Forex Trading Strategies

If you find trading trend-based strategies too risky, why not consider range-based forex trading strategies? Trading range means that you are buying or selling a currency that is moving within a specific price range for a specific period of time, and then making profits from the price oscillations. To illustrate how you can make money

Following trends is one of the most effective ways of creating winning forex trading strategies. Trends reveal the direction of prices in the market over a given period of time and can move upward, downward or sideways. Trades can also take place in different time frames, from long-term to short-term, and there can even be

Indicator Forex Trading Strategies are the trading strategies that are anchored to the indicators that can be found in any standard Forex chart. These charts can be accessed by any trader who is constantly online and has access to charting data software. One of the most popular charting software is the MetaTrader platform. However, this

How do you choose the best forex trading strategies? Obviously, the answer to that is there is no one strategy that is good for all traders and the best strategy is the one that most comfortably fits your particular trading personality. There are generally two types of forex traders – those who pursue short-term profits

Another approach to creating forex trading strategies is using technical analysis. Technical analysis is based on the principle of recurring patterns, meaning that what happened in the past can help you predict in which direction prices will move in the future. Since trading in the currency markets happens on a 24-hour basis, there is a

Forex trading strategies based on fundamental analysis are some of the most effective ones used by currency traders to profit in the markets. This is because exchange rates of a particular currency are influenced by the economic and political developments in the country in which it is issued and used, and this allows traders a

Fundamental Forex Trading Strategies are anchored on the principles derived from the factors that are considered purely fundamental that are essential in the dynamics of buying and selling currencies. Among the fundamental indicators that are constantly being considered are the statistics in relation to the macroeconomics and prevailing interest rates. These strategies are considered to

While it cannot be denied that almost anyone can profit by engaging in foreign exchange trading, it is also undeniable that those who truly wish to succeed in such a moneymaking endeavor should learn more about various forex strategies. Many find it surprising though, that most techniques that allow traders to reap great rewards from

While there are numerous forex strategies in existence, it is clear that scalping remains as the most commonly chosen approach by traders. Those just beginning to learn about forex activities would surely be perplexed by the popularity of the aforesaid trading approach. After all, risk is often considered as a common part of scalping endeavors.