There are roughly two kinds of Forex traders out there. The first group believes that a little bit of luck and a few bucks is all you need to become a currency trader. You may have come across some of them using the word “play” instead of “trade” when they talk about the market. Needless to say, they always fail tremendously. And then there is the portion of Forex traders who understand the whole complexity of the matter and treat it accordingly. This means thorough planning and constant analysis. Of course, this approach consumes much more time, but on the other hand, this is the only way to get any positive results in your trades.

The foundation of any professional tarder’s success is a trading strategy. Strategies also known as trading methods are designed to make trading as organized and systematic as possible. Now, with the amount of trading styles and preferences available, there is also a huge number of strategies to choose from. In order to simplify the procedure of selecting the right fit strategy for your Forex journey we are going to talk about what are the strategies in general and what is the best Forex trading strategy this year. In here you will read about:

• what is a Forex strategy and how does it work
• Forex day trading strategies
• Scalping trading strategies
• Forex position trading strategies
• Forex swing trading strategies
• Automated trading strategies
• Seasonal trading strategies
• how to create your own Forex trading strategy
• tools and software you need to successfully implement a Forex strategy
• How to back test a Forex trading strategy in demo account
• best Forex trading strategy in 2020 for eur usd