Forex Trading Strategies For Today

Trading Systems Free Forex Trading Systems
1

MAJOR PAIRS:

LONG/SHORT - taken position
BUY/SELL - pending order
Risk Factor - green “" means high level of confidence (low level of uncertainty), grey "" means medium level of confidence, red "” means low level of confidence (high level of uncertainty)

Source: Growth Aces Forex Trading Strategies

2

To create a successful trading strategy, traders should address the following considerations:

  1. Reasoning of the trade: Why buy or sell? Which pair?
  2. Timing of the trade: Why now? Before economic news releases or after? Day or night?
  3. Trading objective: What is the take profit target? What is the stop loss?
  4. Money management.
  5. Documentation and analysis of the results.
1 Like