Top 5 Forex Trading Strategies for 2019|Success in 2019

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Top 5 Forex Trading Strategies for 2019|Success in 2019



1. Scalping: This is one of the most popular forex trading strategies which lasts for a short-term period.  On an average, you will be able to make 5-10 pips gain on every trade.



2. Day Trading: It’s more suitable for experienced traders. The preferred technical charting time periods are typically 15 mins and 1 hour.



3. Swing Trading: Establishing and then closing out trading positions based on the momentum of the underlying currency pairs. On an average, this strategy extends over a few days. The idea is to gain profit from short-term price patterns. It is typically positioned between very short intra-day trades and long-term ones.



4. News Trading:  Trading around the time of key news event such as a major economic data release. Generally, it does not involve an overnight position. You can take advantage of the market’s volatility before and after the news release.



5.  Trend Trading: This requires technical analysis to identify the direction of the trend and to determine the suitable entry points. Trend traders generally take overnight positions. Sometimes they run a position until the trend concludes.



⚠Trading the financial markets involves high risk you can lose part or all your money. Never invest money you cannot afford to loose.⚠



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