Forex market trading strategies
If you strive to become a successful Forex trader, you need to create your personal trading strategy. In the trading practice there is no trading strategy, which could be equally suitable for all traders. Every trader should create a trading strategy by himself, which would be suitable for the trading conditions by all parameters. There are traders, who are guided only by technical analysis when trading, while others prefer fundamental analysis. But there are such traders, who carry out both technical and fundamental analysis in order to determine the most appropriate points of the market entry and exit. Technical analysis supposes a concept, that prices are moved by trends. There is an established phrase “trend is your friend”. All the movements on the market have their images, which were studied over years.