Trading strategies today : Forex - EUR GBP CHF AUD CAD rates forecast for Position and Swing Trading


The above may be helpful for Position and Swing Trading.    For Reference Only.   Trading   Commodity   Forex   Stock   Charts

Abbreviations used in the table are:
EUR (EURUSD, Euro to US Dollar rates) GBP (GBPUSD, British Sterling Pound to US Dollar rates) AUD (AUDUSD, Australian Dollar to US Dollar rates) NZD (NZDUSD, New Zealand Dollar to US Dollar rates) CHF (USDCHF, US Dollar to Swiss Franc rates) CAD (USDCAD, US Dollar to Canadian Dollar rates) MXN (USDMXN, US Dollar to Mexican Peso rates) BRL (USDBRL, US Dollar to Brazilian real rates) CNY (USDCNY, US Dollar to Chinese Renminbi Yuan rates) RUB (USDRUB, US Dollar to Russian Ruble rates) JSGD (USDSGD, US Dollar to Singapore Dollar rates) PY (USDJPY, US Dollar to Japanese Yen rates) DXY (US Dollar Index Futures, ICE: DX)

Position Trading : hold a position for the long-term (weeks to months and years) to profit from the move in the primary trend. Swing Trading : a short-term(days to a couple of weeks) trading method and focuses on taking smaller gains. Day Trading : Day trading could make it possible for trader to get some good profits fast. However, it can be very risky. Trader has to sit in front of computer screens and practically glue their eyes to the price action. Day trader should use a risk-management method keeping capital losses to a minimum.