What the weekly trading?
The weekly trading is a trading approach that is relatively unknown individual investors while many professional uses . It is simply a graphical analysis based on a weekly basis and not on a daily basis as is the case with the intraday trading .This approach can be applied to virtually all financial products : stocks, CFDs , ETFs , futures , commodities , forex , etc. ...Who is the weekly trading?The weekly trading is aimed at individuals who wish to invest in the financial markets by managing their investments themselves but do not have the opportunity due to lack of time or lack of willingness to devote several hours a day trading.Therefore, this approach to trading is ideal for investors considering the financial markets is like a passion or as a means to supplement their income while continuing to have a professional full-time next activity.
What are the benefits of weekly trading compared to intraday trading?
The benefits of the weekly trading are many , including:
time saving as trading requires only 1-2 hours per week to analyze charts against at least a minimum of 8 hours per week for intraday
identify the underlying trend and not fall into the trap of micro- trends and intraday volatility. This is called in the jargon of trading " noise filter " . By focusing on the signals of purchase and sale on a weekly basis , traders focus on the essential, that is the main trend and not micro- movements that are difficult to understand and are often quick to losses
avoid falling into excessive trading. The weekly trading it is ideal for novice traders because it avoids falling into over- trading, which often tend to succumb beginners. Limiting itself to the main trend , the positions are automatically limited which is a guarantee of earnings in the medium and long term
How is the practice in the weekly trading?
The weekly trading is organized in a very simple manner.
It is for the trader to spend one to two hours of his time on the Friday before the close of trading on Monday morning or opening to analyze weekly charts and refine its strategy for the next five working days.
To refine its strategy , it is recommended to perform backtesting by using a technical analysis software as there is a host on the market.
What are the technical indicators should be favored?
A priori, the weekly trading allows the use of all the technical indicators that are valid in intraday . However, the experience can be said that using the candlestick on a weekly basis is much more convincing than on a daily basis .
The notice :
Little used for trading on the Forex market , the weekly trading is nonetheless a useful tool for many individuals who wish to manage their money themselves but do not have the time to do so daily .
Save time and a priori identical performance in intraday trading weekly make a great alternative for anyone who does not want or can not spend several hours a day in front of his trading platform to monitor its position .
The weekly trading is a trading approach that is relatively unknown individual investors while many professional uses . It is simply a graphical analysis based on a weekly basis and not on a daily basis as is the case with the intraday trading .This approach can be applied to virtually all financial products : stocks, CFDs , ETFs , futures , commodities , forex , etc. ...Who is the weekly trading?The weekly trading is aimed at individuals who wish to invest in the financial markets by managing their investments themselves but do not have the opportunity due to lack of time or lack of willingness to devote several hours a day trading.Therefore, this approach to trading is ideal for investors considering the financial markets is like a passion or as a means to supplement their income while continuing to have a professional full-time next activity.
What are the benefits of weekly trading compared to intraday trading?
The benefits of the weekly trading are many , including:
time saving as trading requires only 1-2 hours per week to analyze charts against at least a minimum of 8 hours per week for intraday
identify the underlying trend and not fall into the trap of micro- trends and intraday volatility. This is called in the jargon of trading " noise filter " . By focusing on the signals of purchase and sale on a weekly basis , traders focus on the essential, that is the main trend and not micro- movements that are difficult to understand and are often quick to losses
avoid falling into excessive trading. The weekly trading it is ideal for novice traders because it avoids falling into over- trading, which often tend to succumb beginners. Limiting itself to the main trend , the positions are automatically limited which is a guarantee of earnings in the medium and long term
How is the practice in the weekly trading?
The weekly trading is organized in a very simple manner.
It is for the trader to spend one to two hours of his time on the Friday before the close of trading on Monday morning or opening to analyze weekly charts and refine its strategy for the next five working days.
To refine its strategy , it is recommended to perform backtesting by using a technical analysis software as there is a host on the market.
What are the technical indicators should be favored?
A priori, the weekly trading allows the use of all the technical indicators that are valid in intraday . However, the experience can be said that using the candlestick on a weekly basis is much more convincing than on a daily basis .
The notice :
Little used for trading on the Forex market , the weekly trading is nonetheless a useful tool for many individuals who wish to manage their money themselves but do not have the time to do so daily .
Save time and a priori identical performance in intraday trading weekly make a great alternative for anyone who does not want or can not spend several hours a day in front of his trading platform to monitor its position .
