Know the characteristics of the market

This is Geko.

As in the previous explanation

• Buy at a low rate and sell at a high rate
• Sell at a high rate and buy at a low rate

This is all you need to do, so the method to profit in FX is simple, but

capital and risk management are items more important than trading itself.

With that in mind, to make a large profit with little capital, you need to undertake trades with a higher probability of winning.




First, let's look at the actual price movement chart (chart) to observe the market characteristics.




First is the pattern where price movement is rising.

In this case, if you buy at the low and settle at the high, you will make a profit.

Next is the pattern where price movement is falling.

In this case, you make a profit if you sell at the high and settle at the low.

Next is a pattern where the price movement is not clearly rising or falling, but moves up and down.

In fact, many FX market patterns are said to be in such range-bound conditions (depending on currency pair and time, though).

However, even in ranging markets, the mechanism to profit is the same.

Buy at the low and settle at the high, or sell at the high and settle at the low

That is to say.