The Best Forex Trading Strategy Reviews
There are number of forex trading strategy that suit with each forex trader requirement. Choose from this the best forex trading strategy list that makes you simple to choose based on your requirement.
- The first is Bladerunner trade. The bladerunner is best option for EMA crossover strategy. This strategy is suitable for entire timeframes and pair currency. This is trending strategies that try to pick the breakout from continuation and retest trade.
- ·Second is the most popular strategy, Fibonacci. This is considered as medium-long term forex trading strategy that use to follow repeating support and the resistance level. Fibonacci takes the advantage from the market moves in waves chart. There are two Fibonacci strategies that able to consider base on the requirement. The first is Daily Fibonacci pivot that combine the Fibonacci retracement and extensions with time pivot, whether it is daily, weekly, monthly or in year pivot. By using the combination even with daily pivot, the trade is easily extended to longer timeframes that will incorporate with any combinations of pivot. The next is Forex Overlapping Fibonacci trade. This strategy has lower reliability with other strategy but when it combines with appropriate conform signal, it can be extremely accurate. The Fibonacci ratio will help in identifying the potential resistance and support level that shows in the financial chart. The ratios are come in range 61.8%, 50% and 31.8%.
- The third is Bolly Band Bounce Trade that perfect for ranging the market. There are many traders that use this strategy and combine with confirming signals that will offer greater effect.
Choose the best forex trading strategy
There are countless forex trading strategy that relying on technical chart use and numbers, while the others rely on the understanding of fundamental in market with reference to the current events. Some strategy becomes very popular while others are used by minority users. The forex trading strategies are range in different levels of complexity. Every forex trader should learn on how to look for the support and resistance level on the chart of strategy. The strategy is baseline for trading activity and analysis with the best forex trading strategy.