\/day-trading-stocks-how-to-find-best-trading-platform-4.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1014\" \/>\n\t<meta property=\"og:image:height\" content=\"513\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Editor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Traders_Paradis\" \/>\n<meta name=\"twitter:site\" content=\"@Traders_Paradis\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Editor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/traders-paradise.com\/magazine\/2019\/03\/simple-forex-trading-strategy\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/traders-paradise.com\/magazine\/2019\/03\/simple-forex-trading-strategy\/\"},\"author\":{\"name\":\"Editor\",\"@id\":\"https:\/\/traders-paradise.com\/magazine\/#\/schema\/person\/ce94bb3c5a52307ca7be58f0e7b93ffe\"},\"headline\":\"Simple Forex strategy but Profitable\",\"datePublished\":\"2019-03-21T08:16:29+00:00\",\"dateModified\":\"2021-10-13T10:21:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/traders-paradise.com\/magazine\/2019\/03\/simple-forex-trading-strategy\/\"},\"wordCount\":727,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/traders-paradise.com\/magazine\/#organization\"},\"image\":{\"@id\":\"https:\/\/traders-paradise.com\/magazine\/2019\/03\/simple-forex-trading-strategy\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2019\/02\/day-trading-stocks-how-to-find-best-trading-platform-4.jpg\",\"keywords\":[\"Forex\",\"simple forex strategy\",\"swing trading\"],\"articleSection\":[\"How to Start Trading - Beginners\",\"Traders' Secrets\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/traders-paradise.com\/magazine\/2019\/03\/simple-forex-trading-strategy\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/traders-paradise.com\/magazine\/2019\/03\/simple-forex-trading-strategy\/\",\"url\":\"https:\/\/traders-paradise.com\/magazine\/2019\/03\/simple-forex-trading-strategy\/\",\"name\":\"Simple Forex strategy but Profitable - Which one is it and how to find?\",\"isPartOf\":{\"@id\":\"https:\/\/traders-paradise.com\/magazine\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/traders-paradise.com\/magazine\/2019\/03\/simple-forex-trading-strategy\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/traders-paradise.com\/magazine\/2019\/03\/simple-forex-trading-strategy\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2019\/02\/day-trading-stocks-how-to-find-best-trading-platform-4.jpg\",\"datePublished\":\"2019-03-21T08:16:29+00:00\",\"dateModified\":\"2021-10-13T10:21:19+00:00\",\"description\":\"Swing traders hold their positions for a few days, but rarely more than a week.Identifying and driving on trends early is the central objective of this trading style. The profit goal tends to be set higher than that of day trading. Hence, the swing trader is expecting that by holding out for a few days, there is a better chance of capturing a larger price movement.Unlike the day trader, the swing trader has to deal with overnight risk.Swing trading requires less monitoring of the market. This type of trading is generally favored by people who hold their day jobs.\",\"breadcrumb\":{\"@id\":\"https:\/\/traders-paradise.com\/magazine\/2019\/03\/simple-forex-trading-strategy\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/traders-paradise.com\/magazine\/2019\/03\/simple-forex-trading-strategy\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/traders-paradise.com\/magazine\/2019\/03\/simple-forex-trading-strategy\/#primaryimage\",\"url\":\"https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2019\/02\/day-trading-stocks-how-to-find-best-trading-platform-4.jpg\",\"contentUrl\":\"https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2019\/02\/day-trading-stocks-how-to-find-best-trading-platform-4.jpg\",\"width\":1014,\"height\":513,\"caption\":\"Day trading stocks - How to find best trading platform 3\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/traders-paradise.com\/magazine\/2019\/03\/simple-forex-trading-strategy\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/traders-paradise.com\/magazine\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Simple Forex strategy but Profitable\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/traders-paradise.com\/magazine\/#website\",\"url\":\"https:\/\/traders-paradise.com\/magazine\/\",\"name\":\"Traders-Paradise\",\"description\":\"Talking Algo Trader\",\"publisher\":{\"@id\":\"https:\/\/traders-paradise.com\/magazine\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/traders-paradise.com\/magazine\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/traders-paradise.com\/magazine\/#organization\",\"name\":\"Traders-Paradise\",\"url\":\"https:\/\/traders-paradise.com\/magazine\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/traders-paradise.com\/magazine\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2019\/07\/cropped-TP-Full-Landscape-transparent.png\",\"contentUrl\":\"https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2019\/07\/cropped-TP-Full-Landscape-transparent.png\",\"width\":3816,\"height\":1402,\"caption\":\"Traders-Paradise\"},\"image\":{\"@id\":\"https:\/\/traders-paradise.com\/magazine\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/TradersParadisecom\",\"https:\/\/x.com\/Traders_Paradis\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/traders-paradise.com\/magazine\/#\/schema\/person\/ce94bb3c5a52307ca7be58f0e7b93ffe\",\"name\":\"Editor\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/traders-paradise.com\/magazine\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bb0ccf0e7e25a4fa2fdbb8a41db860a35a9a574a1d7bb9f62b566ee95074f611?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bb0ccf0e7e25a4fa2fdbb8a41db860a35a9a574a1d7bb9f62b566ee95074f611?s=96&d=mm&r=g\",\"caption\":\"Editor\"},\"url\":\"https:\/\/traders-paradise.com\/magazine\/author\/gorica\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Simple Forex strategy but Profitable - Which one is it and how to find?","description":"Swing traders hold their positions for a few days, but rarely more than a week.Identifying and driving on trends early is the central objective of this trading style. The profit goal tends to be set higher than that of day trading. Hence, the swing trader is expecting that by holding out for a few days, there is a better chance of capturing a larger price movement.Unlike the day trader, the swing trader has to deal with overnight risk.Swing trading requires less monitoring of the market. This type of trading is generally favored by people who hold their day jobs.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/traders-paradise.com\/magazine\/2019\/03\/simple-forex-trading-strategy\/","og_locale":"en_GB","og_type":"article","og_title":"Simple Forex strategy but Profitable - Which one is it and how to find?","og_description":"Swing traders hold their positions for a few days, but rarely more than a week.Identifying and driving on trends early is the central objective of this trading style. The profit goal tends to be set higher than that of day trading. Hence, the swing trader is expecting that by holding out for a few days, there is a better chance of capturing a larger price movement.Unlike the day trader, the swing trader has to deal with overnight risk.Swing trading requires less monitoring of the market. This type of trading is generally favored by people who hold their day jobs.","og_url":"https:\/\/traders-paradise.com\/magazine\/2019\/03\/simple-forex-trading-strategy\/","og_site_name":"Traders-Paradise","article_publisher":"https:\/\/www.facebook.com\/TradersParadisecom","article_published_time":"2019-03-21T08:16:29+00:00","article_modified_time":"2021-10-13T10:21:19+00:00","og_image":[{"width":1014,"height":513,"url":"https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2019\/02\/day-trading-stocks-how-to-find-best-trading-platform-4.jpg","type":"image\/jpeg"}],"author":"Editor","twitter_card":"summary_large_image","twitter_creator":"@Traders_Paradis","twitter_site":"@Traders_Paradis","twitter_misc":{"Written by":"Editor","Estimated reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/traders-paradise.com\/magazine\/2019\/03\/simple-forex-trading-strategy\/#article","isPartOf":{"@id":"https:\/\/traders-paradise.com\/magazine\/2019\/03\/simple-forex-trading-strategy\/"},"author":{"name":"Editor","@id":"https:\/\/traders-paradise.com\/magazine\/#\/schema\/person\/ce94bb3c5a52307ca7be58f0e7b93ffe"},"headline":"Simple Forex strategy but Profitable","datePublished":"2019-03-21T08:16:29+00:00","dateModified":"2021-10-13T10:21:19+00:00","mainEntityOfPage":{"@id":"https:\/\/traders-paradise.com\/magazine\/2019\/03\/simple-forex-trading-strategy\/"},"wordCount":727,"commentCount":0,"publisher":{"@id":"https:\/\/traders-paradise.com\/magazine\/#organization"},"image":{"@id":"https:\/\/traders-paradise.com\/magazine\/2019\/03\/simple-forex-trading-strategy\/#primaryimage"},"thumbnailUrl":"https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2019\/02\/day-trading-stocks-how-to-find-best-trading-platform-4.jpg","keywords":["Forex","simple forex strategy","swing trading"],"articleSection":["How to Start Trading - Beginners","Traders' Secrets"],"inLanguage":"en-GB","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/traders-paradise.com\/magazine\/2019\/03\/simple-forex-trading-strategy\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/traders-paradise.com\/magazine\/2019\/03\/simple-forex-trading-strategy\/","url":"https:\/\/traders-paradise.com\/magazine\/2019\/03\/simple-forex-trading-strategy\/","name":"Simple Forex strategy but Profitable - Which one is it and how to find?","isPartOf":{"@id":"https:\/\/traders-paradise.com\/magazine\/#website"},"primaryImageOfPage":{"@id":"https:\/\/traders-paradise.com\/magazine\/2019\/03\/simple-forex-trading-strategy\/#primaryimage"},"image":{"@id":"https:\/\/traders-paradise.com\/magazine\/2019\/03\/simple-forex-trading-strategy\/#primaryimage"},"thumbnailUrl":"https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2019\/02\/day-trading-stocks-how-to-find-best-trading-platform-4.jpg","datePublished":"2019-03-21T08:16:29+00:00","dateModified":"2021-10-13T10:21:19+00:00","description":"Swing traders hold their positions for a few days, but rarely more than a week.Identifying and driving on trends early is the central objective of this trading style. The profit goal tends to be set higher than that of day trading. Hence, the swing trader is expecting that by holding out for a few days, there is a better chance of capturing a larger price movement.Unlike the day trader, the swing trader has to deal with overnight risk.Swing trading requires less monitoring of the market. This type of trading is generally favored by people who hold their day jobs.","breadcrumb":{"@id":"https:\/\/traders-paradise.com\/magazine\/2019\/03\/simple-forex-trading-strategy\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/traders-paradise.com\/magazine\/2019\/03\/simple-forex-trading-strategy\/"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/traders-paradise.com\/magazine\/2019\/03\/simple-forex-trading-strategy\/#primaryimage","url":"https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2019\/02\/day-trading-stocks-how-to-find-best-trading-platform-4.jpg","contentUrl":"https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2019\/02\/day-trading-stocks-how-to-find-best-trading-platform-4.jpg","width":1014,"height":513,"caption":"Day trading stocks - How to find best trading platform 3"},{"@type":"BreadcrumbList","@id":"https:\/\/traders-paradise.com\/magazine\/2019\/03\/simple-forex-trading-strategy\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/traders-paradise.com\/magazine\/"},{"@type":"ListItem","position":2,"name":"Simple Forex strategy but Profitable"}]},{"@type":"WebSite","@id":"https:\/\/traders-paradise.com\/magazine\/#website","url":"https:\/\/traders-paradise.com\/magazine\/","name":"Traders-Paradise","description":"Talking Algo Trader","publisher":{"@id":"https:\/\/traders-paradise.com\/magazine\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/traders-paradise.com\/magazine\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/traders-paradise.com\/magazine\/#organization","name":"Traders-Paradise","url":"https:\/\/traders-paradise.com\/magazine\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/traders-paradise.com\/magazine\/#\/schema\/logo\/image\/","url":"https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2019\/07\/cropped-TP-Full-Landscape-transparent.png","contentUrl":"https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2019\/07\/cropped-TP-Full-Landscape-transparent.png","width":3816,"height":1402,"caption":"Traders-Paradise"},"image":{"@id":"https:\/\/traders-paradise.com\/magazine\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/TradersParadisecom","https:\/\/x.com\/Traders_Paradis"]},{"@type":"Person","@id":"https:\/\/traders-paradise.com\/magazine\/#\/schema\/person\/ce94bb3c5a52307ca7be58f0e7b93ffe","name":"Editor","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/traders-paradise.com\/magazine\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/bb0ccf0e7e25a4fa2fdbb8a41db860a35a9a574a1d7bb9f62b566ee95074f611?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bb0ccf0e7e25a4fa2fdbb8a41db860a35a9a574a1d7bb9f62b566ee95074f611?s=96&d=mm&r=g","caption":"Editor"},"url":"https:\/\/traders-paradise.com\/magazine\/author\/gorica\/"}]}},"_links":{"self":[{"href":"https:\/\/traders-paradise.com\/magazine\/wp-json\/wp\/v2\/posts\/6879","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/traders-paradise.com\/magazine\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/traders-paradise.com\/magazine\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/traders-paradise.com\/magazine\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/traders-paradise.com\/magazine\/wp-json\/wp\/v2\/comments?post=6879"}],"version-history":[{"count":3,"href":"https:\/\/traders-paradise.com\/magazine\/wp-json\/wp\/v2\/posts\/6879\/revisions"}],"predecessor-version":[{"id":28058,"href":"https:\/\/traders-paradise.com\/magazine\/wp-json\/wp\/v2\/posts\/6879\/revisions\/28058"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/traders-paradise.com\/magazine\/wp-json\/wp\/v2\/media\/6020"}],"wp:attachment":[{"href":"https:\/\/traders-paradise.com\/magazine\/wp-json\/wp\/v2\/media?parent=6879"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/traders-paradise.com\/magazine\/wp-json\/wp\/v2\/categories?post=6879"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/traders-paradise.com\/magazine\/wp-json\/wp\/v2\/tags?post=6879"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}