Popular Forex strategies
There are two types of novice traders: the first, having entered the stock exchange, tries to find or create an exclusive and extremely profitable earnings strategy, the second is simply the most popular.
Moreover, the second category is on a more correct path; why reinvent the wheel if it has already been invented a long time ago.
It is much easier to trade like the majority, earn stable profits and not waste time looking for tricky solutions.
And in most cases, this approach turns out to be correct; the main thing is to strictly follow the basic rules for applying a particular strategy.
What strategies are the most popular in Forex at the moment?
As one would expect, the greatest demand is for trading options that are easy to implement and bring greater profits.
There is practically no beginner who would not try his hand at this type of trading.
With masterful mastery of strategy, you can really earn a lot of money, but unfortunately, only a few manage to do this.
Traders are attracted by the size of their earnings and the speed of getting it, it’s simply not realistic to talk about this strategy in a nutshell, so on our website there is a whole section dedicated to it - http://time-forex.com/skalping
2. On the news - so to speak, the classics of stock trading , this strategy has existed for almost as long as stock trading has existed.
Traders monitor news, and after it appears, they open trades in the direction of the news.
In essence, this is the simplest trading strategy; its only drawback is that the market does not always react predictably to events, or does not react to them at all.
Despite its simplicity, trading on the news also has its own characteristics, read about them in the article - http://time-forex.com/strategy/torgovlya-na-novostyakh
3. Stochastic - or, to be more precise, strategies built on the Stochastic indicator , which is often classified as an oscillator, since its readings are slightly ahead of the trend.
A surprisingly effective and at the same time not complicated strategy, the essence of which boils down to monitoring the behavior of indicator lines located in a separate window.
The script gives clear signals to open transactions; the trader can only wait for them to appear and open the corresponding order.
We discussed this strategy in detail here - http://time-forex.com/strategy/strategiy-stohastik
4. On pending orders - there are a lot of variations based on pending orders, but their essence boils down to one thing - the deal is opened as soon as the price reaches planned mark.
The main advantage of this strategy is that it almost completely eliminates psychological factors, that is, the trader lays down the conditions, and the trading terminal follows them.
One of the most interesting options for trading using pending orders is presented on the page - http://time-forex.com/strategy/strategiya-otlozhennykh-orderov
5. Advisors - perhaps trading with advisors can also be classified as popular strategies in Forex.
Almost half of the traders have tried their hand at trading on their own, and those who are unable to cope with the market move on to trading with advisors.
Each advisor already has its own strategy, the user only has to install the robot in the trading terminal and watch its work.
The method is quite controversial, but has a right to exist, since many of the robots trade quite successfully and if you use money management wisely, you can really make good money using them.
You can select and download advisors for Forex here - http://time-forex.com/sovetniki
What strategy do you use?
Surprisingly one of the most unpopular in Forex, I prefer long-term investments, that is, find an asset that has good growth prospects and invest money in it.
In addition, I often use a crisis strategy, when the price of a particular asset collapses, and the game can be played both on a fall in price and on a recovery; it all depends on the market situation.