How to use the Best Forex Strategies for 2024?
The best Forex strategies are presented in this section of the site. They have the following advantages:
- Their application does not require any special knowledge; they are easy to use, so even a beginner in Forex market can successfully follow them.
- They provide a sufficient profit. These strategies are aimed at getting profit, which is the main task of anyone trading in the market.
- They have some certain advantages over other strategies applied in similar situations.
The best Forex strategies can be downloaded free; it is possible to do it right from our site without any additional shifting and waiting. (Coming soon…)
Every currency trader should have a thoroughly prepared trade strategy in stock. Otherwise they will never manage to achieve any stable results in such a risky field. Intuitive trading without a carefully developed plan always leads to damages or even total loss of trader’s assets. Below follows a brief review of top strategies, the most popular ones, which can be successfully used both by beginners and advanced players in the currency exchange.
“Tortoise” strategy: a legendary algorithm
This “tortoise” strategy means that anyone can become a successful player in the currency exchange. Richard Dennis and his colleague-trader William Eckhard proved this statement by performing a unique experiment many years ago. If you are interested in earning through Forex, but you do not know the book written by these legendary “tortoises”, try your best to fill in this serious gap in your own education as fast as possible. The key idea of the research has led to the conclusion that it is a person who governs the chosen system that brings success in trading but not the system itself. But the given article will not be devoted to the history of the issue and other events involved. You can enjoy this information on your own. Here we present only the concept of the trading system used by hundreds of traders to earn millions. Read more soon…
Puria method
Now we are going to consider an effective intraday Forex strategy named “Puria method”. Its features are a high precision of signals and simplicity of getting market input points. It is an ideal variant for beginners who are actively getting familiar with possibilities of financial exchanges. It is worth remembering that the transaction quality in the currency market is more important than the quantity. So there is no point in trying to use all assets at your disposal. It is better to focus on 3-5 pairs and learn to constantly follow a trade schedule. Without that it is impossible to become a professional. Read more soon…
Forex strategy rating
Working in the Forex exchange implies using a carefully elaborated trading strategy, since intuitive trading always ends up rather sadly. Although there are plenty of strategies, we prefer to choose the most profitable one. Forex strategy rating can help do the right choice as it offers the most popular and profitable trading options. This rating grades the main trade trends in the Forex exchange, which greatly simplifies the choice of a suitable option. Read more soon…
Trading with pending orders
The strategy based on pending orders is quite common in the Forex market, it should be noted that this popularity is connected with its high efficiency. Not only does trading with pending orders allow eliminating any psychological market influence on a trader, but also it gives an opportunity to open transactions at the most suitable moments when a price surge happens. The following points should be defined for this strategy to be the most efficient, namely, the order trigger point, stop loss and take profit parameters and the life period of a pending order. Read more soon…
Larry Williams’ strategy
Most traders know the absolute Forex trade record made by Larry Williams who increased his deposit from $10,000 up to $1,400,000. Though this sum could have been twice as much if the US stock market had not collapsed, as a result Larry lost nearly a million. Larry Williams’ strategy is quite simple, his himself thinks it is intuitive trading, but this kind of trading essentially has nothing to do with the real intuitive trading. His strategy is based on the appropriate application of the data obtained by observing the Forex market. Transactions are opened basing on logical conclusions and suppositions. Read more soon…
Forex guaranteed strategy
Any beginner in the currency market asks a question if a Forex guaranteed strategy exists. Yes, sure, it exists, but financial results should not be considered by a single concrete transaction, a longer time period is necessary, for example a month or year. There are a lot of traders who get a regular profit in the Forex market, and it is trading that serves as their main income source. First, Forex guaranteed strategy is based on applying some tactical solutions that lead to fewer trading risks; also a more effective capital management is of great importance. Only in this case you are sure to obtain a positive financial result within the reference period. Read more soon…
Trading strategies
Trading in the Forex or any other markets can’t be possible without carefully elaborated and tested strategies, only that way you will achieve high profitability. There are some major trading strategies used by many professional traders. Each trading option has its advantages and disadvantages, and it is these nuances that the article will reveal. Read more soon…
3-Screen strategy
3-Screen Forex strategy is one of the most common among traders. 40% of all those who trade in the market usually apply it. Its popularity is due to the simplicity in usage and comprehensibility even for a beginner in the market. It was created more than 25 years ago, with no drastic changes being made within this long period of time, which undoubtedly proves its high reliability. This strategy can be used not only in the Forex market but also in some other finance markets. Read more soon…
15 minute time-based Forex strategy
15 minute schedule Forex strategy is quite simple; it implies three main factors showing exactly when a transaction should be performed. The first factor is the channel and open position direction. These channels are called SHI. They are independently depicted in the plot online and determine the transaction direction. If the channel slopes down, you should sell currency, if SHI channel goes up, you should buy currency. Read more soon…
Forex strategy T3MA
Forex strategy T3MA analyses the market on the basis of T3MA indicator. It is rather an effective strategy in the Forex market. After setting the indicator for a certain currency pair it will reveal clear peaks and troughs. When an additional indicator T3MA-ALARM is applied, input points will be shown as arrows. There is a sound signal if any new signals appear. Read more soon…
Forex strategy “Daily Fozzy method”
To trade using “Daily Fozzy method”, it is necessary to choose a day interval, set the Forex RSI indicator for a currency pair (8 – period, close), then we set EMA, the exponential moving average, its period equals 8 per Forex RSI indicator. Read more soon…
Forex strategy “White stairs”
The strategy “White stairs” is applied while working in the direction of the main trend, it is a mid-term strategy, and its basic idea is to search for signals showing that the market is overbought or oversold; buying is made at minimum, but selling occurs at maximum. It can be employed while performing trade operations using any time flames and being independent from the Dealing centre, but it should be kept in mind that short-time intervals are accompanied by rather a strong noise. There are no special requirements for a currency pair. Read more soon…
“Forex Smart” strategy
“Forex Smart” strategy seems to be quite a profitable strategy when working in the Forex market; it can produce the profit at about 4500 points per month. At the same time it works steadily and correctly. This strategy is designed for EUR/USD currency pair, but some other variants of currency pairs can be used as well. 4-hour interval is employed due to its less volatility for trading. “Forex Smart” strategy is easy to use, so even a beginning trader can learn to apply it. Read more soon…
Forex strategy “Traffic lights”
Forex strategy “Traffic lights” is a multi-currency Forex strategy (it can be used to trade any currency pairs), mainly it is employed as a day strategy based on such Forex Signals as improved option of HMA, Trend Master, RSI Custom and Goldminer 2. It is possible to trade on a less scale, but while doing this the quantity of false signals considerably increases, so to avoid it the analysis of shorter time intervals should be made. Read more soon…
Simple Forex indicator strategy
This option works quite well with any currency pair, with 15 minute interval being employed. To start trading we choose a definite currency pair schedule, and then we set a number of indicators used in the trade terminal Metatrader 4. Read more soon…
Forex strategy “Nahuatl”
This strategy is employed in 4-hourly intervals, currency pairs GBP/JPY or GBP/USD are used to trade. Trading takes place using the following indicators: Read more soon…
Forex strategy “Trend Finder 4HR”
Forex strategy “Trend Finder 4HR” is a profitable strategy, its essence is to enable a trader to get a guaranteed profit, it is quite easy to use, besides, it is highly protected from loss-making operations. Read more soon…
Forex strategy “Fisher”
This Forex strategy is appropriate for any currency pair, so it can be called multi-currency. The example presents its testing with the most common currency pair EUR/USD. Trading takes place at short time intervals starting with 5 minute. The main indicators used with this strategy are varmov.ex4 and Fisher1.mq4. Read more soon…