moonchild
VIP Contributor
We use strategies as forex traders to trade all the time, and I can also relate how emotional traders are about their strategies but this thread is created to share what we are currently using to gain profits in the market, I know that strategies differs and even if you are scalper at least there are some rules that you adhere to that makes your trading straight forward for you and kind of a routine.
I will go first as the owner of the thread, the strategy that I use in forex is Price action, I just look at the market, first thing I do befpre making trading decisions is to go to higher time frames and look for opportunities, I will then trickle down to lower timeframes and see if there is any opportunity, but it depends on the mood, if i am in the aggressive mood, I will fund small amount like 10$ and then scalp on lower timeframes using price action.
I also use other things like supply and demand, support and resistance , I always mark my level on my chart, whenever price approaches a line I will just look at the price action and then dive in.
I will go first as the owner of the thread, the strategy that I use in forex is Price action, I just look at the market, first thing I do befpre making trading decisions is to go to higher time frames and look for opportunities, I will then trickle down to lower timeframes and see if there is any opportunity, but it depends on the mood, if i am in the aggressive mood, I will fund small amount like 10$ and then scalp on lower timeframes using price action.
I also use other things like supply and demand, support and resistance , I always mark my level on my chart, whenever price approaches a line I will just look at the price action and then dive in.