The most popular forex trading strategies. Forex trading strategies (FOREX). Medium-term forex strategies

There are thousands of trading strategies, and it is simply impossible to include all of them in one rating, and there is no particular point in doing so. On the other hand, from the entire mass of vehicles, several can be distinguished that show good results. Today we present to your attention the TOP 10 best forex strategies. The term “best” means reliability, the ratio of profit and loss, the number of profitable and unprofitable transactions.

Trading with the trend

The statement that the trend is a trader’s friend is 100% true, but not everyone uses this simple truth. As an example of a simple and effective strategy for working with a trend, let’s consider a tactic based on just 1 indicator (Stochastic) and fibo levels.

The rules for working on the strategy are as follows:

• on a 4-hour chart, select a clearly expressed directional movement and wait for the correction to begin;
• we extend the Fibonacci levels to the trend section, we will be interested in the correction levels of 38.2%, 50.0% and 61.8%;
• at the moment when the price approaches the level of 38.2%, we observe the behavior of the chart on the lower timeframe, in our case it is H1. For analysis, we use the standard Stochastic indicator with parameters 13, 5, 3. Buy trades can be opened only if a rebound from the level is confirmed by the exit/crossing of the oscillator lines in the oversold zone; for sales, the rules are the opposite.

Example. On the 4-hour chart we observe the price behavior.

According to the TS rules, after the chart approaches important fib levels, we move to H1 and watch the Stochastic.

The stop can be placed beyond the next Fibonacci level, and the TP can be placed in the expectation that the price will reach the extremum established within the trend movement.

In this example, the first purchase following the trend was unsuccessful - the transaction would have been closed with a stop loss. But the next entry into the market turned out to be profitable, and the deal would have been closed with a profit according to TP. Even if we take into account the triggered stop, the trader still received a profit-to-loss ratio of 1:5.

InsideBar

PriceAction is especially popular; you don’t need a single indicator to analyze the chart. InsideBar, also known as the inside bar, allows you to enter the market after a temporary lull has formed in the market.

The pattern itself consists of only 2 candles:

• mother candle - distinguished by a large body and small shadows/their complete absence;
• internal - completely falls within the maternal range. The range of the inner candle should be several times smaller than that of the mother candle. There is consolidation in the market, bulls and bears took a break for a while.

Entry into the market is performed with a pending order. It is advisable to use levels to determine the most likely price movement.

In the example, both candles of the pattern are based on the support level, so we place a BuyStop order above the high of the inside candle.

This and other RA patterns are popular among traders not only due to their simplicity, but also due to their effectiveness. What is noteworthy is that this is not a ready-made vehicle, but a methodology for working in the market. RA patterns can be integrated into any strategy.

Strategy "Start"

It got its name due to the fact that trading will be conducted only at the opening of the London session. The system does not provide for the use of indicators, and you will only need about 3 hours of time to work on it.

The point of the TS is to try to take the price movement at the opening of London, it is at this time that significant movements are observed in the market. It is advisable to work on the M30 timeframe, and the trader should select a currency pair such that the influence London Stock Exchange was the maximum. It could very well be GBP/USD.

The work is carried out according to the following scheme:

• waiting for London to open and another 30 minutes after that;
• Exactly at 8:30, the trader places pending orders BuyStop and SellStop above the high and low of the candle, respectively;
• if the buy delay triggers, the stop for it is set at the same level as the SellStop. The deal is held until 11:00 and then closed manually, whatever the result;
• in the worst case, the trader will have a lock of 2 trades, the loss when closing it manually is minimal.

The profit on this vehicle is small - you can get about 20-30 points. In the example, this is exactly what happened.

News strategy

We simply cannot ignore this type of vehicle, because with a successful combination of circumstances we can make a solid profit in a matter of minutes. With a competent approach, the risk is minimized.

A trader should act like this:

• choose news that can greatly affect the behavior of the currency pair;
• a couple of minutes before the news release, place pending orders in both directions from the current price. Indicators, as in the previous strategy, are not needed;
• Due to the fact that there are two pending orders, if the price reacts strongly to the released news, the movement will be caught. Danger for a trader comes from situations when the price makes jerks in both directions and knocks down both orders. We get a lock that can be closed at the market price, or you can try to open it if you have experience in this matter.

The example shows just such an option - due to a sharp jerk in both directions, it was not possible to make a profit on the news trading system. In general, we advise you not to be greedy and take 20-30 points per transaction; the system is not included in the ranking of the most profitable, but keep in mind that the time costs are minimal. A trader will only have to look at the economic calendar a couple of times a week and monitor the market at the time the data is released.

10 pips + martingale

Another indicator-less vehicle, it attracts with its simple and understandable logic of operation, as well as good performance. The operating logic is as follows:

• Traders often use daily extremes to place TP and SL orders; on a subconscious level, they are looking for a level on which they can rely. When this level is broken through the massive triggering of orders, the price “by inertia” travels some distance in the direction of the breakout. The high rating of the “10 points” Forex strategy is explained by the fact that it is proposed to take only 10 points of profit on the breakout of the daily extreme;
• stops are not used here, and in case the price moves in the opposite direction, a martingale is supposed to be used. The trader must calculate the step between orders in such a way that the total TP set below the opening level of the previous order covers all losses and gives a small profit.

Sometimes this leads to the loss of a significant part of the profit. But the rules of the basic version of the TS prohibit increasing take profit. So it’s better for a trader not to take risks.

We combine simple and reliable signals

The combination of well-known simple and reliable signals allows you to get a good vehicle. We will give only one of the options:

• To identify the market state, we use any convenient indicator, for example, RSI. When the line is above 70, we have an overbought state, below 30 - oversold;
• To search for entry points into the TS, any countertrend signals can be used - divergence/convergence, candlestick and graphic formations, PriceAction patterns.

The oscillator is used solely to determine the direction of trade. Entering the market using this TS is performed only after the formation of a countertrend pattern. In the example, the “rails” RA pattern was formed. Although we entered against the trend, the entry turned out to be successful; we could take more than 100 points.

Envelopes + BollingerBands

A simple and at the same time reliable TS; to work on the hourly EUR/USD chart you need to add:

• Bollinger Bands with parameters 24, 0, 2;
• Envelopes indicator - settings for it: Period 288, Deviation0.15, Displace 1.0.

Envelopes will be used to look for entry points into the market, and Bollinger Bands will be used to move the stop loss after the price.

To open a short position, the price needs to cross the red border of the envelope indicator (lower line). The deal is concluded immediately after the breakout candle closes.

As for position support, the trader needs:

• after the price has moved about 40 points in a profitable direction, the stop loss can be moved to breakeven;
• subsequently the stop is moved and placed above the upper line of the BollingerBands indicator when it becomes almost horizontal.

As a result, the trade is closed with a stop loss, but the trader should not be worried about this, by this time SL has already been in the profitable zone for a long time. For long positions the rules are reversed.

ZZelse Strategy

Only one indicator will be used for work - ZigZag with parameters 0, 15, 3. Trading will be carried out at the census price of the previous extreme. For sales transactions you need to:

• a maximum and a minimum have formed on the chart (points 1 and 2), both extreme points should be above point 1;
• after the ZigZag indicates the formation of point 3, the trader should place a pending order to sell below it, and the stop should be placed beyond the maximum set at point 2;

• since in point 4 the price has rewritten the maximum of point 2, you need to move the stop to a new point - we stretch the Fibo levels for a movement of 3-4 and at a correction of 38.2% there will be a new stop loss position.

Essentially, a trader working with this strategy is trying to catch the movement after breaking through support/resistance. Sometimes you can make good money.

Momentum + SMA = stable 20 points per day

It is included in our rating of Forex strategies as one of the most reliable and stable, work can be carried out on any volatile instrument, the working time interval is m30. To work you will need 2 standard indicators:

• Momentum with a period of 5. On Momentum we manually build the average level;
• SMA with a period of 20.

To sell using this TS, the price must close below the moving average line, and the Momentum line must be much below the median level. A fixed stop is used and is located behind the breakout candle; usually it is equal to approximately 20 points. If the price reverses and closes above SMA20, we immediately close the sales manually.

It is better to troll the deal, but you can also use a fixed TR of 20-40 points.

As part of the intraday trend, it is possible to take 20-50 points in an average transaction.

The system can be modified, for example, increasing the SMA period and entering at Momentum only after crossing the 100 level, but this will be a completely different strategy.

Work by levels

This vehicle is a classic, but that doesn’t stop it being relevant. The essence of the strategy is simple: we build horizontal levels on the chart at significant extremes and trade for their breakdown or price rebound from them.

Levels can be built using both High and Low prices, as well as opening and closing prices. Practice shows that the effectiveness of such constructions is approximately the same. The screenshot shows that the price passes the distance between levels quickly, but lingers directly on them for a long time.

In our ranking this is the most simple strategy, it can be supplemented with candlestick patterns, a pair of indicators, or trade only by levels. The entry rules are simple - when there is a rebound from the level, we are interested in confirmation in the form of the corresponding candlestick pattern; in the case of a breakout, the confirmation will look like a retest of the broken support or resistance.

Conclusion

The considered Forex strategies for traders do not claim to be win-win. But with all these systems you can get a stable profit if you use only proven signals. This is why they are valuable - their effectiveness has been tested in practice over years of use.

Article rating: TOP 10 best Forex strategies – rating of profitable vehicles 5

Every trader dreams of finding the most precise forex strategy to ignore false signals and clearly determine the moments of concluding the most profitable deals.

But finding the perfect tool is very difficult, so it makes sense to combine various indicators, try different systems and look for the one that will provide the best result.

Forex Gambit trading system

Speaking about precise Forex strategies, we cannot ignore the fact that it generates entry signals and uses only one indicator in the algorithm - Bollinger Bands. The system was created by chess player Walter T Downes, who made good money on it.

Forex Gambit is designed for trading on daily charts, suitable for everyone currency pairs, you can work around the clock. You need to set Bollinger lines with the following values:

• Bollinger Bands 1 with period 30, offset 0, deviation 1, applied to Close, marked in red
• Bollinger Bands 2 with the same parameters, but deviation 2 and marked in green

Opening signals appear relatively rarely, but they are correct and give big profits. It is enough to understand the intricacies of the system, which is not at all difficult, and start testing.

Consideration of the advantages and components of Fiber

A fairly accurate Forex strategy that generates clear and understandable indicators, providing good trading results. The operating algorithm contains several indicators and assumes simple rules for managing transactions. Suitable for the following currency pairs: EUR/USD, GBP/USD, AUD/USD, 15-minute time period.

Indicators included in Fiber that provide accurate input:

1) Parabolic Chaser Trend

3) My squeeze light

Despite the apparent complexity and the need to correctly configure all components, Fiber is very easy to use. Everything is marked with lines of different colors, the signals are clear and it won’t be difficult to follow the schedule in anticipation of successful moments.

Features and Pros of Forex Signal 30

This indicator is also accurate. Provides clear triggering both at the moment of concluding transactions and at the optimal moments of closing open positions. It is better to use the time period from M30 to H4, the choice of currency pair can be any, trading is carried out during the European session and at the very beginning of the American one.

To open a sell order, the following conditions are needed:

• The cost is near upper limit created automatic price channel
• The graph shows a big red arrow pointing down.
• Stochastic is located above the level of 80 (that is, in the overbought zone)
• Forexsignal 30 extreme (bottom of chart) shows an upward spike

To open a sell order, you need to observe:

• The price is near the lower border of the channel
• The graph shows a blue arrow pointing up
• Stochastic is located below level 20 (that is, in the oversold zone)
• Forexsignal 30 extreme (bottom of chart) shows a downward spike

You need to remember that there is a possibility that the indicators will redraw, so you can open a trade only after the candle has closed. At the same time, if everything is configured, then forex signal 30 generates fairly accurate signals. You can download it on this website (via the link above), after reading the instructions and installation rules.

Features of the Forex Archer system

Quite interesting and one that is trending. It may sometimes require double-checking, since when changing the timeframe there is a possibility of the readings changing. Therefore, it is suitable for those traders who know how to draw channels or trend lines in order to be able to verify the signals.

Forex Archer is based on several indicators that successfully filter out false positives. You need to trade currency pairs with high volatility. It is on them that you can earn the most money per unit of time. The best stability and most accurate entries are obtained with currency pairs that include the dollar.

You can choose any time frame, but there may be more false signals on minute charts than on hourly charts. The global trend can be seen on D1 (daily chart). The advantage is that using the daily chart you can understand the market mood for the current day. That is why, first of all, it is necessary to select this time range and understand the current situation, and then, during the trading process, ignore all signals that are sent against the trend.

Since the Internet became accessible to almost anyone, there have been a lot of people who use the World Wide Web not only for entertainment or searching for information, but also to earn money. There are many opportunities here to improve your financial situation. The proposed methods of earning money require different knowledge and experience (and sometimes do not even require either one or the other), and are also paid differently. Well, today we won’t talk about the penny income that is possible on many resources for doing simple and often quite monotonous and boring work. Let's talk better about serious, highly profitable activities, the popularity of which is growing every year. We will talk about trading in international foreign exchange, and more specifically, about trading strategies that make this activity successful and profitable.

Starting to trade currencies without a well-thought-out strategy is like wandering in the dark, exposing yourself to the danger of bumping into something, getting injured, or even causing more serious harm to your health. Agree that no one in their right mind would take risks and walk in the dark, having the opportunity to light their way.

The way to “illuminate” your path in Forex is strategy. It allows you to see the market, plan your next steps based on forecasts of exchange rate movements and thus avoid losses or, in extreme cases, make them minimal.

The trading system consists of specific, very clear rules that must be followed, no matter what temptations await you. Only by adhering to these guidelines will you be able to make a successful trading career and increase your capital. After all, it is thanks to the chosen system that you will know when to enter and exit the market, and when to postpone trading altogether, waiting out a dangerous period. For professionals, strategy is the law, but beginners often break down and deviate from the rules, seeing a ghostly chance to earn a lot and quickly.

Many novice traders may be confused by the fact that it is impossible to develop a strategy without special knowledge and experience. This is true, but on the Internet you will find many ready-made developments and you can use them at first, and over time create your own system based on them. The main thing is that you have it, whether it’s yours or someone else’s.

One more thing. Even if you have the most promising strategy, you should not rush to start real trading. Test your scheme for at least 6 months (there are demo accounts for this). And only after receiving satisfactory results during such a “break-in” do you move on to the real account.

The question may arise (and even certainly will arise): “If everything is so simple, and profit depends mainly on compliance with the established rules, then why are successful traders so rare?” You won’t believe it, but precisely because about 90% of Forex users do not adhere to these rules. Much has been said and discussed about this, but still 9 out of 10 newcomers to short time They lose their deposits on ill-considered transactions and leave foreign exchange trading forever, blaming anyone but themselves.

Experienced currency speculators use many different schemes and approaches in their work that beginners are not even aware of. And how can a novice trader know about the intricacies of the process? And you need to start somewhere. To make your first steps in a new area a little easier, we suggest that you familiarize yourself with a number of points on which the choice of a trading system depends:

1. Analysis of the market situation. It is necessary to be able to analyze the market, because any system is based precisely on this very analysis. There are two main types of it: technical and fundamental.

The first, simpler and easier to understand, is based on exchange rate charts. Such graphs are studied in order to be able to predict future value currency or at least the direction in which it will move. To do this, data is used for various time periods (day, week, month, etc.), as well as many indicators that help make a more accurate forecast. For long term trading technical analysis is not enough, but when opening medium-term, and especially short-term positions, it is quite effective.

As for the fundamental approach, you will have to study much more information relating to various aspects of life - from the economic situation to natural disasters. That is, you need to constantly be aware of the news, because a statement by a powerful politician, a message about an upcoming drought, elections in a country and much more has an impact on fluctuations in the exchange rate of world currencies. True, it is necessary to be able to single out from the mass of news those that are of paramount importance, those that are less significant, but still important, and those that are completely insignificant.

Quite often it happens that after news of particular importance appears (or after some important event) it is impossible to clearly predict its impact on the market. In such cases professional traders they sharply reduce, or even completely suspend, trading so as not to incur large losses due to sharp fluctuations (although in fairness it must be said that huge amounts of money can be lost on such fluctuations). Fundamental analysis is usually used when opening long positions.

2. Study and analysis of graphs. Continuing the topic of technical analysis, I would like to talk a little more about the information that can be extracted from charts. If you engage in short-term (medium-term) trading, and in the initial stages of work this is the most acceptable option, then this knowledge will definitely be useful to you.

You can analyze charts by indicators, by patterns or by candlesticks. Most often they resort to indicators or candles; analysis by patterns is used much less frequently.

Indicator analysis involves the use of additional tools that make it easier to clarify the situation (will the trend continue or should we wait for a reversal) and make the right decisions. There are trend indicators that signal that the rate will continue to move in the same direction, and there are oscillators that give signals about an imminent trend reversal. Typically, a trader does not limit himself to one indicator, but uses several (2-3) at once.

As for candlestick analysis, you need to be able to “read” Japanese candlesticks, which on the chart look like rectangles that differ from each other in color and size. Combinations of such rectangles have their own names, sometimes quite funny, like “hanging man” or “clearance in the clouds,” and they signal how the market situation will change (or not change) in the near future. If you master this method of chart analysis, you can learn to fairly accurately predict market sentiment at a given time period.

And finally, about the analysis by figures. It consists of searching for figures that are signals of one or another further course movement. This method is quite complicated and time-consuming, so it is rarely used.

3. Type of transactions by duration. The choice of trading strategy largely depends on how often you intend to trade and what the duration of your trades will be.

If you prefer short-term trading, when there are a lot of transactions and they do not go beyond one trading day, then it will be enough for you to use technical analysis (scalping strategies). Medium-term trading already requires a combination of both types of analysis (technical and fundamental), and transactions in this case can last several weeks.

Concluding long-term transactions is impossible without deep fundamental analysis, because their duration is several months, or even more than a year, and it is necessary to foresee the behavior of the asset’s value in the long term. Having concluded such a deal, of course, you do not need to sit in front of the monitor, but you need to be aware of all the important world news and be able to draw the right conclusions from them.

Even the most good strategy, if it doesn't suit you, it won't work. You need to determine what exactly you need, and for this you need to be a little bit of a psychologist, objectively evaluate yourself and your loved one and realistically imagine how much time you can devote to trading on foreign exchange market. The following criteria must be taken into account:

1. Your psychotype is important. First of all, take a sober look at yourself and determine which psychotype you belong to.

If the thirst for money does not deprive you of your sanity, but you are ready to work persistently for a decent income, behave consistently and do not become depressed because of losing, then you are most likely a sanguine person and trading systems with a weighted ratio of risk and probable profit are suitable for you .

Choleric people, as a rule, are impatient, give them everything at once, long-term trading is not for them at all, because they want to earn a lot quickly and a lot. Unfortunately, such “rushers” very often do not stay on the market for long, since their carelessness and haste lead to a quick loss of the deposit. Short-term trading is not recommended for them due to their nature; they themselves cannot stand long-term trading; all that remains is the opening of medium-term positions.

For those who are insecure, inconsistent, melancholic, always rushing around in search of the truth, and who are sometimes capable of making the most unexpected decisions, you can’t think of anything better than systems built on short stop losses and take profits.

But phlegmatic people are the kings of the market. Waiting is not a problem for them, they are unperturbed, always calm and make only thoughtful decisions. Therefore, luck smiles on them much more often than others, and they have no restrictions on the methods and methods of trading. Any strategy will suit such people.

2. How prepared are you? Some people think they know everything or almost everything. Some, on the contrary, are confident in their complete ignorance. It all depends on self-esteem, but if you want to succeed in Forex, try to evaluate yourself objectively, or rather, not yourself, but the level of your knowledge about foreign exchange trading, its rules and principles. Because there is absolutely nothing to do in this business without preparation. To begin with, we advise you to read specialized literature (Lefevre, Nyman, Elder, etc.), believe me, this is not boring reading at all, and you can glean a lot of useful information from the works of the listed authors.

3. Trading takes time. In principle, there are no strict requirements here. You can devote an hour to work - devote an hour, you can spend the whole day - for your health. There are options here for both very busy people and those with a lot of free time. You just need to take this factor into account when choosing a strategy. But in order to unload psychologically, set aside at least one day a week to rest from trading, that is, don’t even think about it on that day, do something completely different.

• When building your own new strategy, try not to complicate it. Success lies precisely in simplicity and clarity;
• Don't overdo it with the number of indicators. The saying “you can’t spoil porridge with butter” does not apply here. It is optimal to use no more than 2-3 indicators simultaneously;
• trade only with money that you can calmly accept the loss of, do not risk your own well-being and the well-being of loved ones for the sake of possible profit;
• do not neglect the stop loss, otherwise your balance will be reset to zero very soon;
• test your trading system using the “1-2-3” method, that is, one pair of currencies is tested on two time periods using a maximum of three indicators. Judge the profitability of the system based on 100 operations - if in total they turn out to be profitable, then the testing was successful;
• Count your profits not in monetary terms, but in points;
• As you work, you will encounter support and resistance levels. So, thanks to them you can make good money, don’t lose sight of them;
• do not believe in fairy tales about tripling your deposit per month that are spread on the Internet. Miracles, unfortunately, do not happen, and the coolest traders do not strive for instant enrichment, but for a stable increase in their deposit without unreasonable risks and losses. The most risky trading methods give a gain of ten percent per month, no more;
• the situation must be assessed immediately. Even a few seconds of delay in entering the market can be fatal;
• expect your potential profit to be at least 2 times greater than your possible losses. The stop loss cannot even be equal to the take profit, let alone be less than it.

We introduced you to the concept of Forex strategies and tried to give recommendations on their choice. But, the main thing we wanted to achieve was to convince our readers of the need to have a trading system and mandatory compliance with its requirements. It happens that the situation seems to be developing very successfully, and you just have to take a little risk, deviate from the rules, and here it is, happiness, expressed in banknotes. We don’t argue that unexpected luck does happen, but very rarely. Much more often, a trader pays for such indiscipline with loss of money and disappointment.

Therefore, before we wish you good luck, we want to repeat - trade only according to the strategy, do not take unjustified risks, strive not for big, but for stable profits, and before trading on real funds, practice on a demo account. Now - good luck!

The ability to correctly analyze the price chart of a currency pair is one of the key skills for a trader. However, its presence does not automatically make a trader successful.

Of course, trading results are very dependent on the skills of technical analysis, however, the skill of chart analysis itself excludes the participation of any Money and the trader's emotions. It is problematic to exclude money and emotions from the process of real trading on the foreign exchange market. This is why two traders with the same knowledge and skills will show completely different results.

You can’t just go and enter the market

Every day, many trading recommendations and forecasts for trading in the foreign exchange market are published on trading websites.

However, none of the most accurate forecasts will bring profit to a trader if he does not know how to enter the market in a timely manner.

The ability to find, for example, a “Head and Shoulders” pattern on a chart will bring profit only if the trader is able to implement the signals of this pattern at the required moment in time. The time interval between the formation of a signal to enter the market and the opening of a transaction is the factor without which it is very, very problematic to obtain income in the foreign exchange market.

There are many methods for choosing the right time to open a trade, but the most universal and, at the same time, effective are three approaches:

• Entering the market when the price breaks through a certain technical level.
• Enter the market at the end of the correction in the direction of the trend.
• Opening a trade in a narrow price range that precedes a strong price movement.

Let's look at each of these strategies in more detail.

Entry strategy #1. Level breakdown

Entering a breakout of a technical level is very simple and is used by many traders.

Its essence is as follows: the trader determines static or dynamic support and resistance levels on the chart and enters the market after the price breaks through the levels up (buy) or down (sell).

Level Breakdown Strategy

The most common mistake

Along with its simplicity, such a strategy for entering the market carries quite a big danger. According to the classical rules of technical analysis, a trade should be opened when the level is broken only when the price returns and rebounds from it. That is, a prudent trader will refrain from opening a trade during the initial breakout, expecting the price to return to the level and rebound from it. If this does not happen, then the trader simply does not open a deal.

Error in the “Level Breakdown” strategy

Emotional traders, who, unfortunately, are much more numerous, know about this rule, but do not observe either the first or second point. And the price continues to fall rapidly, having already traveled quite a distance from the broken level. Trader #2 rushes for momentum and opens a trade. As a rule, literally after just a few points, the price turns around and goes against the trader, bringing a loss.

Loss instead of profit

Since the position was opened in violation, there is no question of any adequate size. Sometimes a trader doesn’t even simply place it, because there is absolutely no place to place it correctly, but that’s another story.

Thus, a price breakout of a technical level can bring good profits only if you enter the market in a timely manner. Most traders are in a hurry to “jump on the departing train,” often receiving a loss instead of a profit.

Strategy No. 2. Entry on a corrective pullback

Trading with the trend is the simplest and most profitable way to trade in the foreign exchange market.

Its principle implies that after a strong price movement, the price corrects to the technical trend line (support line for an uptrend, and resistance line for a downtrend), after which it forms the next impulse in the direction of the trend.

Strategy No. 2 involves opening a position at the end of a corrective pullback. The method is very effective, since the money of those traders who did not manage to enter on previous trend impulses is used as a “price engine”. Having opened a trade at the right moment, all that remains is to allow the price to reach the set goal, bringing profit to the trader.

Underwater rocks

However, pitfalls await the trader here too. According to the classics of technical analysis, a trade should be opened only after the price breaks away from the trend support (resistance) line.

However, not everyone has the patience to wait for the price to rebound, and why lose extra points if you can open a buy position right when the price touches the trend support line, reinforcing your confidence in your rightness with the phrases: “The current trend is more likely to continue than change direction.” , “Trend is your friend” and the like.

Here clear example what this could lead to:

That is, the trader’s greed and haste led to the fact that he did not wait for the price rebound, hoping that it would happen, and opened a buy position, which, according to his calculations, should have been at the very beginning of the price impulse, bringing additional profit. The calculation did not come true - the price broke through the support line, the upward trend ended, and the buy deal had to be closed at a loss.

A prudent trader, without waiting for a rebound, would simply remain out of the market without incurring any losses. And the whole difference between the two traders is the time chosen to enter the market.

Strategy No. 3. Entry in a narrow price range

Opening a trade when the price is in a narrow price range worries many traders, although this principle is not fundamentally complicated.

From a logical point of view, it is precisely when the price is in a narrow price range that is the most optimal time to open a transaction. Volatility is low, allowing you to select appropriate levels for positions, and a period of consolidation is usually followed by a sharp price move up or down.

That is, a trader opens a position when the price is, roughly speaking, in a narrow flat movement, and waits for it to rise or fall sharply, depending on the forecast made.

This strategy has enough significant advantage– if the trader’s forecast does not come true and the price goes against, the deal can be closed with a minimal loss.

How to strengthen the strategy?

Technical analysis figures that are based on the principle of price accumulation are most suitable for such a market entry strategy. These are patterns such as “Flag”, all types of tapering “Triangles”, “Wedge”, “Pennant”, etc.

The price is compressed in a narrow range, like a spring, which increases the likelihood of a sharp exit from the established range. And a trader who correctly predicts this price movement and opens a trade on time will make a good profit.

As a rule, such price breakthroughs are quite rapid and if you miss the moment, then catching the impulse can lead to the consequences described in the first strategy. If, for example, arrange SellStop at the level of a likely price breakout, then the deal will work on its own.

If the price breaks out in the opposite direction, the SellStop order will naturally not be opened. If, as a result of a false breakout, the “pending” order is still opened, but the price goes in the opposite direction, due to the narrowness of the price range, the size of the stop loss will be small, minimizing losses.

Forex strategy means a set of rules according to which work in the market is conducted. This set of rules describes the conditions under which transactions are concluded, and also includes rules for money management, placing stop loss and take profit orders, etc.

Depending on what trading instruments are used by a trader, we can roughly distinguish the following types:

• Indicator vehicles – the main role is given to indicators. There is a risk that the strategy will cease to be profitable due to the fact that the indicator settings will no longer be relevant. Optimization is possible, but doing it manually is not so easy.
• Based on graphical analysis – these Forex strategies are based on charting and Price Action patterns. This category of trading system does not become outdated over time.
• based on Japanese candles - also do not become outdated.
• based on wave analysis - a rare type of TS, usually wave analysis is used to get a general idea of ​​the situation on the market, but not to find points for concluding transactions.
• news vehicles - most often trading is carried out in an attempt to catch the price movement after the release of news. That is, the trader is trying to catch an impulse price movement.

When choosing, keep in mind that even the best trading strategies can turn out to be unprofitable if the trader does not comply 100% with its rules. It is advisable to take into account your own preferences, and not rely on the results of the TS test and reviews of other traders. When starting to work in the market, it is advisable for beginners to pay attention to trading systems with a working time interval from H1-H4.

The section on each trading system provides a detailed description of the trading rules, as well as real examples of transactions using it. However, before use on real account We recommend that you first study how you could trade history using the chosen Forex strategies, and then work on a demo account.

Subcategories

Calm River Strategy

How often do we look for something complex that, in our opinion, may turn out to be the long-awaited Grail and neglect simple but effective techniques. The “Calm River” strategy is based on two moving averages – which is much simpler. However, indicators are used in a non-standard way and show good results. The goals are small, but true and are fulfilled with a high probability.

Trading system "Oracle"

The Oracle trading system is indicator-free. Their advantage is that there is no delay from indicator signals, which means you can enter at the very beginning of the movement and get maximum profit.

Strategy for correlation of currency pairs

Effective correlation strategies are suitable for lovers of medium- and short-term trading instruments for the Forex market. This trading system is based on fundamental analysis and assumes that trades will be opened manually. Making decisions independently, a trader can choose the level of aggressiveness of the strategy, placing from 10 to 25 trades per month.

Strategy based on a grid of pending orders

Among the trading strategies that allow you to make a profit on the Forex market, there are also those that allow you to do without analysis. They are called griders, and traders are called griders, respectively.

FXMath Pip Generator System Strategy

The FXMath Pip Generator strategy was borrowed from foreign colleagues and fully met the expectations of those who found it there. And not only. Many Russian-speaking traders have already been able to appreciate all the advantages of this semi-automatic system. Semi-automatic, because it allows the work of an adviser, but leaves “room for maneuver”. Allows the trader to make decisions about entering a trade independently.

FxMax5 Strategy

FxMax5 is an indicator arrow system, which is built on the principles of market trends. The most favorable situations for trading using this strategy are when there is a clearly defined trend in the market.

Step Strategy

The main indicator, from whose readings the entire algorithm of the Step trading strategy begins to be built, is BBands_Stop_v1. The instrument is trending, so the entire strategy, as expected, shows the best results when there is a stable trend in the market.

Strategies based on ZigZag on Forex

ZigZag refers to the list of instruments available for free access to the MT4 terminal. Therefore, the indicator is found in many vehicles. If it is used correctly and at the same time intelligently filtered by additional tools, then a strategy based on ZigZag is quite capable of significantly increasing the deposit.

Trading strategy Tricolor

Scalping is a rather risky trading style, but the Tricolor trading strategy is of particular interest to its fans. It is based on the use of a whole list of instruments, among which there are a couple of stochastics and three moving averages, which are marked in different colors for convenience.

Hubba Hubba Style Strategy

Trading strategy binary options Hubba Hubba Style is the result of the collective creativity of traders. In general, this TS has a non-trivial approach to trading, which is due to the personal experience of its compilers. The period of testing the strategy in real time on a real account has long exceeded 12 months, so we can reasonably say that it is profitable and very attractive for traders.

Bollinger and RSI strategy

A reasonable approach to trading allows you to get good trading opportunities using standard indicators. At the same time, a profitable trading strategy does not have to be complex, for example, like the “Bollinger and RSI” strategy - profitable setups, most often, are quite simple.

Black Hole Strategy

Many traders successfully use visual identification of various patterns on a candlestick chart. Alternatively, the indicator monitors the appearance of the next figure on the market. It should be understood that the algorithmic approach to market analysis is quite new, while graphical analysis was successfully used long before the invention of indicators.

Livermore Trading System

Jesse Livermore is unique and very successful trader, who, without any education, earned millions of dollars in 1 day of trading. Interestingly, he began his trading career at the age of 14 and by the age of 15 he was earning up to $1,000 in one working day. If we take into account dollar inflation over the last century, today this amount would be about 20,000 units of US currency. Impressive result. How could a boy who lived on a farm become so productive?