The Forex trading market is more interesting and challenging once you start trading at the pro level. The market is full of opportunities and surprises if you get the hang of it. So, once you are familiar with the basics and have crossed all the initial stages, you should start with advanced trading. There are several advanced trading strategies that you can use to improve your trading game to a great extent. These advanced strategies are basically for experienced traders who want to make their trading journey more exciting. Digital trading platforms like Vintanse Group can assist you in implementing advanced trading strategies with ease. So, if you are an experienced trader and want to level up your trading game, you should know these advanced trading strategies. Now, let me introduce you to some of these strategies so that you can implement them while trading.
1. Counter Trading Strategy with Vintanse Group
In the context of the Forex world Counter trading is the strategy of trading against the market. In order to counter trade first you need to identify a candle that going in the opposite direction of the market trend. For example, you need to find a red candlestick during an uptrend or a green candlestick during a downtrend. If you can identify more than two of these types of candles, there is a huge chance that the market can face a temporary reversal. Taking advantage of this situation you can enter the market at the low price level of a red candle strick and can exit when the price is high producing a green candlestick. You can also set a stop loss at the high end and the bottom end of the price level. On Vintanse Group you can apply this strategy taking advantage of its advanced features of candlestick chart and stop loss. Make sure to observe the marker for a while before implementing the strategy.
2. Position Trading Strategy
It is another effective strategy for the pro traders. In Position Trading, the traders hold and stay put in a position for a longer period of time. The time frame can be several weeks to several months or even a year. In order to successfully execute this strategy you need to monitor the market and make future predictions efficiently. In this strategy, you have to enter the market when it is on a continuous uptrend and hold this position until you see the changes in the market and signs of reversal. With advanced trading tools and real-time news features of Vintanse Group, you will be able to effectively apply this trading strategy.
3. Currency Swap Trading Strategy
In this strategy, you need to keep open a Forex position overnight. Swap is basically the interest you pay for a trade or earn from a trade. In this strategy, you need to keep a long position open overnight once you notice an uptrend in a currency pair. It will help you earn interest. You can try a similar strategy with a downtrend to avoid paying interest. Try out this strategy with the currencies and currency pairs available at Vintanse Group.
