What is the best strategy for Forex trading?

[nasiusman95]

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

 

[Alee]

In today’s article, we will see the top 10 Forex indicators that every trader should know.

As indicators are an important part of Forex trading, every technical and fundamental analyst should know the structure and use of mostly used mt4 indicators.

 

[idhans]

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 lot of people have loose money in forex even experienced Traders also. I always advise if you don't really know how to trade, you can do copy trading with trading companies. Also, always ensure that you trade with mini lot sizes in order to reduce your losses.

 

[Lyrrex]

• #7

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

 

[Irfan Aslam]

You can use a trading program that can enable you to make information technology work for you as your FORDER market is so smooth and difficult to monitor. In this way, the most effective solution can be to let your computer become your "trading partner." The introduction of stop loss orders is also a standard tactic and thus your money is safe if the market unexpectedly moves against your position.

 

[eenya00]

I sincerely believe there is no superb strategy or there is nothing like the best strategy when it comes to trading forex. All strategy are potent and can bring the desired outcome, what really matters in trading forex is your money management ability.

 

[Sotherefore]

There is no perfect strategy in trading because from all indication people cannot predict the market accurately because of high volatility of the forex and cryptocurrency markets but sometimes as per that can predict it to at least 80% accuracy but not more than others.

 

[Blue house]

Forex is a foreign exchange market that helps you to earn money if you have the knowledge but if you don't have the complete knowledge, there is a big chance you will be in debt.
All you have to do to know the best strategy that will be suitable for you is to practice with many kind of strategy on a demo account.

 

[Samson19]

The best strategy for Forex trading is technical analysis because technical analysis is one of the best trading strategy due to the fact that many people knows how to use it and it has being working for them.

 

[George10640]

The best strategy I have always championed for is being a good manager and discipline in the market.Anyone can learn and understand the forex basics .The strategy development can take you time have that to signal you in your trade management. After that people fail because of lack of discipline to follow what they created. Adherence to what you created will make you more money.

 

[nasiusman95]

Another highly-effective Forex trading strategy for beginners is the inside bar strategy. Unlike the pin bar, the inside bar is best traded as a continuation pattern. This means we want to use a pending order to trade a breakout in the direction of the major trend

 

[Abbeyola]

I don't really know much about forex trading,but I believe they are expert in the area and field of foreign exchange trading.
I only know about the movement votality of the crypto currency when green it is an increase, when red it is a decrease in value.

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.

 

[Seun4luv]

Another highly-effective forex trading strategy for beginners is the inside bar strategy. Unlike the pin bar, the inside bar is best traded as a continuation pattern. This means we want to use a pending order to trade a breakout in the direction of the major trend.

 

[Profwriter]

The safest forex strategy is not to invest all that you have, sometimes we get carried away by our projected profits outcome and forget so soon that a loss is possible. No strategy is without any form of lapse and risk and they are not always perfect. If you lower your expectations, you will be able to minimise your risks.

 

[KvngMurphy]

To me, the best strategy to trade forex is Price action trading which involves the study of historical prices to formulate technical trading strategies. Price action can be used as a stand-alone technique or in conjunction with an indicator. Fundamentals are seldom used; however, it is not unheard of to incorporate economic events as a substantiating factor.

 

[Emma Aneni]

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.

 

[Olubayo12]

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.

There has never been a strategy better than knowing when to trade and when not to trade.. Even if you are a professional broker, you should know when to trade and when not to trade, that is beginning of wisdom in forex trading.

 

[nasiusman95]

Another highly-effective Forex trading strategy for beginners is the inside bar strategy. Unlike the pin bar, the inside bar is best traded as a continuation pattern. This means we want to use a pending order to trade a breakout in the direction of the major trend

 

[Aniwhyte]

Yes, there are some number of strategy people uses in trading forex these people make huge amount of money from it, they are experts and knows what they are doing as they have already been trading on it for years. So they already knows all the in and out of it, what to do and what not to do.

 

[Bart Simpson]

Investment techniques that have been proven to succeed are scalping, day trading, or short- range swing trading. In case of investing, you may afford to have less trading options and yet be able to expand your money. Since you can trade reduced timeframes and invest less hours in front of the phone, you are likely to gain money.