Thursday 6 December 2012

Forex Strategies


Forex Strategies

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Forex trading can't be consistently profitable without adhering to some Forex strategy. It takes time and effort to build your own Forex trading strategy or to adapt an existing one to your trading needs and style. It's important to choose a strategy or system that is easy to follow with your daily trading schedule and that can be applied successfully with your account balance size. In this Forex strategy repository you'll find various strategies that are divided into three major categories:
  • Indicator Forex Strategies
  • Price Action Forex Strategies
  • Fundamental Forex Strategies


Indicator Forex Strategies are such trading strategies that are based on the standard Forex chart indicators and can be used by anyone who has an access to some charting software (e.g. MetaTrader platform). These Forex strategies are recommended to traders that prefer technical analysis indicators over everything else:
Moving Average Cross Strategy
Parabolic SAR Strategy
Stochastic Oscillator Strategy
MACD Divergence Forex Strategy
Combined Stochastic Oscillator/MA Strategy


Price Action Forex Strategies are the currency trading strategies that don't use any chart or fundamental indicators but instead are based purely on the price action. These strategies will fit both short-term and long-term traders that don't like the delay of the standard indicators and prefer to listen as the market is speaking. Various candlestick patterns, waves, tick-based strategies, grid and pending position systems — they all fall into this category:
Inside Bar Strategy
Simple Price Based Trading System
Martingale Trading System
Scalping Forex Strategy
Support and Resistance Strategy
Pinbar Trading System


Fundamental Forex Strategies are the based on purely fundamental factors that stand behind the bought and sold currencies. Various fundamental indicators, such as interest rates and macroeconomic statistics, affect the behavior of the Forex market. These strategies are quite popular and will benefit long-term traders that prefer fundamental data analysis over technical factors:
Important News Trading Strategy
Carry Trade Strategy
Wednesday AUD/JPY Strategy
Forex Gap Strategy
Buy-and-Hold


If you want to share your Forex trading strategy with other traders, or want to ask some questions regarding the strategies presented here, please, join a discussion of the Forex strategies at the forum.

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