Forex Techniques - Forex trading?

[Pdmm909090]

Forex Techniques: What is the best way to do Forex trading?

 

[Daantje Pieters]

Understanding the market momentum is essential for doing Forex trading analysis. If the market context is understood correctly, it is possible to feel very comfortable by trading. If you do not understand the market momentum, how can you make a profit? Of course, you need to get an idea of the movement of the market.

 

[Bonginkosi2021]

Forex Techniques: What is the best way to do Forex trading?

Trading using EA's and indicators

 

[mlawson71]

It really depends on the person what the best way is for them individually. A trader who wants to scalp and has the time and opportunity to scalp would trade in a different way from a person who wants to hold long-term positions.

 

[Daantje Pieters]

Money management and risk management should be done if the forex trading strategy is to be managed properly. As a trader, I always try to develop a trading strategy. If the trading strategy can be developed and the formula can be maintained and traded, then it is possible to gain a lot of profit. But first, the trading strategy should be developed.

 

[mlawson71]

Most traders aren't experienced enough to develop their own strategies though. They use ready made ones.

 

[fxmars]

Keep it simple in the beginning. Focus on a couple of indicators and price action. The real key to success is experience and screen time.