Trading Strategies
If you are looking for trading ideas or are simply looking to enhance your current strategy, then you have come to the right place.
Introduction |
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Risk Management and Trading Psychology |
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Taking a Fundamental Approach to Forex Trading |
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Taking a Technical Approach to Forex Trading |
Taking a Fundamental Approach to Forex Trading
Suggested Strategies to trade the Australian dollar with this economic release:
• Before the decision: buy the rumors sell the new strategy:
*If the market expects the RBA to hike, traders may buy the Australian dollar for some time before the announcement and square their position right after the decision.
*If the market expects the RBA to cut interest rate, traders may sell the Australian dollar for some time before the announcement and square their position right after the decision.
• After the decision: Surprise strategy
*If the RBA decision comes in line with expectations, traders may prefer to stay on the sideline.
*If the RBA cuts interest rate while the market was expecting it to hike or to stay on hold, traders may sell the Australian dollar in a very swift trade (1-2 hours).
* If the RBA increase interest rate while the market was expecting to cut or to stay on hold, traders may buy the Australian dollar in a very swift trade (1-2 hours).
*If the market expects the RBA to cut interest rate, traders may sell the Australian dollar for some time before the announcement and square their position right after the decision.
*If the RBA cuts interest rate while the market was expecting it to hike or to stay on hold, traders may sell the Australian dollar in a very swift trade (1-2 hours).
* If the RBA increase interest rate while the market was expecting to cut or to stay on hold, traders may buy the Australian dollar in a very swift trade (1-2 hours).
