What is the best strategy to trade on forex?

[asheeshgi]

I have a forex account and would like to know that people think is the best startegy to employ in the current market conditions?

ye to gi app k experince or app k mizaj par he depend karta ha k app ko kon c strategy sout kare ge ye app ko khud he chak karna parrey ga app ko koi or nahi bataey ga k app ko kon c strategy soute karey gi esi liye app ko apni strategy khud he dhoundni parrey gi or us ko peheley demo trading kar k chak karno or baad mainreal main tray karna

[bregeston]

Several studies have shown that the Technical Analysis can be used as one method to build a portfolio using market timing. Simple research conducted by Norman Fosbeck shows that "market timing" is better in generating profits than Buy & Hold. The simple problem is that we need to really master the technique ..

[100c�]

Learning about strategy is the most difficult for me and I was trading without strategies and taken big loss but now I understand the one strategy which is Bollinger Band. It is the easiest strategy for forex trading and now I am happy with it because I am taking good profit.

[kaji]

I had been using daily trading stratgi, I just put in a position once a day, and even then if there is a strong signal. TP, but I always put so much profit that I get too big if my prediction was correct. I do not wipe scalping because it would only make me tired

[topfx]

I think it's all good strategies for forex, but most importantly, be in accordance with our trading style, and how we use it, we must be consistent in using a strategy, do not often change strategies, and always use good money management, more patient and discipline.

[pravi]

i am afraid to say that there is no such thing as the best in forex, the strategy which works fine / best to a trader may not suit another trader because his expectations and needs doesnt suit it. So the plan / strategy which suit ourselves is the best for us but it may not be for others

Look at the resistance points. Buy lot when it starts rising from almost the least resistance point. And sell it when you thing you have got what you deserve or when the price starts dipping consistently. Try to finish the trading in one cycle itself. Don't wait 2-3 cycles and look for more profit and margin.

[mayengbam]

I have a forex account and would like to know that people think is the best startegy to employ in the current market conditions?

i am afraid to say that there is no such thing as the best in forex, the strategy which works fine / best to a trader may not suit another trader because his expectations and needs doesnt suit it. So the plan / strategy which suit ourselves is the best for us but it may not be for others

[adahidayat]

i think that you need to make a strategy according to your account balance....if you have more capital, then you can make a good plan and can make some profit with that.....but if you have a less capital, then your aim should be to trade more carefully and aim at less profit and try to compound and make your capital of account bigger.....you should make a strategy which is risk free and is according to forex market rules.........

[forexbroker123]

I have a forex account and would like to know that people think is the best startegy to employ in the current market conditions?

main to gi her taran k strategies use karta houn main ye sab market k mode ko dekh kar he fesla karta houn k kn se strategy ajj use karni ha esi liye main sab qisam ki strategy use kar sakta houn or ki bhi hane or mugh ko un ko use karne main bhi kafi aaboor ha lekin main khud jo ha long term trading ko kafi pasand karta houn

[Susti]

I guess it all depends on your personality. If you are a patient person that doesn't mind waiting a couple or at least a day to see the results of your investement and don't mind risking you money you should look at long term strategies.

If you want to see results after a couple of hours/ticks of trading then you should probably learn scalping.

But any type of strategy you use you should learn all 3 types of analysis first.