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The 5-3-1 Rule in Forex
3:15 · 8 chapters · Forex lessons, part 22
What you'll learn
Five pairs, three strategies, one session: the 5-3-1 rule cuts forex down to something you can actually learn.
Go further with our written guide on this topic, browse all the free Learn Forex lessons, or check today's market in our forex news.
- Key point 1
- What the 5-3-1 rule is, and why it is a rule of thumb, not an official standard
- Key point 2
- Why 5 × 3 × 1 = 15 situations are easier to learn than 360
- Key point 3
- How to choose five pairs without holding five copies of one trade
- Key point 4
- Three strategies for trending, ranging and breakout markets
- Key point 5
- How to pick one session, and why you still need a risk rule
Rules and limits from regulators and official sources; every price, account and chart in the video is an example. Education, not financial advice.
More forex lessons
The video is presented by an animated host with a computer-generated voice; the research and checks are by the FX Recap team. Risk warning: forex and CFD trading carries a high risk of losing money because of leverage, and most retail accounts lose money. This is education and review, not financial advice. FX Recap may earn a commission from some broker links; see our affiliate disclosure.