What is the best strategy for Forex trading?

[Profuk57]

over the years I have tried to understand forex, though I don't have fully understand the entire concept. But i have come across some agent who claim to have a 100% profit strategy for Trading Forex. is there any such strategy or is there any best strategy for Trading Forex.

 

[Akinwale701]

over the years I have tried to understand forex, though I don't have fully understand the entire concept. But i have come across some agent who claim to have a 100% profit strategy for Trading Forex. is there any such strategy or is there any best strategy for Trading Forex.

the strategy is to trade when currency, your own currency pairs are experiencing downfall, with this in mind, it is possible that they appreciate with time and you make a huge profits trading the currency pairs. however, decline in currency pair value is not a guarantee for profit, they may also experience more decreases... Trade wisely

 

[Trojan8]

There are a lot of strategies to use and you can use a combination of two or more. I feel scraping is an underappreciated art of trading especially if you have done your technical analysis. You use scrapping to make as much income as you would want if you know how to scrap properly. Then you can also combine long term trading or using market news to judge your position on the market.

 

[Nathaniel]

Forex trading strategies you can use are scalping, day trading, or short-term swing trading. For wealth: If you want to grow your wealth from trading, you can afford to have fewer trading opportunities. This means you can trade the higher timeframes and spend fewer hours in front of the screen.

 

[Suba]

Every trader will have a different best strategy, the most important thing is that he is able to understand and apply the strategy appropriately and knows when and where to apply it, So you can choose the one that you like the most and learn how to use it properly.

 

[jimmann247]

I believe the best strategy trading forex and be in profit always is learning and practicing the technical analysis part, the bolinga band, if you know how to use them very well it will help you a lot to be in profit. You can also trade the news.

 

[Zamaney]

Forex trading requires putting together multiple factors to formulate a trading strategy that works for you. There are countless strategies that can be followed, however, understanding and being comfortable with the strategy is essential. Every trader has unique goals and resources, which must be taken into consideration when selecting the suitable strategy

 

[Kinglegend01]

I am not a forex trading expert nor do I know much about forex trading but personally I think the best strategy to gaining ally from forex trading is staying away from it altogether unless of course you have learned alot about it and you feel you can be successful as a forex trader.

 

[Abbas ali]

Forex Trading Strategies and their Pros and Cons

• Price Action Trading.
• Range Trading Strategy.
• Trend Trading Strategy.
• Position Trading.
• Day Trading Strategy.
• Forex Scalping Strategy.
• Swing Trading.
• Carry Trade Strategy.

 

[Setho]

Every trader has especially what works for them and what doesn't work for them. The most important thing though is to find what does work for you buy first choosing a particular frame and then working on it and understand the factors that drives it and the factors that brings it down. I personally prefer the technical any sis type and the bolinga band because that is what works for me

 

[Sunnytee]

• Price Action Trading.
• Range Trading Strategy.
• Trend Trading Strategy.
• Position Trading.
• Day Trading Strategy.
• Forex Scalping Strategy.
• Swing Trading.

 

[Debola]

over the years I have tried to understand forex, though I don't have fully understand the entire concept. But i have come across some agent who claim to have a 100% profit strategy for Trading Forex. is there any such strategy or is there any best strategy for Trading Forex.

A forex trading strategy defines a system that a forex trader uses to determine when to buy or sell a currency pair. There are various forex strategies that traders can use including technical analysis or fundamental analysis. A good forex trading strategy allows for a trader to analyse the market and confidently execute trades with sound risk management techniques.

 

[Donolatunji]

8 Price Patterns for Equities
Trading for Market Action.
Strategy for Range Trading.
Strategy for Trend Trading.
Trading on Role.
Strategy of Day Trading.
Strategy for Forex Scalping.
Trading Swing.
Bring commercial approach

It is possible to use candlestick charts to make trend-based decisions, and these charts are better used for short-term analysis. An instance of a candlestick map is the Renko chart.

 

[Adeyoola7]

Forex strategies can be divided into a distinct organisational structure which can assist traders in locating the most applicable strategy. The diagram below illustrates how each strategy falls into the overall structure and the relationship between the forex strategies

 

[Olahab]

The Forex trading strategies you can use are scalping, day trading, or short-term swing trading. For wealth: If you want to grow your wealth from trading, you can afford to have fewer trading opportunities. This means you can trade the higher timeframes and spend fewer hours in front of the screen.

 

[Sanusi]

I think for a begginer the best strategy is moving averages, forex is very wide there are some stage you will reach that you will not use moving average again, i think its mentorship level so at that level you don't need moving averages.

 

[Divulgence]

The best strategy for part-time traders may be to let your computer be your "trading partner." The ability to employ a trading program where you can let the information technology work for you could be beneficial, as the forex market is so fluid and difficult to monitor. Another common strategy is to implement stop-loss orders, which means that if the market takes a sudden move against your position, your money is protected.

 

[Nurudeen]

The best strategy to adopt in forex trading is to know how to read chart and know more on technical analysis. Without this two strategy no Investor can make a dime from forex trading and if you think you can't learn this you can just pay for subscription to be giving you update daily

 

[Bilal0087]

over the years I have tried to understand forex, though I don't have fully understand the entire concept. But i have come across some agent who claim to have a 100% profit strategy for Trading Forex. is there any such strategy or is there any best strategy for Trading Forex.

I believe in a simple sentence "practice makes a man perfect".
online investment is always very risky and Forex trading is more risky than online investment, only a person with knowledge and experience can minimise the level of risk to earn money from it. So the best strategy is to get proper knowledge and experience for this field.

 

[Ehtisham memon]

I don't have any idea about the forex trading marketing but I have seen the bitcoin or crypto currency trading market that strategy is known about the mathematics and analytics mean read the graph easily whose known about the this subject so my friend work in forex trading