The Best 3 Strategies To trade Forex !

 

1 - Trend Price Action Strategy :

It took me over a year to see that I have to follow a tendency to form the cash currency market. If you study the life and the ways in which traders and speculators created became known effective, it is verified that trend trading were the most frequently used means of making profits. however, but it will work? Most of the titles indicate the time in their ranks. In 2004, after starting in the forex market trade EUR / USD is unstable in a very nice slim vary one.1950-1.2460 From June to October, when it exploded. We must recognize that, once it is a title for a long time for fine} varies so forms a very powerful movement and sometimes future. which is again hedging currency and financing cash funds to build. You negotiate this type of movement, placing higher than the highest levels of sales and vary below the lower range of orders. once the value goes through one unique value for each of your open orders and associate yourself with the market where it takes you.

You need to boost their operations once the signs of recovery are beginning to show. Two main issues seem to traders who use this type of strategy. The first is that they are fleeing the market soon, with little or no benefit, because they are afraid to break. Another is that two positions are held too long and once a sudden change comes their benefits are greatly reduced and are still sitting in the hope that this trend may continue. As a result, they lose all their benefit. So expect signs of work on your input and output levels.

2 - Scalping strategy :

As Forex can be a terrible liquid market traders will open and close the positions of the huge minutes or perhaps creating many jobs for a second day, is very popular with many day traders. Once scalping he / she creates a lot of transactions per day, so that the average length of which is only a few minutes. In a short time, because traders get minimum benefit (few pips) driving position. this is a dangerous way to trade if you do not know how to control the risk. bet on your trading style: a lot of aggression or a lot of conservatives who may be ready to decide on one or the other couple would. For many aggressive traders GBP / JPY can be good way to fx scalp. If you are a more conservative trader may be willing to consider how EUR / GBP combine (the ordered pair in the Forex market).

When scalping should be as low as possible spread (thus EUR / GBP is good). want to recover their few pips as quickly as possible without having to attend too long to arrive due to unfavorable propagation (15 pips or more).

The problems with this type of trading systems are the result of generally larger than have profit targets and stops should earn more business just to cover expenses. we must be careful not to go against the theory of probability, in terms of building scalping profitable routes. Too many scams Forex trading circle this way in the market and be aware of this not to be deceived.

3 - Trading using chart Patterns :
Most likely found on many chart patterns like head and shoulders (also inverted head and shoulders, triangles (up, down, and balanced), cut and handle, flat bottom, parabolic curve, the wedge formation the formation of channels, flags and pennants. understand what they mean and how to trade Forex it causes self-made (not just forex) broker. these easy to detect market reversals is essential and also, it will help predict whether the market will continue "over or not. prime broker Dan Zanger has created many greenbacks exchanged numerous graphic patterns alongside the volume index. therefore of the week (I intend to personally head and shoulders pattern is a powerful place)