Forex Trading Strategies

Forex Trading Strategies Successful Forex Traders Have a Plan! Build Your Forex Strategy the Right Way In order to start trading Forex successfully you will need to build a strategy that is so complete you don’t have to think too much when trading live. There is no point sitting there second guessing yourself and trying to make a decision when you are in a trade. You should already know how you are going to react to every possible scenario because you had spent the time considering them. This may sound like a tall order but once you are done with all of the lessons in this section you will see that it really isn’t. Think about it; your only options are to buy or sell, the market can only move up or down, and the market will trend upwards, trend downwards, or consolidate in a range. When the market does change direction there are only so many ways that it can present itself. It’s actually all very logical and the hardest thing for any Forex trader to master ends up being the psycho...