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Are you new in forex? Or have you been trading for a while?
No matter how long you have been trading, these resources on how to build a consistent and profitable trading strategy will be worthy.


The most important advice is that the key is comfort. No matter what strategy you use, you have to be comfortable with the system you chose. It has to fit your personality or style in order to last and be efficient. Also, having a personalized strategy will prevent a collapse that could bring more losses than profits.

Alex Ong presents in this webinar what he calls “easiest beginners strategy around”, a better way for a newbie to make money in the markets. A resource that is highly recommended if you’re starting in Forex

In this enlightening article, Sam Seiden emphasises the importance of simplicity in trading strategies. His advice: the best way to simplify is focusing 100% on where the significant institution buy and sell orders are.

Richard Perry has it clear: having a trading strategy is absolutely vital to help you succeed in trading. In this webinar he explains how to build a trading strategy step by step and what factors you must avoid during this process.
 

Also visit: Trading Strategies on Educational section


In this article, Charis Charilaou gives some advices on how to optimize trading strategies. What he proposes is to apply money management considerations to the analysis of the market situation. 
As he explains, this model will allow you to see “why it makes little sense to get very excited when a trade wins or very upset when a trade loses which results in one more very important added advantage in forex trading: much better trading psychology”.

Have you ever realised there are links between making a good wine and making a good trading strategy? In this podcast Rob Booker talks about them and other interesting things about trading strategies.



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Editors’ Picks

EUR/USD: US trade war and Powell’s testimony in the eye of the storm

EUR/USD: US trade war and Powell’s testimony in the eye of the storm

The EUR/USD pair ends the week trading at around 1.0370, little changed from its previous weekly close of 1.0361. Tensions related to the United States trade war with its major counterparts dominated financial boards in the last few days and will likely remain as the main market mover.

EUR/USD News
GBP/USD flirts with daily lows near 1.2420, Dollar picks up pace

GBP/USD flirts with daily lows near 1.2420, Dollar picks up pace

The continuation of the rebound in the US Dollar motivates GBP/USD to accelerates its losses and revisit the 1.2420 area, or daily lows, following the release of US NFP in January.

GBP/USD News
USD/JPY climbs back closer to 152.00 amid Trump's tariff threats

USD/JPY climbs back closer to 152.00 amid Trump's tariff threats

USD/JPY kicks off the new week on a positive in reaction to US President Donald Trump's tariff threats. This comes on top of Friday's upbeat US NFP report and and could limit the scope for the Fed to ease policy. However, hawkish BoJ expectations, along with a softer risk tone, might underpin the JPY and cap the pair.

USD/JPY News

Editors’ Picks

AUD/USD faces some selling pressure to near 0.6250 amid trade war threat

AUD/USD faces some selling pressure to near 0.6250 amid trade war threat

The AUD/USD pair attracts some sellers to near 0.6245 during the early Asian session on Monday. The US Dollar edges higher amid the fear of a trade war threat. Trump said on Friday he plans to announce reciprocal tariffs on many countries by Monday or Tuesday, without specifying which countries.

AUD/USD News
USD/JPY climbs back closer to 152.00 amid Trump's tariff threats

USD/JPY climbs back closer to 152.00 amid Trump's tariff threats

USD/JPY kicks off the new week on a positive in reaction to US President Donald Trump's tariff threats. This comes on top of Friday's upbeat US NFP report and and could limit the scope for the Fed to ease policy. However, hawkish BoJ expectations, along with a softer risk tone, might underpin the JPY and cap the pair.

USD/JPY News
Gold extends upside above $2,850 on trade war tensions, China’s buying

Gold extends upside above $2,850 on trade war tensions, China’s buying

Gold price extends the rally to around $2,865 during the early Asian session on Monday. The precious metal edges higher as escalating trade tensions prompt investors to seek refuge in the safe-haven asset. 

Gold News
Week ahead: Will US CPI be a positive distraction amid Trump’s dramas?

Week ahead: Will US CPI be a positive distraction amid Trump’s dramas?

US consumer and producer prices to be main focal point. UK economic output data to be watched too. But Trump and tariff headlines might be a bigger market driver.

Read more
Top Trumps: The global economy’s House of Cards

Top Trumps: The global economy’s House of Cards

The year has barely started and we are learning the hard way what Donald Trump’s second term in office means for markets, analysts and global policymakers. It's like living through an episode of the political thriller, House of Cards.

Read more

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7 Ways to Avoid Forex Scams

The forex industry is recently seeing more and more scams. Here are 7 ways to avoid losing your money in such scams: Forex scams are becoming frequent. Michael Greenberg reports on luxurious expenses, including a submarine bought from the money taken from forex traders. Here’s another report of a forex fraud. So, how can we avoid falling in such forex scams?

What Are the 10 Fatal Mistakes Traders Make

Trading is exciting. Trading is hard. Trading is extremely hard. Some say that it takes more than 10,000 hours to master. Others believe that trading is the way to quick riches. They might be both wrong. What is important to know that no matter how experienced you are, mistakes will be part of the trading process.

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