7 Best Trading Strategies for the Indian Market.

Visit Website.
New to Olymp Trade?
Important!
Review
REGISTER
1 Best Brokers in 2019
  • Register on the platform
  • Complete the interactive tutorial
  • Choose one of the strategies
  • Practice using a demo account
  • Make a deposit and become an expert
Earn real money with your phone.

Are you a trader in India? I am sure you’ve been seeking to find some robust strategies to help you earn consistently on Olymp Trade.

Well, today on this post I will show you 7 best trading strategies for the Indian market.

It doesn’t matter that you just started trading yesterday or just a few minutes ago.

With these strategies, you can enhance your skills on the demo account or even use them to make real money on your live account.

Also Read: – HOW TO MAKE MONEY IN OLYMP TRADE INDIA.

Visit Website.
New to Olymp Trade?
Important!
Review
REGISTER
1 Best Brokers in 2019
  • Register on the platform
  • Complete the interactive tutorial
  • Choose one of the strategies
  • Practice using a demo account
  • Make a deposit and become an expert
Earn real money with your phone.
  1. Scalping.

What is scalping?

Scalping is a fast paced approach to trading. You analyze charts, execute trades and exit them, all in matters seconds or minutes.

Are you that trader who likes fast results?

Can you afford the demands of fast paced trading which scalping is?

Well, you need to learn how to analyze data very fast to know where the price will head in the next minute, then trade in that direction.

Visit Website.
New to Olymp Trade?
Important!
Review
REGISTER
1 Best Brokers in 2019
  • Register on the platform
  • Complete the interactive tutorial
  • Choose one of the strategies
  • Practice using a demo account
  • Make a deposit and become an expert
Earn real money with your phone.

Placing very many trades in a day, all of which you enter and exit fast, is the whole idea of scalping.

Newbie traders find it hard analyzing chart data with speed, but experienced traders, not all though, have the advantage of fast data analysis.

Though so many traders have made huge profits in the Indian markets scalping, you realize that scalping may not be for everyone.

But if it sounds like something you can do, why not go ahead and trade using the scalping strategy?

  1. Intraday Trading.

Intraday trading is a trading strategy which involves placing many trades in a day and closing all pending trades before the markets closes (that same day).

Did you know that Intraday trading is also called day trading?

I thought you should know so that you don’t get confused the next time one word is used to mean the other.

Visit Website.
New to Olymp Trade?
Important!
Review
REGISTER
1 Best Brokers in 2019
  • Register on the platform
  • Complete the interactive tutorial
  • Choose one of the strategies
  • Practice using a demo account
  • Make a deposit and become an expert
Earn real money with your phone.

In intraday trading, you mostly use higher time frames such as 5 minutes, 10 minutes, 30 minutes, 1 hour chart and so on.

This is because you are aiming to profit from a wider perspective of the market than in scalping.

Analyze charts on 5 minute to 1 hour time frames and make more conclusive trading decisions.

The number of trades here is also less than in scalping.

Remember, your aim is to profit from the best trading opportunities like the biggest price swings of that day.

Therefore, be patient and wait for the best trading opportunities the day can offer and trade them.

  1. Swing Trading.

Holding positions for a few days before exiting is called swing trading.

The goal of swing trading is to profit from price swings that occur over several days continuously before they halt.

How do you swing trade then?

Analyze your charts on high time frames like 4 hour, a day or even several days. You will see which swings have a probability of occurring for several days nonstop.

Once you have carefully analyzed a high time frame chart, then enter a position fearlessly.

Visit Website.
New to Olymp Trade?
Important!
Review
REGISTER
1 Best Brokers in 2019
  • Register on the platform
  • Complete the interactive tutorial
  • Choose one of the strategies
  • Practice using a demo account
  • Make a deposit and become an expert
Earn real money with your phone.

You must target a reasonable profit and tame the trade with a Stop Loss so that your account balance is not jeopardized.

  1. Position Trading.

This trading strategy involves holding positions over longer periods such as weeks and months.

What is the goal of position trading?

To profit from those price moves which occur over long periods such as weeks and months before they reverse.

The way to position trade is to begin by analyzing long time frame charts such as day charts and week charts.

That way, you get the perspective of the price over a high time frame and you also have more data to act on before making trading decisions.

Once you have analyzed and spotted a potential price move which might last for weeks or months, enter a position.

You should never forget that things may go south, so use a Stop Loss and then a Take Profit to target a reasonable amount of returns.

  1. News Trading.

What News trading means is exactly what you think – trading in response to news releases.

So you need to always be up-to-date with news events.

Once you get any relevant news to the asset you wish to trade, go ahead and open your position in the direction the news implies.

Are you wondering what all this means and how to actually effect it?

Well, let me explain. The Indian market offers so many assets including currencies and stocks.

Economies and banks are always releasing currency news in response to economic situations. Companies are also always releasing reports of their performance and changes.

You can use this information to buy assets in respect to positive news and sell them when a negative news comes up.

This is usually referred to as fundamental analysis and it is that simple to undertake. As long as you have enough time.

  1. Candlestick Chart Trading.

When traders employ heavy reliance on the candlestick chart type, the technique is called candlestick chart trading.

It involves setting your chart from all other types to candlesticks and then analyzing patterns to spot trading signals.

Candlesticks form candlestick patterns either singly or in groups.

Such patterns are the whole point of using the candlestick charts.

Traders use them to shape their trading decisions.

Common bullish candlestick patterns to look out for are the hammer, morning star, piercing line and the three white soldiers.

Visit Website.
New to Olymp Trade?
Important!
Review
REGISTER
1 Best Brokers in 2019
  • Register on the platform
  • Complete the interactive tutorial
  • Choose one of the strategies
  • Practice using a demo account
  • Make a deposit and become an expert
Earn real money with your phone.

On the other hand, common bearish candlestick patterns include the hanging man, evening star, dark cloud cover and the three black crows.

  1. Range and Breakout Trading.

Ranges and breakouts go together.

A range is a situation where the price trades within an upper and lower level without breaking such levels. A breakout is when the price finally trades out of such levels and rallies away from the range.

How do you trade ranges in the Indian market?

By buying when the price is at the lower level and selling when the price is at the upper level.

Be sure that the price is not breaking out by first allowing the price to retest the level before entry.

Trade breakouts in the direction they occur, but by first allowing successful retesting of the broken level without the price returning into the range.

Wrapping up on the 7 Best Trading Strategies for the Indian Market.

You do not have to guess-trade all your life.

Make use of the above fool proof trading strategies alongside proper money management to win more trading.


*Risk warning:

The information provided does not constitute a recommendation to carry out transactions. When using this information, you are solely responsible for your decisions and assume all risks associated with the financial result of such transactions.
 

Start Trading 

Related Posts


The CCI Divergence Trading Strategy

Top 5 CCI Trading Strategies for Olymp Trade.

What is CCI? CCI stands for Commodity Channel Index. The Commodity Channel Index (CCI) is a technical indicator that compares the current price of an asset to the average price over a given number of ....

Aroon Signal Threshold.

Top 5 Aroon Trading Strategies for Olymp Trade.

What is the Aroon? Aroon is a technical indicator that shows trend changes in the price of an asset and the strength of the trend. It also gives bullish and bearish entry signals. In matters ....

The DeMarker-Price Action Strategy

Top 5 DeMarker Trading Strategies for Olymp Trade.

What is DeMarker? The DeMarker is a technical oscillator that measures the demand of an asset, usually abbreviated as DeM. It works by comparing the most recent high and low prices to the previous high ....

Bearish Signal confirmation

Top 5 MACD Trading Strategies for Olymp Trade.

What is MACD? Are you new to trading and are wondering what MACD is? MACD stands for the Moving Convergence Divergence. It is one of those trading tools that technical analysis traders use to identify ....

Stochastic-Channel Trading Strategy.

Top 5 Stochastic Trading Strategies for Olymp Trade.

What is Stochastic? Did you just begin your journey in trading, tried to flip open that trading platform, found the stochastic indicator, and are wondering what sort of thing Stochastic is? Stochastic is an oscillator ....

Bearish Harami reversal candlestick pattern

How to Trade the Harami Reversal Candlestick Pattern in 2021.

What is the Harami Reversal Candlestick Pattern? The Harami reversal candlestick pattern is a two-candlestick trend reversal setup. Harami in Japanese means ‘pregnant’. It takes this name because it resembles an expectant mother. The pattern ....

Runaway Gaps

How to Trade Runaway Gaps in Olymp Trade.

What are Market Gaps? Market gaps are areas where the price skipped and did not trade. A market trading upwards may skip an area on the chart and the next candlestick opens higher than the ....

Observe Price Swings.

How to Identify a Trending Market without Indicators.

What is a Trending Market? A trending market is one whose price shows sustained momentum towards a particular direction. If the price shows sustained momentum upwards, then the market is trending upwards. However, if the ....

Is $100 Enough to Start Trading Forex?

Is $100 Enough to Start Trading Forex?

If you are new to Forex and Fixed Time Trading then chances are you have wondered how much you need to start trading. Should you start with the minimum amount brokers allow as a minimum ....

Inside bar trading strategy

How to Make Money Trading the Inside Bar Strategy.

What is the Inside Bar? The Inside Bar is a candlestick whose whole dimension is contained within the dimension of a previous candlestick. It is a candlestick pattern that comprises first the mother candlestick, then ....

Pullback Trading

How to Trade Pullbacks in Olymp Trade like a Pro.

What are Pullbacks? To trade pullbacks on Olymp Trade like a pro, you must first understand what pullbacks are. Pullbacks, also called retracements, are periods of price correction before the primary trend resumes. The price ....

7 Best Trading Strategies for Volatile Markets.

7 Best Trading Strategies for Volatile Markets.

Volatile Markets are those markets where the price rises and falls rapidly and sharply. That means there are very fast and wide price fluctuations in the markets. Did you know that volatile markets present the ....

7 Best Trading Strategies for a Small Account.

7 Best Trading Strategies for a Small Account.

Do you have or intend to hold a small Forex or Fixed Time Trading Account? Are you wondering which strategies are suitable for a small account? Then you are in the right place. In today’s ....

7 Best Day Trading Strategies that Work.

7 Best Day Trading Strategies that Work.

If you are a day trader, you must be looking for day trading strategies that work. But your search from other sources must have always proven unfruitful. That might be the very reason you are ....

How to Make Money with Non-Directional Strategies

How to Make Money with Non-Directional Strategies

What are Non-Directional Strategies? Non-Directional Strategies are neutral strategies that are not based on the direction the market moves. Whether markets move up or move down, these strategies will generate profits. They are the complete ....

Forex Overlapping Fibonacci

Understanding the Forex Overlapping Fibonacci Trade Strategy

What is the Forex Overlapping Fibonacci Trade Strategy? The Forex Overlapping Fibonacci Trade Strategy is a forex trading strategy which utilizes the confluence of Fibonacci levels with other Fibonacci levels, support levels, resistance levels, pivot ....

Top fixed time trade strategies for Olymp Trade

Top Fixed Time Trade Strategies that Work in Olymp Trade

Top Fixed Time Trade Strategies that Work. Breakout Strategy. Gap Fill Strategy. Support and Resistance Strategy. Moving Average Strategy. 1. Breakout Strategy. This is one of the common forex trading strategies. Prices of assets move in ....

5 Best Trend Trading Strategies for Beginners.

5 Best Trend Trading Strategies for Beginners.

Did you just begin Forex Trading in Olymp Trade? Then chances are, you have traded with the naked eye, lost, and are now looking for best beginner forex trading strategies to improve your winnings.  And ....

Best Trading Strategies - How to Use Technical Indicators to Come up With Olymp Trade Trading Strategies.

5 Best Trading Strategies of 2020

Can I tell you one thing about trading strategies? They need continuous improvement. Market conditions are not rigid but fluctuate now and then. That calls for flexibility and adaptability on the part of the trader ....

Best Strategies for Olymp Trade FTT

7 Best Strategies for Olymp Trade FTT Trading

Imagine a captain sailing a ship without the compass direction and the map of the voyage, what do you think would happen?  Wouldn’t that be an aimless and almost impossible journey? Well, such is trading. ....

Read More
 
Visit Website.
New to Olymp Trade?
Important!
Review
REGISTER
1 Best Brokers in 2019
  • Register on the platform
  • Complete the interactive tutorial
  • Choose one of the strategies
  • Practice using a demo account
  • Make a deposit and become an expert
Earn real money with your phone.

Tagged With :

Comment on this post