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The Most Reliable Online Forex Trading Strategies

Since Forex has become more popular with so many investors all over the world, more and more people are turning to it to make money. Although the forex market presents a wide range of opportunities, it is important to understand the risks that are associated with it. The forex market is extremely volatile, due to the large volume of traders and the number of factors that can move the price of a currency pair.
Whereas some of them are based on the effect of the current political and economic scenarios of a country, some others rely on charts and numbers that are based on past performances of the forex market All the strategies that are explained briefly in this article have different levels of complexity.



If the price moves higher than the previous resistance level, the trader will want to enter at this breakout point expecting the prices to go further high and similarly if the price breaks the previous support level, the trader will want to sell at the point expecting the market to go further low.
Day traders pay particularly close attention to fundamental and technical analysis, using technical indicators such as MACD (Moving Average Convergence Divergence) , the Relative Strength Index and the Stochastic Oscillator , to help identify trends and market conditions.
Though I am new in forex I have devoured two of your of your books the one on reading candle stick pattern and the ultimate guide to price action trading, I found them really helpful, but the transition trading strategy on this article really caught my attention, I would like it if you could expound more on it in subsequent articles.

A passive investor would watch the fundamental factors, like inflation and unemployment rates of the country whose currency he has invested in, or would rely on the analysis of the company whose stock he owns, considering that company's growth strategy, the quality of its products, etc.
The entry is confirmed on a break of the candle high (if uptrend) after a sequence of decreasing volume candles, with the stop loss placement below the most recent low (if uptrend), targeting as first objective for the strategy a retest of the most recent high, where the position will be moved to breakeven and as a rule of thumb, 50% of profits should be cashed out, while the remaining position could aim to target a move to the 100% projection target, as per the concept explained in this article.

Remember that these strategies tend to work best when a trader add factors of confluence such as trading with the dominant market cycle in higher time frames, alignment with fundamentals, a mechanical risk management, awareness of risk events just to name a few elements.
Exit strategy: you can choose between simply using a time-based exit, which should be between 5 and 8 days (the upper limit has historically given the most forex trading strategies profitable performance) after entering the trade, or some kind of a trailing stop once the price has reached a floating profit at least double the risk.
If in technical analysis traders mainly deal with different charts and technical tools to reveal the past, present and future state of currency prices, in fundamental analysis the importance is given to the macroeconomic and political factors which can directly influence the foreign exchange market.

You will nearly always hit your break even or hit the 0.5 risk stop loss that you have moved up. Honestly I could go on. The smart and savvy traders on also note that caroline absurdly cherry picks the charts which are beautifully trending to show us AND EVEN THEN misses alot of her own setups that simply dont suit her narrative.
Based on her claim, the strategy should give a win ratio of 80%-90% and a reward-risk ratio of 1.5x. She even showed a two year back test to try to prove it. However, as I was following her back test on my charts, with the same settings and the same candle close time, there were a lot of trades that she missed out that should have been taken based on her rules.

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