How to do intraday trading on Exness
Understanding Intraday Trading on Exness
Intraday trading focuses on taking advantage of small price fluctuations within a single trading day. The trader typically exits all positions before the market closes to avoid overnight risk. On Exness, traders can access a wide range of instruments such as forex pairs, metals, indices, and cryptocurrencies. This variety enables flexibility in choosing markets based on volatility and liquidity.
Key Features of Exness for Intraday Trading
- Leverage Control – Adjust leverage to suit your risk appetite.
- Tight Spreads – Helps lower transaction costs across frequent trades.
- Reliable Execution – Fast trade execution via MetaTrader 4 and MetaTrader 5.
- Real-Time Charts and Indicators – Provides updated price data and technical analysis tools.
Essential Tools for Intraday Trading on Exness
To trade effectively within a day, you need to rely on tools that help in timing your entries and managing risk.
Recommended Tools
- Technical Indicators – Moving Averages, RSI, MACD, and Bollinger Bands help identify setups.
- Economic Calendar – Displays upcoming data releases that may cause volatility.
- Risk Calculator – Helps you size your trades appropriately based on stop-loss and target.
- Stop-Loss/Take-Profit Tools – Automatically manage your risk and lock in profits.
Intraday Trading Strategies on Exness
Having a clear strategy increases consistency and helps manage risk. Below are three approaches you can test:
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Scalping
A high-frequency method where traders make many trades, often holding positions for just seconds or minutes. Works best during high liquidity hours with low spreads.
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Momentum Trading
Traders look for assets moving sharply in one direction with volume support. The idea is to ride the wave until signs of exhaustion appear.
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Breakout Trading
This involves trading when price moves beyond key support or resistance levels. Confirmations are typically required before entry, such as volume spikes or candlestick patterns.
Timing and Sessions
Choosing the right time to trade can significantly impact your results. Market activity varies during global trading sessions.
Major Trading Sessions
| Session | Time (GMT) | Characteristics |
|---|---|---|
| Asian Session | 00:00 - 09:00 | Lower volatility, more stable price moves. |
| European Session | 07:00 - 16:00 | High liquidity and price action, strong trends. |
| US Session | 13:00 - 22:00 | Overlaps Europe; increased volatility. |
Account Types Comparison for Intraday Trading
Each Exness account type offers different features. Here's how they compare for intraday purposes:
| Account Type | Spread Type | Commission | Best Use Case |
|---|---|---|---|
| Standard | Variable | None | Beginners and low capital |
| Zero | Fixed Zero | From $0.2 | Scalping and fast trades |
| Raw Spread | Tight | From $3.5 | High-frequency traders |
Risk Management
Protecting your capital is critical in intraday trading, where rapid decisions are the norm.
Risk Management Techniques
- Use Stop-Loss Orders – Automatically exit if price moves against you.
- Set Take-Profit Targets – Lock in profits before trends reverse.
- Control Position Size – Match your trade size to your risk tolerance.
- Avoid Overleveraging – Even though leverage is available, using too much can amplify losses.
Practical Example: Intraday Trade on EUR/USD
A trader notices a bullish breakout on EUR/USD:
- Entry Point: 1.1050
- Position Size: 1 lot (100,000 units)
- Stop-Loss: 1.1030
- Take-Profit: 1.1080
This setup risks 20 pips to target a 30-pip move, producing a 1:1.5 risk-reward ratio. Such structure helps in long-term consistency.
Conclusion
Understanding how to do intraday trading on Exness comes down to using the right tools, timing the market wisely, applying structured strategies, and managing your risk carefully. Exness provides an ecosystem with platform reliability, analytical support, and account variety — all of which make it easier to implement and refine your intraday approach. Start with a demo account to test these methods before moving to a live environment.
FAQ
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What is the best time to trade intraday on Exness?
The overlap between the European and US sessions (13:00–16:00 GMT) typically offers the most volatility and trading opportunities.
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Can beginners try intraday trading on Exness?
Yes, but it's recommended to start on a demo account to understand market behavior and test strategies.
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Do I need special software for intraday trading?
Exness supports MetaTrader 4 and 5, both of which are equipped with all necessary intraday trading tools.
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How can I calculate the right trade size?
Use the built-in trading calculator to determine optimal lot sizes based on your account balance and stop-loss range.
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Is leverage important for intraday trading?
Leverage can be useful, but it should be used cautiously. Managing position size and protecting against volatility is more important than maximizing exposure.