Forex Trading Strategies
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Forex Trading Strategies
In this article I will show whether it is true to say that the Forex market ranges most of the time, and whether there is a simple way to exploit this phenomenon profitably
One of the easiest and most reliable ways to make money trading Forex is to follow trends and let winning trades run for as long as they will run.
You may have seen the above scenario play out on your charts: you spot a Support and the Support gets broken; the market rises back up and bounces against that previous Support level.
Find out why you should or shouldn't trade exotic Forex currencies here with our latest Forex education article.
I wrote an article explaining about how an account of $10,000 could be grown into $1 million in the course of a few years of Forex trading. Many readers found it hard to believe that this could be a realistic target.
Are you losing grip with your trading? Feeling lost in your own analysis and getting angry at the markets because your trading is going nowhere? You’re not alone.
Some traders prefer to use breakout points to signal their trend entries, others prefer to use indicators which just show strong directional momentum. Who is right, and which works better?
There might be ways you can get a better picture of where the buying and selling is taking place beyond what you already know.
Sometimes you have the perfect setup for your strategy and the market literally moves in exactly the opposite direction. This is called “Pattern Failure”.
Learn how to make dynamic stops with the Parabolic SAR here.
Get the latest Forex education article about Pin Bar trading here.
Most traders would probably agree with the proposition that the hardest thing to get right in Forex trading is the placement of stop losses and take profit levels. A great deal of trading education and material that is shared with learning traders focuses on finding the right places to enter trades.
Swing trading refers to a trading strategy that revolves around capturing short and mid-term profits. This style of trading essentially utilizes technical analysis to spot trading opportunities, in addition to a fundamental assessment of price trends and patterns.
Most traders believe that in order to have a great risk reward ratio on their trades, they need to have a tight stop – or at least as tight as possible.
Trading a Pin Bar is simple. Learn more about Pin Bar success here.