Forex Strategies

Here are the ForexPM Forex Strategies. Many people look for the secret holy grail strategy, but unfortunately this does not exist and never will, otherwise we would all be rich. It’s much better to look for a good strategy with a historically a low drawdown and is profitable. It’s even better to create your own strategy.

When choosing a forex strategy, it’s important to decide how much time you have to spend on your trading. Obviously if you have only a few minutes a day, a scalping strategy might not be a good idea because they generally require a lot of time.

There are many types of forex trading systems available to trade including hedging strategies, intraday strategies, swing trading strategies, scalping strategies, news trading strategies etc.

Below are a few that I have personally tried and had some good results with. However, when trading, it is unlikely that any system will successful in the long term if it not used in conjunction with good solid money management.

Full Carry trade hedge
This strategy involves opening a trade with a positive carry and hedging it with a broker that doesn't charge the carry.

Risk free arbitrage with spread betting?
I found there is a risk free arbitrage between spread betting in British pounds and hedging the same position with a standard forex broker.

5/8 Cross over strategy
This is a very simple strategy that involves buying and selling currency pairs when the 5 Exponential moving average crossed the 8 EMA.

Simple Trendline Strategy
This trading strategy involves using trendlines as buy and sell signals.

 

 

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