<Last updated 26.04.2020>
Hi! If you are interested in online trading you should think carefully before you trade and take into consideration the below article where I explaining how short-term and long-term trading differs when thinking about strategy.
Short-term trading refers to those trading strategies in which the lifetime of the trade is within a range of few days to few weeks. However, it can also refer to a period of just a few minutes of hours, within the day that is > Intraday trading.
In this case traders care more about:
In such cases of breakout, the trader tries to take advantage of the rapid price move after the breakout and soon closes the trade within minutes.
Other trades last longer but still within the day such as the below:
– Fibonacci retracement levels only after a confirmed shock.
– Use Fibonacci Expansion >> Correctly identifying the levels
The market is influenced by the information investors and traders have available. This information is provided by various sources. The media can be very powerful since the majority of people are observing and analyzing the information provided to them by global leaders in business and financial data such as Bloomberg and Reuters.
Long term opportunities to trade arise in markets that are heavily influenced by the news. Fundamental analysis has to be implemented greatly when there are macroeconomic factors changing that affect the markets.
-Worldwide coordination through the media is possible
-Make sure that you are able to identify changes in trends
Market in the Long-Term is driven and boosted by the news. In this case news on brexit deal are causing volatile markets and long term trend to form. The Brexit news where pushing the GBP higher and higher.
It takes unpredictable Shocks for trends to change .
“I hope I am clear on this one. If not, contact us on social media and we will do our best to help you.
Thank you for reading my articles and watching my videos.”