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Forex Trading Strategies

michalinaobrien
Mar 14 2017 at 07:31
22 posts
ITRADER trading strategies:

1. Choosing the Discipline
2. Choosing the Partner

There is no single formula to success in Forex trading. The Forex market is a place with constantly-changing prices and these changes are very significant from one day to another. To anyone trading in market, it is often advisable to have a strategy of some type. Your trading strategy will play an important role on your success. With a strategy, traders can focus on situation in which the market may be giving them the best probabilities of winning.

TiffanyK (TiffanyK)
Mar 14 2017 at 15:20
427 posts
You are right. There is no formula to success because of the non-stop changes in the trading industry. The same applies with your strategy – today, it may be the best strategy, but tomorrow – useless.

Accept the loss as experience
ct862
Mar 22 2017 at 07:30
10 posts
I think every trader has his own strategy. Some use well-established strategies, some design their own strategy from scratch and others use a combination of strategies.

bh61
Mar 23 2017 at 07:33
14 posts
One of the main goals of my price action strategy is to keep my charts clean. The only thing I place on my charts are support and resistance areas. I use these support and resistance areas in conjunction with candlestick analysis to trade Forex. Packing my charts full of indicators would make it impossible for me to read price action.

sebastian4
Mar 24 2017 at 07:07
10 posts
Having a winning trading strategy is, without a doubt, a prime point for you to achieve the longed-for success as a trader. Thousands of people browse every day in search of perfect trading strategies that will make them earn money. Do you know how long it can take you to find a strategy that can be profitable? Much more than you think.

hugol
Mar 26 2017 at 07:05
15 posts
Basically, there are two types of systems or strategies: Discretionary systems and mechanical systems
Discretionary systems and mechanical systems. The signals that occur in mechanical systems are mainly based on technical indicators (or graphic patterns) applied in a systematic way.
On the other hand, discretionary systems use experience, intuition and judging every moment to determine market signals.

michalinaobrien
Mar 30 2017 at 06:52
22 posts
Thank you Guys, excellent response! love all the ideas=)

NadineB
Mar 31 2017 at 00:57
20 posts
I think what matters the most is having the discipline, unless you don't know how to discipline yourself you cannot reach your goal. Better to suffer for now and enjoy later right?

MeuLugar
May 07 2017 at 06:57
45 posts
You are absolutely right, there is no specific formula of success! That’s way, don’t believe on Holy Grail trading strategy, 100% doesn’t exist in Forex! At the moment, I am comfortable with my personal trading strategy even though I get 70-73% accuracy from this trading system! I can recover my losing positions too early because of using higher profit ratio, I use multiple TP positions in a trade!

AmDiab
May 07 2017 at 07:23
718 posts
My trading system is news trading! During high voltage news session I use all of popular Economic Calendar to collect latest update of fundamental events! Then I go for final decision! Yes, I do only news trading and Forex trading is my part time job! Besides, I have no plan with technical analysis!

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