Seven Proven Strategies for Forex Trading insidermonkey.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insidermonkey.com Daily Mail and Mail on Sunday newspapers.
Top 8 Forex Trading Strategies and their Pros and Cons
2021-04-16 16:00:00
Warren Venketas,
Markets Writer
Main talking points:
Forex Strategies: A Top-level Overview
Price Action Trading
Carry Trade Strategy
Discover what type of forex trader is buried within your DNA with our interactive DNA FX Quiz
What is a Forex Trading Strategy?
A forex trading strategy defines a system that a forex trader uses to determine when to buy or sell a currency pair. There are various forex strategies that traders can use including technical analysis or fundamental analysis. A good forex trading strategy allows for a trader to analyse the market and confidently execute trades with sound risk management techniques.