Monday, October 6, 2025
  • About
  • Write for us
  • Contact
Today News
  • Business
  • Tech
    SEO Agencies

    How To Audit Your Ecommerce Site Structure SEO? A complete Step-by-step Guide for Beginners

    How to Choose the Right Analytics Tools to Improve Your Payment Workflow

    How to Choose the Right Analytics Tools to Improve Your Payment Workflow

    Navigating the Magic of UI Animations: Unveiling the User Experience

    Navigating the Magic of UI Animations: Unveiling the User Experience

    Application Services

    Belitsoft Lists Top 5 Trends Shaping Managed Application Services in 2025

    How Technology Ensure Safe and Secure Online Gaming with Eat and Run Verification

    Smart Building Technology Integration: Future-Proofing Hospitality Through Intelligent Systems

    Laptop

    Laptop Running Slow? A Technician’s Guide to Performance Restoration

    Woman in a red dress wears a VR headset, standing in front of a vibrant digital backdrop with blue and pink glowing lines, creating a futuristic feel.

    The Future of Online Entertainment: What’s Next for a Digital Generation

    How businesses can balance AI innovation with online security

    How businesses can balance AI innovation with online security

    Modern office with two people working at desks, each focusing on computer screens displaying code. The room is dimly lit, creating a focused atmosphere.

    Top 10 Bespoke Software Development Companies in 2025

  • Consumer
    Understanding the Baby Monitor Market: What’s Driving Growth and Innovation

    Understanding the Baby Monitor Market: What’s Driving Growth and Innovation

    Craving Connection: Why Food Gifting Is the New Love Language

    Craving Connection: Why Food Gifting Is the New Love Language

    How to Celebrate Milestones from Afar: The Rise of Digital Gifting in the UK

    How to Celebrate Milestones from Afar: The Rise of Digital Gifting in the UK

    How to adjust glasses at home – a step-by-step guide!

    How to adjust glasses at home – a step-by-step guide!

    Why quality toilet cubicle hardware matters

    Why quality toilet cubicle hardware matters

    Common Mistakes in KYC Identity Verification

    Common Mistakes in KYC Identity Verification

    Consumer habits

    British Furniture Market Sees Significant Changes in Consumer Preferences

    Why are high-street bookmakers declining in the UK?

    Why are high-street bookmakers declining in the UK?

    Straps for smartwatches: The Complete guide

    Straps for smartwatches: The Complete guide

  • Finance
    How workplace pensions have changed in the UK

    How workplace pensions have changed in the UK

    Computer monitor, calculator, keyboard, mouse, smartphone, and wireless earbuds on a pink surface, creating a modern and tech-focused scene.

    Surprising Tools That Can Help You Manage Your Money

    Close-up of a smartphone screen showing stock data with a dark background. Companies listed include Boeing and Disney. Graph lines suggest market trends.

    Best Online Forex Brokers for High Leverage and Risk Management

    Person holding a smartphone displaying a stock market graph, with a laptop showing financial data in the background. The mood is analytical and focused.

    Top 5 Mutual Funds in the UAE (2025)

    Glass vase containing a money plant, symbolizing savings and financial growth.

    Building Generational Wealth: How Professionals Can Plan Beyond Their Lifetime

    Close-up of the word gambling

    UK gambling tax debate: simplification or squeeze?

    Net Worth of Pastor Chris Oyakhilome: 15 Key Contributors

    Net Worth of Pastor Chris Oyakhilome: 15 Key Contributors

    Visual guide on starting a business plan, highlighting key accounting and finance elements for new entrepreneurs.

    Finance vs accounting: Key differences and career paths

    The Role of Blockchain in Sports Beyond Cryptocurrency

    The Role of Blockchain in Sports Beyond Cryptocurrency

  • Environment
    Aerial view of London shows Thames River, bridge, and cityscape with modern and historic buildings

    Why Air Pollution Control Systems are Important

    Five Ocean Discoveries That Could Change How We See the World

    Five Ocean Discoveries That Could Change How We See the World

    Choosing the Right Sustainability Partner: How Eco-Efficient Tech Transforms Industry

    Choosing the Right Sustainability Partner: How Eco-Efficient Tech Transforms Industry

    Moving Abroad? Here’s What to Expect – and Why Cardboard and Plastic Waste Removal Is Essential After Unpacking

    Moving Abroad? Here’s What to Expect – and Why Cardboard and Plastic Waste Removal Is Essential After Unpacking

    How Weather Events Like Heavy Rain or Heatwaves Affect Pest Activity

    How Weather Events Like Heavy Rain or Heatwaves Affect Pest Activity

    Building a Carbon-Competitive Advantage with Sustainability and Decarbonization Consulting

    Building a Carbon-Competitive Advantage with Sustainability and Decarbonization Consulting

    The Lost Art of Orienteering: Why Map and Compass Skills Still Matter

    The Lost Art of Orienteering: Why Map and Compass Skills Still Matter

    Sustainability in Dining: Reducing Waste for a More Profitable Future

    Sustainability in Dining: Reducing Waste for a More Profitable Future

    Environmental Benefits

    What Are The Environmental Benefits Of Choosing Eco-friendly Rubbish Removal In Croydon?

  • Property
    Safe asbestos management for homeowners

    Safe asbestos management for homeowners

    Angular, metal sheet wall with diamond patterns behind a dark railing, conveying an industrial feel. The texture is reflective and geometric.

    7 Design Concepts That Use Decorative Metal Sheets

    Worker repairs a red-tiled roof, balancing on scaffolding. They wear protective gear under a clear blue sky, conveying focus and diligence.

    The Complete Guide to Roof Repairs: What Every UK Property Owner Needs to Know in 2025

    A Comprehensive Guide on an Inline Extractor Fan

    A Comprehensive Guide on an Inline Extractor Fan

    Red door labeled "Fire Exit Keep Clear," indicating it should remain unobstructed for safety.

    Fire door compliance: Essential considerations for contractors and housebuilders

    Furnished Apartments

    London Serviced Apartments: A Growing Trend Among Modern Travellers

    Close-up of Bungalow Houses

    The Key Reasons Park Bungalows Are A Smart Investment

    Discovering the Charlie Oven The Rural Ranges Ltd Approach

    Discovering the Charlie Oven The Rural Ranges Ltd Approach

    Sleek and Sturdy Bathroom Glass Shelves for Modern Homes

    Sleek and Sturdy Bathroom Glass Shelves for Modern Homes

  • eCommerce
    Winning PPC Strategies for E-Commerce Brands

    Winning PPC Strategies for E-Commerce Brands

    Ecommerce Platform

    What Makes a Global Ecommerce Platform User-Friendly

    From 1688 to shopee: the singaporean seller’s guide to paying china suppliers

    From 1688 to shopee: the singaporean seller’s guide to paying china suppliers

    The Importance of Digital Valuations for UK Ecommerce Brands

    The Importance of Digital Valuations for UK Ecommerce Brands

    Blink-and-Buy: Designing Checkouts That Convert in Under 10 Seconds

    Blink-and-Buy: Designing Checkouts That Convert in Under 10 Seconds

    High Stakes Strategies: Lessons E-commerce Entrepreneurs Can Learn from Casinos

    High Stakes Strategies: Lessons E-commerce Entrepreneurs Can Learn from Casinos

    Amazon Expert

    Amazon Expert: Key Qualifications to Look For

    Boosting Ecommerce Revenue with Smart Targeting Strategies

    Boosting Ecommerce Revenue with Smart Targeting Strategies

    Personalized Shopping: How Technology is Transforming Retail

    Personalized Shopping: How Technology is Transforming Retail

No Result
View All Result
Today News
Home Finance

5 Common Forex Trading Strategies and how to use Them

Claire by Claire
February 22, 2023
Reading Time: 4 mins read
5 Common Forex Trading Strategies and how to use Them
900
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

Introduction

Trading forex without any strategy is just like starting a journey without a map since you don’t know where your investment will end up. Without a forex trading strategy, you might make or lose cash, but you have no idea which one is more likely to happen.

The big benefit of having a strategy is that you can avoid guesswork. Keep reading to discover more about forex trading strategies, including what they’re and their basics.

Related posts

How workplace pensions have changed in the UK

How workplace pensions have changed in the UK

October 1, 2025
567
Computer monitor, calculator, keyboard, mouse, smartphone, and wireless earbuds on a pink surface, creating a modern and tech-focused scene.

Surprising Tools That Can Help You Manage Your Money

September 29, 2025
473

What’s a Forex Trading Strategy?

A forex trading strategy includes a collection of rules that help determine when to enter a certain trade, how to control and when to close it. Based on trader goals, a forex trading strategy can be either simple or complex. Traders utilising technical analysis find it straightforward to define their entry or exit rules.

On the other hand, traders using fundamental analysis find it difficult since more discretion is involved. Despite that, each trader needs a forex trading strategy since it’s a perfect way to achieve the much-needed consistency and allow you to measure your performance.

The Basics of a Forex Trading Strategy

A forex trading strategy can be an automated or a manual method for creating trading signals. An automated system involves a trader creating an algorithm that identifies trading signals and executes the trade independently.

On the other hand, a manual system involves a trader using a computer to find trading signals, interpret them and decide whether to purchase or sell. An automated system doesn’t include a human emotion in the equation, meaning it can significantly boost performance.

How to Create a Forex Trading Strategy

Beginners should start with simple forex trading strategies. Simple strategies include several components like choosing the market, position sizing, entry points, exit points and trading tactics.

Traders should consider creating their forex trading strategies in programs that make it straightforward to automate rule-following. These programs also allow traders to back-test their trading strategies to know how they would’ve performed earlier.

Five Common Forex Trading Strategies

Many fruitful strategies for forex trading exist. However, not all are ideal for each trader. Choose a trading strategy that blends smoothly with your unique situation, including personality type, risk tolerance and available time. Here are the five best forex trading strategies most online investing platforms recommend in the UK.

Trend Trading

A popular long-term forex trading strategy, trend trading involves following the directional movement or prevailing trend in the market for a given currency pair. This trading strategy, in most cases, involves selling on rallies and buying on pullbacks in downtrends and up trends, respectively.

Momentum/Swing Trading

Momentum/swing trading strategy aims to capture multiple market moves. Traders who utilise this trading strategy trade with major trends in the market and also against them, so they should be ready to hold overnight positions. Momentum traders focus on entering existing positions depending on swing indicators that offer buy and sell signals.

News Trading

A news trading strategy is an ideal option for traders with a decent appetite for risk or those with deep pockets. This strategy can be based on technical and fundamental analysis, and it benefits from noticeable volatility often seen in the forex world just after important news releases.

Day Trading

Day trading is one of the short-term forex trading strategies. Traders follow this strategy during a given trading session. Generally, traders who utilise this strategy don’t take overnight positions, which means they close out all trades daily, reducing exposure to forex market movements when investors are inattentive.

Scalping

Scalping is a shorter-term forex trading strategy that includes taking numerous small profits on forex trading positions with a shorter duration. Traders using this strategy require ultra-quick reaction times since they normally enter and exit trades in a few minutes or seconds.

Before picking one of these strategies, click here to learn more about forex trading.

Claire

Previous Post

Has Watching Cricket Got Too Boozy?

Next Post

What Types of Backlinks are Bad for SEO?

Related Posts

How workplace pensions have changed in the UK
Finance

How workplace pensions have changed in the UK

October 1, 2025
567
Computer monitor, calculator, keyboard, mouse, smartphone, and wireless earbuds on a pink surface, creating a modern and tech-focused scene.
Finance

Surprising Tools That Can Help You Manage Your Money

September 29, 2025
473
Close-up of a smartphone screen showing stock data with a dark background. Companies listed include Boeing and Disney. Graph lines suggest market trends.
Finance

Best Online Forex Brokers for High Leverage and Risk Management

September 26, 2025
432
Person holding a smartphone displaying a stock market graph, with a laptop showing financial data in the background. The mood is analytical and focused.
Finance

Top 5 Mutual Funds in the UAE (2025)

September 24, 2025
561
Glass vase containing a money plant, symbolizing savings and financial growth.
Finance

Building Generational Wealth: How Professionals Can Plan Beyond Their Lifetime

September 19, 2025
500
Close-up of the word gambling
Finance

UK gambling tax debate: simplification or squeeze?

September 18, 2025
516
Next Post
What Types of Backlinks are Bad for SEO?

What Types of Backlinks are Bad for SEO?

RECOMMENDED NEWS

Genie AI Achieves 30x Growth in One Year, Attracting Major Organisations

Genie AI Achieves 30x Growth in One Year, Attracting Major Organisations

2 years ago
484
Navigating the Skies with Mostbet’s Aviator: Your Ultimate Guide

Navigating the Skies with Mostbet’s Aviator: Your Ultimate Guide

2 years ago
1.2k
12 Ways to Contact: How Can I Speak to Someone at Allegiant Airlines – A Step-by-Step Guide

12 Ways to Contact: How Can I Speak to Someone at Allegiant Airlines – A Step-by-Step Guide

4 months ago
114
Upstream Vs Midstream Software for Oil and Gas: Choosing the Right Tool

Upstream Vs Midstream Software for Oil and Gas: Choosing the Right Tool

1 year ago
466

BROWSE BY CATEGORIES

  • Business
  • Careers
  • Charity
  • Consumer
  • Culture
  • eCommerce
  • Education
  • Energy
  • Engineering
  • Entertainment
  • Entrepreneurs
  • Environment
  • Fashion
  • Finance
  • Food & Drink
  • Gaming
  • Gardening
  • Health
  • Insurance
  • Interiors
  • Legal
  • Leisure
  • Lifestyle
  • Manufacturing
  • Marketing
  • National
  • News
  • Opinion
  • Pets
  • Politics
  • Property
  • Sales
  • Sport
  • Sports
  • Tech
  • Transport
  • Travel
  • Uncategorized

BROWSE BY TOPICS

Agency AI autosmart banking Beauty business Christmas construction cyber security data digital Digital Marketing Services ecommerce entertainmnet finance fitness Forex health inflation insurance kitchen KYND lifestyle manchester music News north overseas Personal Injury Pharmaceutical Industry property Real Estate recruitment Sir Michael Morpurgo Skincare sports technology tourism travel UK vehicles Warkworth village watch workspace yorkshire

Latest news

Vibrant casino interior with rows of colorful slot machines, plush carpeting, and chandelier lighting, creating an energetic and inviting atmosphere.

How Does an Online Casino Differ from Land-Based Slot Machines?

October 6, 2025
Winning PPC Strategies for E-Commerce Brands

Winning PPC Strategies for E-Commerce Brands

October 6, 2025
The art of diplomacy: Denis Sassou N’Guesso

The art of diplomacy: Denis Sassou N’Guesso

October 6, 2025
cash

Alternative Business Funding Options When Traditional Banks Say No

October 6, 2025
Crypto Trading Bot

Best Crypto Trading Bot on CryptoRobotics: The Complete 2025 Guide

October 6, 2025
Real Estate

How Interest Rates Shape Real Estate Investment Decisions

October 6, 2025
Magis TV APK – Best Streaming for Live Football Sports and Movies

Magis TV APK – Best Streaming for Live Football Sports and Movies

October 6, 2025
Ireland’s Ultimate Trinity: Where Exceptional Food, Rich Culture, and Scenic Drives Create Unforgettable Journeys

Ireland’s Ultimate Trinity: Where Exceptional Food, Rich Culture, and Scenic Drives Create Unforgettable Journeys

October 6, 2025
Trading

Introduction: What is Auction Theory Trading?

October 4, 2025
Things to Do in Brighton: A Complete Guide for Visitors

Things to Do in Brighton: A Complete Guide for Visitors

October 3, 2025

Today News

  • About
  • Write for us
  • Contact
  • Privacy Policy

@2024 Rooftree Publishing Ltd

Today News in association with Kajino.com

Sign up for our newsletter




  • Business
  • Tech
  • Consumer
  • Finance
  • Environment
  • Property
  • eCommerce

Recent News

Vibrant casino interior with rows of colorful slot machines, plush carpeting, and chandelier lighting, creating an energetic and inviting atmosphere.

How Does an Online Casino Differ from Land-Based Slot Machines?

October 6, 2025
Winning PPC Strategies for E-Commerce Brands

Winning PPC Strategies for E-Commerce Brands

October 6, 2025
No Result
View All Result
  • Home
  • Business
  • Tech
  • Consumer
  • Finance
  • Environment
  • Property
  • eCommerce
  • Write for us
  • About
  • Contact