Forex Day
Day trading strategy simply means buying and selling a security within the same day, that is a day trader cannot hold any open trading position for the next day.
Day trading strategies include scalping, fading, daily pivots, and momentum trading, in all of which several trades can be carried out within a day but all the trading positions should liquidate before the market closure as the longer a position is on hold, the higher the risk of losing it could yield. Depending on the trading style type, the price target may change. Below are reviews of some automated Forex robots using day trading strategies in their algorithms coded and refined by expert Forex developers and proved to be profitable and most safe:
Gold Trader runs completely automated and manages the GOLD investment by capitalizing on the volatility movements of GOLD.
Best Free Scalper Pro is a powerful automated Forex scalping system, one of the FXAutomater family. A reputable ECN Forex broker with very tight spreads, low commissions, and minimal slippage is required as it can confirm the difference between a winning and losing trading system, especially scalping strategy ones.
No Grid, No Hedging, No Martingale, and No Massive StopLoss. But a strong evolved Money Management System.
Smart Scalper PRO is very simple, but it is based on the most proven trading principle since the markets exist – enter the market in the direction of a strong market impulse after a reasonable correction is detected.
Forex Fury follows a combination of time-restricted and scalping strategies. The robot opens all trades within one hour per day in less volatile marketing conditions.
As the name suggests, Forex Combo System is a collection of several subsystems, four to be clear. The most accurate description that fits it is "four different EAs joined together". The result of such an EA could be considered "Pleasant" as you will discover this yourself after some further reading, It's an easy-to-use EA and is one of the most solid automated trading systems that I've ever seen.
Starting from FAPTurbo 2.0 and of course FAPTurbo 3.0 the EA could trade 8 different pairs with an extremely high trades frequency in addition to the crypto-currency Bitcoin, the electronic money that is making news.
Tags
Risk
Forex trading can involve the risk of loss beyond your initial deposit. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.
Forex accounts typically offer various degrees of leverage and their elevated profit potential is counterbalanced by an equally high level of risk. You should never risk more than you are prepared to lose and you should carefully take into consideration your trading experience.
Past performance and simulated results are not necessarily indicative of future performance. All the content on this site represents the sole opinion of the author and does not constitute an express recommendation to purchase any of the products described in its pages.
