There are many types of forex traders, and each wants a different approach. Whether you choose the fast-paced day trading or the prolonged position trading, selecting the right style for yourself will maximize your chance of success.
I am a swing trader and a swing trader holds trades for more than one day, and sometimes for several days. Swing traders will often prioritise technical analysis over fundamentals during this short timeframe, but they should be alert to news developments that might cause volatility.