Today, we will speak about another trading strategy meant for minute charts, with a potential profit of 10-15 points per trade. The characteristic feature of this strategy is the use of the ADX indicator on small timeframes: normally, it is used on daily charts, as its author advised.
The Ten Point trading strategy is well-known by a wide circle of market participants and is based on simple entry rules; the percentage of profitable trades is quite high.
The Midnight trading strategy is a curious way to work on daily charts. It requires very little time from the trader: just assess the charts at midnight, place pending orders, correct and track changes (at midnight only).
Today, I will try to enumerate 7 trading strategies of 2021, which will be especially useful for you if you have not tried some of them yet. Always keep in mind that however beautiful a trading strategy may seem, never rush at using it on real money.
When an uninitiated reader encounters the collocation "financial market", they discern no difference between such terms as "stock market", "exchange", "Forex", "equity market", "bond market", "currency market", "derivative market", etc. So, I think there should be an explanation what the financial market really is. First of all, understand and remember that the financial market is not just a place for trading, but the entire system of the economic relations, which appeared in the process of exchanging different goods and recourses.