SK-FX trading strategy: an overview of the main principles
When choosing an optimal trading strategy, traders consider several parameters, including versatility and a minimum number of false signals. While no tactic is perfect, some options meet most market success requirements. One such strategy is the SK-FX strategy, considered among the most accurate and reliable.
Strategy principles
At the heart of SK-FX are some rules that are a trader’s guide to the market:
1. Logic. To avoid irrational actions and losses, it is necessary to evaluate every chart movement from a logical point of view and look for patterns.
2. Attention to the big players. The major players are the main drivers of the market, so it is crucial to keep an eye on them in order to understand and predict the situation.
3. Balance. The market is a self-regulating ecosystem that depends on a balance between supply and demand. If this balance is disturbed, the market will tend to return to equilibrium.
Taking these principles into account makes SK-FX one of the best strategies because it allows you to follow the market’s main parameters. According to this strategy, only the monthly price chart provides useful information, as the others record data after analysing a longer timeframe.
Another important parameter of the SK-FX strategy is the self-embedded wave structures or fractal patterns. Focusing on them, the trend change entails the appearance of a reversal on the lower timeframes. Thanks to this, the strategy allows you to define the moment of the reversal, which will occur simultaneously on all timeframes. In addition, the endpoint of the wave pattern on any timeframe will serve as a level at which the market is in equilibrium. The idea that the market tends to harmonise underlies this rule.
Advantages of SK-FX
When using this strategy, the trader obtains an accurate result due to multiple analyses of one parameter. For example, an instrument undergoes testing on 8 or 9 timeframes, including monthly and even minute timeframes.
Advantages of SK-FX:
– allows you to analyse the market situation in any period of time;
– the indicators are displayed in a separate window and are self-scaling, minimising the time lag between price dynamics and the indicator signal;
– reversals are visible on both higher and lower time frames;
– detection of correlations between different timeframes.
Dynamic analysis is the basis of SK-FX forecasts. This is a combination of qualitative and quantitative approaches. It also uses highly sensitive indicators such as moving averages and oscillators to assess dynamics.
