Best Forex Strategy

[FahadMd]

powerful experience is not a minor deal it comes from a long time practice in practically.

 

[Abbas Ali Khan]

yes its a long time practice session for that reason most of the newcomers fail to keep interest to continue

 

[Svetlana Loboda]

this is true , patience is important for that reason.

 

[Adelbert67]

very interested to know which is your best trading strategy and why ?

Thanks everyone

Well, it depends on traders trading experience & skill; such as I mainly use the Price Action trading, I personally don’t like the technical tool that much! But I see, a number of traders try to make money by depending on trading tools & signals! There is nothing like fixed syllabus on Forex money making!

 

[bidskis]

My strategy is simple based on price action where the only high probability entry/exit scenario for me is when a signal forms at key levels of support and resistance.

 

[radex78]

My strategy is simple based on price action where the only high probability entry/exit scenario for me is when a signal forms at key levels of support and resistance.

Simple trading strategy if we can enjoy in trading, it will good for the trading result, first trading system that used make comfortable to us, it will help to make trading habits in the smooth environment.

 

[Adelbert67]

My strategy is simple based on price action where the only high probability entry/exit scenario for me is when a signal forms at key levels of support and resistance.

Same here, I also use the Price Action trading in my live trading account! On the other hand, I also count the support/resistant levels to indentify the market trend! According to my own experience, indicator based trading strategies are meaningless, besides chart reading skill is such an amazing powerful skill in this volatile business!

 

[buckram]

I like bounce strategy where I identify a level where the market has dropped significantly and then bounced back. I view that level as the support level, which makes it a good spot to buy. If the forex pair slips to that level again, then it signifies a potential trading opportunity.

 

[Rodri]

What strategy is best for beginners and newbies that has lower risks and money involved?

 

[Cometography]

I believe scalping is a good one to go for if you can handle the risks. Many might think of it as an easy way of making money as it doesn’t require much knowledge of the market. Also, because of the high liquidity in the market, traders can easily get in and out of their trades easily. But it requires a huge capital to trade. As you will be using leverage in nearly all your trades, a single loss can wipe out your trading account. It’s all about being careful.