Hot Forex Trading Strategies / Currency Trading Strategies

[?] Subscribe To
This Site

Forex Trading Strategies

Ok, you need some forex trading strategies to make money trading forex or spot currency. You can use most of the stock trading strategies on this and other stock trading / forex trading websites, but I found if you combine the following currency trading strategies together, they work extremely well:

Elliott Wave - If you have not bothered or studied them before, you could potentially miss a good trading opportunity as every now and then, these wave patterns are literally staring at you including intraday trading and you can project where one wave ends.

You can watch a free video on Tips From a Pro: How To Trade Forex With Elliott Wave

Fibonacci Retracements - Currencies seem to like the golden ratio. So don't ignore this.

Gartley Pattern - This do occur every now and then, including intraday trading. If you day trade on currencies, I suggest you use this day trading software that can find this pattern for you on the chart. You can also use the software for end of day data as well.

Delta Trading - You may have read my introduction to delta page, where you can project and predict future turning points and trade in the direction of bigger trend. You can apply this method to trading currencies. If you work out what stop loss you require and enter the trade near the major turning point, you can make lots of money trading forex using this currency trading strategy.

I know someone who literally use this forex trading strategy to trade currency via the delta society member where you are given all the turning points and projected 1 year into the future. He's laughing all the way to the bank.

Here is an example of British Pound to US dollar,( a snap shot of the delta society page)

All you need to do is trade in the direction from one cycle to another. The red (lower time frame), green ( medium time frame ), the blue ( higher time frame ) numbers were all predicted well in advance. So if you know there is a turning point around number 5 and green 2, then you could place a buy stop order just above the high of the lowest bar and ride the long trade all the way to the next cycle /turning point. You then put a trailing stop to get you out of the trade at a profit.

Likewise you can place a sell stop order to short the market just below the low of the highest bar when you know there is a major turning point near the blue 1, red 6 and green 3 numbers and ride the trade down to the next predicted cycle turning points green 4 and red 9. You can also trade for a few days from one red point to another.

You can get all these currencies turning points projected 1 year into the future by becoming a member of delta society

Learning Other Forex Trading Strategies

If you are quite new to trading forex or want to learn more on how to make money trading currencies using simple currencies trading strategies, I find the following trading strategies from ebooks and video lessons are quite useful for your trading :

10 minute a day forex trading strategy - These focus on swing and breakout strategies which can be identified just using 10 minutes a day. They show you how to spot these breakout and swing trades using real time trade examples.

Surefire Forex Trading - This ebook is written by the Mark McRae, the same person who send me details of pivot point trading technique, and thanks to him, I have made some very profitable trades including intraday trading.

This ebook course cover all the essential forex trading strategies which you can master within a day. You combine certain simple indicators and technical analysis that can consistently and accurately tell you where to get into and out of the market with a massive profit.

You can apply these currency trading strategies, and other stock trading strategies from bonus ebooks to your currency trading.

Click here for your surefire forex trading ebook

Return to stock trading strategies home page from forex trading strategies page