Our trading strategy

Our Trading Strategy

We at standfx trade each account manually using price action, fundamental and technical trading strategies. Some strategies used by our trading team are as follows:

Position trading

Is a longer-term trading approach where we can hold trades for weeks .The timeframes we trade on are usually the Daily or Weekly.As a position trader, we mainly rely on fundamental analysis in our trading (like NFP, GDP, Retail sales, and etc.) to give a bias.We also use technical analysis to better time your entries.

Swing trading

is a medium-term trading strategy where we can hold trades for days or even weeks.The timeframes we’ll trade on are usually the 1-hour or 4-hour. As a swing trader, our concern is to capture “a single move” in the market (otherwise called a swing). Hence : We Buy Support, Sell Resistance, Trade breakouts , Trade pullbacks, Trade the bounce of the moving average using Support & Resistance, candlestick patterns, and moving average as a guiding map

Price action trading

Standfx traders study the historical prices to formulate technical trading strategies.we use Price action as a stand-alone technique or in conjunction with an indicator. Fundamentals are seldom used; however, it is not unheard of to incorporate economic events as a substantiating factor. There are several other strategies that fall within the price action bracket as outlined above used by standfx. This we utilised over varying time periods (long, medium and short-term). The ability to use multiple time frames for analysis makes price action trading valued by stabdfx traders.

Fibonacci Retracement Levels

Standfx applied Fibonacci retracements to a variety of markets in the effort of identifying possible support or resistance levels. Our trading strategy also includes Fibonacci Retracement Levels. Fibonacci Retracements are ratios used to identify potential reversal levels. These ratios are found in the Fibonacci sequence. The most popular Fibonacci Retracements are 61.8% and 38.2%. Note that 38.2% is often rounded to 38% and 61.8 is rounded to 62%. Retracement levels alert standfx traders of a potential trend reversal, resistance area or support area.