This trading method, created by Ken Wood, is a very simple system. It is even said that for using this method successfully, trading by the rules suggested by the author is enough.
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Synergy strategy may be used not only on Forex but also on futures and stock markets if there are indicators for the respective trading terminals.
In this article, we will discuss the trading methods of a famous Wall Street trader Victor Sperandeo. A long-time experience of trading on exchanges and managing investments as well as several books on trading have brought Sperandeo the popularity he deserves.
In our strategy “Three Moving Averages”, we will use three MAs with different periods. One we will use for trend definition and the remaining three – for the entry and exit signals in the current trend.
Most often, beginner traders consider trading the trend to be a complicated process. Today, we are looking into a simple but efficient strategy called Surfing. Using such a strategy, any trader can pretend a surfer catching a wave to ride. However, here we will not just ride the market waves but will try to make a profit on their peculiar movements.
Linda Bradford Raschke is a famous and talented trader. She was born in the USA in 1959. She has been trading for over 35 years. For the start, she used to help her father when she was young. Then, she worked at the exchange.
I suggest splitting the preparation for trading the news into three parts: choosing the time, preparing a trading plan, and trading in accordance with the plan.